Report : Middle East & Africa 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)
At 4.5% CAGR, the Middle East & Africa X-Ray Detectors Market is speculated to be worth US$ 166.26 million by 2028, says Business Market Insights
According to Business Market Insights’ research, the Middle East & Africa X-ray detectors market was valued at US$ 127.54 million in 2022 and is expected to reach US$ 166.26 million by 2028, registering a CAGR of 4.5% from 2022 to 2028. Technological advancement and investments and rising adoption of digital imaging technology are the critical factors attributed to the Middle East & Africa X-ray detectors market expansion.
The healthcare industry trends are changing drastically due to constant technological development and innovation, enhancing healthcare services and quality of care. 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 advancement in radiography is expected to augment the market growth. The increased adoption of digital technology followed by the constant development is likely to contribute to the expansion of the global X-ray detectors market. 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 help 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 help differentiate between bones and soft tissues. Thus, the increasing technological advancements and investments are likely to catalyze the growth of the Middle East & Africa X-ray detectors market.
On the contrary, high cost of digital x-ray systems and health hazards associated with X-ray systems hurdles the growth of Middle East & Africa X-ray detectors market.
- Based on type, the Middle East & Africa X-ray detectors market is segmented into computed radiography (CR) detectors, flat-panel detectors, line-scan detectors, and charge couple device (CCD) detectors. The flat-panel detectors segment held 88.3% market share in 2022, amassing US$ 112.67 million. It is projected to garner US$ 147.34 million by 2028 to expand at 4.6% CAGR during 2022–2028.
- Based on end user, the Middle East & Africa X-ray detectors market is segmented into hospitals, diagnostic laboratories, clinics, and other end users. The hospitals segment held 44.1% market share in 2022, amassing US$ 56.26 million. It is projected to garner US$ 74.64 million by 2028 to expand at 4.8% CAGR during 2022–2028.
- Based on application, the Middle East & Africa X-ray detectors market is segmented into medical, dental, veterinary, and other applications. The medical applications segment held 70.5% market share in 2022, amassing US$ 89.89 million. It is projected to garner US$ 117.87 million by 2028 to expand at 4.6% CAGR during 2022–2028.
- Based on country, the Middle East & Africa X-ray detectors market is segmented into Saudi Arabia, South Africa, UAE, and the Rest of Middle East & Africa. Our regional analysis states that Rest of Middle East & Africa captured 38.2% market share in 2022. It was assessed at US$ 48.67 million in 2022 and is likely to hit US$ 61.31 million by 2028, exhibiting a CAGR of 3.9% during the forecast period.
Key players dominating the Middle East & Africa X-ray detectors market are 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, among others.
- In 2022, Varex Imaging has opened an Industrial X-ray Application Development Testing and Inspection Lab in Franklin Park, Illinois. The new facility provides the customers with access to MV X-ray sources, kV X-ray tubes and a wide range of industrial flat-panels and decades of industrial imaging expertise to help them meet the challenging requirements of today’s industrial imaging applications.
Contact Us
Contact Person: Sameer Joshi
Phone: +1- 646- 491- 9876
Email id: sam@businessmarketinsights.com