News | May 15, 2013

Frost & Sullivan says the increasing popularity of retrofit systems fuels market growth

The need to improve the efficiency and quality of X-ray examinations will drive healthcare facilities across Europe to install computed radiography (CR) and digital radiography (DR) systems. The emergence of retrofit systems based on flat panel technology has popularized DR systems, and will sustain investments in the European computed and digital radiography market.

New analysis from Frost & Sullivan, Western and Eastern European Markets for Computed and Digital Radiography, finds that the market earned revenues of more than $388.8 million in 2011 and estimates this to reach $473.9 million in 2016.

The implementation of picture archiving and communications systems (PACS) will contribute to the growth of the CR and DR market in Europe, as healthcare facilities look to fully benefit from the benefits of both PACS and digital X-ray solutions.

"CR and DR technologies' advantages over analogue X-rays, which include increased patient throughput as well as shorter examination and result analysis times, have also encouraged their adoption," said Frost & Sullivan Healthcare Industry Analyst Dominika Grzywinska. "The shortage of radiologists further drives uptake, as digital systems enable a radiologist to cater to nearly three times the number of patients served using analogue X-rays."

Retrofit systems, which facilitate the upgrade of existing X-ray systems without replacing the installed base, are growing popular especially in Western Europe. In fact, many end users prefer retrofit solutions offering high throughput and image quality at reasonable costs, rather than new DR systems that require added investments.

While these retrofit systems have made digitization more cost-effective and prices of both CR and DR systems continue to decline, affordability remains an issue owing to the challenging economic situation in Europe.

"Customers are placing greater emphasis on return-on-investments, looking for solutions tailored to their needs at an affordable price," concluded Grzywinska. "Therefore, vendors need to deliver mid-range and low-end solutions that appeal to a wider range of customers and to smaller end users in particular."

In Italy, large public healthcare facilities are mostly interested in full-room DR solutions, rather than retrofit systems. The later ones are being purchased mostly by private facilities, which prefer to purchase a less expensive X-ray system and invest in other modalities, than to purchase a very expensive, high-end DR system.

For more information: www.medtech.frost.com


Related Content

News | X-Ray

May 01, 2025 — Researchers from the Rajpurkar Lab in the Department of Biomedical Informatics at Harvard Medical School ...

Time May 01, 2025
arrow
News | X-Ray

March 18, 2025 — GE HealthCare recently announced a collaboration with NVIDIA expanding the existing relationship ...

Time March 19, 2025
arrow
News | Radiology Imaging

Dec. 4, 2024 – Konica Minolta Healthcare Americas and Gleamer have announced a strategic partnership to help ...

Time December 06, 2024
arrow
News | Radiology Imaging

Nov. 13, 2024 — Agfa Radiology Solutions will feature live demonstrations of state-of-the-art digital X-ray rooms ...

Time November 14, 2024
arrow
News | Digital Radiography (DR)

July 18, 2024 — At the Annual Meeting of AHRA (the Association for Medical Imaging Management), Agfa Radiology Solutions ...

Time July 18, 2024
arrow
News | Interventional Radiology

June 21, 2024 — GE HealthCare, a leading global medical technology, pharmaceutical diagnostics, and digital solutions ...

Time June 21, 2024
arrow
News | Artificial Intelligence

June 18, 2024 — The advancement of Artificial Intelligence (AI) in healthcare to support diagnostic decision making ...

Time June 18, 2024
arrow
News | Digital Radiography (DR)

June 12, 2024 — Carestream launched its Image Suite MR 10 Software to help deliver a boost to productivity and ...

Time June 12, 2024
arrow
News | Artificial Intelligence

June 6, 2024 — Sunway Medical Centre, Sunway City (SMC), the largest private quaternary hospital in Malaysia, embarks on ...

Time June 06, 2024
arrow
News | Digital Radiography (DR)

June 6, 2024 — In a landmark study, the latest in technology innovation by Konica Minolta Healthcare was used to develop ...

Time June 06, 2024
arrow
Subscribe Now