OSI Systems, Inc. OSIS

Company Overview

OSI Systems, Inc. is a U.S.-based technology company operating primarily in the security, healthcare, and optoelectronics industries. The company develops and manufactures specialized electronic systems and components used in security screening, patient monitoring, diagnostic imaging, and aerospace and defense applications. OSI Systems generates revenue through product sales, long-term service contracts, software integration, and maintenance support across both government and commercial markets. Its operations are organized around three principal business segments: Rapiscan Systems, Spacelabs Healthcare, and OSI Optoelectronics.

The company’s primary revenue drivers include cargo and baggage inspection systems, airport and border security technologies, patient monitoring systems, anesthesia and cardiology solutions, and custom optoelectronic components. OSI Systems serves government agencies, airports, healthcare providers, defense contractors, and industrial manufacturers globally. A key strategic advantage is its diversified portfolio across security and healthcare markets, allowing the company to balance exposure to public-sector procurement cycles with recurring healthcare and service revenues. Founded in 1987 by Deepak Chopra, OSI Systems evolved from an optoelectronics-focused business into a diversified technology platform through acquisitions, internal product development, and expansion into regulated end markets.