Comp-Ray

What Comp-Ray does

Comp-Ray (legal entity CompRay, Inc.) is a Phoenix, Arizona-based medical imaging equipment distributor and multi-vendor service provider founded in 1980. The company sells capital equipment across modalities — Digital X-ray (DR), Computed Tomography (CT), Magnetic Resonance Imaging (MRI), Cardiac Cath Labs, Angiography, Fluoroscopy, C-Arms, and PACS enterprise imaging — under authorized channel-partner arrangements with major OEMs including Shimadzu Medical Systems, Konica Minolta, Fujifilm, Del Medical, Canon, Carestream, and Hitachi. Distribution is conducted via a field-sales model covering seven southwestern U.S. states (Arizona, Colorado, Nevada, New Mexico, Western Texas, Utah, Wyoming), targeting hospitals, imaging centers, orthopedic facilities, urgent care centers, and interventional x-ray facilities.

The company monetizes through two primary streams: one-time capital equipment sales (transactional, high-ticket) and recurring multi-vendor service (MVS) contracts priced on annual subscriptions. Service offerings are tiered — Preventive Maintenance Only, Comprehensive Coverage (fixed-cost full-service), Shared Risk Models (capitated with rebate mechanics), Block of Hours (pre-paid labor), PM Plus (maintenance plus budgeted repair pool with rollover), and Time & Materials on a pay-as-you-go basis. The service stack includes in-house applications training, CAD-based facility design and project management, parts procurement from on-shelf and refurbished inventory, asset optimization, regulatory compliance (HARP/RED act testing), and end-of-life equipment support. A Change Healthcare integration partnership extends the offering into bundled hemodynamics clinical solutions for interventional x-ray facilities.

Comp-Ray was acquired in June 2022 by Christie Innomed, a Canadian independent healthcare company, marking Christie Innomed's first U.S. market entry. The company operates as a wholly-owned subsidiary under Christie Innomed, retaining its leadership, field-sales force, and field service engineering team. The company is ISO 9001:2015 certified (2024) and was recognized by MedTech Outlook as a Top 10 Medical Imaging Provider in 2023. Headcount is reported in the 101-250 range.

Name

Comp-Ray

Legal name

CompRay, Inc.

Website

https://compray.com

Company type

Private

Founded year

1980

Operating status

Operating

Headcount range

101–250 employees

Short description

Comp-Ray distributes medical imaging equipment and provides multi-vendor service solutions to hospitals, imaging centers, orthopedic facilities, and urgent care centers across seven southwestern US states. Founded in 1980, the Phoenix-based company has operated as a Christie Innomed subsidiary since 2022.

Ownership category

akta.pro rank

Product category

Medical Imaging Equipment Distribution and Services

NAICS

Medical, Dental, and Hospital Equipment and Supplies Merchant Wholesalers (423450), Navigational, Measuring, Electromedical, and Control Instruments Manufacturing (3345)

SIC

Wholesale-Medical, Dental & Hospital Equipment & Supplies (5047), X-Ray Apparatus & Tubes & Related Irradiation Apparatus (3844)

akta.pro primary industry

X-ray & Fluoroscopy Systems (HLAHABAA)

akta.pro secondary industries

Portable, Mobile & Point-of-Care Imaging Systems (HLAHABAL), Contrast Media Injectors & Radiology Accessories (HLAHABAK), Medical Supplies & Consumables Wholesale (Non-Device) (CRAOAHAE)

Keywords

• Medical imaging equipment
• Diagnostic imaging services
• Multi-vendor services
• Medical equipment distribution
• Healthcare equipment maintenance

Headquarters

HQ city

Phoenix

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Supply Chain, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Medical Imaging Equipment Sales: Sale of medical imaging equipment including Digital X-ray systems, CT scanners, MRI machines, Cardiac Cath Labs, Angiography systems, Fluoroscopy, C-Arms, and PACS systems from manufacturer partners.
2. Service Contracts: Recurring service contracts including Preventive Maintenance Only, Comprehensive Coverage (full-service at fixed cost), Shared Risk Models (capitated service with unused funds rebated), Block of Hours (pre-paid repair labor), PM Plus (preventive maintenance plus budgeted repair pool).
3. Parts Procurement and Repair: On-shelf inventory and refurbished parts sourcing for medical imaging equipment maintenance and repair. Includes procurement consulting services.
4. Time and Materials Service: Pay-for-individual-repairs service model for customers preferring non-contract service arrangements.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels4 records

