Technology Blog

WALTHAM, Mass., July 26 /PRNewswire/ -- According to Millennium Research Group (MRG), the global authority on medical technology market intelligence, the complex competitive landscape of the US diagnostic imaging equipment servicing market is continuously evolving as imaging facilities seek to cut costs. Competitors in this market range from smaller service providers that concentrate on providing servicing for just one modality, to larger independent service organizations (ISO) and original equipment manufacturers (OEM). The diagnostic imaging equipment servicing market is extremely fragmented, with large-scale vendors such as GE Healthcare, Philips Healthcare, and Siemens Healthcare holding a dominant share of the market. In addition to selling multiple imaging modalities, these larger vendors are also able to provide servicing for the equipment manufactured by themselves and by other companies. OEM vendors have a strong brand and customers are more confident in the OEM's ability to service and repair their