New Medical Technologies

What New Medical Technologies does

New Medical Technologies KFT (NMTG, NewMedTech) is a privately held Hungarian medical equipment holding company headquartered in Budapest, founded to distribute, install, commission, and maintain high-technology diagnostic and therapeutic medical and laboratory equipment. The company operates as an authorized dealer and strategic distribution partner for 120+ global manufacturers including Siemens Healthineers, Varian, General Electric, Zap-X, Vision RT, iRT, SIT, Kinepict, PTW, SinoVision, Visaris, Sonoscanner, Konted, CardiacSense, and Hyper-Photonics. Its portfolio spans CT simulators (Siemens SOMATOM go.Sim), digital X-ray systems (Visaris), ultrasound equipment (Sonoscanner, Konted), magnetic resonance imaging, mammographs, radiation therapy systems (ZAP-X gyroscopic radiosurgery, AlignRT surface-guided radiation therapy, IQM real-time verification, SIT ElectronFlash FLASH RT and LIAC HWL intraoperative electron accelerators), dosimetry equipment (PTW), cardiac monitoring (CardiacSense watch), angiography software (Kinepict with DVA dose-reduction technology), and vein visualization (VeinVu 200). The company is led by Contact Person Ádám Pap and operates from a headquarters and a 4,000 sq.m three-warehouse depot complex in Budapest.

The business model combines multiple revenue streams: capital equipment sales and turnkey installation, multi-brand service maintenance contracts covering 110+ organizations, equipment leasing for high-cost diagnostic and therapeutic systems, professional services including doctor training, premises assessment, and oncology department consulting, and software licensing (Kinepict subscriptions with 1-3 month free trial periods). Pricing is predominantly quote-based for enterprise equipment, with the VeinVu 200 listed at 3,500 EUR per unit. The go-to-market motion is enterprise field sales with technical specialists providing consultation-led selling to medical centers across Hungary, Serbia, Poland, and Moldova, with an expanded footprint into Kazakhstan, Uzbekistan, Kyrgyzstan, Ukraine, and Russia. Distribution channels include direct field sales, the authorized dealer network for 120+ manufacturers, warehouse inventory sales with downloadable catalogs, and authorized distribution partnerships for advanced radiation therapy brands.

Group revenue for 2024 was disclosed at $140M (with a secondary reference of $126M on a manufacturer partner page), generated through 16 completed major projects across 44 regions. The company exhibits AI-related capabilities primarily through its distributed products rather than proprietary development: the Siemens SOMATOM go.Sim features AI-based automatic contouring of organs at risk and iterative metal artifact reduction, and Kinepict uses Digital Vascular Analysis image processing. The product portfolio incorporates several proprietary or clinically validated technologies, including the IQM system (51 publications, 139 systems in clinical use worldwide) and the CardiacSense algorithm (99.1% sensitivity and 99.4% positive predictive value for atrial fibrillation detection, FDA-cleared January 2023, CE-marked since 2021).

Name

New Medical Technologies

Legal name

New Medical Technologies KFT

Website

https://nmtg.eu

Company type

Private

Founded year

2018

Operating status

Operating

Headcount range

1–10 employees

Short description

New Medical Technologies KFT is a Budapest-based medical equipment holding company that distributes, installs, and services high-tech diagnostic and radiation therapy equipment from 120+ manufacturers across Central, Eastern Europe, and Central Asia.

Ownership category

akta.pro rank

Product category

Medical Equipment Distribution

NAICS

Electronic and Precision Equipment Repair and Maintenance (811210), Electronic and Precision Equipment Repair and Maintenance (81121), Professional, Scientific, and Technical Services (54)

SIC

Wholesale-Medical, Dental & Hospital Equipment & Supplies (5047), Surgical & Medical Instruments & Apparatus (3841), Laboratory Analytical Instruments (3826)

akta.pro primary industry

Remote Diagnostics & Point-of-Care (Connected Testing, Home Lab Devices) (HLACAPAK)

akta.pro secondary industries

Chronic Disease Remote Monitoring (COPD/CHF/HTN, Weight & Symptom Tracking) (HLAHACAI), Medical Devices & Diagnostics (TLAIALAD)

Keywords

• Medical equipment distribution
• Radiation therapy systems
• Diagnostic imaging equipment
• Medical device maintenance
• Radiology equipment supply

