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Analysis of the Medical Imaging Market in Selected ASEAN Countries 

  • December 2015
  • 92 pages
  • Frost & Sullivan
Report ID: 3487653

Summary

Table of Contents

Analysis of the Medical Imaging Market in Selected ASEAN Countries : Growth and Trends in CT, MR, PET, and SPECT Modalities

This research service provides an analysis of the medical imaging market in Indonesia, Malaysia, Singapore, and Thailand. It provides a detailed analysis of current trends, market size, revenue forecasts, and drivers and restraints for the computed tomography (CT), medical resonance (MR), Positron emission tomography (PET), and single-photon emission computed tomography (SPECT) segments. Market participants and key opinion leaders in related hospitals were interviewed to obtain their perceptions of trends and opportunities in the hospital industry. The study examines key companies to watch, and provides predictions about the market. The study period is from 2015 to 2020, with a base year of 2015.

Key Findings

Total Market Overview

-In 2015, ASEAN medical imaging market revenue was estimated at $ million—the sum of CT and MR revenue, with molecular imaging included in CT and MR packages.
-For the MR market alone, Indonesia makes up % of all the four countries (Indonesia, Thailand, Malaysia and Singapore) put together while making % for the CT market in ASEAN.
-High growth in Indonesia is focused in equipping their hospitals under the universal health coverage which drives the value systems, which also pushes private hospitals to differentiate, going for more premium equipment.
-In ASEAN CT and MR are becoming ubiquitous, while molecular imaging markets are still confined to oncology hospitals.

Competitive Landscape

There is change in the market share of the top three with Toshiba gaining ground. GE suffers the most, followed by Philips. Siemens market share however remains resilient to Toshiba’s gain.
-The major participants cover the entire range of CT, MR as well as molecular imaging, which consist mostly of PET/CT.
-Other market entrants like Neurologica and Dentom are focusing into the mobile imaging offering such as mobile CT that can be moved around the hospital setting.
-More companies such as eSaote are entering the open bore MRI, while the wide bore systems remain as the stronghold for the big brand names in MRI.

Key Questions This Study Will Answer

-How attractive is the medical imaging market?
-What are the future customer-related trends?
-How are the different imaging segments performing?
-What are the current business challenges in the imaging industry?
-What are the market drivers and restraints?
-What is the competitive landscape in ASEAN imaging?

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