X-Ray Market in U.S. to Reach $2.8 Billion by 2016
According to Millennium Research Group (MRG), the global authority on medical technology market intelligence, the saturated United States X-ray market will grow slowly, to reach a value of $2.8 billion by 2016. Significant growth will be seen in digital replacement systems in all segments of the market.
The continued trend toward minimally invasive surgical procedures will lead to increased demand for both diagnostic and interventional X-ray systems, affecting every segment of the X-ray market through 2016. This will lead to particularly high growth in the hybrid operating room (OR) segment.
Hybrid ORs are multi-procedural rooms that function as both a regular OR as well as an interventional suite, consolidating services and procedures. Demand for these systems will be driven by the increasing prevalence of transcatheter aortic valve replacement (TAVR) procedures, as well as by a desire to increase the efficiency of existing procedures. The combination of high demand with small installed base will lead to significant growth. The number of system sales will increase at nearly 20 percent per year through 2016. The X-ray systems purchased for hybrid ORs also tend to be more capable and expensive, being equipped with larger detectors, 3-D imaging, dose management packages and large displays.