Digital and computed radiography: Cost efficiency is key for sustained adoption in Europe

While digital radiology sales will increase, the mature computed radiography segment will dwindle further, finds Frost & Sullivan

Large patient volumes and a shrinking pool of skilled resources in the European healthcare industry are creating the need for efficient workflow solutions.

Hence, hospitals will increasingly invest in digital radiography (DR) as the revival of the regional economy picks up pace.

While the saturated computed radiography (CR) segment is declining in terms of both unit shipment and revenue, the technology will not go obsolete and will remain active in diagnostic centres and small hospitals.

With flat detector panels available at half the price they were five years ago, the technology required to build DR detectors, in particular, will become affordable

New analysis from Frost & Sullivan, entitled Analysis of the European Digital and Computed Radiography Markets, finds that the DR segment earned revenues of $131.0m in 2014 and estimates this to reach $202.7m in 2019. CR revenues will fall to $86.7m in 2019 from $117.4m in 2014.

Healthcare providers in Europe are expected to tighten spending towards DR and CR for the next two years. As a result, replacement demand alone will sustain the market in the short term.

“Solution providers must place emphasis on cost-effective innovation in order to stay afloat,” said Frost & Sullivan Healthcare Consultant Poornima Srinivasan.

“With flat detector panels available at half the price they were five years ago, the technology required to build DR detectors, in particular, will become affordable.”

DR offered as a packaged solution along with radiology information systems and picture archiving and communications systems will garner interest. As a result, manufacturers with a diverse product portfolio have a better chance of expanding their installed base in Europe.

“Moreover, fixed and mobile DR systems are gaining acceptance over retrofit additions, widening device applicability and market scope,” said Srinivasan.

Fixed and mobile DR systems are gaining acceptance over retrofit additions, widening device applicability and market scope

“Interoperable point-of-care DR technologies such as portable and wireless systems, especially, are making rapid headway into the region’s healthcare sector.”

Developing long-term relationships with distributors, hospitals and stand-alone imaging centres will help solution providers tap into this potential and broaden their footprint in the European DR and CR market.

Click here to read the analysis in full.

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