GENERAL ELECTRIC COMPANY (GE Healthcare), Siemens, Koninklijke Philips N.V., Hitachi, Ltd., FUJIFILM Holdings Corporation Dominating the Global Women's Health Diagnostics Market in 2018

Global women’s health diagnostics market is expected to grow with the healthy CAGR of 11.4%in the forecast period of 2019 to 2026. The years considered for study are as mentioned below.

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Global women's health diagnostics market is an upcoming market which includes key players and local players. The market is growing owing to the favourable market scenario. The market has a prominent growth in upcoming years due to government initiatives towards women's health and increasing number of infectious and chronic diseases.

The market has witness developments in terms of merger and acquisitions or product launches to enhance the product portfolio to meet the rising demand of women's health diagnostics market.

For instance,

  • In October 2017, Abbott acquired Alere (U.S.). This acquisition helped Abbott to strengthen its product portfolio. The Alere (U.S.) is engaged in offering point care test products and this acquisition will help in strengthening the business for in vitro diagnostics.

General electric company (GE Healthcare) dominated the women's health diagnostics market and accounts for the highest market share in 2018 which is followed by bioMérieux SA, Carestream Health, MEDGYN PRODUCTS, INC., URIT MEDICAL ELECTRONIC CO. LTD, COOK, Cardinal Health, PerkinElmer Inc., Quest Diagnostics Incorporated, Sysmex Corporation, Siemens, Hologic Inc., Shenzhen Mindray Bio-Medical Electronics Co., Ltd., Abbott, BD, F. Hoffmann-La Roche Ltd, Thermo Fisher Scientific Inc., Koninklijke Philips N.V., NeuroLogica Corp., Shimadzu Corporation, Danaher, FUJIFILM Holdings Corporation,  Hitachi, Ltd., Canon Inc. and others.

GENERAL ELECTRIC COMPANY (GE Healthcare):

It is headquartered in Massachusetts, U.S., was founded in 1892. The company focuses on combining world-class engineering with software, manufacturing, materials science and data analytics to deliver high value to customers.  The company deals in different business segment such as power, renewable energy, aviation, oil & gas, healthcare, transportation, lightings, capital.

  • In June 2019, GENERAL ELECTRIC and Nyansa had announced partnership for distribution of Nyansa Voyance AIOps for patients. With this, the companies have GE CARESCAPE Network portfolio. This will help to overcome the challenges in transformation of digital health care

It has its global networks through direct sales representatives and distributors in the Europe, America, Asia-Pacific, Middle East and Africa.

The company has its subsidiaries including GE Capital or Financial Services (U.S.), GE Healthcare (U.S.), General Electric Capital Corporation or GECC (U.S.), GE Industrial (U.S.), GE Capital Global Holdings, LLC (U.S.), Baker Hughes (U.S.) and others.

Siemens:

Siemens headquartered in Munich Germany, founded in 1847. The company focuses on electrification, automation and digitalization and even provides solution for power generation, transmission and medical diagnostics. The company deals with different business segments such as siemens healthineers, digital factory, power and gas, energy management, siemens gamesa renewable energy, process industries and drives, mobility, building technologies.

  • In January 2019, Siemens Healthineers has signed an agreement for entering into a technological partnership with the Spanish Hospital. This partnership was performance-oriented and was done so as to ensure the availability of medical software and hardware for coming 10 years. This technological partnership would help the new hospital in Cáceres to become an innovative reference center.

The company has its strong presence across the world such as North America, Asia-Pacific, Europe, Middle East and Africa, Latin America.

The company has its subsidiaries including AD 8MW GmbH & Co. KG (Germany), Adwen Blades GmbH (Germany), Adwen GmbH (Germany), Adwen Verwaltungs GmbH (Germany), Airport Munich Logistics and Services GmbH (Germany), Flowmaster GmbH (Germany), HSP Hochspannungsgeräte GmbH (Germany) and many others.

Koninklijke Philips N.V.:

Koninklijke Philips N.V headquartered in Amsterdam, The Netherlands, was founded in 1891. The company is engaged in offering diagnostic imaging, patient monitoring, image-guided therapy and health informatics and also solutions in consumer health and home care. The company has business segments such as diagnosis & treatment businesses, personal health businesses, connected care & health, other.

  • In June 2019, Royal Philips and University of Vermont Health Network signed a strategic partnership of 10 years. This strategy would help the company to connect the UVM health network with the help of advanced Philips solutions including ultrasound, clinical informatics, imaging systems and patient monitoring and would also provide a wide range of business and clinical consulting services for improving the patient’s health along with workflow optimization for improved staff and patient experience

It has its global networks through direct sales representatives and distributors Europe, America, Asia-Pacific, Middle East and Africa.

The company has its subsidiaries and they are Philips GmbH (Germany), Philips Consumer Lifestyle B.V. (Netherlands), Philips Medical Systems

Nederland B.V. (Netherlands), Philips Ultrasound, Inc. (U.S.) and Philips Oral Healthcare, LLC (U.S.) among others.

Hitachi, Ltd.:

Hitachi, Ltd. headquartered in Tokyo, Japan, was founded in 1910. The company is engaged in providing IT –related digital technologies, operational technologies and related products. The company deals in different business segments such as information & telecommunication system, electronic system and equipment , construction machinery, social infrastructure and industrial systems, construction machinery, high functional material and components, smart life and ecofriendly system, automotive system and others. 

  • In January 2018, Hitachi Healthcare Americas Corporation entered into an agreement for acquiring VidiStar, LLC for expanding their clinical reporting and analytics for the diagnostic imaging. This acquisition will help in expanding the Healthcare Informatics business of Hitachi and would help in expanding the product portfolio of the company

It has its global networks through direct sales representatives and distributors in Americas, Europe, Asia, Oceania and Middle East & Africa.

The company has its subsidiaries such as Hitachi T&D Solutions Inc. (U.S.), Accsys Technologies (U.K.) and Hitachi Healthcare American Corporation (U.S.) among others.

FUJIFILM Holdings Corporation:

FUJIFILM Holdings Corporation headquartered in Tokyo, Japan, was founded in 1934. The company is focused on using leading-edge, proprietary technologies to provide top-quality products and services that contribute to the advancement of culture, science, technology and industry, as well as improved health and environmental protection in society.  The company has its business segment such as document system, healthcare and material solution, imaging solution. 

  • In May 2019, FUJIFILM Corporation entered into an agreement for acquiring Medwork GmbH (Germany). This strategy would help the company to expand its product portfolio by including the instruments for diagnostic and therapeutic endoscopy

It has its global networks through direct sales representatives and distributors in Europe, Americas, Middle East and Africa and Asia-Pacific.

The company has its subsidiaries such as Fuji Xerox Co. Ltd. (Japan), Sonosite Inc. (U.S.), Fujifilm Global Graphic System Co. Ltd. (Japan), FUJIFILM Europe GmbH (Germany) and Cellular Dynamics International, Inc. (U.S.) among others.