Ultrasound Markets

Table of Contents

1. Overview 6

• 1.1 Statement of Report 6
• 1.2 Scope of the Report 6
• 1.3 Methodology 7
• 1.4 Executive Summary 9

2. Overview of the Medical Imaging Market 10

• 2.1 Medical Imaging Industry Market Size 10
• 2.2 Medical Imaging Industry Profile 12
  • 2.2.1 Healthcare Delivery System Profile 12
  • 2.2.2 Radiologists 14
  • 2.2.3 Radiologic Services 15
  • 2.2.4 Medical-Image Market Drivers and Restraints 17
  • 2.2.5 Medical Imaging Market Segments 19
  • 2.2.6 Contrast Media 21
  • 2.2.7 Picture Archiving and Communication Systems 23
  • 2.2.8 Picture Archiving and Communication Systems and Radiology Information Systems 23
  • 2.2.9 Medical Imaging Companies 26
  • 2.2.10 Significant Ultrasound Companies 29
  • 2.2.11 Medical Imaging Industry Forecasts 33
• 2.3 Market Niches and Digitalization 34
• 2.4 Digital Imaging Techniques 35
  • 2.4.1 Clinical Uses 35
• 2.5 Current and New Digital Imaging Procedures 36
• 2.6 The Digital Impact on Clinical Imaging Markets 39
• 2.7 Trends in Digital Imaging 39
• 2.8 Enhancing Computed Radiography 40
• 2.9 Digital Radiography vs. Computed Radiography 41
• 2.10 DR Products 41
• 2.11 Vasodilator Perfusion Imaging 42

3. Ultrasound Market 44

• 3.1.1 Overview of Ultrasound Market Segments 44
• 3.1.2 Increase in Application Areas Stirs Demand 44
• 3.2 Ultrasound Market Trends 49
  • 3.2.1 Market Segmentation and Definitions 49
  • 3.2.2 Ultrasonography Is of Great Value in Other Obstetric Conditions such as: 54
  • 3.2.3 Overview 61
  • 3.2.4 Market Developments 62
  • 3.2.5 Market Drivers 63
  • 3.2.6 Market Restraints 63
• 3.3 Ultrasound Market Forecasts 63
  • 3.3.1 Unit Shipment Forecasts 65
  • 3.3.2 Installed-Base Forecast 66
  • 3.3.3 Competitive Structure 66
  • 3.3.4 Market Analysis 66
• 3.4 Cardiology Ultrasound Segment Forecasts 68
  • 3.4.1 Unit Shipment Forecasts 70
  • 3.4.2 Market Share Analysis 70
• 3.5 OB/GYN Ultrasound Segment Forecasts 72
• 3.6 Radiology Ultrasound Segment Forecasts 72
• 3.7 Hand-Carried Ultrasound Segment Forecasts 73
  • 3.7.1 Market Share Analysis 74
  • 3.7.2 Portable Ultrasound Equipment Displays Rapid Growth 75
• 3.8 Contrast Media 76
  • 3.8.1 Market Share Analysis 78
  • 3.8.2 Contrast-Enhanced Ultrasound (CEUS) and Microbubbles 78
  • 3.8.3 Targeting Microbubbles 79
  • 3.8.4 How Contrast-Enhanced Ultrasound (CEUS) Works 79
  • 3.8.5 Applications of Contrast-Enhanced Ultrasound 80
• 3.9 Products 80
  • 3.9.1 The Acquisition Decision 80
  • 3.9.2 Ardent Sound 81
  • 3.9.3 ALOKA, Ltd. 81
  • 3.9.4 B-K Medical 81
  • 3.9.5 CIVCO Medical Solutions 81
  • 3.9.6 Esaote Group Company 81
  • 3.9.7 Fischer Medical Technologies 82
  • 3.9.8 GE Healthcare 82
  • 3.9.9 Hitachi Medical Systems America 84
  • 3.9.10 Medison Co., Ltd. 84
  • 3.9.11 MEDRAD 84
  • 3.9.12 Mindray Co., Ltd. 84
  • 3.9.13 Philips Medical 84
  • 3.9.14 Sea Ridge Software 85
  • 3.9.15 Siemens Medical 85
  • 3.9.16 SonoSite 85
  • 3.9.17 Sony Medical Products 85
  • 3.9.18 TeraRecon 85
  • 3.9.19 Toshiba America Medical Systems 86
  • 3.9.20 U-Systems 86
  • 3.9.21 Zonare Medical Systems 86
• 3.10 Manufacturers 86
• 3.11 New Transducer Technology 87
• 3.12 Ultrasound Product Introductions to the Market 88

4. Three- and Four-Dimensional Ultrasonography Markets 90

• 4.1 Total 3D Imaging Market Trends 90
  • 4.1.1 Overview 90
  • 4.1.2 Market Drivers 91
  • 4.1.3 Market Restraints 91
• 4.2 Total 3D Imaging Market Forecasts 92
• 4.3 Three-Dimensional Ultrasound Imaging Market Forecasts 92
• 4.4 Three-Dimensional Imaging Markets 92
  • 4.5.1 Echocardiography: The Largest Growth Area 95
  • 4.5.2 Real-Time Color Doppler System 96
• 4.6 Manufacturers 97

