Signify Premium Insight: Is United Imaging Ready to Disrupt?
Published: April 20, 2022
The Signify View
As far as ambitions go, becoming a superpower in the global medical imaging market is a big one. For United Imaging, though, it is an ambition that is not only desirable, but essential. The Chinese vendor has enjoyed staggering growth. Since being founded in 2011, the vendor brought in around $900m in revenue in 2020 and is still growing, displacing other companies to gain significant market share in its domestic market. This may have been achieved with favourable government support, as well as policies, and state subsidies, but there is no denying how impressive the rise has been.