The growing adoption of digital X-ray detectors, rising demand for X-ray imaging in industrial and security markets, growing geriatric population coupled with rising prevalence of chronic diseases & respiratory infections, and increasing utilization of X-ray detectors for early diagnosis & clinical applications are considered to have a positive impact on the global X-ray detectors market. X-ray detectors market is expected to register a CAGR of 6% during the forecast period 2022–2029 to reach $4.30 billion by 2029.
Here are the leading 10 companies in this X-ray detectors market–
Varex Imaging Corporation
In January 2017, Varex Imaging Corporation was founded as an independent publicly-traded company after completing the ‘separation and distribution’ agreement with Varian Medical Systems, Inc. (U.S.). Varex Imaging Corporation offers X-ray imaging components such as digital flat panel detectors, X-rays tubes, digital detectors & accessories, and linear accelerators. The company sells its imaging products to various original equipment manufacturers (OEMs) for incorporation in their medical diagnostics, radiation therapy, dental, veterinary, and industrial imaging systems. Besides OEMs, the company provides imaging products to independent service companies, distributors, and end users. Varex operates through two business segments, namely, Medical Imaging and Industrial Imaging, and provides X-ray detectors through both its business segments.
Varex has manufacturing facilities in the U.S., the Netherlands, Germany, Finland, the Philippines, and China. These units are certified by the International Standards Organization (ISO) under ISO 9001 (for industrial products) or ISO 13485 (for medical devices). Varex Imaging International Holdings B.V. (Netherlands), Varex Imaging Mexico, S. de R.L. de C.V. (Mexico), and Varex Imaging Holdings, Inc. (U.S.) are some of the subsidiaries of the company.
Teledyne Technologies (U.S.)
Teledyne Technologies is a provider of electronic components, instruments & communications products, including defense electronics, data acquisition & communications equipment for airlines and business aircraft, monitoring and control instruments for industrial and environmental applications and components, and subsystems for wireless and satellite communications.
Teledyne provides advanced technologies and engineered systems through four segments, namely, Instrumentation, Digital Imaging, Aerospace and Defense Electronics, and Engineered Systems. The company offers X-ray detectors under the Digital Imaging segment, which includes high-performance sensors, cameras, and systems within the visible, infrared, ultraviolet, and X-ray spectra for industrial, scientific, government, space, defense, security, and medical applications. X-ray detectors are provided by Teledyne DALSA (Canada), which designs, develops, manufactures, and markets digital imaging products and solutions, in addition to providing semiconductor products and services. The company was established in 1960 and acquired by Teledyne Technologies in 2011.
Teledyne Technologies has its geographical presence in the U.S., the U.K., Canada, and Western and Northern Europe. The company has 68 principal operating facilities in 17 states and 6 foreign countries, with the R&D center in California, U.S..
Canon Inc. (Japan)
Canon Inc. manufactures imaging and optical products, including cameras, camcorders, photocopiers, steppers, computer printers, and medical equipment. The company operates through four segments, namely Printing, Imaging, Medical, Industrial and Others. It offers X-ray detectors through its Medical and Industrial and Others segments.
The company provides its products through its subsidiaries, Canon Medical Systems Corporation (Japan) (a collaboration between Canon, Inc. and Toshiba Medical) and Canon Electron Tubes & Devices Co., Ltd (Japan). The Canon Medical Systems Corporation develops and manufactures diagnostic imaging systems, including CT, MRI, ultrasound, X-ray, and clinical laboratory systems for medical, academic, and research communities. Canon Electron Tubes & Devices Co., Ltd also provides X-ray Flat Panel Detectors (FPD). The company has its geographical presence across Japan, North America, South America, Europe, Asia, and Oceania through its subsidiaries and distributors.
iRay Technology Company Limited (China)
iRay Technology Company Limited offers X-ray system components for dental, medical, veterinary, and industrial imaging applications. The company provides tether, dynamic, wireless, real-array, and mammography series of X-ray detectors.
The company has over 50,000 units globally and sells iRay products across 70 nations, including the U.S., Europe, and China. The company’s products are based on a wide technology portfolio, including amorphous silicon (a-Si) to IGZO (Oxide TFT), flexible substrates, and CMOS devices. iRay has established partnerships with Chinese medical imaging industry customers and leading medical equipment companies across the globe. The company has its production facilities in China.
Carestream Health, Inc. (U.S.)
Carestream Health, Inc. is an independent subsidiary of Onex Corporation (Canada) engaged in providing medical imaging solutions and X-ray imaging systems for non-destructive testing and precision contract coating services for industrial, medical, electronic, and other applications. The company has more than 500 patents for medical imaging and information technology.