Headquarters

HQ city

Budapest

HQ country

Hungary

HQ region

Europe

Offices3 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Medical Equipment Distribution and Sales: Sale of high-tech medical and laboratory equipment including CT scanners, radiation therapy systems, diagnostic imaging equipment, and accessories. The company serves as official dealer for major manufacturers including Siemens Healthineers, and distributes products from 120+ global manufacturers. Revenue generated through equipment supply, installation, and commissioning on a turnkey basis.
2. Service Maintenance Contracts: Ongoing equipment maintenance services for multi-brand medical centers. The company provides service maintenance to 110+ organizations, offering personal service conditions and guaranteeing efficient operation of equipment centers. Service contracts can be discussed even when other specialists were engaged in the initial arrangement.
3. Equipment Leasing: Leasing arrangements for professional medical equipment, providing flexible financing options for medical centers acquiring high-cost diagnostic and therapeutic equipment.
4. Professional Services and Consulting: Expert consulting services including equipment selection and supply, radiation-measuring data input, doctor training, design and construction of medical facilities, and oncology department analysis for comprehensive medical center development.
5. Software Licensing (Kinepict): Licensing of proprietary medical software such as Kinepict for X-ray angiography, which offers dose reduction and image quality improvement. The software is offered with a 1-3 month free test period before commercial licensing.
6. Warehouse/Inventory Sales: Sale of equipment from warehouse inventory including equipment from manufacturers such as Kuehner, Helmke, and PTW, available for immediate purchase with downloadable PDF catalogs and pricing.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels6 records

Core offering

New Medical Technologies KFT is a Hungarian-based European holding that distributes, installs, commissions, and maintains high-tech medical and laboratory equipment for medical centers. Operating as an official dealer for 120+ global manufacturers (including Siemens Healthineers, Zap-X, Vision RT, iRT, and SIT), the company delivers turnkey equipment solutions spanning CT scanners, MRI, mammographs, radiation therapy systems, ultrasound, digital X-ray, dosimetry equipment, and cardiac monitoring devices. In addition to equipment supply, the company provides ongoing multi-brand maintenance services to 110+ organizations, equipment leasing, software licensing (Kinepict), doctor training, and full-cycle medical center development from premises assessment through commissioning.

Product overview

New Medical Technologies is a European medical equipment holding company that distributes, installs, and maintains high-tech medical and laboratory equipment. The portfolio includes radiation therapy equipment (SOMATOM go.Sim CT simulator, ZAP-X radiosurgery, Vision RT's AlignRT/MapRT/DoseRT SGRT systems, IQM verification, SIT's ElectronFlash/LIAC HWL/IORT ECHO TPS, SBRT immobilization), diagnostic imaging (SinoVision CT scanners, Visaris digital X-ray, Sonoscanner ultrasound, Konted portable ultrasound, VeinVu 200), cardiac monitoring (CardiacSense medical watch), and proprietary software (Kinepict angiography software). Services include equipment selection, leasing, installation, commissioning, maintenance, and medical center design/construction.

Differentiator

Problem solved

Functional benefit

Brands

• Kinepict: X-ray angiography software that reduces X-ray dose by 70% and ICM dose by 50% using DVA (Digital Vascular Analysis) technology
• VeinVu 200
• CardiacSense
• SBRT Immobilization System

Products and services

• SOMATOM go.Sim CT Simulator

Quantifiable outcome

• 70% X-ray dose reduction with Kinepict DVA technology in clinical studies
• +6 more outcomes

Named customers10 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability4 records

Feature4 records

Partnerships

Ten partnerships are on record, tiered flagship, core and minor.

