SEARCH
Current Location:
>
> This Story


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

Never Miss a Story

Sign Up For Weekly Top Stories

 

More Industry Reports

Hospitals can save millions of dollars with MES contracts Long term contracts with OEMs offer big advantages to facilities ready to commit

Will retirements produce stress for service training? Keeping equipment humming as HTMs become fewer

The top 10 questions for hospital equipment service contract negotiators Read this before signing anything

Challenges and solutions for asset management Understanding your needs is the first step to meeting them

MD Buyline highlights six trends from AAMI 2016 In case you weren't at the show, here's what you missed

An in-depth look at the FDA’s refurb docket The pursuit of service oversight standards that won't limit hospital options

Molecular imaging market expands amid challenges PET and SPECT: the good, the bad and the future

Defibrillators: technological advancements are fueling the market segment A soon-to-be $12.9 billion market

Patient monitors: a segment poised for growth and innovation As technology evolves, challenges keep patients tethered to monitors

Reinventing the biomed's equipment testing toolkit Value-⁠based care dominating the segment

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

Streamline Your Radiology Workflow with RamSoft's PowerServer RIS/PACS

The PowerServer RIS/PACS is a single database application, essential to reducing redundant work, limiting manual data entry, and increasing consistency throughout healthcare practices. Click to learn how it will help you improve patient care and more.




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.
  Pages: 1 - 2 - 3 - 4 - ... >>

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 Central
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 ©2001-2016 DOTmed.com, Inc.
ALL RIGHTS RESERVED