World Magnetic Resonance Imaging (MRI) Equipment Market

World Magnetic Resonance Imaging (MRI) Equipment Market

This report analyzes the worldwide markets for Magnetic Resonance Imaging (MRI) Equipment in Units and US$. The specific product segments analyzed are Closed MRI Systems, and Open MRI Systems.In Addition, the US Market for MRI Equipment is separately analyzed by the following segments categorized by magnetic field strength: Low & Mid-Field Systems, High Field Systems, and Very High-Field Systems. The report provides separate comprehensive analytics for the US, Canada, Japan, Europe, Asia-Pacific, Latin America, and Rest of World. Annual forecasts are provided for each region for the period of 2000 through 2015. The report profiles 51 companies including many key and niche players worldwide such as Esaote SPA, Fonar Corp., GE Healthcare, Hitachi Medical Corporation, IMRIS Inc., Medinus, Medtronic Surgical Navigation Technologies, Philips Healthcare, Siemens Medical Solutions, and Toshiba Medical Systems Corp. Market data and analytics are derived from primary and secondary research. Company profiles are mostly extracted from URL research and reported select online sources.

MAGNETIC RESONANCE IMAGING (MRI) EQUIPMENT MCP-3342
A GLOBAL STRATEGIC BUSINESS REPORT


CONTENTS

I. INTRODUCTION, METHODOLOGY & PRODUCT DEFINITIONS

Study Reliability and Reporting Limitations I-1
Disclaimers I-2
Data Interpretation & Reporting Level I-2
Quantitative Techniques & Analytics I-3
Product Definitions and Scope of Study I-3
Closed MRI Systems I-3
Open MRI Systems I-3
Low & Mid-Field Systems I-4
High Field Systems I-4
Very-High Field Systems I-4


II. EXECUTIVE SUMMARY

1. Global Market Overview and Analysis II-1
Magnetic Resonance Imaging Equipment: A Dynamic Market II-1
Market Overview II-1
Factors Affecting Penetration of MRI Equipment II-2
Growth Factors II-2
Market Challenges II-4
High Purchase Cost II-4
Shortage of Technologists and Radiologists II-4
Major Players in Global MRI Market II-4
Table 1: Leading Players in the Global MRI Equipment Market
(2002-2005): Market Share by Sales for GE Medical Systems,
Philips Medical Systems, Siemens Medical Solutions, and
Others (includes corresponding Graph/Chart) II-5
MRI Systems from Global Market Majors II-5
Geographic Landscape II-6
Table 2: Worldwide Ranking of Countries on the Basis of MRI
Scanners Per Million Population: 2004 (includes corresponding
Graph/Chart) II-6

Table 3: Worldwide Installed Base of MRI Equipment by Region:
2002 & 2004E (in Units) (includes corresponding Graph/Chart) II-7

2. MRI Equipment: Product Overview II-8
Evolution of MRI II-8
Specialized MRI Equipment for Operational Efficiency II-9
MRI for Operating Room II-9
Functioning of MRI Equipment II-9

3. Types of MRI Equipment II-11
MRI Equipment Types II-11
Whole-Body Scanners/ Closed MRI Systems II-11
Open MRI Systems II-11
Dedicated MRI II-13
MRI Equipment Classification based on Magnetic Strength II-13
Advantages of High Field Strength Magnets Over Low Field
Strength Magnets II-14
MRI Magnet: Key Component of MRI System II-14
Impact of New Magnet Technology on MRI System II-15
Magnetic Field Gradient: Vital Component of Magnetic Resonance
Imaging System II-15
Specialized RF Coils II-15
Open Magnetic Resonance Imaging Systems: II-15
Table 4: Select Mid, High Field Open Systems II-16
Table 5: Select Low Field Opens II-16

4. Utilities of MRI Equipment II-17
Advantages of MRI Systems II-17
Safety Aspects II-17
Table 6: MRI Costs II-17
Clinical Applications of MRI II-18
Table 7: MRI Usage by Application Area: 1990, 2002, 2004
(includes corresponding Graph/Chart) II-19
New Areas of Application II-19
MRI Portrays Anatomy of the Prospective Kidney Donor Accurately II-19
Detection of Re-Narrowed Heart Arteries II-20
Injection of Corticosteroid Directly into the Sacroiliac
Joints (SIJ) II-20
Breast MRI Gaining Popularity as a Diagnostic Tool II-20
Destruction of Fibroid Tumors of the Uterus II-20
Early Stage Detection of Alzheimer's II-21
Functional MRI II-21
fMRI in Clinical Settings II-21
Challenges to fMRI II-22

5. Very High Field Systems - Redefining Efficiency II-23
3T Scanner Changes Imaging Landscape II-23
Promising Areas of 3T Scanners II-23
1.5T Systems Bow to the New 3T Scanners II-24
3T Systems on the Roll Out II-24
7.0 Tesla - On the Verge II-25
Capabilities of 7T II-26
Concerns over Use of 7T II-26
9.4 Tesla- The Next On Roll II-27

6. Competitive Imaging Technologies II-28
X-Ray II-28
Ultrasound II-28
Computed tomography (CT) II-28
Spiral CT II-29
PET and SPECT II-29
Nuclear medicine II-29
MRI Compared with Other Imaging Options II-30
Technical Performance II-30
Safety II-30
Comparison of MRI Against Other Imaging Modalities II-30
Clinical Usefulness, Costs, & Availability II-31
Therapeutic Capabilities II-31
Contra-indications for MRI scanning II-31

