GBI Research is a market-leading provider of business intelligence reports.GBI Research covers world

Feb. 29, 2012 - PRLog -- The market for diagnostic imaging in the emerging countries (China, India and Brazil) is expected to grow at a Compound Annual Growth Rate (CAGR) of 7% to reach $4.5 billion in 2017. The market is expected to be driven by the increasing elderly population in these countries along with the substantial increase in disposable income which has improved the healthcare affordability of the general population. Market growth in the emerging countries over the next eight years is also anticipated due to the increasing awareness of prenatal testing, osteoporosis and the growing adoption of technological advances in radio imaging procedures.

China is the largest diagnostic imaging market among the emerging countries with 55% contribution. In 2010, the diagnostic imaging market in China was valued at $1.5 billion and is expected to reach $2.6 billion by 2017. Brazil was the second largest diagnostic imaging market among the emerging countries valued at $715.5m in 2010. The diagnostic imaging market in India was worth $557.2m in 2010 and is estimated to reach $930.4m by 2017. The Chinese diagnostic imaging market is characterized by the presence of major domestic players with strong capabilities on Research and Development (R&D). This helps in development of cost effective domestic products for countries such as China and India.

In 2010, ultrasound systems accounted for 28% of the total revenue generated in the diagnostic imaging market of the emerging countries. The increasing numbers of diagnostic procedures, the prevalence of osteoporosis and the higher acceptance of minimally invasive radio imaging procedures have led to the growth of diagnostic imaging market. The growth in this market is expected to be fueled by the growing elderly population digitization and the increased adoption of digitization and radio imaging procedures.

For Sample Pages, please click or add the below link to your browser:
http://www.gbiresearch.com/RequestSamplePages.aspx?ID=Dia...


In 2010, GE Healthcare, with a share of 20%, was the leader in the diagnostic imaging market in the emerging countries, followed by Siemens Healthcare and Philips Healthcare with a 19% and 12% share, respectively. Other key players in the market are Toshiba Medical Systems, Hitachi Medical Corporation and Shimadzu Corporation. Strong product portfolios catering to various categories within the diagnostic imaging market have helped GE Healthcare and Siemens Healthcare to gain a competitive advantage in the emerging countries.

India and Brazil are two of the most popular destinations to foreign medical tourists due to the abundance of surgical options and the high-quality and low- cost of care provided by healthcare facilities in these countries. The rising growth of medical tourism in these countries encouraged various medical centers, particularly Joint Commission International (JCI) accredited hospitals, to improve their infrastructure in order to meet international standards. This involves the installation of advanced diagnostic modalities such as digital X-ray systems, high slice MRI, CT systems and Angio suites.

GBI Research’s report, “Diagnostic Imaging Market in Emerging Countries (China, India and Brazil) to 2017 - Increasing Investments by Private Players in Chains of Retail Diagnostic Centers to Propel the Market” provides key data, information and analysis on the emerging countries diagnostic imaging equipment market. The report provides market landscape, competitive landscape and market trends information on ten diagnostic imaging equipment market categories: ultrasound systems, X-ray systems, MRI systems, computed tomography systems, nuclear imaging equipment, mammography equipment, angio suites, C-arms, bone densitometers and contrast media injectors. The report provides comprehensive information on the key trends affecting these categories, and key analytical content on the market dynamics. The report also reviews the competitive landscape with major acquisitions and mergers in the last four years and a detailed analysis of the pipeline products in each category. This report is built using data and information sourced from proprietary databases, primary and secondary research and in-house analysis by GBI Research’s team of industry experts.

For further details, please click or add the below link to your browser:
http://www.gbiresearch.com/Report.aspx?ID=Diagnostic-Imag...

Visit our report store: http://www.gbiresearch.com
For more details contact:
pressreleases@gbiresearch.com            
North America:                   +1 646 395 5477
Europe:        +44 207 753 4299
           +44 1204 543 533
Asia Pacific:       +91 40 6616 6782

# # #

GBI Research is a market-leading provider of business intelligence reports. GBI Research covers worldwide markets and issues, supplies actionable data and forecasts and is driven by industry leaders’ insights. GBI Research provides a broad spectrum of reports across the healthcare and energy industries and its online offering is easy to navigate - a comprehensive resource for business information needs.