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Will the Economic Slowdown Affect the Medical Imaging Business Globally?
Date:1/19/2009

Frost & Sullivan to Host Quarterly Analyst Briefing on the European Medical Imaging market on Wednesday 28 January 2009

LONDON, Jan. 19 /PRNewswire/ -- The Healthcare Group at Frost & Sullivan is pleased to announce its 2009 Quarterly Analyst Briefing Presentation on the European Medical Imaging Market to be held on Wednesday, 28 January, 2009 at 2 p.m. GMT.

(Logo: http://www.newscom.com/cgi-bin/prnh/20081117/FSLOGO)

The global economic meltdown has ensured reduced uptake rates for most medical imaging modalities across Europe. The medical imaging industry also experienced lower expenditure on research and development in 2008, thereby hindering the launch of new technologies.

With the exception of imaging modalities such as interventional radiology and digital mammography, manufacturers have faced enormous challenges pertaining to limited volume sales. The majority of global medical imaging vendors have therefore focused their growth strategies towards post sales servicing and support as well as innovative consulting services for hospitals.

Highlights of the briefing include analyses of the growth trends, medical imaging market sizing, future projections and major upcoming product innovations and market launches.

This briefing will benefit manufacturers of medical imaging modalities, medical imaging display monitors and PACS vendors as well as distributors by discussing emerging trends and providing forward projections for the European medical imaging market.

"Reduced volume sales of imaging devices have compelled vendors to search for alternative revenue generation streams such as application software and integration services," notes Frost & Sullivan Research Analyst Krishanu Bhattacharjee.

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