by The global phosphor screen scanner market is estimated to be valued at US$ 250.0 Mn in 2023 and is expected to exhibit a CAGR of 3.7% over the forecast period 2023-2030, as highlighted in a new report published by Coherent Market Insights.
Market Overview:
Phosphor screen scanners are medical diagnostic devices used to digitize x-ray and computed radiography images captured on phosphor plates. They offer versatile and efficient scanning across various medical applications in hospitals and diagnostic centers.
Market key trends:
One of the key trends in the phosphor screen scanner market is the increasing adoption of digital radiography systems. There is a rising preference for digital x-ray systems over conventional analog x-rays due to benefits such as lower radiation dose, real-time image availability, ease of storage, and remote access. Additionally, technological advancements such as the development of high resolution and compact phosphor screen scanners are also contributing to the growth of the market. Manufacturers are focusing on introducing integrated and portable scanner models with user-friendly interfaces and enhanced image quality for improved workflow efficiency.
SWOT Analysis
Strength: Phosphor screen scanners offer high detection sensitivity and high spatial resolution which makes them suitable for small animal imaging applications. They produce bright digital images with high contrast.
Weakness: Phosphor screen scanners have relatively low throughput as compared to flat panel detectors. They require storage phosphor screens which add to the overall cost of imaging.
Opportunity: Increasing investments in research activities involving small animal models is driving the demand for preclinical imaging modalities. Growing biomedical research budgets will help foster the adoption of phosphor screen scanners.
Threats: Introduction of innovative flat panel detectors with capabilities comparable or better than phosphor screens at competitive prices can hinder the growth of this market. Strict regulations surrounding animal testing in some regions also poses a challenge.
Key Takeaways
Global Phosphor Screen Scanner Market Size is expected to witness high growth, exhibiting CAGR of 3.7% over the forecast period, due to increasing investments in preclinical research involving small animals.
Regional analysis: North America dominated the market in 2023 and is expected to maintain its lead through 2030. This can be attributed to presence of major players and rising focus on drug discovery in the region. Asia Pacific is likely to emerge as the fastest growing market stimulated by increasing government funding in countries like China and India.
Key players: Key players operating in the Phosphor Screen Scanner market are GIDS GmbH, Kimball Physics, Phosphor Technology Ltd, Dr. Gassler Electron Devices, Hamamatsu Photonics, K. K., Scintacor, Koninklijke Philips N.V., Stanford Computer Optics, Inc, Konica Minolta, Inc. and others. These companies are focusing on technological advancements to improve imaging capabilities and efficiency of their products.
*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it
