GE HealthCare Technologies Inc - Company Profile
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View moreGE HealthCare Technologies Inc (GE HealthCare) provides transformational medical technologies and services for better patient care and serves healthcare professionals and their patients. Focused R&D activities, business performance of imaging segment and wide geographical reach are its strengths, even as, product recall issues and increase in debt is a major cause for concern for the company. GE HealthCare could benefit from the launch of new products, strategic initiatives and the growing global diagnostic imaging market. However, economic instability, competition and rapid technological changes is expected to increase the company’s costs and reduce revenue as introducing new devices in the market becomes a longer and more expensive process.
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