Flat Panel Detector Based X-Ray for Cone Beam CT Market

Global Flat Panel Detector based X-Ray for Cone Beam CT Industry Outlook(2022-2032)

The global flat panel detector based X-Ray for cone beam CT (FPD-based X-Ray for CBCT) market is forecast to reach US$ 3.2 Bn in 2022, expected to surge at over 7% CAGR to reach US$ 6.3 Bn by the end of the 2022-2032 assessment period.

Report Attributes	Values
Expected Market Value in 2022	US$ 3.2 Bn
Projected Market Value in 2032	US$ 6.3 Bn
Global Growth Rate (2022-2032)	7% CAGR
Market Share of North America	33%
Value CAGR for the Asia-Pacific Market	9.5%
Key Companies Profiled	Danaher Corporation VATECH medPhoton GmbH PreXion Inc. i-CAT Dentsply Sirona Ray Co. Ltd. Carestream Health Inc. Asahi Roentgen Ind. Co. Ltd. Owandy Radiology Teledyne DALSA Varex Imaging Corporation Planmeca Oy

Bulk of FPD-based X-Ray for CBCT applications will abound in the orthopedic segment, accumulating a revenue share worth 52% in 2022. Also, sitting X-Ray devices are expected to expand the fastest, registering a CAGR of 7% through 2032.

2015-2021 Revenue Analysis of FPD-based X-Ray for CBCT vs. Market Outlook 2022-2032

According to Fact.MR- market research and competitive intelligence provider- demand for flat panel detector based X-Ray for cone beam CT experienced a significant increase, registering a CAGR of around 6% from 2015 to 2021. Growth was principally attributed to the increasing quest for discovering advanced and precision based imaging techniques to improve diagnostic outcomes.

Prospects for FPD-based X-ray imaging acquired further importance during the COVID-19 pandemic, as healthcare stakeholders endeavored to provide timely and accurate diagnosis and treatment to severely infected patients. Chest X-rays proved to be faster in arriving at an infection result, compared to traditional RT-PCR based testing, leading to increased uptake.

Future growth prospects for the market are reliant on the ever growing importance of technological advancements, especially with respect to imaging technologies. The integration of artificial intelligence, three-dimensional imaging and other advancements will prove highly beneficial in propelling market growth forward. From 2022 to 2032, the industry is forecast to surge at a CAGR of over 7%.

Key Drivers Influencing Market Demand for FPD-based X-Ray for CBCT

Increasing Prevalence of Musculoskeletal Disorders Encouraging Adoption

According to the World Health Organization, approximately 1.71 billion people suffer from some or the other musculoskeletal conditions worldwide. While the prevalence of musculoskeletal conditions varies by age and diagnosis, people of all ages everywhere around the world are affected.

High-Income countries are the most affected in terms of number of people - 441 million, followed by countries in the WHO Western Pacific Region with 427 million and South-East Asia Region with 369 million. Given this high prevalence rate, governments are therefore investing in improving access to healthcare infrastructure and lessen this burden.

Consequently, healthcare providers are increasing deployment of FPD-based X-Rays for CBCT. FPD X-rays have proven highly effective in accurately ascertaining skeletal anomalies, given their highly precise pinpointing of pain points. This permits surgeons to prescribe the most convenient and patient friendly treatment. The technique is also being deployed for cleft palate assessment, determining tooth position & localization and 3D cephalometry among others.

Recent Developments in Radiological Imaging Paving Way for FPD-based X-Rays

As the global healthcare industry takes a turn for the better, practitioners are increasingly incorporating technological advancements, with the objective of streamlining diagnostics. The most prominent advancement in this regard is the integration of artificial intelligence and 3-dimensional imaging capabilities.

Artificial intelligence (AI) algorithms, particularly deep learning, have demonstrated remarkable progress in image-recognition tasks. Methods ranging from convolutional neural networks to variational autoencoders have found myriad applications in the medical image analysis field, propelling it forward at a rapid pace. For instance, AI-based imaging has made it possible to detect cases of brain haemorrhage and bring cases to the top of a radiologist’s work list.

Other objectives of AI-based X-ray imaging is to shorten examination times, reduce the number of retakes while also improving image quality and make difficult-to-identify features easier to spot. Given these trends, the scope for FPD-based X-Ray for CBT is bound to increase immensely in the long-run.

Region-wise Analysis

What are the Growth Prospects for FPD-based X-Ray for CBCT in North America?

Rapid Advancements in Digital X-Ray Technology Spurring Market Growth

The market for FPD-based X-ray CBCT in North America is expected to accumulate a revenue share exceeding 1/3rd in 2022. Growth is majorly attributed to advancements in digital X-ray technologies in the healthcare domain in the past few years. Developments such as AI and ML integration have proven pivotal in determining this positive growth curve.

