Magnetic Resonance Imaging (MRI) Market (2011 - 2016)
Magnetic Resonance Imaging (MRI) Market (2011 - 2016) - Competitive Landscape & Global Forecasts to 2016
Various continuous innovations in MRI have led to the development of more efficient MRI which is more efficient and can be used in various other applications such as Breast MRI. The high-field MRI provides the benefit of higher signal-to-noise ratio, contrast-to-noise ratios, and spectral resolution for certain applications. These benefits result in higher resolution, faster scan, and allow clinicians to have a better view of smaller anatomical structures and lesions. The Magnetic Resonance Imaging (MRI) Market was expected to be around $3.84 billion in the year 2010 and is expected to increase to $4.76 billion in 2016 with a CAGR of around 3.55% from 2011 to 2016. Two types of MRI currently existing in the market are Open MRI and Closed MRI. Unlike the conventional closed MRI, open MRI doesnt have narrow tunnel for passing through and doesnt produce loud noise and therefore decreases anxiety and discomfort substantially.
Exclusive indicates content/data unique to MarketsandMarkets and not available with any competitors.
TABLE OF CONTENTS
EXECUTIVE SUMMARY
MARKET OVERVIEW
MRI SYSTEMS MARKET
COMPETITIVE LANDSCAPE
GEOGRAPHIC ANALYSIS
1 INTRODUCTION
1.1 KEY TAKE AWAYS
1.2 REPORT DESCRIPTION
1.3 MARKETS COVERED
1.4 STAKEHOLDERS
1.5 RESEARCH METHODOLOGY
2 SUMMARY
3 MRI MARKET OVERVIEW
3.1 GLOBAL MRI BUSINESS PROCESS
3.2 TREND ANALYSIS: PRICING & INSTALLATION
3.3 MRI SOFTWARE
3.4 DRIVING FACTOR ANALYSIS
3.4.1 DEMAND-SIDE DRIVERS
3.4.2 SUPPLY-SIDE DRIVERS
3.4.3 RESTRAINTS
3.4.4 OPPORTUNITIES
3.4.5 KEY COMPETITIVE POINTS
3.5 PATENT ANALYSIS
3.5.1 PATENT ANALYSIS BY GEOGRAPHY
3.5.2 Y-O-Y PATENT ANALYSIS
3.5.3 PATENT ANALYSIS BY ASSIGNEE
4 MRI SYSTEMS MARKET
4.1 MRI SYSTEMS MARKET, BY MAGNET TYPE
4.1.1 PERMANENT MAGNET MRI
4.1.2 RESISTIVE MAGNET MRI
4.1.3 SUPERCONDUCTOR MAGNET MRI
4.1.4 CLOSED MRI SYSTEMS
4.1.4.1 Drivers & Opportunities
4.1.4.1.1 High image quality
4.1.4.1.2 Wide-bore systems to scan obese patients
4.1.5 OPEN MRI SYSTEMS
4.1.5.1 Drivers & Opportunities
4.1.5.1.1 Cheaper than closed MRI
4.1.5.1.2 Improvement in field strength
4.1.5.1.3 Dedicated systems for specific applications
4.2 MRI SYSTEMS MARKET, BY FIELD STRENGTH
4.2.1 LOW- TO MID-FIELD MRI
4.2.2 HIGH-FIELD MRI SYSTEMS
4.2.3 VERY HIGH-FIELD MRI SYSTEMS
