1. Fujifilm Holdings

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Fujifilm Holdings is a Japan-based company, with headquarters in Tokyo, that offers imaging, information and document solutions. The company focuses on the development, production and commercialisation of colour films, digital cameras, photo-finishing machines, colour papers, printers, copy machines, consumer goods, chemical and services for instant printing. It is also involved in offering medical systems, life-science machinery, graphic system machinery, front panel display materials, recording media, optical devices, electronic components and inkjet materials.

“Fujifilm reported revenues of $27.5bn during the fiscal year ended March 2012.”

In coordination with its subsidiaries, affiliates and ventures, the company operates in three broad business segments: imaging solutions, information solutions and document solutions.

The company’s medical systems/life sciences product portfolio comprises digital X-ray imaging and diagnostic systems, digital mammography systems and X-ray films.

Fujifilm reported revenues of $27.5 billion during the fiscal year ended March 2012.

2. GE Healthcare

GE Healthcare, a business unit of General Electric Company, provides transformational medical technologies and services, as well as consulting services. With headquarters in Buckinghamshire, UK, it carries out the design, development, manufacture and distribution of medical systems in the field of medical imaging and information technologies, medical diagnostics, patient monitoring, drug discovery, and biopharmaceutical manufacturing technologies.

GE Healthcare also provides services, such as performance improvement and solutions services, computerised data management, and remote diagnostic and repair services of medical equipment manufactured by the company and others.

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GE Healthcare’s products are used in cardiology; neurology; emergency medicine; oncology; woman’s health; ear, nose and throat (ENT); musculoskeletal; emergency care; radiology; paediatrics; urology and in the obstetrics/gynaecology areas. The company recorded revenue of $18.1 billion during the fiscal year ended December 2011.

The company’s business is divided chiefly into five segments: surgery, healthcare systems, life sciences, medical diagnostics and healthcare IT.

The medical diagnostics segment is engaged in the research, manufacture and marketing of innovative imaging agents, which are used in medical scanning procedures to highlight organs, tissues and functions inside the human body. These agents help physicians in the early detection, diagnosis and management of diseases. The company’s diagnostic imaging products include ultrasound, computed tomography (CT), magnetic resonance imaging (MRI), mammography, molecular imaging, nuclear medicine, positron emission tomography (PET), radiopharmacy, pre-clinical imaging, radiography and radiography, and fluoroscopy systems.

In August 2012, the company received CE marking for its Discovery IGS 730, interventional X-ray system. It has introduced the Optima NM/CT 640 – the latest addition to its Nuclear Medicine 600 series with a new performance SPECT/CT system.

3. Siemens Healthcare

Siemens Healthcare is a global medical and healthcare information technology company. It develops, produces and sells diagnostic and therapeutic systems, devices and consumables, and IT systems for clinical and administrative applications. It also offers technical, maintenance, professional and consulting services.

Geographically, the company divides its revenue into four segments: Europe, CIS, Africa and the Middle East; Germany; the Americas; and Asia and Australia. It conducts operations in North America, Africa, Europe, Asia and Australia.

It operates through three divisions: imaging and therapy systems, clinical products and diagnostics. Its range of solutions encompasses angiography, CT, fluoroscopy, MRI, molecular imaging, nuclear medicine/PET, radiography, refurbished systems, surgery systems, ultrasound, IT systems, IT imaging, and laboratory diagnostic products used for clinical and administrative purposes.

Its imaging and therapy systems division offers medical imaging systems, which allow healthcare professionals to retrieve and process relevant information. These include X-ray, CT, MRI, molecular imaging and ultrasound, as well as computer-based systems, workstations and software. This division also comprises therapy solutions, such as angiography systems, linear accelerators, particle therapy systems and minimally invasive procedures, and provides PC-based decision-support systems and knowledge-based technologies to assist physicians in the diagnosis of diseases.

The company recorded revenue of $17.4 billion during the fiscal year ended September 2011.

4. Philips Healthcare

Philips Healthcare, a part of Royal Philips Electronics, is a medical device company with headquarters in Massachusetts, US. It manufactures and markets diagnostic imaging systems, healthcare IT solutions, and patient monitoring and cardiac devices. The company classifies its business activities into four areas: imaging systems, patient care and clinical informatics, home healthcare solutions and customer services. Its products include technologies such as X-ray, ultrasound, MRI, CT and nuclear medicine. Philips Healthcare also offers training and education, business consultancy, financial and leasing services, clinical services, and maintenance and repair.

Philips Healthcare classifies its geographical locations into four regions: North America, Western Europe, growth geographies and other mature geographies. The company has its operations spread across the regions of Asia-Pacific, Europe, the US, Africa and Canada.