Core offering

Comp-Ray distributes medical imaging equipment from major manufacturers (Shimadzu, Konica Minolta, Fujifilm, Canon, Carestream, Del Medical, Hitachi) and provides independent Multi-Vendor Services (MVS) for complete lifecycle support of imaging assets regardless of manufacturer. The company sells equipment across modalities including Digital X-ray, CT, MRI, Cardiac Cath Labs, Angiography, Fluoroscopy, and C-Arms, while offering flexible service contracts spanning preventive maintenance, comprehensive coverage, shared risk models, and time-and-materials support.

Product overview

Comp-Ray is a medical imaging equipment distributor and service solutions provider offering a comprehensive portfolio of products and services. The core offerings include Medical Imaging Equipment Solutions (sales and distribution of equipment from manufacturers including Shimadzu, Konica Minolta, Fujifilm, Canon, Del Medical, Carestream, Hologic, and others), Healthcare IT Solutions (enterprise imaging platform), and Multi-Vendor Services (MVS) for lifecycle support regardless of manufacturer. The service portfolio includes flexible contract options ranging from preventive maintenance only to comprehensive coverage, shared risk models, block of hours, and time & material service. Comp-Ray serves hospitals, imaging centers, orthopedic facilities, and urgent care centers across the Southwestern United States, with products spanning Digital X-ray (DR), CT, MRI, Cardiac Cath Labs, Angiographic systems, Fluoroscopy, C-Arms, and PACS systems. Comp-Ray was acquired by Christie Innomed in 2022.

Differentiator

Problem solved

Functional benefit

Products and services

• Medical Imaging Equipment Solutions Comprehensive distribution and sales of medical imaging equipment spanning modalities including Digital X-ray (DR), Computed Tomography (CT), Magnetic Resonance Imaging (MRI), Cardiac Cath Labs, Angiographic systems, Fluoroscopy, C-Arms, and PACS systems. Comp-Ray serves as an authorized distributor for major manufacturers and provides consultative equipment sourcing for hospitals, imaging centers, orthopedic facilities, and urgent care centers across the southwestern United States.
• Healthcare IT Solutions Enterprise imaging solutions that consolidate and manage all clinical imaging and multimedia content, including capturing, indexing, managing, storing, distributing, displaying, sharing, and analyzing imaging-related content with data security. Designed for healthcare facilities seeking integrated PACS and enterprise imaging platforms.
• Multi-Vendor Services (MVS) Comprehensive multi-vendor service solutions for medical imaging equipment providing complete lifecycle support regardless of manufacturer, from warranty through end-of-life. Includes parts procurement, contract management, quality management, technology assessment, preventive maintenance, comprehensive coverage, shared risk models, block of hours, time-and-materials service, repair, asset optimization, and dedicated support for healthcare facilities.
• End-of-Life Medical Imaging Equipment Services Expert support and maintenance services for medical imaging equipment after manufacturer End-of-Life and End-of-Support notices, addressing restricted parts availability and technician availability challenges for healthcare facilities operating aging imaging assets.

Quantifiable outcome

• Quick and consistent response times for service requests
• +2 more outcomes

Named customers8 records

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Feature4 records

Partnerships

Eight partnerships are on record, tiered core and minor.

