MMSI

NASDAQ:MMSI

Merit Medical

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  • Stock

93.20

−1.32%

8.44

USD last updated 13/08 01:59:42

Last Close

84.76

12/08 20:29

Market Cap

5.07B

Beta: 0.99

Volume Today

552.49K

Avg: 277.41K

PE Ratio

45.39

PFCF: 63.64

The global erectile dysfunction devices market is expected to grow at a compound annual growth rate (CAGR) of approximately 8% by 2032, reaching a market size of USD 3 billion. The expansion is driven by rising incidences of erectile dysfunction linked to chronic conditions such as diabetes, cardiovascular disease, hypertension, and obesity, as well as an aging male population. North America led the market in 2024 due to high prevalence rates and increasing awareness. Key players include Comphya SA, Coloplast Group, Boston Scientific Corporation, and others. Innovations such as Comphya's CaverSTIM implantable neuromodulator, which received FDA IDE approval in January 2025, are advancing treatment options. However, high device costs and complexity remain significant barriers to adoption, especially in developing regions.

globenewswire.com

Inspire Medical Systems, a U.S.-based company that develops implantable devices for treating moderate to severe obstructive sleep apnea (OSA) by stimulating the hypoglossal nerve, reported strong revenue growth in 2024 with $802.8 million in revenue and 28% year-over-year growth, reaching profitability with $53.5 million in net income and a 6.7% profit margin. The company expanded its U.S. footprint by opening 1,435 new implant centers and launching its next-generation Inspire V device in mid-2025. Despite strong fundamentals, including a debt-free balance sheet, high gross margins of 85%, and a strong patient adoption track record, the stock declined significantly after Q2 2025 earnings, driven by concerns over competition from GLP-1 weight-loss drugs like Zepbound and Wegovy, which have FDA approval for sleep apnea treatment, as well as delays in the Inspire V rollout and lower-than-expected margins. Investors are pricing in high future growth with a forward P/E of 72.1x, though free cash flow remains negative at -1.51%, raising concerns about execution and long-term sustainability. The company remains the market leader in implantable OSA therapy with about 85% of market revenue, but faces growing competition from rivals such as Nyxoah, LivaNova, and Medtronic. Key risks include potential displacement of patients by weight-loss drugs, regulatory changes in insurance reimbursement, and margin pressures. The next earnings update is expected in early November 2025, with clinical data for Inspire V to be presented at the American Academy of Otolaryngology meeting in October 2025.

finimize.com

Cryofocus Medtech (Shanghai) Co., Ltd. reported a 162.4% increase in revenue for the six months ended June 30, 2025, reaching RMB51.1 million, primarily driven by its respiratory intervention products such as the Malignant Stenosis Cryoablation System and Cryoadhesion System. The Malignant Stenosis Cryoablation System received approval from China’s National Medical Products Administration, while the Cryoadhesion System is already commercialized. The Asthma Cryoablation System was designated a 'Breakthrough Medical Device' by the U.S. FDA, supporting global market expansion. The company achieved a gross profit margin of 67.1% and increased cash reserves to RMB63.7 million, despite reducing R&D expenses. Cryofocus is transitioning from an R&D-driven model to a dual-engine model integrating R&D and commercialization, aiming to become a global leader in minimally invasive interventional cryotherapy medical devices.

theglobeandmail.com

The enterprise medical image viewers market is projected to grow significantly by 2034, driven by rising chronic disease prevalence, an aging global population, and increasing healthcare spending. Cloud-based solutions are gaining traction due to their scalability, accessibility, and support for telemedicine. Key players include McKesson Corporation, GE Healthcare, Merge Healthcare Inc., Agfa-Gevaert Group, Philips Healthcare, Siemens Healthineers, Cerner Corporation, Kofax, Novarad Corporation, and Mach7 Technologies Ltd. Market growth is challenged by cybersecurity concerns, particularly around patient data protection. North America is expected to lead the market due to strong healthcare infrastructure, high expenditures, and favorable regulations. Recent developments include Philips launching a cloud-enabled interoperability platform, Intelerad acquiring Life Image, and Bayer acquiring Blackford Analysis to enhance AI-driven medical imaging capabilities.

openpr.com

The global ultrasonic aspirator market is projected to grow at a CAGR of 6.2% from 2024 to 2031, driven by rising demand for minimally invasive surgical procedures, technological advancements, increasing prevalence of neurological disorders and cancers, and a growing geriatric population. Key developments include Stryker's launch of the Sonopet® iQ in July 2025, Integra LifeSciences receiving FDA clearance for the Vantage model in June 2025, and B. Braun's $25 million investment in 2025 to expand production. Japan saw introductions of the Nipro Ultrasonic Surgical Aspirator, Olympus Medical Systems' Visera Elite model, and Hitachi Medical's portable prototype. Market segments are categorized by type, application, and end-user. Major players include Olympus Corporation, Stryker, Integra LifeSciences, Soring GmbH, Biomedical Systems India Pvt Ltd, Xcellance Medical Technologies, Misonix, Meta Dynamic, Inc., InnoSound Technologies, Inc., and Cybersonics, Inc. North America leads in market share, while Asia-Pacific is expected to grow fastest due to improving healthcare infrastructure and medical tourism.

openpr.com

    Description

    Merit Medical Systems, Inc. designs, develops, manufactures, and markets single-use medical products for interventional, diagnostic, and therapeutic procedures, primarily in cardiology, radiology, oncology, critical care, and endoscopy. The company operates in two segments, Cardiovascular and Endoscopy. It provides peripheral intervention products for the diagnosis and treatmen...Show More

    Earnings

    Earnings per Share (Estimate*)

    0.20.40.60.82017-07-262019-07-252021-07-292023-07-252024-10-30

    Revenue (Estimate*)

    100M200M300M400M2017-07-262019-07-252021-07-292023-07-252024-10-30

    *Estimate based on analyst consensus