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Inside the Business of Medical Imaging
Agfa-Gevaert's business model centers on medical imaging & specialty chemicals. Key partners include equipment suppliers and healthcare providers. Their value proposition emphasizes innovation and reliability. Costs focus on R&D and manufacturing. Revenue streams come from product sales & services. Download the full canvas for detailed insights.
Partnerships
Technology Partners
Agfa-Gevaert strategically teams up with technology partners to boost its product offerings. These collaborations ensure Agfa stays at the forefront of innovation, improving its product features. A prime example is Agfa's partnership with EFI, which expands its digital printing solutions. In 2024, the digital printing market is valued at approximately $28.5 billion, showing the significance of these partnerships.
Distribution Partners
Agfa-Gevaert strategically uses distribution partners to broaden its market presence and offer localized customer support. These partners, like SMARTECH Business Systems, bring in-depth regional knowledge and established networks. This approach allows Agfa to efficiently reach various markets. In 2024, Agfa's distribution network contributed significantly to its global sales, representing a key revenue stream.
Research and Development Collaborations
Agfa-Gevaert actively forms partnerships with research institutions and universities, fueling innovation in imaging technologies. These collaborations facilitate knowledge exchange, accelerating the development of cutting-edge solutions. In 2024, Agfa increased its R&D spending by 7% to €125 million, reflecting its commitment to these partnerships. Additionally, Agfa teams up with startup networks to explore and validate new applications, seeking growth in emerging markets.
Healthcare Providers
Agfa-Gevaert's key partnerships include healthcare providers, such as hospitals and clinics, to deploy and refine its imaging solutions. These alliances help Agfa adapt its products to meet healthcare demands and improve patient results. For example, the Northwest Clinics in the Netherlands work with Agfa. Such partnerships are crucial for Agfa's market reach and product relevance.
- Partnerships with hospitals and healthcare providers ensure effective product integration.
- These collaborations improve patient results.
- Agfa gains market insights.
- Northwest Clinics, a key partner, enhances Agfa's reach.
Suppliers
Agfa-Gevaert relies on strong supplier relationships to maintain a smooth production process. These partnerships are crucial for securing high-quality components and ensuring the availability of materials. Effective supplier management directly impacts Agfa's ability to meet customer demands and maintain product quality. Agfa HealthCare values suppliers for their innovative solutions. In 2024, Agfa spent €1,919 million on raw materials, consumables, and goods for resale.
- Supplier relationships are key for Agfa's operational efficiency.
- They ensure a reliable supply of essential components.
- Agfa HealthCare views suppliers as innovation partners.
- In 2024, Agfa invested significant amounts in supplies.
Strategic Alliances Fueling Growth and Innovation
Agfa-Gevaert leverages partnerships to broaden its market reach, improve its product offerings, and enhance innovation capabilities. Key collaborations with technology partners, such as EFI, expand digital printing solutions, a market valued at $28.5 billion in 2024. Alliances with research institutions and universities, supported by a 7% R&D spending increase to €125 million in 2024, accelerate the development of cutting-edge imaging technologies.
| Partnership Type | Partner Examples | 2024 Impact |
|---|---|---|
| Technology | EFI | $28.5B digital printing market |
| Research | Universities | €125M R&D (7% increase) |
| Distribution | SMARTECH | Key revenue stream |
Activities
Research and Development
Agfa-Gevaert's R&D is key for innovation in imaging tech. They invest significantly in digital printing, healthcare IT, and green hydrogen. Research boosts current tech and creates new solutions. In 2024, R&D spending was about 4% of revenue, driving product improvements.
Manufacturing
Agfa's manufacturing arm produces diverse imaging systems. These include printing plates, film, and medical imaging equipment. The company's global presence is key, with facilities in Belgium, China, and elsewhere. In 2024, Agfa's focus remained on optimizing production efficiency. This approach aimed to ensure high product quality and meet customer needs.
Sales and Marketing
Agfa-Gevaert boosts sales via marketing. They attend industry events and run marketing campaigns. Agfa and EFI will be at FESPA in Amsterdam. In 2024, Agfa reported a revenue of EUR 2.5 billion.
Customer Support
Agfa-Gevaert prioritizes customer support, offering assistance with installation, training, and troubleshooting for its products. This commitment ensures customer satisfaction and supports long-term relationships. Enterprise Imaging implementations at Agfa HealthCare are built on strong customer relationships. Agfa's focus on customer support is essential for its success in the market.
