Navigation Links
Global Digital Radiology Market: Industry Analysis, Size, Share, Growth, Trends and Forecast 2012 - 2018
Date:9/19/2013

Albany, New York (PRWEB) September 19, 2013

According to a new market report published by Transparency Market Research “Digital Radiology Market – Global Industry Size, Market Share, Trends, Analysis and Forecast, 2012 – 2018,” the global radiology systems market is estimated at USD 9.7 billion in 2012 and expected to reach USD 13.3 billion by 2018 at a CAGR of 5.4% from 2012 to 2018. Globally, the North America region is expected to maintain its lead position in terms of revenue till 2018. North America holds about 41.9% of the global digital radiology market revenue share in 2012 followed by Europe. In terms of volume, the global digital radiology market is expected to reach 158.2 thousand units by 2018.

Browse the full report with TOC at http://www.transparencymarketresearch.com/globa-digital-radiology-market.html .

Radiology departments across the globe face issues of storing, archiving and retrieving large volume of images and data with traditional films. Moreover, with increasing adoption of telemedicine and medical telemetry, faster and secure transmission of such data is crucial. In addition, modern diagnostic equipments and scanners are producing very large volume of data, which requires better data management systems. This initiated the gradual shift of radiology departments across the globe from film-based to digital radiology systems. Eventually digital radiology became an integral component of workflow optimization strategy of radiology departments.

The several benefits that are compelling the improved adoption of digital radiology worldwide are: superior and accurate image capture, reduced radiation exposure for patients and workers, flexibility in image management, improved patient throughputs, and superior evaluation of data and images. Increasing research and development activities in the field have given rise to newer, more compact and powerful equipments, which have provided additional growth to the industry. Strong market competition is resulting in annual 4-7% price erosion. This has made the devices become affordable and enhanced the market penetration. Increased application areas such as minimally invasive procedures, pain management, orthopedics, neurovascular and others have increased the market adoption.

Initial installation cost and cost outlay is very high for digital radiography setups. The average cost of devices is above USD 50,000 which is limiting its adoption by small clinics and outpatient diagnostic centers. Serious concerns have been raised by healthcare professionals due to the radiation exposure caused to patients during radiological examination. Future, the market is expected to be inclined towards a safer device which can produce enhanced image quality with minimum use of radiation. Quality of image is determined by the number of pixels – higher the pixels, higher will be the quality. But high numbers of pixels also causes high noise which is a technological restraint.

The digital radiology devices market is extremely competitive with a close gap between Siemens Healthcare, GE Healthcare, Philips Healthcare, Canon Medical, Konica Minolta and Fujifilm. Siemens Healthcare is the market leader with about 12.9% revenue share in 2012.

This report is an effort to identify factors, which will be the driving force behind the digital radiology market and sub-markets in the next few years. The report provides extensive analysis of the digital radiology industry, current market trends, industry drivers and challenges for better understanding of the digital radiology market status. The report has segregated the digital radiology industry in terms of product, and geography.

Related Reports:
X-Ray Market: http://www.transparencymarketresearch.com/x-ray-market.html

This research is specially designed to estimate and analyze the demand and performance of digital radiology products in the global scenario. The research provides an in-depth analysis of digital radiology product manufacturers, product sales, trend analysis by segments, and demand by geography. The report covers all the major product segments of the global digital radiology market and provides in-depth analysis, historical data and statistically refined forecast for the segments covered.The report used a combination of primary and secondary research to arrive at the market estimates, market shares and trends.

This report is an effort to identify factors, which will be the driving force behind the digital radiology market and sub-markets in the next few years. The report provides extensive analysis of the digital radiology industry, current market trends, industry drivers and challenges for a better understanding of the digital radiology market status. The report has segregated the digital radiology industry in terms of product, and geography.

Browse Blog: https://tmralbany.wordpress.com/
Browse all Market Research reports: http://www.transparencymarketresearch.com

Read the full story at http://www.prweb.com/releases/2013/9/prweb11140917.htm.


'/>"/>
Source: PRWeb
Copyright©2012 Vocus, Inc.
All rights reserved

Related medicine news :

1. Global Compound Feed Market : Feed Additives Industry Analysis, Size, Share, Growth, Trends and Forecast 2007 - 2017
2. Global Huntington’s Disease Therapeutics Industry
3. Global Ambulance Services Industry
4. Global Defense Industry Suppliers - CEO Business Outlook Survey 2013–2014
5. Global Home Healthcare Market - Industry Size, Market Share, Trends, Analysis and Forecast, 2012 - 2018
6. j2 Global® Survey Uncovers the Work Habits of Millennials
7. Global Biocide Market (Bactericides, Quaternary Amine Salt, Amine Acetate, Gluteraldehyde) Worth $9.4 Billion by 2016 - New Report by MarketsandMarkets
8. Global Solar Energy Market (Concentrated Solar Power) Will Reach $75.2 Billion with Annual Installations Reaching 227 GW by 2016 - New Report by MarketsandMarkets
9. Global Wearable Medical Technology Market 2012 - 2016 : Worldwide Industry Latest Market Share, Growth, Size,Trends , Strategy And Forecast Research Report 2016
10. Global Total Ankle Replacement Market (TAR) 2013 Analysis in New Research Report at RnRMarketResearch.com
11. Get Real Health Shows that U.S. Has Much to Offer the Global Health IT Market
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:12/4/2016)... ... 04, 2016 , ... Are You Concerned About Mold In Your Home or ... Air Quality Companies in VA, MD and DC, recently completed its application for the ... mold law in the district of Columbia is a good thing stated John Taylor, ...
(Date:12/2/2016)... , ... December 02, 2016 , ... ... on the perils of heroin that was watched live by 1 million viewers ... I. duPont-Columbia University Award. , ASU students at the Walter Cronkite School of ...
(Date:12/2/2016)... CO (PRWEB) , ... December 02, 2016 , ... Advanced ... announced it has appointed Jason Bice, CPA, MBA to serve as Advanced Inc.’s Chief ... for Advanced, Inc. , Jason brings extensive financial and operational leadership experience to ...
(Date:12/2/2016)... , ... December 02, 2016 , ... U.S. Surgeon General, ... with Mediaplanet, Dr. Murthy explains how he was inspired to practice medicine at an ... that medicine is about more than making diagnoses and prescribing medicine,” he states. “It ...
(Date:12/2/2016)... (PRWEB) , ... December 02, 2016 , ... More than ... and while 84 percent of parents report speaking with their child about sex related ... sexually transmitted diseases. , Mediaplanet is proud to announce the launch of its second ...
Breaking Medicine News(10 mins):
(Date:12/2/2016)... WOONSOCKET, R.I. , Dec. 2, 2016 ... hold its annual Analyst Day in New York City on Thursday, December ... the CVS Health leadership team will provide an in-depth ... and enhance shareholder value. The company will also discuss ... audio and video webcast of the event will be ...
(Date:12/2/2016)... -- Orthopedic Implants (Including Spinal Implants, Reconstructive Joint ... a Significant Market Share Owing to a Large Global Baby ... ... According to a new report by Persistence Market Research ... Product Type Segment Projected to Witness a Significantly High CAGR ...
(Date:12/2/2016)... 2, 2016   CytoSorbents Corporation (NASDAQ: ... European Union approved CytoSorb ® cytokine adsorber to ... worldwide, announced that Dr. Phillip Chan , Chief ... LD Micro Main Event investor conference held from ... Luxe Sunset Boulevard Hotel in Los Angeles, ...
Breaking Medicine Technology: