Author Archives: IAMERS

Limited Hospital Budgets in Europe Builds Market for Refurbished Medical Imaging Equipment

The Eurozone economic slowdown has made it difficult for hospitals, particularly in Southern Europe, to procure new imaging modalities. With streamlined budgets and escalating number of medical procedures, the need to spend less on technologies while gaining the maximum benefit from them has sustained demand for high-quality refurbished imaging equipment. As a result, refurbished systems are now preferred across most imaging departments, including nuclear medicine, mammography and minimally invasive surgeries in private hospitals. Frost & Sullivan’s Analysis of the European Refurbished Medical Imaging Equipment Market finds the market earned revenue of $417.6 million in 2012 and estimates this to reach $582.3 million in 2019. 

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Medical Device Makers Look East

The once U.S.-centric device business is going global. Startups are forming worldwide, and companies—even American ones—are thinking more about how to innovate with non-Western patients in mind. “Traditionally, people have been very focused on the U.S. market, but now making sure a device is efficient enough to be sold in places like India and China is critical,” Medved says. “If you build it for the U.S. market [only], someone will ambush with a more efficient product for emerging markets.”

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Global Medical Isotope Shortage Follows S. Africa Plant Leak

A leak at a South African Nuclear Energy Corp. plant this month has caused a global shortfall in the supply of isotopes used in millions of medical procedures every year, including treatment and diagnosis of cancer.

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MICI Q4: No Hope On The Horizon For Scanner Purchasing

November 14, 2013 — If you were hoping for good news on a comeback in radiology before this year’s RSNA meeting, you may have to wait a little longer. Radiology administrators continue to have a pessimistic outlook for the fourth quarter of 2013, according to new data from the Medical Imaging Confidence Index (MICI).

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