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Market Leader - X-ray Detector Market


The x-ray detectors market is expected to reach USD 3.31 Billion by 2022 from USD 2.53 Billion in 2017, at a CAGR of 5.6%. Factors such as growing public and private investments in digital imaging technologies, declining prices and benefits offered by digital detectors, and reimbursement cuts for analog X-rays are driving the demand for x-ray detectors.

Product launches accounted for the largest share of the overall growth strategy mapped from 2014–2017. Some of the leading players who adopted this strategy include Konica Minolta, Inc. (Japan), FUJIFILM Holdings Corporation (Japan), and Teledyne DALSA, Inc. (Canada).

The x-ray detectors market is highly competitive with several big and small players. Prominent players in this market include Varian Medical Systems (U.S.), PerkinElmer, Inc. (U.S.), Thales Group (France), Canon, Inc. (Japan), Konica Minolta, Inc. (Japan), Teledyne DALSA Inc. (U.S.), FUJIFILM Holdings Corporation (Japan), Agfa-Gevaert Group (Belgium), Carestream Health (U.S.), Vieworks Co., Ltd (South Korea). Some of the other players include Analogic Corporation (U.S.), Rayence (South Korea), YXLON International GmbH (Germany), DRTECH (Korea), and Hamamatsu Photonics K.K. (Japan).

In 2016, Varian Medical Systems dominated the X-ray detectors market. The company has managed to create a unique identity in this market due to its robust product portfolio and large geographic presence. In addition, the company also focuses on organic and inorganic growth strategies like expansions, acquisitions and agreements. For instance, in December 2016, the company acquired PerkinElmers medical imaging business (U.S.), a manufacturer of diagnostic imaging products. The company also focuses on geographic expansion to maintain its leading position in the market. For instance, in March 2016, the company opened Wuxi Regional Service Center in China.

PerkinElmer, Inc. was the second leading player in the X-ray detectors market in 2016. The company specializes in the development and manufacturing of X-ray flat panels. It has a strong sales force in 33 countries, which markets its products and services in more than 150 countries across the globe. The company relies on organic and inorganic growth to enhance its market share. The company’s acquisition of Dexela Limited (U.K.) strengthened its position in the CMOS X-ray detectors market. It’s an innovation-centric company that invests heavily in R&D to maintain its market share.

Related Reports:

X-ray Detector Market by Type (FPD, CSI, GADOX, CCD, Line Scan), Panel (Small, Large), Portability (Fix, Portable), Digital System (New, Retrofit), Application (Medical, Orthopedic, Mammogram, Dental, Security, Industrial, NDT) - Global Forecast to 2022

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