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Merit Medical Systems Inc's Business Segments
Merit Medical Systems Inc's reported revenue by business segment and by geographic region, quarterly and annual, normalized against the consolidated income statement. Free below: the top 3 rows per table, this quarter and this fiscal year. Subscriber access adds the full segment history and operating income by segment.
Segment Data As of Q1 FY2026
Reportable Segments
1
Largest Segment
Single reportable segment
Total Revenue
$ 382
Countrys Reported
1
Revenue Share by Reportable Segment - Q1 FY2026
- Single reportable segment0%
Revenue by Reportable Segment - Q1 FY2026
| Segment | Revenue (Millions) | % of Total |
|---|---|---|
| Single reportable segment | $ 382 | - |
Revenue Share by Country - Q1 FY2026
- US59.3%
Revenue by Geographic Country - Q1 FY2026
| Country | Revenue (Millions) | % of Total |
|---|---|---|
| US | $ 227 | 59.3% |
Revenue by Product & Service Category - Q1 FY2026
- Foundational66.9%
- Therapeutic33.1%
Revenue by Product & Service Category - Q1 FY2026
| Category | Revenue (Millions) | % of Total |
|---|---|---|
| Foundational | $ 255 | 66.9% |
| Therapeutic | $ 126 | 33.1% |
Product and service categories are a supplemental disclosure and are not required to sum to consolidated revenue or to the reportable segments above.
Description of Merit Medical Systems Inc
Merit Medical Systems Inc is a leading manufacturer and marketer of disposable medical devices used in interventional, diagnostic and therapeutic procedures. The company was founded in 1987 by Fred P. Lampropoulos, who is the current CEO and Chairman of the Board of Directors.
Merit Medical Systems operates in three main business segments: Cardiovascular, Endoscopy and Peripheral Intervention. Its products range from vascular access products, such as catheters and guidewires, to embolization devices and drainage catheters. The company also provides customized kits and trays for specific procedures.
The headquarters of Merit Medical Systems is located in Salt Lake City, Utah, USA, but it has more than 5,000 employees worldwide and operations in more than 60 countries. The company has a strong global presence, with distribution centers in Europe, Asia, Latin America and the Middle East.
Merit Medical Systems is known for its commitment to innovation and its focus on customer satisfaction. It invests heavily in research and development to develop new products and improve existing ones. The company has also acquired several other medical device companies over the years to expand its product portfolio and global reach.
Merit Medical Systems has received numerous awards and recognitions for its products and services. It has been named among the best places to work in Utah and has been recognized for its commitment to sustainability and social responsibility.
In conclusion, Merit Medical Systems Inc is a leading medical device company with a global presence in the interventional, diagnostic and therapeutic procedures market. The company has a long history of innovation, customer satisfaction, and commitment to sustainability and social responsibility.
Merit Medical Systems operates in three main business segments: Cardiovascular, Endoscopy and Peripheral Intervention. Its products range from vascular access products, such as catheters and guidewires, to embolization devices and drainage catheters. The company also provides customized kits and trays for specific procedures.
The headquarters of Merit Medical Systems is located in Salt Lake City, Utah, USA, but it has more than 5,000 employees worldwide and operations in more than 60 countries. The company has a strong global presence, with distribution centers in Europe, Asia, Latin America and the Middle East.
Merit Medical Systems is known for its commitment to innovation and its focus on customer satisfaction. It invests heavily in research and development to develop new products and improve existing ones. The company has also acquired several other medical device companies over the years to expand its product portfolio and global reach.
Merit Medical Systems has received numerous awards and recognitions for its products and services. It has been named among the best places to work in Utah and has been recognized for its commitment to sustainability and social responsibility.
In conclusion, Merit Medical Systems Inc is a leading medical device company with a global presence in the interventional, diagnostic and therapeutic procedures market. The company has a long history of innovation, customer satisfaction, and commitment to sustainability and social responsibility.
Merit Medical Systems Inc. is a prominent player in the medical technology industry, providing a diverse array of products and services tailored to various medical specialties. The companys offerings are structured into several key segments, each focusing on specific medical applications. Below is an extensive description of these segments, along with the associated products and services:
1. Cardiovascular and Interventional Products:
This segment represents a core part of Merit Medical’s business, delivering innovative solutions for healthcare providers involved in cardiovascular diagnostics and interventions. The product lineup includes:
- Catheters: Various types such as angiographic, diagnostic, and therapeutic catheters used in minimally invasive procedures.
- Guidewires: Essential for navigating within the vascular system, offering precision and flexibility for multiple interventions.
- Embolization Devices: Products designed to occlude blood vessels, used in the treatment of tumors and vascular malformations.
- Diagnostic Catheters: Tools for performing diagnostic imaging and pressure measurement in cardiovascular settings.
- Angiography Solutions: Comprehensive systems that assist in imaging the blood vessels, combined with contrast media to enhance visualization.
- Embolization Coils: Used in procedures to occlude or block specific vascular areas, contributing to the treatment of aneurysms and other vascular lesions.
2. Endoscopy Products:
Merit Medical is committed to providing products that enhance endoscopic procedures. This segment features:
- Biopsy Devices: Tools that enable accurate tissue sampling during endoscopic examinations.
- Dilation Devices: Instruments that facilitate the widening of narrowed anatomical structures, essential for various therapeutic procedures.
- Stent Delivery Systems: Advanced systems for the effective placement of stents in anatomical locations, improving patient outcomes in obstructive conditions.
