Merit Medical Systems Revenue, Growth & Competitor Profile

DBA MERIT MEDICAL GMBH

Company Profile & Annual Report for Merit Medical Systems

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Merit Medical Systems Fast Facts

Revenue	Over $500 million    See Exact Annual Revenue
Employees	Over 1,000Exact Company Size
Primary Industry	339112 Surgical & Medical Instrument Manufacturing
Additional NAICS Codes	42345 Medical, Dental & Hospital Equipment & Supplies Merchant Wholesalers
Address	1600 West Merit Parkway South Jordan, UT 84095

Merit Medical Systems's Annual Report & Profile shows critical firmographic facts:

• What is the company's size? (Annual sales and employees)
  • Merit Medical Systems's annual revenues are Over $500 million (see exact revenue data)
• What industry is the company in?
  • Merit Medical Systems is classified as operating in the Surgical & Medical Instrument Manufacturing industry, NAICS Code 339112.

Merit Medical Systems is a publicly traded company on NMS using the ticker symbol MMSI. Detailed information on company financials and operating reports can be found here: NMS: MMSI

Merit Medical Systems Annual Revenue and Growth Rate

Merit Medical Systems	Revenue Est. ($ Million)	Growth Rate (%)	# Employees
2023	Over $500 million Details in Premium Report
2022
2021
2020
2019

1-Year Growth Rate: 3-Year Growth Rate (CAGR):

Note: Merit Medical Systems's revenues are gauged from an analysis of company filings.

Trademark Applications

Trademark applications show the products and services that Merit Medical Systems is developing and marketing. Merit Medical Systems's new tradmarks suggest it is investing in R&D and marketing, while expanding into new products or markets. Trademarks may include brand names, product names, logos and slogans.

Trademark	Date
DURAFLOW Catheters	12/29/2023
BASIXSKY medical device, namely, inflation device	08/29/2023
BIG60 ALPHA medical device, namely, inflation device	08/29/2023

See all trademarks and details in the Full Report.

Market Share of Merit Medical Systems's Largest Competitors

A competitive analysis shows these companies are in the same general field as Merit Medical Systems, even though they may not compete head-to-head. These are the largest companies by revenue. However, they may not have the largest market share in this industry if they have diversified into other business lines. The "Competition" section of a business plan or investment memorandum would start by analyzing the information about these companies. Competitive advantage comes from offering better pricing or superior products/service.

Company	Headquarters	Revenue ($ MM)
EMBECTA	Parsippany, NJ	100
STRUCTURE MEDICAL	Mooresville, NC	34
AUTOCAM MEDICAL DEVICES	Kentwood, MI	30
SCHARNBERG HOLDING	Des Moines, IA	26
SPECIALTY SURGICAL INSTRUMENTATION	Antioch, TN	24
MIDWEST INTERVENTIONAL SYSTEMS	Maple Grove, MN	19
VITA NEEDLE	Needham, MA	17
PYLANT MEDICAL	Grapevine, TX	17
MEDTEC	Orange City, IA	16

Nearby Competitors

These companies are similar in business line and location to Merit Medical Systems. While some companies compete with neighboring businesses for customers, other companies may compete to attract skilled employees.

Company	Headquarters	Revenue ($ MM)
MERIT MEDICAL SYSTEMS	South Jordan, UT	100
ORTHO DEVELOPMENT	Draper, UT	10
UTAH MEDICAL PRODUCTS	Midvale, UT	5
VIA DIGITAL SOLUTIONS	Draper, UT	3
XLEAR	American Fork, UT	2
KT HEALTH	American Fork, UT	2

Future Competition: Merit Medical Systems's Fastest Growing Competitors

These companies are in the same general field as Merit Medical Systems and are rapidly expanding. Companies may grow organically or through acquisition. In some cases apparently high growth rates may be caused by data that weren't available in previous years.

Company	Revenue ($ MM)