4.3 MRI SYSTEMS MARKET, BY TECHNOLOGY
4.3.1 MR ANGIOGRAPHY (MRA)
4.3.2 MR VENOGRAM (MRV)
4.3.3 FUNCTIONAL MRI
4.3.4 NMR SPECTROSCOPY
4.3.5 OTHER TECHNOLOGIES
4.4 MRI SYSTEMS MARKET, BY APPLICATIONS
4.4.1 WHOLE-BODY MRI
4.4.2 INTERVENTIONAL MRI
4.4.3 MRI FOR BRAIN & NEUROLOGY DISORDERS
4.4.4 BREAST MRI
4.4.5 CARDIAC MRI
4.4.6 OTHERS
5 GEOGRAPHIC ANALYSIS
5.1 NORTH AMERICAN MRI MARKET
5.1.1 BURNING ISSUE: IMPACT OF DEFICIT REDUCTION ACT
5.2 EUROPEAN MRI MARKET
5.2.1 BURNING ISSUE: NEED FOR CLARITY IN EC DIRECTIVES
5.3 ASIAN MRI MARKET
5.3.1 BURNING ISSUE: INCREASE IN MEDICAL TOURISM & GOVERNMENT SPENDING
5.4 ROW MRI MARKET
6 COMPETITIVE LANDSCAPE
7 COMPANY PROFILES
7.1 ANALOGIC CORPORATION
7.1.1 OVERVIEW
7.1.2 FINANCIALS
7.1.3 PRODUCTS & SERVICES
7.1.4 STRATEGY
7.1.5 DEVELOPMENTS
7.2 AURORA IMAGING TECHNOLOGY INC.
7.2.1 OVERVIEW
7.2.2 PRODUCTS & SERVICES
7.2.3 STRATEGY
7.2.4 DEVELOPMENTS
7.3 BRUKER BIOSPIN GMBH
7.3.1 OVERVIEW
7.3.2 FINANCIALS
7.3.3 PRODUCTS & SERVICES
7.3.4 STRATEGY
7.3.5 DEVELOPMENTS
7.4 ESAOTE S.P.A.
7.4.1 OVERVIEW
7.4.2 FINANCIALS
7.4.3 PRODUCTS & SERVICES
7.4.4 STRATEGY
7.4.5 DEVELOPMENTS
7.5 FONAR CORPORATION
7.5.1 OVERVIEW
7.5.2 FINANCIALS
7.5.3 PRODUCTS & SERVICES
7.5.4 STRATEGY
7.5.5 DEVELOPMENTS
7.6 GE HEALTHCARE
7.6.1 OVERVIEW
7.6.2 FINANCIALS
7.6.3 PRODUCTS & SERVICES
7.6.4 STRATEGY
7.6.5 DEVELOPMENTS
7.7 HITACHI MEDICAL CORPORATION
7.7.1 OVERVIEW
7.7.2 FINANCIALS
7.7.3 PRODUCTS & SERVICES
7.7.4 STRATEGY
7.7.5 DEVELOPMENTS
7.8 IMRIS INC.
7.8.1 OVERVIEW
7.8.2 FINANCIALS
7.8.3 PRODUCTS & SERVICES
7.8.4 STRATEGY
7.8.5 DEVELOPMENTS
7.9 MEDTRONIC SURGICAL NAVIGATION TECHNOLOGIES
7.9.1 OVERVIEW
7.9.2 FINANCIALS
7.9.3 PRODUCTS & SERVICES
7.9.4 STRATEGY
7.9.5 DEVELOPMENTS
7.10 PHILIPS HEALTHCARE
7.10.1 OVERVIEW
7.10.2 FINANCIALS
7.10.3 PRODUCTS & SERVICES
7.10.4 STRATEGY
7.10.5 DEVELOPMENTS
7.11 SHENZHEN BASDA MEDICAL APPARATUS CO. LTD.
7.11.1 OVERVIEW
7.11.2 FINANCIALS
7.11.3 PRODUCTS & SERVICES
7.11.4 STRATEGY
7.11.5 DEVELOPMENTS
7.12 SIEMENS HEALTHCARE
7.12.1 OVERVIEW
7.12.2 PRODUCTS & SERVICES
7.12.3 STRATEGY
7.12.4 DEVELOPMENTS
7.13 TOSHIBA MEDICAL SYSTEMS CORP
7.13.1 OVERVIEW
7.13.2 PRODUCTS & SERVICES
7.13.3 STRATEGY
7.13.4 DEVELOPMENTS
7.14 INSIGHTEC LTD
7.14.1 OVERVIEW
7.14.2 FINANCIALS
7.14.3 PRODUCTS & SERVICES
7.14.4 STRATEGY
7.14.5 DEVELOPMENTS
7.15 OTHERS
7.15.1 BEIJING WANDONG MEDICAL EQUIPMENT CO. LTD
7.15.1.1 Overview
7.15.1.2 Products & Services
