Shenzhen Mindray Bio-Medical Electronics Co Ltd (Mindray) is a developer, manufacturer and marketer of medical devices and solutions. The company offers products for in-vitro diagnostics, patient monitoring and life support, veterinary, and medical imaging system. Mindray is headquartered in Shenzhen, China. Its major products include patient monitoring systems, anesthesia machines, ventilators, electrocardiographs, hematology analyzer and reagents, defibrillators, surgical lights, operating tables, medical supply units, infusion pumps endoscopes and accessories. Mindray also offers chemistry analyzer and reagents, flow cytometry, and mobile and digital radiography systems. The report, COVID-19 Impact on Shenzhen Mindray Bio-Medical Electronics Co Ltd.'s Revenue and Operations (Medical Devices) presents a deep dive analysis into how Shenzhen Mindray Bio-Medical Electronics Co Ltd. is placed to respond to the COVID-19 crisis, by examining its sector performance and competitiveness.
Scope
The report provides a comprehensive analysis of the impact of COVID-19 on Shenzhen Mindray Bio-Medical Electronics Co Ltd. –
– It provides insights on Shenzhen Mindray Bio-Medical Electronics Co Ltd.'s exposure to the regions and businesses impacted by the COVID-19 outbreak.
– It offers an overview of the company’s revenue impact by region and market for 2020 due to the COVID-19 outbreak.
Key Highlights
Due to high demands, Mindray has scaled up its manufacturing capacity in Shenzhen. This helped the company to meet the demand for ventilators from Asia-Pacific and European countries.Mindray was able to take advantage of increased demands for ventilators, patient monitors, and ultrasound systems to lessen the impact to its earnings from other segments.
The company’s other segments particularly medical imaging system, veterinary, orthopedic implants and consumables have declined in comparison to the previous years but with the resumption of elective procedures a positive growth can be expected from the upcoming quarters.
Reasons to Buy
An overview of how Shenzhen Mindray Bio-Medical Electronics Co Ltd. will be affected by the COVID-19 pandemic.