7. Regulatory Environment II-32
FDA Laws Governing MRI Systems II-32

8. Product & Technology Focus -Developments/ Launches II-34
Toshiba Gains FDA Approval for Vantage Titan™ MR System II-34
Samcil Unveils New Open MRI Equipment II-34
Toshiba Unveils Advanced 3T MR System II-34
Siemens Gains 510(k) Approval for 1.5 Tmagnetom Essenza MRI
System II-34
FONAR Develops New Radiation-Free Diagnosis for Scoliosis II-35
Aurora Introduces Mobile Breast MRI II-35
ONI Medical Systems Unveils MSK Extreme II-35
Fonar Renames Upright MRI II-35
MEDRAD Develops Certo MR Wireless Network II-36
Toshiba Receives FDA Approval for New MR Imaging System II-36
Aurora Imaging Technology to Launch New MRI System in China II-36
Esaote Unveils G-scan MRI System II-36
New Innovations from Siemens II-36
Enhanced Product Offerings from Toshiba II-37
Millennium Technology ’s Virgo™ Patent Registered II-37
Siemens Introduces Magnetom C II-37
TOSHIBA Introduces New Optimized Cardiac Configuration II-37
GE Healthcare Unveils New MR Scanners II-38
Hitachi Releases Echelon 1.5T MR Imager II-38
New MRI Applications from Siemens II-38
MRI for Extremities - Creating a Niche II-39
Magnetom Espree - A New Dimension in Magnetic Resonance Imaging II-39
GE Receives FDA Approval for Advanced EXCITE Technology II-39
Siemens Introduces MAGNETOM Trio II-39
Vantage MRI System with Imaging Capabilities for
Cardiovascular Studies II-40
GEMS Inflates Ultra-High Field MR Research Network II-40
Imaging Techniques to Swell Excite Technology in GE Signa MR
Systems II-41
Signa Openspeed MRI Systems Available on Excite Platform II-41
Siemens Launches Novel MR Technology II-41
Siemens Unveils New Technology for CMR Imaging II-41
Toshiba Expands Clinical Capabilities With Ultra Open MRI II-42
GE Medical Invents New Imaging Technology II-42
Philips Medical Systems Receives FDA Approval for Intera 3.0 T
MR Scanner II-42

9. Recent Research Development and Solutions II-43
2005-06 II-43
New MRI Technology for Brain Imaging II-43
Innovation of Fat Minimization MRI Systems II-43
Development of Biocompatible Magnetite Nanocrystals II-43
New MRI Technique to Support Stroke Medication II-43
Development of 128-Channel Prototype MRI System II-44
2004-05 II-44
Biophan Technologies Issues Two Patents for Competitive
Advantage in MRI II-44
Nanomagnetic Particles to Enhance MRI II-44
Confirma Extends CAD stream System for Breast MRI II-45
EMI Filter for Magnetic Resonance Imaging II-45
Medrad Launches Veris ™ Magnetic Resonance Monitor II-45
UNH Professor Introduces Innovative MRI Technology II-46
2000-2003 II-46
High-temp Superconductors Enhance MRI Image Quality II-46
Low-Temperature Superconductors Give Way to Magnesium-
diboride Superconductors II-46
Intraoperative MRI Systems- A Dream Come True II-46
New Hybrid Permanent Magnet Assembly to Reduce the Weight of
MRI Machines II-47
Swiss Rolls to Improve Performance of MRI Systems II-47
Development of a Compact MRI System II-47
New Pacemaker to Enable Cardiac Patients to Undergo MRI II-48

10. Recent Industry Activity II-49
Capital Health Purchases IMRISneuro MRI System II-49
Philips and SJMC in Supply Agreement II-49
FONAR Bags Order from Health Diagnostics II-49
Private Equity Firms Acquire 49% Stake in Alliance Imaging II-49
RadNet Takes Over Liberty Imaging II-49
GE Yokogawa and Japanese Researchers to Develop 3-D MRI
Technology II-50
Medtronic Acquires Odin Medical II-50
Philips Acquires Intermagnetics General Corp II-50
Siemens and IMRIS Sign OEM Deal II-50
Biophan to Team Up with Siemens AG II-50
Fonar Corp. Receives Contract from DSCP II-51
Philips Bags Supply Order for 7.0-T MR Systems II-51
USFDA Approval for Excelart Vantage ZGV MRI System II-51
Biophan Technologies Acquires AMRIS II-51
Novoste Corp Signs an Agreement with ONI, Inc. II-52
Esaote Signs a Deal with Hologic II-52
HMSA Enters into an Agreement with Novation II-52
ONI Medical Systems Bags Supply Contract from US Defense
Department II-52
Fonar Corp Signs a Pact with MAGNET Inc. II-52
Intermagnetics to Expand Production Capacity II-53
Fonar Corp Ventures into Middle East Market II-53
Philips, Siemens Market HF-MRI Systems in Japan II-53
Philips and Neusoft Venture into Medical Systems II-53
Intermagnetics Acquires MRI Devices Corp II-53
Hitachi Medical Systems America and Hitachi Canada Partner for
MRI Sales II-54
Varian Acquires MAGNEX Scientific II-54
GE Pockets Amersham Plc II-54

11. Focus on Global Players II-55
Esaote SPA (Italy) II-55
Fonar Corp. (USA) II-55
GE Healthcare (UK) II-56
Hitachi Medical Corporation (Japan) II-57
IMRIS Inc. (Canada) II-57
Medinus (South Korea) II-57
Medtronic Surgical Navigation Technologies (USA) II-57
Philips Healthcare (USA) II-58
Siemens Medical Solutions (Germany) II-59
Toshiba Medical Systems Corp. (Japan) II-59

12. Global Market Perspective II-60
A. Unit Analytics II-60
Table 8: World Recent Past, Current & Future Analysis for
Magnetic Resonance Imaging Equipment by Geographic Region -
US, Canada, Japan, Europe, Asia-Pacific (excluding Japan),
Latin America and Rest of World Markets Independently
Analyzed with Annual Sales Figures in Units for Years 2000
through 2010 (includes corresponding Graph/Chart) II-60

