X-Ray Detectors Market worth $2,552.7 Million by 2019 - New Report by MarketsandMarkets

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The X-ray detectors market is a growing field that has witnessed a number of technological advancements: http://www.marketsandmarkets.com/Market-Reports/x-ray-detectors-market-7004984.html

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Key Players are Agfa (Belgium), Analogic Corporation (U.S.), Canon, Inc. (U.S.), Fujifilm Medical Systems (Japan), Konica Minolta, Inc. (Japan), PerkinElmer, Inc. (U.S.), Teledyne Dalsa (U.S.), Thales (France), and Varian Medical Systems (U.S.).

The X-ray detectors market is expected to reach $2,552.7 million by 2019 from $2,009.7 million in 2014, growing at a CAGR of 4.9% from 2014 to 2019.

The X-ray detectors market across the globe is witnessing high growth due to factors such as government support, declining prices of FPDs, growing aging population and rising prevalence of various diseases. Key players are focusing on incorporating advanced and innovative features in their products to make them prominent in the market. With this view, companies are focusing on new product launches, agreements, expansions and acquisitions to attain a leadership position in the market.

The X-ray detectors market by detector type includes flat-panel detectors (FPDs), computed radiography (CR) detectors, charge coupled device-based detectors and line-scan detectors. The X-ray detectors market is currently dominated by FPDs, followed by CR detectors, line-scan detectors and CCD detectors. By the end of 2014, FPDs are expected to account for the highest share of the X-ray detectors market and estimated to grow at the highest CAGR in the forecast period. The advent of wireless FPDs, falling prices of FPDs and growing demand for retrofitting the old X-ray systems with FPDs are likely to drive the growth of the FPD market in the coming five years.

The X-ray detectors market is also categorized by application into the medical, dental, veterinary, security and industrial groups.

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Based on geography, the global X-ray detectors market is dominated by North America, followed by Europe, Asia, and the Rest of the World (RoW). North America is expected to account for the largest share of the market by the end of 2014, while Asia is likely to witness the highest growth in this market.

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