Merit Medical

South Jordan, United States Founded: 1987 • Age: 39 yrs
Medical devices for cardiology and radiology procedures are manufactured.
Annual revenue $1.4B Latest available
Total funding - 3 rounds
Employees 7400 Tracked headcount
Investors 1 Known backers
Products 3 Services tracked
Competitors - Brand Intelligence

About Merit Medical

Merit Medical is a company based in South Jordan (United States) founded in 1987. The company has 7,400 employees as of December 31, 2024. Merit Medical has completed 16 acquisitions, including Alveolus Medical, Biolife and Biosphere Medical. Merit Medical offers products and services including Biopsy Solutions, Cardiac Catheterization, and Drainage Solutions.

  • Headquarter South Jordan, United States
  • Employees 7400 as on 31 Dec, 2024
  • Stage Public
  • Sectors
    Healthcare
  • Email
    Locked
  • Phone
    Locked
  • Website
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  • Social
    Locked
  • Legal Name Merit Medical Systems, Inc.
Operational Areas
Healthcare → Medical Devices & Diagnostics Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $1.35 B (USD)
    8.07
    as on Dec 31, 2024
  • Net Profit
    $120.36 M (USD)
    27.48
    as on Dec 31, 2024
  • EBITDA
    $271.18 M (USD)
    21.49
    as on Dec 31, 2024
  • Latest Funding Round
    Not available
  • Investors
  • Employee Count
    7400

    as on Dec 31, 2024

  • Investments & Acquisitions
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IPO & Listings of Merit Medical

Merit Medical is a publicly listed company on the NASDAQ with ticker symbol MMSI in USA, operating in the Health technology sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: NASDAQ · Ticker: MMSI · Sector: Health technology · USA

Products & Services of Merit Medical

Merit Medical offers a comprehensive portfolio of products and services, including Biopsy Solutions, Cardiac Catheterization, and Drainage Solutions.

Product name locked
Category locked
Primary

Tools for biopsy procedures in oncology and radiology

Product name locked
Category locked
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Equipment for heart diagnostic and therapeutic procedures

Product name locked
Category locked
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Systems for fluid management in medical settings

People of Merit Medical

Headcount 1000-5000
Employee Profiles 368
Board Members and Advisors 8
Employee Profiles
People
Raul Parra
CFO
People
Mike Voigt
CHRO
People
John Knorpp
Chief Regulatory Affairs Officer
People
Magdalena Pawelczak
Compliance Specialist

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Board Members and Advisors
people
Lynne N. Ward
Director
people
Lonny J. Carpenter
Director
people
David K. Floyd
Director
people
F. Ann Millner
Lead Independent Director

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Funding Insights of Merit Medical

Investors in Merit Medical

Merit Medical has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Envestnet.

All
Institutional
Investor Description Founded Year Domain Location
Cloud-based solutions are offered for wealth management and financial advising.
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Investor details for Merit Medical

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Investments & Acquisitions by Merit Medical

Merit Medical has strategically engaged in corporate development activities, having acquired 16 companies. Notable acquisitions include Alveolus Medical, Biolife and Biosphere Medical.

Investments
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Investment portfolio details for Merit Medical

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Acquisitions
Company Name Description Domain Location Founded Year Amount
Manufacturer of implantable tissue marker
Locked Locked 2017 Locked
Robotically steerable guidewires are developed for interventional cardiology and neuroradiology.
Locked Locked 2012 Locked
A convertible catheter-to-stent device is developed for nephroureteral applications.
Locked Locked 2011 Locked
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Complete acquisition details for Merit Medical

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Financial Statements - Merit Medical

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Detailed financials for Merit Medical

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Merit Medical Comparisons

Merit Medical Primary company
Description
Medical devices for cardiology and radiology procedures are ...
Location
South Jordan, United States
Founded Year
1987
Annual Revenue
$1.35 B (USD)
Net Profit
$120.36 M (USD)
EBITDA
$271.18 M (USD)
Employees
7,400
As of 2024
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Peer comparison for Merit Medical

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Competitors of Merit Medical

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Detailed competitors of Merit Medical

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Latest news on Merit Medical

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Complete news archive for Merit Medical

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Frequently Asked Questions about Merit Medical

Merit Medical was founded in 1987 and raised its 1st funding round 24 years after it was founded.

Merit Medical is headquartered in South Jordan, United States. It is registered at South Jordan, Utah, United States.

As of Dec 31, 2024, the latest employee count at Merit Medical is 7,400.

Annual revenue of Merit Medical is $1.35B as on Dec 31, 2024.

Merit is a manufacturer of medical devices used in diagnostic interventional cardiology radiology procedures. Its primary products consist of inflation devices used in angioplasty, stent placement discography, diagnostic therapeutic catheters used for various procedures in cardiology, gastroenterology, radiology guide wires used to place balloon angioplasty catheters within a patients coronary arteries. Its products used to manage monitor the administration of contrast other fluid solutions during the diagnostic therapeutic procedures. It provides thrombolytic catheters fluid dispensing systems, angiography accessories standard custom angiography kits.

Merit Medical offers Biopsy Solutions, Cardiac Catheterization, and Drainage Solutions.

Yes, Merit Medical is publicly traded on NASDAQ under the ticker symbol MMSI.

Merit Medical has made 16 acquisitions, including Alveolus Medical, Biolife, and Biosphere Medical.

Merit Medical has 1 investor. Key investors include Envestnet.

The ticker symbol of Merit Medical is MMSI on NASDAQ.

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