Imaging IT market entering an atypical growth period

Amy Thompson headshot
Amy Thompson
Published: May 24, 2022 In The News

23rd May 2022 – Written by Amy Thompson – Featured on Healthcare Business Euro News – The global imaging IT market has recovered swiftly from the slight downturn experienced in 2020. A second, strong performing year in the advanced visualisation IT market was due to healthcare providers’ continued investment in modality and tools that aided COVID-19 care delivery, the main driver underlying this performance.

However, following unprecedentedly robust market performances, the impact of supply chain issues, production delays and increased component costs on imaging modality sales channels for AV from vendors such as GE Healthcare, Philips and Siemens Healthineers, will have a negative impact on market performance near-term, causing a softer AV IT market in 2022, with ‚”normal‚” low-single digital growth expected to return in 2023.