- Business
- Siemens Healthineers AG (SHL.DE) develops, manufactures and markets diagnostic and therapeutic products and services for healthcare providers worldwide; core offerings span Imaging with magnetic resonance imaging, computed tomography, X-ray systems, molecular imaging and ultrasound devices; Diagnostics encompassing in-vitro testing including clinical chemistry analyzers, immunoassay systems, hematology, coagulation, urinalysis, blood gas analysis and molecular diagnostics; Varian segment providing multi-modality cancer care technologies, radiation oncology solutions and integrated digital workflows; Advanced Therapies featuring angiography systems, mobile C-arms and image-guided therapies; plus digital health services such as artificial intelligence in radiology, health data analytics, telemedicine platforms and workflow optimization tools. The company operates globally across Americas, Europe, Asia-Pacific, Middle East and CIS regions through approximately 72,000 employees, generating around €22 billion in revenue in fiscal year 2024 with key segments including Imaging at €11.8 billion, Diagnostics at €4.4 billion, Varian at €3.8 billion and Advanced Therapies at €2 billion. Headquartered in Forchheim near Erlangen, Germany with registered office in Munich, Siemens Healthineers traces its roots to 1847 as part of Siemens AG, which retains a 75% stake following the 2017 spin-off and 2018 IPO; it serves hospitals, clinics, laboratories and oncology centers with solutions influencing nearly three-quarters of critical clinical decisions. Recent developments include the December 2024 completion of its €200 million-plus acquisition of Novartis' Advanced Accelerator Applications Molecular Imaging business, adding 13 European radiopharmacies in France, Spain, Portugal, Italy and Germany plus a workforce of 420 to bolster PETNET Solutions' network for diagnostic radiopharmaceuticals in oncology, neurology and cardiology; a May 2025 announcement of $150 million U.S. investments in production expansion and job creation; and ongoing emphasis on AI integration and theranostics to drive precision medicine and growth in the €500 million PET sector projected to triple by 2033.