COMPANY·HISTORIES
SIC 3845

Electromedical Equipment

How the companies in this industry began, and the forces that shaped them.

30companies1882–1995founding years28still active2no longer operating
§ 01

The industry over time

Companies foundedEconomyTechnologyEnvironmentHistory
FoundedMallinckrodt Group Inc.FoundedMallinckrodt Group Inc.
1882
1903
TechnologyThe Wright brothers achieve powered flight.
1914
EconomyWorld War I begins; global trade reorders.
1929
EconomyThe stock market crashes; the Great Depression spreads worldwide.
FoundedBaxter International Inc.
1931
1939
EconomyWorld War II begins; wartime production surges.
FoundedOEC Medical Systems, Inc.
1942
1945
EconomyThe war ends; a long global expansion begins.
1947
TechnologyThe transistor is invented.
FoundedPhysio-Control International Corp.FoundedPhysio-Control International Corp.
1955
FoundedThermo Electron Corporation
1956
FoundedCircon Corporation
1957
1958
TechnologyThe integrated circuit is demonstrated.
1962
EnvironmentSilent Spring launches the modern environmental movement.
FoundedAnalogic Corporation
1964
FoundedMarquette Electronics, Inc.FoundedMarquette Electronics, Inc.
1965
FoundedAdvanced Technology Laboratories, Inc.FoundedElscint Ltd.
1969
1971
EconomyThe dollar leaves the gold standard; currencies float.
1973
EconomyThe OPEC oil embargo triggers a global shock.
1975
TechnologyThe personal-computer era begins.
FoundedEmpi, Inc.FoundedEmpi, Inc.
1977
1979
EconomyA second oil crisis drives inflation higher worldwide.
FoundedMaxxim Medical Inc.
1981
TechnologyThe IBM PC launches and sets a standard.
1984
TechnologyApple ships the Macintosh; the GUI era begins.
1987
EconomyBlack Monday: markets fall sharply around the world.
1989
HistoryThe Berlin Wall falls; global markets open up.
FoundedPalomar Medical Technologies, Inc.
1991
TechnologyThe World Wide Web is released to the public.
1993
TechnologyThe Mosaic browser brings the web to everyone.
FoundedMatria Healthcare, Inc.
1995
TechnologyWindows 95 launches; the internet goes mainstream.
1997
EconomyThe Asian financial crisis rattles global markets.
EnvironmentThe Kyoto Protocol sets the first climate targets.
2000
EconomyThe dot-com bubble bursts.
2004
TechnologySocial media and Web 2.0 take hold.
2007
TechnologyThe iPhone launches the smartphone era.
2008
EconomyThe global financial crisis freezes credit worldwide.
2010
TechnologyCloud computing goes mainstream for business.
2015
EnvironmentThe Paris Agreement sets global climate targets.
2020
EconomyThe COVID-19 pandemic upends the global economy.
2022
EconomyInflation spikes; central banks raise rates sharply.
2023
TechnologyGenerative AI reaches mainstream business use.
§ 02

The companies

Dynatech Corporation →
Active
Dynatech Corporation is one of the world's leading suppliers of products that support voice, video, and data…
Dynatech Corporation →
Active
Dynatech Corporation is one of the world's leading suppliers of products that support voice, video, and data…
Mallinckrodt Group Inc. →
Active · founded 1882
Mallinckrodt Group Inc.
Mallinckrodt Group Inc. →
Active · founded 1882
Mallinckrodt Group Inc.
Baxter International Inc. →
Active · founded 1931
Baxter International Inc.
Baxter International Inc. →
Active · founded 1931
Baxter International Inc.
OEC Medical Systems, Inc. →
Active · founded 1942
OEC Medical Systems, Inc.
OEC Medical Systems, Inc. →
Active · founded 1942
OEC Medical Systems, Inc.
Physio-Control International Corp. →
Active · founded 1955
Physio-Control International Corp.
Physio-Control International Corp. →
Active · founded 1955
Physio-Control International Corp.
Thermo Electron Corporation →
Active · founded 1956
Thermo Electron Corporation is a leading innovator in the practical application of heat science and energy conversion…
Thermo Electron Corporation →
Active · founded 1956
Thermo Electron Corporation is a leading innovator in the practical application of heat science and energy conversion…
Circon Corporation →
Active · founded 1957
Circon Corporation is the largest producer of laparoscopic scopes, medical video systems, and endoscopic suction…
Circon Corporation →
Active · founded 1957
Circon Corporation is the largest producer of laparoscopic scopes, medical video systems, and endoscopic suction…
Analogic Corporation →
Active · founded 1964
Analogic Corporation is a leading custom designer, manufacturer, and seller of sophisticated precision instruments for…
Analogic Corporation →
Active · founded 1964
Analogic Corporation is a leading custom designer, manufacturer, and seller of sophisticated precision instruments for…
Marquette Electronics, Inc. →
Active · founded 1965
Founded in 1965, Marquette Electronics, Inc., has grown in harmony with the rise of computer technology to become a…
Marquette Electronics, Inc. →
Active · founded 1965
Founded in 1965, Marquette Electronics, Inc., has grown in harmony with the rise of computer technology to become a…
Advanced Technology Laboratories, Inc. →
Active · founded 1969
Advanced Technology Laboratories, Inc., (ATL) is one of the leading diagnostic ultrasound imaging companies in the…
Advanced Technology Laboratories, Inc. →
Active · founded 1969
Advanced Technology Laboratories, Inc., (ATL) is one of the leading diagnostic ultrasound imaging companies in the…
Elscint Ltd. →
Defunct · founded 1969 · Israel
Haifa-based Elscint Ltd.
Elscint Ltd. →
Defunct · founded 1969 · Israel
Haifa-based Elscint Ltd.
Empi, Inc. →
Active · founded 1977
Empi, Inc., one of the United States' largest medical device companies in rehabilitative therapy, develops, markets,…
Empi, Inc. →
Active · founded 1977
Empi, Inc., one of the United States' largest medical device companies in rehabilitative therapy, develops, markets,…
Maxxim Medical Inc. →
Active · founded 1981
Maxxim Medical Inc.
Maxxim Medical Inc. →
Active · founded 1981
Maxxim Medical Inc.
Palomar Medical Technologies, Inc. →
Active · founded 1991
Palomar Medical Technologies, Inc., an international cosmetic laser company, is one of the most promising firms in the…
Palomar Medical Technologies, Inc. →
Active · founded 1991
Palomar Medical Technologies, Inc., an international cosmetic laser company, is one of the most promising firms in the…
Matria Healthcare, Inc. →
Active · founded 1995
As the leading provider of high-risk, home health care obstetrical services in the United States, Matria Healthcare,…
Matria Healthcare, Inc. →
Active · founded 1995
As the leading provider of high-risk, home health care obstetrical services in the United States, Matria Healthcare,…
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