Navigation Links
European Diagnostic Imaging System Market Will Grow Modestly To Almost $2.2 Billion In 2017
Date:2/14/2013

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.

(Logo: http://photos.prnewswire.com/prnh/20130103/MM36768LOGO)

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 (www.MRG.net), a Decision Resources Group company (www.DecisionResourcesGroup.com), 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 www.DecisionResourcesGroup.com.

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
781-993-2597
ccomfort@dresources.com

Alex Jablokow
Millennium Research Group
617-599-8613
ajablokow@mrg.net


'/>"/>
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:
*Name:
*Comment:
*Email:
(Date:12/2/2016)... WOONSOCKET, R.I. , Dec. 2, 2016 ... hold its annual Analyst Day in New York City on Thursday, December ... the CVS Health leadership team will provide an in-depth ... and enhance shareholder value. The company will also discuss ... audio and video webcast of the event will be ...
(Date:12/2/2016)... 2, 2016 Orthopedic Implants (Including Spinal ... Expected to Gain a Significant Market Share Owing to a ... ... According to a new report by ... Sterile Packaging: Clamshell Product Type Segment Projected to Witness a ...
(Date:12/2/2016)... N.J. , Dec. 2, 2016   CytoSorbents ... immunotherapy leader commercializing its European Union approved CytoSorb ... and cardiac surgery patients worldwide, announced that Dr. ... the 9th Annual LD Micro Main Event ... , 2016 at the Luxe Sunset Boulevard Hotel in ...
Breaking Medicine Technology:
(Date:12/2/2016)... ... , ... Mediaplanet is proud to announce the launch of ... treatments, therapeutic technologies, and revolutionized nutrition that are helping patients and physicians manage ... in the last 3 decades,” says Dr. Valentine Fuster, a world-renowned cardiologist. “This ...
(Date:12/2/2016)... ... , ... Rijuven Corp launches rejiva ( http://www.rejiva.com ), a unique wearable technology ... health technology on the market can deliver all that rejiva can. , “Rejiva promotes ... their health than the usual heart rate and steps taken”, adds Evens Augustin, CEO ...
(Date:12/2/2016)... ... December 02, 2016 , ... Today ... intelligent, connected applications, was named the best Sales Team of 2016 as part ... was made today by the Software & Information Industry Association (SIIA), the principal ...
(Date:11/30/2016)... ... , ... "I hate when the mixture of saliva and toothpaste runs down ... from Bridgewater, N.J. "I thought that there had to be a way to prevent ... patent-pending DEFLECTOR to prevent saliva and toothpaste from running down the brush handle onto ...
(Date:11/30/2016)... U.K. (PRWEB) , ... November 30, 2016 , ... ... address the tech functions and stylish design wanted by today’s consumers at an ... Cronovo Co-Founder Darin Philip says the new watch is “a game changer” when ...
Breaking Medicine News(10 mins):