Siemens Healthineers AG - Company Profile
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Siemens Healthineers AG (Siemens Healthineers), a subsidiary of Siemens AG, is a medical technology company. The company designs, develops, produces, and distributes diagnostic and therapeutic products, including imaging systems, in vitro diagnostics, and advanced therapies. The company’s primary products include molecular imaging systems, X-ray products, ultrasound systems, computed tomography systems, magnetic resonance imaging systems, testing systems, point-of-care (POC) testing systems, mobile C-arms, hybrid ORs, and angiography systems. It also offers enterprise and digital services. The company serves many customers, including laboratories, clinics, hospitals, hospital systems, physicians, public health agencies, universities, state-run and private health insurers, pharmaceutical companies, and clinical research institutes. The company operates in Europe, the Americas, the Middle East, Africa, and Asia-Pacific. Siemens Healthineers is headquartered in Forchheim, Bayern, Germany.
Headquarters
Germany
Address
Siemensstr. 3, Forchheim, Bayern, 91301
Website
www.siemens-healthineers.com
Telephone
49 696 6826602
No of Employees
72,000
Industry
Medical Equipment
Ticker Symbol & Exchange
SHL (ETR)
Revenue (2024)
$25.3B
4.5%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
10.4%
(2024 vs 2023)
Market Cap*
$50.7B
Net Profit Margin (2024)
XYZ
5.7%
(2024 vs 2023)
* As of and is in US$
Siemens Healthineers AG premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Healthcare IT Solutions: | Consulting and IT Services | CARTO XP |
| Imaging IT Solutions | Customer Care | AXIOM Sensis XP |
| Diagnostic IT Solutions | eCommerce | Naeotom Alpha |
| XYZ | XYZ | XYZ |
| XYZ | XYZ | XYZ |
| XYZ | XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | Plans/Strategy | In July, the company announced its plans to invest EUR70 million to expand its site in Kemnath, Upper Palatinate, and build a new assembly and manufacturing hall for advanced medical technology. |
| 2026 | Contracts/Agreements | In July, the company partnered with Vanderbilt Health to modernize and standardize diagnostic imaging, radiation oncology, and related workforce development programs across Vanderbilt Health’s hospitals in Nashville, the US. |
| 2026 | Contracts/Agreements | In July, the company collaborated with Cleveland Clinic to advance clinical and workflow innovations that enhance patient care and operational efficiency across the health system’s locations. |
Competitor Comparison
| Key Parameters | Siemens Healthineers AG | Abbott Laboratories | Stryker Corp | Danaher Corp | Becton Dickinson and Co |
|---|---|---|---|---|---|
| Headquarters | Germany | United States of America | United States of America | United States of America | United States of America |
| City | Forchheim | Abbott Park | Portage | Washington | Franklin Lakes |
| State/Province | Bayern | Illinois | Michigan | WashingtonD.C. | New Jersey |
| No. of Employees | 72,000 | 115,000 | 56,000 | 58,000 | 72,000 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Bernhard Montag, Ph.D. | Chief Executive Officer | Senior Management | 2015 | 57 |
| Jochen Schmitz, Ph.D. | Chief Financial Officer | Senior Management | 2017 | 60 |
| Darleen Caron | Director - Labor; Chief Human Resources Officer | Senior Management | 2024 | 62 |
| Ralf P. Thomas | Chairman | Non Executive Board | 2019 | 65 |
| John Kowal | Head - Americas; President | Senior Management | 2025 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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