| Healthcare Reforms Encourage Strategic Alliances
Ultrasound imaging is a safe, non-invasive, non-ionizing procedure that makes it a routine treatment choice among physicians. However, continued cost-containment ressures from managed care organizations, such as Medicare, are
forcing ultrasound equipment manufacturers to minimize costs while still providing quality products. Companies can increase their chances for success by partnering with other participants to increase market share, save on research and development costs, and enter new application areas.
This informative Frost & Sullivan study analyzes the radiology, cardiology, obstetrics and gynecology, interventional, and other segments of the world
medical diagnostic ultrasound imaging equipment markets. By identifying prime market drivers, restraints, and challenges, Frost & Sullivan provides the detailed information you need to find success in this industry.
Under-Served Regions Spur Market Growth
Competition in this industry is extremely intense, especially in the U.S., western Europe, and Japan. Forward-thinking companies have begun to look outside these established markets and are turning their attention to developing markets in the Far East, Eastern Europe, and Latin America. The rapidly increasing demand for ultrasound equipment in these regions is expected to
drive growth over the forecast period.
"These emerging markets are where the future growth of this industry is headed," states the author of this report. "Establishing a global presence in these regions, backed by a good distribution network and customer service, is the recipe for achieving significant market penetration."
Refurbished Equipment Market Flourishing
In the past, the use of refurbished imaging equipment was seldom practiced. The improving quality of these systems over the years, however, means there is substantial growth opportunity for companies that can renovate used ultrasound imaging systems.
"The refurbishing industry for imaging equipment is flourishing these days as companies have improved their overall standards and quality of goods sold,"
states the author.
This Frost & Sullivan study offers the most comprehensive research available on the key issues in the medical ultrasound imaging equipment markets. By
offering latest intelligence, this strategic analysis can help your company fully evaluate the market's potential and make informed decisions.
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