Table of Contents
Key Facts 1
Table of Contents 2
List of Tables 5
Siemens Healthcare - Business Description 6
Business Description - Siemens Healthcare 6
Siemens Healthcare - Overview 6
Siemens Healthcare - Financials 6
Siemens Healthcare - Market View 6
Siemens Healthcare - Key Strategies 6
Siemens Healthcare - Major Products and Services 7
Siemens Healthcare - History 9
Siemens Healthcare - SWOT Analysis 11
SWOT Analysis - Overview 11
Siemens Healthcare - Strengths 11
Strength - Performance of Diagnostics Division 11
Strength - Expertise in Technology 11
Strength - Broad Product Portfolio 11
Strength - Global Presence 12
Siemens Healthcare - Weaknesses 12
Weakness - Warning Letters 12
Weakness - Civil Litigation 12
Weakness - Product Recalls 12
Siemens Healthcare - Opportunities 12
Opportunity - Market Growth in Emerging Economies 12
Opportunity - Growing Aged Population 12
Opportunity - Acquisitions 13
Opportunity - Strategic Agreements 13
Opportunity - Growing IVD Market 13
Siemens Healthcare - Threats 13
Threat - Industry Consolidation Challenges 13
Threat - Competition 13
Threat - Stringent Government Regulations 14
Threat - Introduction of Innovative Technologies 14
Siemens Healthcare - Key Competitors 15
Siemens Healthcare - Key Employees 15
Siemens Healthcare - Key Employee Biographies 16
Siemens Healthcare - Company Statement 17
Siemens Healthcare - Locations And Subsidiaries 18
Head Office 18
Other Locations & Subsidiaries 18
Recent Developments 20
Corporate Communications 20
Oct 14, 2009: Siemens Medical USA To Layoff Workforce By 3% 20
Jun 29, 2009: Siemens Healthcare Appoints Michael Reitermann As New CEO, US Operations 20
Jan 09, 2009: Siemens IT Solutions Appoints Vice President, Healthcare Industry Group 20
Nov 28, 2008: Siemens Announces Executive Appointments To Its Division 20
May 06, 2008: Siemens Appoints New Head To Its Diagnostics Division 21
Apr 29, 2008: Siemens Appoints New CEO 21
Legal and Regulatory 22
Oct 02, 2008: Philips Files Patent Lawsuit Against Siemens 22
Oct 01, 2008: Siemens Wins $52.3 Million PET/CT Patent Suit Against Saint-Gobain 22
Product News 22
Nov 12, 2009: Royal Victoria Infirmary Deploys MAGNETOM Avanto 1.5 Tesla MRI System From Siemens 22
Nov 04, 2009: Siemens Healthcare Scores UK Installation Of MAGNETOM ESSENZA MRI 22
Oct 19, 2009: NCCC Provides Radiation Therapy Services Using ONCOR Systems And MAGNETOM Espree MRI From Siemens Healthcare 23
Sep 30, 2009: Siemens Installs MAGNETOM Avanto 1.5 Tesla MRI And syngo VIEWS Application At Musgrove Park Hospital 23
Sep 28, 2009: Royal Derby Hospital Treats Its First Radical Patient Case With ARTISTE IGRT Solution 24
May 21, 2009: Siemens Corporate Research Announces RAPID2 System For Biomarker Discovery 24
Apr 05, 2009: Siemens Announces Enhancements To Its MedSeries4 Clinical Suite 25
Mar 19, 2009: The South Birmingham Breast Unit Installs ACUSON Antares 25
Mar 16, 2009: Siemens Obtains Rights On T-Systems' i.s.h.med Hospital Information System 26
Mar 10, 2009: Siemens Celebrates 1,000th Installation Of Its All-In-One Digital Mammography Solution 26
Jan 09, 2009: University Of Iowa Hospitals Installs Magnetom Espree 27
Nov 21, 2008: Siemens Offers Innovative And Flexible Modular Building Solutions 27
Nov 07, 2008: UK Hospital Rolls Out Siemens Interventional Imaging System 27
Nov 03, 2008: Siemens Upgrades Soarian Hospital Information System 27
Oct 31, 2008: Siemens Launches Motion, A Complete Product Portfolio For Mild through Severe Hearing Loss 27
Oct 06, 2008: UK Hospital Adopts Siemens CT Somatom 28
Sep 12, 2008: UK Hospital Deploys Siemens Ultrasound System 28
