August 7, 2008 - The market for adjunct breast imaging systems, including breast magnetic resonance imaging (MRI) coils, dedicated breast MRI systems and breast-specific gamma imaging (BSGI) systems, will grow at a compound annual growth rate (CAGR) of almost 28 percent over the next five years, according to Millennium Research Group's (MRG) U.S. Markets for Womenï¿½s Health Imaging Systems 2008 report.
Radiologists expect dedicated breast MRIs to skyrocket over the next five years, said the report by the Millennium Research Group.
Given the dramatic growth exhibited by these market segments, MRG conducted a survey of radiologists who regularly perform breast-imaging procedures in order to gauge the future adoption of breast imaging modalities. The respondents showed a strong preference for breast MRI, particularly dedicated breast MRI, the fastest-growing market segment. On average, only 4 percent of breast imaging procedures employed MRI in 2008, yet almost all respondents expect this modality to be more heavily used by 2013, fueled by both falling procedure costs and improved image quality.
"Although we expected MRI to post a strong showing due to its proven clinical capabilities, it was surprising to see just how important radiologists expect dedicated breast MRI systems to become by 2013," says David Plow, manager of MRG's Imaging division. "This trend is particularly enlightening when you consider the rankings other breast imaging modalities received when the respondents were asked to forecast system popularity five years out."
Source: Millennium Research Group
For more information: www.mrg.net