Europe 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 Europe X-ray detectors market is expected to grow from US$ 844.23 million in 2022 to US$ 1,128.37 million by 2028. It is estimated to record a CAGR of 5.0% from 2022 to 2028.
Increasing Prevalence of Chronic Disorders Drives Europe X-Ray Detectors Market Growth
Chronic disorders such as cardiovascular, respiratory, and orthopedic, as well as various types of cancer, are leading to disabilities and mortalities across the world. These clinical conditions affect the overall quality of life. According to the World Health Organization (WHO), over 50% of the population is estimated to suffer from at least one chronic disease. Cardiovascular diseases (CVDs) caused due to hectic lifestyle are a significant cause of mortality. Orthopedic disorders are among the major causes of disability-adjusted life years (DALYs) observed across the large geriatric population. Thus, the rising prevalence of chronic conditions demands safe, effective, and efficient diagnostic systems, such as X-ray detectors, thereby driving the Europe X-ray detectors market growth in Europe.
Europe X-Ray Detectors Market Overview
The European X-ray detectors market is segmented into Germany, the UK, France, Italy, Spain, and the Rest of Europe. The region holds a significant share in the global market. The European market is expected to witness significant growth during the forecast period owing to various factors such as the rising elderly population, growing incidence of cancer, surging imports and exports of X-ray products, and increasing launches of innovative products by market players in the region. The Made in Germany digital X-ray machines, either stationary or mobile, and portable X-ray units from OR Technology have inspired doctors and physicians for more than 30 years due to their durability and low maintenance requirements. The company has also developed X-ray software solutions integrated into all its systems for image acquisition, reporting, and archiving. PROTEC manufactures X-ray equipment with compatible software. Its complete, perfectly designed X-ray systems are Made in Germany. Further, Germany has been the first to make parts of X-ray diagnosis easier for veterinarians by using Artificial Intelligence (AI). The integration of AI provides extra assistance to professionals.
Europe X-Ray Detectors Market Revenue and Forecast to 2028 (US$ Million)
Europe X-Ray Detectors Market Segmentation
The Europe X-ray detectors market is segmented into type, end user, application, and country. Based on type, the 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 Europe 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 Europe 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 Europe X-ray detectors market is segmented into Germany, the UK, France, Italy, Spain, and the Rest of Europe. The Rest of Europe dominated the market share in 2022. 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 Europe X-ray detectors market.
Reasons to Buy
Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Europe X-ray detectors market.
Highlights key business priorities in order to assist companies to realign their business strategies
The key findings and recommendations highlight crucial progressive industry trends in the Europe X-ray detectors market, thereby allowing players across the value chain to develop effective long-term strategies
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
Scrutinize in-depth Europe market trends and outlook coupled with the factors driving the X-ray detectors market, as well as those hindering it
Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook