Market Overview:
The global digital CZT-based detectors market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for digital CZT-based detectors in hospitals and clinics across the globe. Additionally, factors such as technological advancements and rising awareness about early cancer detection are also contributing to the growth of this market. However, high installation and maintenance costs may restrain the growth of this market in some regions during the forecast period. On basis of type, direct-conversion type is expected to hold a larger share of the global digital CZT-based detectors market during 2018–2030 owing to its advantages over other types such as photoconductive type and hybrid type.
Product Definition:
A digital CZT-based detector is a radiation detector that uses a cadmium zinc telluride (CZT) semiconductor to detect ionizing radiation. Digital CZT-based detectors are used in medical imaging, homeland security, and other applications.
Direct-conversion Type:
The direct-conversion type is a fully integrated optical design, which directly converts the incident light into electrical energy. The major advantage of this device over the semiconductor diode is that it does not require an additional current to operate. It has been used in many applications such as infrared cameras, traffic surveillance systems and night vision systems.
It's main disadvantage includes low efficiency.
Photoconductive Type:
The photoconductive type is a new term in the field of optoelectronics and information technology. Photoconductive types are used to build an electric circuit that allows electricity to flow when light falls on it. In other words, they are a class of materials which can store electrical energy when exposed to light and then give it back when no longer exposed. The most common example would be a photovoltaic cell, which uses solar power for its operation i.e.
Application Insights:
Based on the application, the global digital ctz-based detectors market is segmented into hospitals, clinics and other healthcare facilities, home care settings, and others. The hospitals segment dominated the overall market in terms of revenue in 2017. This can be attributed to a large number of factors such as increasing geriatric population across the globe; rise in cases of chronic diseases such as cancer; and growing investments by governments for developing healthcare infrastructure at an international level. As per WHO estimates for 2016, there were 1.7 billion people aged 60 years or above globally which represented 23% of the total population while 2 billion (or 24%) people aged 65 years or above were present in 2015 worldwide. These factors are expected to drive demand over forecast period thereby driving industry growth over next eight years for this application segment (2017 - 2030).
Regional Analysis:
Asia Pacific is expected to be the fastest-growing region over the forecast period owing to increasing demand for healthcare facilities in emerging economies, such as India and China. The rising number of manufacturing facilities and hospitals in these countries is anticipated to boost product demand. In addition, growing medical tourism due to better healthcare services offered by hospitals compared with developed nations will drive market growth further.
North America accounted for a significant share of global revenue owing to high investments made by research institutes toward developing new technologies pertaining their applications in various industries including energy & power, electronics & telecommunication, etc. Moreover, presence of key industry players such as Maxim Integrated Products Inc.; Texas Instruments Inc.; and National Semiconductor Corporation; among others will augment regional growth over the next eight years or so.
Europe was estimated at USD X million in 2016.
Growth Factors:
- Increasing demand for radiation therapy in cancer treatment
- Rising incidence of cancer and other diseases requiring radiation therapy
- Growing popularity of proton therapy as an alternative to traditional radiation therapy
- Technological advancements in digital CZT-based detectors that improve accuracy and precision of radiation dose delivery
- Increasing number of clinical applications for digital CZT-based detectors
Scope Of The Report
Report Attributes
Report Details
Report Title
Digital CZT-Based Detectors Market Research Report
By Type
Direct-conversion Type, Photoconductive Type
By Application
Hospoitals, Clinics
By Companies
Siemens Healthcare, GE Healthcare, Spectrum Dynamics
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
242
Number of Tables & Figures
170
Customization Available
Yes, the report can be customized as per your need.
Global Digital CZT-Based Detectors Market Report Segments:
The global Digital CZT-Based Detectors market is segmented on the basis of:
Types
Direct-conversion Type, Photoconductive Type
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospoitals, Clinics
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Siemens Healthcare
- GE Healthcare
- Spectrum Dynamics
Highlights of The Digital CZT-Based Detectors Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Direct-conversion Type
- Photoconductive Type
- By Application:
- Hospoitals
- Clinics
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Digital CZT-Based Detectors Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Digital CZT-based detectors are a type of detector that uses semiconductor quantum dots to detect radiation. These detectors are often used in medical applications because they have a high sensitivity and can be easily integrated into devices.