Table 9: World Long Term Projections for Magnetic Resonance
Imaging Equipment by Geographic Region - US, Canada, Japan,
Europe, Asia-Pacific (excluding Japan), Latin America and
Rest of World Markets Independently Analyzed with Annual
Sales Figures in Units for Years 2011 through 2015 (includes
corresponding Graph/Chart) II-61

Table 10: World 10-Year Perspective for Magnetic Resonance
Imaging Equipment by Geographic Region - Percentage Breakdown
of Volume Sales for US, Canada, Japan, Europe, Asia-Pacific
(excluding Japan), Latin America and Rest of World Markets
for Years 2003, 2008 & 2012 (includes corresponding
Graph/Chart) II-62
By Segment II-63
Table 11: World Recent Past, Current & Future Analysis for
Closed MRI Systems by Geographic Region - US, Canada, Japan,
Europe, Asia-Pacific (excluding Japan), Latin America and
Rest of World Markets Independently Analyzed with Annual
Sales Figures in Units for Years 2000 through 2010 (includes
corresponding Graph/Chart) II-63

Table 12: World Long Term Projections for Closed MRI Systems
by Geographic Region - US, Canada, Japan, Europe,
Asia-Pacific (excluding Japan), Latin America and Rest of
World Markets Independently Analyzed with Annual Sales
Figures in Units for Years 2011 through 2015 (includes
corresponding Graph/Chart) II-64

Table 13: World 10-Year Perspective for Closed MRI Systems by
Geographic Region - Percentage Breakdown of Volume Sales for
US, Canada, Japan, Europe, Asia-Pacific (excluding Japan),
Latin America and Rest of World Markets for Years 2003, 2008 &
2012 (includes corresponding Graph/Chart) II-65

Table 14: World Recent Past, Current & Future Analysis for
Open MRI Systems by Geographic Region - US, Canada, Japan,
Europe, Asia-Pacific (excluding Japan), Latin America and
Rest of World Markets Independently Analyzed with Annual
Sales Figures in Units for Years 2000 through 2010 (includes
corresponding Graph/Chart) II-66

Table 15: World Long Term Projections for Open MRI Systems by
Geographic Region - US, Canada, Japan, Europe, Asia-Pacific
(excluding Japan), Latin America and Rest of World Markets
Independently Analyzed with Annual Sales Figures in Units for
Years 2011 through 2015 (includes corresponding Graph/Chart) II-67

Table 16: World 10-Year Perspective for Open MRI Systems by
Geographic Region - Percentage Breakdown of Volume Sales for
US, Canada, Japan, Europe, Asia-Pacific (excluding Japan),
Latin America and Rest of World Markets for Years 2003, 2008 &
2012 (includes corresponding Graph/Chart) II-68
B. Dollar Analytics II-69
Table 17: World Recent Past, Current & Future Analysis for
Magnetic Resonance Imaging Equipment by Geographic Region -
US, Canada, Japan, Europe, Asia-Pacific (excluding Japan),
Latin America and Rest of World Markets Independently
Analyzed with Annual Sales Figures in US$ Million for Years
2000 through 2010 (includes corresponding Graph/Chart) II-69

Table 18: World Long Term Projections for Magnetic Resonance
Imaging Equipment by Geographic Region - US, Canada, Japan,
Europe, Asia-Pacific (excluding Japan), Latin America & Rest
of World Markets Independently Analyzed with Annual Sales
Figures in US$ Million for Years 2011 through 2015 (includes
corresponding Graph/Chart) II-70

Table 19: World 10-Year Perspective for Magnetic Resonance
Imaging Equipment by Geographic Region - Percentage Breakdown
of Dollar Sales for US, Canada, Japan, Europe, Asia-Pacific
(excluding Japan), Latin America and Rest of World Markets
for Years 2003, 2008 & 2012 (includes corresponding
Graph/Chart) II-71
By Segment II-72
Table 20: World Recent Past, Current & Future Analysis for
Closed MRI Systems by Geographic Region - US, Canada, Japan,
Europe, Asia-Pacific (excluding Japan), Latin America and
Rest of World Markets Independently Analyzed with Annual
Sales Figures in US$ Million for Years 2000 through 2010
(includes corresponding Graph/Chart) II-72

Table 21: World Long Term Projections for Closed MRI Systems
by Geographic Region - US, Canada, Japan, Europe,
Asia-Pacific (excluding Japan), Latin America and Rest of
World Markets Independently Analyzed with Annual Sales
Figures in US$ Million for Years 2011 through 2015 (includes
corresponding Graph/Chart) II-73

Table 22: World 10-Year Perspective for Closed MRI Systems by
Geographic Region - Percentage Breakdown of Dollar Sales for
US, Canada, Japan, Europe, Asia-Pacific (excluding Japan),
Latin America and Rest of World Markets for Years 2003, 2008 &
2012 (includes corresponding Graph/Chart) II-74

Table 23: World Recent Past, Current & Future Analysis for
Open MRI Systems by Geographic Region - US, Canada, Japan,
Europe, Asia-Pacific (excluding Japan), Latin America and
Rest of World Markets Independently Analyzed with Annual
Sales Figures in US$ Million for Years 2000 through 2010
(includes corresponding Graph/Chart) II-75

Table 24: World Long Term Projections for Open MRI Systems by
Geographic Region - US, Canada, Japan, Europe, Asia-Pacific
(excluding Japan), Latin America and Rest of World Markets
Independently Analyzed with Annual Sales Figures in US$
Million for Years 2011 through 2015 (includes corresponding
Graph/Chart) II-76

Table 25: World 10-Year Perspective for Open MRI Systems by
Geographic Region - Percentage Breakdown of Dollar Sales for
US, Canada, Japan, Europe, Asia-Pacific (excluding Japan),
Latin America and Rest of World Markets for Years 2003, 2008 &
2012 (includes corresponding Graph/Chart) II-77


