The MRI market is expected to follow up on a record 2002 year, with U.S. installations projected at over 1,000 units per year for the next five years, according to market research firm IMV Medical Information Division. The demand is being sustained by continued growth in MRI procedural volume, according to the Des Plaines, IL-based firm.
In 2002, an estimated 21.9 million procedures were performed, up 22% from 18 million in 2001. Developments in clinical applications, along with MRI technology advances, are the fundamental MRI market drivers, according to IMV senior director of market research Lorna Young.
Based on numbers derived from its own census and other sources, IMV reported that MRI unit installations in the U.S. were about 950 in 2001 and 1,150 in 2002. The firm did not provide a dollar amount for the size of the market.
Cardiac and vascular applications are growing in routine clinical settings, aided by the versatility of 1.5-tesla systems. The 1.5-tesla units are now the bread and butter MRI scanners, accounting for over two-thirds of MRI installations, IMV said. For more information on IMV’s MRI census database and market summary report, visit their Web site.
By AuntMinnie.com staff writersOctober 20, 2003
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