Utah Medical Products
Utah Medical Products (NASDAQ: UTMD), founded 1978, develops and manufactures specialty medical devices for women's and infant healthcare — including electrosurgical generators, catheters, enteral feeding systems, and neonatal vascular access products — distributed in over 100 countries via 300+ distributors and Femcare subsidiaries.
- Company typePublic
- Founded1978
- HeadquartersMidvale, United States
- Headcount101–250
- GTM typeB2B
- OfferingHardware or Manufacturing
What Utah Medical Products does
Utah Medical Products, Inc. (NASDAQ: UTMD), founded in 1978 and headquartered in Midvale, Utah, develops, manufactures, and markets specialty medical devices primarily for women's and infant healthcare. The portfolio spans six clinical specialties: gynecology (Finesse+ electrosurgical generators with Controlled Output Circuitry+ and integrated smoke evacuation; UtahLoop and C-LETZ electrodes; OptiSpec LED cervical light), obstetrics (CVX-Ripe dual-balloon cervical ripening catheter; BT-Cath balloon tamponade catheter for postpartum hemorrhage), neonatology/pediatrics (PICC-Nate neonatal PICCs in 1.1/1.9/3.0 Fr; Nutri-Cath ENFit enteral feeding systems; ABC TinyDraw microvolume blood sampling), urology (Supra-Foley suprapubic catheter introducer), critical care (Liberty pelvic floor stimulation system for urinary incontinence), and an OEM/biopharma line including HP-PRT pressure sensors. Differentiated technologies include FinCQM dispersive pad monitoring, Safe-T-Gauge depth control, EasyFill single-person inflation, and an FDA PMA for the Filshie Clip System used in over 12 million procedures globally since 1982.
The company operates owned manufacturing in Midvale, Utah and Athlone, Ireland, with Femcare-owned sales/marketing subsidiaries in Romsey (UK), Castle Hill (Australia), and Mississauga (Canada). It reaches over 100 countries via more than 300 international distributors and direct-to-end-user sales in Australia, New Zealand, Canada, France, Ireland, and the UK. Revenue is generated almost entirely from proprietary hardware sales across these device franchises, supplemented by OEM contract manufacturing (historically including PendoTECH) and biopharma sensor sales. Direct enterprise field sales, phone/email ordering, and a storefront.utahmed.com e-commerce channel support the GTM motion alongside specialty medical conferences (ASCCP, AWHONN, NANN, FIME).
FY2025 net sales were $38.5M (down 5.8% YoY from $40.9M in 2024), with FY2025 net income of $11.3M (down 18.7%) and EPS of $3.48 (down 12.1%). Q1 2026 revenue declined a further 10.2% YoY following the loss of the China distributor and the end of PendoTECH OEM sales. The company is publicly traded with no parent company, maintains minimal debt, and has been actively repurchasing shares; it employs approximately 175 staff globally, with 30% based outside the United States.
Utah Medical Products firmographics
Firmographics- Name
- Utah Medical Products
- Legal name
- Utah Medical Products, Inc.
- Website
- https://utahmed.com
- Company type
- Public
- Founded year
- 1978
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Utah Medical Products (NASDAQ: UTMD), founded 1978, develops and manufactures specialty medical devices for women's and infant healthcare — including electrosurgical generators, catheters, enteral feeding systems, and neonatal vascular access products — distributed in over 100 countries via 300+ distributors and Femcare subsidiaries.
