Navigation Links
European Diagnostic Imaging System Market Will Grow Modestly To Almost $2.2 Billion In 2017

TORONTO, Feb. 14, 2013 /PRNewswire/ -- According to Millennium Research Group (MRG), the global authority on medical technology market intelligence, the increasing elderly population and rising prevalence of unhealthy lifestyles in Europe will drive demand for diagnostic imaging procedures. Although the effects of the European debt crisis will continue to somewhat limit the market by delaying capital equipment purchases in the next few years, economic conditions will gradually recover after 2013. As aging systems are finally replaced and more facilities purchase high-end imaging systems, system revenues will accelerate, with the magnetic resonance imaging (MRI) and computed tomography (CT) system markets growing the fastest through 2017.


Higher-end systems are being acquired in these segments, particularly in the CT system market, because they offer advanced features and more accurate images. In addition to higher-quality images, facilities will also seek to purchase premium systems with better dose management features—an important consideration given the medical imaging community's ongoing focus on reducing radiation doses.

Similarly, the market will show an ongoing shift in preference for higher-end direct radiography (DR) X-ray systems as facilities try to become more efficient.  

"The shift to DR X-ray systems is somewhat of a double-edged sword," said MRG Analyst Felix Lam . "These premium systems are fueling revenues, but their efficiency in patient throughput also means that one DR system can replace multiple analog and computed radiography systems."

The European diagnostic imaging system market is led by multisegment vendors GE Healthcare, Siemens Healthcare and Philips Healthcare, which compete across multiple imaging modalities. The strength of these companies lies in their leading positions in the MRI and CT system markets, the critical segments for the near future.

Millennium Research Group's European Markets for Diagnostic Imaging Systems 2013 report includes unit, average selling price and revenue information, along with market drivers and limiters and a competitive landscape for ultrasound, MRI, X-ray, CT and nuclear medicine systems sold in France, Germany, Italy, Spain, and the United Kingdom.

About Millennium Research Group
Millennium Research Group (, a Decision Resources Group company (, is the global authority on medical technology market intelligence and the leading provider of strategic information to the healthcare sector. The company provides specialized industry expertise through multiclient market research, ongoing Marketrack™ projects, customer loyalty tracking, facility-level procedure forecasting, and customized solutions.

About Decision Resources Group
Decision Resources Group is a cohesive portfolio of companies that offers best-in-class, high-value information, and insights on important sectors of the healthcare industry. Clients rely on this analysis and data to make informed decisions. Please visit Decision Resources Group at

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

For more information, contact:

Christopher Comfort
Decision Resources Group

Alex Jablokow
Millennium Research Group

SOURCE Millennium Research Group
Copyright©2012 PR Newswire.
All rights reserved

Related medicine technology :

1. BHR Pharma Investigational Traumatic Brain Injury Treatment Receives European Medicines Agency Orphan Medicinal Product Designation
2. Immunotech Laboratories Receives $2M Funding Approval To Begin European Clinical Trials Testing For Companys Patented "IPF" HIV-AIDS Medicines
3. OrbusNeich Announces Favorable Ruling From the European Patent Office
4. European patient registry in venous thromboembolism (VTE) - PREFER in VTE - enrols first patient
5. European Markets for Orthopedic Trauma Devices
6. European Wound and Tissue Management Markets
7. European Markets for Minimally Invasive Spinal Devices
8. Neurocrine Biosciences Announces Additional European And United States Patents Issued On Proprietary VMAT2 Inhibitor
9. Prescription Eyewear Limited Extends Clear Leadership Position in Growing European Online Optical Market With Acquisition of Nordic Leader LensOn
10. PTC Therapeutics Announces European Medicines Agency Validation of Marketing Authorization Application for Ataluren in Duchenne Muscular Dystrophy
11. VWR International, LLC Expands European Portfolio With Acquisitions Of Labonord SAS And Switch BVBA
Post Your Comments:
(Date:6/23/2016)... -- Research and Markets has announced the addition ... - Forecast to 2022" report to their offering. ... to date financial data derived from varied research sources to ... potential impact on the market during the next five years, ... of sub markets, regional and country level analysis. The report ...
(Date:6/23/2016)... Research and Markets has announced the ... report to their offering. ... favourable commercial environment for MedImmune to enter. The US ageing ... serve to drive considerable growth for effective anti-influenza medications. The ... sales considerably, but development is still in its infancy. ...
(Date:6/23/2016)... , June 23, 2016 , ... on Thursday, July 7, 2016 , , , , LOCATION: ... , , , , EXPERT PANELISTS:  , , , ... Senior Industry Analyst, Christi Bird; Senior Industry Analyst, Divyaa Ravishankar and ... The global pharmaceutical industry is witnessing an exceptional era. ...
Breaking Medicine Technology:
(Date:6/25/2016)... ... June 25, 2016 , ... Experts from the ... AcademyHealth’s Annual Research Meeting June 26-28, 2016, at the Hynes Convention Center in ... topics including advance care planning, healthcare costs and patient and family engagement. , ...
(Date:6/25/2016)... ... June 25, 2016 , ... "With 30 hand-drawn hand gesture animations, FCPX ... Austin - CEO of Pixel Film Studios. , ProHand Cartoon’s package transforms over ... Cut Pro X . Simply select a ProHand generator and drag it above media ...
(Date:6/25/2016)... ... June 25, 2016 , ... Dr. Calvin Johnson has dedicated ... has implemented orthobiologic procedures as a method for treating his patients. The procedure ... doctors to perform the treatment. Orthobiologics are substances that orthopaedic surgeons use to ...
(Date:6/24/2016)... ... June 24, 2016 , ... A recent article published June ... with. The article goes on to state that individuals are now more comfortable seeking ... common operations such as calf and cheek reduction. The Los Angeles area medical group, ...
(Date:6/24/2016)... ... ... was in a crisis. Her son James, eight, was out of control. Prone to extreme ... “When something upset him, he couldn’t control his emotions,” remembers Marcy. “If there was ... other children and say he was going to kill them. If we were driving ...
Breaking Medicine News(10 mins):