• Shimadzu Medical SystemscoreChannel Partner/ Reseller/ DistributorMajor manufacturer partner for medical imaging equipment including Digital X-ray, C-Arms, interventional radiology systems, and multi-purpose R/F systems. Products include Trinias B12/C16 Unity Edition angiography systems, RADSpeed Pro, MobileDaRT Evolution, and SONIALVISION G4.
• Konica MinoltacoreChannel Partner/ Reseller/ DistributorManufacturer partner for Digital X-ray systems including KDR DDR Advanced U-Arm, Floor Mounted DR System, and KDR Flex Overhead Tube Crane products.
• FujifilmcoreChannel Partner/ Reseller/ DistributorManufacturer partner for medical imaging equipment including CT systems, MRI (Oasis Velocity MRI, Echelon Oval 1.5T MRI), and diagnostic imaging solutions.
• Del MedicalcoreChannel Partner/ Reseller/ DistributorManufacturer partner for medical imaging equipment including FMT18T, OTC18T, and Del Medical OTC radiographic systems for imaging center, orthopedic, and urgent care applications.
• Canon (Canon Medical Systems)minorChannel Partner/ Reseller/ DistributorManufacturer partner referenced for medical imaging equipment portfolio alongside other major manufacturers.
• CarestreamminorChannel Partner/ Reseller/ DistributorManufacturer partner referenced for digital radiography and medical imaging equipment solutions.
• HitachiminorChannel Partner/ Reseller/ DistributorChannel partner for CT imaging systems including the Hitachi SCENARIA 128 CT imaging system installed at Wickenburg Community Hospital.
• St. Mary's Food Bank (Phoenix)minorOthersCommunity partnership with Phoenix food bank. Comp-Ray and Christie Innomed colleagues visited St. Mary's Food Bank in June 2024 to support the organization's mission of alleviating hunger through food distribution and encouraging self-sufficiency.

Scale indicators5 records

Recent moves5 records

Expansion highlights4 records

Broad incumbents

• TRIMEDX: Independent clinical asset management company providing medical equipment service, cybersecurity, and regulatory compliance for healthcare systems. Larger scale and broader modality coverage than Comp-Ray, but overlapping service contracts and ISO positioning.
• Carestream Health: Medical imaging manufacturer and service provider offering DR, CR, and healthcare IT solutions. Listed as one of Comp-Ray's manufacturer partners while also operating its own direct service organization, making it both a partner and competitor in service.
• Agiliti: Large medical equipment management and service company (formerly Universal Hospital Services) providing equipment rental, service, and clinical engineering across multiple modalities. Broader portfolio and national footprint than Comp-Ray, but overlapping medical imaging service offering.
• Shimadzu Medical Systems: Medical imaging OEM specializing in X-ray, fluoroscopy, angiography, and C-arms. Comp-Ray's largest distribution partner, but Shimadzu also sells and services directly through its own organization in overlapping southwestern US accounts.
• Canon Medical Systems: Global medical imaging OEM offering CT, MRI, ultrasound, and X-ray equipment with direct service organization. One of Comp-Ray's distribution partners but also competes through direct sales and proprietary service offerings in the same territories.

Emerging players

• Sound Imaging: Medical imaging service and MRI coil repair specialist focused on cost-effective third-party MRI service. Smaller and narrower in modality than Comp-Ray, but competing for similar hospital and imaging center service contracts.

Direct peers

• DirectMed Parts & Service: Independent medical imaging parts supplier and service provider for MRI, CT, and X-ray equipment. Competes with Comp-Ray in third-party parts sourcing and refurbishment, targeting similar hospital and imaging center customers seeking OEM-alternative service.
• BC Technical: Independent service organization (ISO) specializing in medical imaging equipment service, parts, and training across CT, MRI, ultrasound, and X-ray. Direct competitor to Comp-Ray's MVS offering with overlapping modality coverage and similar manufacturer-agnostic service positioning.
• Universal Medical Services: Independent service organization providing multi-vendor medical imaging equipment service, parts, and training. Directly comparable to Comp-Ray in business model, manufacturer-agnostic positioning, and target customer base (hospitals, imaging centers).

Regional players

• Christie Innomed: Parent company and Canada's largest independent medical imaging equipment distributor and multi-vendor service provider. Comparable business model (equipment distribution + MVS) and portfolio, but operates primarily in Canada rather than Comp-Ray's US southwest territory.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/comp-ray-inc

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Comp-Ray