Flat Panel Detector Market Overview
The global flat panel detector (FPD) market size is predicted to expand at 6.7% CAGR over the forecast period. Investments in digital imaging technologies for attaining accurate images of the internal body can drive the market demand. Dropping prices of digital detectors and the growing medical tourism can positively affect market growth. Developments in digital mammography with the help of FPDs can detect abnormalities in the body. This has worked well in breast cancer diagnostics and aided in storage of images in picture archiving and communication systems. In addition, lowered radiation doses associated with FPDs do not compromise with image quality in diagnosis of diseases. The growing need for effective and high-quality diagnosis is expected to rise in cases of orthopaedic diseases in the ageing population. Better contrast detectability, efficient dynamic range, enhanced medical measurement, superior and more accurate images, reduced patient radiation exposure, and versatile image management are some of the reasons that are expected to drive the acceptance of optical flat-panel x-ray detectors over computed radiography detectors, which is expected to drive the growth of global flat-panel x-ray detection.
In addition, other factors that are affecting global demand growth include other factors such as the increased prevalence of orthopaedic disorders and cancer and scientific developments in flat panel x-ray detectors. One of the key factors poised to fuel growth in the Flat Panel Detector Market during the forecast period is the implementation of the Complementary Metal-Oxide - Semiconductor (CMOS) technology in the design of flat panel detectors.
Advances in solid-state X-ray digital radiography devices, such as; Flat panel detector (FPD), is gaining prominence as diagnostic aid, which is expected to earn high revenue for the FPD market in near future. The integration of modern image sensors in flat panel detectors helps in delivering accurate results that are likely to contribute to the expansion of the customer base, which, in turn, can earn profit for the FPD market in the near future. The expansion of private and public investments in digital imaging technologies, along with decline in prices and benefits that are provided by digital detectors are causes that are likely to positively impact the market in the near future. In addition, the rise of medical tourism in different developing countries is also anticipated to drive the market of FPD in the approaching years.
Flat Panel Detector Market Segmentation
- The segment study of the global flat panel detector (FPD) market is based on end user, portability, and application.
- The portability-based segments of the flat panel detector market are portable and fixed.
- The application-based segments of the flat panel detector market are cardiac, medical, veterinary, orthopedic, dental, and mammogram among others.
- The end user-based segments of the flat panel detector market are diagnostic centers, and hospitals and clinics.
Flat Panel Detector Market Regional Analysis
In the Americas, the market of flat panel detector (FPD) market is expected to earn high revenue as the adoption of technological innovations that help in offering high quality result is observed. The gradual upsurge in healthcare spending and the easy availability of venture capital solutions, along with high government funding are expected to support the market expansion.
In Europe, the flat panel detector market is expected to hold the largest position in the worldwide flat panel detector (FPD) market, after North America. The existence of a robust well-developed healthcare sector, support from the government that are causes which are expected to promote the regional market. The gradual increase in the investment made in both research and development, along with high healthcare expenditure are some major forces that can support the rise of Europe FPD market.
In Asia Pacific, the growing demand for flat panel detectors (FPD) is a major cause that can prompt the market expansion in the near future. The rise in the adoption of numerous digital imaging systems, and rising disposable income, along with increase in the number of symposia and awareness programs, and rise in demand for venture capital investments are also likely to benefit the APAC market. In the Middle East and Africa, the flat panel detector (FPD) market can rise at a steady rate, states MRFR study.
Flat Panel Detector Market Players
- Trixell
- Imaging Dynamics Company Ltd
- Fujifilm Holdings America Corporation,
- Varex Imaging Corporation
- Varian Medical Systems, Inc.
- iRay Technology
- Agfa-Gevaert Group
- New Medical Imaging Co., Ltd,
- Carestream Health
- General Electric Company,
- Canon Medical Systems Corporation
- PerkinElmer
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