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DOTmed Industry Sector Report: Ultrasound

by Robert Garment, Executive Editor | May 02, 2007

Highlights of the full report include:
*The average number of ultrasound units installed per hospital radiology department is 2.5 units.
*Over half of the ultrasound installed-base in hospital based departments were installed in 2002 or later.
*Purchase and upgrade activity in these sites is active, with average budgets for equipment increasing. Over 40% of the ultrasound sites are improving their current capability, either by adding new units, replacing old, or updating their current systems.
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*Key technologies driving future purchases include real time 3D or 4D imaging and instant optimization.
*Ultrasound sites are expanding their use of networks to transmit images to multiple locations, including within the department, between departments and to other sites. From 1998 to now, the proportion of ultrasound sites with networks in 200+ bed hospitals grew from 26% to 88%. IMV's 2005 Diagnostic Ultrasound Market Summary Report compares nationwide trends from this recent survey with the prior 1998 study.*

*If you wish more information about the IMV's 2005 Diagnostic Ultrasound Market Summary Report, visit www.imvlimited.com/mid. IMV Medical Information Division, Inc. is a market research consulting firm founded in 1977 specializing in medical imaging and other advanced healthcare technology markets.

Refurbished ultrasound equipment - a sound medical and business decision
The case can always be made by many leading hospitals and doctors in private practice that they should have the latest and greatest in imaging technology. In fact, the strongest argument behind that position is hard to contest: if the newest technology is not adopted, how will better diagnoses be achieved;
how will better outcomes result; how will medicine itself advance?

Of course, the economic realities that thousands healthcare providers face conflict with this ideal situation - particularly given the fact that about half the hospital in the U.S. are operating at a deficit, and some hospitals throughout the world are in even more difficult positions. In addition, doctors in private practice, both here in the U.S. and abroad, are facing their own financial challenges.

All of which explains why used medical equipment companies and third party independent service providers (ISOs) are an important part of the global healthcare infrastructure. The cost savings that used equipment offers
means millions of people are getting vital diagnostic imaging procedures that