Varex Imaging Corp - Company Profile

Powered by

All the data and insights you need on Varex Imaging Corp in one report.

  • Save hours of research time and resources with
    our up-to-date Varex Imaging Corp Strategy Report

  • Understand Varex Imaging Corp position in the market,
    performance and strategic initiatives.

  • Gain competitive edge and increase your
    chances of success

Back to companies

Varex Imaging Corp: Segment Analysis

Business Description

Varex Imaging Corp (Varex) is a provider of medical X-ray tubes and image processing solutions. The company's major products include X-ray tubes, digital flat panel detectors, X-ray collimators, ionization chambers, linear accelerators, mammography paddles, image software processing solutions, solid-state automatic exposure control systems, and high-voltage connectors.

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.

R&D Overview

R&D activities focus on the development and improvement of imaging component technology in both the medical and industrial X-ray imaging markets. Its X-ray source development areas include enhancements to tube life and tube stability, smaller footprint linear accelerators, reduction of tube noise and tube designs and improve image resolution. The company spent US$84.8 million on its R&D activities in FY2023, which as a percentage of revenue stood at 9.5%, and grew 10.1% YoY. It has R&D facilities in Salt Lake City, Utah; Las Vegas, Nevada; Liverpool, New York; San Jose, California; Franklin Park, Illinois; the Netherlands; the UK; Finland; Sweden; and Germany. As of September 2023, the company had a patent portfolio of approximately 250 patents issued in the US and approximately 380 patents issued across the rest of the world. The company had around 150 patent applications pending with various patent agencies worldwide.

Business Segments

Overview

Designs, manufactures, sells, and services X-ray imaging products for various applications such as cargo screening at ports and borders; baggage screening at airports; and inspection of manufacturing defects and product integrity in oil and gas, aerospace, automotive, metal castings, food packaging and 3D printing industries. It serves OEM customers, system integrators, and manufacturers. Key products include Linatron (X-ray linear accelerators), high voltage connections, digital detectors, industrial flat panel detectors, X-ray tubes, linear accelerators, and security detector arrays.

Performance

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.

Overview

Designs, manufactures, sells and service X-ray imaging components for various radiographic or fluoroscopic imaging applications, including mammography, computed tomography (CT), oncology, cardiac, surgery, dental and computer-aided detection. Major products include X-ray tubes, high voltage connectors, digital detectors, image-processing software and workstations, computer-aided diagnostic software, automatic exposure control devices, collimators, heat exchangers, generators, ionization chambers and buckys. Views acquisitions and product innovation as critical growth drivers for the segment.

Performance

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.

Subscribe for access to business segment analysis Subscribe for access to business segment analysis Find out more



Geographical Segments

Target Markets

Latin America and North America

Performance

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.

Target Markets

Asia and Australia

Performance

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.

Target Markets

Russia, Europe, the Middle East, India and Africa

Performance

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.

Gain a 360-degree view of Varex Imaging Corp and make more informed decisions for your business Gain a 360-degree view of Varex Imaging Corp and make more informed decisions for your business Find out more
Still looking?

Have you found what you were looking for? From start-ups to market leaders, uncover what they do and how they do it.

Explorer

Access more premium companies when you subscribe to Explorer

Start of HubSpot Embed Code End of HubSpot Embed Code