News | April 09, 2012

Novation Insight Into Latest Imaging Products and Practice Trends

Highlighting the economics and technology affecting 2012-2013 purchasing decisions

April 9, 2012 — Healthcare supply contracting company Novation released its 2012 Diagnostic Imaging Watch report. Peer reviewed by members of Novation's Diagnostic Imaging Council, the report is an overview of the latest product technology and trends for imaging subspecialties.

The recent economic slump has resulted in weakened sales in capital equipment during the past three years. Despite this, hospitals do appear to be purchasing new equipment and replacing obsolete machines. Buyers are doing so with cautious optimism, however, and are asking tougher questions about clinical utility, workflow and radiation dose.

"The members we serve that manage the procurement of these products should have insight into and understanding of the technology and industry dynamics that will affect their investment decisions in diagnostic imaging," says Mike Clemens, vice president, capital equipment and diagnostic imaging for Novation. "Because Novation is committed to being a source of this information and technology expertise, our staff continuously studies the latest technologies and trends in diagnostic imaging."

The report not only discusses topics such as radiation dose reduction, PET/MRI (positron emission tomography/magnetic resonance imaging) hybrid imaging, digital X-rays, and the emerging use of "cloud" technology, but it also reviews the economics and trends of the latest diagnostic imaging technologies. Highlights include: 

  1. Angiography/Cardiovascular Suites. Advanced imaging techniques continue to evolve with improvements in image quality, dose reduction techniques and efficiencies in workflow. The cost for a single-plane angiographic system will range between $750,000 and $1.5 million, with bi-plane systems ranging between $1.4 million and $2.8 million, depending on the configuration.
  2. C-Arms (Surgical and Mini). The mini C-arm market has been growing steadily. These systems are often used in orthopedics, emergency rooms and even physician offices. When doing fluoroscopic imaging of extremities, the mini C-arm is preferred over the standard size C-arm.
  3. Computed Tomography (CT)Fewer and fewer facilities are purchasing CT scanners with less than 64-slice capability. The exceptional speeds of 64-slice scanners enables detailed tomographic images of the entire body in sub-30-second scan times. Given the rapid pace of this technology, many facilities are faced with the decision of whether to purchase or lease. Facilities should plan to spend between $800,000 and $1.8 million for a 64-slice, and from $1.3 million to more than $3 million for a 160-slice or higher scanner. As with most technologies that experience price erosion based on age, a lower-end CT scanner (32 slice or less) could be purchased for much less.
  4. InformaticsInformation technology suppliers, especially in the PACS (picture archive and communications system) arena, continue to offer both a capital- and fee-per-study purchase model. As an application service provider, suppliers often offer to manage image data and information remotely. The RIS (radiology information system)/PACS markets are saturated, however, and continue to expand their offerings. Managed storage options are becoming more popular, well-refined and cost-effective. Because this is a replacement market, it is important to consider the cost of data conversion, retraining staff, and upgrading or expanding hardware.
  5. Molecular Imaging – Nuclear Medicine, PET/CT and PET/Mr. Molecular imaging, especially in the cardiac segment, is expected to grow with the continued attention that cardiac disease prevention and treatment is receiving. More and more cardiologists are offering dedicated SPECT (single photon emission CT) units in order to perform cardiac studies in their offices. A single head gamma camera can cost about $200,000, with dual head cameras running closer to $300,000 to $400,000. SPECT/CT systems range from $400,000 to $600,000 on average. In the area of PET/CT, image fusion software continues to be refined and expanded. Many facilities have already replaced their outdated dedicated PET-only models. A PET/CT (64-slice) can easily cost between $2 million and $3 million.
  6. Women's Imaging ProductsWomen's imaging products span multiple modalities, including digital radiography, computed radiography, ultrasound, molecular imaging and magnetic resonance imaging. Advancements in technology will continue to move at a fast pace to meet diagnostic and treatment needs in the areas of cardiology, osteoporosis, and breast and colorectal cancers. As new technology is developed, it will likely come with a higher initial price tag. However, existing technology that continues to be improved will tend to experience the same price erosion as others within the same modality family.

In addition to these areas, the report also covers the economic and technological trends of additional modalities including digital radiography, computed radiography, magnetic resonance, power injection systems and ultrasound. 

The entire report is accessible at https://www.novationco.com/pressroom/industry_info.

Related Content

CZT SPECT camera detectors offered by GE.

A display of CZT SPECT gamma camera detectors at RSNA 2016. These detectors are more sensitive than previous those used in older cameras, allowing for faster scans or lower radiation dose. 

Feature | Nuclear Imaging| September 19, 2017 | Dave Fornell
Cardiac nuclear myocardial perfusion imaging (MPI) has been a mature area of imaging for years, but has recently star
Hitachi Supria True64 CT Receives FDA Clearance
Technology | Computed Tomography (CT)| September 15, 2017
Hitachi Healthcare Americas Inc. announced it has attained U.S. Food and Drug Administration (FDA) 510(k) clearance to...
Philips Launches CardioMD IV Cardiac SPECT Solution at ASNC 2017
Technology | SPECT Imaging| September 15, 2017
September 15, 2017 — Philips highlighted its newest solution for...
Mississippi Surgical and Vascular Center Uses Toshiba Ultimax-i FPD to Save Patients' Limbs
News | Angiography| September 14, 2017
The southern U.S. sees some of the highest numbers of chronic medical conditions, such as peripheral artery disease...
Philips Showcases Integrated Vascular Solutions at VIVA 2017
News | Peripheral Artery Disease (PAD)| September 13, 2017
Philips announced its presence at the Vascular Interventional Advances (VIVA 17) Annual Conference in Las Vegas from...
Orange County, Calif. Hospital Adopts Siemens Somatom Force CT for Cardiac Imaging
News | Computed Tomography (CT)| September 12, 2017
Hoag Memorial Hospital Presbyterian recently became the first hospital in Orange County, Calif., to install the Siemens...
Technology | Radiation Dose Management| September 07, 2017
September 7, 2017 — Sapheneia and Scannerside received U.S.
Siemens Healthineers Receives FDA Clearance for TrueFusion Structural Heart Disease Feature
Technology | Cardiovascular Ultrasound| September 06, 2017
The U.S. Food and Drug Administration (FDA) has cleared TrueFusion, a new cardiovascular application from Siemens...
ARTMS Products Inc. and GE Healthcare Team Up to Expand Cyclotron-Produced Radioisotopes
News | Radiopharmaceuticals and Tracers| August 30, 2017
ARTMS Products Inc. signed a strategic partnership with GE Healthcare around ARTMS’ proprietary QUANTM99 Irradiation...
Philips is partnering with HeartFlow to co-develop new FFR-CT and FFR-angiography imaging technologies.
News | FFR Technologies| August 28, 2017
August 28, 2017 — Philips Healthcare and HeartFlow Inc.
Overlay Init