General Electric Healthcare (GE Healthcare) has had a general trend of increase in revenue during the given period, although with some ups and downs. In 2023, the revenue for GE Healthcare totaled 19.55 billion U.S. dollars. This was the highest annual revenue since 2019.
GE Healthcare in medical technology
GE Healthcare is a diversified healthcare and life sciences company that works in over 160 countries globally. The company was incorporated in New York in 1994. Some of their popular medical technology innovations include a pocket-sized ultrasound device, mammography devices, and CT scanners. As of 2024, GE Healthcare was one of the largest diagnostic imaging companies by market share. Along with an increase in revenue, GE Healthcare has also experienced a significant increase in profit since 1997.
The medical technology market
The medical technology market is a lucrative industry that has experienced significant growth in recent years and is forecast to continue growing significantly. By 2024 it is expected that the revenue generated by the medical technology industry will be around 600 billion U.S. dollars. As of 2022, the leading medical technology company based on revenue was Medtronic Inc., followed by Johnson & Johnson and Essilor Luxottica.
Annual revenue of General Electric Healthcare from 2008 to 2023
(in billion U.S. dollars)
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General Electric. (February 6, 2024). Annual revenue of General Electric Healthcare from 2008 to 2023 (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/277734/revenue-for-general-electric-healthcare-segment-since-2008/
General Electric. "Annual revenue of General Electric Healthcare from 2008 to 2023 (in billion U.S. dollars)." Chart. February 6, 2024. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/277734/revenue-for-general-electric-healthcare-segment-since-2008/
General Electric. (2024). Annual revenue of General Electric Healthcare from 2008 to 2023 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/277734/revenue-for-general-electric-healthcare-segment-since-2008/
General Electric. "Annual Revenue of General Electric Healthcare from 2008 to 2023 (in Billion U.S. Dollars)." Statista, Statista Inc., 6 Feb 2024, https://www.statista.com/statistics/277734/revenue-for-general-electric-healthcare-segment-since-2008/
General Electric, Annual revenue of General Electric Healthcare from 2008 to 2023 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/277734/revenue-for-general-electric-healthcare-segment-since-2008/ (last visited November 21, 2024)
Annual revenue of General Electric Healthcare from 2008 to 2023 (in billion U.S. dollars) [Graph], General Electric, February 6, 2024. [Online]. Available: https://www.statista.com/statistics/277734/revenue-for-general-electric-healthcare-segment-since-2008/
