Key Radiology Devices Market Players:
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis
A highly competitive market is experienced within the radiology devices market in the global platform. Approximately 65% of the market share is held by five key players in the radiology devices business. The key strategies that directed the business to gain a competitive edge include an AI-optimized workflow solution, cost optimization, and regulatory partnership. Siemens has launched AI-Rad Companion, which is integrated with AI assistance that reduces the imaging time and makes the diagnosis faster. On the contrary, Mindray launched cost cost-optimized product that costs approximately USD 13k for portable ultrasound devices. This boosted the market performance and positively impacted the revenue growth for the company. Canon focused on regulatory collaboration through PMDA-fast-tracked AI-assisted devices.
Here is a list of key players operating in the global market:
|
Company Name |
Country of Origin |
Market Share (2024) |
Industry Focus |
|
Siemens Healthineers |
Germany |
17.9% |
MRI/CT systems, AI-powered diagnostic solutions |
|
GE Healthcare |
U.S. |
16.02% |
Portable ultrasound, advanced CT scanners |
|
Philips Healthcare |
Netherland |
12.9% |
Hybrid imaging, tele-radiology platforms |
|
Canon Medical Systems |
Japan |
9.9% |
Low-dose CT, AI-based image reconstruction |
|
Fujifilm Holdings |
Japan |
7.8% |
Digital X-ray, mammography systems |
|
Hitachi Healthcare |
Japan |
xx% |
High-field MRI, oncology imaging solutions |
|
Hologic |
U.S. |
xx% |
Women's health imaging, 3D mammography |
|
Samsung Medison |
South Korea |
xx% |
Compact ultrasound, AI-assisted diagnostics |
|
Mindray Medical |
China |
xx% |
Cost-effective MRI/CT for emerging markets |
|
Shimadzu Corporation |
Japan |
xx% |
Fluoroscopy, interventional radiology systems |
|
Mindray Medical |
China |
xx% |
Cost-effective MRI/CT for emerging markets |
|
Shimadzu Corporation |
Japan |
xx% |
Fluoroscopy, interventional radiology systems |
|
Carestream Health |
U.S. |
xx% |
Digital radiography, mobile X-ray units |
|
Agfa-Gevaert |
Belgium |
xx% |
Radiology IT solutions, imaging software |
|
Esaote |
Italy |
xx% |
Specialty: MRI, musculoskeletal imaging |
|
NeuroLogica (Samsung) |
U.S. |
xx% |
Portable CT scanners, neuroimaging solutions |
|
Trivitron Healthcare |
India |
xx% |
Affordable X-ray and ultrasound systems |
|
Konica Minolta |
Japna |
xx% |
Digital radiography, AI-based workflow tools |
|
Allengers Medical |
India |
xx% |
Mobile C-arms, surgical imaging |
|
Varex Imaging |
U.S. |
xx% |
X-ray components, detectors |
|
Medonica Co. |
South Korea |
xx% |
Point-of-care ultrasound devices |
|
BMI Biomedical International |
Malaysia |
xx% |
Radiography systems for ASEAN markets |
Below are the areas covered for each company in the radiology devices market: