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Adjunct Breast Imaging Market to Increase by Almost 28% per Year Through 2013
Date:8/7/2008

Radiologists expect dedicated breast MRIs to skyrocket over the next five

years, according to Millennium Research Group

WALTHAM, Mass., Aug. 7 /PRNewswire/ -- According to Millennium Research Group's (MRG) US Markets for Women's Health Imaging Systems 2008 report, the market for adjunct breast imaging systems -- covering breast magnetic resonance imaging (MRI) coils, dedicated breast MRI systems, and breast-specific gamma imaging (BSGI) systems -- will grow at a compound annual growth rate (CAGR) of almost 28% over the next five years.

Given the dramatic growth exhibited by these market segments, MRG conducted a survey of radiologists who regularly perform breast imaging procedures in order to gauge the future adoption of breast imaging modalities. The respondents showed a strong preference for breast MRI, particularly dedicated breast MRI, the fastest-growing market segment. On average, only 4% of breast imaging procedures employed MRI in 2008, yet almost all respondents expect this modality to be more heavily used by 2013, fueled by both falling procedure costs and improved image quality.

"Although we expected MRI to post a strong showing due to its proven clinical capabilities, it was surprising to see just how important radiologists expect dedicated breast MRI systems to become by 2013," says David Plow, Manager of MRG's Imaging division. "This trend is particularly enlightening when you consider the rankings other breast imaging modalities received when the respondents were asked to forecast system popularity five years out."

The US Markets for Women's Health Imaging Systems 2008 report provides coverage of all key industry competitors, including FUJIFILM Medical Systems, GE Healthcare, Hologic, Invivo Diagnostic Imaging, Philips Healthcare, Siemens Healthcare, and many more.

About Millennium Research Group

Millennium Research Group (http://www.MRG.net), a Decision Resources, Inc. company (http://www.DecisionResources.com), is the global authority on medical technology market intelligence and the leading provider of strategic information to the health care sector. The company provides specialized industry expertise through published reports, ongoing Marketrack(TM) projects, and customized solutions.

All company, brand, or product names contained in this document may be trademarks or registered trademarks of their respective holders.

For more information, contact:

Amy Krohn

Millennium Research Group

416-364-7776 x101

akrohn@mrg.net


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SOURCE Millennium Research Group
Copyright©2008 PR Newswire.
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