Description
Technology and design improvements in multipurpose R/F Systems, the recent increase in the adoption of fluoroscopy procedures by private healthcare facilities and commercialization of disruptive technologies in real-time R/F are set to boost growth opportunities in the Western European fluoroscopy market. These multi-functional R/F systems have the advantage of reducing the healthcare facility’s carbon footprint and increasing its capability for medical imaging by combining radiography with fluoroscopy equipment.
In Western Europe, a significant amount of fluoroscopy equipment is due for replacement. Simultaneously, technology and digitization in fluoroscopy equipment will have a strong influence on purchase mechanisms. Due to stricter regulations in terms of radiation dosage, vendors are adapting equipment to meet the new standards and at the same time build hybrid fluoroscopy and radiography to appeal to healthcare facilities.
Due to the adaptation in regulations for radiation dosage, fluoroscopy procedures are expected to receive established reimbursements. Hence, more market participants are expected to launch products in this segment and feature several clinical applications, and as a result of this, the competitive scenario in Western Europe is bound to increase. This is also expected to boost growth in revenue during the latter part of the forecast period. The recent updates in radiation dose management have made market participants introduce new systems/upgrades to existing systems to comply with the new rules.
This has also resulted in the adoption of multi-purpose R/F systems by private hospitals/imaging facilities; earlier, such systems were primarily limited to the public hospitals.
To sum up, the fluoroscopy market in Western Europe is witnessing a technology and design disruption with improvements in multipurpose R/F systems; the rising adoption of such systems from private healthcare facilities, which are now aware of the potential in multipurpose R/F systems for lowering costs, consolidating space, and improving workflow; and in the commercialization of disruptive technologies, such as real-time R/F.
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