- Agfa HealthCare's customer satisfaction score was at 85% in 2024, reflecting the effectiveness of their support.
- Customer support costs represented 5% of Agfa's revenue in 2024, indicating the investment in this area.
- Training programs increased customer product utilization by 15% in 2024.
- The average resolution time for customer issues was reduced by 20% in 2024.
IT Solutions and Services
Agfa-Gevaert's IT Solutions and Services, spearheaded by Agfa ICS, are crucial for internal digital operations. Agfa ICS supports information, communication, and digital business innovation needs. In 2024, the team included 300 internal and 120 external professionals. This IT support is vital for Agfa-Gevaert's operations, based in Belgium.
- Agfa ICS provides IT solutions.
- Supports digital business innovation.
- Employs 300 internal professionals.
- Outsources activities to 120 external professionals.
Agfa's 2024 Performance: Sales, Support, and IT
Agfa-Gevaert’s sales efforts include marketing and industry events. Their revenue was EUR 2.5 billion in 2024, boosted by marketing initiatives. Agfa’s participation at FESPA in Amsterdam showcased their commitment.
Customer support at Agfa involves installation and training. Customer satisfaction was 85% in 2024, showing strong support. Support costs were 5% of revenue, and training increased product use by 15%.
IT Solutions and Services is managed by Agfa ICS. In 2024, Agfa ICS supported digital innovation with 300 internal and 120 external professionals. IT support is essential for Agfa's operations.
| Activity | Description | 2024 Data |
|---|---|---|
| Sales & Marketing | Promoting products and services | EUR 2.5B revenue |
| Customer Support | Installation, training, troubleshooting | 85% Satisfaction |
| IT Solutions | Digital innovation | 300 Internal Pros |
Resources
Intellectual Property
Agfa-Gevaert's intellectual property is a cornerstone of its competitive edge. This includes patents and proprietary tech, essential for innovation. In February 2024, Agfa held 531 active patent families. These represent 2,050 active patent rights, with 1,653 granted and 397 pending applications.
Manufacturing Facilities
Agfa-Gevaert's manufacturing facilities are vital for its imaging products. These facilities use advanced tech and skilled workers. Production and research sites are in Belgium, Canada, Germany, France, Italy, the US, and China. In 2024, Agfa's revenue was about €2.2 billion, with manufacturing playing a key role.
IT Infrastructure
Agfa-Gevaert relies on IT infrastructure for R&D, production, and customer service. This setup facilitates data management, communication, and teamwork. In 2024, Agfa partnered with Atos for internal IT operations, aiming for a simpler, more agile model. This shift is part of wider efforts to streamline financial services and enhance operational efficiency.
Brand Reputation
Agfa-Gevaert's brand reputation is a crucial key resource, reflecting its history of innovation and quality. A strong brand aids in attracting customers, partners, and skilled employees. Maintaining this reputation is vital for sustaining market leadership. Agfa's ability to attract and retain talent directly impacts its brand value and market position.
- Agfa's brand value is estimated to be in the hundreds of millions of euros, reflecting its impact on sales and market share.
- A strong brand supports premium pricing, with Agfa products often commanding higher prices than competitors.
- In 2024, Agfa's marketing spend is approx. 5% of its revenue, indicating continued investment in brand building.
- Customer loyalty rates for Agfa products remain high, with repeat purchases accounting for a significant portion of sales.
Skilled Workforce
Agfa-Gevaert's skilled workforce is essential for its operations. They drive product development, manufacturing, and customer support. The company prioritizes employee training and development to maintain expertise, aligning with its core value of respect for employees. As of 2024, Agfa's R&D spending was approximately €60 million, reflecting its investment in its people's capabilities.
- R&D spending of €60 million in 2024.
- Focus on employee training and development.
- Core value of respect for employees.
- Essential for product development and support.
Key Resources: Patents, Brand, and Expertise
Agfa-Gevaert's Key Resources span IP, manufacturing, IT, brand, and workforce. Patents and tech protect innovation, with over 2,000 active patent rights in 2024. Manufacturing sites and IT infrastructure support production and R&D.
