Global DR Detectors Market to Reach USD 2.7 Billion by 2026

The global digital radiography (DR) detectors market is projected to grow at a CAGR of 6.1% during 2018-2026 to reach a valuation of USD 2.71 billion by 2026, as an increase in the number of radiography tests performed each year, along with the introduction of new and advanced imaging equipment by key market players, drive the demand for DR detectors.

These are the latest findings of Future Market Insights (Valley Cottage, NY, USA), a market intelligence and consulting firm. DR detectors are also expected to witness high traction over the coming years due to their benefits over computed radiography (CR), charged couple detectors (CCD), and analog detectors (film-based). New products, which can be used to upgrade current analog and CR detector systems to DR systems, particularly in small hospitals and imaging centers, are expected to accelerate the growth of DR detectors market during the forecast period.

The benefits of using indirect conversion technique of the DR technology which involves the use of amorphous silicon (a-Si) photodiodes and cesium iodide (CsI) scintillators for X-ray detection is expected to boost the adoption of DR detectors. Some of the benefits of Si X-ray detectors used mainly in dental CBCT and orthopedic imaging are lower patient radiation dose, reduced exam time, lower noise, and increased efficiency. Advanced applications in mammography imaging and breast CT have encouraged key market players to expand their product offerings, with designs and technologies specific to the aforementioned imaging.

However, the high cost of C-arms in comparison to traditional X-ray systems could hamper the adoption of fluoroscopy imaging systems, particularly in low and middle-income countries having a lower healthcare expenditure. Moreover, new technologies with improved benefits such as improved spatial image resolutions, better image quality on account of lower pixel imaging, and increased cost-benefit ratios are expected to restrain the growth of DR detectors market.

Geographically, North America and Europe are expected to continue dominating the global DR detectors markets, driven by the growing demand for X-ray detectors and the strong geographical presence of major manufacturers in these regions. Additionally, manufacturers of DR detectors are focusing on launching products in the emerging countries due to unmet demand and significant dependence on analog detectors in these regions.

The global DR detectors market is highly consolidated with the key players expected to focus on strategic acquisitions and collaboration, cost-effective product development, and increasing investments in product innovations and NPD. A number of market players are also investing in R&D and the introduction of new products based on proprietary technologies, with a focus on product differentiation. Moreover, the shifting preference toward direct digital radiography (DDR) and a-Si detectors will create new market opportunities for emerging players who are developing innovative product offerings. Also, providing cloud storage services for medical imaging and information management without scrapping the existing Picture Archiving and Communication (PACS) will create an opportunity for imaging equipment manufacturers to improve their revenue stream.

Related Links:
Future Market Insights