March 06, 2012 08:08 ET

Market Research Projects MRI Market at $6.5 Billion by 2015

ROCKVILLE, MD--(Marketwire - Mar 6, 2012) - has announced the addition of the new report "Medical Imaging Markets: MRI (Magnetic Resonance Imaging) and Ultrasound Markets," to their collection of Biotechnology market reports. For more information, visit

Despite the recession and high installation and maintenance costs, the market for MRI continues to grow. With its ability to image both anatomically and functionally, MRI has found its way into surgical planning and navigation as well as diffusion and perfusion imaging. It is being combined with other modalities to achieve greater image clarity. Three dimensional (3D) MRI is sensitive enough to replace arthroscopy. MRI has been propelled by improved image quality facilitated by higher field strength magnets and the development of new techniques for evaluating specific portions of the complex structures in the brain. In addition, there are growing opportunities for manufacturers of MRI systems in such developing markets as Brazil, Russia, India and China where there has been greater emphasis placed on healthcare in recent years, and increasing expenditures on capital equipment.

Many significant hurdles have been overcome. Scan times have been reduced dramatically, making cardiac imaging possible. Now myocardial contractility and cardiac volumes may be measured with great accuracy. To further add to the cardiac imaging repertoire, intravenous gadolinium contrast agents, in conjunction with sequences designed to assess myocardial perfusion and degree of viability, are becoming commonplace. And, the development of 3T scanners has provided an edge over 1.5 scanners, with faster scan times and improved image clarity.

Overall, Kalorama expects growth in the world medical MRI market to rebound from soft conditions and reach more than $6.5 billion by 2015.

For more information, visit

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