“Philips Healthcare’s Gemini TF system delivers a new level of PET and CT performance.”

Its imaging systems category offers X-ray, CT, MRI, PET and nuclear medicine equipment, designed to create diagnostic images and to support minimally invasive therapy.

Philips Healthcare’s Gemini PET/CT scanner with Truflight technology provides 20% better spatial and contrast resolution, resulting in faster and more sensitive scanning than conventional PET. It is the first PET system to use atomic particle time measurements to deliver increased image quality and consistency, helping earlier disease detection, regardless of patient size.

The company’s Gemini TF system delivers a new level of PET and CT performance, enabling smaller lesions to be detected, faster scans and lower doses of radiopharmaceuticals.

The company recorded revenue of $12.3 billion during the fiscal year ended December 2011, representing an increase of 2.9% over that in 2010.

5. Shimadzu Corporation

Shimadzu Corporation is a developer of measuring medical, space and industrial instruments, with headquarters in Kyoto, Japan. The major products of the company include laboratory instruments, testing and inspection machines, non-destructive testing machines, balances and scales, medical diagnostics systems and equipment, aircraft equipment, industrial equipment, optical devices, continuous monitoring analysers and life science lab instruments.

The company reported revenues of $3.3 billion during the fiscal year ended March 2012, an increase of 5.36% over 2011. It has production facilities in China, Japan and the US. Shimadzu sells its products through its subsidiaries and a network of distributors across North and South America, Europe, China, Taiwan, Korea, south-east Asia, India, the Middle East, Oceania and Africa. Geographically, the company classifies its revenue into six regions: China,Europe, Japan, North and South America, and other Asian countries.

The company operates through five reportable business segments, namely, analytical and measuring instruments; medical systems; aircraft equipment; industrial machinery and others. Shimadzu’s medical systems segment offers a broad range of diagnostic imaging equipment and services for early diagnosis and management of diseases. Its range of medical systems includes digital X-ray imaging, PET, CT and diagnostic ultrasound systems. In addition, the company has developed the direct conversion flat-panel detector. It assembles its medical systems in Japan and China.

6. Toshiba Medical Systems Corporation

Toshiba Medical Systems Corporation (TMSC), a wholly owned subsidiary of Toshiba Corporation, is a medical device company that operates under Toshiba’s social infrastructure segment, with headquarters in Tochigi-ken in Japan. It designs, manufactures and markets diagnostic imaging equipment in more than 135 countries across the world.

The company recorded revenue of $3.2 billion during the fiscal year ended March 2012. TMSC’s products are developed at its manufacturing facility in Nasu, Japan, and marketed across the world through an established network of distributors. It conducts its research and development activities in collaboration with medical and research institutions across the world, to develop MRI equipment that can better visualise blood vessels without the use of contrast agents.

The company operates in a single segment, which develops, manufactures, markets and conducts technical servicing of medical equipment, including diagnostic X-ray, medical X-ray CT, MRI, diagnostic ultrasound, radiation therapy and diagnostic nuclear medicine systems, as well as medical sample testing equipment and information systems for medical equipment.

The CT systems supplied by TMSC incorporate globally patented technologies, such as helical scanning and real technology to support activities at the cutting edge of medical treatment. The company’s multislice CT scanner has introduced new clinical capabilities to cardiovascular diagnostics and provides high-speed operation and high-resolution image reconstruction. These products are sold under the brand names of Aquilion, Activion and Asteion.

7. Carestream Health

Carestream Health provides dental and medical imaging systems, and healthcare IT solutions. It offers products in key fields including radiography, CBCT/panoramic, healthcare information solutions, women’s healthcare, ENT/allergy practices, dental practices, molecular imaging and non-destructive testing (NDT) to several hospitals. It provides computed radiography (CR) and digital radiography (DR) systems. It also offers product, technical, and service support, which includes remote equipment and software management services.

The company is an independent subsidiary of Onex Corporation. It provides services in more than 150 countries through a network of subsidiaries and distributors. Carestream Health is headquartered in Rochester, US.

The company reported revenues of $2.3 billion during the fiscal year ended December 2010.

Under the radiology category, it provides cost effective X-ray imaging systems, for efficient patient care, and different solutions, such as digital radiography systems, computed radiography systems, analogue systems, CR and DR software, printing systems and film systems. The IT category provides customised healthcare information platforms that simplify reporting in mammography, cardiology and radiology.

The company’s women’s healthcare category offers cost-effective mammography solutions, such as digital mammography and film solutions. Under digital mammography, it offers different products, such as mammography picture archiving communication systems (PACS), mammography CR systems, mammography printing systems, mammography film systems, mammography CAD systems and digitising system DICOM export.