Aug 25, 2008: Siemens Highlights Ultrasound Solutions In All Sizes At ISUOG 2008 28
Aug 19, 2008: Oxford Hospital To Deploy Siemens Ultrasound 29
Jul 24, 2008: Adaptive Radiation Therapy Highlights Siemens Booth At AAPM 2008 29
Jul 22, 2008: Siemens Hits 6,000th Milestone Installation Of SOMATOM Emotion CT Scanner 29
Jul 22, 2008: UK Cardiothoracic Hospital Installs Siemens Somatom Definition Dual Source CT 30
Jul 22, 2008: UK Cardiothoracic Hospital Selects Siemens' Magnetom Avanto MR 30
Jul 18, 2008: Siemens Helps Sutter Health Begin Seamless Transition To Next Generation PACS 30
Jul 17, 2008: Heart Scan With Lower Dosage Possible Using Dual-Source CT 30
Jul 03, 2008: Western Infirmary Installs S2000 Ultrasound System, The First In The UK 31
Jun 27, 2008: Siemens Expands Adaptive Radiation Therapy Global Reach 31
Jun 17, 2008: Siemens Next Generation Technology May Bring New Hope To Cancer Patients 31
Jun 11, 2008: English Hospital Installs Siemens MRI Scanner 32
Jun 05, 2008: Teleradiology Plus Electronic Health Record: Chemnitz Region Setting German Standards For Integrated Healthcare 32
May 31, 2008: Reliable Detection Of Heart Disease And Allergies: The synlab Medical Laboratory In Nuremberg Is The 5000th Customer To Purchase The Immulite 2000 Analyzer From Siemens 32
Apr 15, 2008: London Center Installs Siemens Cardiac Imaging Systems 33
Apr 15, 2008: London Center Installs Siemens' Somatom Definition Dual Source CT 33
Mar 13, 2008: Siemens Showcases Acuson S2000 At AIUM 2008 33
Mar 07, 2008: Siemens Unveils syngo WebSpace Enhancements At HIMSS 33
Feb 11, 2008: Siemens Healthcare Kicks Off New Era Of Expanded Access To High-Field MRI With First Install Of Affordable MAGNETOM ESSENZA 34
Nov 26, 2007: New Acuson S2000 Ultrasound System Dramatically Enhances The Way Ultrasound Departments Work And Provides A Platform For Cutting-Edge Technology And Applications 34
Clinical Trials 34
Jul 17, 2008: Heart Scan With Lower Dosage Possible Using Dual-Source CT 34
Jun 17, 2008: Siemens Next Generation Technology May Bring New Hope To Cancer Patients 35
Financial Announcements 35
Jan 27, 2009: Siemens Healthcare Reports Q1 Fiscal 2009 Results 35
Apr 30, 2009: Siemens Healthcare Posts Profit Of EUR355 Million In Q2 Fiscal 2009 36
Jan 31, 2008: Siemens Reports Q1 FIscal 2008 Results 36
Sep 22, 2009: Rutgers To Collaborate In $3.4 Million Research Effort To Improve Prostate Cancer Identification Using MRI 36
Other Significant Developments 37
Jan 11, 2007: Siemens And Biosense Webster Extend Strategic Alliance For Siemens’ Acunav Catheters 37
Mar 24, 2009: Sysmex And Siemens Renew Global Agreement 37
Jun 02, 2009: Siemens Healthcare Showcases New Imaging IT Innovations At SIIM 2009 38
Jan 28, 2009: Siemens Healthcare To Provide Al Razi Healthcare, Pakistan With State-Of-The-Art Diagnostic Facilities 38
Jun 15, 2009: Siemens Unveils Robust Financial Solutions At 2009 HFMA Conference 38
Jul 09, 2009: Siemens To Provide 37 Hospitals And 300 Clinics In South Africa With Healthcare IT Software 39
Jul 22, 2009: Siemens Showcases Products At AACC Expo In Chicago 39
Jul 21, 2009: Siemens Introduces Three New Clinical Laboratory Automation Solutions 40
Aug 05, 2009: Homerton Hospital Selects Siemens Healthcare's Ysio wi-D 40
Aug 10, 2009: Siemens Healthcare Unveils Latest Initiatives To Help Healthcare Providers Achieve ‘Meaningful Use’ 40
Aug 11, 2009: Avingtrans Signs Contract Extension For MRI Products With Siemens 41
Aug 19, 2009: Glasgow Cardiovascular Research Centre To Extend Research With New MRI Scanner 41
Aug 25, 2009: Volcano Enters Into Non-exclusive, Global Resale Agreement With Siemens Healthcare 41
