Siemens Healthcare - Top 10 Medical Device Companies
Company: Siemens Healthcare
Location: Munich, Germany/Malvern, PA
CEO: Peter Löscher (full company), Hermann Requardt (healthcare)
Sales: $17.4 billion
In October 1847, the Siemens & Halske Telegraph Construction Company was founded. It later became Siemens AG.
The company's healthcare sector has about 48,000 employees worldwide, and in fiscal 2009, it generated external revenue of €11.9 billion ($17.3 billion*) and profit of €1.5 billion ($2.2 billion). Its clinical specialties are cardiology, neurology, oncology and surgery.
According to a Sept. 27 statement, the company expects all divisions of the healthcare sector will probably report a year-over-year increase in demand.
Revenue by Segment, 2008 and 2009, in billions
| Section | 2009 | 2008 |
|---|---|---|
| Imaging & IT | $10.5 | $9.9 |
| Workflow and Solutions | $2.2 | $2.17 |
| Diagnostics | $5.1 | $4.7 |
Source: Siemens' 2009 annual report.
* Exchange rate as of Sept. 30, 2009.




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