Research and Markets (http://www.researchandmarkets.com/research/ef2fe2/europe_nuclear_ima)
has announced the addition of GlobalData's new report "Europe
Nuclear Imaging Equipment: Market Analysis and Opportunity Assessment"
to their offering.
“Europe
Nuclear Imaging Equipment: Market Analysis and Opportunity Assessment”
Europe
Nuclear Imaging Equipment: Market Analysis and Opportunity Assessment
GlobalData's "Europe
Nuclear Imaging Equipment: Market Analysis and Opportunity Assessment"
report is an essential source of data and analysis on the Europe nuclear
imaging equipment market with complete coverage by categories. The
report provides market landscape, competitive landscape and market
trends information on two market categories - gamma camera, single
photon emission computed tomography, and positron emission tomography.
The report identifies the key trends shaping and driving the dynamism in
the Europe nuclear imaging equipment market. The report also provides
insight on the prevalent competitive landscape and on the emerging
players which are expected to bring significant shift in the market
standing of the existing leaders. The report also provides valuable
insight on the pipeline products within the Europe nuclear imaging
equipment market.
The Future of the European Nuclear Imaging Equipment Market is Promising
The European nuclear imaging equipment market, valued at $498.9m in
2008, is forecast to grow by 16% annually for the next seven years to
reach $1.4 billion by 2015. In Europe, Germany and Italy contributed 33%
and 25% respectively to the total nuclear imaging equipment market.
The growth in the nuclear imaging equipment market will primarily be
driven by increasing utilization of single photon emission computed
tomography/computed tomography (SPECT/CT) and positron emission
tomography/computed tomography (PET/CT), the increase in the number of
cancer patients across Europe, technological advances and improvements
in the quality of care.
Nuclear Imaging Equipment Market, Country Share (%), Europe, 2008
Growing Usage of Hybrid Systems for Enhanced Image Quality and
Improvement in the Diagnosis and Treatment of Diseases
Hospitals and radiology clinics are increasingly using combined
modalities such as PET/CT and SPECT/CT rather than the conventional
standalone systems because these hybrid systems have enhanced the
standard of image quality leading to subsequent improvements in the
diagnosis and treatment of diseases. . Hospitals now focus their new
equipment purchases on PET/CT and SPECT/CT. In Europe, 60% of the demand
for these units is expected from first time buyers with the remaining
40% coming from replacement of existing PET systems with PET/CT. The
PET/CT and SPECT/CT markets in terms of value and volume have surpassed
the PET and SPECT markets and this trend is expected to continue in the
future. The "Big Three" Comprising of GE, Siemens and Philips Continue
to Dominate the European Nuclear Imaging Equipment Market
The European nuclear imaging equipment market is quite oligopolistic in
nature with the "Big Three" comprising of GE Healthcare, Siemens
Healthcare and Philips Healthcare dominating the market.
These three companies had a combined share of 92% in 2008. GE led the
market with a 36% share, followed by Siemens and Philips with a 28%
share each.
Scope