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Iridex's Business Segments
Iridex's reported revenue by business segment and by geographic region, quarterly and annual, normalized against the consolidated income statement. Free below: the top 3 rows per table, this quarter and this fiscal year. Subscriber access adds the full segment history and operating income by segment.
Segment Data As of FY
Reportable Segments
5
Largest Segment
Retina
Total Revenue
$ 13
Regions Reported
3
Revenue Share by Reportable Segment - FY
- Retina98%
- US87.5%
- Cyclo G Six60.2%
- Cyclo G635.7%
- Service Contract Revenues Distribution Rights2.2%
Revenue by Reportable Segment - FY
| Segment | Revenue (Millions) | % of Total |
|---|---|---|
| Retina | $ 12 | 98% |
| US | $ 11 | 87.5% |
| Cyclo G Six | $ 8 | 60.2% |
Revenue Share by Region - FY
- Europe Middle East and Africa27.5%
- Asia Pacific27.1%
- Americas Excluding US4.6%
Revenue by Geographic Region - FY
| Region | Revenue (Millions) | % of Total |
|---|---|---|
| Europe Middle East and Africa | $ 3 | 27.5% |
| Asia Pacific | $ 3 | 27.1% |
| Americas Excluding US | $ 1 | 4.6% |
Revenue by Product & Service Category - FY
- Retina51.6%
- Cyclo G Six31.2%
- Product and Service Other17.2%
- Service2.4%
Revenue by Product & Service Category - FY
| Category | Revenue (Millions) | % of Total |
|---|---|---|
| Retina | $ 6 | 51.6% |
| Cyclo G Six | $ 4 | 31.2% |
| Product and Service Other | $ 2 | 17.2% |
Product and service categories are a supplemental disclosure and are not required to sum to consolidated revenue or to the reportable segments above.
1 more categories available
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Annual Results
Revenue Share by Reportable Segment - FY
- Retina98%
- US87.5%
- Cyclo G Six60.2%
- Cyclo G635.7%
- Service Contract Revenues Distribution Rights2.2%
Revenue by Reportable Segment - FY
| Segment | Revenue (Millions) | % of Total |
|---|---|---|
| Retina | $ 12 | 98% |
| US | $ 11 | 87.5% |
| Cyclo G Six | $ 8 | 60.2% |
2 more segments available
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Description of Iridex
Iridex Corp is a medical technology company that specializes in the development, manufacture, and marketing of laser-based medical devices for a wide range of ophthalmic and aesthetic applications. The company was founded in 1989 and is headquartered in Mountain View, California.
Iridex Corp primarily focuses on producing laser systems that are used by ophthalmologists for the treatment of retinal diseases and glaucoma. These laser systems utilize advanced laser technology to precisely target and treat specific areas of the retina, helping to preserve or improve the patient's vision. One of their flagship products is the Cyclo G6 laser system, which is designed for use in the treatment of glaucoma. It provides effective glaucoma treatment options with minimal downtime for patients.
Apart from ophthalmology, Iridex Corp also provides laser systems for dermatologists and plastic surgeons for various aesthetic applications. Their laser systems allow clinicians to perform non-invasive or minimally invasive procedures for skin rejuvenation, hair removal, vascular lesions, and pigmented lesions. The company's platforms, such as the DioLite laser system, offer precise control and versatility to ensure optimal outcomes for both patients and practitioners.
In addition to their laser systems, Iridex Corp offers a comprehensive range of consumables and accessories that complement their devices. These include disposable laser probes, surgical instruments, and anesthesia products, which are essential for the safe and efficient use of their laser systems.
Iridex Corp is committed to innovation and invests significantly in research and development to advance their technology and expand their product portfolio. They work closely with leading physicians and institutions to gather feedback and insights, ensuring that their solutions meet the evolving needs of the healthcare industry.
The company has a global presence and distributes its products through a combination of direct sales, third-party distributors, and medical equipment suppliers. Their customer base includes hospitals, clinics, and independent healthcare professionals worldwide.
