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Varian Medical Systems, Inc.

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Varian Medical Systems, Inc. - Healthcare showcase

Year Founded & Workforce

1948

6,600 Employees

Industry

Healthcare

Services

Fluoroscopy and Mobile C-Arms
V

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Varian Medical Systems, Inc. Overview

Company Headquarters: California, US

Founded: 1948

Workforce: 6,600

Company Working:

Varian Medical Systems, Inc. designs, manufactures, sells, and services medical devices and software products for treating cancer and other medical conditions worldwide. It operates through two segments, namely, oncology systems and proton solutions.

Strategy

Varian Medical Systems, Inc. focuses on enhancing the technology and product line by expanding its existing product portfolio. It focuses on increasing mergers and acquisitions to strengthen its position in the market.

Company Snapshot

$2,491M

Revenue

6,600

Employees

1948

Founded

California, US

Headquarters

SWOT Analysis

Strengths

  • Sustainable product pricing

Weaknesses

  • Limited focus on developing markets

Opportunities

  • Worldwide expansion through mergers & acquisitions
  • Strategic tie-ups with other medical device companies to fuel its research & development activities

Threats

  • Intense competition
  • Price wars

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Product Offering

  • Varian Medical Systems, Inc.
    • Fluoroscopy and Mobile C-Arms

Financial Performance

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

By Business Segment: Global Sales rose from USD 2,491 Mn in 2015 to USD 2,668 Mn in 2017.
Varian Medical Systems, Inc. — By Business Segment
Series (USD Mn)201520162017
Global Sales2,4912,6212,668
R&D Expenses195.4200210

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