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Diagnostic Imaging procedure [Projections for 2015]
  • Diagnostic Magnetics Resonance Imaging (MRI) procedures (USA) volume is estimated at ~30 Million per annum(*)
  • Diagnostic MRI procedures (World) volume is estimated at ~ 75 Million per annum(**)
  • The value of Diagnostic MRI procedures (USA) is estimated at ~US$15 Billion per annum.
  • The value of Diagnostic MRI procedures (World) is estimated at ~US$ 38 Billion per annum.
Image Guided procedure [Projections for 2015] (***)
  • Image guided procedures (World) value is estimated at ~US$2.0 Billion per annum
  • MRI guided procedures (World) value is estimated at ~US$200 Million per annum
Tumor Ablation Market (+++)
  • The ablation devices market (World) was valued at US$7.5 Billion in 2011 and is estimated to grow at a CAGR of 10.5% to reach US$12.4 Billion by 2016 (+++) .
Minimally Invasive Surgical (MIS) Devices & Equipment
  • The value of MIS Devices and Equipment market (USA) was estimated at US$8.88 Billion in 2008 and is forecast to grow at an average annual rate of 7.3 percent to a market value of US$12.66 Billion in 2013.
  • According to a 2008 industry study published by Frost & Sullivan, revenue generated from the image guided surgery systems market totalled US$247.5 million in 2007 and will increase to $819.4 million in 2014. This represents a compound annual growth rate of 19.1% over the 7-year period.
MRI Equipment Market
  • In 2010, the value of MRI equipment market (World) is estimated at ~US$4.5 Billion per annum(+) [based on a sale of 3500 units p.a.]
  • MRI Equipment market(World) is expected to grow from US$4.5 Billion in 2010 to US$5.8 Billion in 2015, at an estimated CAGR of 5.5% from 2010 to 2015 (++) .

(*) Medronics Inc. / www.medronics.com – 2013 (+) Frost and Sullivan – 2008
(**) Extrapolation from : www.medronics.com – 2013 (++) Markets and Markets – Oct 2011
(***) Kalorama – August 2011 (+++) MedMarket Diligence – June 2010
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