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