Market Challenges And Opportunities

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. Phosphor screen scanner combines application of two technologies namely spectrophotometry and autoradiography, and thus saves time. It is also highly sensitivity and offers high accuracy of quantitative data. These factors are driving medical professional’s attraction towards use of phosphor screen scanner, in turn driving growth of the related market. Phosphor screen scanners require less space are portable. Thus, growing need for diagnostics for various medical conditions creates a vastly conducive market for phosphor screen scanners in the medical industry. Versatile properties of phosphor screen scanners are increasing their uptake among researchers, as it offers accurate results for high energy isotopes and accurately detects low activity samples as compared to conventional technologies. This is expected to support growth of the global market. The growth of the veterinary healthcare industry is another major factor driving demand for phosphor screen scanners in veterinary medical applications, which includes intra-oral scanning devices and CR scanners, among others. Owing to various technological advancements and innovations in the field of medical devices, the phosphor screen scanner market is projected to show significant growth over the following decade.

Future Outlook of the Global Phosphor Screen Scanner Market:

Manufacturers are focused on product innovation and R&D to tap into upcoming market opportunities

Advancements in technology and R&D activities by market players is another trend boosting growth of the global phosphor screen scanner market. For instance, in 2014, Smartmatic International Corporation, registered a patent application for handheld phosphor screen scanner under the title; Portable apparatus for biometric and biographic data collection, storage and delivery, and method therefor. These aforementioned factors suggest that in order to tap into lucrative opportunities in the global phosphor screen scanner industry, manufacturers are expected to focus on product innovation and technological advancements through investments in research.