7.15.1.3 Strategy
7.15.2 MEDINUS CO. LTD
7.15.2.1 Overview
7.15.3 MR INSTRUMENTS INC. (MRII)
7.15.3.1 Overview
7.15.4 NORAS MRI PRODUCTS GMBH
7.15.4.1 Overview
7.15.5 XI'AN LANDCOM DIGITAL MEDICAL SCIENCE & TECHNOLOGY CO. LTD
7.15.5.1 Overview
7.15.6 XINAOMDT TECHNOLOGY CO. LTD
7.15.6.1 Overview
7.15.6.2 Products & Services
APPENDIX
U.S. PATENTS
EUROPE PATENTS
JAPAN PATENTS
LIST OF TABLES
TABLE 1 GLOBAL MRI SYSTEMS MARKET REVENUE, BY PRODUCTS, 2009 2016 ($BILLION)
TABLE 2 GLOBAL MRI SYSTEMS MARKET INSTALLATIONS, BY PRODUCTS, 2009 2016 (NO. OF UNITS)
TABLE 3 RECENT DEVELOPMENTS IN MRI SOFTWARE
TABLE 4 KEY PLAYERS & STRATEGIES
TABLE 5 CLOSED MRI SYSTEMS MARKET REVENUE, BY GEOGRAPHY, 2009 2016 ($MILLION)
TABLE 6 CLOSED MRI SYSTEMS MARKET INSTALLATIONS, BY GEOGRAPHY, 2009 2016 (NO. OF UNITS)
TABLE 7 OPEN MRI SYSTEMS MARKET REVENUE, BY GEOGRAPHY, 2009 2016 ($MILLION)
TABLE 8 OPEN MRI SYSTEMS MARKET INSTALLATIONS, BY GEOGRAPHY, 2009 2016 (NO. OF UNITS)
TABLE 9 GLOBAL MRI SYSTEMS MARKET REVENUE (FIELD STRENGTH), BY PRODUCTS, 2009 2016 ($MILLION)
TABLE 10 GLOBAL MRI SYSTEMS MARKET INSTALLATIONS (FIELD STRENGTH), BY PRODUCTS, 2009 2016 (NO. OF UNITS)
TBLE 11 MRI SYSTEMS MARKET REVENUE (FIELD STRENGTH), BY GEOGRAPHY, 2009 2016 ($MILLION)
TABLE 12 MRI SYSTEMS MARKET INSTALLATIONS (FIELD STRENGTH), BY GEOGRAPHY, 2009 2016 (NO. OF UNITS)
TABLE 13 LOW- TO MID-FIELD MRI SYSTEMS MARKET REVENUE, BY GEOGRAPHY, 2009 2016 ($MILLION)
TABLE 14 LOW- TO MID-FIELD MRI SYSTEMS MARKET INSTALLATIONS, BY GEOGRAPHY, 2009 2016 (NO. OF UNITS)
TABLE 15 HIGH-FIELD MRI SYSTEMS MARKET REVENUE, BY GEOGRAPHY, 2009 2016 ($MILLION)
TABLE 16 HIGH-FIELD MRI SYSTEMS MARKET INSTALLATIONS, BY GEOGRAPHY, 2009 2016 (NO. OF UNITS)
TABLE 17 VERY HIGH-FIELD MRI SYSTEMS MARKET REVENUE, BY GEOGRAPHY, 2009 2016 ($MILLION)
TABLE 18 VERY HIGH-FIELD MRI SYSTEMS MARKET INSTALLATIONS, BY GEOGRAPHY, 2009 2016 (NO. OF UNITS)
TABLE 19 GLOBAL MRI SYSTEMS MARKET REVENUE (BASED ON TECHNOLOGY), BY PRODUCTS, 2009 2016 ($MILLION)
TABLE 20 GLOBAL MRI SYSTEMS MARKET INSTALLATIONS (BASED ON TECHNOLOGY), BY PRODUCTS, 2009 2016 (NO. OF UNITS)
TABLE 21 MRI SYSTEMS MARKET REVENUE (BASED ON TECHNOLOGIES), BY GEOGRAPHY, 2009 2016 ($MILLION)
TABLE 22 MRI SYSTEMS MARKET INSTALLATIONS (BASED ON TECHNOLOGIES), BY GEOGRAPHY, 2009 2016 (NO. OF UNITS)
TABLE 23 MR ANGIOGRAM SYSTEMS MARKET REVENUE, BY GEOGRAPHY, 2009 2016 ($MILLION)