- Ownership category
- akta.pro rank
Utah Medical Products industry classification
Industry- Product category
- Medical Devices
- NAICS
- Surgical Appliance and Supplies Manufacturing (339113), Surgical and Medical Instrument Manufacturing (339112), Electromedical and Electrotherapeutic Apparatus Manufacturing (334510), Medical Equipment and Supplies Manufacturing (3391)
- SIC
- Surgical & Medical Instruments & Apparatus (3841), Electromedical & Electrotherapeutic Apparatus (3845)
- akta.pro primary industry
- Single-Use Medical Disposables & Procedure Kits (Drapes, Tubing, Catheters, Syringes, Custom Packs) (HLAHANAG)
- akta.pro secondary industry
- Infusion Sets, Catheters & Pump Consumables (HLAHAIAH)
Keywords
Where Utah Medical Products is headquartered
LocationHeadquarters
- HQ city
- Midvale
- HQ country
- United States
- HQ region
- North America
Offices5 records
Markets served
Utah Medical Products business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Medical Device Sales: Sale of proprietary medical devices for women's and infant healthcare, including electrosurgical generators, catheters, enteral feeding systems, and neonatal products
- OEM/Contract Manufacturing: Custom manufacturing of medical devices for other medical device companies (historically including PendoTECH)
- International Distribution: Sales through international distributors and direct sales in select countries (Australia, NZ, Canada, France, Ireland, UK)
Go-to-market motion2 records
Distribution channels4 records
Marketing channels4 records
Utah Medical Products product offering
Product offeringCore offering
Utah Medical Products develops, manufactures, and markets specialty medical devices focused on women's and infant healthcare. Its portfolio includes electrosurgical generators with integrated smoke evacuation, gynecological electrodes (LEEP/LETZ), the Filshie Clip System with Sterishot II applicator for female sterilization, neonatal PICC catheters, ENFit enteral feeding systems, balloon tamponade catheters for postpartum hemorrhage, cervical ripening catheters, suprapubic catheter introducers, and closed blood sampling systems. The company also supplies OEM pressure sensors for biopharmaceutical processing and provides contract manufacturing for other medical device firms.
Product overview
Utah Medical Products develops, manufactures, and markets specialty medical devices for women's and infant healthcare, with products distributed in over 100 countries. The portfolio includes the Filshie Clip System with Sterishot II applicator for female sterilization, Finesse+ electrosurgical generators with integrated smoke evacuation, UtahLoop and C-LETZ gynecological electrodes, OptiSpec cervical illumination lights, PICC-Nate neonatal vascular access catheters, Nutri-Cath enteral feeding systems with ENFit and Nutri-Lok safety connectors, BT-Cath balloon tamponade catheters for postpartum hemorrhage management, CVX-Ripe cervical ripening catheters, Supra-Foley suprapubic catheter introducers, and ABC TinyDraw blood sampling systems. The company also offers biopharma processing products including HP-PRT pressure sensors and OEM manufacturing capabilities through its Femcare subsidiary.
Differentiator
Problem solved
Functional benefit
Brands
- Femcare: Subsidiary recognized for leading global brand the Filshie Clip System for female surgical contraception
- Filshie
- Liberty
- Sterishot
- BT-Cath
- CVX-Ripe
- Finesse
- Nutri-Cath
- PICC-Nate
- Supra-Foley
- ABC TinyDraw
- UtahLoop
- OptiSpec
Products and services
- Filshie Clip System with Sterishot II FDA-approved female sterilization tubal occlusion device consisting of Filshie Clips and a Sterishot II single-patient use applicator, used by gynecologists and surgeons for permanent contraception by occlusion of the Fallopian tubes. Recognized globally as a leading brand with over 12 million clips applied since 1982.
- Finesse+ Electrosurgical Generator
Quantifiable outcome
- 59.8% gross profit margin in 2023
- +4 more outcomes
Companies that use Utah Medical Products
Customer profileNamed customers1 record
Segments6 records
Ideal customer profiles5 records
Utah Medical Products technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration1 record
Feature14 records
Utah Medical Products partnerships and signals
Strategic signalScale indicators11 records
Recent moves6 records
Expansion highlights5 records
Utah Medical Products competitors and assessment
Company assessmentBroad incumbents
- Hologic: Hologic is a large women's health MedTech company spanning diagnostics, surgical (MyoSure, NovaSure), and breast health — comparable to UTMD in targeting OB/GYN clinicians and hospitals, with overlapping presence in gynecological procedure devices.
- Teleflex: Teleflex is a diversified medical device company with neonatal and surgical catheter platforms comparable to UTMD's PICC-Nate neonatal vascular access and CVX-Ripe cervical ripening catheters, plus urology overlap with Supra-Foley.
- Becton Dickinson (BD): BD is a global medical device leader with blood sampling, vascular access, and enteral feeding products directly comparable to UTMD's ABC TinyDraw closed blood sampling, PICC-Nate catheters, and Nutri-Cath enteral systems.
