Merit Medical Systems Inc - Company Profile
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Merit Medical Systems Inc (Merit Medical) is a medical devices company offering a range of single-use medical products for interventional and diagnostic procedures. The company’s products include inflation devices and accessories, diagnostic and therapeutic catheters, diagnostic and hydrophilic products, thrombolytic catheters and fluid dispensing systems, and embolotherapy products. Merit Medical’s products find applications in various diagnostic and interventional cardiology fields including radiology, cardiology and endoscopy and other clinical areas such as thoracic surgery, interventional nephrology, vascular surgery, oncology, and pain management. It markets its products through direct sales force in the US and Western Europe, and China; and through independent dealer organizations and network of OEM partners in the Americas, Europe, Africa, the Middle East, Asia and Oceania. Merit Medical is headquartered in South Jordan, Utah, the US.
Merit Medical Systems Inc premium industry data and analytics
Products and Services
Products | Brands |
---|---|
- | HeRO |
Diagnostic Cardiology Catheters | CentrosFLO |
Diagnostic Guide Wires | ProGuide |
XYZ | XYZ |
XYZ | XYZ |
XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
Year | Event | Description |
---|---|---|
2024 | New Products/Services | In March, the company introduced the Micro ACE Advanced Micro-Access System. |
2024 | Regulatory Approval | In February, the company secured 501(k) clearance from the US Food and Drug Administration for the SCOUT MD Surgical Guidance System. |
2024 | New Products/Services | In February, the company launched its Continued Growth Initiatives Program. |
Competitor Comparison
Key Parameters | Merit Medical Systems Inc | Kaiser Permanente | Johnson & Johnson | Abbott Laboratories | Medtronic Plc |
---|---|---|---|---|---|
Headquarters | United States of America | United States of America | United States of America | United States of America | Ireland |
City | South Jordan | Oakland | New Brunswick | Abbott Park | Dublin |
State/Province | Utah | California | New Jersey | Illinois | - |
No. of Employees | 6,950 | 305,000 | 131,900 | 114,000 | 95,000 |
Entity Type | Public | Institution | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
Name | Position | Board | Since | Age |
---|---|---|---|---|
Fred P. Lampropoulos | President; Chairman; Chief Executive Officer | Executive Board | 1987 | 73 |
Raul Parra | Treasurer; Chief Financial Officer | Senior Management | 2018 | 45 |
Neil Peterson | Chief Operating Officer | Senior Management | 2022 | 57 |
Joseph Pierce | Chief Information Officer | Senior Management | 2006 | - |
Jason Treft | Chief Technology Officer | Senior Management | 2012 | - |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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