TABLE 24 MR ANGIOGRAM SYSTEMS MARKET INSTALLATIONS, BY GEOGRAPHY, 2009 2016 (NO. OF UNITS)
TABLE 25 MR VENOGRAM MARKET REVENUE, BY GEOGRAPHY, 2009 2016 ($MILLION)
TABLE 26 MR VENOGRAM SYSTEMS MARKET INSTALLATIONS, BY GEOGRAPHY, 2009 2016 (NO. OF UNITS)
TABLE 27 FUNCTIONAL MRI SYSTEMS MARKET REVENUE, BY GEOGRAPHY, 2009 2016 ($MILLION)
TABLE 28 FUNCTIONAL MRI SYSTEMS MARKET INSTALLATIONS, BY GEOGRAPHY, 2009 2016 (NO. OF UNITS)
TABLE 29 NMR SPECTROSCOPY SYSTEMS MARKET REVENUE, BY GEOGRAPHY, 2009 2016 ($MILLION)
TABLE 30 NMR SPECTROSCOPY SYSTEMS MARKET INSTALLATIONS, BY GEOGRAPHY, 2009 2016 (NO. OF UNITS)
TABLE 31 OTHER MRI TECHNOLOGY SYSTEMS MARKET REVENUE, BY GEOGRAPHY, 2009 2016 ($MILLION)
TABLE 32 OTHER MRI TECHNOLOGY SYSTEMS MARKET INSTALLATIONS, BY GEOGRAPHY, 2009 2016 (NO. OF UNITS)
TABLE 33 GLOBAL MRI SYSTEMS MARKET REVENUE, BY APPLICATIONS, 2009 2016 ($MILLION)
TABLE 34 GLOBAL MRI SYSTEMS MARKET INSTALLATIONS, BY APPLICATIONS, 2009 2016 (NO. OF UNITS)
TABLE 35 MRI SYSTEMS MARKET REVENUES BASED ON APPLICATIONS, BY GEOGRAPHY, 2009 2016 ($MILLION)
TABLE 36 MRI SYSTEMS MARKET INSTALLATIONS (BASED ON APPLICATIONS), BY GEOGRAPHY, 2009 2016 (NO. OF UNITS)
TABLE 37 WHOLE-BODY MRI SYSTEMS MARKET REVENUE, BY GEOGRAPHY, 2009 2016 ($MILLION)
TABLE 38 WHOLE-BODY MRI SYSTEMS MARKET INSTALLATIONS, BY GEOGRAPHY, 2009 2016 (NO. OF UNITS)
TABLE 39 INTERVENTIONAL MRI SYSTEMS MARKET REVENUE, BY GEOGRAPHY, 2009 2016 ($MILLION)
TABLE 40 INTERVENTIONAL MRI SYSTEMS MARKET INSTALLATIONS, BY GEOGRAPHY, 2009 2016 (NO. OF UNITS)
TABLE 41 BRAIN & NEUROLOGY MRI SYSTEMS MARKET REVENUE, BY GEOGRAPHY, 2009 2016 ($MILLION)
TABLE 42 BRAIN & NEUROLOGY MRI SYSTEMS MARKET INSTALLATIONS, BY GEOGRAPHY, 2009 2016 (NO. OF UNITS)
TABLE 43 BREAST MRI SYSTEMS MARKET REVENUE, BY GEOGRAPHY, 2009 2016 ($MILLION)
TABLE 44 BREAST MRI SYSTEMS MARKET INSTALLATIONS, BY GEOGRAPHY, 2009 2016 (NO. OF UNITS)
TABLE 45 CARDIAC MRI SYSTEMS MARKET REVENUE, BY GEOGRAPHY, 2009 2016 ($MILLION)
TABLE 46 CARDIAC MRI SYSTEMS MARKET INSTALLATIONS, BY GEOGRAPHY, 2009 2016 (NO. OF UNITS)
TABLE 47 OTHER MRI SYSTEMS MARKET REVENUE, BY GEOGRAPHY, 2009 2016 ($MILLION)
TABLE 48 OTHER MRI SYSTEMS MARKET INSTALLATIONS, BY GEOGRAPHY, 2009 2016 (NO. OF UNITS)
TABLE 49 MRI SYSTEMS MARKET REVENUE, BY GEOGRAPHY, 2009 2016 ($MILLION)
TABLE 50 MRI SYSTEMS MARKET INSTALLATIONS, BY GEOGRAPHY, 2009 2016 (NO. OF UNITS)
TABLE 51 NORTH AMERICA: MRI SYSTEMS MARKET REVENUE, BY PRODUCTS, 2009 2016 ($MILLION)
