Signify Premium Insight: Vendor Financials Roundup – The Health of the Imaging Sector Q2 2021

The financial results from 2021’s second quarter are, at first glance, startling, with several instances where figures for year-on-year growth border on the absurd. Siemens Healthineers’ total business revenues grew by 51% for example, while Fujifilm saw revenues rise by 58% and Samsung’s Ultrasound business enjoyed an increase of 37%. Of course, these extreme figures are predominantly a result of the unprecedented conditions experienced by the market last year, when the disruptive effects of the coronavirus pandemic were at their most severe. Ongoing demand for diagnostic testing for COVID is also a big factor for some vendors overall. However, the scale of the recorded growth does illustrate the medical imaging market’s blossoming recovery, along with several other narratives.