Navigation Links
Encouraging Prospects for Medical Imaging Equipment Services in Europe

LONDON, Dec. 2 /PRNewswire/ -- Services form an integral part of most of original equipment manufacturers' (OEMs') revenues. It has therefore become essential for service providers in the European medical imaging services market to remain competitive and constantly improve their services and contract penetration rates.


New analysis from Frost & Sullivan ( European Medical Imaging Equipment Services Market, finds that the market earned revenues of $1.52 billion in 2007 and estimates this to reach $1.98 billion in 2014.

"The increase in high-end modality installations will spur growth in the related services market," notes Frost & Sullivan Research Analyst Smruti Munshi. "In particular, the expansion in high-end modality installations for magnetic resonance imaging (MRI) and computed tomography (CT) is a solid driver for the European medical imaging equipment services market."

As hospitals and other healthcare organisations want to keep pace with new developments and maintain state-of-the-art equipment, they opt for timely software and hardware upgrades. They also want to be prepared for the anticipated increase in the number of applications and improvements in diagnosis and image quality.

"The one-size fits all approach is no longer applicable as customers seek a more personal approach and customised service solutions," says Munshi. "The different healthcare scenarios where medical imaging is performed should be studied properly by service providers to plan flexible service contracts."

The installation of high-end modalities such as CT and MRI in hospitals requires specially planned and equipped rooms with designed infrastructure. Thus, consultancy, installation and commissioning generate considerable expenditure, above and beyond the cost of the hardware.

There is also a need to train staff for effective usage of the equipment, particularly when upgrades occur or new software is installed. Training is therefore an important area from which OEMs derive their revenues.

"Developing a consultative and flexible approach towards end users is important as the medical imaging equipment market becomes saturated," states Munshi. "Service providers can reduce the scepticism and cynicism of customers about buying comprehensive service contracts by taking a consultative approach to the provision of services."

An ideal way of tackling this market would be to review agreements and offer innovative solutions at every stage of the service cycle. Service contracts should be customised by reviewing an imaging department's set up, equipment and usage levels.

If you are interested in a virtual brochure, which provides manufacturers, end users, and other industry participants with an overview of the European medical imaging equipment services market, then send an e-mail to Patrick Cairns, Corporate Communications, at, with your full name, company name, title, telephone number, company e-mail address, company website, city, state and country. Upon receipt of the above information, an overview will be sent to you by e-mail.

European Medical Imaging Equipment Services Market is part of the Medical Imaging Growth Partnership Service programme, which also includes research in the following markets: mammography, radiology PACS and ultrasound. All research included in subscriptions provide detailed market opportunities and industry trends that have been evaluated following extensive interviews with market participants. Interviews with the press are available.

Frost & Sullivan, the Growth Partnership Company, partners with clients to accelerate their growth. The company's TEAM Research, Growth Consulting and Growth Team Membership(TM) empower clients to create a growth-focused culture that generates, evaluates and implements effective growth strategies. Frost & Sullivan employs over 45 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from more than 30 offices on six continents. For more information about Frost & Sullivan's Growth Partnership Services, visit

              European Medical Imaging Equipment Services Market

     Patrick Cairns
     Corporate Communications - Europe & Africa
     P: +27 18 468 2315

SOURCE Frost & Sullivan
Copyright©2008 PR Newswire.
All rights reserved

Related medicine news :

1. New electronic health records demonstration project encouraging step says ACP
2. Tubbs Jones Introduces Resolution Encouraging STD Prevention
3. Sanofi-aventis: Encouraging First-Quarter 2008 Results Further Positive Phase III Results for Eplivanserin
4. Health and Fitness Industry Gets Moving on Capitol Hill to Champion Legislation Encouraging Exercise
5. Analysis of cancer incidence, mortality and survival combined reveals encouraging European trends
6. Sanderson Farms Launches New Summer Program Encouraging Families to Get Healthy
7. CoreValve Announces That More Than 1,800 High-Risk Patients Have Been Treated with its ReValving System for Percutaneous Aortic Valve Replacement (PAVR) : Highly encouraging registry data also presented at TCT 2008
8. Hormone Normalization Shows Encouraging Effects In Documented Clinically Deficient Men/Women
9. QLT announces encouraging Phase II data from core study of Punctal Plug Drug Delivery System
10. Bright tumors, dim prospects
11. Clinical Trial Investigators Update Wall Street on Progress and Prospects of Cell Therapeutics, Inc.s Drug Pipeline
Post Your Comments:
(Date:11/29/2015)... ... ... Effective immediately, every single IguanaMed scrub style will be available at Target via ... “Buy One Scrub Set, Get the 2nd Scrub Set 50% Off” for a limited ... price. , IguanaMed’s mission is to outfit every healer around the world ...
(Date:11/28/2015)... , ... November 28, 2015 , ... Safe storage for ... of two inventors, one from Lakewood, New Jersey and the other from Bradley Beach, ... patent-pending PROTECTOR to save the expense of having to replace NuvaRings more often than ...
(Date:11/28/2015)... ... November 28, 2015 , ... Pixel Film Studios is back again ... choose from, the possibilities are endless. Users have full control over angle of view, ... masking effects, users are sure to get heads to turn. , ProPanel: Pulse offers ...
(Date:11/27/2015)... ... 27, 2015 , ... According to an article published November 6th ... the University of British Columbia suggested that laws requiring bicyclists to wear helmets may ... part of the reason for the controversial conclusion is that, while helmets have certainly ...
(Date:11/27/2015)... , ... November 27, 2015 , ... A team of ... ways to treat it. Surviving Mesothelioma has just posted the findings on the website. ... Hospital Zurich analyzed the cases of 136 mesothelioma patients who were treated with chemotherapy ...
Breaking Medicine News(10 mins):
(Date:11/26/2015)... 2015 ) ... "Radioimmunoassay Market by Type (Reagents & Kits, ... Clinical Diagnostic Labs), Application (Research, Clinical Diagnostics), ... report to their offering. --> ... of the "Radioimmunoassay Market by Type ...
(Date:11/25/2015)... 2015 ... "Global Brain Monitoring Devices Market 2015-2019" ... ) has announced the addition ... Market 2015-2019" report to their offering. ... ) has announced the addition of ...
(Date:11/25/2015)... THOUSAND OAKS, Calif. , Nov. 25, 2015 /PRNewswire/ ... of a Biologics License Application (BLA) with ... Administration (FDA) for ABP 501, a biosimilar candidate to ... the first adalimumab biosimilar application submitted to the FDA ... biosimilar pathway. Sean E. Harper , M.D., ...
Breaking Medicine Technology: