Published on 1 Mar 2024 on Zacks via Yahoo Finance
Philips (PHG) Aids Diagnostic Imaging With Philips CT 5300
Philips PHG is enjoying the growing momentum of its diagnostic imaging portfolio on the back of AI-powered product launches.In this regard, the company introduced the Philips CT 5300 X-ray CT system, backed by robust AI capabilities.The AI-powered system enhances diagnostic confidence, workflow efficiency and system up-time, improving patient outcomes and department productivity in cardiac care, trauma care and interventional procedures.Additionally, the CT 5300 system makes advanced medical technology more accessible to patients through real-time collaboration and clinical support. It also integrates virtual tools, reduces energy consumption, and addresses challenges like increased caseloads.The company also uses Nanopanel Precise, its first AI-based detector, for CT 5300, achieving high-quality images at lower radiation dose, 85% lower noise and 60% better low-contrast detectability.Philips is expected to gain solid traction across diagnostic centers and other healthcare providers on the back of its latest move.
Koninklijke Philips N.V. Price and Consensus
