As the article says, their ultrasound machine costs about as much as a smartphone. It’s about $4000.

An MRI machine costs roughly 1000x as much.

A $1m machine with (say) $100k of annual operating costs with a 10-year lifespan. Assume low cost of capital, call it $200k/year for those 10 years.

The machine itself covers its cost at only ~84 monthly scans @ $200 each. That says to locate near population centers where the demand exceeds 84 scans. At the global mean of scans/population, said "population centers" only need to be about 15k residents.

Labor costs + junk fees make them appear expensive.

> An MRI machine costs roughly 1000x as much.

The running costs are also eye watering.

Not your point, but… Do smartphones cost $4000 dollars now??

No but that's the order of magnitude. The high end is commonly a bit over $1k.

The foldables are around 2k