The global diagnostic imaging market continues to be dominated by Philips Healthcare, GE Healthcare and Siemens Healthcare, which together accounted for 70.6% of the overall market value in 2007.
Online PR News – 09-December-2009 – – The global diagnostic imaging market continues to be dominated by Philips Healthcare, GE Healthcare and Siemens Healthcare, which together accounted for 70.6% of the overall market value in 2007.However, with global recession at its peak, the future doesn’t look very promising for capital equipment manufacturers – a trend that clearly justifies the acquisitions and geographic diversifications that these companies have undertaken to hold a more diversified portfolio.
GE Healthcare in, October, 2008 completed the acquisition of Vital Signs. This followed the company’s failed attempt to acquire two of Abbott Laboratories’ divisions i.e. Abbott Diagnostics and Abbott Point of Care, in July, 2007.
This analysis was taken from a research paper published by GlobalData, to download the full Research Paper for free, click below:
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