Some of the major players in the digital czt-based detectors market are Siemens Healthcare, GE Healthcare, Spectrum Dynamics.
The digital czt-based detectors market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Digital CZT-Based Detectors Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Digital CZT-Based Detectors Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Digital CZT-Based Detectors Market - Supply Chain
4.5. Global Digital CZT-Based Detectors Market Forecast
4.5.1. Digital CZT-Based Detectors Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Digital CZT-Based Detectors Market Size (000 Units) and Y-o-Y Growth
4.5.3. Digital CZT-Based Detectors Market Absolute $ Opportunity
5. Global Digital CZT-Based Detectors Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Digital CZT-Based Detectors Market Size and Volume Forecast by Type
5.3.1. Direct-conversion Type
5.3.2. Photoconductive Type
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Digital CZT-Based Detectors Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Digital CZT-Based Detectors Market Size and Volume Forecast by Application
6.3.1. Hospoitals
6.3.2. Clinics
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Digital CZT-Based Detectors Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Digital CZT-Based Detectors Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Digital CZT-Based Detectors Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Digital CZT-Based Detectors Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Digital CZT-Based Detectors Demand Share Forecast, 2019-2026
9. North America Digital CZT-Based Detectors Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Digital CZT-Based Detectors Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Digital CZT-Based Detectors Market Size and Volume Forecast by Application
9.4.1. Hospoitals
9.4.2. Clinics
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Digital CZT-Based Detectors Market Size and Volume Forecast by Type
9.7.1. Direct-conversion Type
9.7.2. Photoconductive Type
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Digital CZT-Based Detectors Demand Share Forecast, 2019-2026
10. Latin America Digital CZT-Based Detectors Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Digital CZT-Based Detectors Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Digital CZT-Based Detectors Market Size and Volume Forecast by Application
10.4.1. Hospoitals
10.4.2. Clinics
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Digital CZT-Based Detectors Market Size and Volume Forecast by Type
10.7.1. Direct-conversion Type
10.7.2. Photoconductive Type
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Digital CZT-Based Detectors Demand Share Forecast, 2019-2026
11. Europe Digital CZT-Based Detectors Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Digital CZT-Based Detectors Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Digital CZT-Based Detectors Market Size and Volume Forecast by Application
11.4.1. Hospoitals
11.4.2. Clinics
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Digital CZT-Based Detectors Market Size and Volume Forecast by Type
11.7.1. Direct-conversion Type
11.7.2. Photoconductive Type
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Digital CZT-Based Detectors Demand Share, 2019-2026
12. Asia Pacific Digital CZT-Based Detectors Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Digital CZT-Based Detectors Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Digital CZT-Based Detectors Market Size and Volume Forecast by Application
12.4.1. Hospoitals
12.4.2. Clinics
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Digital CZT-Based Detectors Market Size and Volume Forecast by Type
12.7.1. Direct-conversion Type
12.7.2. Photoconductive Type
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Digital CZT-Based Detectors Demand Share, 2019-2026
13. Middle East & Africa Digital CZT-Based Detectors Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Digital CZT-Based Detectors Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Digital CZT-Based Detectors Market Size and Volume Forecast by Application
13.4.1. Hospoitals
13.4.2. Clinics
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Digital CZT-Based Detectors Market Size and Volume Forecast by Type
13.7.1. Direct-conversion Type
13.7.2. Photoconductive Type
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Digital CZT-Based Detectors Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Digital CZT-Based Detectors Market: Market Share Analysis
14.2. Digital CZT-Based Detectors Distributors and Customers
14.3. Digital CZT-Based Detectors Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Siemens Healthcare
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. GE Healthcare
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Spectrum Dynamics
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. COMPANY4
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. COMPANY5
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. COMPANY6
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. COMPANY7
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
