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Compumedics Limited

Company Profile Analysis

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Compumedics Limited - ICT showcase

Year Founded & Workforce

1987

200 Employees

Industry

ICT

Services

Brain-Computer Interface Market
C

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Compumedics Limited Overview

Company Headquarters: Victoria, Australia

Founded: 1987

Workforce: ~200

Company Working: Compumedics Limited creates computer-based medical monitoring and diagnostic equipment for hospitals, clinics, universities, and research organizations worldwide. The equipment tracks sleep, brain activity, and blood flow. It is divided into sleep diagnostics, neurology diagnostics, and brain research. Through the Compumedics Neuroscan brand, the company designs and manufactures technologies to diagnose sleep disorders, neurodiagnostic solutions from clinical to research, and brain research technologies. Compumedics Limited has a market share of approximately 80% in the Australian sleep diagnostic market and a growing international business, particularly in the US, which has the world's largest medical device market. It has received numerous awards and accolades over the years, including Australia's exporter of the year and recognition as a Top 100 Innovator by both the German and Australian governments.

It owns Neuroscan (US) and DWL Elektronishe Systeme GmbH (Germany). It has a broad international reach in conjunction with these two subsidiaries, including the Americas, Australia and Asia-Pacific, Europe, and the Middle East. Its corporate family consists of ten companies.

Strategy

Compumedics Limited is focused on innovation and technological standards in monitoring products for improved health care. It also identifies and delivers accessible medical technologies to the world and provides products with superior technology that is easy to use and reliable. It has established a dedicated innovation group to ensure a consistent pipeline of new and innovative products. The Innovation Group's role is to collaborate closely with the Medical Advisory Board and the medical and research communities in identifying future product trends, technological paradigm shifts, and health care trends.

Company Snapshot

$41,505M

Revenue

200

Employees

1987

Founded

Victoria, Australia

Headquarters

SWOT Analysis

Strengths

  • Strong free cash flows
  • Robust dealer community

Weaknesses

  • Unsuccessful at integrating firms with different work culture

Opportunities

  • Lower inflation rate brings more stability to the market, enabling credit at a lower interest rate to the customers of the company
  • Economic uptick and increase in customer spending

Threats

  • Stringent regulatory regulations
  • Highly competitive industry

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Product Offering

  • Compumedics Limited
    • Brain-Computer Interface Market

Financial Performance

Explore key financial metrics, segmented revenue, balance sheet health, and performance trends.

By Business Segment: Sales fell from USD 41,505 Mn in 2019 to USD 35,740 Mn in 2021.
Compumedics Limited — By Business Segment
Series (USD Mn)201920202021
Sales41,50535,06935,740
R&D Expenditure5,3193,8434,388

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