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Global Industry trends that can offer Growth opportunities for MRI Market

Press Release   •   Sep 27, 2010 12:24 IST

Medical Magnetic Resonance Imaging (MRI): Technologies and Global Markets

The report examines the MRI equipment industry in general, the types of technology currently in use as well as future applications, and regulatory influences. The industry structure section discusses the most active suppliers with regard to relative market share, marketing strengths, and forces that promote or hamper growth of technologies. The technology sections detail historical, current, and projected (2010 through 2015) market values. ( )


* In the U.S., recent reimbursement changes and the economic downturn have called the expanding use of MRI scanning into question. The North American market is worth $2.3 billion in 2010 and is expected to increase at a 4.4% compound annual growth rate (CAGR) to reach $2.9 billion in 2015.
* Europe ranks with the U.S. as one of the most developed MRI markets. Expanding applications in the neurologic, cardiac, and breast MRI areas should drive the EU market. This sector is estimated at $1.2 billion in 2010 and is expected to increase at a 10% compound annual growth rate (CAGR) to reach $1.9 billion in 2015.
* Japan remains an early adopter of newer MRI equipment, making it a prime opportunity for newer 3T equipment. This market is valued at $1 billion in 2010 and should reach $1.3 billion in 2015, a compound annual growth rate (CAGR) of 4.3%.


The goal of this study is to describe and discuss changes in the global MRI market. This report is designed to achieve the following objectives:
To describe the trends and developments for each type of MRI technology and how each is meant to satisfy the needs of manufacturers.
To analyze market and driving forces to determine the market size for the technologies and pinpoint target applications.
To examine the MRI business in terms of specific companies and their position in the market.
The report is designed to appeal to many different readers including venture capitalists interested in exploring commercialization opportunities, marketing and management individuals within the industry, and even the casual reader who desires to understand how market pressures and technology interact in this industry.

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