Aug 28, 2009: Siemens Exhibits Solutions For Cardiovascular Medicine At ESC 2009 42
Feb 28, 2008: Siemens Expects US Medical Market To Recover In 2009 42
Feb 17, 2009: Sentinelle Medical Enters OEM Distribution Agreement With Siemens 43
Sep 29, 2009: Siemens Healthcare Sector Expects Additional Synergies In Its Laboratory Diagnostics Business 43
Apr 29, 2009: Siemens Healthcare And National Kidney Foundation Enter Partnership 44
Oct 14, 2009: Siemens Healthcare Wins $135 Million Contract From The University Of Pennsylvania Health System 44
Oct 26, 2009: Siemens Installs MAGNETOM Avanto 1.5 Tesla MRI, Artis Zee Multipurpose And SOMATOM Sensation CT At Bassetlaw 44
Nov 29, 2009: Siemens Healthcare To Launch Imaging Systems For Interventional Oncological Procedures At RSNA 2009 45
Nov 30, 2009: Siemens Healthcare To Showcase Latest Medical Imaging Technologies At RSNA 2009 46
Jan 11, 2010: Siemens Supplies Medical Technology To New Denia Hospital In Marina Alta Region, Spain 48
Jan 25, 2010: Siemens Healthcare Donates Needed Medical Equipment To Haiti Disaster Relief 49
Feb 08, 2010: Siemens Healthcare Wins Contract From Iraqi Health Ministry 49
Apr 09, 2008: Siemens Releases Wireless AMT Solution For Healthcare Facilities 49
Jan 09, 2007: Siemens Signs Agreement With Virginia Hospital Center 50
Jun 16, 2008: Siemens Opens Two New Radiopharmacies In US 51
Sep 10, 2008: SSI Signs Agreement With Siemens 51
Sep 23, 2008: Siemens Receives Orders From The Catholic Medical Center For Medical Equipment Systems 52
May 28, 2008: Siemens Donates And Implements Critical Medical Equipment To Aid China`s Earthquake Zone 52
Sep 08, 2008: Siemens Completes $100 Million Building Expansion At State-Of-The-Art Manufacturing Facility 53
Apr 14, 2008: Siemens Opens New Clinical Education Training Facility 53
Sep 29, 2008: Siemens Wins DARPA Contract 53
Strategy and Business Planning 54
Aug 03, 2009: Siemens Healthcare, IMPAC Expand Cooperation On Information Systems For Oncology 54
Oct 01, 2009: Siemens Healthcare To Open Americas Distribution Center In Plainfield, Indiana 55
Jan 08, 2009: Siemens Healthcare Signs Agreement With Hospital Clinic To Improve Patient Care 55
Jan 14, 2010: Siemens Healthcare's New Imaging Technologies Helps Reduce Breast Biopsies 55
Oct 13, 2009: Siemens Healthcare's Consortium To Establish New Cancer Facility In Auckland, New Zealand 56
Feb 11, 2010: Siemens Healthcare Renews Strategic Alliance With NextGen Healthcare To Deliver Ambulatory IT Solutions 57
Sep 02, 2008: Siemens Plans $109 Million Expansion At Its Manufacturing Facility In Walpole, MA 58
Sep 16, 2008: Siemens Plans To Open Distribution Center In Indiana 58
Feb 20, 2008: Siemens Partners With Prowess To Develop Advanced Radiation Oncology Treatment Planning Software 58
Aug 12, 2008: Siemens Plans To Open State-Of-the Art Training And Service Facility 58
May 08, 2008: Siemens And LabCorp Enter Agreement To Co-Develop New Clinical Diagnostic Tests 59
Mar 26, 2008: Siemens To Launch PETNET Services In India 60
Jun 11, 2007: Siemens And Partners HealthCare Enter Into Agreement To Advance SOA In Healthcare IT 60
Government and Public Interest 61
Mar 06, 2009: GE, Siemens Fight Obama Plan To Cut Diagnostics Imaging Tests Costs 61
Jun 24, 2009: Testimony Of Siemens Healthcare On Healthcare Reform 63
Appendix 64
Methodology 64
About Global Markets Direct 64
Contact Us 64
Disclaimer 64
List of Tables
Siemens Healthcare, Key Facts 1
Siemens Healthcare, Major Products and Services 7
Siemens Healthcare, History 9
Siemens Healthcare, Key Employees 15
Siemens Healthcare, Key Employee Biographies 16
Siemens Healthcare, Other Locations 18
Siemens Healthcare, Subsidiaries 19
