PRTODAY / NewswireToday Free press release distribution service network

Written by / Agency / Source: Frost & Sullivan

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Frost & Sullivan Lauds MEDISON for its Competitive Strategy Leadership in European Ultrasound Market - The 2007 Frost & Sullivan Competitive Strategy Leadership Award in the European ultrasound market is bestowed on MEDISON Europe BV, the European subsidiary of South Korea-based MEDISON Co. Ltd
Frost & Sullivan Lauds MEDISON for its Competitive Strategy Leadership in European Ultrasound Market

 

NewswireToday - /newswire/ - London, United Kingdom, 2007/04/24 - The 2007 Frost & Sullivan Competitive Strategy Leadership Award in the European ultrasound market is bestowed on MEDISON Europe BV, the European subsidiary of South Korea-based MEDISON Co. Ltd.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Medical Services/Equipment Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Backed by competitively priced, superior quality products and innovative strategies, the company has achieved significant market share, particularly in the high-end 3D ultrasound segment.
"Through strong growth in the 3D ultrasound systems, MEDISON Europe BV has overcome the dominance of established multi modality vendors and gained considerable market share," says Frost & Sullivan Research Analyst Karthik Arun B. "Currently, it is the second largest vendor of 3D ultrasound systems that use a 3D probe along with the 3D software in both radiology and OB/GYN segments."

A top of the line product portfolio backed by an aggressive pricing strategy has allowed the company to make considerable gains in the major markets of Germany, France and Italy, where it has a larger market share than some of its more established Asian counterparts, particularly in 3D ultrasound systems. Currently, MEDISON Europe BV commands a market share of nearly 40 per cent in the high-end 3D and 4D ultrasound segments.
"The strategic launch of MEDISON Europe BV as an independent corporation based out in the Netherlands in late 2005, has allowed it to successfully meet the needs of regional customers and develop effective, country-specific marketing strategies," says Mr. Karthik. "This strategy has supported greater self sufficiency in terms of marketing, sales and service. It has also enabled access to a complete inventory of ultrasound systems and parts, thereby ensuring timely delivery of solutions, services and repairs."

Such organisational restructuring has allowed MEDISON Europe BV to better concentrate on brand building, forging customer ties and promoting marketing activities to advance its brand name amongst key user groups. As a result, the company is now synonymous as manufacturers of quality 3D and 4D ultrasound systems for use in radiology and OB/GYN segments.
"Medison Europe has also shown promising results from key markets in which the competition has been downsizing," concludes Mr. Karthik. "For instance, the company has experienced notable growth in terms of revenues and shares in Germany even as a sceptical competition forecast a slow down in the market."

Frost & Sullivan's Competitive Strategy Leadership Award is presented each year to a company whose competitive strategy has yielded significant gains in market share. Often, the recognised company has taken advantage of recent market changes that facilitate the introduction of never-before seen methods of capturing and solidifying market presence and/or has executed an innovative strategy within the existing competitive landscape, empowering the company to overtake the competition, which quickly adjusts in order to protect its own market position. Such innovations are expected to produce lasting, precedent-setting trends in the industry.

Frost & Sullivan Best Practices Awards recognise companies in a variety of regional and global markets for demonstrating outstanding achievement and superior performance in areas such as leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analysis, and extensive secondary research in order to identify best practices in the industry.

About Frost & Sullivan
Frost & Sullivan, a global growth consulting company, has been partnering with clients to support the development of innovative strategies for more than 40 years. The company's industry expertise integrates growth consulting, growth partnership services and corporate management training to identify and develop opportunities. Frost & Sullivan serves an extensive clientele that includes Global 1000 companies, emerging companies, and the investment community, by providing comprehensive industry coverage that reflects a unique global perspective and combines ongoing analysis of markets, technologies, econometrics, and demographics.

About MEDISON
Since 1985, MEDISON, (medison.com), the original pioneer of 3D ultrasound technology, has been providing affordable and innovative ultrasound solutions to the medical community. 85% of MEDISON's sales come from exports and it now has networks all over the world.

As a first step to true globalization, MEDISON Head Office in Seoul, South Korea, has set up its regional Head Quarters for Europe, MiddleEast & Africa in the Netherlands in 2004. This is one of many strategies to achieve a bigger market share, not only in Obstetrics and Gyneacology but in all areas of ultrasound investigation.

For further information please contact:
Mr. M.T. Kwon, CEO of MEDISON

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Medical Services/Equipment Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: Frost & Sullivan

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+] / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Medical Services/Equipment articles,
CATCH Visitors via Your Competitors Announcements!


Frost & Sullivan Lauds MEDISON for its Competitive Strategy Leadership in European Ultrasound Market

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

|
Publisher Contact: Mr. M.T. Kwon 
+31-(0)20-655-4747
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Frost & Sullivan securities in any jurisdiction including any other companies listed or named in this release.

Medical Services/Equipment via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From Frost & Sullivan / Company Profile


Read Medical Services/Equipment Most Recent Related Newswires:

Datalogic Announces New Healthcare Memor X3 HC Mobile Computer
Neuronix Ltd Announces the First Group of Mild to Moderate Alzheimer Patients to be Successfully Treated by The NeuroAD™ Therapy System
SelectMDx to be Distributed Across Middle East by IPS Genomix
GE Healthcare Partners with Oritain to Introduce Independent Test to Confirm Country of Origin of Fetal Bovine Serum
Saebo, Inc. Awarded Patent for Low-Profile Stroke Recovery Glove
GE Healthcare and HeartFlow Announce Global Cardiovascular Collaboration
Insulin Delivery Devices Market Size to Expand at 7% CAGR through 2020 Says PMR
Intubation Market Significant Profits Estimated to be Generated by 2025 Says Persistence Market Research
PMR Releases Report for Next Generation IV Infusion Pumps Market Impact of Existing and Emerging Market 2017-2025
Medical Tapes Market to Reach US$ 2Bn by 2024 Reports PMR
Global Pyrogen Testing Market Value Expected to Increase to US$ 1.37 Billion by 2024 Says PMR
Huber Needles Market Expected to Reach US$ 55M by 2024 According to PMR
ZOLL Technologies for Improving CPR Quality to be Showcased at NTI 2017
ConfirmMDx Improves Prostate Cancer Diagnosis in African American Men
Biomarker-based Technologies to Disrupt Conventional Diagnosis in Diabetes Management across the Globe Finds Frost & Sullivan

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  RightITnow Ltd

Visit  MagLar, Inc.





 
  ©2017 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)