• Siemens HealthineersflagshipStrategic or Co-development PartnerStrategic partnership where NEW MEDICAL TECHNOLOGIES KFT serves as a strategic partner of SIEMENS in various countries, distributing SOMATOM go.Sim CT simulators and other Siemens medical equipment for radiation therapy planning.
• Zap-XcoreChannel Partner/ Reseller/ DistributorNew Medical Technologies Kft is an authorized distributor of ZAP-X gyroscopic radiosurgery systems in Hungary, providing sales, installation, and support for innovative brain tumor and head/neck treatment solutions.
• Vision RTcoreChannel Partner/ Reseller/ DistributorNMTG serves as official distributor of Vision RT technologies including AlignRT surface-guided radiation therapy, MapRT clearance solutions, and related products for radiotherapy centers.
• iRT (Integral Quality Monitor)coreChannel Partner/ Reseller/ DistributorNewMedTech is the official distributor of iRT's Integral Quality Monitor (IQM) System, representing 51 publications of clinical evidence and 139 systems in use worldwide for real-time radiation therapy verification.
• SIT Sordina IORT TechnologiescoreChannel Partner/ Reseller/ DistributorDistribution partnership for SIT products including ElectronFlash for FLASH RT, LIAC HWL mobile electron linear accelerators, and IORT ECHO TPS treatment planning systems, with 26 years of innovation history and 30,000+ IOeRT treatments.
• PTW FreiburgminorChannel Partner/ Reseller/ DistributorOfficial dealer for PTW dosimetry equipment used in radiation therapy quality assurance applications.
• Hyper-PhotonicsminorChannel Partner/ Reseller/ DistributorOfficial dealer for Hyper-Photonics HyPHo Holmium Laser equipment for medical applications.
• CardiacSenseminorChannel Partner/ Reseller/ DistributorDistribution partnership for CardiacSense medical-grade smartwatch with FDA clearance (January 2023) and CE Mark (2021), featuring continuous cardiac monitoring with 99.1% sensitivity.
• Kinepict / Medical Digital InnovationcoreTechnology or IntegrationDistribution and promotion of Kinepict software for X-ray angiography, a proprietary technology offering 70% X-ray dose reduction and 50% ICM reduction through DVA (Digital Vascular Analysis) processing. Clinical studies conducted with multiple EU university hospitals.
• 120+ Global ManufacturerscoreChannel Partner/ Reseller/ DistributorComprehensive network of official dealer relationships with 120+ global medical equipment manufacturers including Siemens, Varian, General Electric, PTW, Control-X, SinoVision, Sonoscanner, Konted, Visaris, and others for diagnostic and therapeutic medical equipment.

Scale indicators9 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Carl Zeiss Meditec: Medical technology company focused on ophthalmology, microsurgery, and radiotherapy visualization. Comparable as a European-headquartered specialty medical device OEM whose products and channels intersect with NMTG's hospital procurement relationships.
• GE HealthCare: One of the world's largest medical imaging, ultrasound, and patient monitoring manufacturers. Sells CT, MRI, X-ray, and monitoring devices that overlap directly with NMTG's portfolio (including GE Innova referenced in NMTG customer references). Competes both as an OEM that bypasses dealers and as a benchmark for what NMTG's principals offer.
• Philips Healthcare: Global medical imaging, diagnostic, and connected care manufacturer with overlapping products in CT, MRI, ultrasound, and patient monitoring. Represents the same category of OEM that NMTG distributes and competes against, and is a primary direct-sales competitor for the same European hospital accounts.
• Siemens Healthineers: Global manufacturer of imaging, diagnostics, and advanced therapy equipment including the SOMATOM go.Sim that NMTG distributes. As both a key partner and indirect competitor (Siemens sells direct in many markets), it is the most strategically relevant incumbent reference and the dominant benchmark for the radiotherapy/imaging category NMTG operates in.
• Elekta: Swedish manufacturer of radiation therapy and radiosurgery systems and software. Directly relevant incumbent in the linear-accelerator and radiotherapy segment where NMTG sells and services competing systems such as Zap-X and partners with iRT.
• Varian Medical Systems (a Siemens Healthineers company): Leading manufacturer of radiation oncology systems (linear accelerators, treatment planning). Direct competitor/principal for the radiation-therapy equipment category that is a core NMTG vertical, and a benchmark for the segment in which NMTG holds distribution and service rights.
• Canon Medical Systems: Manufacturer of diagnostic imaging systems (CT, MRI, ultrasound, X-ray) with European distribution footprint. Comparable as an OEM whose products overlap NMTG's portfolio and which sells into the same Eastern European hospital accounts, sometimes via local distributors like NMTG.

Direct peers

• Agiliti Health: US-based medical equipment services and rental provider managing multi-vendor equipment fleets for hospitals. Closely comparable on the service-maintenance side of NMTG's business — recurring multi-brand service contracts on installed imaging and therapy equipment — though primarily a US operator.
• Medison Group: Israel-headquartered distributor of high-end medical imaging, diagnostics, and therapy equipment across Central/Eastern Europe and EMEA. Operates a multi-OEM distribution model similar to NMTG, partnering with manufacturers such as Siemens Healthineers and providing installation and after-sales service. Directly comparable business model, customer base, and geographic profile.

Emerging players

• Mindray: Chinese medical device manufacturer expanding aggressively into patient monitoring, ultrasound, and diagnostic imaging in EMEA and CIS markets. Comparable as an emerging OEM whose products partially overlap NMTG's portfolio (especially ultrasound and monitoring) and which competes for the same mid-tier Eastern European accounts.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/nmtg.eu
• LinkedInlinkedin.com/company/nmtg-eu

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 New Medical Technologies