| US Computed Tomography (CT) Systems Market: | | | | increased use in non invasive diagnosis of |
| Strategic Analysis and Opportunity Assessment to | | | | cardiovascular diseases. |
| 2015 report is an essential source of data and analysis | | | | Cardiac Imaging to Present Next Growth Opportunity |
| on the US CT market with complete coverage by | | | | for CT systems |
| categories. The report provides market landscape, | | | | The increasing use of CT scans for diagnosis of |
| competitive landscape and market trends information | | | | cardiovascular diseases is expected to drive the |
| on two market categories – single slice CT and | | | | future market. The latest CT systems have the ability |
| multi slice CT. The report identifies the key trends | | | | to scan large volumes in extremely short times with |
| shaping and driving the dynamism in the US CT | | | | scanning rates faster than heart beat. Although cardiac |
| market. The report also provides insight on the | | | | imaging accounts for only about 4% of all CT |
| prevalent competitive landscape and on the emerging | | | | procedures performed in the US, a significant increase |
| players which are expected to bring significant shift in | | | | is expected due to advances in multi-slice CT |
| the market standing of the existing leaders. The report | | | | technology. This can be attributed to radiologists being |
| also provides valuable insight on the pipeline products | | | | able to capture coronary CT angiographs which were |
| within the US CT market. ( ) | | | | formerly produced by cardiologists using |
| The US Computed Tomography (CT) Systems | | | | catheter-based angiography. |
| Market to Grow at a Modest Pace | | | | Reimbursement Cuts to have Negative Effect on |
| The US Computed Tomography (CT) systems | | | | Market Growth |
| market was valued at $1.2 billion in 2008 and is | | | | Reimbursement cuts for diagnostic imaging tests such |
| forecast to grow by 2.5% annually for the next seven | | | | as CT scans are expected to have a negative effect |
| years to reach $1.4 billion by 2015. The growth will | | | | on new equipment purchases. In 2009, the US |
| primarily be driven by increasing utilization of CT | | | | Medicare Payment Advisory Commission proposed a |
| systems in the diagnosis of many more disease | | | | 44% cut in the physician fee schedule for CT scans. |
| indications, advances in technology and the use of CT | | | | This is expected to lead to reduced interest from |
| in cardiovascular diagnosis. Hospital adoption and | | | | hospitals and independent diagnostic centers as |
| affordability, reduced radiation dosage and expansion | | | | reimbursement cuts will reduce their profits. |
| of CT diagnostic capabilities to more clinical areas such | | | | The US CT Systems Market is Highly Competitive |
| as cardiac imaging will be the key factors influencing | | | | with the Top Four Companies Accounting for a 90% |
| and driving the acceptance of the technology. | | | | Share |
| Multi Slice CT Systems is the Key Segment Driving | | | | Reimbursement cuts for diagnostic imaging tests such |
| Growth in the US CT Systems Market | | | | as CT scans are expected to have a negative effect |
| Multi Slice CT systems are the key market segment | | | | on new equipment purchases. In 2009, the US |
| driving growth within the US CT systems market. This | | | | Medicare Payment Advisory Commission proposed a |
| segment accounted for 95% of the overall CT | | | | 44% cut in the physician fee schedule for CT scans. |
| systems market in 2008 and is forecast to reach $1.4 | | | | This is expected to lead to reduced interest from |
| billion in 2015 with a CAGR of 3.2%. The growth in this | | | | hospitals and independent diagnostic centers as |
| segment is primarily driven by the multiple image | | | | reimbursement cuts will reduce their profits. |
| capturing capability, faster scanning times and | | | | |