Author(s):

Ravindra Sharma

Introduction:

From 2007 to 2008, revenues in the global market for computed tomography (CT) systems remained virtually unchanged. At the start of 2008, industry experts were expecting strong growth in this market because of demand from unsaturated markets in Brazil, Russia, India, and China (BRIC). The global economic crisis that intensified in the last quarter of 2008, however, had a huge negative effect, and as a result, the market remained stagnant. In 2009, macroeconomic issues continued to impact the market, with credit remaining tight. The resulting soft demand will cause a sharp decline in the global market for CT systems. As the economic crisis begins to ease after 2009, however, the market will stabilize and even resume growth due to strong demand in BRIC nations, where governments are spending more to improve health care infrastructure.

Questions Answered in This Report:

  *   In 2009, the economic crisis and credit crunch had a major impact on the global market for CT systems. Consequently, many facilities deferred their planned CT equipment purchases. What is the impact of the economic crisis on market revenues garnered from each country covered? When will these markets revive and resume growth? Which countries were most affected by the macroeconomic conditions?

  *   The global CT system market has witnessed the introduction of technologically advanced higher-slice scanners, which improve image quality and enhance diagnostic capabilities. Facilities seeking to enhance patient care are fueling growth in the higher-slice segment of the CT system market. What are the revenues generated by the higher-slice CT system segment? Starting from a small base, how large will this segment grow in each country covered? How has the economic crisis impacted this segment of the market?

  *   In addition to the economic crisis, the US market for diagnostic imaging scanners has been battered by continuing uncertainty surrounding health care reforms and the prospect of reduced reimbursement. How will these factors impact the US, the biggest market for CT systems in the world? How are purchasing decisions at facilities being affected by the bleak reimbursement environment?

  *   Rapid economic growth in BRIC countries is allowing their governments to increase spending on health care, thereby driving demand for new diagnostic imaging scanners in these emerging markets. How will the CT system markets in BRIC countries be affected by the boost in government spending on health care? Which types of CT systems will be preferred in each country? How will the counteracting forces of the economic crisis and increased government spending shape the markets for CT systems in emerging BRIC nations?

Scope:

Regions covered: US, Europe (France, Germany, Italy, Spain, and the UK), China, Russia, Brazil, and India

Segmentation: Our analysis uses the following segmentation of the market:

• Under 16-slice CT systems
• 16-slice CT systems
• 32- and 40- slice CT systems
• 64-slice CT systems
• Greater than 64-slice CT systems
• Refurbished CT systems (Brazil and India only)

Market forecast features: Based on primary research with industry professionals, we use our proprietary forecasting model to provide an in-depth examination of current and future trends in procedure volumes, unit sales, average selling prices, and market values over a 7-year period (2007–2013).

Competitive analysis: We provide a detailed analysis of the competitive landscape in the market, as well as market shares and qualitative discussions of the leading competitors in each market segment.