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Computed Radiography (CR) Equipment Market : Competitive Strategies, Regional Analysis Forecast 2013 - 2019

07-20-2018 07:21 AM CET | Health & Medicine

Press release from: Transparency Market Research 

Computed Radiography (CR) Equipment Market : Competitive

Computed radiography (CR) is an imaging technique that uses electromagnetic radiation such as X-rays. Computed radiography is a computer aided technique that uses irradiation process to produce three dimensional representations of scanned objects internally or externally. Computed radiography equipment is used in various applications such as medical facilities and industrial purpose. CR equipment comprises imaging plate that is made up of photostimulable phosphor. This plate is placed under body parts and then is exposed to electromagnetic irradiation such as X-ray. In addition, digital image can be enhanced in terms of brightness, filtration, contrast and zoom, by using variety of software applications.
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The market of computed radiography (CR) equipment is witnessing positive growth owing to emergence of novel digital imaging modalities by various key players. In addition, introduction of new equipment by various key players will drive the market growth. For example, Jones X-Ray, Inc. offers Vita LE CR System. This system is comparatively light weighted and designed specifically for small space environments. In addition, Konica Minolta, Inc. offers variety of computed radiography models like REGIUS Σâ…¡, REGIUS MODEL 210, REGIUS MODEL 190 and REGIUS MODEL 370. Thus, introduction of new products will increase the uptake of computed radiography equipment and hence supports the market growth. In addition, computed radiography reduces the time for imaging and optimize image quality which will further increase the acceptance of CR equipment and hence drives the market growth.
Advancement in technologies in computed radiography equipment will drive the market growth. For example, Phillips Healthcare introduced PCR Eleva CosimaX. This equipment allows throughput up to 165 plates per hour. Additionally, this equipment is an ideal option for variety of applications such as intensive care units, pediatrics, mammography and others. However, high cost of the equipment will restrain the market growth of computed radiography equipment.
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Geographically, North America dominates the global computed radiography equipment market due to increasing adoption of computed radiography equipment coupled with technological advancements. In addition, many key players like Fujifilm Corporation and Siemens Healthcare have strong presence in the North American market. This factor would help North American market to develop consistently owing to incessant launch of novel computed radiography equipment by these key players. Europe is considered as the second largest market of computed radiography equipment. The growth is mainly attributed to introduction of novel computed radiography equipment by domiciled key players coupled with increasing utilization of CR equipment by medical facilities.
For example, GE Healthcare is a major key player in Europe and has introduced CRFlex Computed Radiography Scanner that features with GE sensing and inspection technologies. In addition, this equipment also offers more flexibility, dynamic range and ease of use as compared to conventional scanners. In addition, Asia-Pacific countries such as India, China and South-East Asia are the emerging regions for the global computed radiography equipment due to economic growth and increasing attention of Asia-Pacific government for the development of healthcare infrastructure. Additionally, countries like India and China are focusing on investing in advanced and new medical imaging equipment. Thus, this factor may eventually stimulate the market growth of computed radiography equipment.
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Some of the major players competing in the global computed radiography equipment market are Siemens Healthcare, Jones X-Ray, Inc., Konica Minolta, Inc., GE Healthcare, EuroTeck Systems Ltd., Multi Imager Service, Inc., All Star X-ray, Inc., Fujifilm Corporation, Desert Health Imaging Technologies, LLC, Phillips Healthcare and others.

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Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

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