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Hitachi to buy Mitsubishi Electric's particle therapy business

 08-Dec-17, Nikkei Asian Review 

Hitachi will acquire Mitsubishi Electric's particle therapy equipment business as it seeks to tap growing demand abroad for advanced cancer treatment systems.

Hitachi to buy Mitsubishi Electric's particle therapy business (c) Nikkei Asian Reveiw

Image: Nikkei Asian Review

Hitachi to buy Mitsubishi Electric's particle therapy business (c) Nikkei Asian Reveiw

The business, which encompasses development, production, sales and maintenance, will be transferred to Hitachi to form a new organization in Apr-18.

Mitsubishi Electric controls slightly more than 50% of the domestic market for particle therapy systems, while Hitachi holds a nearly 20% share. With domestic demand mostly filled, the industry likely faces gradual declines. 

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 Healthcare insights 

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