GE Healthcare

Founded: September 28, 1994

Headquarters: Chicago, Illinois, USA
Revenue: 19,78 Billion USD

Website: https://www.gehealthcare.com/

GE Healthcare, a renowned worldwide medical technology and life sciences firm, is a constant in the top ten. GE Healthcare is well-known for its imaging, ultrasound, software, and life care solutions, and it has a diverse product range. Due to the disposal of BioPharma, now known as Cytiva, which makes medical equipment to serve the biotech industry, sales declined by 10% in 2020. Life care solutions, on the other hand, outperformed the competition by quadrupling the production capacity of the Carescape R860 ventilator and increasing the manufacture capacity of other technologies utilized in the diagnosis and treatment of Covid-19. "Healthcare expanded sales organically and generated good margin and cash performance in 2020," CEO H. Lawrence Culp Jr. wrote in his annual letter to shareholders. We invested for the future throughout it all, introducing over 40 new products and acquired Prismatic Sensors, a company that specializes in photon-counting CT technology. Healthcare continues to place a premium on cutting-edge imaging technology, with digital at the forefront."