Germany Diagnostic Imaging Market Outlook to 2017 - Ultrasound Systems, MRI Systems, Computed Tomography Systems, Nuclear Imaging Equipment, X-Ray Systems, Mammography Equipment and Others
- Published: October 2011
- Region: Germany
The research service on Advances in MRI Systems Market (2013-2018) - Technology Trend Analysis - By Architecture, Field Strengths, Technology and Applications in Medical Diagnostics with Market Landscape Analysis - Estimates up to 2018, is an attempt to showcase the technology and market impact of existing and emerging MR systems having a huge growth potential in medical imaging for the coming five years.
Magnetic resonance imaging (MRI) is a medical imaging technique that makes use of magnetism, radio waves, and a computer to produce images of body structures. MRI scans have a wide variety of applications in disease diagnosis ranging from neuroscans, cardiac to liver scans. Closed MR imaging systems command the market due to the high clinical value delivered by the systems.
MR imaging has become the preferred diagnostic imaging method for imaging the central nervous system, particularly for detecting brain tumors, spine lesions, imaging blood vessels, and stroke affected areas of brain. This technology has gained impetus from the keen interest shown in it by technology developers and manufacturers that wish to make it more patient friendly.
The current magnetic resonance imaging industry is producing over 2,000 units per year. The global market for these systems values $4.13 billion, as of the first quarter of 2013, and is expected to grow at a CAGR of 4.56% reaching approximately around $5.24 billion by 2018. As of March 2013, North America dominates the market with nearly 40% share, followed by Europe due to technological developments for effective diagnostics and rapidly aging population. However, Asia is slated to grow at a high CAGR of 5.2% over the analysis period. Improved spending capability and physicians inclination towards MR imaging over other conventional medical imaging modalities is fuelling demand for MRI across this region. Asia holds enormous growth potential, particularly from countries with large population base such as China and India. The demand is anticipated primarily from private hospitals compared to public hospitals. The adoption of MR imaging equipment market is also likely to grow owing to the rising incidences of cardiac diseases, neurological and oncological cases in the region.
Liquid helium, which has an extremely low boiling point of minus 452.07°F, is used for cooling the superconducting magnets of MR systems. A severe shortage in the availability of helium across the globe would affect significantly for MR OEMs. The prices for hospital-grade helium are anticipated to rise from 2013, leading to higher health-care costs or, in the worst scenario, the need for an alternative technique for cooling MRI machines.
Moreover, changing healthcare reforms from early 2013 in the U.S. also resulted in 20-25% reimbursement cuts for MRI, affecting the global clinical OEMS, physicians and healthcare payers. Nevertheless, once market barriers of tight R&D budgets, high costs of MRI scans and alternate cooling systems are resolved, the industry is expected to grow considerably. With technology developers exploring many new applications, especially those involving cardiac and breast imaging, it was inevitable that magnetic resonance imaging would evolve into a highly sophisticated medical imaging tool.
Scope of the Report
This research report evaluates the global market of magnetic resonance imaging by architecture, field strength, technology market, application, and geography. The report analyzes geography; forecasting revenues and trends in each of the following submarkets:
- Closed systems
- Open systems
- Low field strength systems
- Mid field strength systems
- High field strength systems
- MR Angiogram
- MR Venogram
- Functional MRI
- MR Spectroscopy
- Others -Fusion MR
- Whole Body MRI systems
- Interventional MRI systems
- MRI for Brain and Neurological disorder
- Breast MRI systems
- Cardiac MRI systems
- MR systems for Other applications such as -;Chest,Neck, Upper and Lower extremities
- North America
-- The U.S.