Iridex Corp places a strong emphasis on customer support and provides comprehensive training programs to ensure healthcare professionals are proficient in using their laser systems. They also offer technical support and maintenance services to ensure the continued reliable performance of their devices.
Overall, Iridex Corp is a well-established medical technology company that stands at the forefront of laser-based medical devices. With a focus on ophthalmology and aesthetics, they strive to provide innovative solutions that enable clinicians to deliver better patient outcomes.
Iridex Corp primarily focuses on producing laser systems that are used by ophthalmologists for the treatment of retinal diseases and glaucoma. These laser systems utilize advanced laser technology to precisely target and treat specific areas of the retina, helping to preserve or improve the patient's vision. One of their flagship products is the Cyclo G6 laser system, which is designed for use in the treatment of glaucoma. It provides effective glaucoma treatment options with minimal downtime for patients.
Apart from ophthalmology, Iridex Corp also provides laser systems for dermatologists and plastic surgeons for various aesthetic applications. Their laser systems allow clinicians to perform non-invasive or minimally invasive procedures for skin rejuvenation, hair removal, vascular lesions, and pigmented lesions. The company's platforms, such as the DioLite laser system, offer precise control and versatility to ensure optimal outcomes for both patients and practitioners.
In addition to their laser systems, Iridex Corp offers a comprehensive range of consumables and accessories that complement their devices. These include disposable laser probes, surgical instruments, and anesthesia products, which are essential for the safe and efficient use of their laser systems.
Iridex Corp is committed to innovation and invests significantly in research and development to advance their technology and expand their product portfolio. They work closely with leading physicians and institutions to gather feedback and insights, ensuring that their solutions meet the evolving needs of the healthcare industry.
The company has a global presence and distributes its products through a combination of direct sales, third-party distributors, and medical equipment suppliers. Their customer base includes hospitals, clinics, and independent healthcare professionals worldwide.
Iridex Corp places a strong emphasis on customer support and provides comprehensive training programs to ensure healthcare professionals are proficient in using their laser systems. They also offer technical support and maintenance services to ensure the continued reliable performance of their devices.
Overall, Iridex Corp is a well-established medical technology company that stands at the forefront of laser-based medical devices. With a focus on ophthalmology and aesthetics, they strive to provide innovative solutions that enable clinicians to deliver better patient outcomes.
Iridex Corporation is a medical technology company primarily focused on the development and marketing of innovative products and services for the treatment of ocular diseases. Established in the field of ophthalmology, Iridex specializes in laser-based treatment systems and associated consumables. Below is a detailed overview of the companys segments, products, and services.
Segments
1. Ophthalmology: This is the core segment of Iridex focusing on managing various ocular conditions, particularly in the area of glaucoma and retinal diseases. The product offerings in this segment include laser systems that utilize advanced technology for different treatments.
2. ENT (Ear, Nose, and Throat): Although not the primary focus, Iridex also develops products that utilize its laser technologies for ENT applications. This includes treatments for conditions affecting the nasal passages and throat.
3. Aesthetics: This segment encompasses products designed for cosmetic applications, including laser systems for skin rejuvenation and other aesthetic treatments.
Products
1. Laser Systems:
- Green Laser Systems: Iridex provides green laser systems that are significant for treating a variety of retinal disorders and glaucoma. These systems are known for their effectiveness in procedures such as laser photocoagulation.
- Diode Laser Systems: The company offers a range of diode laser systems, known for their versatility and efficacy in treating various conditions, including retinal and glaucoma treatments.
2. Consumables:
- Laser Fiber Optics: Iridex produces a range of laser fiber optics, which are essential for the delivery of laser energy during surgical procedures. These fibers are compatible with multiple laser systems and are crucial in ensuring optimal treatment outcomes.
- Consumable Kits: Specialized kits containing the necessary materials and equipment for specific procedures, ensuring that healthcare providers have everything they need for effective treatments.
3. Accessories:
- Treatment Probes and Delivery Systems: These accessories aid in the precision and efficiency of laser treatments, ensuring that the laser energy is accurately delivered to the targeted tissue.
