- CEO
- Stephen R. LaNeve
- Full Time Employees
- 987
- Sector
- Healthcare
- Industry
- Medical - Devices
- Address
- 1240 Deming Way Madison WI United States of America 53717-1954
- IPO Date
- Feb 8, 2007
- Business
- Accuray Incorporated designs, develops, manufactures, and sells advanced radiosurgery and radiation therapy systems for the treatment of tumors and certain neurological conditions. The company's core products include the CyberKnife System, a robotic stereotactic radiosurgery and stereotactic body radiation therapy platform used for treating primary and metastatic tumors outside the brain, including tumors near the spine and in organs such as the breast, kidney, liver, lung, pancreas, and prostate. Accuray also offers the TomoTherapy platform, including the Radixact System, which delivers stereotactic radiosurgery (SRS), stereotactic body radiation therapy (SBRT), intensity-modulated radiation therapy (IMRT), image-guided radiation therapy (IGRT), and adaptive radiation therapy (ART). The company's products aim to provide precise, personalized radiation treatments to improve clinical outcomes while expanding the curative potential of radiotherapy. Accuray operates globally with more than 1,000 installed systems across the Americas, Europe, the Middle East, India, Africa, Japan, China, and the Asia-Pacific region, with manufacturing facilities in the United States and China. Founded in 1990 and headquartered in Madison, Wisconsin, Accuray serves healthcare providers and hospitals worldwide.
Recent major developments include Accuray's strategic partnership with Cognizant to support the deployment of the SAP S/4HANA enterprise resource planning system aimed at enhancing operational efficiencies through improved data analytics and process optimization across sales, procurement, manufacturing, distribution, installation, and service functions. The company has also expanded its global footprint with new installations and treatments, such as the first stereotactic body radiation therapy treatments using the CyberKnife system in Melbourne, Australia. Regulatory milestones include recent approvals from China's National Medical Products Administration for the Radixact SynC System and CyberKnife S7, supporting Accuray’s growth strategy to increase patient access to advanced radiotherapy technologies. Additionally, Accuray inaugurated an Innovation & Partnership Hub in Genolier, Switzerland, to foster collaborative cancer treatment innovations. Its latest product efforts focus on automating workflows and enhancing treatment planning tools to improve patient outcomes and deliver more personalized radiotherapy options. Financial performance highlights include a significant year-over-year product revenue increase driven primarily by strong demand in China and growth prospects in other regions such as the EIMEA, supported by ongoing product launches and regulatory approvals for systems like the Helix and Tomo platforms.
Accuray operates primarily in the medical technology and radiation oncology industry segment, targeting cancer treatment centers and healthcare providers specializing in oncology. Its product portfolio and strategic collaborations emphasize precision and personalization in cancer care, aiming to improve the quality of life and treatment efficacy for cancer patients globally. The company continues to pursue technology integration and operational excellence to maintain its competitive position in the evolving oncology treatment landscape.
This description captures Accuray’s comprehensive product offerings, recent strategic developments, global market presence, and operational initiatives as of late 2025.