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Canon Inc. Realigns Global Medical Business Strategy

Further Cements Canon’s Efforts to Prepare for Future Growth of Its Medical Business

As part of Canon Inc.’s global medical business strategic realignment, the X-ray business operations within Canon U.S.A. Inc.’s wholly owned subsidiary Virtual Imaging, Inc. will transfer to Canon Medical Systems USA, Inc. (CMSU) effective January 1, 2020.

“This strategic move offers customers Canon Medical Systems USA, Inc.’s world-class and unified experience for equipment purchases, service and education solutions”

The global medical imaging market is anticipated to expand extensively year over year by 2025, fueled by the aging population coupled with the need for early stage detection of chronic disease. As the leading medical imaging market globally, the U.S. represents the largest opportunity for future growth.

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Canon U.S.A. Inc., introduced the flat panel detector into the US market in 1997 and Virtual Imaging, Inc. incorporated these detectors into their portfolio of X-ray systems. Today’s announcement of business realignment will build on this strong legacy. This transfer will help Canon Medical Systems USA, Inc., accelerate additional opportunities for growth while continuing to elevate the customer experience by providing a single entity from which to access significant technology advancements and purchase equipment, as well as obtain service and applications support.

As a result, Canon Medical Systems USA, Inc., will add vital digital radiographic and mobile offerings to its current X-ray portfolio of multipurpose and fluoroscopic systems, significantly expanding its product line to be one of the broadest in the industry.

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“This strategic move offers customers Canon Medical Systems USA, Inc.’s world-class and unified experience for equipment purchases, service and education solutions,” says Toshio Takiguchi, senior managing executive officer, Canon Inc., and president and CEO, Medical Systems Corporation. “At Canon Medical Systems USA, Inc., our priority is always focused on supporting our customers by providing them with consistent, industry-leading X-ray systems sales, service and applications support.”

Read More: CipherTrace Q3 2019 Cryptocurrency Anti-Money Laundering Report: Two-Thirds of the Top 120 Cryptocurrency Exchanges Have Weak KYC

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