Each section provides market data, market drivers, trends and opportunities, top-selling products, key players, and competitive outlook. SHOW LESS READ MORE >
1.1 Key Take Aways
1.2 Report Scope & Segmentation
1.3 Research Methodology
1.4 Key Data Points From Secondary & Primary Resources
2 Executive Summary
3 MRI – Technology Snapshot
3.1 MRI Technology Overview
3.2 MRI Technology Evolution
3.3 Commercially Available Products
3.4 MRI Vs Conventional Imaging Modalities
3.5 Technology Segmentation
3.5.1 Technology Segmentation –By Architecture
3.5.2 Technology Segmentation – By Field Strengths
3.5.3 Technology Segmentation – By Technology
3.5.4 Technology Segmentation – By Rf Coils
3.6 MRI – Technology Trends
3.7 Technology Roadmap
3.8 Research Based Initiatives
4 MRI- Value Chain Analysis
4.1 Value Chain Analysis
4.2 MRI- Value Chain Analysis – By Porter’S Five Forces Model
4.3 Gap Analysis
5 MRI- Market Landscape Analysis
5.1 Global MRI Market
5.2 MRI Business Process
5.3 Global MRI Market – By Geography
5.4 Trend Analysis – Pricing & Installations
5.5 Factors Influencing Global MRI Market
5.5.1 Helium Shortage – Impact On MRI Market
5.6 MRI Systems Market, By Architecture
5.6.1 Closed MRI Systems Market
220.127.116.11 Global Closed MRI Systems Market –Market Dynamics
5.6.2 Open MRI Systems Market
18.104.22.168 Global Open MRI Systems Market –Market Dynamics
5.7 MRI Systems Market, By Field Strengths
5.7.1 Low To Mid-Field MRI Systems
5.7.2 High-Field MRI Systems
5.7.3 Very High-Field MRI Systems
5.8 MRI Systems Market, By Technology
5.8.1 Mr-Angiography (Mra)
5.8.2 Mr-Venography (Mrv)
5.8.3 Fusion MRI
5.8.4 Mr Spectroscopy (Mrs)
5.8.5 Other MRI Systems Market - By Technology
5.9 MRI Systems Market, By Applications
5.9.1 Whole Body MRI
5.9.2 MRI For Brain & Other Neurological Disorders
5.9.3 Breast MRI
5.9.4 Cardiac MRI
5.9.5 Interventional MRI
5.10 MRI Systems-Global Impact
6 Technology Adoption & Development Potential-Based On Geography
6.2 North America: U.S. & Canada
6.3 Europe: France, Germany & U.K.
6.4 Asia: China, Japan &India
6.5 Row: Australia, Brazil, Russia & Israel
7 Regulatory Landscape Analysis
7.2 Regulatory Landscape Analysis – By Region
7.3 Regulatory Landscape Analysis – By Country
8 Reimbursement Scenario
8.1 "Reimbursement Scenario For MRI"