TABLE 52 NORTH AMERICA: MRI SYSTEMS MARKET INSTALLATIONS, BY PRODUCTS, 2009 2016 (NO. OF UNITS)
TABLE 53 EUROPE: MRI SYSTEMS MARKET REVENUE, BY PRODUCTS, 2009 2016 ($MILLIONS)
TABLE 54 EUROPEA: MRI SYSTEMS MARKET INSTALLATIONS, BY PRODUCTS, 2009 2016 (NO. OF UNITS)
TABLE 55 ASIA: MRI SYSTEMS MARKET REVENUE, BY PRODUCTS, 2009 2016 ($MILLION)
TABLE 56 ASIA: MRI SYSTEMS MARKET INSTALLATIONS, BY PRODUCT, 2009 2016 (NO. OF UNITS)
TABLE 57 ROW: MRI SYSTEMS MARKET REVENUE, BY PRODUCTS, 2009 2016 ($MILLION)
TABLE 58 ROW: MRI SYSTEMS MARKET INSTALLATIONS, BY PRODUCTS, 2009 2016 (NO. OF UNITS)
TABLE 59 PRODUCT LAUNCHES, 2008 2011
TABLE 60 AGREEMENTS, COLLABORATIONS, & MERGERS & ACQUISITIONS, 2008 2010
TABLE 61 OTHER DEVELOPEMNTS, 2009 2011
TABLE 62 ANALOGIC: TOTAL REVENUE & R&D EXPENSES, 2008 2010 ($MILLION)
TABLE 63 ANALOGIC: TOTAL MEDIACL TECHNOLOGY REVENUE, BY SEGMENTS, 2008 2010 ($MILLION)
TABLE 64 ANALOGIC: TOTAL REVENUE, BY COUNTRY, 2008 2010 ($MILLION)
TABLE 65 BRUCKER BIOSPIN: TOTAL REVENUE & R&D EXPENSES, 2008 2010 ($MILLION)
TABLE 66 BRUCKER BIOSPIN: TOTAL REVENUE, BY GEOGRAPHIC REVENUES ($MILLION)
TABLE 67 GE HEALTHCARE: TOTAL REVENUE & R&D EXPENSES, 2008 - 2010 ($BILLION)
TABLE 68 GE HEALTHCARE: TOTAL REVENUE, BY GEOGRAPHY, 2008 2010 ($BILLION)
TABLE 69 GE HEALTHCARE: MARKET REVENUE, BY BUSINESS SEGMENTS, 2008 2010 ($BILLION)
TABLE 70 HITACHI: TOTAL REVENUE & R&D EXPENSES, 2008 2010 ($MILLION)
TABLE 71 HITACHI: TOTAL SALES, BY GEOGRAPHY, 2008 2010 ($MILLION)
TABLE 72 IMRIS: TOTAL REVENUE AND R&D EXPENSES, 2008 2010 ($MILLION)
TABLE 73 MEDTRONICS: TOTAL REVENUE AND R&D EXPENSES, 2008 2010 ($MILLION)
TABLE 74 MEDTRONICS: TOTAL REVENUE, BY GEOGRAPHY, 2008 2010 ($MILLION).
TABLE 75 PHILIPS HEALTHCARE: REVENUE & R&D EXPENSES, 2008 2010 ($BILLION)
TABLE 76 PHILIPS HEALTHCARE: SALES, BY GEOGRAPHY, 2008 2010 ($BILLION)
LIST OF FIGURES
FIGURE 1 MRI MARKET SEGMENTATION
FIGURE 2 MRI BUSINESS PROCESS
FIGURE 3 MRI PRICING TREND
FIGURE 4 MRI INSTALLATIONS (2009 2016)
FIGURE 5 FACTORS INFLUENCING MRI MARKET GROWTH
FIGURE 6 INDICATIVE SHARE OF GLOBAL MRI PATENTS
FIGURE 7 GLOBAL MRI PATENTS (JANUARY 2005 JULY 2009)
FIGURE 8 PATENT SHARE BY ASSIGNEE (JANUARY 2005 JUNE 2010)
FIGURE 9 COMPETITIVE ANALYSIS
FIGURE 10 MAJOR PLAYERS USING DIFFERENT STRATEGIES TO GROW, 2009

Growth opportunities and latent adjacency in Magnetic Resonance Imaging (MRI) Market