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Global X-ray market to hit $12B in 2017

Posted: 26 Aug 2013 ?? ?Print Version ?Bookmark and Share

Keywords:X-ray? medical devices? radiography? fluoroscopy? mammography?

According to the most recent forecast from IMS Research, the global market for X-ray equipment used for medical, dental, veterinary applications and other purposes grew more than $10 billion in 2012, and is seen to rise by 18 per cent to reach $12 billion in 2017. The growth will result from the continued digitalisation of X-ray systems and increasing healthcare investment in emerging regions, added the market research firm.

The global X-ray market includes the following product categories: general radiography, fluoroscopy, mammography, interventional, mobile c-arm, veterinary and dental.

"General radiography is undergoing a major transition away from film and towards digital flat-panel detector (FPD) technology, with more affordable solutions such as retrofit kits driving this migration in many cash-strapped regions," said Sarah Jones, analyst for medical electronics at IMS. "Shipments of FPD and retrofit FPD systems accounted for an estimated 15 per cent of annual general radiography shipments in 2012. That total is expected to rise to 25 per cent in 2017."

The mammography market is already dominated by FPD full-field digital mammography (FPD-FFDM) equipment, led by adoption in mature regions. In contrast, FPD-FFDM uptake in emerging regions is relatively low, with few healthcare providers able to purchase the costly equipment and demand for breast screening being very low.

Meanwhile, interventional and mobile C-arm equipment is benefitting from a growing trend towards minimally invasive surgery. Minimally invasive surgery reduces patient hospital stays and increases patient throughput.

More advanced systems with digital technology and advanced navigation software is driving growth in mobile C-arm X-ray. Interventional X-ray is already dominated by digital technology and is being spurred by new installations of hybrid operating hybrid operating rooms that combine multiple imaging modalities and full surgical equipment in one room.

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