About Merit Medical
Merit Medical is a publicly listed company based in South Jordan (United States) founded in 1987. Medical devices for cardiology and radiology procedures are manufactured. The company has 7,400 employees. Merit Medical has completed 16 acquisitions, including Alveolus Medical, Biolife and Biosphere Medical. Its website merit.com draws about 149 thousand monthly visits. Its Indian entity Merit Medical Systems India Private Limited reported revenue of ₹42.15 Cr. Merit Medical offers products and services including Biopsy Solutions, Cardiac Catheterization, and Drainage Solutions. Its focus areas include Diversified Medical Devices.
Company details
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.
- Indian entity revenue₹42.15 Cr
FY 2025 · +36% YoY
- Indian entity net profit₹8.31 Cr
FY 2025 · 20% margin
- Indian entity EBITDA₹11.58 Cr
FY 2025 · 27% margin
- Investors
- Employee Count7,400
- Investments & AcquisitionsAlveolus Medical
& 15 more
Associated legal entities of Merit Medical
Merit Medical operates through Merit Medical Systems India Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Merit Medical Systems India Private Limited CIN U85100MH2012FTC227516 | Active | 29 Feb 2012 | Bengaluru, Karnataka | ₹42.1 Cr | 18 | 3 | View details |
Products & Services of Merit Medical
Merit Medical offers a comprehensive portfolio of products and services, including Biopsy Solutions, Cardiac Catheterization, and Drainage Solutions.
Tools for biopsy procedures in oncology and radiology
Equipment for heart diagnostic and therapeutic procedures
Systems for fluid management in medical settings
Apps and channels of Merit Medical
its YouTube channel Merit Medical has 16.4K subscribers and 30 videos.
Videos from Merit Medical
The most watched videos on Merit Medical's YouTube channel, Merit Medical (16.4K subscribers). Click a video to play it here.
More on Merit Medical.
Funding Insights of Merit Medical
- Total Rounds 3
- First Round $137,530
(May 2011)
- Investors Count 1
All 3 funding rounds of Merit Medical with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb 2024 | Post-IPO | – | – | ||
| Dec 2023 | $747.5M | Post-IPO | – | – | – |
| May 2011 | $137,530 | Post-IPO | – | – | – |
1 investors in total: 1 institutional.
Investors in Merit Medical
Merit Medical has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Envestnet.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Cloud-based solutions are offered for wealth management and financial advising. | 1999 | envestnet.com | Berwyn, United States |
Investor details for Merit Medical
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Board of directors of Merit Medical Systems India Private Limited (Merit Medical)
Merit Medical Systems India Private Limited is the primary company behind Merit Medical. The board of Merit Medical Systems India Private Limited currently have 3 directors; the longest-serving is Kathirvelu Balasubramaniyan, appointed in 2017. 11 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Kathirvelu Balasubramaniyan DIN 08007585 | Whole-time director | 06 Dec 2017 | 8 yrs 10 mo | Merit Medical Systems India Private Limited |
| Brian Glen Lloyd DIN 08193356 | Director | 21 Aug 2018 | 8 yrs 2 mo | Merit Medical Systems India Private Limited |
| Christian Adam Smith DIN 10934787 | Director | 04 Feb 2025 | 1 yr 8 mo | Merit Medical Systems India Private Limited |
People of Merit Medical
376 people are tracked at Merit Medical (148 in leadership, 8 in board & advisors, 220 in team); the tracked headcount is 7,400.
| Name | Role | Group |
|---|---|---|
Raul Parra | CFO | Leadership |
C. Adam Smith | Chief Commercial Officer (cco) | Leadership |
John Knorpp | Chief Regulatory Affairs Officer | Leadership |
Jake Deshon | Director Of Sales Operations | Leadership |
Keenan Holbert | Vice President Sales, East Coast (vascular) | Leadership |
Michael Adams | Director, Research And Development | Leadership |
Tracy Wood | National Vice President Strategic Accounts | Leadership |
Tyler Nielsen | Vp, Corporate Financial Planning And Analysis | Leadership |
Ken Johnson | Chief Counsel, Commercial Transactions | Leadership |
| Chief Legal Officer & Corporate Secretary | Leadership | |
Jason Treft | Chief Information Officer | Leadership |
Scipione Casari | Vice President Marketing, Europe, Middle East, Africa And Asia Pacific | Leadership |
Greg Talese | Business Development Director, OEM | Leadership |
Eric Nielson | Managing Director, Canada | Leadership |
Patricia Saillant | Regional Vice President, Sales | Leadership |
Christian Tamagnini | Managing Director Brazil/southern Cone | Leadership |
Anthony Ferry | Regional Sales Director FR Paris, North, West & Belux | Leadership |
David White | Vice-president, Global Strategic Sourcing | Leadership |
Steven Weir | Vp, TAI (testing Analysis Improvement) | Leadership |
David Kelly | Director, Commercial Fp&a | Leadership |
356 more people are available in the full profile.
Complete people profiles for Merit Medical
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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.
- IPO date09 Aug 1990
- Listed onNASDAQ: MMSI
- Listed entityMerit Medical Systems, Inc.
