Medigroup Inc.

What Medigroup Inc. does

Merit Medical Systems, Inc. is a publicly traded (NASDAQ: MMSI) medical device manufacturer founded in 1987 and headquartered in South Jordan, Utah. The company designs, manufactures, and markets proprietary medical devices used in interventional, diagnostic, and therapeutic procedures across cardiology, radiology, oncology, critical care, endoscopy, and interventional nephrology. Its product portfolio centers on peritoneal dialysis catheters (Flex-Neck family including Classic, ExxTended, and ARC variants), hemodialysis access products (HeRO Graft, Super HeRO, Centros and CentrosFLO Hemodialysis Catheters), complementary implantation systems (VP-211, VP-411, VP-511, MG-400 Y-TEC), and capital equipment (SCOUT Surgical Guidance Console and SCOUT Radiology Check Console) with associated extended service plans. The company serves approximately 40 countries through a global manufacturing footprint spanning North America, South America, Europe, and Asia, with sub-brands Merit OEM and Merit Sensor.

Merit Medical generates revenue primarily through direct hardware sales of proprietary medical devices to hospitals, acute care facilities, outpatient access centers, nephrology and dialysis specialists, and interventional radiologists and cardiologists. Its go-to-market combines enterprise field sales (orders via email and EDI), Group Purchasing Organization (GPO) contracts, and a global distribution network. Pricing is quote-based and not publicly disclosed, with standard products shipping within three business days and custom products requiring 6–10 weeks of lead time. The company has begun layering recurring service revenue through fee-based extended service plans covering installed capital equipment. Compliance posture includes ISO 13485:2016, FDA and EU MDR alignment, GDPR and CCPA privacy compliance, and a UK Modern Slavery Act statement. Leadership is anchored by Martha G. Aronson as President and CEO. With 7,400 employees and over 1,034 direct suppliers, Merit Medical operates at a scale that supports global distribution and regulatory depth as primary competitive moats.

Name

Medigroup Inc.

Legal name

Merit Medical Systems, Inc.

Website

https://medigroupinc.com

Company type

Public

Founded year

1987

Operating status

Operating

Headcount range

1–10 employees

Short description

Merit Medical Systems, Inc. is a Utah-based, NASDAQ-listed medical device manufacturer that designs and sells proprietary interventional, diagnostic, and therapeutic devices, including peritoneal dialysis catheters, hemodialysis access grafts, and implantation systems, serving hospitals and specialists across approximately 40 countries.

Ownership category

akta.pro rank

Product category

Medical Devices

NAICS

Surgical and Medical Instrument Manufacturing (339112), Surgical Appliance and Supplies Manufacturing (339113), Electromedical and Electrotherapeutic Apparatus Manufacturing (334510)

SIC

Surgical & Medical Instruments & Apparatus (3841), Electromedical & Electrotherapeutic Apparatus (3845)

akta.pro primary industry

Interventional Radiology & Image-Guided Therapy Systems (HLAHABAG)

akta.pro secondary industries

Single-Use Surgical Devices & Procedure Packs (Disposable instruments, drapes, kits) (HLAHADAM), Open & Minimally Invasive Surgical Instruments (Handheld, Laparoscopic, MIS) (HLAHADAA), Cardiac Assist & Heart Failure Therapies (Implantables, Neuromodulation) (HLAHAFAL)

Keywords

• Medical device manufacturing
• Dialysis catheters
• Vascular access devices
• Interventional cardiology devices
• Peritoneal dialysis supplies

Headquarters

HQ city

South Jordan

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Medical Device Sales: Merit Medical generates revenue through the sale of proprietary medical devices used in interventional, diagnostic, and therapeutic procedures. Products include peritoneal dialysis catheters, hemodialysis access grafts, implantation systems, and related accessories. Sales are made directly to healthcare facilities and professionals, with some distribution through channel partners.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

Medigroup Inc. designs, manufactures, and markets proprietary medical devices used in diagnostic and interventional cardiology, radiology, vascular surgery, and dialysis therapy. The product portfolio includes peritoneal dialysis catheters (Flex-Neck Classic, ExxTended, and ARC), hemodialysis catheters (Centros and CentrosFLO), the HeRO Graft and Super HeRO vascular access systems, laparoscopic and percutaneous catheter implantation systems (VP-211, VP-411, VP-511), the MG-400 Y-TEC peritoneoscope, and SCOUT surgical guidance and radiology check consoles. These devices are sold to hospitals, acute care facilities, and specialty physicians worldwide.

Product overview

Merit Medical is a manufacturer and marketer of proprietary medical devices used in interventional, diagnostic, and therapeutic procedures. The company's product portfolio centers on peritoneal dialysis catheters (including the Flex-Neck PD catheter line with Classic, ExxTended, and ARC variants), hemodialysis access products (HeRO Graft, Super HeRO, Centros and CentrosFLO Hemodialysis Catheters), and capital equipment (SCOUT Surgical Guidance Console, SCOUT Radiology Check Console). Merit Medical also offers complementary implantation kits and accessories including the VP-211, VP-411, and VP-511 Implantation Systems, peritoneoscopic equipment, and extended service plans for capital equipment. The company operates in clinical areas including radiology, interventional cardiology, vascular surgery, interventional nephrology, and interventional oncology.

