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Spacelabs Healthcare

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Spacelabs Healthcare - Healthcare showcase

Year Founded & Workforce

1958

Industry

Healthcare

Services

Cardiology and Remote Monitoring
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Spacelabs Healthcare Employee Contacts

4 verified contactsNames, job titles, seniority and locations

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Spacelabs Healthcare Overview

Company Headquarters: Washington, US

Founded: 1958

Company Working: Spacelabs Healthcare (Spacelabs) is engaged in developing and manufacturing medical equipment for clinicians and healthcare facilities located worldwide. Spacelabs offers patient monitoring and connectivity solutions, such as patient monitors, telemetry, and supplies and accessories. The company also provides diagnostic cardiology solutions, including Holter analyzers/recorders, stress testing, resting ECG, and event recording, among others. Additionally, its offices are located in the UK, Canada, India, France, Germany, Finland, Singapore, and the US. It is a subsidiary of OSI Systems.

Strategy

Spacelabs focuses on increasing the product portfolio to increase its presence in the medical devices field. The company also aims to expand its presence in untapped markets.

Company Snapshot

$958.2M

Revenue

1958

Founded

Washington, US

Headquarters

SWOT Analysis

Strengths

  • Skilled workforce
  • Increasing presence globally

Weaknesses

  • The US FDA product recalls in recent years can hinder the company’s image
  • New product developments

Opportunities

  • Mergers and acquisitions

Threats

  • Substitute medical devices
  • Changing competitive landscape

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Product Offering

  • Spacelabs Healthcare
    • Cardiology and Remote Monitoring

Financial Performance

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

By Business Segment: Sales rose from USD 958.2 Mn in 2015 to USD 1,089 Mn in 2018.
Spacelabs Healthcare — By Business Segment
Series (USD Mn)2015201620172018
Sales958.2829.79611,089
Operating Profit92.138.433.3167.9
R&D Expenditure51.649.850.944.7

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