GE Healthcare Grows #1 Market Leadership Position in Global Compact Ultrasound Industry in 2007

WAUKESHA, Wis.--(BUSINESS WIRE)--GE Healthcare continues as the global market share leader in the compact ultrasound industry in 2007, as cited in a recent industry report issued by Klein Biomedical Consultants, an internationally recognized source of ultrasound market and trends. GE announced today the company’s global compact ultrasound business grew revenues to $260 million in 2007, growing 50 percent compared to the prior year. This surpasses the 42 percent worldwide industry market growth for compact ultrasound in 2007, as cited in the Klein report.

The company’s compact revenues were $47 million above its nearest competitor, according to the report.

Harvey Klein, president of Klein Biomedical, stated in the report, “GE is expected to continue its worldwide market leadership position through the year 2010 (the end of the report’s forecast period).”

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