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Utah Medical Products Inc's Business Segments
Utah Medical Products 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 FY
Reportable Segments
4
Largest Segment
Gynecology Electrosurgery Urology
Total Revenue
$ 9
Regions Reported
-
Revenue Share by Reportable Segment - FY
- Gynecology Electrosurgery Urology0%
- Outside Us76.5%
- OutsideUsMember40.9%
- Neonatal26.8%
Revenue by Reportable Segment - FY
| Segment | Revenue (Millions) | % of Total |
|---|---|---|
| Gynecology Electrosurgery Urology | $ 10 | - |
| Outside Us | $ 7 | 76.5% |
| OutsideUsMember | $ 3 | 40.9% |
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Revenue by Product & Service Category - FY
- Gynecology Electrosurgery Urology32.5%
- Neonatal16.2%
- Blood Pressure Monitoring and Accessories9.3%
- Obstetrics9.1%
Revenue by Product & Service Category - FY
| Category | Revenue (Millions) | % of Total |
|---|---|---|
| Gynecology Electrosurgery Urology | $ 3 | 32.5% |
| Neonatal | $ 1 | 16.2% |
| Blood Pressure Monitoring and Accessories | $ 1 | 9.3% |
Product and service categories are a supplemental disclosure and are not required to sum to consolidated revenue or to the reportable segments above.
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Annual Results
Revenue Share by Reportable Segment - FY
- Gynecology Electrosurgery Urology0%
- Outside Us76.5%
- OutsideUsMember40.9%
- Neonatal26.8%
Revenue by Reportable Segment - FY
| Segment | Revenue (Millions) | % of Total |
|---|---|---|
| Gynecology Electrosurgery Urology | $ 10 | - |
| Outside Us | $ 7 | 76.5% |
| OutsideUsMember | $ 3 | 40.9% |
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Description of Utah Medical Products Inc
Utah Medical Products Inc. is a leading manufacturer of disposable medical devices headquartered in Midvale, Utah, United States. The company was founded in 1978 by Kevin L. Cornwell and is listed on the NASDAQ stock exchange under the ticker symbol UTMD. Utah Medical Products specializes in designing, manufacturing, and marketing a wide range of innovative medical devices used primarily in the areas of neonatal intensive care, gynecology, and other critical healthcare applications.
The company's product portfolio includes a variety of devices such as fetal monitoring accessories, obstetric and gynecologic devices, blood pressure monitoring systems, surgical suction instruments, and specialized kits used in various medical procedures. These products are developed to support healthcare professionals in providing safe and effective patient care, promoting positive health outcomes, and enhancing overall patient safety.
Utah Medical Products is known for its commitment to quality and innovation. The company has a dedicated research and development team that continually works on developing new technologies and improving existing products. This focus on innovation has led to numerous patented technologies that have set the company apart from its competitors.
Utah Medical Products emphasizes regulatory compliance and follows stringent quality control procedures. The company has received certifications such as ISO 13485, demonstrating its commitment to maintaining high-quality standards in design, development, production, and servicing of its products. Additionally, many of its products are FDA-approved, further ensuring their safety and efficacy.
The company's customer base includes hospitals, healthcare facilities, and medical professionals worldwide. Utah Medical Products has a strong global presence with distribution networks across North America, Europe, Latin America, Asia-Pacific, the Middle East, and Africa. The company's international partnerships enable it to serve the evolving needs of the global healthcare industry.
Utah Medical Products is also actively involved in corporate social responsibility initiatives. The company promotes ethical business practices, environmentally sustainable manufacturing processes, and community involvement. It contributes to various charitable organizations, undertakes employee volunteer programs, and supports healthcare-related educational programs.
From a financial perspective, Utah Medical Products has demonstrated consistent growth and profitability over the years. The company's revenue primarily comes from the sales of its medical devices and related accessories. It continuously invests in research and development, marketing, and global expansion to maintain its competitive edge in the dynamic healthcare industry.
In summary, Utah Medical Products Inc. is a renowned manufacturer of disposable medical devices, offering a diverse range of innovative products that complement critical healthcare interventions. With its commitment to quality, patient safety, and innovation, the company has positioned itself as a trusted partner for healthcare professionals worldwide.
