Utah Medical Products

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.

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

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

• Specialty medical devices
• Women's healthcare devices
• Neonatal medical devices
• Electrosurgical generators
• Obstetric medical devices

Headquarters

HQ city

Midvale

HQ country

United States

HQ region

North America

Offices5 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Medical Device Sales: Sale of proprietary medical devices for women's and infant healthcare, including electrosurgical generators, catheters, enteral feeding systems, and neonatal products
2. OEM/Contract Manufacturing: Custom manufacturing of medical devices for other medical device companies (historically including PendoTECH)
3. 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

Core 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

Named customers1 record

Segments6 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Feature14 records

Scale indicators11 records

Recent moves6 records

Expansion highlights5 records

Broad 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

• LinkedInlinkedin.com/company/utah-medical-products

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A2 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Utah Medical Products