9 Investment Analysis And Opportunities
9.1 Investment Analysis
9.2 Investor Network
9.3 Cost Vs. Benefit Analysis
9.4 Potential Investment Opportunities
10 Competitive Landscape Analysis
10.1 Competitive Landscape - Overview
10.2 Key Mergers & Acquisitions (2009 – 2013)
10.3 Key Partnerships/Collaborations/Agreements (2009 – 2013)
10.4 New Product Launches (2009 – 2013)
10.5 Other Developments (2009 – 2013)
11 Patent Analysis
11.1 Patent Analysis
11.2 Y-O-Y Patent Analysis
12 Key Company Profiles
12.1 Aurora Imaging Technology
12.2 Agilent Technologies, Inc.
12.3 Asg Superconductors S.P.A.
12.4 Advanced Imaging Research, Inc. Dba Sree Medical Systems
12.5 Bartington Instruments, Ltd.
12.6 Bayer Healthcare Pharmaceuticals
12.7 Biophan Technologies, Inc.
12.8 Bruker Biospin Gmbh
12.9 Doty Scientific, Inc.
12.10 Esaote S.P.A
12.11 Fonar Corporation
12.12 Ge Healthcare
12.13 Hitachi Medical Corporation
12.14 IMRIs, Inc.
12.15 Lmt Lammers Medical Technology Gmbh
12.16 Philips Healthcare
12.17 Shenzhen Basda Medical Apparatus Co. Ltd.
12.18 Siemens Healthcare
12.19 Toshiba Medical Systems Corporation
12.20 Insightec Ltd.
12.21 Mr Instruments, Inc.
12.22 Time Medical Systems
13 Appendix (Slide No. -190-206)
List Of Table (22 Tables)
Tab - 1 Global MRI Systems Market, By Geography, 2010 – 2018 ($Million)
Tab - 2 Global MRI Systems Market, By Geography, 2010 – 2018 (No. Of Installations)
Tab - 3 Global MRI Systems Market, By Architecture, 2010 – 2018 ($Billion)
Tab - 4 Closed MRI Systems Market, By Geography, 2010 – 2018 ($Million)
Tab - 5 Open MRI Systems Market, By Geography, 2010 – 2018 ($Million)
Tab - 6 Global MRI Systems Market, By Field Strength, 2010 – 2018 ($Million)
Tab - 7 Low To Mid-Field MRI Systems Market, By Geography, 2010 – 2018 ($Million)
Tab - 8 High-Field MRI Systems Market, By Geography, 2010 – 2018 ($Million)
Tab - 9 Very High-Field MRI Systems Market, By Geography, 2010 – 2018 ($Million)
Tab - 10 Global MRI Systems Market, By Technology, 2010 – 2018 ($Million)
Tab - 11 Mr Angiogram Market, By Geography, 2010 – 2018 ($Million)
Tab - 12 Mr Venogram Systems Market, By Geography, 2010 – 2018 ($Million)
Tab - 13 Functional MRI Systems Market, By Geography, 2010 – 2018 ($Million)
Tab - 14 Mr Spectroscopy Systems Market, By Geography, 2010 – 2018 ($Million)
Tab - 15 Other MRI Systems Market, By Geography, 2010 – 2018 ($Million)
Tab - 16 Global MRI Systems Market, By Application, 2010 – 2018 ($Million)
Tab - 17 Whole Body MRI Systems Market, By Geography, 2010 – 2018 ($Million)
Tab - 18 MRI Systems For Brain & Neurology Marke, By Geography, 2010 – 2018 ($Million)
Tab - 19 Breast MRI Systems Market, By Geography, 2010 – 2018 ($Million)
Tab - 20 Cardiac MRI Systems Market, By Geography, 2010 – 2018 ($Million)
Tab - 21 Interventional MRI Systems Market, By Geography, 2010 – 2018 ($Million)
Tab - 22 Other MRI Systems Applications Market, By Geography, 2010 – 2018 ($Million)
List Of Figure (43 Figures)
Fig - 1 Global MRI Market, By Architecture (2010 – 2018)
Fig - 2 Global MRI Market, By Application, 2010 – 2018 ($Million)
Fig - 3 Global MRI Market, By Field Strength, 2010 – 2018 ($Million)
Fig - 4 MRI Market, By Geography, 2010 – 2018 ($Million)
Fig - 5 MRI Market Growth Rate, By Geography (2013 – 2018)
Fig - 6 Global MRI Equipment Value Chain Analysis, By Manufacturers – 2013
Fig - 7 Porter’S Value Chain Analysis For MRI Market
Fig - 8 Global MRI Equipment Market, 2010 – 2018 ($Billion)
Fig - 9 Global MRI Equipment Market, 2013 – 2018 (No. Of Installations)
Fig - 10 Global MRI Market Share 2013, By Geography
Fig - 11 Global MRI Systems Market, By Geography, 2010 – 2018 ($Million)
Fig - 12 MRI Pricing Trend
Fig - 13 "Global MRI Systems Market, By Geography, 2010 – 2018 ($Million)"
Fig - 14 Factors Influencing Growth Of The MRI Market
Fig - 15 Global MRI Systems Market, By Architecture (2013)
Fig - 16 "Closed MRI Systems Market, By Geography (2013)"
Fig - 17 "Open MRI Systems Market, By Geography (2013)"
Fig - 18 "MRI Systems Market Share, By Field Strengths (2013)"
Fig - 19 "High Field Strengths MRI Market Share, By Geography (2013)"
Fig - 20 Very High-Field Strengths MRI Market Share, By Geography (2013)
Fig - 21 Global MRI Systems Market Share, By Technology (2013)
Fig - 22 Mr Angiography Market Share, By Geography (2013)
Fig - 23 "Mr Venography Market Share, By Geography (2013)"
Fig - 24 FMRI Market Share, By Geography (2013)
Fig - 25 "Mr Spectroscopy Market Share, By Geography (2013)"
Fig - 26 Other MRI Systems Market Share, By Technology (2013)
Fig - 27 Global MRI Market Share, By Applications (2013)
Fig - 28 Whole Body MRI Market Share, By Geography (2013)
