Visit DOTmed at RSNA, North Hall B, Booth #6608 -- Ask about Clean Sweep Equipment Auctions

Current Location:
> This Story

Log in or Register to rate this News Story
Forward Printable StoryPrint Comment

Never Miss a Story

Sign up for email alerts


More Industry Reports

Portable X-rays: will systems be guided by robotic technology in the future? From the November issue of HCB News magazine

Will tomosynthesis reinvent the X-ray? From the November issue of HCB News magazine

CR vs. DR detectors – and the inexorable march of progress The future of CR and DR detectors

Three experts share views on X-ray tubes in the low-dose era Industry experts share their views on x-ray tubes in the current low-dose era

Small achievements, remaining challenges in the CT market From the October issue of HCB News magazine

Proton therapy goes mainstream From the October issue of HCB News magazine

Innovative, new technologies and research are turning heads in radiation oncology From the October issue of HCB News magazine

Will fewer MR coils be required in the future? From the September issue of HCB News magazine

Heat is a formidable enemy in MR and CT chiller design From the September issue of HCB News magazine

MR: increasing applications and breakthrough innovations From the September issue of HCB News magazine

Siemens Healthcare's Somatom
Definition Edge in action

Special report: Despite setbacks, CT market blossoms

by Diana Bradley , Staff Writer
This first appeared in the January 2012 issue of DOTmed HealthCare Business News

Previously tarnished by bad publicity surrounding safety scares, the computed tomography market has made major steps to get back into the public’s good graces. Learning from past mistakes, manufacturers, vendors, health care workers and patients are now better-informed and aware, with all eyes on dose reduction. A quick scan of the CT market reveals a number of positive, revolutionary advancements.

Make room: CT market balloons
CT’s use in the U.S. has increased more than twentyfold since 1980. Approximately 70 million CT scans were performed in 2009. Driven by low-dose and high-slice systems, the CT market – estimated in 2010 to be worth $3.4 billion – is predicted to reach $4.8 billion by 2017, with a compound annual growth rate of 5 percent, according to a report published last month by research firm GlobalData.
Story Continues Below Advertisement

We want to buy your Siemens Symphony or Avanto MRI -- today!

Top Dollar Paid, Fixed or Mobile. Call our Siemens Specialist for a Quote today -- 212-558-6600 Ext. 250 DOTmed Certified

The expanding role of CT in the diagnoses and early triage of patients with acute and sometimes life-threatening illnesses may be responsible for this rise in utilization, states a study published in August by the American College of Emergency Physicians. CT use is particularly booming in the U.S. hospital emergency department, where one-third of CT scans take place daily.

“CT remains the highest volume advanced modality in the ED, because it’s a very rapid modality and its breadth and spectrum of applications is increasing every day,” says Murat Gungor, Siemens Healthcare’s senior director.

While CT utilization blossoms, new legislation surrounding the market, including the Deficit Reduction Act of 2005, has resulted in a “dramatic” decline in the purchase of new CT equipment, notes Joseph Cooper, director of Toshiba Medical Systems Corporation’s business unit.

“The DRA lowered reimbursement rates for imaging centers to that of the same rate hospitals would receive,” Cooper says. “That wiped out the outpatient CT market over night. After that, we had the recession, health care reform and that brings us to today’s more stable market.”

Meanwhile, Peter Kovamees, marketing manager for ContextVision, an OEM, attributes CT’s flat buyer’s market to its expensive equipment.

“It’s a mature, saturated market with purchases only taking place when CT equipment needs to be replaced,” says Kovamees.

Although it is initially expensive to purchase a digital CT system, a November report by research firm Kalorama states that with continued use, operating costs are lower than with standard radiology. Film and processing are not required with digital systems, the annual cost of which can be as great as the capital cost of standard radiographic equipment. Once a digital system is installed, large film storage facilities are no longer needed.

Continue reading Special report: Despite setbacks, CT market blossoms...
  Pages: 1 - 2 - 3 - 4 - ... >>


Interested in Medical Industry News? Subscribe to DOTmed's weekly news email and always be informed. Click here, it takes just 30 seconds.

You Must Be Logged In To Post A Comment

Increase Your
Brand Awareness
Auctions + Private Sales
Get The
Best Price
Buy Equipment/Parts
Find The
Lowest Price
Daily News
Read The
Latest News
Browse All
DOTmed Users
Ethics on DOTmed
View Our
Ethics Program
Gold Parts Vendor Program
Receive PH
Gold Service Dealer Program
Receive RFP/PS
Healthcare Providers
See all
HCP Tools
A Job
Parts Hunter +EasyPay
Get Parts
Recently Certified
View Recently
Certified Users
Recently Rated
View Recently
Certified Users
Rental Central
Rent Equipment
For Less
Sell Equipment/Parts
Get The
Most Money
Service Technicians Forum
Find Help
And Advice
Simple RFP
Get Equipment
Virtual Trade Show
Find Service
For Equipment
Access and use of this site is subject to the terms and conditions of our LEGAL NOTICE & PRIVACY NOTICE
Property of and Proprietary to DOTmed.com, Inc. Copyright ©2001-2015 DOTmed.com, Inc.