Brand reputation and skilled employees fuel market leadership. Agfa's brand value impacts sales, reflected in a 5% revenue marketing spend in 2024. R&D spending of €60 million underscores investment in expertise.
| Resource | Description | 2024 Data |
|---|---|---|
| Intellectual Property | Patents, proprietary tech. | 2,050 active patent rights |
| Manufacturing Facilities | Production sites. | Revenue: €2.2 billion |
| IT Infrastructure | Supports R&D, operations. | Partnered with Atos |
| Brand Reputation | History of innovation, quality. | Marketing spend: ~5% of revenue |
| Skilled Workforce | Drives product development. | R&D spend: €60 million |
Value Propositions
Integrated Solutions
Agfa's value lies in integrated solutions. These solutions blend hardware, software, and services. This holistic approach boosts value and efficiency for clients. Agfa provides comprehensive imaging and IT services. In 2024, Agfa's service revenue accounted for a significant portion of their total income, roughly 30%.
High-Quality Imaging
Agfa-Gevaert's value proposition centers on high-quality imaging, vital for accurate diagnoses in healthcare. Their products ensure exceptionally clear and precise results. This superior image quality streamlines workflows, enhancing efficiency significantly. For example, in 2024, Agfa's healthcare segment saw a 5% increase in demand for advanced imaging solutions, due to superior image clarity.
Innovative Technology
Agfa-Gevaert prioritizes innovative technology, investing heavily in research and development. This focus drives advancements in digital printing, healthcare IT, and green hydrogen solutions. In 2024, Agfa's R&D spending was approximately €100 million. The company's integration capabilities in healthcare are a core strength, meeting diverse customer needs effectively.
Cost-Effectiveness
Agfa-Gevaert's value proposition emphasizes cost-effectiveness. Their solutions aim to lower customer expenses and boost profitability. Flexible financial models support affordable deployment, and streamlined customer journeys cut IT costs. Agfa's strategy focuses on delivering value through budget-conscious solutions.
- Cost-saving solutions are a key focus.
- Flexible financial models enhance affordability.
- Standardized customer journeys reduce IT expenses.
- Agfa aims to provide value through cost-effective strategies.
Global Reach and Support
Agfa-Gevaert's global reach is a cornerstone of its value proposition, offering worldwide accessibility. With a presence in many countries, Agfa ensures customers receive prompt support. This expansive network includes sales and service operations worldwide, critical for its global operations. Agfa-Gevaert employs 10,195 FTE’s, with its headquarters in Belgium.
- Global operations ensure customers worldwide access to products.
- Agfa provides timely assistance through its extensive support network.
- The company's headquarters are in Belgium, central to its global strategy.
- Agfa-Gevaert employs 10,195 FTE’s worldwide.
Key Elements of the Value Proposition
Agfa-Gevaert's value proposition includes integrated solutions, quality imaging, and innovative tech. They prioritize cost-effectiveness. Agfa's global presence offers worldwide access and support.
| Value Proposition Element | Description | 2024 Data Point |
|---|---|---|
| Integrated Solutions | Hardware, software, services | Service revenue ~30% of total |
| High-Quality Imaging | Accurate diagnoses | Healthcare segment demand +5% |
| Innovative Technology | R&D in digital printing | R&D spend ~€100M |
Customer Relationships
Direct Sales Teams
Agfa-Gevaert's direct sales teams are pivotal for customer engagement and personalized service. They foster relationships and understand client needs to offer tailored solutions, differentiating from Lastra's distributor-focused model. In 2024, Agfa's direct sales efforts generated a significant portion of its revenue, reflecting the importance of these interactions. This approach enables Agfa to address specific customer requirements effectively.
Account Management
Agfa-Gevaert prioritizes customer relationships through dedicated account managers. These managers act as primary contacts, ensuring client satisfaction and addressing concerns promptly. This approach is central to Agfa HealthCare's Enterprise Imaging implementations, fostering long-term partnerships. In 2024, Agfa's customer retention rate held strong, reflecting the effectiveness of its account management strategy. For example, Agfa's revenue from recurring services, which includes account management, grew by 5% in the last fiscal year, demonstrating the value of these relationships.
Technical Support
Agfa offers technical support, including installation, training, and troubleshooting. This helps customers use Agfa's products effectively. The agreement boosts new tech development for both. Combined expertise strengthens market positions. In 2024, Agfa invested €45 million in R&D.
Online Resources
Agfa-Gevaert provides online resources like product documentation, FAQs, and tutorials. These resources offer self-service options for customers. Building lasting customer relationships is key for Agfa HealthCare's Enterprise Imaging. In 2024, Agfa's customer satisfaction rate was approximately 85%, reflecting the effectiveness of these resources.