5. Business Trends in the Industry 99

• 5.1 Sector Consolidation 99
• 5.2 Medical Imaging Growth Trends 99
• 5.3 Acquisition, License Agreements, Internal Development and Partnerships 99
• 5.4 Mergers and Acquisitions 99
  • 5.4.1 Center for Diagnostic Imaging Signs With Medicalis 99
  • 5.4.2 HealthSouth Sells Diagnostic Division to The Gores Group 100
  • 5.4.3 AMICAS Acquires Technology Partners' Practice-Management Software 100
  • 5.4.4 MDS Nordion and Avid Radiopharmaceuticals Enter Collaboration 100
  • 5.4.5 NightHawk Radiology Holdings Acquired Teleradiology Diagnostic Service 100
  • 5.4.6 Onex Acquires Kodak' s Health Group 100
  • 5.4.7 Successor to Kodak' s Health Group To Be Called "Carestream Health" 101
  • 5.4.8 Siemens Acquires German HIS Company 101
  • 5.4.9 Siemens Medical Finalizes Acquisition of Bayer' s Diagnostics Division 101
• 5.5 Product Testing Depth in Medical-Imaging Testing 102
• 5.6 Government Regulation 102
  • 5.6.1 U.S. Regulation 102
  • 5.6.2 U.K. Regulation 105
  • 5.6.3 E.U. Regulation 106
  • 5.6.4 Japanese Regulation 107
• 5.7 Increased Market Penetration 108
• 5.8 Partnerships 108

6. Company Profiles 109

• 6.1 Agfa-Gevaert Corp. Heartlab 109
• 6.3 Analogic Corp. 110
• 6.4 Biosound Esaote 111
• 6.5 Boston Scientific 111
• 6.6 B-K Medical 112
• 6.7 GE Healthcare 112
• 6.8 Hitachi Medical Systems America, Inc. 114
• 6.9 Hologic, Inc. 114
• 6.10 Medison Co., Ltd. 117
• 6.11 MEDRAD, Inc. (U.S.) 119
• 6.12 Philips Medical Systems 119
• 6.13 Siemens Medical Solutions 120
• 6.14 SonoSite, Inc. (U.S.) 123
• 6.15 Toshiba America Medical Systems 123
• 6.16 Varian Medical Systems, Inc. 124

INDEX OF FIGURES

• Figure 2.1: U.S. Annual Percent Increase in Imaging Market Size, 2003 to 2012 11
• Figure 2.2: Worldwide Annual Percent Increase in Imaging Market Size, 2002 to 2011 11
• Figure 2.3: Global Market Share of Contrast Media Markets 22
• Figure 2.4: Global Market Share of Medical Imaging and Diagnostic Companies 27
• Figure 3.1: Annual Increase in Worldwide Sales of Ultrasound Equipment, 2001 to 2010 64
• Figure 3.2: Annual Increase U.S. Sales of Ultrasound Equipment, 2001 to 2010 65
• Figure 3.3: Annual Increase in Worldwide Sales of Cardiology Ultrasound Equipment, 2001 to 2010 69
• Figure 3.4: U.S. Annual Increase in Worldwide Sales of Cardiology Ultrasound Equipment, 2001 to 2010 70
• Figure 3.5: Annual Increase in U.S. Sales of Handheld Ultrasound Equipment, 2001 to 2010 74
• Figure 3.6: Annual Increase in Worldwide Sales of Ultrasound Contrast Agents, 2000 to 2010 78

LIST OF TABLES

• Table 2.1: U.S. Medical Imaging Market Size, 2001 to 2012 10
• Table 2.2: Global Medical Imaging Market Size, 2001 to 2012 11
• Table 2.3: U.S. Healthcare Expenditures 12
• Table 2.4: U.S. Health Expenditures as a Percentage of GDP, 1998 to 2010 12
• Table 2.5: U.S. User Expenditures for Medical Imaging Equipment and Related Products 13
• Table 2.6: Comparison of Spending on Health by Country 13
• Table 2.7: Spending on Health by Country 13
• Table 2.8: Millions of Americans Over 65 Years of Age, 2000 to 2050 13
• Table 2.9: Percent Change in Volume of Examinations per Imaging Modality: 1996 to 2006 16
• Table 2.10: Market Share of Contrast Media Markets 22
• Table 2.11: Worldwide Market Share of Medical Imaging and Diagnostic Companies 26
• Table 2.12: Worldwide Imaging Procedures, 2001 to 2012 33
• Table 3.1: Ultrasonography Comparison: U.S. vs. Europe 49
• Table 3.2: Worldwide Ultrasound Procedures, 2000 to 2010 64
• Table 3.3: Worldwide Sales of Ultrasound Equipment, 2000 to 2010 64
• Table 3.4: U.S. Sales of Ultrasound Equipment, 2000 to 2010 65
• Table 3.5: Worldwide Cardiology Ultrasound Procedures 68
• Table 3.6: Worldwide Sales of Cardiology Ultrasound Equipment, 2000 to 2010 69
• Table 3.7: U.S. Sales of Cardiology Ultrasound Equipment, 2000 to 2010 69
• Table 3.8: Worldwide Sales of Handheld Ultrasound Equipment, 2000 to 2012 73
• Table 3.9: U.S. Sales of Handheld Ultrasound Equipment, 2000 to 2012 74
• Table 3.10: Worldwide Sales of Ultrasound Contrast Agents, 1999 to 2010 78