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GE Healthcare Achieves #1 Worldwide Market Share Position in Compact Ultrasound Industry in 2006.

Publication: Business Wire
Publication Date: 26-MAR-07 		Format: Online
Delivery: Immediate Online Access
Full Article Title: GE Healthcare Achieves #1 Worldwide Market Share Position in Compact Ultrasound Industry in 2006.(Industry overview)(Company overview)

Article Excerpt
Launch of New Laptop-Size Ultrasound Systems Fuel Growth for GE; Company Becomes World's Top Compact Ultrasound Provider with Sales of $174 Million in 2006

WAUKESHA, Wis. -- GE Healthcare became the world market share leader in the compact ultrasound industry in 2006, as cited in a recent industry report issued by Klein Biomedical Consultants, an internationally recognized source of ultrasound market and trends. GE was the market leader with a 43 percent share, according to the report.

GE announced today the company's global Compact Ultrasound business grew sales to $174 million in 2006, which represents 74 percent growth compared to the prior year. This growth surpasses the 41 percent worldwide market growth for the compact ultrasound industry in 2006, as cited in the Klein report.

Harvey Klein, president of Klein Biomedical, stated in the report, "GE is expected to move up into the undisputed worldwide market leadership position in the year 2007 and should remain in this position through the end of the forecast period (2009)."

GE culminated its performance in 2006 with worldwide compact ultrasound revenue for the fourth quarter...

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