- Exchange sectorHealth technology
- ISINUS5898891040
- Share price$88.14 (-1.79% on the day) · 2026-10-13
- Market capitalisation$5.26B
- Price to earnings36.3
- EPS (diluted, trailing year)$2.43
- Volume (last session)842,160
Financials of Merit Medical
Figures of Merit Medical Systems India Private Limited, the primary company behind Merit Medical, for FY 2025. Revenue was ₹42.15 Cr (+36% year on year). Net profit was ₹8.31 Cr (20% margin). EBITDA was ₹11.58 Cr (27% margin). Revenue has grown at a compounded annual rate of +42% over three years and +34% over five years.
- ₹42.15 CrRevenue · FY 2025 · +36% YoY
- ₹8.31 CrNet profit · 20% margin
- ₹11.58 CrEBITDA · 27% margin
- ₹8.2 LakhPaid-up capital
- 18Employees (provident fund records)
- +42%Revenue CAGR, 3 years
- +34%Revenue CAGR, 5 years
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | $1.51B | $128.5M | $319.0M |
| 2024 | $1.35B | $120.4M | $271.2M |
| 2023 | $1.25B | $94.4M | $223.2M |
| 2022 | $1.15B | $74.5M | $191.1M |
| 2021 | $1.08B | $48.5M | $178.7M |
Balance sheet, profit and loss, cash flow and ratios of Merit Medical Systems India Private Limited are on its company page.
Detailed financial statements 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.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Manufacturer of implantable tissue marker | viewpointmed.com | San Clemente, United States | 2017 | Apr 2026 | $140M | |
Bleeding control and first-aid products are supplied by Biolife. | biolife.com | Sarasota, United States | 1999 | May 2025 | •••• | |
A convertible catheter-to-stent device is developed for nephroureteral applications. | brightwatermed.com | Mountain View, United States | 2011 | Jun 2019 | $35M | |
An infusion catheter for the occlusion of veins in patients with superficial venous reflux | vascularinsights.com | Quincy, United States | 2005 | Dec 2018 | $40M | |
Breast brachytherapy devices and surgical guidance systems are developed. | ciannamedical.com | Aliso Viejo, United States | 2007 | Oct 2018 | $200M | |
Recruitment and staffing services are provided across various sectors. | brightwater.ie | Dublin, Ireland | 1998 | Sep 2018 | •••• | |
Robotically steerable guidewires are developed for interventional cardiology and neuroradiology. | intellimedical.com.au | Scoresby, Australia | 2012 | Sep 2017 | •••• | |
Vertebral compression fractures are treated with specialized medical products. | osseon.com | Santa Rosa, United States | 2007 | Jul 2017 | •••• | |
Vascular access products are developed to prevent IV infections. | catheterconnections.com | Salt Lake, United States | 2008 | Feb 2017 | •••• | |
Minimally invasive devices for vertebral compression fractures are developed. | dfineinc.com | San Jose, United States | 2004 | Jul 2016 | •••• |
Complete acquisition details for Merit Medical
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Timeline of Merit Medical
14 dated milestones of Merit Medical across 39 years, from founding to its latest funding, stage changes and deals.
- Founded Merit Medical is founded.
- IPO Lists on the stock exchange (IPO).
- Funding First funding round of $138K.
- Acquisition Acquires DFine.
- Acquisition Acquires Catheter Connections.
- Acquisition Acquires Osseon.
- Acquisition Acquires IntelliMedical.
- Acquisition Acquires Brightwater.
- Acquisition Acquires Cianna Medical.
- Acquisition Acquires Vascular Insights.
- Acquisition Acquires BrightWater Medical.
- Funding Latest funding round, Post-IPO,.
- Acquisition Acquires Biolife.
- Acquisition Acquires View Point Medical.
Web traffic of Merit Medical
The website of Merit Medical (merit.com) receives about 148.9K visits a month.
- Monthly visits148.9K
▲ 31.3% vs previous month
Websites whose visitors overlap most with Merit Medical. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| meritoem.com | 100% | #2,910,512 | View details | ||
| vasc.com | 99% | 15K | #1,770,030 | View details | |
| neurometrix.com | 94% | 2.9K | #5,286,528 | View details | |
neways.com | neways.com | 82% | – | ||
| qosina.com | 78% | #754,651 | View details | ||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 37 similar websites and full traffic analytics for Merit Medical
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- 37 similar websites
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Top companies in Diversified Medical Devices
3 companies that operate in the same segment as Merit Medical (Diversified Medical Devices) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Medical equipment for treating over 30 chronic diseases is developed. | 1949 | Minneapolis, Minnesota, United States | USD 36.36 B | 95,000 | ||
Wide range of medical devices | 1979 | Marlborough, Massachusetts, United States | USD 20.07 B | 53,000 | ||
Healthcare solutions are provided by Johnson & Johnson globally. | 1886 | New Brunswick, New Jersey, United States | USD 94.18 B | 139,800 |
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Related news about Merit Medical
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.
Merit Medical has 7,400 employees.
The primary company behind Merit Medical, Merit Medical Systems India Private Limited, reported revenue of ₹42.15 Cr for FY 2025, up 36% year on year.
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.
Merit Medical operates through Merit Medical Systems India Private Limited.
The legal entities of Merit Medical currently have 3 directors, including Brian Glen Lloyd, Kathirvelu Balasubramaniyan, Christian Adam Smith.
The website of Merit Medical receives about 149 thousand visits a month.