Carestream operates in three business segments, namely, Medical Imaging, Non-Destructive Testing (NDT), and Contract Manufacturing, and operates in the X-ray detectors market through the medical imaging segment. The company has a geographical presence across 150 countries in North America, Europe, Asia-Pacific, South America, and the Middle East & Africa with a strong distribution network.
Meticulous Research in its latest publication on X-RAY DETECTORS MARKET has predicted the growth of 6% during the forecast year 2022-2029.
Rayence (South Korea)
Rayence is involved in the design, development, manufacture, and distribution of flat panel detectors (FPDs) and digital radiography imaging systems and provides solutions for the medical, dental, and veterinary industries. The company offers a-Si TFT and CMOS detectors for various medical, dental, and industrial inspection applications.
Rayence has a geographical presence across the U.S., Canada, Germany, China, South Korea, and Japan through its distribution network. As of 2022, the company has a headcount of 222 employees worldwide.
Agfa-Gevaert NV (Belgium)
Agfa-Gevaert Group manufactures and markets analog and digital systems for the printing industry, healthcare sector, and specific industrial applications. Agfa-Gevaert Group has four business segments – Radiology Solutions, HealthCare IT, Digital Print & Chemicals, and Offset Solutions. The company operates in the X-ray detectors market through the Radiology solutions segment. The company has installed over 10,000 Direct Radiography (DR) systems worldwide.
Through its R&D center, services, and customer care centers, the company has a geographical presence in the U.S., Canada, Belgium, Italy, Netherlands, the U.K., Denmark, Finland, Norway, Poland, Spain, Sweden, Austria, Germany, Australia, China, Singapore, Middle East & Africa, and Latin America.
Konica Minolta, Inc. (Japan)
Konica Minolta, Inc. offers multifunctional peripherals (MFPs), printers, and equipment for producing print systems and graphic arts, healthcare systems, measuring instruments for industrial and healthcare applications, inkjet print heads and textile printers for industrial use, and associated consumables and services. The company operates through four segments – Digital Workplace Business, Professional Print Business, Healthcare Business, and Industry Business. It operates in the X-ray detectors market through the healthcare business segment by providing X-ray detectors and digital radiography (DR).
Konica Minolta provides multifunctional peripheral services and solutions, digital printing systems and related consumables, diagnostic imaging systems, films for LCD, X-ray image processing systems, measuring instruments, and other products. The company has a geographical presence across Japan, the U.S., Europe, China, and other countries/regions through a strong distribution network. As of 2021, the company had 166 consolidated subsidiaries. The company’s major subsidiaries are Konica Minolta Healthcare Americas, Inc. (U.S.), Konica Minolta Photo Imaging USA, Inc. (U.S.), and Konica Minolta Healthcare India Pvt Ltd.
Vieworks Co.,Ltd (South Korea)
Vieworks Co., Ltd. is engaged in developing advanced digital medical imaging processing and digital X-ray imaging systems. The company develops imaging technologies for different areas and offers solutions suitable for X-ray detectors, industrial cameras, and in-vivo imaging systems. Vieworks offers its products through three business segments – X-ray imaging, machine vision, and bio imaging. The company offers its X-ray detectors through the X-ray imaging business and the VIVIX brand, which has received FDA and CE certifications.
The company has a geographical presence through its subsidiaries across South Korea, the U.S., Germany, and China and through distributors across North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. In 2020, the company won the Korea Invention Promotion Association Award at KINPEX 2020 (Korea Invention Patent Exhibition) for its detector handles for NDT and security applications.
FUJIFILM Holdings Corporation (Japan)
FUJIFILM Holdings Corporation is a multinational photography and imaging company. The company operates through Healthcare, Materials, Business Innovation, and Imaging business segments. It offers business document solutions, medical imaging and diagnostics equipment, cosmetics, optical films for flat panel displays, optical devices, photocopiers and printers, digital cameras, color film, color paper, photofinishing equipment, photofinishing chemicals, and graphic arts equipment & materials.
The company provides digital X-ray imaging and diagnostic systems, digital mammography systems, medical-use picture archiving and communication systems, dry imaging films/dry imagers, X-ray films, and digital endoscopes through its healthcare segment. The company has a geographical presence across North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa, and 310 consolidated subsidiaries globally.
Other prominent players operating in the X-ray detectors market are CareRay Medical Systems Co. (China), Analogic Corporation (U.S.), Trixell (France), and Hamamatsu Photonics K.K. (Japan).
Authoritative Research on the X-Ray Detectors Market 2022- 2029
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