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GE Healthcare recently announced the creation of the Sustainable Healthcare Solutions (SHS), which will develop high-value, low-cost technologies and healthcare delivery solutions across multiple care settings. The $300 million investment will be part of a multi-phase effort to develop a more robust affordable healthcare portfolio for customers. SHS will promote GE Healthcare products that include its hand-held ultrasound device Vscan Access and Lullaby infant warmer, both designed to improve healthcare outcomes in remote rural settings in maternal infant care.
“Much of the world’s population is without adequate healthcare, and innovations that can create better patient outcomes in a sustainable way are urgently needed,” said John Flannery, President and CEO of GE Healthcare. “Many emerging economies are looking for experienced partners to help build skills, capacity and effective healthcare solutions for their patients.”
The low-cost healthcare equipment sector alone is now estimated to be worth over $8 billion and growing significantly as developing countries continue to invest in effective, long-term healthcare solutions to improve the health of their populations.
“SHS will leverage GE’s Fastworks methodology to accelerate, test and rapidly commercialize relevant, affordable technologies. By taking this ‘start-up’ model approach we can rapidly test new ideas, products and services to maximize effectiveness for customers before we scale up,” said Terri Bresenham, President and CEO of GE Healthcare’s Sustainable Healthcare Solutions unit. “From basic primary care delivery through to more complex, structural healthcare challenges, SHS will aim to combine GE Healthcare’s capabilities and scale with the local know-how and expertise of our partners across Africa, Southeast Asia, India and South Asia.”
About GE Healthcare
GE Healthcare provides transformational medical technologies and services to meet the demand for increased access, enhanced quality and more affordable healthcare around the world. GE (NYSE: GE) works on things that matter – great people and technologies taking on tough challenges. From medical imaging, software & IT, patient monitoring and diagnostics to drug discovery, biopharmaceutical manufacturing technologies and performance improvement solutions, GE Healthcare helps medical professionals deliver great healthcare to their patients.
For Further Information
More on the ultrasound market in the U.S. can be found in the report published by iData entitled U.S. Market for Ultrasound Imaging Equipment. This report also covers the U.S. market segments for cardiology ultrasound equipment, radiology ultrasound equipment, obstetrics and gynecology ultrasound equipment, breast ultrasound equipment, urology ultrasound equipment, surgery ultrasound equipment, and ophthalmic ultrasound equipment.
This iData report includes ultrasound procedures by field, by specialty, and by State, using both government and private payer scheme data. Trend analysis is provided for the last 4 years.
Full reports also provide a comprehensive analysis including units sold, procedure numbers, market value, forecasts, as well as detailed competitive market shares and analysis of major players’ success strategies in each market and segment. To find out more about U.S. ultrasound market data or procedure data, register online or email us at [email protected] for a U.S. Market for Ultrasound Imaging Equipment report brochure and synopsis.
About Procedure Tracker
Procedure number data is available from iData’s Procedure Tracker service, which allows subscribers to define and analyze procedure data segmented by State, region, hospital, surgery centre, and physician. A customizable dashboard sorts procedure data for further analysis and research.
About Reimbursement Tracker
iData Research’s Reimbursement Policy Tracker enables medical device, dental, pharmaceutical and healthcare professionals to receive real-time policy updates from hundreds of insurance companies and 60,000+ policies across all therapeutic areas in the United States.
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