Abstract
Research Methodology:
- Primary research
- Frost & Sullivan published research services
- Decision support databases (DSDs)
- Proprietary database
- Regulatory archives
Market Snapshot
- China has more number of CT scanner installations when compared to other high end modalities such as Magnetic Resonance Imaging and Positron emission Tomography scanners.
- The market has witnessed strong growth in the recent years and impelled by new entrants.
- The Chinese market is cost conscious and dominated heavily by the public sector.
- Currently hospitals in China tend to purchase single, dual, and four sliced models based on affordability. Price erosion in the CT scan segment is expected to drive the market further.
- There is a gradual increase in the number of hospitals and stand-alone imaging centers, which would boost the installation of CT and X-ray in China. The last two decades has faced a gradual increase in the number of healthcare institutions and have nearly doubled.
- There are many local manufacturers of X-ray and hence the penetration by the multinational companies is minimal in this segment.
- Technology awareness has driven patient demand as well as physician familiarity this in turn increases the market for CT and X-ray.
Geographical Regions Covered: China
Base Year : 2004
Forecast Period : 2005-2007
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