Global Industry trends that can offer Growth opportunities for MRI Market

Medical Magnetic Resonance Imaging (MRI):* Japan remains an early adopter of newer MRI
Technologies and Global Marketsequipment, making it a prime opportunity for newer 3T
The report examines the MRI equipment industry inequipment. This market is valued at $1 billion in 2010
general, the types of technology currently in use asand should reach $1.3 billion in 2015, a compound annual
well as future applications, and regulatory influences.growth rate (CAGR) of 4.3%.
The industry structure section discusses the mostSTUDY GOALS AND OBJECTIVES
active suppliers with regard to relative market share,The goal of this study is to describe and discuss
marketing strengths, and forces that promote orchanges in the global MRI market. This report is
hamper growth of technologies. The technologydesigned to achieve the following objectives: To
sections detail historical, current, and projected (2010describe the trends and developments for each type
through 2015) market values. ( )of MRI technology and how each is meant to satisfy
Highlightsthe needs of manufacturers. To analyze market and
* In the U.S., recent reimbursement changes and thedriving forces to determine the market size for the
economic downturn have called the expanding use oftechnologies and pinpoint target applications. To
MRI scanning into question. The North Americanexamine the MRI business in terms of specific
market is worth $2.3 billion in 2010 and is expected tocompanies and their position in the market. The report
increase at a 4.4% compound annual growth rateis designed to appeal to many different readers
(CAGR) to reach $2.9 billion in 2015. * Europe ranksincluding venture capitalists interested in exploring
with the U.S. as one of the most developed MRIcommercialization opportunities, marketing and
markets. Expanding applications in the neurologic,management individuals within the industry, and even
cardiac, and breast MRI areas should drive the EUthe casual reader who desires to understand how
market. This sector is estimated at $1.2 billion in 2010market pressures and technology interact in this
and is expected to increase at a 10% compoundindustry.
annual growth rate (CAGR) to reach $1.9 billion in 2015.