Flat Panel Detector (FPD) Market COVID-19 Impact and Industry Insights By 2027

30 day(s) ago
URL: https://www.marketresearchfuture.com/reports/flat-panel-detector-market-7903

Market Scope

Market Research Future (MRFR) studied the global flat panel detector (FPD) market 2021 in the assessment period till 2024. According to MRFR data, the market of flat panel detectors is expected to expand at 6.7% CAGR over the review period (between 2019 and 2024). By 2024, the flat panel detector market can value above USD 3.06 Bn.

Market Drivers and Restraints

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.

Advances in cone beam computed tomography (CBCT) have improved healthcare treatment outcomes for different diseases, such as; urinary diseases and cardiovascular diseases. Technological upgradation and improvements in the available CBCT equipment is resulting in a huge demand for such machines in both emerging economies and developed regions. The field of ENT, implant dentistry, interventional radiology (IR), and orthopedics are expected to contribute to the upsurge of the market in the years to come. The growing need for minimally invasive surgeries is also likely to boost the need for flat panel detector (FPD)-based X-ray for CBCT. Also reputed as cone beam volume CT and C-arm CT, Cone beam computed tomography, is used significantly in medical imaging methods that comprises X-ray computed tomography allowing X-rays to diverge. Flat panel detectors have modern versions of image detectors that help X-rays that can directly develop digital images as it falls on the patient's body. Unlike traditional images, a FPD produces distortion-free images via electron optics. Another advantage of flat panel detectors along with improved image quality is lower radiation dose. On the contrary, cost issues can hinder the market expansion.

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.

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Key Players

MRFR identified some of the prominent players in the worldwide flat panel detector (FPD) market. They are; 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, and PerkinElmer Inc among others.

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