Financial crisis squashes demand for new scanners

December 1, 2008 Diagnostic Imaging. Vol. 30 No. 12 Financial crisis squashes demand for new scanners Soft first half presages dismal year end for MR, CT, PET, but ultrasound and mammography shine As 2008 drew to a close, so did demand in the U.S. for imaging equipment. The timing couldn't be worse. The crisis in the U.S. credit markets felled an already stumbling market for capital equipment such as MR and CT. Vendors began feeling the pinch in the first half of the year, reflecting a downturn that began last year. Revenues from CT shipments to U.S. sites in the first half of 2008 fell to $580 million, down from $755 million over the same period a year earlier, according to consolidated estimates cited by industry sources. This financial carnage came on the heels of a double-digit drop in the 2007 compared with 2006, during which total revenues fell to $1.4 billion from $1.75 billion.

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