Medical imaging refers to techniques and processes used to create images of various parts of the human body for diagnostic and treatment purposes within digital health. The term, medical imaging, includes various radiological imaging techniques such as: X-ray radiography, Fluoroscopy, Magnetic resonance imaging (MRI), Medical ultrasonography or ultrasound, Endoscopy, Elastography, Tactile imaging, Thermography, Medical photography and nuclear medicine functional imaging techniques e.g. positron emission tomography (PET). Medical imaging is crucial in every medical setting and at all levels of healthcare. Use of medical imaging helps physicians to arrive at more accurate diagnoses and appropriate treatment decisions. Without medical imaging, both diagnosis and treatment in digital health can be very difficult to achieve with any level of accuracy.
Koninklijke Philips N.V. and Medtronic – Notable Market Players in Medical Imaging Market
The medical imaging market majorly consists of the players such as General Electric Company, Siemens AG, Koninklijke Philips N.V., SHIMADZU CORPORATION, Hitachi, Ltd., Canon Inc., Hologic, Inc., Carestream Health Inc., ESAOTE SP and Samsung Group among others. The companies have been implementing various strategies that have helped the growth of the company and in turn have brought about various changes in the market. The companies have adopted several inorganic and organic strategies to accelerate their growth and improve their market position.
Below is the list of the growth strategies done by the players operating in the medical imaging market:
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Year |
News |
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September, 2019 |
Siemens Healthineers, a medical technology company, has opened a new manufacturing facility in Bengaluru that is co-located with its R&D centre to take advantage of synergies while developing products that are tailored to customers’ future needs. Siemens Healthineers said in a statement that the company has invested Rs 20 crore in the new facility. |
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August, 2020 |
Rapid imaging exams are frequently required by hospitals and healthcare facilities in a variety of complex situations, often at the patient’s bedside. Facilities have access to Canon Medical Systems USA Inc.’s all-new SOLTUS 500 Mobile Digital X-ray, which is equipped with enhancements that can streamline bedside exams and help improve workflow and productivity. |
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May, 2021 |
Zionexa, a leading innovator of in-vivo oncology and neurology biomarkers that help enable more personalized healthcare, has been acquired by GE Healthcare. Cerianna (fluoroestradiol F-18), an FDA-approved PET imaging agent used as an adjunct to biopsy for the detection of oestrogen receptor (ER) positive lesions to help inform treatment selection for patients with recurrent or metastatic breast cancer, is being scaled up by the company. |
