Sectra AB - Company Profile
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Business Description
Sectra AB (Sectra) develops high-technology systems and products to expand its operations in various niche segments.
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R&D Overview
The company’s research and development (R&D) focuses on developing new standard products to meet the diverse needs of its customers. The R&D focus area includes medical image science and visualization, analytic imaging diagnostic including AI for medical imaging diagnostics and orthopedics. The company holds patents for 25 product families worldwide as of FY2023. The company incurred R&D expenses worth SEK269.8 million in FY2023 out of which 10-15% was reinvested in the business each year.
Business Segments
Overview
Undertakes projects that contribute to the betterment of treatment options for diseases that commonly occur in the elderly population. - Through this segment, Sectra evaluates and promotes opportunities to commercialize new technologies and segments in the company’s related business areas. - Major customers for this segment include mammography and orthopaedic clinics, and medical universities.
Performance
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Overview
Imaging IT Solutions is the major business of Sectra and the company operates it through its subsidiary, Sectra Imaging IT Solutions AB. - It focuses on the development and sale of IT systems, services, and medical equipment in 30 countries in Europe and North America, besides Australia, New Zealand, Russia, Japan, the Middle East, and South East Asia. – The IT solutions segment, the largest product category in the segment, facilitates the processing and archiving of radiology images and patient monitoring. - The company offers services such as maintenance, support, consulting, integration, design, data migration, business development, and training. The major customers for the company’s Imaging IT Solutions segment include hospitals and private clinic chains that offer medical imaging services.
Performance
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Overview
The Other Operations segment of the company provides internal services such as asset management and rights to trademarks, patents and other intellectual property. It also strives to provide financing of customer projects.
Performance
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Overview
It develops and sells encryption products for secure voice and data communications. Its customers include government authorities and defense departments with strict demands on communication security. - The company has expertise in encryption and it is the leading supplier of encryption products to the Swedish Defense Forces. - Sectra’s Tiger products are used by customers in over 17 European Union member countries, based on which Sectra emerged as the leading supplier of secure voice communications to European governments and defense organizations with the highest security standards.
Performance
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Geographical Segments
Performance
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Performance
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Performance
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Performance
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Performance
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Performance
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