Koninklijke Philips N.V, Medtronic, GE Healthcare, are Dominating the Market for Global Ventilator Market in 2017

Koninklijke Philips N.V

The company was founded in 1991, headquarter in Amsterdam, Netherland. The company involved in the offering the health technology devices for the prevention, diagnosis, treatment and home care devices. The main business segments of the company are personal health, diagnosis and treatment, connected care and health informatics, healthtech and other.  The revenue of the company in 2017 was USD 20,086 Million.  Number of employees in 2017 was 73,951. The company has global presence in Netherlands, U.S. China, Germany, Japan, France, India and Others.

In 2018, The company had launched Trilogy Evo Ventilator which is the only portable life support ventilator platform designed to stay with patients to provide consistent therapy and monitoring as they change care environments and when their condition changes.

Medtronic

Medtronic was founded in 1949 and headquartered at Dublin, Ireland. The company is engaged in offering medical technologies, through services and solutions. The main business segments are cardiac and vascular group, minimally invasive therapies group, Restorative therapies group, diabetes group. The market focused segment is minimally invasive therapies group. The total numbers of employees are 91,000.

In 2015, The Company had successfully completed the acquisition with Covidien plc. This acquisition marks milestone in Medtronic which are uniquely positioned to alleviate pain, restore health and extend life for more patients around the world.

GE Healthcare

Founded in 1994 and headquartered in New York, U.S. The company involved in the manufacturing and developing of medical imaging, digital solutions, patient monitoring, and diagnostics, drug discovery, biopharmaceutical manufacturing, technologies and performance improvement solutions. The main business segments of the company are healthcare system, healthcare digital and life sciences

In 2018, the company had signed the agreement with Lagos State Government in the areas of power, healthcare and skills development. With this agreement company will expand their portfolio in the different sectors of power, healthcare and skills development.