Medical Magnetic Resonance Imaging (MRI): Technologies and Global Markets
NEW YORK, June 1, 2011 /PRNewswire/ --Reportlinker.com announces that a new market research report is available in its catalogue:
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%.
REASONS FOR DOING THE STUDY
Medical imaging costs make up one of the fastest-growing components of overall healthcare costs, and medical resonance imaging (MRI) is one of the leading imaging technologies used by healthcare providers. Whether the imaging is done for dia