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Analysis of the U.S. Magnetic Resonance Imaging (MRI) Systems Market

  • March 2013
  • 58 pages
  • Frost & Sullivan
Report ID: 1120892

Summary

Table of Contents

An Assessment and Outlook through 2016

This research service evaluates the U.S. MRI systems market during the 2008 to 2016 time period. It provides analyses of the less than or equal to 1.5 Tesla and 3.0 Tesla market segments at the total market and individual segment levels. Content in this research service includes market background, technology trends, market drivers and restraints, and competitive market share analyses. Based on these analyses are key market metrics estimated including: unit shipments, unit prices, and revenue. The forecast and estimates in this study specifically consider commercial shipments of new, whole-body MRI scanners that are approved for human diagnostic use.

•In the United States, magnetic resonance imaging (MRI) systems are most commonly used in neurological and musculoskeletal medicine for imaging of soft tissues in the spine, brain, and extremities.
•In 2011, 601 MRI systems were shipped to U.S. customers at an average selling price of approximately $X million, generating total revenue of $X million. Frost & Sullivan expects U.S. MRI systems market revenue to grow at a CAGR of X percent from 2011 to 2016, reaching $X million in 2016.
•MRI systems with a magnetic field strength of X Tesla or less accounted for X percent, or $X million, of total U.S. MRI systems market revenue in 2011. Frost & Sullivan expects revenue from sales of systems with a field strength of X Tesla or less in the United States to grow at a CAGR of X percent from 2011 to 2016, reaching $X million in 2016.
•Revenue from shipments of MRI systems with a magnetic field strength of X Tesla to U.S. customers was $Xmillion in 2011, accounting for X percent of total market revenue. Frost & Sullivan expects revenue from sales ofXTesla systems in the United States to grow at a CAGR of X percent from 2011 to 2016, reaching $X
•Frost & Sullivan expects the most impactful drivers and restraints of growth in the MRI systems market from 2012 to 2016 to be the replacement of a large existing installed base of MRI systems in the United States and continued declines in reimbursement for advanced imaging procedures such as MRI.
•In 2011, X vendors were actively offering whole-body MRI systems in the United States. Competitors contributing the highest proportions of revenue in the U.S. MRI systems market were Siemens Healthcare, GE Healthcare, and Philips Healthcare. Together, these three competitors generated Xpercent of total market revenue.

Key Questions Answered in this Study

Is annual revenue generated in the U.S. MRI systems market expected to return to pre-2009 levels by 2016?
What proportion of MRI system shipments do 3.0 Tesla scanners account for in the United States?
Will 3.0 Tesla scanners become a new standard of care in MRI by 2016?
Which competitors generated the most revenue in the total U.S. MRI systems market and within the - 1.5 Tesla and 3.0 Tesla market segments in 2011?
What were the average selling prices of - 1.5 Tesla and 3.0 Tesla MRI systems in the United States in 2011? How will these prices change from 2011 to 2016?

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