Leading
Chinese medical devices maker Mindray Medical International Limited (MR -
Analyst Report) will unveil a new ultrasound system at the ongoing Radiology
Society of North America (“RSNA”) annual meet in Chicago. The new system dubbed
DC-T6 is a high performance imaging platform with a user-friendly, compact
mobile design.
The affordable DC-T6 sports a high-resolution,
15-inch TFT monitor and a swivel and height-adjustable control panel. It also
features iPower, an embedded battery, which offers up to two hours of
interruptible scanning when power is not available. Among other special
features, DC-T6 offers a real-time 4D and panoramic imaging.
Besides DC-T6, Mindray will also showcase
significant enhancements for its M7 and DC-7 ultrasound platforms at the RSNA
meet. The company will unveil new upgrades to the DC-7 system including an
iPage 3D volume data series, a 3D/4D spatial-cutting tool and a new transducer.
For M7, the enhancements include iNeedle, a
new needle detection technology for interventional and vascular access
procedures. Moreover, Mindray will feature the iZoom software which enables
more accurate and clear visualization of patient anatomy from a distance.
The high-end segment of the ultrasound
business is growing at a brisk pace as more and more healthcare providers
acquire sophisticated capability but in compact and portable form.
Mindray is a bellwether in the Chinese MedTech
industry with a solid international presence. The company maintains a decent
product pipeline and brings out several new products every year.
Mindray remains committed to providing
clinicians with the latest technology that enhances patient care. The company’s
state-of-the-art ultrasound systems are enjoying healthy traction in North
America.
Besides China, Mindray operates in North
America, Europe and other Asian countries. The company competes with global
devices manufacturers such as General Electric (GE - Analyst Report), Philips
(PHG - Analyst Report) and Siemens (SI - Analyst Report). We currently have a
long-term Neutral rating on Mindray. The stock currently retains a Zacks #3
Rank, which translates into a short-term Hold recommendation.
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