Home
Global Supplier Directory
APPLIANCE Engineer
Supplier Solutions
APPLIANCE Line
Whitepaper Library
Calendar of Events
Association Locator
Contents Pages
Market Research
Subscription Center


 
Daily News

Innovation Driving U.S. 3D Imaging Market
Jan 27, 2003
 Printable format
 Email this Article
 Search

The intense pace of innovations in three-dimensional (3D) imaging technologies used with computed tomography (CT), magnetic resonance, angiography, and ultrasound modalities epitomize the growth of the U.S. 3D imaging market, according to a recent report.

A new analysis from Frost & Sullivan, U.S. 3D Imaging Markets, reveals that this market generated revenues worth U.S. $397.6 million in 2002 and is likely to reach $ 1.15 billion in 2009.

Latest multi-slice CT scanners and transducer technology that can generate a plethora of images and faster replacement cycle are key drivers for the sale of 3D workstations as well as 3D software applications with real time volume and spatial rendering capabilities.

According to Jim Clayton, Frost & Sullivan Research analyst, "Products that provide clinical value for complex applications such as virtual colonoscopy and calcium scoring, as well as ultrasound techniques, are facilitating market adoption and may lead to more appropriate reimbursement for 3D imaging procedures."

The demand for multi-modality workstations is on the rise as radiologists, already short in number, face additional workload due to the continuous increase in aging population with health disorders. The willingness of patients to pay out-of-pocket, despite the lack of insurance, is enabling physicians to become proficient at performing 3D imaging procedures.

Manufacturers are offering integrated and bundled solutions for the diverse requirements of hospitals and imaging centers. New products in development that include computer-aided detection with the latest 3D workstations and software applications are likely to drive the market for these products.

The development of feature rich 3D workstations and software applications combined with innovations in peripheral markets and special financial arrangements will likely increase the affordability of these products by lowering the cost of ownership.

Inspite of the economic downturn, the research firm says that large OEMs eye strategic mergers and acquisitions to drive economies of scale, enhance product portfolios and reduce the time to market.

"Companies with extensive focus on research, product differentiation strategies, and clinically proven solutions that facilitate construction of accurate Current Procedural Terminology (CPT) codes will dominate the market," says Mr. Clayton. "Advanced applications such as 'baby face' imaging, echocardiography, and contrast imaging that require real-time 3D ultrasound components are likely to fortify the future market."

Back to Daily News

 

Daily News

...........................................................

Oct 23, 2014: Whirlpool Corporation to Showcase Resource-Efficient Technologies at Greenbuild

Oct 23, 2014: CWIEME Chicago exhibition had record attendees

Oct 22, 2014: Middleby to add U-Line to residential appliance business

Oct 22, 2014: iRobot's 3Q exceeds expectations, driven by Home Robots growth

Oct 22, 2014: Whirlpool Canada named 2014 Energy Star Manufacturer of the Year

More Daily News>>

RSS Feeds
.........................................................
Appliance Industry
Market Research

...........................................................

September 2014: Appliance Industry Focus: HVAC
June 2014: Appliance Magazine Market Insight: April 2014
May 2014: Appliance Magazine Market Insight: March 2014
April 2014: Appliance Magazine Market Insight: February 2014




 
Contact Us | About Us | Subscriptions | Advertising | Home
UBM Canon © 2014  

Please visit these other UBM Canon sites

UBM Canon Corporate | Design News | Test & Measurement World | Packaging Digest | EDN | Qmed | Plastics Today | Powder Bulk Solids | Canon Trade Shows