3. Peripheral Intervention Products:
Merit Medical also caters to the needs of peripheral interventions through:
- Drainage Catheters: Utilized for fluid management in various body cavities to prevent or relieve obstructions.
- Drainage Devices: Complementary products to the drainage catheters, providing effective solutions for fluid evacuation.
- Embolization Devices and Coils: Similar to cardiovascular offerings, these products are adapted for use in peripheral locations to address vascular issues.
4. Merit Sensor:
The Merit Sensor segment specializes in products focused on accurate measurements of pressure and temperature critical to numerous medical applications. Key products in this category are utilized in:
- Dialysis: Monitoring the pressures within dialysis circuits to enhance patient safety and treatment efficacy.
- Cardiac Catheterization: Providing necessary measurements during procedures to guide clinical decisions.
- Wound Management: Devices that assist in monitoring and managing pressure-sensitive areas to improve healing outcomes.
5. Merit OEM:
This segment focuses on providing Original Equipment Manufacturing (OEM) services, catering to other medical device manufacturers. Key services include:
- Design and Development: Collaborating with clients to create custom medical device solutions.
- Prototyping: Rapid development of prototypes to aid in product testing and validation.
- Manufacturing: Scalable production capabilities to meet the needs of various clients while adhering to stringent regulatory standards.
6. Merit Medical Systems Inc Services:
Beyond its product offerings, Merit Medical emphasizes service-oriented solutions to enhance customer satisfaction and operational efficacy. These services encompass:
- Installation: Professional setup of medical devices and systems within healthcare settings.
- Repair: Ongoing maintenance and repair services to ensure optimal device performance and longevity.
- Training: Comprehensive training programs for healthcare professionals to ensure proper utilization of products and technologies.
- Technical Support: Dedicated support services to address any operational queries or issues that may arise.
In summary, Merit Medical Systems Inc. significantly contributes to the healthcare sector with an extensive portfolio that spans cardiovascular, endoscopy, peripheral interventions, sensor technology, OEM services, and comprehensive support. The companys commitment to innovation and quality enables healthcare providers to deliver improved care and outcomes for patients worldwide.
1. Cardiovascular and Interventional Products:
This segment represents a core part of Merit Medical’s business, delivering innovative solutions for healthcare providers involved in cardiovascular diagnostics and interventions. The product lineup includes:
- Catheters: Various types such as angiographic, diagnostic, and therapeutic catheters used in minimally invasive procedures.
- Guidewires: Essential for navigating within the vascular system, offering precision and flexibility for multiple interventions.
- Embolization Devices: Products designed to occlude blood vessels, used in the treatment of tumors and vascular malformations.
- Diagnostic Catheters: Tools for performing diagnostic imaging and pressure measurement in cardiovascular settings.
- Angiography Solutions: Comprehensive systems that assist in imaging the blood vessels, combined with contrast media to enhance visualization.
- Embolization Coils: Used in procedures to occlude or block specific vascular areas, contributing to the treatment of aneurysms and other vascular lesions.
2. Endoscopy Products:
Merit Medical is committed to providing products that enhance endoscopic procedures. This segment features:
- Biopsy Devices: Tools that enable accurate tissue sampling during endoscopic examinations.
- Dilation Devices: Instruments that facilitate the widening of narrowed anatomical structures, essential for various therapeutic procedures.
- Stent Delivery Systems: Advanced systems for the effective placement of stents in anatomical locations, improving patient outcomes in obstructive conditions.
3. Peripheral Intervention Products:
Merit Medical also caters to the needs of peripheral interventions through:
- Drainage Catheters: Utilized for fluid management in various body cavities to prevent or relieve obstructions.
- Drainage Devices: Complementary products to the drainage catheters, providing effective solutions for fluid evacuation.
- Embolization Devices and Coils: Similar to cardiovascular offerings, these products are adapted for use in peripheral locations to address vascular issues.
4. Merit Sensor:
The Merit Sensor segment specializes in products focused on accurate measurements of pressure and temperature critical to numerous medical applications. Key products in this category are utilized in:
- Dialysis: Monitoring the pressures within dialysis circuits to enhance patient safety and treatment efficacy.
- Cardiac Catheterization: Providing necessary measurements during procedures to guide clinical decisions.
- Wound Management: Devices that assist in monitoring and managing pressure-sensitive areas to improve healing outcomes.
5. Merit OEM:
This segment focuses on providing Original Equipment Manufacturing (OEM) services, catering to other medical device manufacturers. Key services include:
- Design and Development: Collaborating with clients to create custom medical device solutions.
- Prototyping: Rapid development of prototypes to aid in product testing and validation.
- Manufacturing: Scalable production capabilities to meet the needs of various clients while adhering to stringent regulatory standards.
6. Merit Medical Systems Inc Services:
Beyond its product offerings, Merit Medical emphasizes service-oriented solutions to enhance customer satisfaction and operational efficacy. These services encompass:
- Installation: Professional setup of medical devices and systems within healthcare settings.
- Repair: Ongoing maintenance and repair services to ensure optimal device performance and longevity.
- Training: Comprehensive training programs for healthcare professionals to ensure proper utilization of products and technologies.
- Technical Support: Dedicated support services to address any operational queries or issues that may arise.
In summary, Merit Medical Systems Inc. significantly contributes to the healthcare sector with an extensive portfolio that spans cardiovascular, endoscopy, peripheral interventions, sensor technology, OEM services, and comprehensive support. The companys commitment to innovation and quality enables healthcare providers to deliver improved care and outcomes for patients worldwide.