Carestream Health’s dental systems category offers a comprehensive suite of digital and film imaging systems, practice management software and e-services that help dental practices improve patient care and practice efficiency.

8. Hitachi Medical Corporation

Hitachi Medical Corporation (Hitachi Medical) manufactures and sells diagnostic imaging systems, including MRI, diagnostic ultrasound, CT and X-ray systems. It also provides medical information systems and services.

The company reported revenues of $2.1 billion during the fiscal year ended March 2012, showing an increase of 35.23% over its revenue in 2011.

Hitachi Medical has headquarters in Tokyo, Japan, and operates through a network of regional branch offices, and sales and service offices in Japan; and through subsidiaries in the Americas and Europe. It principally caters to the needs of national and other public hospitals, university hospitals, general hospitals, and private hospitals and clinics.

Hitachi Medical operates through four segments: medical systems, medical information systems, general analysis systems and medical analysis systems.

The company’s medical systems segment manufactures and develops MRI, CT, X-ray, diagnostic ultrasound, nuclear medicine, optical topography and other related medical systems. The company’s key offerings include Airis Vento and Aperto Lucent in MRI systems.

In May 2012, Hitachi Medical received the US FDA clearance to market its Echelon Oval 1.5T Ultra-Wide MR system. In April 2012, the company launched AIRIS Soleil permanent magnet open MRI equipment and Echelon Oval superconducting MRI equipment.

9. Hologic

Hologic, with headquarters in Bedford, US, is a leading developer, manufacturer and supplier of premium diagnostic and medical imaging systems exclusively serving the healthcare needs of women. The company is also a leading developer of innovative imaging technology for digital radiography and breast-imaging applications. It offers a complete range of technologies with products for mammography and breast biopsy, radiation treatment for early-stage breast cancer, cervical cancer screening, treatment for menorrhagia, osteoporosis assessment, pre-term birth risk assessment, mini C-arm for extremity imaging, and molecular diagnostic products such as reagents for a variety of DNA and RNA analysis procedures. Hologic’s core business units are concentrated on breast health, diagnostics, gynaecological, surgical and skeletal health.

The company operates through four business segments: breast health, diagnostics, gynaecological surgical and skeletal health. It reported revenues of $1.8 billion during the fiscal year ended September 2011, an increase of 6.54% over the revenue in 2010.
Its breast health segment provides a wide range of breast imaging products. Its product portfolio includes the Selenia full field digital mammography system, a range of screen-film mammography systems, breast biopsy image guidance systems, stereotactic breast biopsy systems, SecurView workstation, screen-film mammography systems, breast tomosynthesis, CAD systems for screen-film and digital mammography, breast brachytherapy products and Sentinelle medical MRI breast coils and workstation. Its screen-film mammography systems include Lorad M-IV and M-IV Platinum systems.

Hologic provides a series of QDR dual energy X-ray bone densitometers; Sahara clinical bone sonometer; and mini C-arm imaging products. Sahara clinical bone sonometer assesses the bone density of the heel to assist in initial screening for osteoporosis. Mini C-arm imaging includes Fluoroscan mini C-arm imaging systems, which provide low intensity, real-time X-ray imaging, with high-resolution images at radiation levels.

10. Esaote

Esaote focuses on the production of medical diagnostic systems for the healthcare markets, with a focus on MRI and IT systems.

“Esaote has developed a cutting-edge MRI system, which can be used for spine imaging procedures.”

Its product line includes ultrasound, non-imaging ECG, MRI, and veterinary diagnostic imaging products. The company develops and manufactures high-tech software products for medical imaging and information management through EBIT AET, one of its business units. Its products are sold under the brand names MyLab, RISolution and Cardioplanet. The company is a part of Ares Life Sciences, a private equity firm. The company has about 13 subsidiaries worldwide and the company’s geographic segments are classified as domestic and international segments. Esaote is headquartered in Genoa, Italy.

The company operates through two business divisions, namely, medical systems and medical IT. Medical systems categorise its products into four categories: ultrasound, MRI, non-imaging ECG and veterinary diagnostic imaging.

The core business of the company is the manufacture and sale of diagnostic ultrasound imaging systems. Within this market, the company operates in the major market segments: cardiovascular, radiology, obstetrics/gynaecology, interventional/surgery, rheumatology, regional anaesthesia, vascular, neonatal/paediatrics, and urology and orthopaedics. Esaote offers its products with the brand name MyLab.

Dedicated MRI imaging systems are manufactured and sold worldwide for imaging knees, shoulders and extremities. The company has developed a cutting-edge MRI system, which can be used for spine imaging procedures, and finds applications in radiology, orthopaedics and rheumatology

The company reported revenues of $0.4 billion during the fiscal year ended December 2010.