Navigation Links
Economic Crisis Impacts US Diagnostic Imaging Systems Market
Date:11/10/2008

Slowing economy affecting MRI, CT, and nuclear medicine systems, according to Millennium Research Group

WALTHAM, Mass., Nov. 10 /PRNewswire/ -- According to Millennium Research Group's (MRG's) US Markets for Diagnostic Imaging Systems 2009 report and its US Imaging Marketrack(TM) service, a combination of factors involving the current state of the US economy, excess installed capacity, and regulatory initiatives aimed at managing health care costs will have a negative effect on sales of computed tomography (CT) systems, magnetic resonance imaging (MRI) systems, and nuclear medicine scanners over the next five years.

The effect of the US economic downturn in the diagnostic imaging market was evident in MRG's US Imaging Marketrack(TM) findings. Compared to Q2 2008, respondents in Q3 reported lower facility financial health and a notable decrease in diagnostic imaging purchase intentions.

"In addition to the current credit crunch, which has made raising capital for new purchases more difficult and expensive for many facilities," says David Plow, Manager of MRG's Diagnostic Imaging division, "there are already over 8,000 MRI scanners installed in the US, meaning the market has reached saturation. Compounding these restrictions, most MRI facilities are operating below capacity and, as a result, do not intend to purchase additional scanners."

Government cost-cutting initiatives are further dampening revenues. The implementation of the Deficit Reduction Act (DRA) has constrained the market for diagnostic imaging systems. Reduced reimbursements enforced by the DRA have made investment in additional scanners more difficult for nonhospital facilities. Furthermore, proposed initiatives from Centers for Medicare and Medicaid Services (CMS) designed to regulate contrast-enhanced procedures performed in physician offices to restrict self-referral will also hinder scanner sales.

MRG's global coverage of the diagnostic imaging systems marke
'/>"/>

SOURCE Millennium Research Group
Copyright©2008 PR Newswire.
All rights reserved

Page: 1 2 3

Related medicine news :

