Siemens Healthineers

Founded: May 1, 2015

Headquarters: Erlangen, Germany

Revenue: 14,46 Billion EUR (2020)

Website: https://www.siemens-healthineers.com/

Siemens Healthineers helps healthcare organizations across the world add value by allowing them to enhance precision medicine, alter care delivery, improve patient experience, and digitalize healthcare. Siemens Healthineers, a global pioneer in medical technology, is continually developing new products and services in its key areas of diagnostic and therapeutic imaging, laboratory diagnostics, and molecular medicine. Siemens Healthineers is also expanding its digital health and enterprise services offerings.

On the list of top medical equipment firms, Siemens Healthineers is still ranked eighth. Siemens Healthineers is the medical technology division of the Siemens company, which is headquartered in Germany. The company's revenue fell somewhat, with sales down 3% to $17.0 billion (€14.5 billion). This was attributed to a drop in diagnostics, as a result of fewer routine testing sessions owing to societal limitations imposed to control the spread of Covid-19. In the imaging and advanced therapy areas, there was minor growth on a similar basis. Because CT scans were increasingly crucial for treating Covid-19 positive patients, computed tomography (CT) saw a lot of increase in imaging. Moving forward, the firm continues to make progress with its digital transformation and remains dedicated to assisting healthcare professionals in their efforts to extend precision medicine, revolutionize care delivery, and improve patient experience by empowering them.