Canon Medical Systems

What Canon Medical Systems does

Canon Medical Systems Corporation is a Japanese-headquartered developer and manufacturer of diagnostic medical imaging equipment, wholly owned by Canon Inc. since the December 2016 acquisition of Toshiba Medical Systems (rebranded January 4, 2018). The company operates from Otawara, Tochigi, with regional HQs in Tustin (USA), Zoetermeer (Europe), São Paulo, Singapore, Castle Hill (ANZ), Beijing/Dalian, Hong Kong, Dubai (MEA), Buenos Aires, Gurgaon, Seoul, Kuala Lumpur, and Istanbul, serving approximately 140-150 countries through direct sales channels.

Canon Medical's product portfolio spans CT (Aquilion ONE/INSIGHT Edition 320-row area detector, Aquilion Precision ultra-high-resolution, Aquilion Serve SP, and the 2026 Ultimion photon-counting CT with CZT detectors), MRI (Vantage 3T and 1.5T family including the Vantage Galan 3T/Supreme Edition), ultrasound (Aplio i-series/Prism Edition, Aplio beyond, Aplio me), angiography (Alphenix family with Alphenix 4D CT hybrid Angio-CT suite), X-ray (Mobirex i9/Smart Edition, Radrex i5/Flex Edition, Ultimax-i, NRT line), molecular imaging (Cartesion Prime PET/CT), and healthcare IT (Vitrea advanced visualization, Automation Platform, Vina Analytics, Fysicon, Olea Medical). Core proprietary technology centers on AI-driven Deep Learning Reconstruction (AiCE for CT, PIQE for super-resolution MRI, CLEAR Motion for cardiac motion correction) unified under the Altivity platform, with co-development on NVIDIA DGX infrastructure and Keio University collaboration on a multi-position CT capable of scanning in standing, sitting, and supine positions.

The business model is B2B enterprise capital-equipment sales plus recurring service contracts, refurbished-equipment programs, and Canon Medical Academy training. Pricing is quote-based with multi-year contracts; revenue is not publicly disclosed. Customer segments include hospitals and integrated health systems (primary), community diagnostic centres, academic medical research institutions, and a growing sports-medicine vertical. Strategic alliances span NVIDIA (deep-learning infrastructure), Olympus (endoscopic ultrasound), Penn Medicine/Radboud UMC/Hiroshima University (photon-counting CT clinical research), and Bracco Imaging (contrast-enhanced ultrasound); bolt-on acquisitions include Fysicon (2018), Skope (2019), and NRT (2022).

Name

Canon Medical Systems

Legal name

Canon Medical Systems Corporation

Website

https://global.medical.canon

Company type

Private

Founded year

1930

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

Canon Medical Systems manufactures diagnostic medical imaging equipment (CT, MRI, ultrasound, X-ray, PET, healthcare IT) for hospitals, imaging centers, and academic research institutions across roughly 140-150 countries. Its portfolio centers on proprietary AI-driven reconstruction (AiCE, PIQE, CLEAR Motion) and the new Ultimion photon-counting CT. Wholly-owned by Canon Inc.

Ownership category

akta.pro rank

Product category

Diagnostic Medical Imaging Equipment

NAICS

Navigational, Measuring, Electromedical, and Control Instruments Manufacturing (3345), Surgical and Medical Instrument Manufacturing (339112)

SIC

Surgical & Medical Instruments & Apparatus (3841)

akta.pro primary industry

Computed Tomography (CT) Systems (HLAHABAB)

akta.pro secondary industry

Imaging Informatics & Workflow (PACS/RIS/VNA) (HLAHABAI)

Keywords

• Diagnostic imaging systems
• Computed tomography scanners
• Magnetic resonance imaging
• Medical ultrasound systems
• Healthcare IT software

Headquarters

HQ city

Otawara

HQ country

Japan

HQ region

Asia

Offices22 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Technology or R&D, Supply Chain, Personnel, Marketing or Sales, Operations, Infrastructure

