U.S. procedure volume in nuclear medicine (excluding PET studies) has been growing at an annualized rate of 5% since 2002, according to a new report published by market research firm IMV Medical Information Division of Des Plaines, IL.
An estimated 19.7 million nuclear medicine studies were performed in 2005 during 17.2 million patient visits in the U.S. in 2005, a 15% growth rate over three years. IMV's new report, "2005 Nuclear Medicine Market Summary Report," covers over 7,200 hospitals and nonhospital sites.
The report found that nuclear medicine procedure volume is being driven by cardiovascular applications, according to Lorna Young, senior director of market research. The market share of cardiovascular studies grew to 57% in 2005 compared to 35% in 1992.
This trend has been particularly evident at nonhospital sites like cardiology practices. Cardiovascular imaging now makes up 80% of the procedure volume at nonhospital sites, according to the report.
In other market statistics, the average number of nuclear medicine cameras installed per site is 1.8 units; some two-thirds of the cameras installed at nonhospital locations were installed in 2000 or later, compared to 45% of systems installed at hospital sites; and replacement purchasing is active, with two-thirds of purchase activity being for replacement units.
By AuntMinnie.com staff writers
July 24, 2006
Related Reading
IMV report says US utilization grows, May 8, 2006
Mammography procedures show uptick, March 22, 2006
AuntMinnie's IMV MarketStat #39: Mix of 2004 angiography catheter/stent budgets, February 16, 2006
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