GITNUX MARKETDATA REPORT 2024

Flat Panel Detector Industry Statistics

The flat panel detector industry is projected to witness steady growth over the next few years due to increasing demand in medical imaging applications.

Last Updated: June 23, 2024

Written & Summarized by: Jannik Lindner

How we write

In this post, we will explore key statistics and insights related to the flat panel detector industry. From market shares and revenue estimations to technological advancements and projected growth trends, these statistics offer a comprehensive overview of the market landscape.

Statistic 1

"North America held the largest market share of 35% in 2020."

Statistic 2

"Up to 45% of flat panel detectors employ amorphous silicon technology."

Statistic 3

"The flat panel detector market in Europe was valued at USD 600 million in 2020."

Statistic 4

"The DR (Direct Radiography) applications hold a market share of over 60% in the flat panel detector industry."

Statistic 5

"Flat panel detectors used in fluoroscopy accounted for USD 800 million in revenue."

Statistic 6

"The global market for flat panel detectors is projected to exceed USD 4 billion by 2028."

Statistic 7

"The flat panel detector components market was valued at USD 1.1 billion in 2020."

Statistic 8

"The global flat panel detector market was valued at USD 2.78 billion in 2020."

Statistic 9

"Ultrafast detectors in the market are expected to grow at a CAGR of 6.8% till 2028."

Statistic 10

"The veterinary application segment had a valuation of USD 150 million in 2020."

Statistic 11

"The dental application segment is expected to grow at a CAGR of 5.9% through 2028."

Statistic 12

"Flat panel detector technology improvement initiatives get about USD 100 million in annual R&D funding globally."

Statistic 13

"GE Healthcare is one of the leading companies in the flat panel detector market."

Statistic 14

"The digital X-ray segment accounted for over 72% of the total market revenue in 2020."

Statistic 15

"The market for portable flat panel detectors is expected to witness a CAGR of 7.2% over the forecast period."

Statistic 16

"Flat panel detectors used in mammography accounted for more than 15% of the market share in 2020."

Statistic 17

"In Asia-Pacific, the market is forecasted to grow at the highest CAGR during 2021-2028."

Statistic 18

"Revenue from the hospital segment constituted more than 40% of the total market in 2020."

Statistic 19

"The market is expected to grow at a CAGR of 6.4% from 2021 to 2028."

Statistic 20

"The leading five players in the flat panel detector market accounted for more than 50% market share in 2020."

The flat panel detector industry is experiencing significant growth and evolution, as evidenced by various key statistics. North America currently leads the market with a 35% share, while Europe’s market was valued at USD 600 million in 2020. Direct Radiography applications dominate with over 60% market share, and digital X-ray segments contributed over 72% of total revenue in 2020. The market is projected to exceed USD 4 billion by 2028, with strong growth expected in Asia-Pacific. This industry is also supported by substantial R&D funding and key players like GE Healthcare, indicating a promising future with continued innovation and expansion.

Jannik Lindner

Jannik is the Co-Founder of Gitnux and has been working in the digital space since 2016. He is specialized in content and tech.

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