Frost Radar™: Global Medical Imaging Managed Equipment Services Market, 2022
Published on: 20-Dec-2022 | SKU: HC03621-NA-MR_27295

Need more details?
$4,950.00
DownloadLink
Need more details?

As the number of aging, technologically obsolete imaging systems at medical facilities heightens the need for replacement to new imaging equipment with advanced technology, hospitals and imaging centers (especially in developing economies) seek Managed Equipment Services models that provide a viable long-term equipment procurement strategy. Managed Equipment Services entail offering technical infrastructure support to a healthcare organization for a service fee through a long-term contract (often more than 8 years). The service fee is based on technology usage, which includes fixed and variable components such as per patient, test, or diagnosis.

Frost & Sullivan expects Managed Equipment Services to sustain steady growth during the next 5 years, fueled by the need to optimize the total cost of ownership by healthcare organizations and adopt business models that will help hospitals and imaging facilities shift from CapEx to OpEx. The rapid adoption of Managed Equipment Services as a business model is expected across radiology practices, especially among mid and small-sized radiology centers.

In a field of more than 100 global industry participants, Frost & Sullivan independently plotted the top 15 companies in this Frost Radar™ analysis. Analysis focuses on services for capital imaging equipment comprising computed tomography (CT), magnetic resonance imaging (MRI), molecular imaging and interventional x-ray, and mid-tier capital equipment covering ultrasound, mammography, and general radiography. It excludes services for biomedical devices and patient monitoring.

Companies plotted on the Frost Radar™ are leaders in the industry for Growth, Innovation, or both. They are instrumental in advancing the industry into the future.

Definition

The Strategic Imperative

Growth Environment

Frost Radar™: Medical Imaging Managed Equipment Services Market

Frost Radar™: Competitive Environment

Frost Radar™: Managed Equipment Services Market

Philips

GE Healthcare

Siemens Healthineers

Canon Medical

TRIMEDX

United Imaging Healthcare (UIH)

Mindray

Agiliti Health

Agfa

Shimadzu

Hologic

Althea Group

BC Technical

Carestream

FONAR Corporation

Strategic Insights

Significance of Being on the Frost Radar™

Frost Radar™ Empowers the CEO’s Growth Team

Frost Radar™ Empowers Investors

Frost Radar™ Empowers Customers

Frost Radar™ Empowers the Board of Directors

Frost Radar™: Benchmarking Future Growth Potential

Frost Radar™: Benchmarking Future Growth Potential

Legal Disclaimer

Frost Radar™: Benchmarking Future Growth Potential 2 Major Indices, 10 Analytical Ingredients, 1 Platform

Growth Index

Growth Index (GI) is a measure of a company’s growth performance and track record, along with its ability to develop and execute a fully aligned growth strategy and vision; a robust growth pipeline system; and effective market, competitor, and end-user focused sales and marketing strategies.

  • Market Share (previous 3 years)
    This is a comparison of a company’s market share relative to its competitors in a given market space for the previous 3 years.
  • Revenue Growth (previous 3 years)
    This is a look at a company’s revenue growth rate for the previous 3 years in the market/industry/category that forms the context for the given Frost Radar™.
  • Growth Pipeline
    This is an evaluation of the strength and leverage of a company’s growth pipeline system to continuously capture, analyze, and prioritize its universe of growth opportunities.
  • Vision and Strategy
    This is an assessment of how well a company’s growth strategy is aligned with its vision. Are the investments that a company is making in new products and markets consistent with the stated vision?
  • Sales and Marketing
    This is a measure of the effectiveness of a company’s sales and marketing efforts in helping it drive demand and achieve its growth objectives.

Innovation Index

Innovation Index (II) is a measure of a company’s ability to develop products/ services/ solutions (with a clear understanding of disruptive Mega Trends) that are globally applicable, are able to evolve and expand to serve multiple markets and are aligned to customers’ changing needs.

