North America Magnetic Resonance Imaging (MRI) Systems Market Outlook to 2022

North America Magnetic Resonance Imaging (MRI) Systems Market Outlook to 2022


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Executive Summary

North America Magnetic Resonance Imaging (MRI) Systems Market Outlook to 2022

Summary

GlobalData's new report, "North America Magnetic Resonance Imaging (MRI) Systems Market Outlook to 2022", provides key market data on the North America Magnetic Resonance Imaging (MRI) Systems market. The report provides value, in millions of US dollars, volume (in units) and average prices (USD) within market segements-3T MRI Systems and 1.5T MRI Systems.

The report also provides company shares and distribution shares data for each of these market segements, and global corporate-level profiles of the key market participants. Based on the availability of data for the particular market and country, information related to pipeline products, news and deals is available in the report.

Extensive interviews are conducted with key opinion leaders (KOLs), physicians and industry experts to validate the market size, company share and distribution share data and analysis.

Scope

Market size and company share data for Magnetic Resonance Imaging (MRI) Systems market segements-3T MRI Systems and 1.5T MRI Systems.

Annualized market revenues (USD million) and volume (units) data for each of the market segements. Data is provided from 2008 to 2015 and forecast to 2022.

2015 company shares and distribution shares data for each of the market segements.

Global corporate-level profiles of key companies operating within the North America Magnetic Resonance Imaging (MRI) Systems market.

Key players covered include Siemens Limited, GE Healthcare Limited, Philips Healthcare and Others.

Reasons to Buy

Develop business strategies by identifying the key market segments poised for strong growth in the future.

Develop market-entry and market expansion strategies.

Design competition strategies by identifying who-stands-where in the market.

Develop investment strategies by identifying the key market segments expected to register strong growth in the near future.

What are the key distribution channels and what's the most preferred mode of product distribution-Identify, understand capitalize.



