Asia-Pacific X-Ray Detectors Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Type [Flat-Panel Detectors, Computed Radiography (CR) Detectors, Charge Couple Device (CCD) Detectors, and Line-Scan Detectors], Application (Medical Applica

Asia-Pacific X-Ray Detectors Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Type [Flat-Panel Detectors, Computed Radiography (CR) Detectors, Charge Couple Device (CCD) Detectors, and Line-Scan Detectors], Application (Medical Applications, Dental Applications, Veterinary Applications, and Other Applications), and End User (Hospitals, Diagnostic Laboratories, Clinics, and Other End Users)

The APAC X-ray detectors market is expected to grow from US$ 871.04 million in 2022 to US$ 1,353.12 million by 2028. It is estimated to record a CAGR of 7.6% from 2022 to 2028.

Technological Advancements and Investments to Fuel APAC X-Ray Detectors Market during 2022–2028

The healthcare industry trends are changing drastically due to constant technological developments and innovation, enhancing healthcare services and care quality. Various market players are striving hard to acquire the largest market share, followed by the rising demand for diagnostics. This has increased the research and development (R&D) activities and investments to innovate novel X-ray detectors. Also, the constant technological advancements in radiography and the increased adoption of digital technology, followed by constant development, are expected to augment the X-ray detectors market growth in APAC in the coming years. There has been a surge in the integration of artificial intelligence (AI) and virtual reality (VR) technologies in the existing devices along with the development of dynamic digital radiography (DDR) that helps create moving X-ray images, useful in the diagnosis of chronic obstructive pulmonary disorders (COPD), orthopedics, and asthma. Moreover, the rising use of dual-energy digital radiography helps differentiate between bones and soft tissues. Thus, the increasing technological advancements and investments are likely to catalyze the growth of the APAC X-ray detectors market during the forecast period.

Market Overview

The APAC X-ray detectors market is segmented into China, Japan, India, South Korea, Australia, and the Rest of APAC. China held the largest market share in the region in 2021, and India is expected to register a significant growth rate in the market. The market growth in these countries is attributed to the rising chronic disease prevalence and favorable reimbursement policies. Moreover, expansion and product launch strategies implemented by market players are expected to contribute to the growth of the X-ray detectors market in the region. Rapid socioeconomic restructuring in China is affecting the lifestyle of the population, which is eventually increasing the incidence of chronic disorders, such as cardiovascular disorders, orthopedic disorders, and cancer. According to an article published on BioMed Central (BMC Cardiovascular Disorders), CVDs account for more than 40% of death cases in China. In addition, in 2019, about 120.33 million people suffered from CVDs in the country. According to the World Health Organization (WHO), China had ~254 million people with age 60 and above in 2019, and this number is expected to jump to ~402 million by 2040, accounting for 28% of the total Chinese population. Geriatric populations are highly susceptible to chronic diseases, which indicates high demand for diagnostic tools, such as X-ray detectors.

APAC X-Ray Detectors Market Revenue and Forecast to 2028 (US$ Million)

APAC X-Ray Detectors Market Segmentation

The APAC X-ray detectors market is segmented into type, end user, application, and country. Based on type, the APAC X-ray detectors market is segmented into computed radiography (CR) detectors, flat-panel detectors, line-scan detectors, and charge couple device (CCD) detectors segment. The flat-panel detectors segment registered the largest market share in 2022.

Based on end user, the APAC X-ray detectors market is segmented into hospitals, diagnostic laboratories, clinics, and other end users. The hospitals segment registered the largest market share in 2022. Based on application, the APAC X-ray detectors market is segmented into medical, dental, veterinary, and other applications. The medical applications segment registered the largest market share in 2022. Based on country, the APAC X-ray detectors market is segmented into China, Japan, India, South Korea, Australia, and the Rest of APAC. China dominated the market share in 2022. Analogic Corp, Canon Inc, FUJIFILM Holdings Corp, Konica Minolta Inc, Moxtek Inc, PerkinElmer Inc, Rigaku Corp, Teledyne Technologies Inc, Varex Imaging Corp, and Varian Medical Systems Inc are among the leading companies operating in the X-ray detectors market in APAC.

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