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Updated: July 8th, 2008 05:26 PM CDT

Computed and Digital Radiography Lead the Digitisation of Europe

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via NewsEdge Corporation

Nevertheless, with their higher prices and maintenance costs, DR systems prove to be expensive in cases where there are lesser number of procedures to be performed. In such cases, customers show a preference for CR systems, especially smaller imaging centres and private physicians who do not have access to substantial finances.

The European CR systems market was valued at $261.9 million for 2005 and is expected to reach $322.9 million in 2010. Although the market shows good growth potential in countries such as Spain, Italy and the United Kingdom, it has reached saturation in other large countries such as France and the Scandinavia, where the market for CR systems has now become more of a replacement market.

Revenues in the European DR systems market on the other hand were valued at $165.0 million in 2005 and could reach $318.6 million in 2010. Germany ranks top in the DR systems market with a 23.0 per cent share of the total European market followed by Scandinavia with 18.0 per cent and the United Kingdom with 16.0 per cent.

"Though there is major drive to convert analog screen film into digital form using CR and DR systems, the market, especially for CR systems is experiencing continuous price erosion, thereby making it difficult for the industry participants to sustain their profitability," says Ms. Badrinarayanan." Hence, vendors will have to chalk out appropriate pricing plan for their digital systems and create more awareness on the advantages of the digital systems and network, while also focusing on developing clinical performance of the system and bundling it with PACS/RIS.

If you are interested in a virtual brochure, which provides manufacturers, end-users, and other industry participants an overview of the latest analysis of the Strategic Analysis of the Digitisation Initiatives in European Medical Imaging Markets (B689-50), then send an e-mail to Radhika Menon Theodore, Corporate Communications, at rmtheodore@frost.com with the following information: your full name, company name, title, telephone number, fax number and e-mail address. Upon receipt of the above information, an overview will be sent to you via e-mail.


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