Revenue model

1. Medical Imaging Equipment Sales: Canon Medical Systems generates the majority of its revenue through the sale of diagnostic imaging equipment including CT scanners, MRI systems, ultrasound machines, X-ray systems, and molecular imaging systems. Equipment is sold directly through global subsidiaries and via distributor networks.
2. Service, Maintenance & Support: Canon Medical provides installation, repair, and maintenance services for its imaging equipment through its global subsidiary network, generating recurring service revenue. The company also offers remote maintenance services and training programs through Canon Medical Academy.
3. Refurbished Equipment: Canon Medical offers a Refurbishment program as part of its service portfolio, providing certified pre-owned imaging equipment to healthcare facilities seeking cost-effective alternatives, contributing to circular economy initiatives.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels6 records

Core offering

Canon Medical Systems develops, manufactures, and sells diagnostic imaging systems across multiple modalities including CT (Computed Tomography), MRI (Magnetic Resonance Imaging), Ultrasound, X-ray (fluoroscopy, radiography, mobile), Molecular Imaging (PET/CT), and Healthcare IT solutions. The company also provides installation, repair, maintenance, refurbishment, and clinical training services through a global subsidiary network.

Product overview

Canon Medical Systems is a global diagnostic imaging company offering a comprehensive portfolio of medical imaging systems across multiple modalities. The product portfolio includes: Angiography systems (Alphenix family including Alphenix 4D CT hybrid suite); Computed Tomography (Aquilion series including Aquilion ONE/INSIGHT Edition, Aquilion Precision, Aquilion Serve SP, and Ultimion photon-counting CT); Magnetic Resonance Imaging (Vantage 3T and 1.5T systems including Vantage Galan 3T/Supreme Edition, Vantage Centurian, Vantage Orian, Vantage Fortian); Ultrasound (Aplio product family including Aplio i-series/Prism Edition, Aplio beyond, Aplio me); X-ray systems (Mobirex mobile X-ray, Radrex radiography, Ultimax-i fluoroscopy, NRT Products); Molecular Imaging (Cartesion Prime PET/CT); and Healthcare IT solutions (Vitrea advanced visualization, Automation Platform, Fysicon, Olea Medical). The company also offers AI-powered technologies including AiCE and PIQE deep learning reconstruction, the Altivity AI platform, and comprehensive service, training, and education programs through Canon Medical Academy.

Differentiator

Problem solved

Functional benefit

Brands

• Made for Life: The company's corporate philosophy and brand commitment focused on contributing to healthcare that protects and values human life. It encompasses three core principles: Made for Partnerships, Made for Patients, Made for You.
• Altivity

Products and services

• Alphenix Angiography Systems
• Aquilion ONE / INSIGHT Edition
• Aquilion Serve SP
• Aquilion Precision
• Ultimion Photon-Counting CT
• Vantage Galan 3T / Supreme Edition
• Vantage Orian
• Vantage Centurian
• Vantage Fortian
• Aplio beyond
• Aplio i-series / Prism Edition
• Aplio me
• Mobirex i9 / Smart Edition
• Radrex i5 / Flex Edition
• Ultimax-i
• Cartesion Prime
• Vitrea Advanced Visualization

Quantifiable outcome

• Aquilion ONE / INSIGHT Edition awarded 2024 Best New Radiology Device at Minnies Awards
• +4 more outcomes

Named customers16 records

Segments4 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability16 records

Feature10 records

Partnerships

16 partnerships are on record, tiered minor and core.

