Getinge AB - Company Profile
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Business Description
Getinge AB (Getinge) is a medical device company that provides advanced technological solutions and expertise to hospitals and life science institutions. The company's main activities include offering solutions for intensive care, cardiovascular procedures, operating room, sterile reprocessing, digital health, pharmaceutical production, and research laboratories. Services include technical services, digital services, financial services, planning and design, project implementation, education and training, and hospital transformational partnerships. Getinge's solutions cater to intensive care, cardiovascular procedures, operating rooms, sterile reprocessing, digital health, pharmaceutical production, and research laboratories.
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R&D Overview
Getinge has undertaken several R&D initiatives focused on product development, digital strategy implementation, and successful product launches. It focuses on promoting innovation in sustainable practices and ensuring high product quality. It conducts research to improve its leadership offerings, enter new markets with low competition, and increase productivity while also meeting sustainability goals. The company is focused on broadening its portfolio to include innovative solutions in ECMO therapy and endovascular therapies. The company collaborates with top pharmaceutical companies and conducts research and development in various areas such as bioreactors, sterilizers, and disposable products. The company is currently focused on the strategy of innovation beyond 2030, which includes successful launches under its innovation and sustainability strategy and is continuously adding new projects, offering attractive digital solutions, which are an integral part and provide the company with competitive advantages, and has intensified its proactive M&A strategy to further strengthen innovativeness. Under the acute care therapies business area, the company focuses on product development and has implemented the digital strategy. In FY2024, it introduced Servo TwinView, which allows medical teams to analyze data from ventilators remotely, and Pulsiocare, which offers advanced hemodynamic monitoring with a high degree of user-friendliness. It also acquired Paragonix, which offers unique solutions for the safe transportation and storage of organs for transplantation. Under the life sciences business areas, the company focuses on AI development and introduced products such as the GEW 888 neo, which is a washer that consumes up to 32% less water depending on configuration, the Lancer LSS lab sterilize,r and a new version of the DPTE-BetaBag made from renewable plastics. It also acquired INTACT, an ecosystem of patents to create simpler and more cost-effective aseptic handling throughout the value chain. Under the surgical workflows business areas, the company introduced products such as the Maquet Ezea surgical light, the intuitive and high-performance Aquadis Index washer-disinfector, and the Poladus 150 low-temperature sterilizer. In FY2025, the company spent SEK1,452 million on its R&D activities, which as a percentage of revenue stood at 4.2%, and grew 1.5% YoY.
Business Segments
Overview
Offers solutions for life support in acute health conditions. The offering includes solutions for cardiovascular procedures, efficient handling of organs for transplantation, and a broad selection of products and therapies for intensive care. Major products include anesthesia systems; ventilators; disposables and monitors; heart-lung machines and disposables; extra corporeal life support portable devices and disposables; counterpulsation therapy pumps and disposables; systems for endoscopic vessel harvesting; heart stabilizers & devices for connecting vessels; aortic surgical grafts and peripheral vascular grafts; balloon expandable covered stents and chest drains and thoracic catheters. Major brand: MAQUET The segment's strategy is to strengthen its leading offering in acute advanced heart and lung therapy and cardiovascular surgery.
Performance
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Overview
Offers a comprehensive range of equipment, technical expertise, and consultation. Products include solutions for aseptic/sterile transfers, GMP sterilizers, GMP washers, bioreactors, automated logistics, isolators, disposables for liquid handling, pumps, Lab washers, sterilizers, bioreactors, and cage washers and logistic automation. The segment's strategy is to focus on becoming a key partner to the institutions, which are focused on developing solutions to complex and previously incurable diseases.
Performance
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Overview
Offers products and solutions to serve as an end-to-end partner for optimizing the quality, safety, and capacity usage of the sterile supply departments and operating rooms. Products and services include steam and low-temperature sterilizers, washer-disinfectors, endoscope cleaners, automation solutions, consumable supplies, modern hybrid operating rooms in combination with imaging partners, advanced operating tables, surgical lights, and ceiling supply units. It also offers after-sales service, clinical training, consulting on layouts, workflows, and technical service, Advanced digital solutions to optimize hospital workflows, operating room integration, and OR management. Major brands: Lancer The segment's strategy is to focus on strengthening its offering for the operating room and in the central sterile supply department.
Performance
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Geographical Segments
Target Markets
The US, Canada, Brazil, and other countries in the North and South America.
Performance
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Target Markets
Australia, Japan, China, India, Hong Kong, and other countries in Asia-Pacific.
Performance
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Target Markets
Germany, UK, France, Italy, Netherlands, Sweden, Belgium, Switzerland, Spain, Austria, Turkey, Denmark, and other markets in Europe, the Middle East and Africa.
Performance
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