dismiss

Clean Sweep Live Auction on Wed. May 1st. Click to view the full inventory

DOTmed Home MRI Oncology Ultrasound Molecular Imaging X-Ray Cardiology Health IT Business Affairs
News Home Parts & Service Operating Room CT Women's Health Proton Therapy Endoscopy HTMs Pediatrics
SEARCH
Current Location:
>
> This Story

starstarstarstarstar (2)
Log in or Register to rate this News Story
Forward Printable StoryPrint Comment
advertisement

 

advertisement

 

Business Affairs Homepage

Canon's Vital Images wins DoD contract Maximum $100 million fixed‐price contract for radiology and imaging systems

Are you GDPR compliant? It's not just a question for EU-based companies Here are the top eight considerations

Security tightening at hospitals for patient safety A noticeable change is occurring at the front entrance to hospitals

Johnson & Johnson completes Auris Health deal The $3.4 billion acquisition could include additional payments up to $2.35 billion

Follow-up imaging study points to benefits of automated notification Raising the bar on manual callbacks

Change Healthcare files for IPO Could raise as much as $100 million, listing on Nasdaq

Mergers do nothing for quality of care, lower patient satisfaction, says study Based on 29 data points and the assessment of 16 processes of care

GE Healthcare IPO on hold as new deal takes spotlight Selling biopharma business to Danaher for over $21 billion

Asheville Radiology Association joins Strategic Radiology The latest expansion by the imaging coalition brings 43 new physicians to the table

Johnson & Johnson to acquire Auris Health for $3.4 billion With possible $2.35 billion added if certain milestones are hit

Trump proposes tariffs on Chinese CT, MR and X-ray equipment

by Lisa Chamoff , Contributing Reporter
The Trump administration’s proposed 25 percent tariff on more than 1,300 Chinese products includes medical devices such as MR magnets and CT scanners, and, if enacted, could put a damper on China as an emerging market for U.S. device manufacturers, experts say.

A document from the Office of the United States Trade Representative, which has scheduled a May 15 public hearing on the tariffs, includes a long list of the products. On the list are MR magnets, CT and X-ray systems and accessories, X-ray tubes and X-ray generators, as well as many additional medical devices and supplies.

Story Continues Below Advertisement

THE (LEADER) IN MEDICAL IMAGING TECHNOLOGY SINCE 1982. SALES-SERVICE-REPAIR

Special-Pricing Available on Medical Displays, Patient Monitors, Recorders, Printers, Media, Ultrasound Machines, and Cameras.This includes Top Brands such as SONY, BARCO, NDS, NEC, LG, EDAN, EIZO, ELO, FSN, PANASONIC, MITSUBISHI, OLYMPUS, & WIDE.



The steep tariffs, proposed by the White House to penalize China for stealing intellectual property from American companies, will probably not affect the U.S. sales of large companies such as GE, Siemens, and Philips, which manufacture imaging systems in the U.S. However, they will likely slow the sales growth for companies looking to sell devices in China.

China has since shot back by announcing import levies on soybeans, cars and airplanes from the U.S.

China is one of the fastest growing markets for health care. Kalorama Information, a health care market research firm, recently published a report showing that the current $390 million market for CT scanners sold in China is expected to grow to $500 million by 2021.

“It’s a significant growth market for U.S companies, and really all global companies selling into China,” Bruce Carlson, publisher of Kalorama Information, told HCB News. “You need to go to emerging markets to show growth.”

While it remains to be seen whether the higher tariffs will go through, companies should expect that China will add new duties on similar products sold by the U.S.

“If it goes through, it will hurt,” Carlson said.

Business Affairs Homepage


You Must Be Logged In To Post A Comment

Advertise
Increase Your
Brand Awareness
Auctions + Private Sales
Get The
Best Price
Buy Equipment/Parts
Find The
Lowest Price
Daily News
Read The
Latest News
Directory
Browse All
DOTmed Users
Ethics on DOTmed
View Our
Ethics Program
Gold Parts Vendor Program
Receive PH
Requests
Gold Service Dealer Program
Receive RFP/PS
Requests
Healthcare Providers
See all
HCP Tools
Jobs/Training
Find/Fill
A Job
Parts Hunter +EasyPay
Get Parts
Quotes
Recently Certified
View Recently
Certified Users
Recently Rated
View Recently
Certified Users
Rental Central
Rent Equipment
For Less
Sell Equipment/Parts
Get The
Most Money
Service Technicians Forum
Find Help
And Advice
Simple RFP
Get Equipment
Quotes
Virtual Trade Show
Find Service
For Equipment
Access and use of this site is subject to the terms and conditions of our LEGAL NOTICE & PRIVACY NOTICE
Property of and Proprietary to DOTmed.com, Inc. Copyright ©2001-2019 DOTmed.com, Inc.
ALL RIGHTS RESERVED