TechNavio today launched its report Computed Radiography and Digital Radiography Market in Europe 2011-2015 based on an in-depth analysis focusing exclusively on Europe. The report aims to aid decision makers’ understanding of the significant trends impacting this market.
Commenting on the report, an analyst from TechNavio’s Healthcare team said: ”Computed radiography (CR) and digital radiography (DR) system manufacturers are facing intense competition in Europe. Therefore, top companies such as Philips Healthcare, Siemens Healthcare and Carestream Health have started offering packaged solutions that combine 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 key drivers is the worldwide increase in the aging population. Lower mortality rates, increased life expectancy and population control have resulted in an increase in the aging population. This is likely to increase the prevalence of various chronic diseases. This in turn will result in increased use of CR and DR devices for the diagnosis of diseases, propelling the growth of the CR and DR market in Europe.
Further, the report discusses that the intense competition among the vendors is a major challenge faced by the market.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/content/computed-radiography-and-digital-radiog…
TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic market research reports on niche and emerging technologies. For more information on our Healthcare market research, please visit https://www.technavio.com/healthcare
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