DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/ltxd3k/global_digital) has announced the addition of the "Global Digital Radiography Market 2011-2015" report to their offering.
TechNavio's analysts forecast the Global Digital Radiography market to grow at a CAGR of 3.5 percent over the period 2011-2015. One of the key factors contributing to this market growth is the increasing implementation of the picture archiving and communication system. The Global Digital Radiography market has also been witnessing the increasing adoption of a product bundling strategy by vendors. However, the intense competition among vendors could pose a challenge to the growth of this market.
The key vendors dominating this space are Philips Healthcare, GE Healthcare Ltd., Siemens Healthcare, and Shimadzu Corp.
Other vendors mentioned in the report are Carestream Health Inc., Canon USA Inc., Hologic Inc., Varian Medical Systems Inc., Imaging Dynamics Co. Ltd., Imix Adr Finland OY, Infimed Inc., Suni Medical Imaging Inc., Swissray International Inc., and Trixell SAS.
Commenting on the report, an analyst from TechNavio's Healthcare team said: ''Digital radiography (DR) system manufacturers are facing intense competition all over the world. Therefore, top companies such as Philips Healthcare, Siemens Healthcare and Carestream Health have started offering packaged solutions that combine computed radiography (CR) and DR units, as well as IT systems such as picture archiving and communication systems (PACS) and radiology information systems (RIS). This method of product bundling helps vendors offer their products at a reasonable price. By offering packaged solutions to hospitals, manufacturers stand a better chance of increasing their profit margins. Such strategies contribute to the growth of the market.''
According to the report, one of the major drivers for the growth of the Global DR market is the increasing implementation of PACS. This is a medical imaging technology that provides a complete solution for image management in a filmless radiology department. PACS and RIS are important modules that accelerate hospital productivity. PACS handles images from various medical imaging instruments such as DR, magnetic resonance imaging (MRI), positron emission tomography, computed tomography (CT), and ultrasound. Moreover, there is an increase in the integration of PACS with radiology and cardiology information systems as well as hospital information systems. Thus, the increasing implementation of PACS will drive the demand for DR systems because it provides economical storage and convenient access to images.
For more information visit http://www.researchandmarkets.com/research/ltxd3k/global_digital