South America 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 SAM X-ray detectors market is expected to grow from US$ 144.41 million in 2022 to US$ 190.54 million by 2028. It is estimated to record a CAGR of 4.7% from 2022 to 2028.
Increasing Product Launches and Approvals Drives the SAM X-Ray Detectors Market
The healthcare industry is rapidly developing at a significant rate due to the increasing demand for diagnostics across region. The companies are emphasizing new product developments, product launches, approvals, and R&D to introduce efficient products. For instance, in July 2022, Konica Minolta Healthcare announced the availability of its Dynamic Digital Radiography (DDR) technology on the mKDR Xpress mobile X-ray system. The mobile system is also compatible with the AeroDR glassless high-definition detector, a recent advancement in wireless and flat-panel X-ray detector technology. DDR is the next-generation X-ray technology, improving orthopedic and pulmonary illness detection and treatment. Similarly, in February 2022, Spectrum Logic, an innovator in X-ray imaging solutions, launched the latest product from its range of large-area, super-fast, and flat-panel detectors: 3131HS. It is a dynamic X-ray detector designed with a pixel pitch of 100 μm and a choice of high-efficiency or high-resolution CsI scintillator or Gadox for clinical applications. Such increasing product developments, launches, and approvals by the market players are accelerating SAM X-ray detectors market .
SAM X-Ray Detectors Market Overview
The SAM X-ray detectors market is segmented into Brazil, Argentina, and the Rest of SAM. Digital radiography is becoming prevalent in imaging centers across the region. The high burden of cancer, ongoing innovations in X-ray detection technologies, increasing geriatric population that is at a greater risk of cancer, and research studies on enhancing the effectiveness of X-ray systems in cancer diagnosis are among the factors contributing to the growth of the market in SAM. Chest X-ray images are required in the preliminary assessment of cardiovascular disease. X-rays and other radiographic tests help doctors detect cancer in different body parts, including bones, stomach, and kidneys. X-ray-based detection is typically fast and painless, and no special preparation is needed to perform the procedures. Hospitals in the country has increased the base installation of X-ray equipment in 2020 to fulfill the rising demand for effective diagnosis amidst COVID-19 pandemic. According to estimates presented by the International Agency for Research on Cancer in the Globocan 2020, Brazil reported 592,212 cancer cases in 2020, while the death count reached 259,949. According to the same source, the number of new cancer cases is expected to increase to 995,000 by 2040. A surge in cancer incidence led to an increased demand for cancer diagnosis, propelling the use of mammography. Thus, a high burden of cancer is expected to favor the X-ray detectors market growth in Brazil in the coming years.
SAM X-Ray Detectors Market Revenue and Forecast to 2028 (US$ Million)
SAM X-Ray Detectors Market Segmentation
The SAM 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 SAM 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 SAM 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 SAM X-ray detectors market is segmented into Brazil, Argentina, and the Rest of SAM. Brazil dominated the market share in 2022.
Canon Inc, FUJIFILM Holdings Corp, Konica Minolta 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 SAM.
Reasons to Buy
Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the SAM 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 SAM 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 SAM 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