LONDON, March 9, 2017 /PRNewswire/ -- The last few years' slow economic growth, declining public healthcare spending,
"To address the technology obsolescence issue in the installed bases and the high pricing pressure in Spain, the different Autonomous Communities are looking beyond public-private partnerships (PPP) and private finance initiatives (PFI) for potentially adequate models for capital technology purchases, such as in imaging," stated Transformational Health Research Analyst Srikanth Kompalli.
Spain's New Business Models in Medical Imaging, Forecast to 2020, a new research study from Frost & Sullivan's Advanced Medical Technologies program, finds that the Spanish managed equipment services (MES) and multi-vendor services (MVS) market for computed tomography and magnetic resonance imaging equipment was estimated to be $21.5 million in 2015. It is expected to grow at a compound annual growth rate (CAGR) of 7.6 percent from 2015 to 2020.
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Since 2008, Spain has endured one of the worst economic crises in its modern history. This has imposed considerable constraints on the country's ability to make significant new investments in its healthcare infrastructure to meet the quality expectations of the Spanish public and renew its aging capital imaging equipment fleet.
However, due to a somewhat progressive mindset in Spanish policy-making, there are many encouraging signs that make Spain a hotspot for business model innovation in medical imaging. Growth opportunities and key trends include:
"There is strong appeal and appetite for value-adding services in the public setting due to various provider attributes such as a limited capacity, long patient waitlists, and limited access to capital," notes Kompalli. "Spanish imaging providers seem more open than many of their European counterparts to explore new ways of engaging with their vendors," he adds.
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Spain's New Business Models in Medical Imaging, Forecast to 2020MBFB-54
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SOURCE Frost & Sullivan
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