Product Type: Market Research Report
Published by: Frost & Sullivan
Published: August 2006
Product Code: R1-5390Description Research Overview
This Frost & Sullivan research service titled European Medical Imaging Display Markets provides market drivers and restraints, strategic recommendations and revenue forecasts split by geography and market segment. In this research, Frost & Sullivan's expert analysts thoroughly examine the market for acquisition, diagnostic and referral displays.
Market Sectors
Expert Frost & Sullivan analysts thoroughly examine the following market sectors in this research:
- Medical acquisition displays
- Medical diagnostic displays
- Medical referral displays
Technologies
The following technologies are covered in this research:
- CRT
- LCD
- Colour LCD
- Greyscale
- Auto-calibration software
Market Overview
Digitisation Drives Bolster Sales of Medical Imaging Displays in Europe
As vendors of medical imaging systems cleverly revamp their business models to project themselves as medical technology companies, the market for medical imaging displays has received a substantial boost. Display vendors are witnessing increased demand from picture archiving and communication system (PACS) manufacturers and traditional film system companies that have accelerated their own implementation of digital equipment. These trends will greatly encourage imaging display vendors to provide a greater range of displays, especially with data and image sharing across hospital departments and regions gaining pace.
"As medical imaging transcends the radiology department, a wider variety of end users are demanding to view patient examinations," says the analyst of this research service. "To meet this demand, considerable numbers of medical displays will need to be installed, leading to a significant increase in market revenue." Images can be used for referral, patient consultation and surgical planning. The demand for displays will rise in tandem with a wider portfolio of image users.
Inventive Marketing Strategies Required to Avert Relegation to Commodity Market
The greater need for wider network of displays has attendant issues of end users’ desire to save costs. Preference for less expensive, lower specification commodity displays, coupled with the lack of concrete, Europe-wide guidelines regarding image display equipment, is creating concerns of commoditisation for market participants. "This is compounded by the apprehensions of some vendors that high volume consumer electronic firms will eventually enter the market with their economies of scale and marketing resources," notes the analyst. "For specific medical display companies to prosper in the long term, price cuts in the short term will be necessary to gain business and shore up market share and brand loyalty."
Companies will have to radically reformulate their internal cost structure to achieve these price cuts. They may have to shift manufacturing activities to low-cost regions or revise and intensify marketing efforts. They could win over resellers and distributors of commodity displays by providing them with incentives for promoting products. This will improve visibility of medical imaging displays, creating greater awareness among conservative spenders about their superior image quality and tailored functionality at a cost that is no longer prohibitive. Companies looking to sustain or improve their market positions need to promote awareness of both the clinical and financial benefits of medical grade displays.Table of Contents 1. Executive Summary 1. Summary of the European Medical Imaging Display Market 1. Executive Summary 2. Glossary of Terms 1. Terms Used in this Research Service 1. Abbreviations 3. Challenges Facing the Medical Imaging Display Market in Europe 1. The Medical Imaging Display Market in Europe 1. Industry Challenges 4. Market Engineering Research for the Medical Imaging Display Market in Europe 1. Overview of The European Medical Imaging Display Market 1. Market Overview 2. Frost & Sullivan Methodology 3. Market Engineering Measurements 4. Market Drivers a. Enterprise-Wide Imaging Creates Increased Display Demand b. LCD, Now Accepted