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1 Table of Contents

1 Table of Contents 2

1.1 List of Tables 7

1.2 List of Figures 8

2 Introduction 9

2.1 What Is This Report About? 9

2.2 Magnetic Resonance Imaging (MRI) Systems Market Segmentation 9

2.3 Definitions of Markets Covered in the Report 10

3 MRI Systems Market, North America 11

3.1 MRI Systems Market, North America, Revenue ($m), 2008-2022 11

3.2 MRI Systems Market, North America, Category Comparison by Revenue ($m), 2008-2022 13

3.3 MRI Systems Market, North America, Revenue ($m), 2008-2015 14

3.4 MRI Systems Market, North America, Revenue ($m), 2015-2022 16

3.5 MRI Systems Market, North America, Volume (Units), 2008-2022 18

3.6 MRI Systems Market, North America, Volume (Units), 2008-2015 19

3.7 MRI Systems Market, North America, Volume (Units), 2015-2022 21

3.8 MRI Systems Market, North America, Company Share by Revenue ($m), 2015 23

4 MRI Systems Market, Canada 24

4.1 MRI Systems Market, Canada, Revenue ($m), 2008-2015 24

4.2 MRI Systems Market, Canada, Revenue ($m), 2015-2022 26

4.3 MRI Systems Market, Canada, Volume (Units), 2008-2015 28

4.4 MRI Systems Market, Canada, Volume (Units), 2015-2022 30

4.5 MRI Systems Market, Canada, Average Price ($), 2008-2022 32

4.6 MRI Systems Market, Canada, Distribution Share by Revenue ($m), 2014-2015 33

4.7 MRI Systems Market, Canada, Company Share by Revenue ($m), 2015 34

5 MRI Systems Market, Mexico 36

5.1 MRI Systems Market, Mexico, Revenue ($m), 2008-2015 36

5.2 MRI Systems Market, Mexico, Revenue ($m), 2015-2022 38

5.3 MRI Systems Market, Mexico, Volume (Units), 2008-2015 40

5.4 MRI Systems Market, Mexico, Volume (Units), 2015-2022 42

5.5 MRI Systems Market, Mexico, Average Price ($), 2008-2022 44

5.6 MRI Systems Market, Mexico, Distribution Share by Revenue ($m), 2014-2015 45

5.7 MRI Systems Market, Mexico, Company Share by Revenue ($m), 2015 46

6 MRI Systems Market, United States 48

6.1 MRI Systems Market, United States, Revenue ($m), 2008-2015 48

6.2 MRI Systems Market, United States, Revenue ($m), 2015-2022 50

6.3 MRI Systems Market, United States, Volume (Units), 2008-2015 52

6.4 MRI Systems Market, United States, Volume (Units), 2015-2022 54

6.5 MRI Systems Market, United States, Average Price ($), 2008-2022 56

6.6 MRI Systems Market, United States, Distribution Share by Revenue ($m), 2014-2015 58

6.7 MRI Systems Market, United States, Company Share by Revenue ($m), 2015 59

7 Overview of Key Companies in North America MRI Systems Market 61

7.1 Siemens Limited 61

7.1.1 Company Overview 61

7.2 GE Healthcare Ltd 61

7.2.1 Company Overview 61

7.3 Toshiba Medical Systems Corporation 61

7.3.1 Company Overview 61

7.4 Philips Healthcare 62

7.4.1 Company Overview 62

8 MRI Systems Market Pipeline Products 63

9 Recent Developments 66

9.1 Corporate Communications 66

9.1.1 Jan 04, 2017: Hologic Appoints President of EMEA and Canada, Completing International Leadership Team 66

9.1.2 Dec 16, 2016: Amy Wendell Elected to Hologic Board of Directors 66

9.1.3 Nov 22, 2016: USC Roski Eye Institute conducted patient trials for breakthrough refractory glaucoma treatment 67

9.1.4 Nov 22, 2016: Veracyte Announces that CMS Will Maintain Historic Medicare Reimbursement Rate for the Afirma Gene Expression Classifier in 2017 68

9.1.5 Oct 26, 2016: Elisha W. Finney Announces Plan to Retire as CFO of Varian Medical Systems 69

9.1.6 Oct 24, 2016: Analogic Announces Leadership Transition 70

9.1.7 Sep 08, 2016: iCAD Announces Management Transition 71

9.1.8 Aug 31, 2016: Bruce Elder Named CEO of MedQuest 71

9.1.9 Aug 22, 2016: Judy Bruner Appointed to Board of Directors of Varian Medical Systems; Venkatraman Thyagarajan Retires from Varian Board 72

9.1.10 Jul 19, 2016: Monteris Medical Announces Appointment Of Martin J. Emerson As President and Chief Executive Officer 72

9.1.11 Jul 07, 2016: Two SwedishAmerican Physician Executives Assume New Positions 73

9.1.12 Jun 09, 2016: ViewRay Appoints Ajay Bansal as Chief Financial Officer 74

9.1.13 May 31, 2016: Lepu Medical: Updated Registration of Partner Stent 74

9.1.14 May 31, 2016: New Class of Protein Could Treat Cancer and Other Diseases, Georgia State Researchers Find 75

9.1.15 May 23, 2016: Dr. Cynthia Friend Joins Bruker Board of Directors 76

9.1.16 May 10, 2016: Cerulean Announces First Patient Dosed in Phase 1/2 Trial Evaluating CRLX101 in Combination with LYNPARZA 77

9.1.17 Apr 21, 2016: Celsense Board of Directors Elects Jeffrey S. Friedman M.D., Ph.D., to Board 79

9.1.18 Apr 12, 2016: ViewRay Appoints Dr. Henry A. McKinnell, Jr. to its Board of Directors 79

9.1.19 Apr 11, 2016: Aduro Biotech Chief Scientific Officer to Highlight the Potential of STING Activation in Cancer Immunotherapy in a Major Symposium at the 2016 American Association for Cancer Research Annual Meeting 80

9.1.20 Mar 28, 2016: ViewRay Announces Up-listing to the NASDAQ Global Market 81

9.1.21 Feb 22, 2016: IMRIS, Deerfield Imaging Board of Directors Appoints Andrew M. Flanagan as Chief Executive Officer 82

9.1.22 Feb 17, 2016: Alliance HealthCare Services Announces Rhonda Longmore-Grund to Assume Chief Financial Officer Role as Part of Planned Transition 82

