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VARIAN MEDICAL SYSTEMS Revenue, Growth & Competitor Profile

DBA VARIAN MEDICAL SYSTEMS IMAGING LABORATORY GMBH
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Company Profile & Annual Report for Varian Medical Systems

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Varian Medical Systems Fast Facts

RevenueOver $500 million    See Exact Annual Revenue
EmployeesOver 1,000Exact Company Size
Primary Industry3345 Navigational, Measuring, Electromedical & Control Instruments Manufacturing
Additional NAICS Codes334517 Irradiation Apparatus Manufacturing
335 Electrical Equipment, Appliance & Component Manufacturing
Address3100 Hansen Way
Palo Alto, CA 94304

varian.com


Varian Medical Systems's annual revenues are over $500 million (see exact revenue data) and has over 1,000 employees. It is classified as operating in the Navigational, Measuring, Electromedical & Control Instruments Manufacturing industry.


Varian Medical Systems's Annual Report & Profile shows critical firmographic facts:
  • What is the company's size? (Annual sales and employees)
  • What industry is the company in?

Varian Medical Systems is a publicly traded company on NYQ using the ticker symbol VAR. Detailed information on company financials and operating reports can be found here: NYQ: VAR



Varian Medical Systems Annual Revenue and Growth Rate

Varian Medical Systems Revenue Est.
($ Million)
Growth Rate (%)# Employees
2023 Details in Premium Report
2022
2021
2020
2019


1-Year Growth Rate:
3-Year Growth Rate (CAGR):
Premium Report

Note: Varian Medical Systems's revenues are gauged from an analysis of company filings.



Trademark Applications

Trademark applications show the products and services that Varian Medical Systems is developing and marketing. Varian Medical Systems's new tradmarks suggest it is investing in R&D and marketing, while expanding into new products or markets. Trademarks may include brand names, product names, logos and slogans.

Trademark Date
KNIGHT
Medical devices, namely, microcatheters and other catheters; Medical devices, namely, syringes and delivery catheters for the delivery of embolic agents; Medical devices for use in treating or diagnosing conditions within the peripheral vasculature with the use of microcatheters and other catheters; Medical apparatus and instruments for use in medical diagnostic, imaging, and delivery of therapeutic materials; Intravascular medical imaging apparatus; Intravascular medical imaging accessories, namely, microcatheters and other introduction catheters and guidewires; Medical apparatus, namely, system for vascular embolization procedures in the nature of catheters; Medical device for embolization therapy in interventional radiology and oncology; Medical device for vascular embolization procedures
08/23/2023
CYBERHEART
Downloadable medical device software for ablation targeting and treatment; Downloadable computer software for imaging in the field of ablation; Downloadable medical device guidance software for tissue ablation procedures; Downloadable software for targeting, controlling, monitoring, and recording the operation of medical devices for radiotherapy ablation; Downloadable computer software for use in developing radiotherapy treatment plans, monitoring, controlling and simulating patient treatment, managing and transmitting patient data, information and radiographic images, and delivering radiotherapy
05/08/2023
MAXIMQA
Downloadable computer software for machine quality assurance, namely, software for monitoring, measuring, collecting and analyzing machine quality assurance data; Downloadable computer software and hardware for performing machine quality assurance in compliance with industry standards; Downloadable computer software for providing guidance on compliance with machine quality assurance recommendations from professional societies and regulatory bodies; Downloadable computer software for performing quality assurance regarding image quality of images obtained in a treatment system; Downloadable computer software and hardware for performing quality assurance of film dosimetry; Downloadable computer database software for use in automating quality assurance assessment of a system; Downloadable computer software for accessing, viewing, and exporting data from electronic storage; Downloadable computer software for accessing, viewing, and exporting data and images; Downloadable computer software and hardware for use with an image guided radiation therapy device; Downloadable computer software for monitoring, measuring, collecting and analyzing machine quality assurance data in an automated fashion; Downloadable computer software for enabling integration of hardware devices for the purpose of analyzing radiation dosage output, machine geometry, and/or obtained image quality; Downloadable computer software to perform automatic evaluation of various components of a system and to display the evaluation results on a console; Downloadable computer software to perform quality assurance assessments regarding a treatment delivery system and display the evaluation results on a treatment console; Downloadable computer software for use in radiation treatment delivery systems, namely, for quality assurance of radiation treatment equipment including receiving, processing, verifying, and displaying data of linear accelerators; Downloadable computer software for operating information systems and processing electronic quality assurance information, namely, for collecting, organizing, compiling, analyzing and storing test results; Downloadable computer software for enabling and facilitating the uploading, downloading, displaying, creating and updating of electronic data and images for machine quality assurance; Downloadable computer software for defining machine quality assurance tests; Downloadable computer software for setting evaluation criteria and methods used in machine quality assurance analyses; Downloadable computer software for display of collected electronic machine quality data including trend graphing or other statistical analyses; Downloadable computer software for predictive maintenance analysis related to machine quality assurance; Downloadable computer software for alerts and/or notification of predicted maintenance due; Machine quality assurance phantoms being objects used as stand-ins for human tissues; Machine quality assurance systems, namely, including quality assurance phantoms being objects used as stand-ins for human tissues and downloadable software for performing machine quality assurance; Phantom holder being a holder for an object used as a stand-in for human tissues for use in machine quality assurance testing of medical imaging and medical treatment systems; Downloadable computer software for providing troubleshooting guidance based on results of machine quality assurance testing; Downloadable computer software for providing alerts and/or remote electronic notifications based on results of machine quality assurance testing and/or system self-checking; Downloadable computer software for managing a machine quality assurance program, including definition of quality assurance tasks, scheduling of quality assurance tasks, assignment of quality assurance tasks to personnel, and tracking status of quality assurance tasks; Downloadable computer software for collecting and aggregating status information of one or more systems and providing the status information electronically; all of the foregoing goods in the medical field
05/08/2023