The company's product portfolio includes a variety of devices such as fetal monitoring accessories, obstetric and gynecologic devices, blood pressure monitoring systems, surgical suction instruments, and specialized kits used in various medical procedures. These products are developed to support healthcare professionals in providing safe and effective patient care, promoting positive health outcomes, and enhancing overall patient safety.
Utah Medical Products is known for its commitment to quality and innovation. The company has a dedicated research and development team that continually works on developing new technologies and improving existing products. This focus on innovation has led to numerous patented technologies that have set the company apart from its competitors.
Utah Medical Products emphasizes regulatory compliance and follows stringent quality control procedures. The company has received certifications such as ISO 13485, demonstrating its commitment to maintaining high-quality standards in design, development, production, and servicing of its products. Additionally, many of its products are FDA-approved, further ensuring their safety and efficacy.
The company's customer base includes hospitals, healthcare facilities, and medical professionals worldwide. Utah Medical Products has a strong global presence with distribution networks across North America, Europe, Latin America, Asia-Pacific, the Middle East, and Africa. The company's international partnerships enable it to serve the evolving needs of the global healthcare industry.
Utah Medical Products is also actively involved in corporate social responsibility initiatives. The company promotes ethical business practices, environmentally sustainable manufacturing processes, and community involvement. It contributes to various charitable organizations, undertakes employee volunteer programs, and supports healthcare-related educational programs.
From a financial perspective, Utah Medical Products has demonstrated consistent growth and profitability over the years. The company's revenue primarily comes from the sales of its medical devices and related accessories. It continuously invests in research and development, marketing, and global expansion to maintain its competitive edge in the dynamic healthcare industry.
In summary, Utah Medical Products Inc. is a renowned manufacturer of disposable medical devices, offering a diverse range of innovative products that complement critical healthcare interventions. With its commitment to quality, patient safety, and innovation, the company has positioned itself as a trusted partner for healthcare professionals worldwide.
Utah Medical Products Inc. is a leading manufacturer of medical devices and supplies, primarily focusing on products that serve the healthcare industry, particularly in the fields of anesthesia, urology, and surgery. The company offers a diverse range of segments, products, and services designed to enhance clinical outcomes and improve patient and healthcare provider experiences.
Segments
1. Urology: This segment mainly focuses on products that assist healthcare providers in diagnosing and treating various urological conditions.
- Urinary Catheters: The company provides a wide range of catheters, including intermittent catheters, Foley catheters, and male external catheters. These products are designed for both short-term and long-term use, with features aimed at preventing urinary tract infections and ensuring patient comfort.
- Incontinence Products: Products in this category are designed to help manage urinary incontinence. This includes absorbent pads, protective underwear, and disposable underpads that cater to both adult and pediatric patients.
- Urological Accessories: This includes a variety of accessories such as drainage bags, leg bags, and catheter stabilization devices that ensure proper management and convenience for patients.
2. Anesthesia: In the anesthesia segment, Utah Medical Products Inc. provides various solutions that support surgical procedures and anesthesia delivery.
- Anesthesia Masks and Breathing Circuits: These include disposable and reusable anesthesia masks designed to optimize patient comfort while ensuring effective gas exchange.
- Intravenous (IV) Catheters and Accessories: The company offers a range of IV catheters that are designed for ease of use, patient safety, and minimal discomfort, alongside various IV administration set accessories.
- Monitoring Tools: This includes medical devices and monitors that help in providing real-time data during anesthesia, enhancing patient safety.
3. Surgical Products: This segment targets surgical settings, providing tools and products that assist in both general and specialized surgical procedures.
- Surgical Instruments: A range of surgical tools used in various procedures, including cutting, grasping, and suturing instruments.
- Sterilization Products: This includes products that help ensure the sterility of instruments, such as sterilization pouches and wraps designed for efficiency and ease of use.
- Surgical Drapes & Sheets: Disposable surgical drapes and sheets that are designed to maintain a sterile environment during surgical procedures.
Products
- Catheters: A specialized range of catheters catering to different medical needs, with particular focus on ergonomics and infection prevention.