III. MARKET

1. The United States III-1
A.Market Analysis III-1
Dollar Analysis III-1
Unit Analysis III-1
Changing Technological Scenario III-2
Installed Base & Procedural Volumes III-2
Table 26: Installed Base of MRI Units in the US: 2001 -2009
(includes corresponding Graph/Chart) III-3

Table 27: Number of MRI Procedures Conducted in the US:
Estimates and Projections for the Years 2001 (includes
corresponding Graph/Chart) III-3

Table 28: Percentage of Population in terms of Age Group in
the US (includes corresponding Graph/Chart) III-4

Table 29: Population of the Elderly in the US (in
Millions): Population of 50-54, 55-59, 60-64, 65-69 and
70-74 AgeGroups for 2001), 2006, and 2011(E) (includes
corresponding Graph/Chart) III-4
US Market for Low & Mid-Field MRI Systems III-4
Select Low & Mid-Field MRI Systems from Major Players III-5
Competitive Scenario III-5
Market Drivers and Restrains III-5
Leading Players III-5
Table 30: Leading Players in the US MRI Equipment Market
(2005 & 2006): Market Share by Value Sales for Philips
Medical Systems, GE Healthcare, Siemens Medical Solutions,
and Others (includes corresponding Graph/Chart) III-6

Table 31: Leading Players in the US Low & Mid-Field MRI
Equipment Market (2005 & 2006): Market Share by Value
Sales for Philips Medical Systems, GE Healthcare, Toshiba
America Medical Systems, Hitachi Medical Systems America
and Others (includes corresponding Graph/Chart) III-6

Table 32: Leading Players in the US High-Field MRI
Equipment Market (2005 & 2006): Market Share by Value
Sales for Philips Medical Systems, Toshiba America Medical
Systems GE Healthcare, Siemens Medical Solutions, and
Others (includes corresponding Graph/Chart) III-7

Table 33: Leading Players in the US Very High-Field MRI
Equipment Market (2005): Market Share by Value Sales for
Philips Medical Systems, Siemens Medical Solutions, and GE
Healthcare (includes corresponding Graph/Chart) III-7

Table 34: Leading Players in the US Open MRI Equipment
Market (2002-2005): Market Share byValue Sales for Hitachi
Medical Systems, GE Healthcare, Toshiba America Medical
Systems, Fonar, and Others (includes corresponding
Graph/Chart) III-8

Table 35: Leading Players in the US Closed MRI Equipment
Market (2002-2005): Market Share by Value Sales for GE
Healthcare, Siemens Medical Solutions, Philips Medical
Systems, sand Others (includes corresponding Graph/Chart) III-8
The US Healthcare Market: An Overview III-9
Reimbursement III-9
Table 36: Medicare Reimbursements for Brain MRI Procedures
for the Year 2006 III-10
Table 37: Medicare Reimbursements for Breast MRI Procedures
for the Year 2006 III-11
Product and Technology Developments/Launches III-11
Strategic Corporate Developments III-18
Other Developments III-21
Key Players III-22
Fonar Corp. III-22
Medtronic Surgical Navigation Technologies III-23
Philips Healthcare III-23
Toshiba America Medical Systems, Inc. (TAMS) III-24
B.Market Analytics III-25
Unit Analytics III-25
Table 38: US Recent Past, Current & Future Analysis for
Magnetic Resonance Imaging Equipment by Product Segment -
Low & Mid-Field MRI Systems, High-Field MRI Systems, and
Very High-Field Systems Markets Independently Analyzed with
Annual Sales Figures in Units for Years 2000 through 2010
(includes corresponding Graph/Chart) III-25

Table 39: US Long Term Projections for Magnetic Resonance
Imaging Equipment by Product Segment - Low & Mid-Field MRI
Systems, High-Field MRI Systems, and Very High-Field
Systems Markets Independently Analyzed with Annual Sales
Figures in Units for Years 2011 through 2015 (includes
corresponding Graph/Chart) III-25

Table 40: US Recent Past, Current & Future Analysis for
Magnetic Resonance Imaging Equipment by Product Segment -
Closed MRI Systems and Open MRI Systems Markets
Independently Analyzed with Annual Sales Figures in Units
for Years 2000 through 2010 (includes corresponding
Graph/Chart) III-26

Table 41: US Long Term Projections for Magnetic Resonance
Imaging Equipment by Product Segment - Closed MRI Systems
and Open MRI Systems Markets Independently Analyzed with
Annual Sales Figures in Units for Years 2011 through 2015
(includes corresponding Graph/Chart) III-26

Table 42: US 10-Year Perspective for Magnetic Resonance
Imaging Equipment by Product Segment - Percentage Breakdown
of Volume Sales for Low & Mid-Field MRI Systems, High-Field
MRI Systems, and Very High-Field Systems Markets for 2003,
2008 & 2012 (includes corresponding Graph/Chart) III-27

Table 43: US 10-Year Perspective for Magnetic Resonance
Imaging Equipment by Product Segment - Percentage Breakdown
of Volume Sales for Closed MRI Systems and Open MRI Systems
Markets for 2003, 2008 & 2012 III-27
Dollar Analytics III-28
Table 44: US Recent Past, Current & Future Analysis for
Magnetic Resonance Imaging Equipment by Product Segment -
Low & Mid-Field MRI Systems, High-Field MRI Systems, and
Very High-Field Systems Markets Independently Analyzed with
Annual Sales Figures in US$ Million for Years 2000 through
2010 (includes corresponding Graph/Chart) III-28

