DUBLIN, Ireland -- Research and Markets announces the addition of new Frost & Sullivan report (http://www.researchandmarkets.com/reports/c67244) European Computed Tomography (CT) Systems Markets to their offering.
This research service titled European CT Systems Markets provides detailed analysis of different segments and their market in Europe It also deals with the challenges faced by the CT systems industry in Europe, the drivers and restraints as well as the geographic trends that are influencing the CT systems market in Europe. The final part provides a detailed analysis and strategic recommendations to market participants. In this research, expert analysts thoroughly examine the markets for 16 slice, 32/40 slice and 64 slice scanners.
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The European computer tomography (CT) systems market is primarily being driven by the growing potential of cardiac imaging applications, the scope for innovation in various new clinical applications and the constant improvement in the speed of scans. However, clinical application potential for CT has not yet been fully explored since the technology advanced so fast that clinical research is yet to catch up with it. At present, cardiac imaging and virtual colonoscopy are the most promising applications driving sales in the market. The future drivers may be in the field of pulmonology and imaging of the liver.
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"Cardiac imaging was responsible for revival of the CT market with the introduction of 16 slice scanners and the 64 slice scanner further consolidated its impact," cites the analyst of this research service. "With the introduction of higher slice scanners, the market is set to move towards 'single heartbeat' cardiac imaging."
Market Participants Must Work around Heavy Pricing Pressure and Mounting Concern over Radiation Dose to Expand their Revenues
As various countries in the European Union are in different stages of the replacement cycle, constant replacement sales will ensure growth in revenues for market participants. However, the European CT systems market faces multiple challenges including pricing pressures and reimbursement issues. Market competition is currently price-based as every industry participant has a scanner in each of the segments and can differentiate only on the basis of software for the systems. Additionally, the price difference between a 16 slice and a 64 slice scanner is quite considerable. "As a 16 slice scanner is adequate for most conventional radiology applications, the adoption rate of 64 slice scanners is being hampered," notes the analyst. "Industry participants should concentrate on introduction of new software applications to stem price erosion and as an additional source of revenues."
Though higher slice CT scanners enable faster scans, they also result in greater radiation dose with every higher slice count scanner. Vendors are trying to mitigate this challenge by working towards dose reduction, through software and hardware innovation. Apart from this, participants need to keep a watchful eye on competition from magnetic resonance imaging (MRI). However, MRI not only competes with CT, but also paradoxically acts as a driver to the market to stay abreast with clinical application research.
Report is broken down in following chapters:
1. Executive Summary
2. Total European CT Systems Market
3. European Market for Less Than 16 Slice CT Systems
4. European Market for 16 Slice CT Systems
5. European Market for 32/40 Slice CT Systems
6. European Market for 64 Slice CT Systems
7. Geographic Trends and Analysis of the European CT Systems Market
8. Market Engineering Strategy
9. Database of Key Industry Participants
10. Decision Support Database
For more information visit http://www.researchandmarkets.com/reports/c67244
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