  • INNOVATION SCALABILITY
    This determines whether an organization’s innovations are globally scalable and applicable in both developing and mature markets, and also in adjacent and non-adjacent industry verticals.
  • RESEARCH AND DEVELOPMENT
    This is a measure of the efficacy of a company’s R&D strategy, as determined by the size of its R&D investment and how it feeds the innovation pipeline.
  • PRODUCT PORTFOLIO
    This is a measure of a company’s product portfolio, focusing on the relative contribution of new products to its annual revenue.
  • MEGATRENDS LEVERAGE
    This is an assessment of a company’s proactive leverage of evolving, long-term opportunities and new business models, as the foundation of its innovation pipeline.
  • CUSTOMER ALIGNMENT
    This evaluates the applicability of a company’s products/services/solutions to current and potential customers, as well as how its innovation strategy is influenced by evolving customer needs.

Significance of Being on the Frost Radar™

Companies plotted on the Frost RadarTM are the leaders in the industry for growth, innovation, or both. They are instrumental in advancing the industry into the future.

  • GROWTH POTENTIAL
    Your organization has significant future growth potential, which makes it a Company to Action.
  • BEST PRACTICES
    Your organization is well positioned to shape Growth Pipeline™ best practices in your industry.
  • COMPETITIVE INTENSITY
    Your organization is one of the key drivers of competitive intensity in the growth environment.
  • CUSTOMER VALUE
    Your organization has demonstrated the ability to significantly enhance its customer value proposition.
  • PARTNER POTENTIAL
    Your organization is top of mind for customers, investors, value chain partners, and future talent as a significant value provider.

Have questions about this research or need deeper insights?
Speak directly with our analytics experts for tailored recommendations.
Purchase includes:
  • Report download
  • Growth Dialog™ with our experts

Growth Dialog™

A tailored session with you where we identify the:
  • Strategic Imperatives
  • Growth Opportunities
  • Best Practices
  • Companies to Action

Impacting your company's future growth potential.

As the number of aging, technologically obsolete imaging systems at medical facilities heightens the need for replacement to new imaging equipment with advanced technology, hospitals and imaging centers (especially in developing economies) seek Managed Equipment Services models that provide a viable long-term equipment procurement strategy. Managed Equipment Services entail offering technical infrastructure support to a healthcare organization for a service fee through a long-term contract (often more than 8 years). The service fee is based on technology usage, which includes fixed and variable components such as per patient, test, or diagnosis. Frost & Sullivan expects Managed Equipment Services to sustain steady growth during the next 5 years, fueled by the need to optimize the total cost of ownership by healthcare organizations and adopt business models that will help hospitals and imaging facilities shift from CapEx to OpEx. The rapid adoption of Managed Equipment Services as a business model is expected across radiology practices, especially among mid and small-sized radiology centers. In a field of more than 100 global industry participants, Frost & Sullivan independently plotted the top 15 companies in this Frost Radar™ analysis. Analysis focuses on services for capital imaging equipment comprising computed tomography (CT), magnetic resonance imaging (MRI), molecular imaging and interventional x-ray, and mid-tier capital equipment covering ultrasound, mammography, and general radiography. It excludes services for biomedical devices and patient monitoring. Companies plotted on the Frost Radar™ are leaders in the industry for Growth, Innovation, or both. They are instrumental in advancing the industry into the future.
More Information
New Title Medical Imaging Market – Growth Opportunities, Analysis, Forecast, North America, 2022
New Subtitle A Benchmarking System To Spark Companies To Action €’ Innovation That Fuels New Deal Flow And Growth Pipelines,Medical Imaging Market, Medical Imaging Managed Equipment Services Market,Medical Equipment Services
Deliverable Type Frost Radar
Author Anannya Sinha
Industries Healthcare
No Index No
Is Prebook No
Keyword 1 Medical Imaging Market
Keyword 2 Medical Imaging Managed Equipment Services Market
Keyword 3 medical equipment services
Podcast No
WIP Number K82C-01-00-00-00

Frost Radar™: Global Medical Imaging Managed Equipment Services Market, 2022

HealthcareMedical Imaging Market – Growth Opportunities, Analysis, Forecast, North America, 2022

A Benchmarking System To Spark Companies To Action €’ Innovation That Fuels New Deal Flow And Growth Pipelines,Medical Imaging Market, Medical Imaging Managed Equipment Services Market,Medical Equipment Services

RELEASE DATE
20-Dec-2022
REGION
North America
Deliverable Type
Frost Radar
Research Code: K82C-01-00-00-00
SKU: HC03621-NA-MR_27295
AvailableYesPDF Download
$4,950.00
In stock
SKU
HC03621-NA-MR_27295