SPI Medical Imaging: Vendor Financials Q4 2023 – Maintaining the Status Quo

For many vendors in medical imaging, 2023 could be characterised as a year of “business as usual”. This is reflected in the positive, if unexceptional, financial results reported by many vendors for Q4. Low to mid-single digit growth is a point of commonality across many of these results, such as GE HealthCare’s 5% year-on-year growth, which is indicative of this sentiment.

However, as 2024 begins to take shape for the industry, and the challenges that must be faced in the coming year become more apparent, vendors must ask themselves if “business as usual” can be sustained, and is it good enough?