• Bracco Imaging S.P.A.minorStrategic or Co-development Partner · 4 March 2026Bracco Imaging and Canon Medical Systems Europe co-hosted a scientific symposium titled 'Advancing CEUS in Radiology: Clinical Innovations, Faster Pathways, Higher Efficiency' at ECR 2026 in Vienna, Austria on March 5, 2026. Canon and Bracco collaborate to advance Contrast-Enhanced Ultrasound (CEUS) technology and clinical adoption across European radiology departments.
• Valencia CFminorGTM or Marketing Partner · 7 February 2026Canon Medical Systems, SA became the official medical technology supplier of Valencia CF for two seasons, providing the Aplio i800 ultrasound system to improve musculoskeletal assessment, speed up diagnosis times, and optimize player recovery strategies. Partnership strengthens Canon Medical's position as a technology partner for elite sports organizations.
• Penn Medicine / University of PennsylvaniacoreStrategic or Co-development Partner · 27 November 2024Canon Inc., Canon Medical Systems Corporation, and Canon Healthcare USA launched a research collaboration with Penn Medicine for photon-counting CT application. The world's 4th Canon-developed PCCT system was installed at the Hospital of the University of Pennsylvania. Research focuses on enhancing chest/cardiac and musculoskeletal imaging. Collaboration aims to accelerate PCCT development based on clinical practice feedback.
• Hiroshima UniversitycoreStrategic or Co-development Partner · 8 April 2024Canon Medical Systems Corporation and Hiroshima University began clinical research using a Canon photon-counting CT system with the aim of rapidly advancing its practical application. Research aims to advance PCCT as the next generation of X-ray CT.
• Radboud University Medical Center (Netherlands)coreStrategic or Co-development Partner · 26 February 2024Canon Medical Systems completed the second worldwide installation of its photon-counting CT system at Radboud University Medical Center. Clinical research began in late January 2024, with Radboud contributing clinical evidence and feedback for PCCT development.
• Olympus CorporationcoreStrategic or Co-development Partner · 15 January 2024Canon Medical Systems Corporation and Olympus Corporation announced a business alliance regarding Endoscopic Ultrasound Systems in January 2024. The partnership aims to combine Canon's imaging technologies with Olympus's endoscopic expertise to develop integrated solutions for gastrointestinal and interventional ultrasound procedures.
• Nordisk Røntgen Teknik A/S (NRT)coreStrategic or Co-development Partner · 1 March 2022Canon Medical Systems Corporation acquired Danish medical equipment manufacturer Nordisk Røntgen Teknik A/S (NRT) on March 1, 2022. The acquisition aimed to expand Canon Medical's portfolio in multi-purpose fluoroscopy and interventional gastro while leveraging European technology and manufacturing capabilities. NRT products (now branded as NRT X-RAY A/S) include diagnostic X-ray systems, strengthening Canon's X-ray offerings globally.
• Nagasaki UniversitycoreStrategic or Co-development Partner · 25 February 2020Canon Medical Systems and Nagasaki University collaborated on rapid genetic testing systems including Genelyzer KIT for SARS-CoV-2 (COVID-19) using the LAMP method. Canon was selected by AMED (Japan Agency for Medical Research and Development) for COVID-19 diagnostic research. Testing system achieved results in 40 minutes with 90%+ sensitivity.
• Keio UniversitycoreStrategic or Co-development Partner · 1 January 2020Canon Medical and Keio University jointly developed a multi-position CT system, the first CT capable of supporting scanning in standing, sitting, and supine positions. The system transforms between positions in under 60 seconds and can detect abnormal lesions not visible in conventional examinations. Already launched in Japan.
• Skope Magnetic Resonance Technologies AGcoreTechnology or Integration · 25 November 2019Canon Medical Systems acquired all shares of Skope Magnetic Resonance Technologies AG (Zurich, Switzerland, founded 2011, CEO: Christoph Barmet) in November 2019. Skope provides MRI users with magnetic field monitoring systems and image reconstruction software. The acquisition strengthened Canon's MRI research and development capabilities.
• Center for iPS Cell Research and Application (CiRA), Kyoto UniversitycoreStrategic or Co-development Partner · 1 August 2019Canon Inc., Canon Medical Systems, and CiRA commenced joint research from August 2019 aimed at realizing high-quality autologous iPS cells ('my iPS cells'). Canon applies its optical, measurement, and diagnostic imaging technologies to develop low-cost examination methods and investigate markers for cell differentiation, contributing to regenerative medicine.
• R-Pharm HoldingcoreChannel Partner/ Reseller/ Distributor · 1 July 2019Canon Medical Systems and R-Pharm Holding established a strategic framework to promote sales of Canon diagnostic imaging systems in the Russian Federation and to localize Canon medical equipment production at R-Pharm facilities in Russia. The partnership leverages R-Pharm's strong market position in Russian healthcare.
• NVIDIAcoreTechnology or Integration · 16 April 2018Canon Medical Systems and NVIDIA co-developed and commercialized deep-learning research infrastructure in Japan for medical research institutions such as university hospitals. The joint solution integrates Canon Medical's imaging systems with NVIDIA DGX systems to enable AI training on large volumes of medical data for diagnostic imaging applications.
• Kumamoto University and University of BordeauxcoreStrategic or Co-development Partner · 20 March 2018Canon Medical initiated collaborative research on Deep Learning Reconstruction (DLR) in MRI with Kumamoto University and the University of Bordeaux. Research focused on applying AI-based noise elimination in MR imaging, with DLR-comparable images to 7T MRI achieved using Canon's 3T MRI system.
• Fysicon B.V.coreTechnology or Integration · 7 March 2018Canon Medical Systems acquired Fysicon B.V., a Dutch medical equipment manufacturer, in March 2018. Fysicon develops cardiovascular monitoring systems and healthcare IT products. Integration with Canon's X-ray angiography systems aimed to improve workflow in cardiac disease treatment and support total care solutions.
• Vital Images, Inc.coreTechnology or Integration · 1 January 2018Canon Medical's subsidiary Canon Medical Informatics (Vital Images) develops and distributes advanced visualization software including the Vitrea platform and Global Illumination rendering technology. Canon acquired Vital Images and continues to operate it as a US-based subsidiary (Minneapolis, Minnesota).