- Footswitches and Other Control Devices: Innovative control devices that enhance the usability of Iridex laser systems, providing healthcare professionals with improved operational control during procedures.
Services
1. Training and Support: Iridex emphasizes the importance of thorough training for healthcare professionals using their equipment. The company offers extensive training programs to ensure that practitioners can effectively use their technologies in clinical settings.
2. Technical Support and Maintenance: Iridex provides long-term support services for their laser systems, including maintenance and troubleshooting, ensuring that customers can rely on their equipment for consistent performance.
3. Clinical Support: The company often collaborates with clinics and healthcare providers to offer clinical insights and assistance in optimizing treatment protocols using Iridex products. This includes providing clinical updates on the latest in laser technologies and methodologies.
4. Research and Development Services: As part of its commitment to innovation, Iridex invests in R&D to continue enhancing its product offerings. The company actively engages in exploring new applications for its laser technologies and expanding its market reach through ongoing development efforts.
Conclusion
Iridex Corporation is a critical player in the medical technology industry, specializing in advanced laser systems and associated consumables targeted primarily at ophthalmology but also extending to other medical segments like ENT and aesthetics. Their comprehensive range of products and services not only supports healthcare professionals in performing procedures more effectively but also aims to improve patient outcomes through innovative treatments and technologies.
Segments
1. Ophthalmology: This is the core segment of Iridex focusing on managing various ocular conditions, particularly in the area of glaucoma and retinal diseases. The product offerings in this segment include laser systems that utilize advanced technology for different treatments.
2. ENT (Ear, Nose, and Throat): Although not the primary focus, Iridex also develops products that utilize its laser technologies for ENT applications. This includes treatments for conditions affecting the nasal passages and throat.
3. Aesthetics: This segment encompasses products designed for cosmetic applications, including laser systems for skin rejuvenation and other aesthetic treatments.
Products
1. Laser Systems:
- Green Laser Systems: Iridex provides green laser systems that are significant for treating a variety of retinal disorders and glaucoma. These systems are known for their effectiveness in procedures such as laser photocoagulation.
- Diode Laser Systems: The company offers a range of diode laser systems, known for their versatility and efficacy in treating various conditions, including retinal and glaucoma treatments.
2. Consumables:
- Laser Fiber Optics: Iridex produces a range of laser fiber optics, which are essential for the delivery of laser energy during surgical procedures. These fibers are compatible with multiple laser systems and are crucial in ensuring optimal treatment outcomes.
- Consumable Kits: Specialized kits containing the necessary materials and equipment for specific procedures, ensuring that healthcare providers have everything they need for effective treatments.
3. Accessories:
- Treatment Probes and Delivery Systems: These accessories aid in the precision and efficiency of laser treatments, ensuring that the laser energy is accurately delivered to the targeted tissue.
- Footswitches and Other Control Devices: Innovative control devices that enhance the usability of Iridex laser systems, providing healthcare professionals with improved operational control during procedures.
Services
1. Training and Support: Iridex emphasizes the importance of thorough training for healthcare professionals using their equipment. The company offers extensive training programs to ensure that practitioners can effectively use their technologies in clinical settings.
2. Technical Support and Maintenance: Iridex provides long-term support services for their laser systems, including maintenance and troubleshooting, ensuring that customers can rely on their equipment for consistent performance.
3. Clinical Support: The company often collaborates with clinics and healthcare providers to offer clinical insights and assistance in optimizing treatment protocols using Iridex products. This includes providing clinical updates on the latest in laser technologies and methodologies.
4. Research and Development Services: As part of its commitment to innovation, Iridex invests in R&D to continue enhancing its product offerings. The company actively engages in exploring new applications for its laser technologies and expanding its market reach through ongoing development efforts.
Conclusion
Iridex Corporation is a critical player in the medical technology industry, specializing in advanced laser systems and associated consumables targeted primarily at ophthalmology but also extending to other medical segments like ENT and aesthetics. Their comprehensive range of products and services not only supports healthcare professionals in performing procedures more effectively but also aims to improve patient outcomes through innovative treatments and technologies.