The most crucial component of X-ray image processing is the medical x-ray film processor, which is utilized to interpret the data carried by the attenuated X-ray beam as it passes through the body’s tissues. By doing so, they are able to make the previously intangible image visible. X-ray film consists primarily of an emulsion—a radiation-sensitive, photographically active material—that is coated onto a base.
The film is processed by being subjected to a series of chemical solutions for a predetermined amount of time. There are primarily five stages to processing X-ray film: development, stopping the development, fixing, washing, and drying. Medical x-ray film processors can be either semi-automatic or fully-automatic, depending on how much human intervention is desired.
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Global Medical X-Ray Film Processor Market Dynamics
In order to maintain their dominant position in the medical x-ray film processor market, key players are engaging in a number of market strategies, including partnership, merger, collaboration, and renewal of government ISO certification. Carestream Health Inc. is a US-based provider of medical imaging and healthcare IT solutions for hospitals, imaging centres, and specialty medical clinics. In March 2019, – Royal Philips, a global leader in health technology, announced that it had signed an agreement to acquire the Healthcare Information Systems business of Carestream Health Inc.
The acquisition of Nationwide Imaging Services, Inc. was announced in April 2018 by Merry X-Ray Corporation (MXR). Nationwide is a medical imaging equipment broker, reconditioner/reseller, parts supplier, and servicer with a global presence. Codonics Inc. and Plexus Technology Group LLC (Plexus TG), a supplier of Anesthesia Information Management Systems (AIMS), bolstered their partnership in 2017 by making Plexus TG a value-added reseller for the Codonics Safe Label System (SLS).
The medical X-ray film processor market is anticipated to expand as a result of the introduction of new products. For instance, in May of 2016, Agfa HealthCare introduced an upgrade program for digital radiography (DR), which facilitates a rapid shift from analogue film-based X-ray systems to their digital counterparts. In order to facilitate a smooth transition from film to digital, with all the benefits that entails in terms of image quality and price, PerkinElmer released the XRpad 4336 wireless cassette detector component in November 2013. The XRpad 4336 cassette detector is a flat panel detector that fits in a cassette and is compatible with all digital radiography (DR) applications thanks to its wireless connectivity and light weight.
The global market for medical x-ray film processors is expected to grow as a result of rising rates of traffic accidents, injuries, and traumas across the world. For instance, 90% of global road fatalities occur in middle and low income economies, and road traffic accidents cost most countries 3% of their gross domestic product (GDP) in 2018, according to a report published by the World Health Organization (WHO). Furthermore, automobile accidents are the leading cause of death for those in the prime of their lives (15–29). In excess of 1.25 million lives are lost every year as a direct result of traffic collisions.
Furthermore, enhancing patient visits to physicians for minor bone injury owing to sports, work, and others are positively impacting growth of the medical x-ray film processor market. For example, as per American Academy of Orthopedic Surgeons 2013 report, approximately 18,623,616 people visited physician for knee pain symptoms and injuries and about 7,853,011 visits were reported for leg injuries.
Another factor expected to boost the medical x-ray film processor market is the rising popularity of imaging technologies in the healthcare sector. For instance, in January of 2017, radiograph (X-ray) was the most common medical procedure performed 1.89 million times, per the National Health Services U.K. diagnostic imaging dataset statistical release. Overall, around 41 million medical imaging tests were reported in England in 2017.
However, the high maintenance cost and the accessibility of other imaging products with better imaging solutions, like MRI, are expected to restrain the growth of the medical x-ray film processor market.
Global Medical X-Ray Film Processor Market – Regional Landscape
North America, Europe, Latin America, Asia-Pacific, the Middle East, and Africa make up the different submarkets of the global medical x-ray film processor market based on region. When it comes to medical x-ray film processors, North America is at the top of the world. This is because of the region’s advanced imaging technology and longstanding healthcare infrastructure. A report published in the National Science and Technology Council 2017 states that in 2015, the United States saw 79 million CT scans, 39 million MRI scans, and 1.7 million PET scans.
As a result of the region’s high rate of trauma and traffic road accidents, Asia-Pacific is expected to be the fastest-growing region for the global medical x-ray market, followed by Europe. For example, in 2016, there were approximately 1,50,785 fatalities and 4,94,624 injuries reported by the Ministry of Road Transport and Highways in India. Additionally, between 2007 and 2017, there was a 31% increase in fatalities as a result of traffic accidents, and a 25.6% increase in overall traffic fatalities.
Global Medical X-Ray Film Processor Market – Competitive Landscape
Z&Z Medical Inc., LAC Medical Supplies Sdn Bhd, Carestream Health, ARI Medical Technology Co., Ltd., Colenta, PROTEC GmbH & Co. KG, DaitoMitech, and Konica Minolta, Inc. are all significant participants in the global medical x-ray film processor market.
𝐏𝐮𝐫𝐜𝐡𝐚𝐬𝐞 𝐓𝐡𝐢𝐬 𝐏𝐫𝐞𝐦𝐢𝐮𝐦 𝐑𝐞𝐩𝐨𝐫𝐭 𝐖𝐢𝐭𝐡 𝐔𝐩 𝐓𝐨 𝟐𝟓% 𝐎𝐅𝐅 @ https://www.coherentmarketinsights.com/insight/buy-now/1914
Global Medical X-Ray Film Processor Market – Taxonomy
On the basis of product type:
- Semi-Automatic Film Processor
- Fully Automatic Film Processor
On the basis of application:
- Diagnostic Center
- Specialty Clinics
On the basis of region:
- North America
- Latin America
- Middle East
- Asia Pacific
Table of Contents with Major Points:
- Key Findings
- Definitions and Assumptions
- Definition of Medical X-Ray Film Processor Market
- Market Dynamics
- Trends and Developments
- Key Emerging Trends
- Key Developments Mergers and Acquisition
- New Product Launches and Collaboration
- Partnership and Joint Venture
- Latest Technological Advancements
- Insights on Regulatory Scenario
- Porters Five Forces Analysis
Qualitative Insights Impact of COVID-19 on Global Medical X-Ray Film Processor Market
- Supply Chain Challenges
- Steps taken by Government/Companies to overcome this impact
- Potential opportunities due to COVID-19 outbreak
- Data Sources
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