Toshiba Medical Systems

What Toshiba Medical Systems does

Toshiba Medical Systems Corporation was a global medical imaging company founded in 1948 in Japan. In 2016, Canon Inc. acquired the entity and rebranded it as Canon Medical Systems Corporation, subsequently transferring its development and manufacturing functions into Canon Inc. itself. The company is no longer a standalone operating entity under the Toshiba Medical name; it now operates as part of Canon Inc.'s medical division under the Canon Medical Group brand.

Canon Medical designs, manufactures, and sells medical imaging equipment across six modalities: Computed Tomography (CT), Magnetic Resonance Imaging (MRI), Ultrasound, X-ray, Angiography, and Molecular Imaging. Its technology stack is anchored by proprietary AI-enhanced image processing, including the AiCE deep learning reconstruction engine, the Altivity AI Platform, PIQE image processing, and Japan's first domestically produced Photon Counting CT (Ultimion). The product range spans premium systems such as Aquilion ONE area detector CT, Vantage Galan 3T MRI, and Aplio i-series ultrasound, alongside a Healthcare IT layer comprising Vitrea advanced visualization, Vina Analytics, and an Automation Platform.

The business operates a direct enterprise field sales model with global regional offices, targeting hospitals, imaging centers, and specialty care providers across stroke, oncology, cardiology, lung cancer screening, sports medicine, and prostate care. Revenue derives from high-value capital equipment sales plus recurring service, support, refurbishment, and remote maintenance contracts. Pricing is quote-based and not publicly disclosed, consistent with the customized nature of medical imaging installations and regional regulatory variation.

Name

Toshiba Medical Systems

Legal name

Canon Inc.

Website

https://toshibamedicalsystems.com

Company type

Private

Founded year

1948

Operating status

Acquired

Headcount range

1,001–5,000 employees

Short description

Toshiba Medical Systems was acquired by Canon Inc. in 2016 and rebranded as Canon Medical Systems Corporation. The company designs, manufactures, and services AI-enhanced CT, MRI, ultrasound, X-ray, angiography, and molecular imaging systems for hospitals and specialty care providers globally.

Ownership category

akta.pro rank

Product category

Medical Imaging Equipment

NAICS

Navigational, Measuring, Electromedical, and Control Instruments Manufacturing (3345), Navigational, Measuring, Electromedical, and Control Instruments Manufacturing (33451)

SIC

Surgical & Medical Instruments & Apparatus (3841)

akta.pro primary industry

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

akta.pro secondary industries

AI Orchestration & Imaging Analytics Platforms (Model Management/Triage) (HLACALAG), Imaging Interoperability & Standards Enablement (DICOM/HL7/FHIR/IHE) (HLACALAJ), Universal Viewers & Enterprise Imaging Access (Zero-footprint/Diagnostic) (HLACALAD)

Keywords

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

Headquarters

HQ city

Tochigi

HQ country

Japan

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Medical Imaging Hardware Sales: Sale of medical imaging equipment including CT scanners, MRI systems, ultrasound machines, X-ray systems, angiography systems, and molecular imaging devices. These are typically high-value capital equipment purchases with long sales cycles targeting healthcare institutions.
2. Service and Support Contracts: Ongoing maintenance, remote service, and support services for installed equipment base. Includes training, refurbishment services, and interoperability support.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels6 records

Core offering

Toshiba Medical Systems (now Canon Medical Systems Corporation) manufactures and sells medical imaging equipment including Computed Tomography (CT), Magnetic Resonance Imaging (MRI), Ultrasound, X-ray, Angiography, and Molecular Imaging systems, along with Healthcare IT solutions (Vitrea Advanced Visualization, Vina Analytics, Automation Platform). The company sells directly to hospitals, imaging centers, and healthcare systems globally, complemented by recurring service, maintenance, and support contracts for its installed base.

Product overview

No product information available for Toshiba Medical Systems in the provided source data.

Differentiator

Problem solved

Functional benefit

Brands

• Canon Medical Group: Global medical business division of Canon Inc. producing medical imaging equipment including CT, MRI, ultrasound, X-ray, angiography, and molecular imaging systems

Products and services

• Alphenix Angiography System

Quantifiable outcome

• Reduced image noise while maintaining diagnostic quality through AiCE deep learning reconstruction
• +1 more outcomes

Segments6 records

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature10 records

Partnerships

Two partnerships are on record, tiered core.

• DICOM Standards OrganizationscoreTechnology or IntegrationCanon Medical maintains full DICOM compliance across current and past products, ensuring interoperability with healthcare IT systems and PACS platforms. The company publishes current and past DICOM conformance statements and supports IHE integration profiles for seamless healthcare data exchange.
• IHE (Integrating the Healthcare Enterprise)coreTechnology or IntegrationCanon Medical participates in IHE initiatives to ensure system interoperability and integration with healthcare enterprise workflows. Current and past IHE product conformance information is publicly available.

Scale indicators2 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Philips Healthcare: One of the 'Big 3' global medical imaging OEMs, directly competing with Canon Medical in CT, MRI, ultrasound, and interventional imaging. Comparable because of the same enterprise hospital sale motion and modality breadth.
• GE HealthCare: One of the 'Big 3' global medical imaging OEMs, directly competing with Canon Medical across CT, MRI, ultrasound, X-ray, and molecular imaging. Closest direct peer given overlapping modality portfolios and enterprise hospital customer base.
• Siemens Healthineers: One of the 'Big 3' global medical imaging OEMs with directly overlapping CT, MRI, molecular imaging, and angiography systems. Notably the leader in photon counting CT (NAEOTOM Alpha), making it the most strategically relevant competitor to Canon Medical's Ultimion program.
• Fujifilm Healthcare: Japanese-headquartered competitor offering CT, MRI, ultrasound, X-ray, and endoscopy; acquired Hitachi's medical business in 2021. Highly comparable as a domestic Japanese peer serving the same hospital customer base globally.
• Samsung Medison: Subsidiary of Samsung Electronics focused on ultrasound and growing in CT/MRI. Direct peer in the imaging modalities market with comparable hospital customer focus and Asian manufacturing base.

Emerging players

• Mindray Medical: Chinese medical device company with a growing imaging portfolio (ultrasound, patient monitoring, in-vitro diagnostics). Comparable as an emerging OEM/Asian competitor expanding into shared hospital customer accounts.
• Carestream Health: Medical imaging company specializing in digital radiography, CR, DR, and enterprise imaging IT. Comparable as a partial-overlap peer focused on X-ray room and PACS adjacencies to Canon's imaging portfolio.
• United Imaging Healthcare: Chinese medical imaging OEM rapidly gaining global share in CT, MRI, PET-CT, and molecular imaging with competitive price-performance. Comparable as an emerging disruptor pressuring incumbent OEMs on advanced hospital accounts.

Broad incumbents

• Hologic: Medical technology incumbent whose breast health imaging franchise (3D mammography) overlaps with Canon's women's health ultrasound and radiology solutions. Comparable as a broad incumbent serving hospitals and imaging centers.

Regional players

• Shimadzu Medical Systems: Japanese competitor in diagnostic X-ray, angiography, and fluoroscopy systems with particular strength in the Japanese and Asian hospital markets. Comparable regional peer in overlapping imaging modalities.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

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

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&A1 record

Investments

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

Frequently asked questions about Toshiba Medical Systems