Flat Panel Detector (FPD) Market Research Report - Forecast till 2027

Flat Panel Detector (FPD) Market Research Report: Information by Portability (Fixed, Portable), Application (Medical, Orthopedic, Cardiac, Veterinary, Mammogram, Dental, Others), by End User (Hospitals and Clinics, Diagnostic Centers) and by Region (Americas, Europe, Asia-Pacific and the Middle east & Africa) - Forecast till 2027

ID: MRFR/HC/6431-HCR | October 2022 | Region: Global | 90 Pages         

Flat Panel Detector (FPD) Market

The flat panel detector (FPD) market is expected to grow significantly over the forecast period. The market held a market value of USD 3.06 billion in 2018 and is projected to grow at a CAGR of 6.7% over the forecast period.

Segmentation

By Portability Fixed Portable
By Application Medical Orthopedic Cardiac Veterinary Mammogram Dental Others
By End User Hospitals And Clinics Diagnostic Centers

Key Players

  • General Electric Company
  • Carestream Health
  • Canon Medical Systems Corporation
  • Fujifilm Holdings America Corporation
  • PerkinElmer Inc.
  • Trixell
  • iRay Technology
  • Varian Medical Systems Inc.
  • Agfa-Gevaert Group
  • New Medical Imaging Co. Ltd

Drivers

  • Growing public and private investments in digital imaging technologies
  • Growing medical tourism in developing countries
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Flat Panel Detector (FPD) Market Scenario


The flat panel detector (FPD) market is expected to grow significantly over the forecast period. The market held a market value of USD 3.06 billion in 2018 and is projected to grow at a CAGR of 6.7% over the forecast period.


Flat panel detector (FPD) is a type of solid-state X-ray digital radiography device. It works in the same way as image sensors used in digital photography and video works. Growing public and private investments in digital imaging technologies and declining prices and benefits offered by digital detectors are positively affecting market growth. Additionally, growing medical tourism in developing countries is also expected to drive the growth.


On the other hand, the high cost of the system is likely to hamper the growth of the market.


Segmentation


The global flat panel detector (FPD) market has been segmented by portability, application, and end user.


By portability, the market has been segmented into fixed and portable.


By application, the market has been segmented into medical, orthopedic, cardiac, veterinary, mammogram, dental, and others.


The market, by end user, has been segmented into hospitals and clinics, and diagnostic centers.


The global flat panel detector (FPD) market has been segmented, by region, into the Americas, Europe, Asia-Pacific, and the Middle East & Africa. The flat panel detector (FPD) global market in the Americas has further been segmented into North America and South America, with the North American market divided into the US and Canada.      


The European flat panel detector (FPD) market has been segmented into Western Europe and Eastern Europe. Western Europe flat panel detector (FPD) global market has further been classified as Germany, France, the UK, Italy, Spain, and the rest of Western Europe.       


The flat panel detector (FPD) market in Asia-Pacific has been segmented into Japan, China, India, South Korea, Australia, and the rest of Asia-Pacific. The flat panel detector (FPD) global market in the Middle East & Africa has been segmented into the Middle East and Africa. 


Key Players


General Electric Company, Carestream Health, Canon Medical Systems Corporation, Fujifilm Holdings America Corporation, PerkinElmer Inc., Trixell, iRay Technology, Varian Medical Systems, Inc., Agfa-Gevaert Group, New Medical Imaging Co., Ltd, Varex Imaging Corporation, and Imaging Dynamics Company Ltd are some of the prominent players in the global flat panel detector (FPD) market.


Regional Market Summary


Global Flat Panel Detector (FPD) Market Share (%), by Region, 2018  Flat Panel Detector (FPD) Market_Image


Source: White Papers, Company Presentations, Annual Reports


On a regional basis, the Americas is anticipated to dominate the global flat panel detector (FPD) market owing to the technological innovations, increasing healthcare spending, availability of venture capital and government funding, and increasing incidence of chronic diseases in the region has fueled the growth of the market.


Europe is expected to hold the second largest position in the global flat panel detector (FPD) market owing to the presence of well-developed healthcare sector, strong government support for research & development and high healthcare expenditure in the European countries. Well-developed technologies in Europe have also played a predominant role in the development of the European market.


Asia-Pacific is anticipated to be the fastest growing region in the global flat panel detector (FPD) market owing to the growing adoption of digital imaging systems, rising disposable income, growing number of awareness programs and symposia, and growing venture capital investments.


The Middle East & Africa has the least share of the global flat panel detector (FPD) market.  Moreover, the major market share of the region is expected to be held by the Middle East region owing to the growing government initiatives for the healthcare sector.  


Global Flat Panel Detector (FPD) Market, by Portability



  • Fixed

  • Portable


Global Flat Panel Detector (FPD) Market, by Application



  • Medical

  • Orthopedic

  • Cardiac

  • Veterinary

  • Mammogram

  • Dental

  • Others


Global Flat Panel Detector (FPD) Market, by End User



  • Hospitals & Clinics

  • Diagnostic Centers


Global Flat Panel Detector (FPD) Market, by Region



  • Americas

    • North America

      • US

      • Canada



    • Latin America





  • Europe

    • Western Europe

      • Germany

      • France

      • Italy

      • Spain

      • UK

      • Rest of Western Europe



    • Eastern Europe





  • Asia-Pacific

    • Japan

    • China

    • India

    • Australia

    • South Korea

    • Rest of Asia-Pacific





  •  Middle East & Africa

    • Middle East

    • Africa




Intended Audience



  • Medical device companies

  • Contract research organizations

  • Academic and research institutes

  • Government associations



Report Scope:

Report Attribute/Metric Details
  Market Size   2024: USD 3.06 billion
  CAGR   2019-2024: 6.7%
  Base Year   2019
  Forecast Period   2027
  Historical Data   2018
  Forecast Units   Value (USD Million)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   Portability, Application, and End user
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   General Electric Company, Carestream Health, Canon Medical Systems Corporation, Fujifilm Holdings America Corporation, PerkinElmer Inc., Trixell, iRay Technology, Varian Medical Systems, Inc., Agfa-Gevaert Group, New Medical Imaging Co., Ltd, Varex Imaging Corporation, and Imaging Dynamics Company Ltd
  Key Market Opportunities   Investments in digital imaging technologies
  Key Market Drivers

  • Growing public and private investments in digital imaging technologies
  • Growing medical tourism in developing countries


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    Frequently Asked Questions (FAQ) :

    The market was valued at USD 3.06 billion.

    The high cost of the procedure to prevent regular growth.

    The Americas may enjoy the upper hand over the market.

    The Asia Pacific flat panel detector market would show the fastest speed.