According to a recent report published by Absolute Markets Insights, titled, "Global Medical Digital Detectors Market By Offerings, Functionality, Application, and End User and Region: Global Insights, Growth, Size, Comparative Analysis, Trends and Forecast, 2021 - 2029," the global medical digital detectors market is growing at a CAGR of 6.98% over the forecast period (2021 – 2029)
Portable/Mobile Detectors to Hold Largest Market Share in 2020
According to Absolute Markets Insights report, portable/mobile detectors accounted for the higher market share in 2020 and is projected to maintain their dominance over the forecast period (2021-2029) in the medical digital detectors market. The convenience offered by the product is the major factor driving the segment's growth. Additionally, radiograph inspections using mobile imaging equipment offer less processing speed and eliminate long wait times. Portable/mobile X-ray machines can take less than fifteen minutes, and the results are accessed in real-time and can be sent straight to the patient's physician, allowing instant analysis and start with the patient's treatment.
The rapidly aging population, rising prevalence of obesity, increasing number of patients suffering from chronic diseases such as diabetes, arthritis, coronary artery disease, and others are the key drivers behind the expansion of the global medical digital detectors market. For instance, in 2018, according to the data published by the Centers for Disease Control and Prevention (CDC), in the U.S., 34.2 million people were suffering from diabetes, 54.3 million people were suffering from arthritis, and 18.2 million people were suffering from coronary artery diseases. The use of medical digital detectors will be the future in applications namely bone densitometry and computed tomography. The rising demand and use of digital detectors will behoove medical professionals to be familiar with the technical principles, image quality criteria, and radiation exposure issues associated with various digital detectors systems currently available.
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Technological Advancements to Driver the Demand of Global Medical Digital Detectors Market
There were several new developments in medical digital detectors technology, and these trends include the integration of artificial intelligence (A.I.), more durable glassless detector plates, auto-detection technologies, and technologies to pull more diagnostic data out of imaging. Some vendors also have redesigned their D.R. systems to make them more user-friendly and ergonomic. Numerous players are spending a large amount of money on producing innovative and technologically advanced products to increase their prominence in the global medical digital detectors market. For instance, in December 2021, L.G. Business Solutions USA launched a new oxide-based thin-film-transistor Digital X-ray Detector (DXD) and a 21-inch 3MP diagnostic monitor. The wireless 14- x 17-inch DXD will use a new oxide-based TFT design to deliver high Detective Quantum Efficiency (DQE), while the 21-inch diagnostic monitor will introduce localized brightness control to optimize radiological image analysis, diagnosis and review.
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Reasons for Procuring Report from Absolute Market Insights:
The research report on Global Medical Digital Detectors Market will include extensive information based on the following pointers:
- Global Market Size and Forecast Values (2015 – 2029), in terms of revenue (US$ Million) by segments/sub-segments; wherein:
- 2015 to 2019 - Historic Years
- 2020 - Base Year
- 2021 to 2029 - Forecast Period
- Split of the market revenue (US$ Million) into all the relevant segments & sub-segments across all major regions/countries.
- Macro-Economic and Micro-Economic Indicators
- Market Determinants and Influencing Factors
- Market Dynamics: Global Medical Digital Detectors Market
- Drivers
- Restraints
- Opportunities
- Trends on Global Medical Digital Detectors Market
- Level of Impact of COVID-19 on the Global Medical Digital Detectors Market
- Porter’s Five Forces Analysis
- Competitor Landscape
- Product/Solution Benchmarking
- Market Share Analysis and Positioning, 2020
- Global Presence and Growth Strategies
- The final report will include competitive product/solution benchmarking which will include comparison of different products offered by different market participants on the basis of their features and capabilities that will help you to understand their market offerings. Furthermore, for each company, we will provide information regarding the following pointers:
- Company Details
- Company Overview
- Product Offerings
- Key Developments
- Financial Analysis
- Swot Analysis
- Business Strategies
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Key Findings of the Report:
- By offerings, the products segment registered for the major share of revenue in the global medical digital detectors market in 2020.
- By functionality, portable/mobile detectors segment accounted for the highest market share in the medical digital detectors market in 2020.
- By application, chest and trauma X-RAY segment accounted for the major share in 2020.
- By end-users, hospitals and clinics segment accounted for the major share in 2020.
- By region, North America region dominated the market in terms of revenue in 2020.
Competitor Insights:
The key companies profiled in the global medical digital detectors market are mentioned below:
- BPL Medical Technologies
- Canon
- CareRay Medical Technologies
- Carestream Health
- Detection Technology Plc.
- FUJIFILM Holdings America Corporation
- A. Imaging
- Konica Minolta, Inc.
- medical ECONET
- Radmedix
- Teledyne Digital Imaging Inc.
- Thales Group
- Varex Imaging Corporation
- Other Market Participants
The wide product portfolio of the players operating in the global medical digital detectors market and their strong distribution network across the globe is propelling for the growth. These players are emphasizing on collaborations with relevant stakeholders to increase their revenue in the upcoming years.
Absolute Markets Insights segmented the global medical digital detectors market based on offerings, functionality, application/end use, end-users and region.
Global Medical Digital Detectors Market Offerings Outlook (Revenue, USD Million, 2015 - 2029)
- Products
- Services
Global Medical Digital Detectors Market Functionality Outlook (Revenue, USD Million, 2015 - 2029)
- Portable/Mobile Detectors
- Stationery/Fixed Detectors
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Global Medical Digital Detectors Market Application/End-Use Outlook (Revenue, USD Million, 2015 - 2029)
- Bone Densitometry
- Computed Tomography
- Dental
- Chest and Trauma X-RAY
- Mammography
- Surgical X-RAY Imaging
- Others
Global Medical Digital Detectors Market End Users Outlook (Revenue, USD Million, 2015 - 2029)
- Hospitals and Clinics
- Diagnostic Imaging Centers
- Mobile Medical Facilities
- Urgent Care Centers
- Others
Global Medical Digital Detectors Market Regional Outlook (Revenue, USD Million, 2015 - 2029)
- North America (U.S., Canada, Mexico, Rest of North America)
- Europe (France, The UK, Spain, Germany, Italy, Nordic Countries (Denmark, Finland, Iceland, Sweden, Norway), Benelux Union (Belgium, The Netherlands, Luxembourg), Rest of Europe
- Asia Pacific (China, Japan, India, New Zealand, Australia, South Korea, Southeast Asia (Indonesia, Thailand, Malaysia, Singapore, Rest of Southeast Asia), Rest of Asia Pacific
- Middle East & Africa (Saudi Arabia, UAE, Egypt, Kuwait, South Africa, Rest of Middle East & Africa)
- Latin America (Brazil, Argentina, Rest of Latin America)
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