SEARCH
Current Location:
>
> This Story

starstarstarstarhalf star (3)
Log in or Register to rate this News Story
Forward Printable StoryPrint Comment

Never Miss a Story

Sign up for email alerts

 

More Industry Headlines

Hypofractionated whole breast irradiation: faster, cheaper, comparable — underutilized? Why is the U.S. dragging its feet toward faster WBI?

Global CT market to hit $5.1 billion in four years: report Product improvements and XR-29 drive the market

Medical World Americas 2015: What has Ebola taught us? Health care professionals will meet in Texas to see what they've learned from their mistakes

Health care survey finds doctors, patients OK now, but fear for future Survey: Patients happy with service now, but afraid for future. Doctors fear future cost-pressures

Memorial Sloan Kettering, IBM looking at computerized skin cancer lesion identification Image mapping could guide the way to more accurate diagnoses

Philips acquires catheter-based imaging co., Volcano May help Philips break into EUR four billion image-guided therapy market

XR-29's lower dose CT requirements: Will iterative reconstruction play a role? As the industry inches toward new dose requirements, some implementation questions remain

Is Obamacare causing emergency room crowding? No, says new study The Affordable Care Act is not the cause of the problem. It comes from a primary care shortage

Could microwave tomography replace mammography? New experimental technique offers greater specificity with no radiation or patient discomfort

Hitachi partners with iVu for automated whole breast ultrasound

Retrofit X-ray kits to become 'big business'

by Brendon Nafziger , DOTmed News Associate Editor
Digital panels that convert old analogue systems into digital X-ray machines will become cheaper as competition among manufacturers further drives down prices, according to a new report.

As a result, retrofit X-ray kits will become "big business" as cost-conscious providers in austerity-wracked European countries and mid-tier developing countries, such as China, look for inexpensive ways to upgrade film equipment.

Story Continues Below Advertisement

ENTERPRISE LEVEL INFORMATION SHARING - register for a demo

McKesson Enterprise Medical Imaging Solutions deliver what you need to stay connected and help ensure that patient information is in the right place at the right time and easily accessible by all members of the care team.



According to British market research firm InMedica's predictions released this week, prices for retrofit X-ray kits will fall an estimated 5 to 10 percent a year under intense competition from the half dozen or so major manufacturers in the space. Demand for the products will also go up as OEMs have addressed supplier concerns about the fragility of still fairly expensive, and potentially droppable, devices.

Small market

Introduced about four years ago, retrofit X-ray kits are digital flat panel detectors that fit into the same slots used by film cassettes in X-ray rooms or mobile systems to turn them into digital devices at a discount. Rather than spending $180,000 for a new digital radiography room, a hospital could buy two retrofit panels for just over $100,000 to convert two analogue rooms, according to Stephen Holloway, a senior analyst with Wellingborough, England-based InMedica.

However, the current market is quite small. Holloway estimates retrofit X-rays make up no more than one-sixth of the total X-ray market by volume sold. Only around 1,000 units shipped in 2011, he said. But he expects this number to grow by 25 to 30 percent a year.

"Retrofitting of good quality analogue or adding retrofit panels to mobile is going to become big business because it's a cost-effective way to maintain a digital standard but still use equipment that's there," he told DOTmed News.

Price erosion

Prices will fall 5 percent to 10 percent a year, in part because of growing competition from manufacturers. The sector launched commercially in early 2009 with the DRX-1 by Carestream. But now Philips, GE, Konica Minolta, Fujifilm and Canon all make retrofit FPD devices. "It's becoming a lot more of a general market, rather than just (covered by) a few specialists," Holloway said.

And as the price approaches that of computed radiography, the technology becomes more attractive, especially to providers in middle-income countries, such as China, Brazil and India. Currently, a tethered retrofit flat panel detector runs about $55,000 to $60,000, and a wireless one around $70,000. By comparison, CR systems run from $10,000 to $30,000 for single-plate readers on the low end, up to $100,000 for multi-plate systems on the high end.

"Once (retrofit X-rays) get down to the $50,000 mark, they certainly become a more interesting prospect for (moderate income) regions," Holloway said.

Drop rating

Holloway said another factor helping to encourage the adoption of retrofit is that manufacturers have addressed suppliers' concerns that the FPD's are fragile.

"If you drop one, it's kind of an expensive replacement," Holloway said.

But newer generation models are stringently tested, covered in carbon fiber and generally drop-rated to endure falls of about 6 to 10 feet.

InMedica is a division of IMS Research, which is owned by IHS (NYSE: IHS), based in Englewood, Colo.

Related:


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

Advertise
Increase Your
Brand Awareness
Auctions + Private Sales
Get The
Best Price
Buy Equipment/Parts
Find The
Lowest Price
Daily News
Read The
Latest News
Directory
Browse All
DOTmed Users
Ethics on DOTmed
View Our
Ethics Program
Gold Parts Vendor Program
Receive PH
Requests
Gold Service Dealer Program
Receive RFP/PS
Requests
Healthcare Providers
See all
HCP Tools
Jobs/Training
Find/Fill
A Job
Parts Hunter +EasyPay
Get Parts
Quotes
Recently Certified
View Recently
Certified Users
Recently Rated
View Recently
Certified Users
Rental Center
Rent Equipment
For Less
Sell Equipment/Parts
Get The
Most Money
Service Technicians Forum
Find Help
And Advice
Simple RFP
Get Equipment
Quotes
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 ©2001-2014 DOTmed.com, Inc.
ALL RIGHTS RESERVED