Table 45: US Long Term Projections for Magnetic Resonance
Imaging Equipment by Product Segment - Low & Mid-Field MRI
Systems, High-Field MRI Systems, and Very High-Field
Systems Markets Independently Analyzed with Annual Sales
Figures in US$ Million for Years 2011 through 2015
(includes corresponding Graph/Chart) III-28

Table 46: US Recent Past, Current & Future Analysis for
Magnetic Resonance Imaging Equipment by Product Segment
-Closed MRI Systems and Open MRI Systems Markets
Independently Analyzed with Annual Sales Figures in US$
Million for Years 2000 through 2010 (includes corresponding
Graph/Chart) III-29

Table 47: US Long Term Projections for Magnetic Resonance
Imaging Equipment by Product Segment -Closed MRI Systems
and Open MRI Systems Markets Independently Analyzed with
Annual Sales Figures in US$ Million for Years 2011 through
2015 (includes corresponding Graph/Chart) III-29

Table 48: US 10-Year Perspective for Magnetic Resonance
Imaging Equipment by Product Segment - Low & Mid-Field MRI
Systems, High-Field MRI Systems, and Very High-Field
Systems Percentage Breakdown of Dollar Sales for Markets
for 2003, 2008 & 2012 (includes corresponding Graph/Chart) III-30

Table 49: US 10-Year Perspective for Magnetic Resonance
Imaging Equipment by Product Segment - Percentage Breakdown
of Dollar Sales for Closed MRI Systems and Open MRI Systems
Markets for 2003, 2008 & 2012 III-30

2. Canada III-31
A.Market Analysis III-31
Demographics III-31
Table 50: Canadian Population Statistics by Age Group:
2007E (Includes Corresponding Graph/Chart) III-31
MRI Market Overview III-31
Table 51: Canadian Market for MRI Equipment (2004):
Percentage Breakdown of Outpatient Scans by Type (includes
corresponding Graph/Chart) III-32
Healthcare Market in Canada III-32
Strategic Corporate Developments III-32
Key Players III-33
IMRIS III-33
Millennium Technology Inc. III-33
B.Market Analytics III-34
Unit Analytics III-34
Table 52: Canadian Recent Past, Current & Future Analysis
for Magnetic Resonance Imaging Equipment by Product Segment
- Closed MRI Systems and Open MRI Systems Markets
Independently Analyzed with Annual Sales Figures in Units
for Years 2000 through 2010 (includes corresponding
Graph/Chart) III-34

Table 53: Canadian Long Term Projections for Magnetic
Resonance Imaging Equipment by Product Segment - Closed MRI
Systems and Open MRI Systems Markets Independently Analyzed
with Annual Sales Figures in Units for Years 2011 through
2015 (includes corresponding Graph/Chart) III-34

Table 54: Canadian 10-Year Perspective for Magnetic
Resonance Imaging Equipment by Product Segment - Percentage
Breakdown of Volume Sales for Closed MRI Systems and Open
MRI Systems Markets for 2003, 2008 & 2012 III-35
Dollar Analytics III-36
Table 55: Canadian Recent Past, Current & Future Analysis
for Magnetic Resonance Imaging Equipment by Product Segment -
Closed MRI Systems and Open MRI Systems Markets
Independently Analyzed with Annual Sales Figures in US$
Million for Years 2000 through 2010 (includes corresponding
Graph/Chart) III-36

Table 56: Canadian Long Term Projections for Magnetic
Resonance Imaging Equipment by Product Segment -Closed MRI
Systems and Open MRI Systems Markets Independently Analyzed
with Annual Sales Figures in US$ Million for Years 2011
through 2015 (includes corresponding Graph/Chart) III-36

Table 57: Canadian 10-Year Perspective for Magnetic
Resonance Imaging Equipment by Product Segment - Percentage
Breakdown of Dollar Sales for Closed MRI Systems and Open
MRI Systems Markets for 2003, 2008 & 2012 III-37

3. Japan III-38
A.Market Analysis III-38
Leading Players III-38
Table 58: Leading Players in the Japanese MRI Equipment
Market (2004 -2005): Market Share by Value Sales for GE
Yokogawa Medical Systems, Toshiba, Siemens-Asahi Medical
Technologies, and Others (includes corresponding
Graph/Chart) III-39
Philips, Siemens Market HF-MRI Systems in Japan III-39
Demographics and Healthcare III-39
Medical Equipment Market III-40
Key Player Profiles III-40
Hitachi Medical Corporation III-40
Toshiba Medical Systems Corp. III-41
B.Market Analytics III-41
Unit Analytics III-41
Table 59: Japanese Market for MRI Equipment- Japanese
Recent Past, Current & Future Analysis for Magnetic
Resonance Imaging Equipment by Product Segment - Closed MRI
Systems and Open MRI Systems Markets Independently Analyzed
with Annual Sales Figures in Units for Years 2000 through
2010 (includes corresponding Graph/Chart) III-41

Table 60: Japanese Long Term Projections for Magnetic
Resonance Imaging Equipment by Product Segment - Closed MRI
Systems and Open MRI Systems Markets Independently Analyzed
with Annual Sales Figures in Units for Years 2011 through
2015 (includes corresponding Graph/Chart) III-42

Table 61: Japanese 10-Year Perspective for Magnetic
Resonance Imaging Equipment by Product Segment - Percentage
Breakdown of Volume Sales for Closed MRI Systems and Open
MRI Systems Markets for 2003, 2008 & 2012 III-42
Dollar Analytics III-43
Table 62: Japanese Recent Past, Current & Future Analysis
for Magnetic Resonance Imaging Equipment by Product Segment
-Closed MRI Systems and Open MRI Systems Markets
Independently Analyzed with Annual Sales Figures in US$
Million for Years 2000 through 2010 (includes corresponding
Graph/Chart) III-43