- CooperSurgical (Cooper Companies): CooperSurgical is a major women's health and fertility medical device company with overlapping products in gynecological surgical instruments, contraception, and reproductive medicine — directly comparable to UTMD's gynecology and obstetrics portfolio but at significantly larger scale.
- Integra LifeSciences: Integra LifeSciences is a specialty medical device company with surgical and neonatal portfolios that overlap UTMD's targeted procedural niches, particularly in smaller-scale hospital and specialty clinical settings.
- Merit Medical Systems: Merit Medical manufactures specialty catheters, guidewires, and neonatal/infant care devices, with comparable catheterization products to UTMD's Supra-Foley and CVX-Ripe product lines and overlapping hospital sales channels.
Direct peers
- ICU Medical: ICU Medical specializes in IV therapy, catheters, and enteral feeding systems with safety connectors — directly comparable to UTMD's Nutri-Cath ENFit feeding systems, PICC lines, and broader catheter portfolio sold to hospitals.
- Conmed: Conmed manufactures electrosurgical generators and disposable electrodes (hybresion, argon) used in gynecological and laparoscopic surgery, making it the most direct competing product line to UTMD's Finesse+ generators, UtahLoop, and C-LETZ electrodes.
- Halma plc: Halma is a diversified group of medical device and safety businesses including fetal monitoring, neonatal care, and obstetric/surgical devices — directly comparable niche medical device profile to UTMD's women's and infant healthcare specialty focus.
Others
- STERIS: STERIS is a major sterilization and infection prevention company — relevant as adjacent infrastructure rather than a direct competitor, but comparable in addressing hospital infection prevention needs alongside UTMD's disposable procedure kit strategy.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights6 records
Customer concentration
Utah Medical Products social profiles
Digital presenceUtah Medical Products financial estimates
Financial estimateRevenue estimate
Valuation estimate
Utah Medical Products leadership team
Management profileNumber of profiles
Profiles2 records
Utah Medical Products subsidiaries and ownership
Company hierarchySubsidiaries4 records
Utah Medical Products funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Utah Medical Products M&A and investment
M&A and investmentM&A2 records
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Utah Medical Products
What does Utah Medical Products do?
Utah Medical Products develops, manufactures, and markets specialty medical devices focused on women's and infant healthcare. Its portfolio includes electrosurgical generators with integrated smoke evacuation, gynecological electrodes (LEEP/LETZ), the Filshie Clip System with Sterishot II applicator for female sterilization, neonatal PICC catheters, ENFit enteral feeding systems, balloon tamponade catheters for postpartum hemorrhage, cervical ripening catheters, suprapubic catheter introducers, and closed blood sampling systems. The company also supplies OEM pressure sensors for biopharmaceutical processing and provides contract manufacturing for other medical device firms.
Is Utah Medical Products a public or private company?
Utah Medical Products is a public company. It is classified as public and is currently operating.
When was Utah Medical Products founded?
Utah Medical Products was founded in 1978. It employs 101 to 250 people.
Where is Utah Medical Products based?
Utah Medical Products is headquartered in Midvale, United States, in the North America region.
How does Utah Medical Products make money?
Three revenue lines are on record. Medical Device Sales are the primary driver. The others are OEM/Contract Manufacturing and international Distribution.
Who are Utah Medical Products's main competitors?
Broad incumbents on record are Hologic, Teleflex, Becton Dickinson (BD), CooperSurgical (Cooper Companies), Integra LifeSciences and Merit Medical Systems. Direct peers are ICU Medical, Conmed and Halma plc. STERIS is listed as an others.
Does Utah Medical Products have an API?
No public API is recorded for Utah Medical Products.
What industry is Utah Medical Products in?
Utah Medical Products's product category is Medical Devices. Its primary akta.pro industry code is HLAHANAG, Single-Use Medical Disposables & Procedure Kits (Drapes, Tubing, Catheters, Syringes, Custom Packs), with a secondary code of HLAHAIAH, Infusion Sets, Catheters & Pump Consumables. Its NAICS code is 339113 and its SIC code is 3841.