Differentiator

Problem solved

Functional benefit

Brands

• Merit OEM: Original Equipment Manufacturer division of Merit Medical
• Merit Sensor

Products and services

• Flex-Neck Peritoneal Dialysis Catheters (Classic, ExxTended, ARC) Peritoneal dialysis (PD) catheters available in three variants — Classic, ExxTended, and ARC — used to deliver dialysis fluid into and drain it from the peritoneal cavity of patients with end-stage renal disease. Intended for nephrology teams and dialysis clinics treating ESRD patients.
• HeRO Graft A hemodialysis vascular access graft designed for catheter-dependent or fistula-failed patients, providing an alternative access route for long-term hemodialysis. Used by vascular surgeons, interventional radiologists, and nephrologists in hospital and outpatient settings.
• Super HeRO An advanced version of the HeRO Graft vascular access system for hemodialysis patients requiring durable, catheter-free vascular access. Targeted at vascular surgeons, interventional radiologists, and dialysis centers.
• Centros and CentrosFLO Hemodialysis Catheters Hemodialysis catheters featuring centrosymmetric tip design (and FLO version) intended for short-term and long-term vascular access for hemodialysis therapy. Used by nephrologists, interventional radiologists, and dialysis centers.
• VP-211 Laparoscopic Implantation System A laparoscopic catheter implantation system used to surgically place peritoneal dialysis catheters in patients. Intended for use by laparoscopic surgeons in hospital operating rooms.
• VP-411 Laparoscopic Implantation System A laparoscopic catheter implantation system designed for surgical placement of peritoneal dialysis catheters. Used by surgeons specializing in minimally invasive procedures.
• VP-511 Percutaneous Implantation System A percutaneous (non-surgical, image-guided) catheter implantation system used to place peritoneal dialysis catheters without laparoscopy. Used by interventional radiologists and nephrologists.
• MG-400 Y-TEC Peritoneoscope A peritoneoscope used during laparoscopic implantation procedures to visualize the peritoneal cavity when placing peritoneal dialysis catheters. Sold to hospitals and surgical centers performing PD catheter placement.
• SCOUT Surgical Guidance Console A console-based surgical guidance system that supports operating-room localization during peritoneal dialysis catheter implantation procedures. Sold to hospitals and surgical centers performing PD catheter placement.
• SCOUT Radiology Check Console A radiology console variant of the SCOUT guidance platform used for imaging-based check / localization workflows in radiology suites. Targeted at hospitals and interventional radiology departments.
• Consoles Extended Service Plan Extended post-warranty service and support contract for SCOUT consoles, providing maintenance and service coverage beyond the standard warranty. Purchased by hospitals and surgical centers that own SCOUT consoles.
• Surgical Guide Extended Service Plan Extended post-warranty service contract for surgical guide systems, providing ongoing maintenance and support coverage. Sold to existing surgical guide customers.

Quantifiable outcome

• 35% larger internal diameter compared to competitive catheters
• +1 more outcomes

Segments3 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

One partnership is on record.

• Third-Party Supply Chain Risk Assessment Software ProvidersupportingTechnology or IntegrationMerit Medical has partnered with a third-party software tool to assist in mapping its supply chain and conducting risk assessments for modern slavery and human trafficking risks among tier 1 suppliers.

Scale indicators3 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• ICU Medical: Specialty medical device company focused on IV therapy, critical care, and oncology infusion systems. Comparable to Merit as a direct peer selling single-use medical devices and consumables into the same hospital and acute-care channels.
• Penumbra: Specialty medical device company focused on interventional vascular and neurovascular thrombectomy and access. Comparable to Merit as a direct peer in interventional radiology, neurointerventional radiology catheters, and image-guided therapy devices.
• AngioDynamics: Medical device company specializing in vascular access, interventional oncology, and dialysis products. Comparable to Merit as a direct peer competing in dialysis catheters, vascular access, and image-guided interventional devices for similar clinical customers.
• Teleflex: Specialty medical device company focused on interventional access, surgical instruments, and anesthesia products. Comparable to Merit as a direct peer in catheter-based interventional devices and minimally invasive surgical instruments sold to the same hospital specialists.

Broad incumbents

• Boston Scientific: Major interventional cardiology, peripheral intervention, and endoscopy device manufacturer. Comparable to Merit as a broad incumbent competing directly in interventional cardiology, peripheral vascular, and endoscopy procedure kits sold to similar hospital customers.
• Medtronic: Global medical device leader with deep portfolios in interventional cardiology, vascular, and surgical instruments. Comparable to Merit as a broad incumbent whose cardiology and vascular franchises overlap with Merit's interventional radiology, cardiology, and vascular surgery products.
• Edwards Lifesciences: Focused medical device leader in cardiovascular and critical care monitoring. Comparable to Merit in the cardiovascular and critical-care device categories, and competes for the same hospital interventional accounts.
• Becton, Dickinson and Company (BD): Diversified medical technology company with a strong vascular access, dialysis, and surgical instruments portfolio. Comparable to Merit as a broad incumbent whose dialysis catheters, vascular access devices, and surgical instruments directly overlap with Merit's core product lines.
• Abbott: Diversified healthcare and medical device leader with interventional cardiology, vascular, and structural heart franchises. Comparable to Merit as a broad incumbent whose interventional and vascular portfolios overlap with Merit's cardiology and vascular procedure products.

Emerging players

• Outset Medical: Emerging player in home dialysis technology with the Tablo console system. Comparable to Merit as a developing competitor in the broader dialysis ecosystem whose home-dialysis push could influence demand for Merit's PD catheters and dialysis access devices over time.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/meritmedical
• YouTubeyoutube.com/user/meritmedical
• Facebookfacebook.com/meritmedicalsystems
• LinkedInlinkedin.com/company/medigroup-inc.
• Instagraminstagram.com/meritmedical

Compliance7 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries1 record

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about Medigroup Inc.