Merit Medical Systems Inc
About
Merit Medical Systems, Inc. engages in the manufacture and marketing of proprietary disposable medical devices. It operates through the Cardiovascular and Endoscopy segments. The Cardiovascular segment consists of peripheral intervention, cardiac intervention, interventional oncology and spine, and cardiovascular and critical care product groups.
The Endoscopy segment integrates non-vascular stent technology with balloon dilators, inflation devices, guide wires, procedure kits, and other devices that are used by gastroenterologists, endoscopists, pulmonologists, and thoracic and general surgeons. The company was founded by Fred P. Lampropoulos, Darla Gill, Kent W. Stanger, and William Padilla in July 1987 and is headquartered in South Jordan, UT.
Growth
Merit Medical Systems, Inc. was founded in 1987, positioning it as an established player in the medical devices industry with over three decades of experience. The company has grown from its origins to become a leading manufacturer and marketer of proprietary disposable medical devices used in a variety of interventional, diagnostic, and therapeutic procedures across multiple medical specialties. With a global presence and approximately 7,000 employees, Merit Medical is in a scale-up or enterprise stage, characterized by a well-established product line and extensive reach in the healthcare sector.
Achievements
Merit Medical has achieved significant milestones throughout its history, including expanding its product portfolio to cover diverse medical specialties, resulting in positive patient outcomes worldwide. The company has established itself as a trusted provider of high-quality medical devices, earning recognition and loyalty from client hospitals and physicians globally. Merit Medical's commitment to innovation, customer satisfaction, and employee development has been instrumental in its continued growth and success in the competitive healthcare market.
Case Studies
Merit Medical has been involved in various impactful case studies and significant projects within the medical field, demonstrating the real-world application and effectiveness of its medical devices. These case studies highlight the positive outcomes achieved through the use of Merit Medical's products, showcasing the company's contribution to improving patient care and healthcare delivery. By actively engaging in meaningful projects, Merit Medical continues to solidify its reputation as a leading provider of innovative medical solutions.
Key Events
Throughout its history, Merit Medical has been involved in key events such as product launches, strategic partnerships, and industry recognitions. These events have played a crucial role in shaping the company's growth and reputation in the competitive medical devices market. By consistently introducing new products, collaborating with strategic partners, and receiving industry accolades, Merit Medical has demonstrated its commitment to staying at the forefront of medical innovation and delivering exceptional value to healthcare systems worldwide.
Socials
Website
Founded
-
Operating Status
Active
Industry
Health Care/Life Sciences
headquarters
Address
1600 West Merit Parkway South Jordan Utah 84095 United States...
Country
Jordan
Employees
6950
Key People
Michael R. McDonnell (Director)
Laura S. Kaiser (Director)
Joseph C. Wright (President)
Neil W. Peterson (Chief Operating Officer)
Products
PhD Hemostasis Valve
Revenue
1.25 B
Operating Income
Stock Price
$96.00
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Merit Medical Systems Inc
-
Website
-
Founded
-
-
Industry
Health Care/Life Sciences
-
Address
1600 West Merit Parkway South Jordan Utah 84095 United States...
-
Country
Jordan
-
Number of employees
6950+
-
Revenue
1.25 B
About Merit Medical Systems Inc
Merit Medical Systems, Inc. engages in the manufacture and marketing of proprietary disposable medical devices. It operates through the Cardiovascular and Endoscopy segments. The Cardiovascular segment consists of peripheral intervention, cardiac intervention, interventional oncology and spine, and cardiovascular and critical care product groups.
The Endoscopy segment integrates non-vascular stent technology with balloon dilators, inflation devices, guide wires, procedure kits, and other devices that are used by gastroenterologists, endoscopists, pulmonologists, and thoracic and general surgeons. The company was founded by Fred P. Lampropoulos, Darla Gill, Kent W. Stanger, and William Padilla in July 1987 and is headquartered in South Jordan, UT.
Why Setting Up a Virtual Delivery Center (VDC) Is Critical for Your Company’s Success
Achieving business success in today’s competitive landscape requires specialized expertise, seamless operations, and continuous innovation. Establishing a Virtual Delivery Center (VDC) can transform your company’s growth journey by ensuring efficiency, scalability, and long-term value.
Why Choose a VDC for Your Company?
1. Cost Optimization:
Save up to 70% on operational costs by leveraging remote teams and streamlined processes.
2. Expert Access:
Gain instant access to highly skilled professionals, ensuring faster and smoother project execution.
3. Scalable Teams:
Scale your team as business needs evolve, from initial project setup to long-term support.
4. Accelerated Timelines:
Leverage 24/7 global teams to reduce project delays and speed up implementation.
5. Continuous Support:
Ensure uninterrupted business performance with ongoing maintenance and updates.
Unlock Business Success with a VDC By establishing a VDC, your company can overcome operational challenges, achieve seamless system integration, and maximize ROI. Stay ahead in today’s dynamic market with a future-ready business strategy powered by a Virtual Delivery Center. Learn More About Us
Book A Meeting To Setup Your VDC
