Imaging Parts Providers: A Hot Competition

While the economy has proven to be volatile and healthcare has proven to shift more than an electric rodeo bull. While these kinds of issues have become a source of trepidation for everyone, including diagnostic imaging equipment providers, there are openings. The business as a whole is solid, with massive market projections that are looking at somewhere in the neighborhood 30 billion dollars by 2017. Manufacturing is strong as new modalities and technologies get clearances, and pricing is staying in a fair range given recent pushes to ensure that actual procedures don’t vary in terms of price.

The one market that seems to be heating up in terms of intense competition is the imaging parts market. What’s making the parts market so incredibly hot right now, among other things, is the fact that there are many new competitors flooding the market and attempting to get in on the action. Equipment as a whole is a different story, equipment depends on imaging centers going up, hospitals refurbishing their facilities, and clinicians looking to expand the scope of their practice.

A major factor that makes this competition hot is the fact that the refurbished equipment market has taken center stage, especially on the international scene because Eastern European markets, as well as Asian markets, are acquiring equipment. So how does this work? Parts can range in terms of size, weight, purpose, and price. Parts are often times acquired in greater amounts and seemingly easier to sell. This type of competition within the parts sector does offer an emphasis in quality and record keeping.