Market Research Report
Japan X-ray Detector Market Forecast 2021-2026
|Japan X-ray Detector Market Forecast 2021-2026|
Published: September 6, 2021
Content info: 130 Pages
Delivery time: 2-3 business days
The Japan X-ray detector market is anticipated to project a CAGR of 7.76% across the forecasting period. The market growth of the country is associated with factors such as the rising adoption of advanced medical devices, significant advancements in the research and development of X-ray detector technology, and the surging medical expenditure. The base year considered for the studied market is 2020 and the forecast years are from 2021 to 2026.
Japan's government is actively involved in initiating new healthcare measures developed to minimize expenditure, in addition to improving the standard of care through the revision of policies and the introduction of new programs. These include Japan Health Care Vision and Integrated Community Care System, among others. The country's government also supports its energy firms to augment research and development projects globally. This is mainly ascribed to weak domestic production in Japan for securing a stable supply of natural gas and oil. Moreover, the nation's inspection market is highly competitive and experiences steady growth on account of the regulations.
Conversely, devices that are suitable for disaster relief, such as portable X-ray equipment, harbor significant opportunities for European organizations. For instance, in 2020, G-ray Switzerland exported its first X-ray detector to Japan. They can be effectively utilized to perform high-precision quality controls on components for the aerospace and automotive industries, as well. Therefore, these factors are set to propel the Japan X-ray detector market growth over the estimated years.
Some of the top firms operating in the market are Koninklijke Philips NV (Philips), Canon Inc, Hamamatsu Photonics KK, Fujifilm Medical System, etc.