Global Digital Radiography Detectors Market: Overview
The global digital radiography detectors market is expected to witness a rapid growth with the rising incidences of sports-related injuries and cancer. At present, a large number of patients, especially in the developing nations are performing image testing every year. Apart from that, the number of geriatric population is also increasing and may drive the demand for the market in the years to come. Age old people are more prone to falling sick frequently, thus adding to the need for conducting various radiographic tests. Besides, leading players are focusing more on introducing new technologies especially for C-arms and fluoroscopy devices among end-users ultimately contributing growth to the overall market.
There are different variations in the market for digital radiography detectors on the basis of portability, panel size, and the type of systems. The further classifications under these categories are computed radiography (CR) detectors, indirect flat-panel detectors, direct-flat-panel detectors, portable detectors and fixed detectors, retrofit x-ray systems and digital x-ray systems. Out of these, the flat-panel detectors are anticipated to contribute larger share of revenue as compared to the other segments.
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The report presented here is a complete evaluation of the global digital radiography detectors market with large focus on market dynamics that also includes the market drivers, restraints, and trends and opportunities. It also offers geographical and other segmentation studies of the market.
Global Digital Radiography Detectors Market: Trends and Opportunities
An important factor assumed to boost the global digital radiography detectors market is the increasing number of geriatric population. People of older generation need more care and concern in order to stay away from chronic and fatal diseases. Many types of complications may arise due to which doctors prefer to examine them with the help of advanced technology and not just through general examination. Thus, the need for radiography detectors is more in case of the geriatric population.
Besides the geriatric population, factors like the decline in the prices of digital detectors have also boosted the market for digital radiography. Apart from that, private investments in digital imaging technologies as well as government measure to make such testing cost efficient has also drawn more people to adopt this technology.
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Global Digital Radiography Detectors Market: Regional Analysis
The global digital radiography detectors market may be classified into the regions of Middle East and Africa, North America, Europe, Asia Pacific, and Latin America. Among these, the region anticipated to contribute a larger share to the market is North America. This is because of the increasing investment in venture capitals, and surge in chronic diseases with rising disposable income and rising popularity of digital imaging systems. Asia Pacific, on the other hand is estimated to grow at a higher rate in the years to come. Asia Pacific is likely to grow at a faster rate due to the quick adoption of latest technology by emerging nations like that of Japan, China, and India.
Global Digital Radiography Detectors Market: Competitive Analysis
While digital radiographic detectors show prominent growth opportunities, there may be restricting factors like high cost of x-ray machines that may act as a barrier for the growth of the overall market.
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Major companies in the digital radiography detectors market are FUJIFILM Holdings Corporation, Hamamatsu Photonics k.k., Teledyne Technologies Incorporated, Varex Imaging Corporation, and Onex Corporation (Carestream Health). Major companies are focusing on new strategies in order to consolidate their positions in the global market. This may be done by active participation in business schemes like mergers, acquisitions and partnerships.
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