Utah Medical Products Inc
About
Utah Medical Products, Inc. engages in the manufacturing, developing, and marketing of disposable and reusable medical devices. It focuses on the healthcare of women and babies. Its products are used for blood pressure monitoring and blood collection, electrosurgery, gynecology, neonatal critical care, perinatology, and urology. The company was founded on April 21, 1978 and is headquartered in Midvale, UT.
Growth
Utah Medical Products, Inc. operates as an established company in the healthcare industry, specializing in the development, manufacturing, and marketing of specialty medical devices for women and babies. With a global presence in over a hundred countries, the company has a strong focus on continuous quality improvement and meeting the specialized needs of healthcare professionals worldwide. Utah Medical Products has a solid reputation for providing innovative solutions in critical care, gynecology, neonatology, obstetrics, surgery, and urology.
Achievements
Utah Medical Products has achieved significant milestones, such as maintaining solid profitability in 2023 with a Gross Profit Margin of 59.8% and a Net Income Margin of 33.1%. The company's Femcare® subsidiary is renowned for its Filshie® Clip System, a leading global brand for female surgical contraception. They have also expanded globally by establishing relationships with over 300 international distributors, increasing the accessibility of their life-saving specialty medical devices worldwide. Utah Medical Products is committed to innovation and high-quality standards in the medical device industry.
Case Studies
Utah Medical Products has been involved in significant projects such as the development of the Liberty® Pelvic Floor Stimulation System, a non-surgical treatment for urinary incontinence. They have also introduced innovative products like the CVX-Ripe® cervical ripening catheter, the Supra-Foley® suprapubic catheter, and the Nutri-Cath® with ENFit™ enteral feeding catheters. These products showcase the company's dedication to addressing critical healthcare needs and improving patient outcomes across various medical specialties.
Key Events
Key events for Utah Medical Products include the announcement of the regular quarterly dividend in 2024, indicating financial stability and shareholder value. The company's global reach has been expanded through partnerships with over 300 international distributors, increasing the availability of their specialty medical devices worldwide. Utah Medical Products' commitment to continuous quality improvement is evident in their innovative products such as the Liberty® Pelvic Floor Stimulation System and the OptiSpec® LED light. These products demonstrate the company's focus on delivering high-quality healthcare solutions to improve patient care globally.
Socials
Website
Founded
-
Operating Status
Active
Industry
Health Care/Life Sciences
headquarters
Address
7043 South 300 West Midvale Utah 84047 United States...
Country
United States
Employees
197
Key People
James H. Beeson (Independent Director)
Ernst G. Hoyer (Lead Independent Director)
Brian Lee Koopman (Chief Financial Officer & Controller)
James H. Beeson (Independent Director)
Products
Deltran® Disposable Blood Pressure Monitoring Systems
Deltran® Plus Needleless Arterial Blood Collection Systems
Finesse® Electrosurgical Generators
Filtresse™ Smoke Evacuation and Filtration Systems
Epitome® Electrosurgical Scalpels
OptiMicro™ Microdissection Needle Electrodes
AROM-Cot® Amniotomy Finger Cots
BT-Cath® Balloon Tamponade Catheter Sets
CVX-Ripe® Cervical Ripening Catheter Sets
Toco Abdominal Belts
Intran® Plus Transducer-Tipped Intrauterine Pressure Catheters
MUC-X™ Meconium Aspirators
Cordguard™ Umbilical Cord Management System
Vacuum Assisted Delivery Systems
Hemo-Nate® Neonatal/Pediatric Blood Filtration Systems
Thora-Cath® Chest Drainage Catheters
Nutri-Cath® Continuous Enteral Feeding Catheters
Myelo-Nate® Lumbar Puncture Sets
Disposa-Hood™ Disposable Infant Oxygen Hoods
Neonatal/Pediatric Deltran® Plus Needleless Arterial Blood Collection Systems
Pala-Nate® Palate Guards
PICC-Nate® PICC Catheters
Dialy-Nate® Peritoneal Dialysis Sets
Umbili-Cath™ Umbilical Catheters
Uri-Cath™ Urinary Drainage Sets
Liberty® Pelvic Floor Electrostimulation Systems
Supra-Foley® Suprapubic Catheter Introducers
Pathfinder Plus™ Endoscopic Bulb Irrigators
Filshie® Clip System with Sterishot® II Applicator
UtahLoop®, C-LETZ® and UtahBall® Gynecology Electrodes
EndoCurette® Endometrial Sampling Suction Curettes
TVUS/HSG-Cath™ Catheters
OptiSpec® Gynecology Light
LUMIN™ Laparoscopic Uterine Manipulator/Injectors
Revenue
50.22 M
Operating Income
Stock Price
$64.24
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Utah Medical Products Inc
-
Website
-
Founded
-
-
Industry
Health Care/Life Sciences
-
Address
7043 South 300 West Midvale Utah 84047 United States...
-
Country
United States
-
Number of employees
197+
-
Revenue
50.22 M
About Utah Medical Products Inc
Utah Medical Products, Inc. engages in the manufacturing, developing, and marketing of disposable and reusable medical devices. It focuses on the healthcare of women and babies. Its products are used for blood pressure monitoring and blood collection, electrosurgery, gynecology, neonatal critical care, perinatology, and urology. The company was founded on April 21, 1978 and is headquartered in Midvale, 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