- Diagnostic Devices: Tools that aid clinicians in the diagnosis and management of various medical conditions, crucial for effective patient care.
- Fluid Management Systems: Devices that enhance fluid delivery for surgeries and various medical treatments.
- Surgical Consumables: Products that are used during surgeries, such as gauze, sponges, and wound dressings.
Services
- Customer Support: Utah Medical Products offers comprehensive customer service that assists healthcare providers in selecting the correct products tailored for their needs. This includes technical support, product education, and usage training.
- Product Education and Training: The company often provides educational resources and training programs for healthcare professionals to ensure that they are competent in the usage of their products, enhancing clinical outcomes.
- Regulatory Compliance Support: Given the stringent regulations governing medical devices, the company assists healthcare providers in understanding and navigating compliance requirements, ensuring that all products are utilized in accordance with health regulations.
Conclusion
Utah Medical Products Inc. continues to innovate and expand its offerings in the healthcare market, with a strong focus on quality, safety, and patient comfort. Their commitment to enhancing medical practices through high-standard medical devices and exceptional customer service positions them as a trusted partner in the healthcare industry.
Segments
1. Urology: This segment mainly focuses on products that assist healthcare providers in diagnosing and treating various urological conditions.
- Urinary Catheters: The company provides a wide range of catheters, including intermittent catheters, Foley catheters, and male external catheters. These products are designed for both short-term and long-term use, with features aimed at preventing urinary tract infections and ensuring patient comfort.
- Incontinence Products: Products in this category are designed to help manage urinary incontinence. This includes absorbent pads, protective underwear, and disposable underpads that cater to both adult and pediatric patients.
- Urological Accessories: This includes a variety of accessories such as drainage bags, leg bags, and catheter stabilization devices that ensure proper management and convenience for patients.
2. Anesthesia: In the anesthesia segment, Utah Medical Products Inc. provides various solutions that support surgical procedures and anesthesia delivery.
- Anesthesia Masks and Breathing Circuits: These include disposable and reusable anesthesia masks designed to optimize patient comfort while ensuring effective gas exchange.
- Intravenous (IV) Catheters and Accessories: The company offers a range of IV catheters that are designed for ease of use, patient safety, and minimal discomfort, alongside various IV administration set accessories.
- Monitoring Tools: This includes medical devices and monitors that help in providing real-time data during anesthesia, enhancing patient safety.
3. Surgical Products: This segment targets surgical settings, providing tools and products that assist in both general and specialized surgical procedures.
- Surgical Instruments: A range of surgical tools used in various procedures, including cutting, grasping, and suturing instruments.
- Sterilization Products: This includes products that help ensure the sterility of instruments, such as sterilization pouches and wraps designed for efficiency and ease of use.
- Surgical Drapes & Sheets: Disposable surgical drapes and sheets that are designed to maintain a sterile environment during surgical procedures.
Products
- Catheters: A specialized range of catheters catering to different medical needs, with particular focus on ergonomics and infection prevention.
- Diagnostic Devices: Tools that aid clinicians in the diagnosis and management of various medical conditions, crucial for effective patient care.
- Fluid Management Systems: Devices that enhance fluid delivery for surgeries and various medical treatments.
- Surgical Consumables: Products that are used during surgeries, such as gauze, sponges, and wound dressings.
Services
- Customer Support: Utah Medical Products offers comprehensive customer service that assists healthcare providers in selecting the correct products tailored for their needs. This includes technical support, product education, and usage training.
- Product Education and Training: The company often provides educational resources and training programs for healthcare professionals to ensure that they are competent in the usage of their products, enhancing clinical outcomes.
- Regulatory Compliance Support: Given the stringent regulations governing medical devices, the company assists healthcare providers in understanding and navigating compliance requirements, ensuring that all products are utilized in accordance with health regulations.
Conclusion
Utah Medical Products Inc. continues to innovate and expand its offerings in the healthcare market, with a strong focus on quality, safety, and patient comfort. Their commitment to enhancing medical practices through high-standard medical devices and exceptional customer service positions them as a trusted partner in the healthcare industry.