Varex Imaging Corp. VREX

What this company does

Varex Imaging Corporation designs and manufactures X-ray imaging components, including X-ray tubes, flat panel and photon counting detectors and accessories, linear accelerators, image software processing solutions, and stand-alone X-ray based systems in select application areas. Varex has approximately 2,400 full-time equivalent employees, located at engineering, manufacturing, and service center sites in North America, Europe, and Asia. It employs approximately 400 individuals in product development related activities. Each year, it produces over 27,000 X-ray tubes and 20,000 X-ray detectors. The company has two reportable operating segments, Medical and Industrial, which align its products and services offerings with customer use in medical and industrial imaging. In its Medical segment, it designs, manufactures, sells and services X-ray imaging components, including X-ray tubes, flat panel and photon counting detectors and accessories, high voltage connectors, image-processing software and workstations, 3D reconstruction software, computer-aided diagnostic software, automatic exposure control devices, generators, and coolers, which are used in medical imaging applications including computed tomography, mammography, oncology, cardiac, surgery, dental, fluoroscopy, and other diagnostic radiography uses. In its Industrial segment, it designs, develops, manufactures, sells, and services X-ray imaging products for applications including cargo screening at ports and borders, baggage screening at airports, and nondestructive testing, irradiation, and inspection applications used in a number of other verticals.

Written from the business description in Varex Imaging Corporation's annual report to the U.S. Securities and Exchange Commission, filed 18 November 2025. Every sentence was checked against that document before publication.