Feature | September 25, 2012

U.S. X-Ray System Market to Reach Value of $2.8 Billion by 2016

Particularly strong growth in digital systems, according to Millennium Research Group

September 25, 2012 — According to Millennium Research Group (MRG), the global authority on medical technology market intelligence, the saturated U.S. X-ray market will grow slowly to reach a value of $2.8 billion by 2016. Significant growth will be seen in digital replacement systems in all segments of the market.

The continued trend toward minimally invasive surgical procedures will lead to increased demand for both diagnostic and interventional X-ray (angiography) systems, affecting every segment of the X-ray market through 2016. This will lead to particularly high growth in the hybrid operating room (OR) segment.

Hybrid ORs are multiprocedural rooms that function as both a regular OR as well as an interventional suite, consolidating services and procedures. Demand for these systems will be driven by the increasing prevalence of transcatheter aortic valve replacement (TAVR) procedures, as well as by a desire to increase the efficiency of existing procedures. The combination of high demand with small installed base will lead to significant growth. The number of system sales will increase at nearly 20 percent per year through 2016. The X-ray systems purchased for hybrid ORs also tend to be more capable and expensive, being equipped with larger detectors, 3-D imaging, dose management packages and large displays.

Digital systems will continue to replace analog systems in all segments of the market. The higher resolution of digital images allows for either smaller radiation doses or improved object detection, depending on diagnostic needs. Digital imaging also allows for improved workflow and throughput, and enables facilities to be compliant with the requirements of electronic medical records (EMR). Digital systems are higher priced than their analog predecessors, but also substantially more capable. The current installed base of analog and computed radiography (CR) systems will be replaced by a significantly smaller number of digital systems, shrinking overall revenues.

“Digitization will drive high growth in mobile radiography,” said MRG Analyst Felix Lam. “These portable units are used for patients who cannot be moved to the radiography room. Digital systems are more maneuverable while offering higher power, allowing them to obtain higher quality images and diagnose larger patients. The mobile radiography system market will grow at an average rate of over 10 percent per year through 2016, even as sales of analog systems decline.”

Millennium Research Group’s U.S. Markets for X-Ray Systems 2012 report includes unit, average selling price and revenue information, along with market drivers and limiters and competitive landscape for cardiovascular, general radiography, mobile, surgical and fluoroscopy X-ray systems sold in the United States.

For more information: www.mrg.net

Related Content

Toshiba Highlights Interventional Imaging at RSNA 2017
News | Interventional Radiology | September 27, 2017
Toshiba Medical announced it will highlight several of its latest vascular and interventional imaging solutions at the...
Mississippi Surgical and Vascular Center Uses Toshiba Ultimax-I FPD to Save Patients' Limbs
News | Angiography | September 14, 2017
The southern U.S. sees some of the highest numbers of chronic medical conditions, such as peripheral artery disease...
Philips Showcases Integrated Vascular Solutions at VIVA 2017
News | Cardiac Imaging | September 13, 2017
Philips announced its presence at the Vascular Interventional Advances (VIVA 17) Annual Conference in Las Vegas from...
Siemens Healthineers Receives FDA Clearance for TrueFusion Structural Heart Disease Feature
Technology | Ultrasound Imaging | September 06, 2017
The U.S. Food and Drug Administration (FDA) has cleared TrueFusion, a new cardiovascular application from Siemens...
Philips to Develop FFR-CT in Partnership With HeartFlow
News | CT Angiography (CTA) | August 28, 2017
August 28, 2017 — Philips Healthcare and HeartFlow Inc.
Houston Methodist Hospital Enters Multi-Year Technology and Research Agreement With Siemens Healthineers
News | Imaging | August 17, 2017
Houston Methodist Hospital and Siemens Healthineers have entered into a multi-year agreement to bring cutting-edge...
Siemens Healthineers Announces First U.S. Install of Artis Pheno Angiography System
News | Angiography | July 05, 2017
July 5, 2017 — Michigan Medicine recently became the first healthcare institution in the United States to install the
RaySafe Introduces Pro-Slit Camera for Accurate Focal Spot Measurement
Technology | Digital Radiography (DR) | June 27, 2017
Unfors RaySafe recently introduced the RaySafe Pro-Slit Phantom and the RaySafe Pro-Stand.
New Hampshire Hospital Expands Vascular Care with Toshiba Medical's Infinix-i Sky +
News | Angiography | April 27, 2017
Wentworth-Douglass Hospital in Dover, N.H., installed Toshiba Medical’s Infinix-i Sky + angiography system in its...
Louisiana Medical Center Installs First U.S. Toshiba Medical Infinix-i Sky +
News | Angiography | April 18, 2017
Patients at Terrebonne General Medical Center (TGMC) in Houma, La., now have access to safe, high-quality...
Overlay Init