The North American X-Ray detectors market is estimated to grow to USD 41.24 billion by 2029 from USD 30.77 billion in 2024, growing at a CAGR of 6.03% from 2024 to 2029.
The X-ray detectors market in North America is driven by factors such as the increasing number of medical imaging procedures, rapid technological advancements, the presence of key market participants, the presence of well-established healthcare institutions, growing adoption of digital X-ray detectors due to its wide range of benefits, growing use of information technology and significant investments in research and development by key players. In addition, the recent developments made by manufacturers in the market, due to strong emphasis placed on improving the health conditions of the population, are now associated with different equipment like innovative X-ray detectors, which not only increase the level of accuracy and clarity of images but also provide cost-effective systems to healthcare settings, leading to increased adoption of these x-ray detectors across the region.
Because there has been a rise in infectious diseases and other chronic diseases amongst the population almost everywhere, there is a growing need for continuous monitoring and diagnostic services to treat these problems and improve patient outcomes. As a result, a high frequency of government organizations and venture capitalists across the region investing in X-ray detection equipment for additional support is expected to support the growth of the x-ray detectors market in the North American region.
However, stringent regulatory procedures regulated by the government of North American countries, high equipment costs, and low rates of reimbursement, which led to the unaffordability of detectors in many hospitals of this region, availability of alternatives such as refurbished systems, which are less expensive than new detectors are hampering the market growth. Furthermore, the body scanners at the airport for the generation of computerized images of passengers to avoid hazardous materials carriage has high levels of X-rays, which can lead to a higher risk of cancer and cardiovascular disease, and have been banned by airports in many countries. These further act as an obstacle to the growth of the x-ray detectors market in North America.
The North American X-ray detectors market is foreseen to grow at a promising growth rate over the forecast period. It is anticipated to account for a significant share of the global market due to factors such as high R&D investments by major players in this region, rapid increase in public and private investment in digital imaging technologies like x-ray detectors, the growing geriatric population, presence of well-developed healthcare institutions, increasing medical tourism more specifically in developing countries, increasing disposable income, and increase in medical imaging procedures adoption.
The recent technological advancements in x-ray detectors, such as wireless x-ray detectors, because of growing funds from the government of North America, led to the provision of more benefits offered by digital scanners and declining prices along with reduced reimbursement for analog x-rays. This creates no risk chance of performing standard procedures. In addition, the introduction of efficient X-ray devices which does imaging filmless has led to higher adoption of these detectors, driving the market growth.
The U.S. market is anticipated to account for a major share of the North American region during the forecast period owing to the rise in demand for better healthcare services and technologically advanced treatment products due to the increasing prevalence of health-related diseases, such as an increase in the incidence of orthopedic and cardiovascular diseases, which helps in ease of handling of equipment, growing awareness of X-ray system, favorable initiatives taken by the U.S. government.
The Canadian market is estimated to register a healthy CAGR during the forecast period owing to the rapid technological developments in the medical sector, which paved the way for developing advanced X-ray detectors more efficiently and accurately. In addition, the increase in the development of medical infrastructure due to the rising population with chronic diseases, primarily due to unhealthy dietary trends, is expected to amplify the growth of this market over the forecast period in Canada.
Companies playing a dominant role in the North America X-Ray Detectors Market profiled in this report are Varian Medical Systems (U.S.), PerkinElmer, Inc. (U.S.), Agfa-Gevaert Group (Belgium), Carestream Health (U.S.), Vieworks Co., Ltd (South Korea), Analogic Corporation (U.S.), Rayence (South Korea), Thales Group (France), Canon, Inc. (Japan), Konica Minolta, Inc. (Japan), Teledyne DALSA Inc. (U.S.), Fujifilm Holdings Corporation (Japan), YXLON International GmbH (Germany), DRTECH (Korea), and Hamamatsu Photonics K.K. (Japan).
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