Table 63: Japanese Long Term Projections for Magnetic
Resonance Imaging Equipment by Product Segment -Closed MRI
Systems and Open MRI Systems Markets Independently Analyzed
with Annual Sales Figures in US$ Million for Years 2011
through 2015 (includes corresponding Graph/Chart) III-43

Table 64: Japanese 10-Year Perspective for Magnetic
Resonance Imaging Equipment by Product Segment - Percentage
Breakdown of Dollar Sales for Closed MRI Systems and Open
MRI Systems Markets for 2003, 2008 & 2012 III-44

4. Europe III-45
A.Market Analysis III-45
Table 65: Leading Players in the European MRI Equipment
Market (2005): Percentage Breakdown of Market Share by Major
Players - Philips, GE Healthcare, Siemens and Others
(includes corresponding Graph/Chart) III-45

Table 66: Installed Base of MRI Equipment in Europe by
Country/Region: 2004E (in Units) (includes corresponding
Graph/Chart) III-46
Mobile Imaging Units in Demand III-46
Product/Technology Developments III-47
Strategic Corporate Developments III-47
B.Market Analytics III-48
Unit Analytics III-48
Table 67: European Recent Past, Current & Future Analysis
for Magnetic Resonance Imaging Equipment by Geographic
Region - France, Germany, Italy, UK, Spain, & Rest of
Europe Markets Independently Analyzed with Annual Sales
Figures in Units for Years 2000 through 2010 (includes
corresponding Graph/Chart) III-48

Table 68: European Long Term Projections for Magnetic
Resonance Imaging Equipment by Geographic Region - France,
Germany, Italy, UK, Spain, & Rest of Europe Markets
Independently Analyzed with Annual Sales Figures in Units
for Years 2011 through 2015 (includes corresponding
Graph/Chart) III-48

Table 69: European Recent Past, Current & Future Analysis
for Magnetic Resonance Imaging Equipment by Product Segment -
Closed MRI Systems and Open MRI Systems Markets
Independently Analyzed with Annual Sales Figures in Units
for Years 2000 through 2010 (includes corresponding
Graph/Chart) III-49

Table 70: European Long Term Projections for Magnetic
Resonance Imaging Equipment by Product Segment - Closed MRI
Systems & Open MRI Systems Markets Independently Analyzed
with Annual Sales Figures in Units for Years 2011 through
2015 (includes corresponding Graph/Chart) III-49

Table 71: European 10-Year Perspective for Magnetic
Resonance Imaging Equipment by Geographic Region -
Percentage Breakdown of Volume Sales for France, Germany,
Italy, UK, Spain, & Rest of Europe Markets for Years 2003,
2008 & 2012 (includes corresponding Graph/Chart) III-50

Table 72: European 10-Year Perspective for Magnetic
Resonance Imaging Equipment by Product Segment - Percentage
Breakdown of Volume Sales for Closed MRI Systems and Open
MRI Systems Markets for 2003, 2008 & 2012 III-50
Dollar Analytics III-51
Table 73: European Recent Past, Current & Future Analysis
for Magnetic Resonance Imaging Equipment by Geographic
Region - France, Germany, Italy, UK, Spain, & Rest of
Europe Markets Independently Analyzed with Annual Sales
Figures in US$ Million for Years 2000 through 2010
(includes corresponding Graph/Chart) III-51

Table 74: European Long Term Projections for Magnetic
Resonance Imaging Equipment by Geographic Region - France,
Germany, Italy, UK, Spain, & Rest of Europe Markets
Independently Analyzed with Annual Sales Figures in US$
Million for Years 2011 through 2015 (includes corresponding
Graph/Chart) III-52

Table 75: European Recent Past, Current & Future Analysis
for Magnetic Resonance Imaging Equipment by Product Segment -
Closed MRI Systems and Open MRI Systems Markets
Independently Analyzed with Annual Sales Figures in US$
Million for Years 2000 through 2010 (includes corresponding
Graph/Chart) III-53

Table 76: European Long Term Projections for Magnetic
Resonance Imaging Equipment by Product Segment -Closed MRI
Systems and Open MRI Systems Markets Independently Analyzed
with Annual Sales Figures in US$ Million for Years 2011
through 2015 (includes corresponding Graph/Chart) III-53

Table 77: European 10-Year Perspective for Magnetic
Resonance Imaging Equipment by Geographic Region -
Percentage Breakdown of Dollar Sales for France, Germany,
Italy, UK, Spain, & Rest of Europe Markets for Years 2003,
2008 & 2012 (includes corresponding Graph/Chart) III-54

Table 78: European 10-Year Perspective for Magnetic
Resonance Imaging Equipment by Product Segment - Percentage
Breakdown of Dollar Sales for Closed MRI Systems and Open
MRI Systems Markets for 2003, 2008 & 2012 III-54

4a. France III-55
A.Market Analysis III-55
Demographics III-55
Table 79: French Population Statistics by AgeGroup: 2007 (
includes correspondingGraph/Chart) III-55
Medical Equipment Market: An Overview III-55
B.Market Analytics III-56
Unit Analytics III-56
Table 80: French Recent Past, Current & Future Analysis for
Magnetic Resonance Imaging Equipment by Product Segment -
Closed MRI Systems and Open MRI Systems Markets
Independently Analyzed with Annual Sales Figures in Units
for Years 2000 through 2010 (includes corresponding
Graph/Chart) III-56

Table 81: French Long Term Projections for Magnetic
Resonance Imaging Equipment by Product Segment - Closed MRI
Systems and Open MRI Systems Markets Independently Analyzed
with Annual Sales Figures in Units for Years 2011 through
2015 (includes corresponding Graph/Chart) III-56