See all trademarks and details in the Full Report.


Recession Risk

Determine whether Varian Medical Systems grew or shrank during the last recession. This is useful in estimating the financial strength and credit risk of the company. Compare how recession-proof Varian Medical Systems is relative to the industry overall. While a new recession may strike a particular industry, measuring the industry and company's robustness during the last recession estimates its ability to weather future recessions.



U.S. Industry Overview & Market Statistics:
Navigational, Measuring, Electromedical & Control Instruments Manufacturing

Publisher: AnythingResearch

  • Market Size
  • Growth Rate
  • 5-Year Market Forecast
  • Average Company Size & Growth
  • Salary & Compensation Benchmarks



Market Share of Varian Medical Systems's Largest Competitors

A competitive analysis shows these companies are in the same general field as Varian Medical Systems, even though they may not compete head-to-head. These are the largest companies by revenue. However, they may not have the largest market share in this industry if they have diversified into other business lines. The "Competition" section of a business plan or investment memorandum would start by analyzing the information about these companies. Competitive advantage comes from offering better pricing or superior products/service.

Company HeadquartersRevenue ($ MM)
TELEDYNE TECHNOLOGIESThousand Oaks, CA100 
TRIMBLESunnyvale, CA93 
KEYSIGHT TECHNOLOGIESSanta Rosa, CA77 
AGILENT TECHNOLOGIESSanta Clara, CA75 
GARMIN INTERNATIONALOlathe, KS73 
SIEMENS HEALTHCARE DIAGNOSTICSTarrytown, NY67 
CREATION TECHNOLOGIES INTERNATIONALBoston, MA65 
VERISK ANALYTICSJersey City, NJ55 
WATERSMilford, MA51 




Nearby Competitors

These companies are similar in business line and location to Varian Medical Systems. While some companies compete with neighboring businesses for customers, other companies may compete to attract skilled employees.

Company HeadquartersRevenue ($ MM)
VARIAN MEDICAL SYSTEMSPalo Alto, CA100 
COMMUNICATIONS & POWER INDUSTRIESPalo Alto, CA30 
SILICON GRAPHICS INTERNATIONALPalo Alto, CA29 
PSIQUANTUMPalo Alto, CA14 
MASHGINPalo Alto, CA5 
D-WAVE COMMERCIALPalo Alto, CA2 
TURNCAREPalo Alto, CA1 
XSIGHT LABSPalo Alto, CA1 
HUDDLYPalo Alto, CA0 
R2 SEMICONDUCTORPalo Alto, CA0 




Future Competition: Varian Medical Systems's Fastest Growing Competitors

These companies are in the same general field as Varian Medical Systems and are rapidly expanding. Companies may grow organically or through acquisition. In some cases apparently high growth rates may be caused by data that weren't available in previous years.

CompanyRevenue ($ MM)
Varian Medical Systems Competitors