Imaging Market Could See Brighter Days Ahead
More than two years into a prolonged economic slump that depressed capital equipment sales and weakened stock prices, manufacturers of diagnostic imaging equipment appear to have reason to smile again as hospitals restart the process of acquiring new equipment to replace aging technology.
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At the 2007 annual meeting of the Radiological Society of North America in November, the sparkle of new innovations was tarnished somewhat by questions about the rapid proliferation of advanced imaging technologies and their cost effectiveness. As a result both new and old technologies are facing an uphill battle to prove their worth in a heavily scrutinized economic environment.