1. Current Economic Situation Prompts Increased Smoking, Delay in Quit Attempts, Middle and Low-Income Americans Hit Hardest
2. Andy Tate, North Star Resource Group Advisor, Named One of Medical Economics 150 Best Financial Advisors for Doctors
3. XanGo, Direct Selling Provide Answers in Economic Downturn
4. Survive the Economic Downturn Through Innovations in Integrated Customer Strategies
5. Obama Puts Healthcare, Economic Relief for Middle Class First in Prime-Time Special
6. Susan Lark, MD Offers 5 Tips for Managing Stress During Tough Economic Times
7. Economic Update: You Should Invest (in Your Appearance)
8. Leading Insurer Offers Education on How Supplemental Insurance Can Help Offset Challenging Economic Trends in Canadian Market
9. Stroller Strides(R) Franchises Succeed Despite Economic Climate
10. No Need to Forego Nutrition in Tight Economic Times
11. Nations Economic Downturn Threatens Continuity of Care for Chronic Conditions
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:8/29/2015)... York, NY (PRWEB) , ... August 29, 2015 , ... ... unofficial end of summer (which astronomically, officially ends on September 22nd this year). For ... summer-induced cyber security hangovers linger on which could prove far more costly than a ...
(Date:8/29/2015)... ... 2015 , ... The popular television program VOICES IN AMERICA, hosted by legendary ... be devoting an entire short segment to the subject of diabetes. Diabetes is a ... a daily basis, but recent advancements in medical science may prove to be a ...
(Date:8/28/2015)... ... , ... An online provider of CPAP machines, masks, supplies, and accessories, My ... affordable by offering shipping at no cost to you, directly to your door on ... size. My Cpap Store is located in Las Vegas, Nevada. , Sleep apnea is ...
(Date:8/28/2015)... ... , ... With the goal of furthering music education programs in schools, the ... County Fairgrounds in Mendon, IL on May 30th, 2015. Backed once again by Best ... the underfunded school districts of Mendon and its neighboring town of Quincy, IL. Best ...
(Date:8/28/2015)... ... August 28, 2015 , ... The 6th Annual Survivor in the City, ... added yet another accolade to its cadre of widespread support—an official letter of support ... help of the medical community and the University of Illinois at Chicago’s Department of ...
Breaking Medicine News(10 mins):Health News:Business Cyber Security – Come Out of the Summer with a Clean Slate 2Health News:Business Cyber Security – Come Out of the Summer with a Clean Slate 3Health News:Business Cyber Security – Come Out of the Summer with a Clean Slate 4Health News:My Cpap Store Now Offering Delivery Special 0 Cost to You 2Health News:Best Drug Rehabilitation Interviews Country-Rock Duo Highway Run at the 2015 "Music With A Mission" Benefit Concert 2Health News:Chicago Mayor Pens Official Support of Annual Survivor in the City Event Benefitting Brain Aneurysm Foundation 2Health News:Chicago Mayor Pens Official Support of Annual Survivor in the City Event Benefitting Brain Aneurysm Foundation 3
... MOBILE PHONE ALERT: Evidence and recommendations from scientists and physicians ... June 19 Prominent researchers around the world are raising ... Today there are 4 billion cell phones in the world, ... -- PDAs, Wi-Fi, cordless phones, baby monitors and more -- ...
... Pa., June 19 Kensey Nash Corporation (Nasdaq: ... innovative solutions and technologies for a wide range of ... adopted a stockholders, rights plan. The rights plan is ... potentially coercive takeover practices or takeover bids and to ...
... , BEIJING, June 19 /PRNewswire-Asia-FirstCall/ ... CMED ), a leading China-based medical device,company that develops, ... unaudited preliminary financial results for,the fourth fiscal quarter (,4Q ... March 31, 2009 (,FY2008,). The Company,s 2008 fiscal ...
... ... to be recognized with prestigious professional designation , ... Philadelphia, PA (Lexis Nexis) June 19, 2009 -- Galfand Berger, a Philadelphia-based ... decades, today announced that three of its attorneys have been named by Pennsylvania Super Lawyers ...
... Bariatric Advantage, Division ... scheduled for June 21-26 in Dallas, TX. , ... Irvine, CA (PRWEB) June 19, 2009 -- Bariatric Advantage, Division of Catalina ... June 21-26 in Dallas, TX. "The new products have been developed to meet the ...
... for Good Times , , MALIBU, Calif., June 18 ... championship event that features the highest quality wave-riding skills the ... Saturday and Sunday, June 20 and June 21. The ... help children with Cancer, is free to the public. , ...
Cached Medicine News:Health News:'Radiation Rescue: 4 Steps to Safeguard Your Family from the Other Inconvenient Truth - The Health Hazards of Wireless Technology' 2Health News:Kensey Nash Corporation Adopts Stockholder Rights Plan 2Health News:Kensey Nash Corporation Adopts Stockholder Rights Plan 3Health News:Kensey Nash Corporation Adopts Stockholder Rights Plan 4Health News:China Medical Technologies Announces Selected Unaudited Preliminary Financial Results for the Fourth Fiscal Quarter and Full Year Ended March 31, 2009 2Health News:China Medical Technologies Announces Selected Unaudited Preliminary Financial Results for the Fourth Fiscal Quarter and Full Year Ended March 31, 2009 3Health News:Three Attorneys from Philadelphia's Galfand Berger Honored as Pennsylvania Super Lawyers 2Health News:Bariatric Advantage to Introduce Ten (10) New Products at ASMBS 2
(Date:8/28/2015)... y LONDRES, 28 de agosto de 2015 ... anunció hoy su participación en el  Congreso de ... soluciones cardiológicas más recientes y novedosas, entre ellas ... conectan a las personas y la tecnología con ... a diagnosticar, guiar los tratamientos y permitir atención ...
(Date:8/28/2015)... 2015 The global mHealth ... billion by 2020, growing at a CAGR of 47.6% ... by Grand View Research, Inc. Monitoring services is expected ... 2014 to 2020.      (Logo: http://photos.prnewswire.com/prnh/20150105/723757 ... rising incidences of chronic diseases such as cancer, heart ...
(Date:8/27/2015)... Aug. 27, 2015  A recent study by ... Journal, compared the Arthrosurface HemiCAP® Wave implant, which ... an "onlay" design implant for isolated patellofemoral disease. ... function and pain scores, none of the patients ... (OA). However, 53% of the patients in the ...
Breaking Medicine Technology:Philips presenta nuevas soluciones cardiológicas integradas para desarrollar procedimientos menos invasivos 2Philips presenta nuevas soluciones cardiológicas integradas para desarrollar procedimientos menos invasivos 3Philips presenta nuevas soluciones cardiológicas integradas para desarrollar procedimientos menos invasivos 4Philips presenta nuevas soluciones cardiológicas integradas para desarrollar procedimientos menos invasivos 5mHealth Market is Expected to Reach $49.12 Billion By 2020: Grand View Research, Inc. 2mHealth Market is Expected to Reach $49.12 Billion By 2020: Grand View Research, Inc. 3mHealth Market is Expected to Reach $49.12 Billion By 2020: Grand View Research, Inc. 4mHealth Market is Expected to Reach $49.12 Billion By 2020: Grand View Research, Inc. 5Study Demonstrates Dramatic Reduction in Progression of Osteoarthritis with the Arthrosurface "Inlay" Patellofemoral Implant Design Compared to Traditional "Onlay" Implant 2Study Demonstrates Dramatic Reduction in Progression of Osteoarthritis with the Arthrosurface "Inlay" Patellofemoral Implant Design Compared to Traditional "Onlay" Implant 3
... Mindray Medical International Limited (NYSE: MR ), ... worldwide, today announced the introduction of the company,s new ... and white portable unit provides outstanding imaging quality in ... numerous specialty markets. With DP-50,s launch, Mindray has expanded ...
... LONDON, September 16, 2011 Concateno Welcomes the Campaign ... th July, John Page was sentenced to eight months in prison ... Page,s vehicle hit Lillian while she was playing outside her home in ... the time of the accident, police also found a half-smoked cannabis joint ...
Cached Medicine Technology:Mindray Introduces DP-50 Portable Ultrasound System in the U.S. 2Mindray Introduces DP-50 Portable Ultrasound System in the U.S. 3Drug-Driving: Draw the Line Now 2Drug-Driving: Draw the Line Now 3Drug-Driving: Draw the Line Now 4
... Eppendorf Reference Series 2000 Pipette is a ... a compact and robust design, and superior ... used to operate the measuring stroke and ... Product features:Eppendorf "pipette/tip" system ensures utmost accuracy ...
Inquire...
... Pipette is a synonym for pipetting accuracy, ... design, and superior operating comfort. Its single, ... measuring stroke and blow-out as well as ... ensures utmost accuracy and precision. Ejection sleeve ...
... Reference Series 2000 Pipette is a synonym ... compact and robust design, and superior operating ... to operate the measuring stroke and blow-out ... features:Eppendorf "pipette/tip" system ensures utmost accuracy and ...
Medicine Products: