What Quality Electrodynamics does

Quality Electrodynamics (QED) is a US-based medical device company founded in 2006 by Dr. Hiroyuki Fujita in Mayfield Village, Ohio. The company designs, develops, manufactures, and supplies advanced radiofrequency (RF) coils and antennas used in magnetic resonance imaging (MRI) systems. These FDA Class II non-invasive devices operate across the full range of magnetic field strengths and are integrated into MRI scanners for diagnostic imaging of various human anatomies. QED's proprietary technology base is reflected in 17 patents authored by the founder and more than 40 scientific publications; the company holds ISO 13485:2016 (certificate FM 702781) and MDSAP (certificate 683565) certifications through BSI.

QED operates a B2B enterprise sales model, selling RF coils and antennas directly to leading global MRI original equipment manufacturers (OEMs) and research institutions. Pricing is contract-negotiated rather than list-based. The company's go-to-market leans on Dr. Fujita's standing in the MRI scientific community (ISMRM Fellow, 2014) and direct OEM relationships. Since Canon's October 2019 acquisition of a 70% stake, QED has operated as a consolidated subsidiary of Canon Inc. with access to Canon's imaging and electronics technology platform and global medical systems distribution, while retaining independent identity, leadership, and its Ohio headquarters.

QED is expanding its product surface with the SureWave Elastography platform, a portable magnetic resonance elastography device featuring a novel gravitational-based (non-pneumatic) patient transducer, co-developed with King's College London and LVTS INSERM 1148 (Paris) under the EU Horizon 2020 FORCE project. A 510(k) FDA submission for SureWave was filed in 2024, with Siemens Healthineers as the initial launch OEM partner for use with 1.5T and 3T MAGNETOM scanners. The device targets non-invasive liver stiffness assessment for chronic liver disease, representing QED's first move from being a component supplier into a clinical diagnostic device franchise.

Name

Quality Electrodynamics

Legal name

Quality Electrodynamics, LLC

Website

https://qedinnovations.com

Company type

Private

Founded year

2006

Operating status

Operating

Headcount range

101–250 employees

Short description

Quality Electrodynamics designs, manufactures, and supplies FDA Class II MRI radiofrequency coils and antennas to leading global MRI equipment OEMs and research institutions. Founded 2006 in Ohio and majority-owned by Canon since 2019, the firm is expanding into MR elastography via its SureWave platform.

Ownership category

akta.pro rank

Product category

MRI Imaging Components (Medical Device Electronics)

NAICS

Electromedical and Electrotherapeutic Apparatus Manufacturing (334510), Navigational, Measuring, Electromedical, and Control Instruments Manufacturing (3345)

SIC

Electromedical & Electrotherapeutic Apparatus (3845), Electronic Coils, Transformers & Other Inductors (3677)

akta.pro primary industry

Magnetic Resonance Imaging (MRI) Systems (HLAHABAC)

Keywords

• MRI RF coils
• Medical imaging components
• MR elastography devices
• Medical equipment electronics
• Diagnostic imaging antennas

Headquarters

HQ city

Willoughby

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. MRI RF Coil/ Antenna Hardware Sales: QED develops, manufactures, and sells advanced MRI radiofrequency antennas and coils to leading MRI original equipment manufacturers worldwide. These are medical device electronics sold as components or finished devices to OEM customers. QED is a global developer, manufacturer, and supplier of advanced medical equipment electronics.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Quality Electrodynamics develops, manufactures, and supplies advanced MRI radiofrequency (RF) coils and antennas used as components in MRI diagnostic imaging systems across the full range of magnetic field strengths. The company also produces the SureWave Elastography device, a portable magnetic resonance elastography system for non-invasive liver stiffness assessment. Its products are FDA Class II non-invasive medical devices sold to leading MRI OEMs and research institutions globally.

Product overview

Quality Electrodynamics (QED) is a medical technology company founded in 2006 that develops, manufactures, and supplies advanced MRI radiofrequency (RF) coils/antennas for diagnostic imaging at the full range of magnetic field strengths. The company operates as a subsidiary of Canon Inc. since 2019. Its core product portfolio includes MRI RF coils (FDA Class II non-invasive devices for diagnostic imaging across various human anatomies) and the SureWave™ Elastography system (a portable magnetic resonance elastography device for liver stiffness assessment). QED serves leading MRI original equipment manufacturers and researchers globally.

Differentiator

Problem solved

Functional benefit

Brands

• SureWave™: QED SureWave™ Elastography for Magnetic Resonance Systems - a portable FDA-submitted device featuring novel gravitational-based (non-pneumatic) patient transducer technology for MRI applications.

Products and services

• MRI Radiofrequency (RF) Coils/Antennas Cutting-edge MRI radiofrequency (RF) antennas and coils for diagnostic imaging across the full range of magnetic field strengths. FDA Class II non-invasive devices used for obtaining diagnostic images for various human anatomies. Supplied as components to leading MRI OEMs and research institutions worldwide.
• SureWave Elastography for Magnetic Resonance Systems Portable magnetic resonance elastography (MRE) device featuring a novel gravitational-based (non-pneumatic) patient transducer technology for non-invasive liver stiffness assessment and evaluation of chronic liver disease. Initially designed for use with Siemens Healthineers 1.5T and 3T MRI MAGNETOM scanners. Reimbursable under Category I CPT code for chronic liver disease evaluation.

Quantifiable outcome

• QED received the President's 'E Star' Award, the highest recognition a U.S. entity can receive for making a significant contribution to expansion of U.S. exports.
• +1 more outcomes

Named customers3 records

Segments2 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Feature2 records

Partnerships

Three partnerships are on record, tiered core and minor.

• Siemens HealthineerscoreStrategic or Co-development PartnerQED's SureWave Elastography technology is initially intended for use with Siemens Healthineers 1.5T and 3T MRI MAGNETOM scanners. Siemens Healthineers collaborated with QED to translate innovative MR Elastography methods into new clinical solutions, with Siemens VP noting pride in being the first to offer the new MRE device.
• King's College London - School of Biomedical Engineering and Imaging SciencescoreStrategic or Co-development PartnerThe SureWave Elastography technology was pioneered and prototyped by the School of Biomedical Engineering and Imaging Sciences at King's College London in collaboration with LVTS INSERM 1148 Institute in Paris, funded by EU Horizon 2020 project 'Imaging the Force of Cancer' (FORCE, project number 668039). QED developed and commercialized the device as a co-creation between the academic sector and industry.
• LVTS INSERM 1148 Institute (Paris)minorStrategic or Co-development PartnerCollaborated with King's College London in developing the novel gravitational-based (non-pneumatic) patient transducer technology for the SureWave Elastography device, as part of the EU Horizon 2020 FORCE project.

Scale indicators6 records

Recent moves6 records

Expansion highlights5 records

Emerging players

• INSIGHTEC: INSIGHTEC focuses on MR-guided focused ultrasound, sharing QED's positioning at the intersection of MRI hardware/sequences and therapeutic clinical applications, including liver-targeted procedures.
• Resoundant: Resoundant develops and licenses magnetic resonance elastography (MRE) technology licensed from Mayo Clinic, making it the closest emerging competitor to QED's SureWave Elastography liver stiffness assessment product.

Broad incumbents

• Canon Medical Systems: Canon Medical Systems is a global MRI OEM and a sister entity to QED under Canon Inc., with QED's founder/CTO bridging both organizations — directly relevant to QED's platform footprint and OEM channel.
• Philips Healthcare: Philips Healthcare is one of the four major MRI OEMs globally with internal coil development, comparable to QED as both a potential OEM customer and an incumbent competitor in MRI imaging.
• Siemens Healthineers: Siemens Healthineers is a global MRI OEM and the initial launch partner for QED's SureWave Elastography on 1.5T/3T MAGNETOM scanners, making it both a customer and a major incumbent in the same space.
• GE HealthCare: GE HealthCare is a leading global MRI OEM with internal RF coil manufacturing; it is one of QED's potential OEM customers and a broad incumbent across the MRI market QED supplies.

Direct peers

• RAPID Biomedical GmbH: RAPID Biomedical specializes in MRI RF coils and ancillary hardware for research and clinical MRI systems, directly comparable to QED's core RF coil and antenna product portfolio.
• Tesla Engineering Ltd: Tesla Engineering manufactures MRI coils, gradient components and cryogenic systems supplied to MRI OEMs and researchers, overlapping with QED's RF coil business in both OEM supply and research channels.
• MR Instruments: MR Instruments designs and manufactures custom MRI RF coils and accessories for OEM and research customers, the closest direct competitor to QED in MRI RF coil development across field strengths and anatomies.

Others

• Bayer (Medrad): Bayer's Medrad business supplies MRI contrast media injectors and accessories to OEM/clinical imaging channels, providing a comparable B2B medical imaging component supplier model even though it is not an RF coil competitor.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/quality-electrodynamics

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Quality Electrodynamics