Twelve Predictions for Medical Electronics in 2012

December 21, 2011 – 10:18 am

Simon Harris, Senior VP, InMedica

Simon Harris, Senior VP, InMedica

Amid the flurry of year-end lists and predictions that have landed in my inbox in the past few days, 12 Predictions for 2012 in the Medical Electronics Industry from market research firm InMedica caught my eye. It’s a mixed bag—what isn’t these days?—but there is enough optimism in the aggregate to make InMedica Senior VP Simon Harris smile. Here are some of the report highlights.

  1. Double digit growth ahead for point-of-care (POC) ultrasound. Driven by anaesthesiology, musculoskeletal, emergency medicine and critical care applications, POC ultrasound is expected to record 44% growth between 2011 and 2015.
  2. A new generation of wireless flat-panel x-ray detectors deployed in mobile x-ray systems will find market success. Global revenue growth for wireless mobile x-ray systems will push into the double digits in 2012, according to InMedica.
  3. Slow growth—less than 5%—is forecast for the CT, MRI and angiography and cardiology x-ray markets.
  4. The forecast for cloud-based picture archiving and communication systems remains gloomy: an increase of 1.3% and 0.5% in North America and Western Europe, respectively.
  5. The use of mobile phones for telehealth applications will grow at a robust 68% CAGR between 2010 and 2020, outstripping the 48.8% CAGR projected growth for the overall telehealth market.
  6. Revenues for the hospital patient monitor market and home medical equipment will slide in 2012.
  7. Nobody wants to look at black and white images (unless it’s a French-made homage to silent Hollywood movies): Colour ultrasound systems will dominate the Chinese ultrasound market. And, China is going digital: flat panel digital radiography systems will see 20% growth in 2012.

For the full report, go to Access is free, but registration is required.

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