8-fold variations in revenue per imaging modality in Europe
Average revenues for MRI, CT or PET-CT machines in West Europe vary massively, with four-fold differences within markets and seven-to eight-fold between countries. That is according to research for an upcoming HBI Intelligence financial ratio report on imaging and several other sub-sectors.
The ranges for each modality within the six countries covered most extensively in our research are visualised in the picture below, though we aren’t revealing the actuals which will be published in HBI Intelligence in the coming weeks. Across the board, PET-CTs have the highest figures, followed by MRI, then CT.
HBI Intelligence users can click here to access our 27 country pan-EMEA report and database which includes 171 for-profit imaging operators globally.
Unsurprisingly, high-cost Switzerland comes out on top for two out of three modalities. But we reckon the UK’s private pay market for CT scans – larger than Switzerland’s and similar prices – means the maximum a private patient-facing scanner can potentially generate is higher.
Switzerland also has the highest range within its borders. This is because there is a huge surplus of some modalities in cities which brings down average volumes, but high tariffs also mean you don’t need to be very efficient to sustain a viable business.
The countries are ordered in the chart by the mid-point of their range, with the lowest on top and highest on the bottom.
The figures for Italy are surprisingly low and put it on a par with Poland for MRI and CT but behind it for PET-CT. This is because, while tariffs might be double that of Poland, annual volumes are just half according to data from the largest players in the market.
We would welcome your thoughts on this story. Email your views to Cameron Murray or call 0207 183 3779.