Table 82: French 10-Year Perspective for Magnetic Resonance
Imaging Equipment by Product Segment - Percentage Breakdown
of Volume Sales for Closed MRI Systems and Open MRI Systems
Markets for 2003, 2008 & 2012 III-57
Dollar Analytics III-58
Table 83: French Recent Past, Current & Future Analysis for
Magnetic Resonance Imaging Equipment by Product Segment -
Closed MRI Systems and Open MRI Systems Markets
Independently Analyzed with Annual Sales Figures in US$
Million for Years 2000 through 2010 (includes corresponding
Graph/Chart) III-58

Table 84: French Long Term Projections for Magnetic
Resonance Imaging Equipment by Product Segment -Closed MRI
Systems and Open MRI Systems Markets Independently Analyzed
with Annual Sales Figures in US$ Million for Years 2011
through 2015 (includes corresponding Graph/Chart) III-58

Table 85: French 10-Year Perspective for Magnetic Resonance
Imaging Equipment by Product Segment - Percentage Breakdown
of Dollar Sales for Closed MRI Systems and Open MRI Systems
Markets for 2003, 2008 & 2012 III-59

4b. Germany III-60
A.Market Analysis III-60
Demographics III-60
Table 86: German Population Statistics by Age Group: 2007
(includes corresponding Graph/Chart) III-60
Strategic Corporate Developments III-60
Siemens Medical Solutions - A Major German Player III-61
B.Market Analytics III-61
Unit Analytics III-61
Table 87: German Recent Past, Current & Future Analysis for
Magnetic Resonance Imaging Equipment by Product Segment -
Closed MRI Systems and Open MRI Systems Markets
Independently Analyzed with Annual Sales Figures in Units
for Years 2000 through 2010 (includes corresponding
Graph/Chart) III-61

Table 88: German Long Term Projections for Magnetic
Resonance Imaging Equipment by Product Segment - Closed MRI
Systems and Open MRI Systems Markets Independently Analyzed
with Annual Sales Figures in Units for Years 2011 through
2015 (includes corresponding Graph/Chart) III-62

Table 89: German 10-Year Perspective for Magnetic Resonance
Imaging Equipment by Product Segment - Percentage Breakdown
of Volume Sales for Closed MRI Systems and Open MRI Systems
Markets for 2003, 2008 & 2012 III-62
Dollar Analytics III-63
Table 90: German Recent Past, Current & Future Analysis for
Magnetic Resonance Imaging Equipment by Product Segment -
Closed MRI Systems and Open MRI Systems Markets
Independently Analyzed with Annual Sales Figures in US$
Million for Years 2000 through 2010 (includes corresponding
Graph/Chart) III-63

Table 91: German Long Term Projections for Magnetic
Resonance Imaging Equipment by Product Segment -Closed MRI
Systems and Open MRI Systems Markets Independently Analyzed
with Annual Sales Figures in US$ Million for Years 2011
through 2015 (includes corresponding Graph/Chart) III-63

Table 92: German 10-Year Perspective for Magnetic Resonance
Imaging Equipment by Product Segment - Percentage Breakdown
of Dollar Sales for Closed MRI Systems and Open MRI Systems
Markets for 2003, 2008 & 2012 III-64

4c. The United Kingdom III-65
A.Market Analysis III-65
Demographic Review III-65
Table 93: UK Population Statistics by Age Group: 2007
(includes corresponding Graph/Chart) III-65
Demand for Mobile Scanners III-65
3T Market in the UK III-65
3T Scanners for Epilepsy III-66
Concerns Stem for 3T Scanners III-66
GE Healthcare - A Key Player III-66
Strategic Corporate Developments III-67
B.Market Analytics III-68
Unit Analytics III-68
Table 94: UK Recent Past, Current & Future Analysis for
Magnetic Resonance Imaging Equipment by Product Segment -
Closed MRI Systems and Open MRI Systems Markets
Independently Analyzed with Annual Sales Figures in Units
for Years 2000 through 2010 (includes corresponding
Graph/Chart) III-68

Table 95: UK Long Term Projections for Magnetic Resonance
Imaging Equipment by Product Segment -Closed MRI Systems
and Open MRI Systems Markets Independently Analyzed with
Annual Sales Figures in Units for Years 2011 through 2015
(includes corresponding Graph/Chart) III-69

Table 96: UK 10-Year Perspective for Magnetic Resonance
Imaging Equipment by Product Segment - Percentage Breakdown
of Volume Sales for Closed MRI Systems and Open MRI Systems
Markets for 2003, 2008 & 2012 III-69
Dollar Analytics III-70
Table 97: UK Recent Past, Current & Future Analysis for
Magnetic Resonance Imaging Equipment by Product Segment -
Closed MRI Systems and Open MRI Systems Markets
Independently Analyzed with Annual Sales Figures in US$
Million for Years 2000 through 2010 (includes corresponding
Graph/Chart) III-70

Table 98: UK Long Term Projections for Magnetic Resonance
Imaging Equipment by Product Segment -Closed MRI Systems
and Open MRI Systems Markets Independently Analyzed with
Annual Sales Figures in US$ Million for Years 2011 through
2015 (includes corresponding Graph/Chart) III-70

Table 99: UK 10-Year Perspective for Magnetic Resonance
Imaging Equipment by Product Segment - Percentage Breakdown
of Dollar Sales for Closed MRI Systems and Open MRI Systems
Markets for 2003, 2008 & 2012 III-71

4d. Italy III-72
A.Market Analysis III-72
Demographic Profile III-72
Table 100: Italian Population Statistics by Age Group: 2007
(Includes Corresponding Graph/Chart) III-72
Product Development/Launch III-72
Esaote SPA - A Major Player III-73
B.Market Analytics III-74
Unit Analytics III-74
Table 101: Italian Recent Past, Current & Future Analysis
for Magnetic Resonance Imaging Equipment by Product Segment -
Closed MRI Systems and Open MRI Systems Markets
Independently Analyzed with Annual Sales Figures in Units
for Years 2000 through 2010 (includes corresponding
Graph/Chart) III-74