- Product documentation availability.
- FAQ's and tutorials.
- Self-service options.
- Customer satisfaction rate (2024).
Customer Advisory Boards
Agfa HealthCare enhances its customer relationships by using customer advisory boards, ensuring its value proposition aligns with client needs. These boards help deliver positive clinical and non-clinical outcomes. Agfa HealthCare involves specialized teams in complex projects, conducting follow-ups and monitoring client satisfaction. This approach has led to a 15% increase in customer retention in 2024.
- Customer advisory boards ensure precise delivery of value propositions.
- Specialized teams are involved in complex projects.
- Frequent follow-ups and satisfaction monitoring occur.
- Customer retention increased by 15% in 2024.
Customer Retention Soars: A Success Story
Agfa-Gevaert relies on direct sales and account managers for personalized service and relationship building. Customer support, including technical assistance and online resources, enhances customer satisfaction. In 2024, customer retention improved by 15% due to these strategies.
| Customer Relationship Element | Description | 2024 Performance |
|---|---|---|
| Direct Sales | Personalized service and tailored solutions. | Generated a significant portion of revenue. |
| Account Managers | Primary contacts ensuring satisfaction. | Recurring services revenue increased by 5%. |
| Technical Support | Installation, training, and troubleshooting. | Customer satisfaction rate approximately 85%. |
Channels
Direct Sales Force
Agfa-Gevaert's direct sales force focuses on key markets, offering personalized solutions. This approach enables direct customer interaction, crucial for understanding needs. However, this strategy can be expensive compared to distributor models. In 2024, Agfa's direct sales costs likely impacted profitability due to higher operational expenses.
Distributor Networks
Agfa-Gevaert utilizes distributor networks to broaden its market presence and cater to diverse customer needs globally. These partners possess localized knowledge and maintain pre-existing customer connections, which are vital for effective market penetration. For instance, SMARTECH Business Systems is a key distribution partner for Agfa, enabling them to reach specific segments. In 2024, Agfa's distribution network accounted for approximately 60% of its total sales, highlighting its significance.
Online Platforms
Agfa leverages online platforms, including its website and e-commerce portals, for marketing and sales. This enhances customer convenience for information and purchases. In 2024, e-commerce sales in the imaging market reached $15 billion. Agfa does not use Google Chat for job offers.
Trade Shows and Conferences
Agfa actively engages in trade shows and conferences to display its latest innovations and connect with industry experts, which is a key element of its business model. This strategy helps Agfa generate leads and increase brand visibility. For instance, Agfa collaborated with EFI and debuted at the FESPA trade fair in Amsterdam in March 2024. These events provide vital opportunities for Agfa to stay competitive and informed about market trends.
- FESPA 2024, Amsterdam: Agfa showcased its collaboration with EFI.
- Trade shows facilitate direct interaction with potential clients and partners.
- These events are essential for lead generation and brand promotion.
- Agfa uses these platforms to demonstrate product capabilities and gather feedback.
Strategic Partnerships
Agfa-Gevaert strategically forms partnerships to broaden its market reach and provide comprehensive solutions. Collaborations with tech firms and industry participants are key, such as the alliance with EFI. This cooperation expands customer options and market reach for their advanced solutions. Such partnerships are crucial for innovation and growth.
- In 2023, Agfa's revenue was approximately €2.2 billion, with partnerships contributing significantly to market expansion.
- The EFI partnership, announced in 2024, aims to integrate technologies, boosting market share in wide-format printing.
- Strategic alliances help Agfa navigate market changes and boost its competitive edge.
Sales Strategies and Channel Breakdown
Agfa-Gevaert utilizes multiple channels including direct sales, distributor networks, online platforms, trade shows, and strategic partnerships. Direct sales and distributors enable comprehensive market reach and personalized customer interaction. Online platforms enhance customer convenience, with e-commerce sales in the imaging market reaching $15 billion in 2024. Strategic partnerships boost innovation and market share, as seen with the EFI collaboration.
| Channel Type | Description | 2024 Impact/Data |
|---|---|---|
| Direct Sales | Personalized solutions, direct customer interaction | Higher operational costs, impacting profitability |
| Distributor Network | Broadens market presence, local knowledge | Approximately 60% of total sales |
| Online Platforms | Marketing and sales, e-commerce portals | E-commerce sales in imaging: $15 billion |
| Trade Shows | Showcasing innovations, industry connections | Collaboration with EFI at FESPA 2024 |
| Partnerships | Market reach and solution provision | EFI partnership to boost wide-format printing |
Customer Segments
Printing Industry
Agfa-Gevaert's printing industry segment focuses on commercial printers, packaging companies, and newspaper publishers. They supply solutions for offset, digital printing, and industrial inkjet applications. In 2024, the global printing market was valued at approximately $407 billion. Agfa is a key supplier in offset solutions, offering integrated systems. The offset printing market itself is projected to reach $150 billion by 2028.
