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Medical Imaging Devices - A Global Market Overview
Industry Experts, Sep 2009, Pages: 211
The technology development has provided the most advanced and sophisticated devices for medical imaging. The statistics reveal that the market is witnessing maturity for well established imaging devices in regions such as the United States and Japan while the market is growing tremendously growing for advanced equipment such as MRI, PET and PACS/RIS in developing countries of Europe and Asia-Pacific.
The global market for medical imaging devices is expected to reach about US$37 billion by 2015 from an estimated US$17.3 billion in 2005, growing at a Compounded Annual Growth Rate (CAGR) of 7.8% during the analysis period, 2005-2015.
Medical Imaging Devices Product Segments
- X-Ray
- Computed Tomography
- Ultrasound
- Magnetic Resonance Imaging
- Positron Emission Tomography
- PACS/RIS
- Nuclear Imaging
Major Market Players
The report covers the profiles of 57 key market players out of which 37 are the major global players. The region wise break-up of major players: North America – 36; Japan – 5; Europe – 10; Asia-Pacific – 4; and Rest of World – 1. The report also provides the worldwide listing of the companies engaged in research, technology development, manufacturing and the supply of medical imaging devices. The global list covers addresses, contact numbers and the website addresses of 468 companies.
Key Trends…
- The Asia-Pacific market for X-ray equipment is forecasted to rise as their economy is growing, there is more expenditure on public healthcare than before and there is a definite shift to digital systems. The demand for low-end X-ray equipment, like analogue general radiography would continue
- The market for latest portable ultrasound is recording growth in obstetrics, gynecology and cardiology. Its range of applications is being expanded to emergency medicine and anesthesiology.
- The open MRI is gaining ground for reasons ranging from patient’s interest and certain clinical applications requirements. Patients with claustrophobia and the choice of physician to access patients have helped improve sales of open MRI equipment.
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