Silent Scan Technology Market to expand at a CAGR of 5.4%, by 2026

Report Id : REP-GB-1623 Published On : June-2016 Category : Healthcare, Pharmaceuticals and Medical devices

Silent Scan Technology Market: Global Industry Analysis and Opportunity Assessment 2016 - 2026

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Research Methodology (1/2)

SYSTEMMATIC RESEARCH APPROACH

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Silent Scan Technology Market

High Cost and Lack of Awareness Key Challenges for Adoption of Silent Scan Technology: FMI Survey Adoption of silent scan technology continues to face major challenges, with high cost and a general lack of awareness being the key restraints, according to a new survey by Future Market Insights (FMI).

The survey was conducted among respondents from 300 global healthcare facilities, spanning sectors in North America, Latin America, Western Europe, Eastern Europe, Middle East & Africa (MEA), Asia Pacific excluding Japan (APEJ), and Japan. Majority of the respondents in the survey were from the U.S., Canada, Germany, the U.K., the Netherlands, Belgium, Australia, Saudi Arabia and the U.A.E. Although 44% of responding healthcare facilities currently own an MRI machine with silent- or softscan technology, a majority of them were averse to installing one in the future. In addition to high cost of silent scan MRIs and lack of awareness, respondents cited absence of distribution facility and insufficiency of technology as other key factors for not having an MRI machine with silent scan technology.

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Silent Scan Technology Market

“Silent scan technology is at a nascent stage globally, and although it serves as an effective model for reducing decibel levels, high cost continues to impede its widespread adoption,” said Vrishali Bhagwat, FMI consultant, and co-author of the report Silent Scan Technology Market - Emergence of Private Hospitals Segment as the Most Prominent End User is a Key Factor Driving Revenue Growth.

“However, the future looks promising for the technology, as there’s an overall appreciation of the technology, especially among end-users in the private hospitals segment. As technology makes a headway and prices become competitive, adoption is expected to pick up globally.”

FMI’s survey found that adoption varied widely based on the type of healthcare setting. While hospitals are the leading end-users, respondents in private hospitals are more receptive towards the adoption of silent scan technology. Satisfaction with the overall effectiveness of silent scan MRIs is exceedingly high and there’s a sense of understanding that silent scan MRIs do what they promise— quiet, noise-free MRI scans. “Silent scan MRIs received a higher rating than their noisy counterparts from respondents, and this represents an underlying sentiment that the technology per se isn’t the root cause for slow adoption,” added Vrishali.

According to FMI’s market forecast report, silent scan installation base is anticipated to reach 1,815 units in 2016, up from 1,015 units in 2015.

Silent Scan Technology Market

Silent scanners constituted 1% of total MRI machine installations in 2015, and owing to their positive reception among end-users, their adoption is expected to witness a steady increase during the forecast period.

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Hospitals are the leading end-use segment in the global silent scan technology market, and are expected to account for nearly 50% volume share of the market in 2016. Regionally, North America and Asia Pacific excluding Japan (APEJ) are the two largest markets, accounting for over 50% share of the global market in terms of volume. The market in these two regions is dominated by the U.S. and China respectively.

FMI’s report forecasts the global silent scan technology market to increase at a steady compound annual growth rate (CAGR) of 5.4% through 2026.

Table of Content

1.Research Methodology 2.Assumptions & Acronyms Used 3.Executive Summary 3.1.Silent Scan Technology Market Taxonomy 3.2.Silent Scan Technology Market Volume Forecast, 2016–2026 3.3.Silent Scan Technology Market Opportunity 3.4.Silent Scan Technology Market Proportion By Segments 4.Global Silent Scan Technology Market Overview

Table of Content

4.1.Global MRI Systems Volume Data By Top 10 Countries/Region 4.1.1.Germany 4.1.2.African Continent 4.1.3.North & South Korea 4.1.4.India 4.1.5.Italy 4.1.6.ASEAN 4.1.7.Middle East 4.1.8.Japan 4.1.9.China 4.1.10.U.S. 4.2.Silent Scan Technology Market Definition & Scope 4.3.Global Diagnostic Imaging Market - Parent Market Analysis, 2016 (E) 4.4.Silent Scan MRI Systems v/s Non-Silent Scan MRI Systems

Table of Content 5.Global Silent Scan Technology Market PEST Analysis 6.Silent Scan Technology – Primary Verbatim

7.Silent Scan Technology Price Estimation By Region 7.1.North America 7.2.Latin America 7.3.Western Europe 7.4.Eastern Europe 7.5.APEJ 7.6.Japan 7.7.MEA

Table of Content

8.Global Silent Scan Technology – End User Survey & Analysis

9.Global Silent Scan Technology Market Analysis By End User, 2016-2026 9.1.Global Silent Scan Technology Market Volume By End User, 2016-2026 9.2.Global Silent Scan Technology Market Y-o-Y Growth Rate By End User, 2015-2026

9.3.Global Silent Scan Technology Market Attractiveness Index By End User, 2016-2026 10.Global Silent Scan Technology Market Analysis By Region, 2016-2026 10.1.Global Silent Scan Technology Market Proportion By Region 10.2.Global Silent Scan Technology Market Volume By Region, 2016-2026 10.3.Global Silent Scan Technology Market Y-o-Y Growth Rate By Region, 2015-2026

Table of Content 10.4.Global Silent Scan Technology Market Attractiveness Index By Region, 2016-2026 10.5.Silent Scan Technology Market Volume By Top 10 Countries 10.5.1.U.S. 10.5.2.Brazil 10.5.3.Germany 10.5.4.U.K. 10.5.5.Italy 10.5.6.France 10.5.7.Spain 10.5.8.China For more insights on the Silent Scan Technology Market, you can request a report sample with full TOC at http://www.futuremarketinsights.com/reports/sample/rep-gb-1623

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