9.1.23 Feb 08, 2016: Timothy Damadian Named President and CEO of FONAR 83

9.1.24 Jan 26, 2016: Bernard Bailey Appointed Chairman and Steve Odland Joins Analogic's Board 84

9.2 Financial Announcements 85

9.2.1 Dec 06, 2016: Analogic Announces Results for the First Quarter ended October 31, 2016 and Declares Quarterly Cash Dividend 85

9.2.2 Nov 14, 2016: ViewRay Reports Third Quarter 2016 Financial Results 86

9.2.3 Nov 09, 2016: FONAR Announces 1st Quarter Financial Results For Fiscal 2017 87

9.2.4 Nov 04, 2016: MRI Interventions Announces 2016 Third Quarter and Nine Month Results 88

9.2.5 Nov 03, 2016: Alliance HealthCare Services Reports Results for the Third Quarter Ended September 30, 2016 92

9.2.6 Nov 02, 2016: Hologic Announces Financial Results for Fourth Quarter of Fiscal 2016 94

9.2.7 Nov 02, 2016: iCAD Reports Third Quarter 2016 Financial Results 96

9.2.8 Nov 02, 2016: Bruker Reports Third Quarter 2016 Financial Results 98

9.2.9 Oct 26, 2016: Varian Medical Systems Reports Results for Fourth Quarter of Fiscal Year 2016 99

9.2.10 Oct 03, 2016: New Test from Exagen Diagnostics Empowers Patients Taking Common Drug for Rheumatic Disease 100

9.2.11 Sep 21, 2016: Analogic Announces Results for the Fourth Quarter and Fiscal Year Ended July 31, 2016 and Declares Quarterly Cash Dividend 102

9.2.12 Sep 19, 2016: FONAR Announces Fiscal 2016 Year End Earnings 103

9.2.13 Aug 15, 2016: MRI Interventions Announces 2016 Second Quarter and Six Month Results 105

9.2.14 Aug 15, 2016: ViewRay Reports Second Quarter 2016 Financial Results 109

9.2.15 Aug 04, 2016: Alliance HealthCare Services Reports Results for the Second Quarter and Six Months Ended June 30, 2016 110

9.2.16 Aug 02, 2016: Bruker Reports Second Quarter 2016 Financial Results 112

9.2.17 Jul 27, 2016: iCAD Reports Second Quarter 2016 Financial Results 112

9.2.18 Jul 27, 2016: Hologic Announces Financial Results for Third Quarter of Fiscal 2016 114

9.2.19 Jul 27, 2016: Varian Medical Systems Reports Results for Third Quarter of Fiscal Year 2016 116

9.2.20 Jun 01, 2016: Analogic Announces Results for the Third Quarter Ended April 30, 2016 and Declares Quarterly Cash Dividend 117

9.2.21 May 13, 2016: ViewRay Reports First Quarter 2016 Financial Results 119

9.2.22 May 10, 2016: FONAR Announces 3rd Quarter and Nine Months Financial Results for Fiscal 2016 119

9.2.23 May 06, 2016: Early diagnosis, a multidisciplinary approach and access to new therapies, key in the treatment of ovarian cancer 121

9.2.24 May 05, 2016: Alliance HealthCare Services Reports Results for the First Quarter Ended March 31, 2016 124

9.2.25 May 03, 2016: ICAD Reports First Quarter 2016 Financial Results 125

9.2.26 Apr 28, 2016: MRI Interventions Announces 2016 First Quarter Results 127

9.2.27 Apr 12, 2016: Heat Biologics to Present at the American Association for Cancer Research (AACR) Annual Meeting 129

9.2.28 Mar 28, 2016: ViewRay Reports Fourth Quarter and Full Year 2015 Financial Results 131

9.2.29 Mar 23, 2016: MRI Interventions Announces 2015 Fourth Quarter and Full Year Results 132

9.2.30 Mar 10, 2016: Alliance HealthCare Services Reports Fourth Quarter & Full Year 2015 Results 135

9.2.31 Mar 02, 2016: Analogic Announces Results for the Second Quarter Ended January 31, 2016 and Declares Quarterly Cash Dividend 137