Scale indicators7 records

Recent moves6 records

Expansion highlights7 records

Direct peers

• Samsung Medison: Subsidiary of Samsung focused on ultrasound and women's health imaging, directly overlapping with Canon's Aplio ultrasound and women's health product lines.
• Philips: Royal Philips' Diagnosis & Treatment segment competes head-to-head with Canon Medical in CT, MRI, ultrasound, and interventional X-ray, particularly in cardiology and image-guided therapy.
• Siemens Healthineers: One of the 'Big Three' global diagnostic imaging OEMs, with a directly overlapping CT, MRI, X-ray, ultrasound, and molecular imaging portfolio and an installed-base service business comparable to Canon Medical's.
• GE HealthCare: Direct competitor across CT, MRI, PET/CT, ultrasound, and X-ray modalities, with comparable enterprise healthcare-IT and AI imaging offerings targeting the same hospital customers.
• Fujifilm Healthcare: Strong direct competitor in Japan and globally after acquiring Hitachi's diagnostic imaging business; competes in CT, MRI, X-ray, endoscopy, and healthcare IT — overlapping with most of Canon's portfolio.

Emerging players

• Hologic: Focused on women's health imaging (mammography, breast biopsy) and adjacent diagnostics — narrower portfolio than Canon Medical but competes in breast imaging and women's-health ultrasound.
• Mindray: Chinese medical device manufacturer with a growing diagnostic imaging business (ultrasound, MRI, DR) competing with Canon Medical in emerging markets and lower-tier segments.
• United Imaging Healthcare: Chinese multi-modality imaging OEM rapidly expanding in CT, MRI, PET/CT, and AI imaging; competes with Canon Medical especially in cost-sensitive emerging markets and increasingly in developed markets.

Broad incumbents

• Carestream Health: Broad medical imaging and healthcare IT incumbent, particularly strong in X-ray (digital radiography), PACS, and enterprise imaging — overlapping with Canon's X-ray and Healthcare IT segments.
• Agfa-Gevaert (Agfa HealthCare): Enterprise imaging and direct radiography vendor with a comparable footprint in hospital IT, PACS, and DR — competes with Canon's Healthcare IT (Vitrea, Automation Platform) and X-ray businesses.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UCIhADTRbjgRGZyMMXHPp_uw
• Facebookfacebook.com/CanonMedical
• LinkedInlinkedin.com/company/canon-medical-systems-corporation
• Xx.com/CanonMedical

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Subsidiaries14 records

Funding overview

Funding rounds

Investors

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M&A2 records

Investments1 record

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Frequently asked questions about Canon Medical Systems