The aging Chalk River nuclear reactor was back up and running on Saturday after an unplanned shut down which had triggered worries of a possible medical isotope shortage. Atomic Energy of Canada Limited said repairs had to be made to the fuel rod flask – which fuels and de-fuels the reactor. “The Fuel Rod Flask was returned [...]
GE Healthcare has initiated a new round of layoffs at its Milwaukee-area and Madison operations that will result in a reduction of up to 1.5 percent of its Wisconsin work force, or as many as 50 jobs in the Milwaukee area. Read more here.
The Eurozone economic slowdown has made it difficult for hospitals, particularly in Southern Europe, to procure new imaging modalities. With streamlined budgets and escalating number of medical procedures, the need to spend less on technologies while gaining the maximum benefit from them has sustained demand for high-quality refurbished imaging equipment. As a result, refurbished systems [...]
The once U.S.-centric device business is going global. Startups are forming worldwide, and companies—even American ones—are thinking more about how to innovate with non-Western patients in mind. “Traditionally, people have been very focused on the U.S. market, but now making sure a device is efficient enough to be sold in places like India and China [...]
A leak at a South African Nuclear Energy Corp. plant this month has caused a global shortfall in the supply of isotopes used in millions of medical procedures every year, including treatment and diagnosis of cancer. Read more here.
November 14, 2013 -- If you were hoping for good news on a comeback in radiology before this year's RSNA meeting, you may have to wait a little longer. Radiology administrators continue to have a pessimistic outlook for the fourth quarter of 2013, according to new data from the Medical Imaging Confidence Index (MICI). Read more [...]
Driven by an aging population in developed nations and rapid growth in developing nations, the global diagnostic imaging market is estimated to grow from $20.7 billion in 2010 to $26.6 billion by 2016, according to market research firm MarketsandMarkets. Read more here.
Government policy is shaping the current merger environment. Mandates found in the PPACA are requiring increased collaboration—not only vertically, within a single specialty, but horizontally, across multiple specialties. The consolidation trend reshaping the provider realm also is reflected in the radiology-vendor community. Read more here.
With the debt ceiling stalemate now resolved, the Affordable Care Act and its tax on medical devices have both emerged virtually unscathed from the latest – but probably not the last – political effort to weaken the contentious health care overhaul. Read more here.
Mumbai: The Indian medical device and equipment market is expected to grow to around $5.8 billion by 2014 and $ 7.8 billion by 2016, growing at a CAGR of 15.5 percent, according to an industry report. Read about it here.