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European MRI Systems Market
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Description: |
This Frost & Sullivan research service titled European MRI Market provides a detailed analysis of the key drivers and restraints in the market. The study also analyses the different segments of the market and includes a description of the geographic trends. Finally, it provides strategic recommendations to market participants. In this research, expert analysts thoroughly examine the following markets: low field systems, high field systems and ultra high field systems.
Technologies
The following technologies are covered in this research:
-Low field systems (1 Tesla and below)
-High field systems (1.5 Tesla)
-Ultra high field systems (3 Tesla)
Market Sectors
Expert analysts thoroughly examine the following market sectors in this research:
-Medical imaging
-Magnetic resonance imaging (MRI)
Development of New Clinical Applications and Replacement of Field Strengths Drive Demand for MRI Systems in Europe
Representing one of the strongest markets in the medical imaging industry, MRI systems are diagnostic tools that are widely employed by physicians in Europe today. However, there are multiple challenges such as increasing pricing pressures, regulatory issues and competition from CT that need to be overcome in the European MRI systems market. Despite these challenges, the market is expected to witness growth. The scope for growth is related to the introduction of new applications. While the European MRI market is a mature one, it is not yet saturated and there are few unexplored niche segments which offer huge potential.
"The European MRI systems market is primarily driven by the current wide variety of applications and constant development of new ones," notes the analyst of this research service. "With constant upgrades in Tesla strength, the number of applications using MRI is increasing from the research point of view and is also becoming commercially viable." In addition, with advancements in neurological, cardiac and vascular, as well as breast MRI, the market is seeing growth fundamentally due to the application potential. Each new clinical application increases the usage of MRI systems.
Financial Constraints of the European Healthcare System Deter Market Growth
The current state of the European healthcare system is acting as a deterrent to market growth. "The European healthcare industry is experiencing severe financial constraints from having to support an aging population, with contributions from a small portion of working population," explains the analyst. "As a result, the governments of various nations are wary of the fact that healthcare spending is exceedingly high and one of the interesting ways in which nations are reducing health care costs is by simply not buying additional equipment." Apart from this, differing reimbursement policies in various geographical regions in the European Union are yet another hurdle. Additionally, there is also the inherent challenge arising due to competition from CT.
In the future, the ultra high field systems segment will eventually capture the market share of the high field segment. Moreover, as the overall market is heading toward saturation, market participants will need to concentrate on niche segments. Targeting niche markets can be either through the acquisition of existing small local participants or through the introduction of new products. |
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Contents: |
-1. Executive Summary
--1. Summary of Findings
---1. Summary of the European MRI Systems Market
-2. Total European MRI Systems Market
--1. Overview of the European MRI systems Market
---1. Market Overview
---2. Market Segmentation
---3. Research Methodology
--2. Industry Challenges
---1. Challenges Facing the European MRI Industry
--3. Market Drivers
---1. Factors Driving the Market
a. Wide Variety of Applications and Constant Development of New Ones
b. Quest for Higher Tesla Strength
c. Replacement-driven Demand
--4. Market Restraints
---1. Factors Restraining the Market
a. Low Reimbursement Rates
b. Competition from Computed Tomography (CT)
c. Speed of Innovation Causes Bust to Follow Boom
--5. Forecasts for the Total European MRI Systems Market
---1. Market Engineering Measurements
---2. Revenue Forecasts
--6. Pricing Analysis
---1. Analysis of Pricing Trends
--7. Technology Trends in MRI systems
---1. Clinical Applications Trends
--8. Competitive Structure and Aggregate Market Share Analysis
---1. Product Analysis
---2. Competitive Structure Analysis
---3. Aggregate Market Share Analysis
-3. European Low Field MRI Systems Market
--1. Market Overview
---1. Introduction
--2. Market Share Analysis of Extremity Imaging Segment
---1. Market Share Analysis
--3. Revenue Forecasts
---1. Market Engineering Measurements
---2. Revenue Forecasts
--4. Product Overview
---1. Profiling of Products
-4. European High Field MRI Systems Market
--1. Market Overview
---1. Introduction
--2. Revenue Forecasts
---1. Market Engineering Measurements
---2. Revenue Forecasts
--3. Product Overview
---1. Profiling of Products
-5. European Ultra High Field MRI Systems Market
--1. Market Overview
---1. Introduction
--2. Revenue Forecasts
---1. Market Engineering Measurements
---2. Revenue Forecasts
--3. Product Overview
---1. Profiling of Products
-6. Geographic Trends and Forecasts for the European MRI Systems market
--1. Germany
---1. Market Overview
---2. Revenue Forecasts
--2. Italy
---1. Market Overview
---2. Revenue Forecasts
--3. France
---1. Market Overview
---2. Revenue Forecasts
--4. The United Kingdom
---1. Market Overview
---2. Revenue Forecasts
--5. Scandinavia
---1. Market Overview
---2. Revenue Forecasts
--6. Spain
---1. Market Overview
---2. Revenue Forecasts
--7. Benelux
---1. Market Overview
---2. Revenue Forecasts
-7. Market Engineering Strategy
--1. Strategic Recommendations for European MRI Systems Market
---1. Strategic Recommendations
-8. Database of Key Industry Participants
--1. Key Industry Participants in the Market
---1. Key Industry Participants
-9. Decision Support Database
--1. Healthcare Expenditure
---1. Total Healthcare Expenditure
---2. Healthcare Expenditure as a Per Cent of GDP
--2. Demographics
---1. Total Population
--3. Number of Hospitals
---1. Number of Hospitals
---2. Number of Hospital Beds
List of Figures
Chapter 2
Impact of top industry challenges for the European MRI systems market from 2007 to 2013
Market drivers ranked in order of impact for the European MRI systems market from 2007 to 2013
Market restraints ranked in order of impact for the European MRI systems market from 2007 to 2013
Revenue forecasts for the European Low Field MRI systems market from 2007 to 2013
Percent of revenues by regions in Europe from 2006 to 2013
Products offered by the major market participants in the various segments
Competitive structure of the European MRI systems market for 2006
Company market share by revenues for the European MRI market for 2006
Chapter 3
Various low field products offered by market participants
Chapter 4
Various high field products offered by market participants
Revenue forecasts for the High Field European MRI systems market from 2007 to 2013
Chapter 5
Various ultra high field products offered by market participants
Revenue forecasts for the ultra-high field European MRI systems market from 2007 to 2013
Chapter 6
Revenue forecasts for the MRI systems market in Germany from 2006 to 2013
Revenue forecasts for the European MRI systems market from 2007 to 2013 in Italy
Revenue forecasts for the European MRI systems market from 2007 to 2013 in France
Revenue forecasts for the European MRI systems market from 2007 to 2013 in United Kingdom
Revenue forecasts for the European MRI systems market from 2007 to 2013 in Scandinavia
Revenue forecasts for the European MRI systems market from 2007 to 2013 in Spain
Revenue forecasts for the European MRI systems market from 2007 to 2013 in Benelux |
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