Canon Inc. Realigns Global Medical Business Strategy

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., has been transferred to Canon Medical Systems USA Inc.
 
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 United States represents the largest opportunity for future growth.
 
Canon U.S.A. Inc. introduced the flat panel detector into the U.S. market in 1997 and Virtual Imaging Inc. incorporated these detectors into its portfolio of X-ray systems. The announcement of business realignment will build on this 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.
 
“This strategic move offers customers Canon Medical Systems USA Inc.’s unified experience for equipment purchases, service and education solutions,” says Toshio Takiguchi, senior managing executive officer, Canon Inc., and president and CEO, Canon Medical Systems Corporation. “At Canon Medical Systems USA Inc., our priority is always focused on supporting our customers by providing them with consistent X-ray systems sales, service, and applications support.”
 
Canon Medical Systems USA Inc., headquartered in Tustin, Calif., markets, sells, distributes and services radiology and cardiovascular systems, including CT, MR, ultrasound, X-ray and interventional X-ray equipment. 
 
Canon Medical offers a full range of diagnostic medical imaging solutions including CT, X-ray, ultrasound, vascular and MR, as well as a full suite of healthcare IT solutions, across the globe. Its mission is to provide medical professionals with solutions that support their efforts in contributing to the health and wellbeing of patients worldwide. Canon Medical works hand in hand with its partners: the medical, academic, and research community. 
 
Canon U.S.A. Inc. provides consumer, business-to-business, and industrial digital imaging solutions to the United States and to Latin America and the Caribbean markets. With approximately $36 billion in global revenue, its parent company, Canon Inc., ranks third overall in U.S. patents granted in 2018† and was named one of Fortune Magazine’s World’s Most Admired Companies in 2019. Canon U.S.A. is dedicated to its Kyosei philosophy of social and environmental responsibility. 
 
† Based on weekly patent counts issued by United States Patent and Trademark Office