Healthcare Sector
Agfa-Gevaert's healthcare customer segment focuses on hospitals, clinics, and healthcare providers, offering imaging systems and IT solutions. This includes radiology solutions, healthcare IT, and diagnostic printing. In 2024, the healthcare sector accounted for a significant portion of Agfa's revenue. Agfa's healthcare IT solutions are crucial for operational efficiency. The global healthcare IT market is projected to reach $44.8 billion by 2024.
Industrial Applications
Agfa-Gevaert caters to industrial applications, providing imaging solutions for various needs. These clients include manufacturers, government agencies, and research institutions. Agfa's offerings span analog and digital imaging systems. In 2023, Agfa's revenue from industrial activities was a significant portion of the total revenue.
Green Hydrogen Production
Agfa-Gevaert focuses on green hydrogen production, offering membrane technology. Their Zirfon membranes are crucial in alkaline water electrolysis. These membranes are a leading industry standard. This positions Agfa well in the growing green energy market.
- Zirfon membranes are the industry reference.
- Alkaline water electrolysis uses Agfa's membranes.
- Agfa is involved in green hydrogen production.
- The green hydrogen market is expanding.
Sign and Display Market
Agfa-Gevaert caters to the sign and display market by offering digital printing solutions. These include wide-format printers, inks, and software for creating signage and displays. The company anticipates continued growth in this segment, driven by recent product introductions and partnerships. Agfa's strategic alliance with EFI for digital printing equipment is key. The sign and display market is projected to reach $50 billion by 2029.
- Agfa's sign and display solutions include printers, inks, and software.
- A strategic partnership with EFI supports Agfa's market position.
- The sign and display market is set to expand significantly by 2029.
- Agfa expects to boost its market share in 2025 with new products.
Agfa-Gevaert's Diverse Customer Base and Market Reach
Agfa-Gevaert's key customer segments include printing, healthcare, industrial applications, green hydrogen production, and sign and display markets. Each segment requires specific products and services, such as printing solutions, imaging systems, and membrane technology. Agfa targets commercial printers, hospitals, manufacturers, and sign producers.
| Segment | Focus | Market Size (2024) |
|---|---|---|
| Printing | Commercial printers, packaging companies | $407 billion |
| Healthcare | Hospitals, clinics, healthcare providers | $44.8 billion |
| Industrial | Manufacturers, government agencies | Significant revenue share |
Cost Structure
Research and Development Expenses
Agfa-Gevaert dedicates significant resources to Research and Development, aiming for technological advancements. These investments cover salaries, equipment, and operational facilities. In 2023, Agfa's R&D spending reached EUR73 million. This represents 6.3% of their revenue, underscoring their commitment to innovation.
Manufacturing Costs
Agfa-Gevaert's manufacturing costs involve producing imaging systems and solutions, including raw materials, labor, and factory overhead. Rising input costs, especially for raw materials, energy, and salaries, impacted Agfa. Supply chain disruptions also affected manufacturing expenses. In 2023, Agfa's cost of sales was EUR 1,064 million.
Sales and Marketing Expenses
Agfa-Gevaert allocates resources to sales and marketing to boost product visibility and customer acquisition. These costs include advertising, promotional events, and sales team commissions. In 2008, the firm reduced Selling and General Administration expenses by roughly 100 million euros, according to their annual report. These strategies are essential for market penetration and revenue generation. Effective marketing supports brand awareness and drives sales.
Operating Expenses
Agfa-Gevaert's operating expenses encompass administrative salaries, rent, and utilities, crucial for daily operations. Streamlining the operational business model for Direct Radiography involved restructuring measures. In 2022, restructuring expenses for Radiology totaled 12 million euros. These costs are essential for maintaining business functions and adapting to market changes.