as Market Standard, Creates a Large Replacement Market c. Increasing Trend for End-Users to Recognise Value in Medical Grade Displays d. Traditional Film Vendors’ Switch to Digital has Accelerated End-User Switch e. Quality Control Software Increases Ease of Use and Lowers Life-Cycle Costs f. International Standard for Mammography Boosts High-End Display Market g. Improved Colour LCD Brings Increased Features and Will Drive Growth in Line With Greyscale 5. Market Restraints a. Commoditisation of Imaging Displays Leaves End Users Reluctant to Pay More for Medical Grade Displays b. The Disorderly Nature of Standardisations Encourages End-users And Governments to Persist in Using Hard-copy Film c. End Users Slow to Adopt Colour Displays d. Questionable CRT Performance Creates High Monitoring Costs 6. Revenue Forecasts - Total Market 7. Trends by Medical Imaging Display Segment 8. Competitive Structure 9. Market Share Analysis 5. Geographic Trends and Analysis 1. Overview of the Geographical Trends in the European Market for Medical Imaging Displays 1. Percentage Split by Region 2. The Medical Imaging Display Market in the United Kingdom 1. Overview 2. Market Opportunities 3. The Medical Imaging Display Market in Germany 1. Overview 2. Market Opportunities 4. The Medical Imaging Display Market in France 1. Overview 2. Market Opportunities 5. The Medical Imaging Display Market in Italy 1. Overview 2. Market Opportunities 6. The Medical Imaging Display Market in Scandinavia 1. Overview 2. Market Opportunities 7. The Medical Imaging Display Market in the Benelux Region 1. Overview 2. Market Opportunities 8. The Medical Imaging Display Market in Spain 1. Overview 2. Market Opportunities 6. Market Engineering Strategy 1. Strategic Recommendations for the Medical Imaging Display Market in Europe 1. Strategic Recommendations 7. Database of Key Industry Participants 1. Companies Active in the European Medical Imaging Display Market 1. Market Participants 8. Decision Support Database 1. Government Healthcare Expenditure 1. Government Healthcare Expenditure 2. Per Capita Healthcare Expenditure 1. Per Capita Healthcare Expenditure 3. Private Healthcare Expenditure 1. Private Healthcare Expenditure 4. Number of Hospitals 1. Hospitals 5. Number of Hospital Beds 1. Hospital Beds
List of Figures
Chapter 3 Chapter 4 -
Medical Imaging Display Market: Market Drivers Ranked in Order of Impact (Europe), 2006-2012 -
Medical Imaging Display Market: Market Restraints Ranked in Order of Impact (Europe), 2006-2012 -
Medical Imaging Display Market: Revenue Forecasts (Europe), 2002-2012 -
Medical Imaging Display Market: Percent of Revenues by Segment (Europe), 2002-2012 -
Medical Acquisition Display Market: Revenue Forecasts (Europe), 2002-2012 -
Medical Diagnostic Display Market: Revenue Forecasts (Europe), 2002-2012 -
Medical Referral Display Market: Revenue Forecasts (Europe), 2002-2012 -
Medical Imaging Display Market: Competitive Structure (Europe), 2005 -
Medical Imaging Display Market: Company Market Share by Revenues (Europe), 2005 Chapter 5 -
Medical Imaging Display Market: Percent of Revenues by Geographic Region (Europe), 2002-2012 -
Medical Imaging Display Market: Revenue Forecasts (United Kingdom), 2002-2012 -
Medical Imaging Display Market: Revenue Forecasts (Germany), 2002-2012 -
Medical Imaging Display Market: Revenue Forecasts (France), 2002-2012 -
Medical Imaging Display Market: Revenue Forecasts (Italy), 2002-2012 -
Medical Imaging Display Market: Revenue Forecasts (Scandinavia), 2002-2012 -
Medical Imaging Display Market: Revenue Forecasts (Benelux), 2002-2012 -
Medical Imaging Display Market: Revenue Forecasts (Spain), 2002-2012 Chapter 6 Chapter 8 -
Decision Support Database: Government Healthcare Expenditure in Billion USD (World), 2002-2012 -
Decision Support Database: Per Capita Healthcare Expenditure in USD (World), 2002-2012 -
Decision Support Database: Private Healthcare Expenditure in Billion USD (World), 2002-2012 -
Decision Support Database: Number of Hospitals (World), 2002-2012 -
Decision Support Database: Number of Hospital Beds in '000 (World), 2002-2012
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