ICU Medical Inc - Company Profile
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Business Description
ICU Medical Inc (ICU Medical) focuses on the development, sales, and distribution of proprietary medical connection systems used in infusion therapy and critical care applications. The company designs various products to protect patients from catheter related bloodstream infections and infectious diseases by means of accidental needle sticks. The company offers its products to acute care hospitals and ambulatory clinics in more than 90 countries. The company reports its operations under seven product categories: Infusion Consumables, Infusion Systems, Critical Care, IV Solutions, Infusion Systems-Smiths Medical, Vascular Access-Smiths Medical and Vital Care-Smiths Medical.
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R&D Overview
ICU Medical conducts research and development (R&D) to develop new products and advance the existing product lines. It includes R&D expenses such as compensation and benefit expenses, samples, travel costs, consulting fees, production supplies, utilities and other miscellaneous administrative costs. As of FY2022, it operates three R&D facilities worldwide located at, San Clemente, and San Diego in California, the US; and at Chennai, Tamil Nadu, India. In FY2022, ICU Medical spent US$92.98 million on its R&D, which as a percentage of revenue stood at 4.1% and representing an increase of 95.8%.
Product Categories
- Critical care
- Infusion Consumables
- Infusion Systems
- Infusion Systems-Smiths Medical
- IV Solutions
- Vascular Access-Smiths Medical
- Vital Care Smiths Medical
Overview
- Offers a portfolio of monitoring systems and advanced sensors and catheters that help clinicians get real-time access to patients’ hemodynamic and cardiac status. - Major products include Cogent 2-in-1 hemodynamic monitoring system; CardioFlo hemodynamic monitoring system; TDQ and OptiQ cardiac output monitoring catheters; TriOx venous oximetry catheters; Transpac blood pressure transducers; and SafeSet closed blood sampling and conservation system.
Performance
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Overview
Offers infusion therapy sets, closed system transfer devices (CSTD) and hazardous drug compounding systems to hospitals and ambulatory clinics. - Major infusion therapy portfolio includes Clave needlefree products, SwabCap disinfecting cap, Tego hemodialysis connector, and ClearGuard HD antimicrobial barrier caps. - Major CSTDs include ChemoLock, Diana and ChemoClave for the preparation and administration of hazardous drugs; and Diana, an automated hazardous drug compounding system.
Performance
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Overview
Comprises infusion pumps hardware, dedicated IV sets and software. - Major products include Plum 360 infusion pump; LifeCare PCA, an ICU Medical MedNet infusion pump for patient-controlled analgesia; and ICU Medical MedNet enterprise-class medication management platform. - Critical professional services include customized and personalized configuration, implementation, and data analytics services.
Performance
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Overview
Offers disposables, infusion pumps and safety software to use in both the hospital and home settings.
Performance
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Overview
Comprises IV solutions, irrigation solutions, and nutritionals. - Major IV therapy and diluents include balanced electrolyte solutions, sodium chloride, dextrose, lactated ringer's, ringer's, mannitol, sodium chloride/dextrose and sterile water. - Crucial irrigation solutions include sodium chloride irrigation, sterile water irrigation, ringer's irrigation, acetic acid irrigation, glycine irrigation, physiologic solutions, sorbitol-mannitol irrigation, flexible containers and pour bottle options.
Performance
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Overview
Offers Smiths Medical products for safely access of the patients bloodstream. It includes Jelco, DELTEC, Portex, Powerwand and MEDEX
Performance
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Overview
Offers devices and systems to maintain the patients body temperature in after surgery.
Performance
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Geographical Segments
Performance
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Performance
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Performance
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Performance
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