The European women's health imaging system market will grow slowly over the next five years, increasing to $460 million by 2016, according to a new study conducted by Millenium Research Group (MRG).
Most of the European women's health imaging system market will decline, in part due to the European economic crisis. However, overall revenues will increase slightly as a result of growth in the breast imaging system segment, due to the introduction and adoption of more expensive innovative systems, MRG said in its "European Markets for Women's Health Imaging Systems 2012" report.
As Europeans tighten healthcare budgets, there will be a general decline over the next two or three years in all areas of women's health imaging as users delay replacement sales for expensive capital equipment, resulting in lower sales and lower prices, according to MRG. But because breast imaging systems make up more than 50% of the overall European women's health imaging system market, new diagnostic breast imaging systems with premium prices, such as digital breast tomosynthesis, will see significant growth through 2016, the company said.
Newer direct radiography full-field digital mammography systems will continue to increase their share of the mammography segment, from 75% of all units sold in 2011 to more than 97% by 2016, according to MRG.
