iRay Technology Co Ltd
SSE:688301
iRay Technology Co Ltd
Revenue
iRay Technology Co Ltd
Revenue Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
| Company | Revenue | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
|---|---|---|---|---|---|---|
|
|
iRay Technology Co Ltd
SSE:688301
|
Revenue
¥1.9B
|
CAGR 3-Years
33%
|
CAGR 5-Years
34%
|
CAGR 10-Years
N/A
|
|
|
A
|
APT Medical Inc
SSE:688617
|
Revenue
¥1.7B
|
CAGR 3-Years
51%
|
CAGR 5-Years
47%
|
CAGR 10-Years
N/A
|
|
|
J
|
Jiangsu Yuyue Medical Equipment & Supply Co Ltd
SZSE:002223
|
Revenue
¥7.3B
|
CAGR 3-Years
1%
|
CAGR 5-Years
10%
|
CAGR 10-Years
16%
|
|
|
Shenzhen Mindray Bio-Medical Electronics Co Ltd
SZSE:300760
|
Revenue
¥37.1B
|
CAGR 3-Years
15%
|
CAGR 5-Years
19%
|
CAGR 10-Years
N/A
|
|
|
L
|
Lepu Medical Technology Beijing Co Ltd
SZSE:300003
|
Revenue
¥5.9B
|
CAGR 3-Years
-17%
|
CAGR 5-Years
-5%
|
CAGR 10-Years
12%
|
|
|
Shanghai United Imaging Healthcare Co Ltd
SSE:688271
|
Revenue
¥11.4B
|
CAGR 3-Years
26%
|
CAGR 5-Years
N/A
|
CAGR 10-Years
N/A
|
|
iRay Technology Co Ltd
Glance View
iRay Technology Co., Ltd., founded in China in 2011, has swiftly emerged as a pivotal player in the realm of X-ray imaging technology. Harnessing a potent blend of innovation and scientific expertise, the company specializes in developing and manufacturing advanced digital X-ray detectors. iRay's cutting-edge detectors are a core component in medical imaging systems, providing clear, high-resolution images that are crucial for accurate diagnostics. As global healthcare standards evolve, the demand for high-quality medical imaging solutions burgeons, positioning iRay as a vital contributor to the modernization of healthcare infrastructure. By capitalizing on technological advancements and the relentless pursuit of precision, iRay ensures its products meet the stringent demands of both domestic and international markets. iRay Technology's business model thrives on its ability to consistently deliver superior-quality imaging solutions while expanding its footprint across diverse sectors. Beyond healthcare, iRay's detectors find applications in industrial non-destructive testing and security inspection, diversifying its revenue streams. The company invests significantly in research and development to maintain its technological edge, aiming to drive innovations that enhance imaging performance and cost-efficiency. This investment in R&D not only fuels product enhancements but also cements iRay’s competitive advantage in a rapidly changing industry. By leveraging a robust sales and distribution network, coupled with strategic partnerships, iRay effectively capitalizes on expanding market opportunities, thereby solidifying its revenue base and ensuring sustainable growth.
See Also
What is iRay Technology Co Ltd's Revenue?
Revenue
1.9B
CNY
Based on the financial report for Dec 31, 2023, iRay Technology Co Ltd's Revenue amounts to 1.9B CNY.
What is iRay Technology Co Ltd's Revenue growth rate?
Revenue CAGR 5Y
34%
Over the last year, the Revenue growth was 20%. The average annual Revenue growth rates for iRay Technology Co Ltd have been 33% over the past three years , 34% over the past five years .
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