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Merit Medical Systems Inc.

Medical Device Industry SOUTH JORDAN, Utah ~420 employees
Founded
--
Employees (Est.)
~420
21 leaders known
Total Funding
$1.4B
Funding Rounds
3
Last Funding
2023-12-06

About Merit Medical Systems Inc.

Merit Medical Systems, Inc., founded in 1987, is a leading manufacturer and marketer of proprietary disposable medical devices used in interventional, diagnostic, and therapeutic procedures. The company focuses on cardiology, radiology, oncology, critical care, and endoscopy, serving client hospitals and physicians worldwide with approximately 7,000 employees.

Products & Services

Prelude Wave™ Hydrophilic Sheath Introducer with SnapFix™ Technology:A device designed to advance radial access and overcome sheath securement challenges with a thin-wall design and unique retention features.
StatSeal & WoundSeal:Hemostasis products added to Merit's portfolio to standardize, simplify, and minimize post-procedure care across various procedures.
Embosphere Microspheres:Achieved CE Mark for Genicular Artery Embolisation to treat knee osteoarthritis.
SCOUT:Wire-free technology used to treat 750,000 patients.
WRAPSODY:Part of a North America Registry with the first patient enrolled.
Product Categories:Includes Access, Accessories, Balloons, Biopsy, Cardiac Rhythm Management, Catheters, Compression, Critical Care, Dialysis Access, Drainage, Electrophysiology, Embolics & Delivery Systems, GERD Treatment, Guide Wires, Inflation Devices, Interventional Spine, Kits and Packs, Monitoring Devices, Needles, Oncology, Safety, Snares, Stents, and Syringes.
Procedural Solutions:Covers Biopsy Solutions, Cardiac Catheterization, Critical Care Solutions, Dialysis Access, Distal Radial Access, Drainage Solutions, Embolotherapy, EP & CRM, Gastroenterology Stricture Management, Inflation Devices, Kits and Packs, Peritoneal Dialysis Solutions, Prostatic Artery Embolization, Pulmonary Stricture Management, Radial Access, Spine, Uterine Fibroid Embolization, and Venous Solutions.

Specialties

Breast Surgery Critical Care Electrophysiology Gastroenterology Interventional Cardiology Interventional Radiology Nephrology Oncology Pulmonology Radiology Surgery Cardiology Diagnostic Procedures Therapeutic Procedures Endoscopy

Funding History

Debug: View Raw Funding Data
# Type Amount Fields Date Fields Investors
1 RT: Convertible Senior Notes
T: -
FT: Convertible Senior Notes
A: 650000000
MR: -
FA: $650.0 million
FAN: 650000000
D: 2023-12-06
FD: 2023-12-06
-
2 RT: Convertible Senior Notes
T: -
FT: Convertible Senior Notes
A: 550000000
MR: -
FA: $550 million
FAN: 550000000
D: 2023-12-04
FD: 2023-12-04
-
3 RT: Debt
T: -
FT: Debt
A: 242000000
MR: -
FA: $242 million
FAN: 242000000
D: 2023-06-07
FD: 2023-06-07
1 investors
Convertible Senior Notes Latest
2023-12-06
$650.0M
Convertible Senior Notes 2023-12-04
$550.0M
Debt 2023-06-07
$242.0M

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Growth Metrics

+45%
Employee Growth
YoY
3.2x
Funding Growth
Last Round
12
Markets
Operating
10K+
Customers
Active

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Team & Leadership

F

Fred Lampropoulos

Founder, Chairman of the Board

F

F. Ann Millner

Lead Independent Director

LinkedIn (Pro only)
L

Lonny J. Carpenter

Director

S

Stephen C. Evans

Director

L

Lynne N. Ward

Chair of the Audit Committee

M

Michael McDonnell

Director

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Recent News

Merit Medical Systems Inc. Announces New Product Launch

2 days ago

Company unveils innovative solution to transform the industry, expanding market reach and capabilities...

Read more →

Leadership Team Expands with Industry Veteran

1 week ago

New executive brings 20+ years of experience to accelerate growth and strategic initiatives...

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Company Recognized as Industry Leader

2 weeks ago

Receives prestigious award for innovation and customer satisfaction in competitive market...

Read more →

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Key Competitors

C1

Competitor Alpha

Series B · $50M raised

C2

Competitor Beta

Series C · $120M raised

C3

Competitor Gamma

Series A · $25M raised

C4

Competitor Delta

Seed · $10M raised

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Company Details

Website
merit.com
Industries
Medical Device Industry
Company Size
~420 employees (est.)
Locations
SOUTH JORDAN, Utah
South Jordan, Utah

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