9.2.32 Mar 01, 2016: iCAD Reports Fourth Quarter and Full Year 2015 Financial Results 139

9.2.33 Feb 10, 2016: Bruker Reports Fourth Quarter and Fiscal Year 2015 Financial Results 140

9.2.34 Feb 09, 2016: FONAR Announces Fiscal 2016 2nd Quarter and Six Months Financial Results 141

9.3 Government and Public Interest 143

9.3.1 May 19, 2016: Glide Technologies Initiates Clinical Proof-of-Concept Study with Novel Octreotide Solid Dose Formulation Delivered via Needle-Free SDI 143

9.3.2 May 06, 2016: Opiant Pharmaceuticals Partner, Adapt Pharma, Submits New Drug Submission for Naloxone Nasal Spray to Health Canada 144

9.3.3 Mar 30, 2016: Summit Reports Positive Interim Data From Ongoing Phase 1 Clinical Trial Testing A New Formulation Of SMT C1100 In Patients With DMD 145

9.3.4 Mar 01, 2016: Nordic Nanovector: Late-Breaking Abstract on Betalutin Phase 1/2 Study Accepted for Presentation at American Association for Cancer Research Annual Meeting 2016 147

9.3.5 Feb 23, 2016: Paradigm starts clinical trial to investigate ZILOSUL as a treatment for bone bruising following Anterior Cruciate Ligament (ACL) injury 148

9.3.6 Feb 23, 2016: Two forms of radiosurgery for brain metastases are equally effective 149

9.4 Legal And Regulatory 150

9.4.1 Apr 07, 2016: Toshiba's Aplio Platinum Series Ultrasound Authorized as Secure by U.S. Department of Defense 150

9.5 Other Significant Developments 150

9.5.1 Dec 12, 2016: Toshiba Medical's Innovative MR Theater Helps Clinicians Enhance Patient Comfort 150

9.5.2 Nov 02, 2016: Alliance HealthCare Services Announces Partnership with Signature Healthcare to Offer Expanded MRI, Scheduling and Marketing Services 151

9.5.3 Aug 15, 2016: Clinical Studies Demonstrate ConforMIS iTotal CR Customized Knee Implants Provide Superior Outcomes and Potential for Economic Savings 151

9.5.4 Jul 31, 2016: Toshiba and AHRA Open Applications for Ninth Annual Putting Patients First Program 154

9.5.5 Jul 21, 2016: Varian Medical Systems Announces Company Name For Imaging Components Business 154

9.5.6 Jul 08, 2016: Rush Participating in NIH Precision Medicine Study of 1 Million 155

9.5.7 Jun 28, 2016: Breakthrough MRI-Guided Technologies Aim to Reduce Unnecessary Prostate Cancer Surgeries, Improve Quality of Life 156

9.5.8 Jun 09, 2016: NeuroMetrix Showcases Quell Technology at SLEEP 2016, the 30th Anniversary Meeting of the Associated Professional Sleep Societies 157

9.5.9 Jun 01, 2016: Clinical trial launched to test use of MRI to improve prostate cancer diagnosis and management 158

9.5.10 May 19, 2016: Largest Hospital Chain in India Selects Varian Advanced Radiotherapy Equipment 159

9.5.11 May 17, 2016: CWRU, UHCMC to partner exclusively with Siemens Healthcare to bring MRI research technique to clinical application 160

9.5.12 May 16, 2016: Edward-Elmhurst Health Invests $7MM in Smart Choice MRI 162

9.5.13 Apr 08, 2016: Lankenau Heart Institute at Paoli Hospital has Implanted the Region's First MRI-Safe Cardiac Resynchronization Defibrillator 162

9.5.14 Apr 06, 2016: The Weizmann Institute of Science Selects Bruker GigaHertz NMR Technology to Enable Advanced Structural Biology Research 163

