Global X-Ray Detector Market TOC
X-ray Detector Market size is anticipated to reach USD 1.27 Billion by the end of 2036, growing at a CAGR of 7.30% during the forecast period, i.e., 2024-2036. In the year 2023, the industry size of X-ray detector was USD 516.81 Million. The market's expansion is thought to be due to X-ray detectors due to ongoing technological advancements and rising demand for improved imaging in the anticipated timeframes. An estimated 3.6 billion diagnostic medical exams, including X-rays, are carried out annually throughout the world. The figure is still rising as more people seek out medical attention. Of these, 350 million are carried out on minors younger than 15 years old.
In addition to these, due to its large-area, flat-panel detectors made of a thin-film transistor array, the most recent generation of X-ray detectors can offer quick access to digital images. Radiologists should have easier access to a wealth of information regarding a wide variety of large-area and flat-panel electronic detectors due to the rapid technological advancements in digital radiography. This discovery has forced the creation of extremely sensitive X-ray detectors that will reduce radiation exposure for numerous key stakeholders. X-ray photon energy is a crucial component of X-ray detectors since the various components of the system primarily depend on it for their X-ray absorption coefficients. Therefore, properly generated X-ray photon energy utilizing the novel technology would enhance penetration capabilities. This discovery has forced several major competitors to develop extremely sensitive and low-dose radiation X-ray detectors in order to keep up with the anticipated increase of the X-ray detector market.
Growth Drivers
Challenges
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Base Year |
2023 |
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Forecast Year |
2024-2036 |
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CAGR |
7.30% |
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Base Year Market Size (2023) |
USD 516.81 Million |
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Forecast Year Market Size (2036) |
USD 1.27 Billion |
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Regional Scope |
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Type (Flat Panel Detectors, Compound Radiography Detectors, Line Scan Detectors, Charge-Coupled Device Detectors)
X-ray detector market from the flat panel detectors segment was assessed at USD 217.24 million in 2023 and is expected to have a value of USD 552.96 million by 2036, rising at a substantial CAGR of 7.54% over the projected time frame. The use of flat panel detectors for non-destructive testing (NDT) applications has increased significantly in the industrial sector. They usually have benefits like improved sensitivity to identify material faults, real-time data collecting, and high-resolution imaging. Flat panel detectors are widely used in quality control applications such as manufacturing, aerospace, and automotive to guarantee the integrity of components and materials. During the fiscal year 2022, the manufacturing industry's yearly production growth rate was 11.4%. Flat panel detectors are predicted to continue growing in popularity in the industrial sectors as long as technology progresses and more people become aware of their advantages.
End-Use Application (Aerospace & Defense, Automotive, Electronics & Semiconductors, Heavy Industrial & Manufacturing, Oil & Gas, Construction)
The oil & gas segment in the X-ray detector market is expected to reach USD 307.57 million by 2036, rising at a substantial CAGR of 7.73% between 2023 and 2036. In 2023, the segment was worth USD 118.07 million. In fact, the oil and gas sector is seeing a sharp increase in the need for X-ray detectors. One of the main factors propelling the rise of X-ray detectors in the oil and gas industry is the strict safety standards that demand extensive inspections of infrastructure and equipment. The finest quality in construction and maintenance is ensured by these detectors, which aid in permitting exact inspection of welds, pipes, and componentry. This is vital for preventing failures and guaranteeing the longevity of assets.
Our in-depth analysis of the global X-ray detector market includes the following segments:
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Type |
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Portability |
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End-Use Application |
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North American Market Forecast
The X-ray detector market in North America is projected to be the largest with the largest revenue of USD 441.93 million by the end of 2036 by growing at a CAGR of 7.06% over the forecast period. There has been an increasing utilization of industrial radiography to examine the integrity, and structure of the material in the North America region. The expansion of X-ray detectors in the industrial sector is anticipated by the demand for this industry in the region. Between 2018 and 2019, the United States aircraft manufacturing sector shrank by roughly 12.7%. Just 135.3 billion dollars in total output were produced by this subsector in 2019.
European Market Statistics
The Europe X-ray detector market is estimated to be the second-largest by developing at a CAGR of 7.60% in the given time frame. The Europe X-ray detector market is expected to be worth USD 390.84 million by the end of 2036, up from USD 152.46 million in 2023. For example, European technology is now crucial to the digitization of mechanical and automotive engineering and has greatly benefited many other industries in the region. Industrial radiography is essential to these industries because it may spot minute flaws that are unseen to the naked eye. The two primary uses of industrial radiography are as follows: Manufacturers utilize industrial radiography as a tool to find defects in the materials they use. Inspectors utilize industrial radiography to find defects in industrial assets to ensure that they are safe for use and satisfy regulatory inspection requirements. These days, there is a lot of interest in the X-ray detector market, which is in great demand in the region.
Author Credits: Abhishek Verma, Hetal Singh
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