The Diagnostic Imaging Equipment Industry

While diagnostic imaging equipment is not by any means a typical industry, it
offers an example of a rapidly changing, high technology sector—the kind of industry in which,
according to many observers, United States manufacturers ought to excel. And indeed, for most
of the 100-year history of this industry, American producers have led the field, generating
engineering jobs aplenty and production jobs paying well above the average wage economywide. But in the last two decades, there have been dramatic transformations, which have
changed the face of the industry and pose new challenges for US companies.