GE HealthCare

GE Healthcare Technologies, Inc.
Company typePublic
IndustryHealthcare
Founded
  • September 28, 1994 (1994-09-28) (as a subsidiary)
  • May 16, 2022 (2022-05-16) (formation of corporate entity)
  • January 4, 2023 (2023-01-04) (spin-off from GE)
HeadquartersHeller International Building,
Chicago, Illinois
,
United States
Area served
Worldwide
Key people
Revenue US$19.7 billion (2024)
US$2.63 billion (2024)
US$1.99 billion (2024)
Total assets US$33.1 billion (2024)
Total equity US$8.45 billion (2024)
Number of employees
c.53,000 (2024)
Websitewww.gehealthcare.com
Footnotes / references

GE Healthcare Technologies, Inc. is an American health technology company based in Chicago, Illinois. The company, which stylizes its own name as GE HealthCare, operates four divisions: Medical imaging, which includes molecular imaging, computed tomography, magnetic resonance, women’s health screening and X-ray systems; Ultrasound; Patient Care Solutions, which is focused on remote patient monitoring, anesthesia and respiratory care, diagnostic cardiology, and infant care; and Pharmaceutical Diagnostics, which manufactures contrast agents and radiopharmaceuticals.

The company's primary customers are hospitals and health networks. In 2023, the company received 42% of its revenue in the United States and 13% of its revenue from China, where the company faces increasing competition.

The company operates in more than 100 countries. GE Healthcare has major regional operations in Buc (suburb of Paris), France; Helsinki, Finland; Kraków, Poland; Budapest, Hungary; Yizhuang (suburb of Beijing), China; Hino & Tokyo, Japan, and Bangalore, India. Its biggest R&D center is in Bangalore, India, built at a cost of $50 million.

In May 2022, General Electric formed the company to own its healthcare division; it completed the corporate spin-off of the company in January 2023.