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Innovations Epitomize 3-D Imaging Market
Jan 2003
SAN JOSE, Calif., Jan. 23 -- The intense pace of innovations in 3-D imaging technologies used with computed tomography (CT), magnetic resonance, angiography and ultrasound modalities epitomize the growth of the US 3-D imaging market, according to an analysis by Frost & Sullivan, "US 3-D Imaging Markets." This market generated revenues worth $397.6 million in 2002 and is likely to reach $1.15 billion in 2009, Frost & Sullivan said.

Latest multislice CT scanners and transducer technology that can generate a plethora of images and faster replacement cycle are key drivers for the sale of 3-D workstations as well as 3-D software applications with real-time volume and spatial rendering capabilities.

According to Frost & Sullivan Research Analyst Jim Clayton, "Products that provide clinical value for complex applications such as virtual colonoscopy and calcium scoring, as well as ultrasound techniques, are facilitaing market adoption and may lead to more appropriate reimbursement for 3-D imaging procedures."

The demand for multi-modality workstations is on the rise as radiologists, already facing a professional shortage, foresee an additional workload due to an increasingly aging population with health disorders. The willingness of patients to pay out-of-pocket, despite the a lack of insurance, is enabling physicians to become proficient at performing 3-D imaging procedures, the repot said.

Manufacturers are offering integrated and bundled solutions for the diverse requirements of hospitals and imaging centers. New products in development that include computer-aided detection with the latest 3-D workstations and software applications are likely to drive the market for these products, Frost & Sullivan said.

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