Fig - 29 MRI For Neurology Market, By Geography (2013)
Fig - 30 Breast MRI Market Share, By Geography (2013)
Fig - 31 "Cardiac MRI Market Share, By Geography (2013)"
Fig - 32 Interventional MRI Market Share, By Geography (2013)
Fig - 33 Other MRI Systems Market Share, By Application (2013)
Fig - 34 Technology Adoption & Development Potential – By Geography
Fig - 35 MRI- Investor Network
Fig - 36 MRI Screening Procedures Worldwide
Fig - 37 Need For MRI Units Per Million Population, By Country
Fig - 38 MRI Potential Investment Analysis – Cost Vs. Benefits
Fig - 39 Global MRI Market Share, By Key Player (2013)
Fig - 40 Key Growth Strategies (2013)
Fig - 41 Indicative Share Of Global MRI Patents
Fig - 42 Patent Analysis, By Assignee
Fig - 43 Global MRI Patents, January 2006 To December 2012
Magnetic resonance imaging (MRI) is a noninvasive technology that exploits the use of magnetic fields and radio waves to generate anatomical images of the body. Technological advancements have led to innovations in MRI systems such as open MRI, high field strength MR systems, and dedicated MRI machines for wide range of applications in fields of oncology, neurology, and cardiology. Currently, research is being carried out to combine MR machines with other imaging modalities for achieving better image clarity. Though these dual modality MR imaging systems are still in the realm of research, they offer a great scope for medical diagnosis in the near future.
A major advantage of MR Imaging is that it does not use any ionizing radiation, unlike conventional imaging. Magnetic resonance imaging is non-invasive and offers exquisite clinical images, both functionally and anatomically, with better contrast of soft tissues and anatomical structures. Many diseases such as brain tumors and breast tumors are more readily apparent in MR images than CT or other conventional imaging modalities. The global MR Imaging market is estimated to be $4.13 billion, as of March 2013; it is poised to grow at a CAGR of 4.56% to reach approximately around $5.24 billion by 2018.
This market research report evaluates the global market of magnetic resonance imaging by architecture, field strength, technology, application, and geography. The market by architecture is further categorized as closed and open MRI systems; the field strength segment comprises low to mid-field strength, high field strength and very-high field strength MR systems, while the technology segment is classified as MR Angiogram, MR Venogram, functional MRI, MR Spectroscopy and Fusion MR. In addition, the application segment covers breast MRI, cardiac MRI, interventional MRI, whole body MRI and MRI for brain, and neurological disorders.
This research report covers in-depth market analysis of MR imaging based on architecture - open and closed systems providing market dynamics and opportunities for the coming five years. Closed systems account for the largest share of the total market in 2013. However open MR systems are anticipated to witness a high growth rate owing to rising demand by physician for claustrophobic and elder patients.
MR systems are used for musculoskeletal imaging, abdomen imaging, cardiovascular imaging, and breast imaging. Cardiac MRI, breast MRI, MRI for neurological applications are expected to capture significant market share in the next few years owing to rapidly aging population and rising cases of chronic disorders. The increasing applications in the field of angiography, cancer screening, breast screening, and neurology would certainly foster the growth of the market. Functional MRI remains a significant market, due to increasing number of research to study the human brain and brain disorders across the universities world-wide.
Key players in the market include GE Healthcare (U.K.), Hitachi Medical Systems (Japan), Philips Healthcare (The Netherlands), Siemens Healthcare (Germany), and Toshiba Medical Systems (Japan). The report profiles around 22 companies - leading magnet systems and RF coil manufacturers to clinical OEMs.
- Advanced Imaging Research, IncDba Sree Medical Systems
- Agilent Technologies, Inc
- Asg Superconductors SPA
- Aurora Imaging Technology
- Bartington Instruments, Ltd
- Bayer Healthcare Pharmaceuticals
- Biophan Technologies, Inc
- Bruker Biospin Gmbh
- Doty Scientific, Inc
- Esaote SPA
- Fonar Corporation
- Ge Healthcare
- Hitachi Medical Corporation
- IMRIs, Inc
- Insightec Ltd
- Lmt Lammers Medical Technology Gmbh
- Mr Instruments, Inc
- Philips Healthcare
- Shenzhen Basda Medical Apparatus CoLtd
- Siemens Healthcare
- Time Medical Systems
- Toshiba Medical Systems Corporation