During the corresponding time, Varex Imaging Corporation recorded a revenue increase by 3.95 % year on year, sequentially revenue fell by -2.37 %. While revenue at the Varex Imaging Corporation's corporate clients
Varex Imaging's Comment on Sales, Marketing and Customers
The company primarily serves original equipment manufacturer (OEM) customers in the medical and industrial imaging markets. In its Medical segment, it designs, manufactures, sells, and services X-ray imaging components used in applications including computed tomography (CT), mammography, oncology, cardiac, surgery, dental, fluoroscopy, and other diagnostic radiography. OEM customers integrate these products into their X-ray imaging systems across various medical modalities. The company maintains long-term relationships with a majority of medical X-ray imaging OEMs worldwide, many exceeding 35 years in duration. Additionally, it sells to independent service companies, distributors, and directly to end-users for replacement purposes. The installed base comprises over 160,000 X-ray tubes, 170,000 X-ray detectors, 600,000 connect and control components, and 16,500 software instances. Replacement and service of this installed base represent a significant portion of the company's revenue. Replacement cycles vary by product and region; for example, CT X-ray tubes generally require replacement every 2 to 6 years, and as frequently as every 10 to 20 months in China due to high utilization.
Varex Imaging’s Comment on Sales, Marketing and Customers
The company primarily serves original equipment manufacturer (OEM) customers in the medical and industrial imaging markets. In its Medical segment, it designs, manufactures, sells, and services X-ray imaging components used in applications including computed tomography (CT), mammography, oncology, cardiac, surgery, dental, fluoroscopy, and other diagnostic radiography. OEM customers integrate these products into their X-ray imaging systems across various medical modalities. The company maintains long-term relationships with a majority of medical X-ray imaging OEMs worldwide, many exceeding 35 years in duration. Additionally, it sells to independent service companies, distributors, and directly to end-users for replacement purposes. The installed base comprises over 160,000 X-ray tubes, 170,000 X-ray detectors, 600,000 connect and control components, and 16,500 software instances. Replacement and service of this installed base represent a significant portion of the company's revenue. Replacement cycles vary by product and region; for example, CT X-ray tubes generally require replacement every 2 to 6 years, and as frequently as every 10 to 20 months in China due to high utilization.
Sources:
Varex Imaging Corporation’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
Updated on:
Focus of this report: Varex Imaging Corporation’s corporate clients.
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