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Medical Imaging Modality Vendors Should Focus on Innovation and Alliances with Market Leaders, Advises Frost & Sullivan
Date:7/13/2009

LONDON, July 13 /PRNewswire/ -- The market for most medical imaging devices is at a mature phase. Most unit shipment sales are geared towards the replacement of older systems. Global conglomerates, which have a combined market share of about 80 per cent, dominate the market. However, there are many small regional vendors that have carved out a significant presence in the medical imaging industry in Europe. Innovation will be critical for success in this market.

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New analysis from Frost & Sullivan (http://www.medicalimaging.frost.com), Company Profiles - Medical Imaging Modality Vendors, finds that the European medical imaging industry is the second largest in the world after the U.S. It is estimated that the value of the total medical imaging industry in Europe is nearly $5.35 billion. This research profiles market participants in the computed tomography (CT), magnetic resonance imaging (MRI) and radiography segments.

If you are interested in a virtual brochure, which provides a brief synopsis of the research and a table of contents, then send an e-mail to Katja Feick, Corporate Communications, at katja.feick@frost.com, 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, a brochure will be sent to you by e-mail.

"Investment in R&D is directly proportionate with the number of new and innovative
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SOURCE Frost & Sullivan
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