Table 102: Italian Recent Past, Current & Future Analysis
for Magnetic Resonance Imaging Equipment by Product Segment -
Closed MRI Systems and Open MRI Systems Markets
Independently Analyzed with Annual Sales Figures in Units
for Years 2011 through 2015 (includes corresponding
Graph/Chart) III-74

Table 103: Italian 10-Year Perspective for Magnetic
Resonance Imaging Equipment by Product Segment - Percentage
Breakdown of Volume Sales for Closed MRI Systems and Open
MRI Systems Markets for 2003, 2008 & 2012 III-75
Dollar Analytics III-76
Table 104: Italian Recent Past, Current & Future Analysis
for Magnetic Resonance Imaging Equipment by Product Segment -
Closed MRI Systems and Open MRI Systems Markets
Independently Analyzed with Annual Sales Figures in US$
Million for Years 2000 through 2010 (includes corresponding
Graph/Chart) III-76

Table 105: Italian Long Term Projections for Magnetic
Resonance Imaging Equipment by Product Segment -Closed MRI
Systems and Open MRI Systems Markets Independently Analyzed
with Annual Sales Figures in US$ Million for Years 2011
through 2015 (includes corresponding Graph/Chart) III-76

Table 106: Italian 10-Year Perspective for Magnetic
Resonance Imaging Equipment by Product Segment - Percentage
Breakdown of Dollar Sales for Closed MRI Systems and Open
MRI Systems Markets for 2003, 2008 & 2012 III-77

4e. Spain III-78
Market Analysis III-78
Unit Analytics III-78
Table 107: Spanish Recent Past, Current & Future Analysis
for Magnetic Resonance Imaging Equipment by Product Segment -
Closed MRI Systems and Open MRI Systems Markets
Independently Analyzed with Annual Sales Figures in Units
for Years 2000 through 2010 (includes corresponding
Graph/Chart) III-78

Table 108: Spanish Long Term Projections for Magnetic
Resonance Imaging Equipment by Product Segment - Closed MRI
Systems and Open MRI Systems Markets Independently Analyzed
with Annual Sales Figures in Units for Years 2011 through
2015 (includes corresponding Graph/Chart) III-79

Table 109: Spanish 10-Year Perspective for Magnetic
Resonance Imaging Equipment by Product Segment - Percentage
Breakdown of Volume Sales for Closed MRI Systems and Open
MRI Systems Markets for 2003, 2008 & 2012 III-79
Dollar Analytics III-80
Table 110: Spanish Recent Past, Current & Future Analysis
for Magnetic Resonance Imaging Equipment by Product Segment -
Closed MRI Systems and Open MRI Systems Markets
Independently Analyzed with Annual Sales Figures in US$
Million for Years 2000 through 2010 (includes corresponding
Graph/Chart) III-80

Table 111: Spanish Long Term Projections for Magnetic
Resonance Imaging Equipment by Product Segment -Closed MRI
Systems and Open MRI Systems Markets Independently Analyzed
with Annual Sales Figures in US$ Million for Years 2011
through 2015 (includes corresponding Graph/Chart) III-80

Table 112: Spanish 10-Year Perspective for Magnetic
Resonance Imaging Equipment by Product Segment - Percentage
Breakdown of Dollar Sales for Closed MRI Systems and Open
MRI Systems Markets for 2003, 2008 & 2012 III-81

4f. Rest of Europe III-82
Market Analysis III-82
Unit Analytics III-82
Table 113: Rest of Europe Recent Past, Current & Future
Analysis for Magnetic Resonance Imaging Equipment by
Product Segment -: Closed MRI Systems and Open MRI Systems
Markets Independently Analyzed with Annual Sales Figures in
Units for Years 2000 through 2010 (includes corresponding
Graph/Chart) III-82

Table 114: Rest of Europe Long Term Projections for
Magnetic Resonance Imaging Equipment by Product Segment -
Closed MRI Systems and Open MRI Systems Markets
Independently Analyzed with Annual Sales Figures in Units
for Years 2011 through 2015 (includes corresponding
Graph/Chart) III-83

Table 115: Rest of Europe 10-Year Perspective for Magnetic
Resonance Imaging Equipment by Product Segment - Percentage
Breakdown of Volume Sales for Closed MRI Systems and Open
MRI Systems Markets for 2003, 2008 & 2012 III-83
Dollar Analytics III-84
Table 116: Rest of Europe Recent Past, Current & Future
Analysis for Magnetic Resonance Imaging Equipment by
Product Segment - Closed MRI Systems and Open MRI Systems
Markets Independently Analyzed with Annual Sales Figures in
US$ Million for Years 2000 through 2010 (includes
corresponding Graph/Chart) III-84

Table 117: Rest of Europe Long Term Projections for
Magnetic Resonance Imaging Equipment by Product Segment -
Closed MRI Systems and Open MRI Systems Markets
Independently Analyzed with Annual Sales Figures in US$
Million for Years 2011 through 2015 (includes corresponding
Graph/Chart) III-84

Table 118: Rest of Europe 10-Year Perspective for Magnetic
Resonance Imaging Equipment by Product Segment - Percentage
Breakdown of Dollar Sales for Closed MRI Systems and Open
MRI Systems Markets for 2003, 2008 & 2012 III-85

5. Asia-Pacific III-86
A.Market Analysis III-86
Market Overview III-86
Market Restraints III-86
Market Structure III-87
Table 119: Leading Players in Asia-Pacific MRI Equipment
Market (2000-2005): Market Share byValue Sales for Siemens
Medical Systems, GE Healthcare, Philips, and Others
(includes corresponding Graph/Chart) III-87
A Glance into Chinese MRI Market III-87
Select Product Offerings from Major Players III-88
Table 120: Leading Players in the Chinese MRI