9.5.15 Apr 01, 2016: BTG announces US launch of LC Bead LUMI, ground-breaking radiopaque embolic bead 164

9.5.16 Feb 09, 2016: ThedaCare Invests in Smart Choice MRI 166

9.6 Product News 166

9.6.1 Dec 23, 2016: Visualizing Gene Expression with MRI 166

9.6.2 Dec 16, 2016: Predictive Technology Group Announces Notice of US Patent Allowance for Method for Treating Patients with Genetic Spinal Deformities and Syndromes 167

9.6.3 Oct 18, 2016: SNPRC scientists develop MRI-guided neural stem cell delivery method 168

9.6.4 Oct 13, 2016: Imaging with new biomarker tracks tumor progression, response to brain cancer treatment 169

9.6.5 Sep 25, 2016: Qfix Announces Launch of Insight MRI Overlay and Coil Holders for Siemens MAGNETOM Aera and Skyra 170

9.6.6 Aug 16, 2016: New MRI Technique Sheds Technology's Longtime Limits 171

9.6.7 Jul 07, 2016: NIBIB-funded team develops a new way to image fat metabolism 172

9.6.8 Jun 21, 2016: Predictive Technology Group (PRED) Announces Key Patent Issuance by US Patent and Trademark Office for Treating Patients With Genetic Spinal Deformities and Syndromes 173

9.6.9 Jun 15, 2016: Decatur Memorial Hospital Announces Groundbreaking Imaging Technology Available to Patients with Prostate Cancer 174

9.6.10 May 17, 2016: A New Clinical Study Provides Evidence That Patient-Specific, Virtual Reality Based Preoperative Surgical Simulation Improves Surgical Efficiency for Neurovascular Surgery 174

9.6.11 Apr 25, 2016: Siemens Announces FDA Clearance of SMS, GOBrain Neuro MRI Applications 176

9.7 Strategy And Business Planning 176

9.7.1 Nov 01, 2016: GE Healthcare enhances single-use manufacturing capabilities with facility expansion and automation 176

9.7.2 Aug 09, 2016: Hitachi Medical Releases Major Upgrade to Oasis 1.2T Open MR 177

10 Appendix 179

10.1 Research Methodology 180

10.1.1 Coverage 180

10.1.2 Secondary Research 180

10.1.3 Primary Research 181

10.1.4 Market Modeling and Forecasting 182

10.1.5 Company Share Analysis 183

10.1.6 Distribution Share Analysis 184

10.1.7 Benchmarking 184

10.2 GlobalData Consulting 184

10.3 Contact Us 185

10.4 Disclaimer 185

1.2 List of Figures

Figure 1: MRI Systems Market, Cross Country Comparison, North America, Revenue ($m), USD Constant, 2008-2022 11

Figure 2: MRI Systems Market, North America, Category Comparison by Revenue ($m), USD Constant, 2008-2022 13

Figure 3: MRI Systems Market, North America, Revenue ($m), Historic, USD Constant, 2008-2015 14

Figure 4: MRI Systems Market, North America, Revenue ($m), Forecast, USD Constant, 2015-2022 16

Figure 5: MRI Systems Market, North America, Volume (Units), 2008-2022 18

Figure 6: MRI Systems Market, North America, Volume (Units), Historic, 2008-2015 19

Figure 7: MRI Systems Market, North America, Volume (Units), Forecast, 2015-2022 21

Figure 8: MRI Systems Market, North America, Company Share (%) 2015 23

Figure 9: MRI Systems Market, Canada, Revenue ($m), USD Constant, Historic, 2008-2015 24

Figure 10: MRI Systems Market, Canada, Revenue ($m), USD Constant, Forecast, 2015-2022 26

Figure 11: MRI Systems Market, Canada, Volume (Units), Historic, 2008-2015 28

Figure 12: MRI Systems Market, Canada, Volume (Units), Forecast, 2015-2022 30

Figure 13: MRI Systems Market, Canada, Company Share (%) 2015 34

Figure 14: MRI Systems Market, Mexico, Revenue ($m), USD Constant, Historic, 2008-2015 36

Figure 15: MRI Systems Market, Mexico, Revenue ($m), USD Constant, Forecast, 2015-2022 38

