Sysmex Corporation

Sysmex Corporation Overview

Company Headquarters: Kobe, Japan

Founded: 1968

Workforce: ~ 8,715

Company Working: Sysmex Corporation (Sysmex) develops, manufactures, sells, and exports/imports diagnostic instruments, reagents, and related software. The company provides products, services, and support to customers in more than 190 countries. Its key customers include national and other public hospitals, private hospitals, universities, research institutes, other medical institutions. Sysmex operates in the domain of healthcare testing, which involves examining blood, urine, and other samples. The company's business is in the domain of in vitro diagnostics (IVD), which is essential to the diagnosis and treatment of diseases. The company operates through various subsidiaries in different parts of the world, including the Americas, EMEA, and Asia-Pacific.

Strategy

Sysmex Corporation is focused on launching clinical flow cytometry (FCM) products, owing to the increasing demand for flow cytometry systems, globally. Additionally, the company is aiming to increase its life science business by entering the clinical PCR market. Also, Sysmex Corporation is focusing on increasing its business in the immunology and in-vitro diagnostic segment. It plans to promote scientific support activities to increase the level of IVD testing in Asia-Pacific.

Company Snapshot

$2,690M

Revenue

8,715

Employees

1968

Founded

Kobe, Japan

Headquarters

SWOT Analysis

Strengths

Company has presence in EMEA, Asia-Pacific, the Americas, and Japan
Major player in the hematology field
Increase in sales to second-tier and lower hospitals in China

Weaknesses

Limited product range compared to major players
Lawsuits

Opportunities

Investing in new life science fields
Expanding business in the hepatic disease domain

Threats

Fluctuating exchange rates
Excise duty on immunoassay systems

Product Offering

Sysmex Corporation
- Immunoassay System
- Immunoassays

Financial Performance

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