Global X-Ray Detectors market size 2024, Forecast To 2033

The x-ray detectors market has exhibited robust growth, increasing from $4.73 billion in 2023 to $5.14 billion in 2024, with a compound annual growth rate (CAGR) of 8.6%. The substantial growth in the historic period is attributed to factors such as increased healthcare spending, an aging population, regulatory compliance, a demand for digital imaging, and emerging markets. Looking ahead, the market is expected to experience strong growth, reaching $7.44 billion in 2028 at a CAGR of 9.7%. The anticipated growth in the forecast period can be attributed to the rise in chronic diseases, increasing investments in research and development, rising awareness about early disease diagnosis, an increase in healthcare spending, and a rise in disposable income. Major trends expected in the forecast period include AI integration, portable and wireless solutions, 3D and multimodal imaging, thinner and flexible detectors, and customization and personalization.