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Onset of a New Replacement Cycle Coupled with Rise in Aging Population to Expand European Women's Healthcare Imaging Market

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Onset of a New Replacement Cycle Coupled with Rise in Aging Population to Expand European Women's Healthcare Imaging Market

Mumbai, Maharashtra, India

Despite issues related to reimbursement policies, high prices and intensified competition, the European women's healthcare imaging markets are witnessing growth. The twin drivers of a rapidly aging population and replacement demand are supporting market expansion. However, sustained market growth will be dependent on introducing innovative offerings and bundling of products.

Frost & Sullivan (http://www.healthcare.frost.com) finds that the European Women's Healthcare Imaging Market (including mammography systems and bone densitometry systems) earned revenues of $ 455.0 million in 2006 and estimates this to reach $647.1 million in 2013.

If you are interested in a virtual brochure, which provides manufacturers, end users, and other industry participants with an overview of the latest analysis of the European Women's Healthcare Imaging Markets (H038 - 50) then send an e-mail to Shwetha Thomas, Corporate Communications, at sthomas@frost.com with the following information: your full name, company name, title, telephone number, e-mail address, city, state, and country. We will send you the information via email upon receipt of the above information.

"Rapid market growth is occurring because of the increasing population of the elderly across Europe, even as replacement-driven demand is projected to increase in the near future," notes Frost & Sullivan Research Analyst Divya B. "The entry of new and innovative technologies will also promote market expansion in the near term."

Currently, the promising mammography systems market is in the growth stage of the product life cycle. Revenue increases in this segment is being spurred primarily due to the announcement of the DMIST results and the resultant digital transition across Europe. Simultaneously, bone densitometry systems market will experience low but stable revenue growth.

However, the high costs of digital mammography systems and axial DEXA bone densitometry systems will deter market expansion. At the same time, the high costs of screening in the bone densitometry systems and intense competition in the mammography systems market will also hinder market growth. Such challenges will be exacerbated by varied country-specific reimbursement regulations.

"As the bone densitometry market in Europe is mature, low and/or non-existent reimbursement will have a greater effect," cautions Ms. Divya. "Also, due to the increased costs of adopting digital technology including the purchase of CAD, PACS systems in the mammography systems market might prove to be a constraint initially, but in the long-term, will reflect the inevitable transition to digital."

To successfully enter local markets, industry participants should acquire or establish strategic alliances with smaller firms. They should also introduce financing and easy leasing options to facilitate equipment purchases.

The European Women's Healthcare Imaging Markets is part of the Medical Imaging Subscription, which also includes research in the following markets: European Medical Imaging Markets in Cardiology, European Ultrasound Market and European C-Arms Market. All research included in subscriptions provide detailed market opportunities and industry trends that have been evaluated following extensive interviews with market participants. Interviews with the press are available.

Frost & Sullivan, a global growth consulting company, has been partnering with clients to support the development of innovative strategies for more than 40 years. The company's industry expertise integrates growth consulting, growth partnership services, and corporate management training to identify and develop opportunities. Frost & Sullivan serves an extensive clientele that includes Global 1000 companies, emerging companies, and the investment community by providing comprehensive industry coverage that reflects a unique global perspective and combines ongoing analysis of markets, technologies, econometrics, and demographics. For more information, visit www.frost.com.

European Women's Healthcare Imaging Markets
H038 - 50

Shwetha Thomas, Corporate Communications - South Asia & Middle East, Frost & Sullivan, +91 (022) 4001 3429 sthomas@frost.com

Melina Trevino, Corporate Communications - North America, Frost & Sullivan, +210 247 2440 melina.trevino@frost.com

Source: Frost & Sullivan (Business Wire India)

Press release presented here is sourced from the Source mentioned above and is provided on as-is basis. Please contact the Company / Source directly for any further information in regard to this release. This website will be unable to assist you in regard to the accuracy or correctness of information in this release.

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