Figure 16: MRI Systems Market, Mexico, Volume (Units), Historic, 2008-2015 40

Figure 17: MRI Systems Market, Mexico, Volume (Units), Forecast, 2015-2022 42

Figure 18: MRI Systems Market, Mexico, Company Share (%) 2015 46

Figure 19: MRI Systems Market, United States, Revenue ($m), USD Constant, Historic, 2008-2015 48

Figure 20: MRI Systems Market, United States, Revenue ($m), USD Constant, Forecast, 2015-2022 50

Figure 21: MRI Systems Market, United States, Volume (Units), Historic, 2008-2015 52

Figure 22: MRI Systems Market, United States, Volume (Units), Forecast, 2015-2022 54

Figure 23: MRI Systems Market, United States, Company Share (%) 2015 59

1.1 List of Tables

Table 1: MRI Systems Market, Cross Country Comparison, North America, Revenue ($m), USD Constant, 2008-2022 12

Table 2: MRI Systems Market, North America, Category Comparison by Revenue ($m), USD Constant, 2008-2022 13

Table 3: MRI Systems Market, North America, Revenue ($m), Historic, USD Constant, 2008-2015 15

Table 4: MRI Systems Market, North America, Revenue ($m), Forecast, USD Constant, 2015-2022 17

Table 5: MRI Systems Market, North America, Volume (Units), 2008-2022 18

Table 6: MRI Systems Market, North America, Volume (Units), Historic, 2008-2015 20

Table 7: MRI Systems Market, North America, Volume (Units), Forecast, 2015-2022 22

Table 8: MRI Systems Market, North America, Company Share by Revenue ($m), USD Constant, 2015 23

Table 9: MRI Systems Market, Canada, Revenue ($m), USD Constant, Historic, 2008-2015 25

Table 10: MRI Systems Market, Canada, Revenue ($m), USD Constant, Forecast, 2015-2022 27

Table 11: MRI Systems Market, Canada, Volume (Units), Historic, 2008-2015 29

Table 12: MRI Systems Market, Canada, Volume (Units), Forecast, 2015-2022 31

Table 13: MRI Systems Market, Canada, Average Price ($), Historic, 2008-2015 32

Table 14: MRI Systems Market, Canada, Average Price ($), Forecast, 2015-2022 32

Table 15: MRI Systems Market, Canada, Distribution Share by Revenue ($m), USD Constant, 2014-2015 33

Table 16: MRI Systems Market, Canada, Company Share by Revenue ($m), USD Constant, 2015 35

Table 17: MRI Systems Market, Mexico, Revenue ($m), USD Constant, Historic, 2008-2015 37

Table 18: MRI Systems Market, Mexico, Revenue ($m), USD Constant, Forecast, 2015-2022 39

Table 19: MRI Systems Market, Mexico, Volume (Units), Historic, 2008-2015 41

Table 20: MRI Systems Market, Mexico, Volume (Units), Forecast, 2015-2022 43

Table 21: MRI Systems Market, Mexico, Average Price ($), Historic, 2008-2015 44

Table 22: MRI Systems Market, Mexico, Average Price ($), Forecast, 2015-2022 44

Table 23: MRI Systems Market, Mexico, Distribution Share by Revenue ($m), USD Constant, 2014-2015 45

Table 24: MRI Systems Market, Mexico, Company Share by Revenue ($m), USD Constant, 2015 47

Table 25: MRI Systems Market, United States, Revenue ($m), USD Constant, Historic, 2008-2015 49

Table 26: MRI Systems Market, United States, Revenue ($m), USD Constant, Forecast, 2015-2022 51

Table 27: MRI Systems Market, United States, Volume (Units), Historic, 2008-2015 53

Table 28: MRI Systems Market, United States, Volume (Units), Forecast, 2015-2022 55

Table 29: MRI Systems Market, United States, Average Price ($), Historic, 2008-2015 56

Table 30: MRI Systems Market, United States, Average Price ($), Forecast, 2015-2022 57

Table 31: MRI Systems Market, United States, Distribution Share by Revenue ($m), USD Constant, 2014-2015 58

Table 32: MRI Systems Market, United States, Company Share by Revenue ($m), USD Constant, 2015 60

Table 33: MRI Systems Market Pipeline Products 63

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