the Companies involved in the manufacture of these devices (eg. GE Healthcare) are artificially keeping the prices of these high enough to deter widespread adoption
One of the ways this will happen is the regulatory burden required to bring a product to market, which they will be keen to keep in place as a competitive moat.
which they will be keen to keep in place as a competitive moat.
This is exactly it. Their size/money/monopoly gives them the advantage if they can keep "disruptive" competitors at bay by mere red tape/regulations/paperwork. Common business strategy but deplorable.
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One of the ways this will happen is the regulatory burden required to bring a product to market, which they will be keen to keep in place as a competitive moat.
This is exactly it. Their size/money/monopoly gives them the advantage if they can keep "disruptive" competitors at bay by mere red tape/regulations/paperwork. Common business strategy but deplorable.