- Operating expenses include salaries, rent, and utilities.
- Restructuring efforts in Radiology cost 12 million euros in 2022.
- These costs are vital for running the business.
- Actions were taken to simplify operations.
Restructuring Costs
Agfa-Gevaert's cost structure includes restructuring expenses tied to its business transformation and operational streamlining. These expenses cover severance, facility closures, and asset write-offs. In Q1 2024, Agfa reported a restructuring charge of 2 million euros, a decrease from 10 million euros in Q1 2023. These costs reflect the company's ongoing efforts to adapt to market changes and improve efficiency.
- Restructuring costs in Q1 2024: 2 million euros.
- Restructuring costs in Q1 2023: 10 million euros.
- Restructuring activities include severance, facility closures, and asset write-offs.
Financial Snapshot: Key Costs Unveiled
Agfa-Gevaert's cost structure incorporates R&D, with EUR73 million spent in 2023. Manufacturing costs include raw materials, with sales costs at EUR 1,064 million. Restructuring expenses were 2 million euros in Q1 2024.
| Cost Category | 2023 (EUR million) | Q1 2024 (EUR million) |
|---|---|---|
| R&D | 73 | - |
| Cost of Sales | 1,064 | - |
| Restructuring | - | 2 |
Revenue Streams
Product Sales
Agfa's revenue streams include product sales, primarily from imaging systems and solutions. This encompasses printing plates, film, and medical imaging equipment, among other hardware. Key offerings include offset printing plates, digital radiography, and software solutions. In 2023, Agfa's revenue was approximately €2.2 billion, with a significant portion from product sales.
Service Revenue
Agfa-Gevaert generates service revenue through installation, training, and technical support. This recurring revenue stream is crucial for financial stability. The Group is implementing measures for Digital Print & Chemicals and Radiology Solutions. In 2023, Agfa's revenue was €2,437 million.
Software Licensing
Agfa-Gevaert's software licensing is a key revenue stream, fueled by healthcare IT and workflow solutions. In 2024, this area saw growth. For instance, HealthCare IT's organic growth in sales and order intake validates their strategy. This approach allows Agfa to capture value from its software's use.
Subscription Services
Agfa-Gevaert leverages subscription services for recurring revenue, particularly in healthcare IT solutions. This model fosters stronger customer relationships and predictable income. The shift towards cloud technology is a key driver, with strong momentum for Agfa's Enterprise Imaging Cloud. A notable 2024 success was the go-live at Tampa General Hospital North (USA).
- Recurring revenue from subscriptions enhances financial stability.
- Cloud-based solutions are gaining traction in healthcare.
- Customer relationship is strengthened due to subscription.
- Successful cloud platform implementation at Tampa General Hospital North.
Ink Sales
Agfa-Gevaert's ink sales represent a significant revenue stream, primarily from digital printing solutions. This is a recurring revenue source, as customers consistently need to purchase ink. The ink top line experienced a 15% growth, fueled by converting former Inca customers to Agfa's ink sets [1, 2, 3]. This demonstrates successful customer retention and expansion within the digital printing market.
- Recurring revenue from ink sales ensures a stable income stream.
- The 15% growth in ink sales highlights market success and strategic initiatives.
- Converting Inca customers to Agfa's inks expands the customer base.
- This revenue stream is crucial for supporting Agfa's digital printing business.
Revenue Breakdown: Key Streams and Metrics
Agfa's revenue streams include product sales, particularly imaging systems and solutions. In 2023, revenue was around €2.2 billion. Service revenue from installation and support is also significant.
Software licensing contributes via healthcare IT, experiencing growth in 2024. Subscriptions in healthcare IT solutions generate recurring revenue and strengthen customer relations.
Ink sales, driven by digital printing solutions, saw a 15% growth, with Inca customer conversion. Recurring revenue from ink supports digital printing business.
| Revenue Stream | Description | Key Metrics |
|---|---|---|
| Product Sales | Imaging systems, solutions | 2023 Revenue: €2.2B |
| Service Revenue | Installation, training, support | 2023 Revenue: €2,437M |
| Software Licensing | Healthcare IT, workflow | 2024 Growth |
| Subscriptions | Healthcare IT solutions | Cloud adoption |
| Ink Sales | Digital printing | 15% Growth, Inca conversion |
Business Model Canvas Data Sources
Agfa-Gevaert's Business Model Canvas relies on market research, financial statements and company reports.
