Merit Medical Systems Inc - Company Profile

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Merit Medical Systems Inc: Overview

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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.

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Headquarters United States of America
Address 1600 West Merit Park Way, South Jordan, Utah, 84095
Website www.merit.com
Telephone 1 801 2531600
No of Employees 6,950
Industry Medical Equipment
Ticker Symbol & Exchange MMSI (NASD)
Revenue (2022) $1.3B 9.2% (2022 vs 2021)
EPS XYZ
Net Income (2022) XYZ 26.7% (2022 vs 2021)
Market Cap* $4.2B
Net Profit Margin (2022) XYZ 16.1% (2022 vs 2021)
* As of and is in US$
View Merit Medical Systems Inc financials
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Merit Medical Systems Inc premium industry data and analytics

70+

Medical Clinical Trials

A database of clinical trials planned, currently ongoing, completed, suspended, withdrawn, and terminated in countries around the world.

11+

Medical Pipeline Products

A database of medical devices that are in the process to get approved for sale around the world. Devices that are in development, through to those in the approval process are included.

1

ICT Spend & Tech Priorities

IT Client Prospector provides intelligence on Merit Medical Systems Inc’s likely spend across technology areas enabling you to understand the digital strategy.

Products and Services

Products Brands
- HeRO
Diagnostic Cardiology Catheters CentrosFLO
Diagnostic Guide Wires ProGuide
XYZ XYZ
XYZ XYZ
XYZ XYZ
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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.
Dive into past operations, including product releases, deals, acquisitions & more Dive into past operations, including product releases, deals, acquisitions & more Find out more
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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
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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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