Incorporating technological advancements has led to major improvement in diagnostic outcomes. In 2019, GE Healthcare received U.S. Food and Drug Administration (FDA) approval for its AI auto detection algorithm for pneumothorax on its mobile DR systems. This helps alert technologists to an immediate issue that should be sent for a stat read and to notify the attending physician. 

On similar lines, at the RSNA 2019, Fujifilm demonstrated 3 work-in-progress AI technologies, with the first one capable of automatically detecting pneumothorax, nodules or consolidations in lungs. Once detected, it generates a heat map overlay, exposing areas a physician should address immediately.

How Opportunistic is the Market for FPD-based X-ray for CBCT in the Asia-Pacific?

Increasing Medical Tourism for Various Chronic Ailments Widening Prospects

Over the past decade, Asia-Pacific has emerged as a highly lucrative medical tourism hub, given the highly inexpensive nature of medical care compared to other developed regions. Countries such as China, India and South Korea are the most sought after destinations for medical tourism.  

Out of all countries, India appears to be the most lucrative destination, given the presence of cutting-edge technology, world renowned surgeons and cost-effective treatments. The country ranked 10th out of the top 46 countries in the world in the Medical Tourism Index 2020-21. Given these trends, the scope for FPD detector based X-rays for CBT only serves to broaden in the Asia-Pacific.

Furthermore, various manufacturers from countries such as Japan, South Korea, China and Australia are making significant headways into the market. As per Fact.MR’s analysis, the FPD detector based X-Ray for CBCT in the Asia-Pacific is expected to surge at a CAGR of 9.5% across the 2022-2032 forecast period.

Category-wise Insights

Why are FPD Detector based X-Rays Popular for Orthopedic Applications?

Accurate Determination of Skeletal Anatomy for Proper Treatment Spurring Adoption

Based on application, FPD detector based X-ray for cone beam CT are expected to find maximum usage in the orthopedics segment. According to Fact.MR, it is likely to accumulate a revenue share of 52% in 2022. This dominance is likely to persist throughout the assessment period.

Cone beam CT has proven highly accurate for determining craniofacial skeletal anomalies, permitting more effective diagnosis and treatment. The technique is also being deployed for cleft palate assessment, determining tooth position & localization and 3D cephalometry among others.

Will Sitting Flat Panel Detector based X-Rays Surge in Popularity?

Reduced Mobility and Consequent Stability during Dental Procedures Encouraging Uptake

According to Fact.MR, sitting FPD detector based X-rays are expected to register a CAGR of over 7% from 2022 to 2032. Sitting X-rays are generally preferred by pediatric dentists to capture images with reduced movement, ensuring better stability.

These X-rays are primarily deployed to assess the jawbone for the most effective placement of implants, along with the best fitting angle, as well as planning of a surgical procedure. Furthermore, sitting based X-rays provide faster results.

Competitive Landscape

Prominent flat panel detector based X-ray for cone beam CT manufacturers are emphasizing on introducing robust equipment, tapping into the highly dynamic requirements of the medical industry. Besides, players are investing in forging collaborations or partnerships to enhance their outreach. Some prominent developments are as follows:

• In May 2021, Vatech announced that its oral x-ray device for dental diagnosis with CNT technology was selected as one of the World Class Products of Korea. The newly-selected oral x-ray device- EzRay Air P- is a portable digital x-ray that enables convenient photography in various dental care facilities.
• In July 2021, Varex Imaging Corporation announced the addition of the LUMEN 4336W digital radiography detector to its existing product line. The device joins the LUMEN 4343W as part of a new generation of detectors designed for increased durability and convenience for customers and end-users, and is equipped with a wireless charging option

Key Segments Covered in the Market Study

• By Application

  • Flat Panel Detector based X-Ray for Cone Beam CT for Dental Applications
    • Implantology
    • Orthodontics
    • Oral Surgery
    • Endodontics
    • Periodontology
    • Other Dental Applications
  • Flat Panel Detector based X-Ray for Cone Beam CT for ENT
  • Flat Panel Detector based X-Ray for Cone Beam CT for Orthopedics
  • Flat Panel Detector based X-Ray for Cone Beam CT for Other Applications

• By Product

  • Sitting Flat Panel Detector based X-Ray for Cone Beam CT
  • Standing Flat Panel Detector based X-Ray for Cone Beam CT
  • Lying Flat Panel Detector based X-Ray for Cone Beam CT

• By End User

  • Flat Panel Detector based X-Ray for Cone Beam CT for Hospitals
  • Flat Panel Detector based X-Ray for Cone Beam CT for Diagnostic Centers
  • Flat Panel Detector based X-Ray for Cone Beam CT for Clinics
  • Flat Panel Detector based X-Ray for Cone Beam CT for Other End Users