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

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

Breast MR after mammography may catch additional aggressive cancers How clinically significant are multicentric cancers?

Will the future hold compact, tunable X-ray devices made of graphene? May reduce radiation dose and cost associated with current X-ray devices

Dell announces entry into health care monitor market New device is designed to meet IEC 60601-1 standard

Bilingual patients have better cognitive function after stroke But it may not apply to all bilingual people

Canadian hospital clerk who sold maternity records fined $27,000 — hospital facing $308.4 million suit From 1995 to 2014 she sold at least 14,450 records

Google Glass used to treat blocked coronary artery for first time A more economical option

UnitedHealth scaling back efforts in ACA exchanges May quit them entirely in 2017

Discover Cinematic Rendering technology A talk with Dr. Dorin Comaniciu, vice president of Siemens’ Medical Imaging Technologies

Bundled payments to overhaul lucrative total joint replacement surgery sector The new rule will be initially rolled out in 67 metropolitan areas in April of 2016

Ingestible device can measure heart and breathing rates from inside the GI tract 'An extremely tiny stethoscope you can swallow'

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

What's the best path to the future of better health? YOURS.

The best way to navigate the evolving healthcare landscape is on a clear path. McKesson’s customizable solutions for radiology & cardiology are scalable to suit your exact size and complexity and provide standards-based integrations.Click for more info

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.


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.