The phosphor screen scanner market is used widely in medical imaging applications such as mammography, general radiography, fluoroscopy, dental, and cardiology. Phosphor screen scanners capture the image of a fluorescent signal on a phosphor plate when it is exposed to X-rays. It provides high-quality digital images used by radiologists for diagnosis. Phosphor screen scanners offer various advantages over conventional radiography such as improved image quality, high resolution, compact size, low radiation dose, and ease of storage and transfer of images. Growing need for accurate diagnosis and increased use of medical imaging for chronic disease management is driving the demand for advanced imaging systems.
The Global Phosphor Screen Scanner Market Size is estimated to be valued at US$ 288 Bn in 2024 and is expected to exhibit a CAGR of 10% over the forecast period 2024 to 2030.
Key Takeaways
Key players operating in the phosphor screen scanner market are Intomics, GENinCode, NanoString, Tepnel Pharma Services Limited, Pfizer Inc., Novartis AG, Teva Pharmaceutical Industries Ltd., Merck & Co., Inc, QIAGEN, Quest Diagnostics Incorporated, Medtronic, Thermo Fisher Scientific Inc., Laboratory Corporation of America Holdings, bioMérieux SA, F. Hoffmann-La Roche Ltd, Eli Lilly & Company, GlaxoSmithKline plc, Cepheid, AstraZeneca PLC, Myriad Genetics, Inc., Bristol-Myers Squibb Company, and Founder Genomics. These players are focusing on developing technologically advanced scanners to cater to the emerging needs of healthcare facilities.
The demand for phosphor screen scanners is growing due to the increasing incidence of chronic diseases and the aging population globally. Growing demand for early disease detection and accurate diagnosis is propelling the medical imaging market.
Technological advancements are transforming medical imaging with the development of intelligent image informatics solutions, digital cloud connectivity, and automation. Solutions such as AI-powered medical imaging analysis and remote consultations are improving diagnostic efficacy and accessibility of care.
Market Trends
Growing adoption of wireless flat panel detectors: Manufacturers are developing portable flat panel detectors integrated with wireless connectivity for easy image transfer and storage without physical components. This trend is gaining traction among healthcare facilities looking for compact and flexible imaging solutions.
Increased use of AI and cloud technology: Vendors are focusing on developing intelligent image processing solutions integrated with AI and cloud technology. AI-powered features such as automated image enhancement, segmentation, and diagnostic support are improving the efficacy and efficiency of medical imaging workflows. Cloud connectivity is augmenting image distribution and collaborative diagnostic capabilities.
Market Opportunities
Rising demand in emerging economies: Emerging countries in Asia Pacific and Latin America are witnessing increased healthcare investments and expanding medical infrastructure. This provides significant opportunities for vendors to tap the growing demand for imaging equipment from new healthcare facilities being established in these regions.
Integration with telehealth solutions: The COVID-19 pandemic has accelerated the adoption of telehealth and virtual care models. There is scope for phosphor screen scanner manufacturers to collaborate with telehealth platforms and develop remote radiology and teleradiology-enabled solutions for hospitals and clinics. This will enhance diagnostic access for remote and rural populations.
Impact of COVID-19 on Phosphor Screen Scanner Market Growth
The COVID-19 pandemic has significantly impacted the growth of the phosphor screen scanner market. During the initial outbreak, restrictions imposed on travel and movement led to supply chain disruptions. This caused a shortage of key components and delayed the production and delivery of phosphor screen scanners across regions. Furthermore, hospitals and diagnostic centers were overloaded dealing with COVID-19 patients which reduced the demand for radiographic tests and scans. The postponing of elective surgeries also contributed to the declining demand. However, post lockdowns being lifted, the demand is gradually increasing as diagnostic centers resume their regular operations. Moreover, the increasing adoption of portable bedside scanners is supporting market growth. Manufacturers are also developing advanced scanning solutions to deal with the growing workload in healthcare settings amid the pandemic situation. Going forward, growth in teleradiology and home healthcare is likely to open new opportunities for market players in the post-COVID era.
The United States accounts for the largest share in the phosphor screen scanner market in terms of value. This is attributed to factors such as the high healthcare expenditure, presence of major market players, and growing awareness regarding early diagnosis. China is projected to be the fastest-growing regional market between 2024 to 2030. This can be accredited to the rising geriatric population, improving healthcare infrastructure, increasing investments in medical imaging technologies, and growing focus on preventive healthcare in the country.
While Europe holds a significant share due to the well-established healthcare systems and availability of advanced treatments. Further, factors such as the increasing prevalence of chronic diseases and government support for diagnostic imaging are fueling market growth across various European countries. The Asia Pacific region is also emerging as a lucrative market for phosphor screen scanners driven by healthcare modernization, rising disposable incomes, and expanding medical tourism industry.
Going forward, developments in wireless and teleradiology solutions, integration of AI capabilities, and increasing research & development activities are anticipated to open new avenues for the phosphor screen scanner market over the forecast period. Further, renewed government focus on strengthening public healthcare will positively influence the industry outlook.
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When this figure is used with an LCD and projector, the display can be made sharper and clearer to ensure that it is easier for people to view the pictures and films that they are using.
Phosphor screen scanner cancer is also used in autoradiography processes to detect cancer cells in the body and other medical diagnostics.The increasing rate of cancer in the world has resulted in significant demand in the global phosphor screen scanner market.
For instance, according to World Cancer Research Fund International, in 2018, there were around 18 million cancer cases in the world, comprising of around 8.5 million women and around 9.5 million men.
Moreover, versatile applications of the scanner and technological advancements are also augmenting the incidence rate of the market.
Advancements in research and development activities by key market players are another trend that is boosting the growth of the global phosphor screen scanner market.A phosphor screen scanner is very useful in that it can scan a particular film directly onto a computer monitor.
This will work whether the individual is scanning one's film at home or if they are intending to take their digital pictures to be used by someone else at another location.
Phosphor screen scanner has various applications in autoradiography and medical diagnostics.
Increasing application in a variety of medical diagnostics are likely to lead to increasing adoption of phosphor screen scanners in rapidly expanding medical industry over the next decade.Phosphor Screen Scanner is just a system for scanning an imaging plate.
As phosphor screen scanner allows direct in-depth visualization, it eradicates the requirement to develop a specific film by using chemicals or different scanning methods for observation purpose, like in other radio imaging methods.Increasing application and popularity of phosphor screen scanners in autoradiography and medical diagnostics application are factors fueling growth of the global phosphor screen scanner market.
It can be highly sensitivity and offers high accuracy of quantitative data.
These factors are driving medical professional's attraction towards use of phosphor screen scanner, consequently driving growth of the related market.
Phosphor screen scanners require less space are portable.Moreover, some phosphor screen scanners are portable, require less space.
