Getinge’s principal activities are the manufacture and supply of medical equipment used in operating rooms, intensive-care units, care units, sterilisation centres, elderly care and by companies and institutions that are active in the Life Science area. The company has grown significantly over the past 15 years through the development of its existing business and a string of strategic acquisitions, including: Arjo in 1995, MDT Castle (1996), Parker Bath and Maquet (2000), ALM (2001), Heraaus (2002), Jostra and Siemens LSS (2003), BHM (2004), La Calhene (2005), Huntleigh Technology (2007), Boston Scientific’s Cardiac and Vascular Surgery divisions (2008) and Datascope (2009).
The group is organised into three business areas: Medical Systems, Extended Care and Infection Control.
Medical Systems supplies equipment and instruments for a variety of surgical disciplines, cardiology and intensive care. The product range includes operating-room equipment, instruments for cardiovascular surgery, anaesthesia equipment and ventilators. Two significant acquisitions represented a key step in Getinge’s aim of establishing a leading business in the market for cardiovascular surgery. At the beginning of 2008, the company acquired Boston Scientific’s Cardiac and Vascular Surgery divisions, which reinforced the its position in terms of both product offering and sales channels, and the acquisition of US-based Datascope in January 2009 expanded its product range to also include cardiac assist products. Extended Care supplies products and services for the hospital and elderly care markets. The portfolio includes solutions for preventing the risk of pressure ulcers and deep vein thrombosis, as well as a range of ergonomically-designed products to solve daily work in lifting, transferring and personal hygiene. The products are marketed under the ArjoHuntleigh brand. Infection Control supplies systems to prevent the onset and spread of infection. The product range comprises disinfectors, sterilisers, documentation systems and related equipment, as well as service and consulting. The products are marketed under the Getinge and Lancer brands. The Getinge Medical Device Company Report provides a full review of the company's medical device activities, from its origins to its latest corporate activity, including mergers and acquisitions, agreements, divestitures and litigation. Sections are also included on products, corporate strategy and R&D.
Whatever your interest or involvement, evaluating the performance, success, failures and developments of medical companies is critical. Espicom’s Medical Device Company Reports have been regularly published for over 20 years, and these critically acclaimed and respected management reports provide a complete review of leading players in the field.
Evaluate competitive threats Maximise product and market opportunities Identify collaborators and strategic partners Understand the operating market environment Benchmark your performance against competitors Coverage Overview
Key contact information Introduction to Getinge and its current activities Summary of its financial performance Key recent events in an “at a glance” format Strategic Focus
The company’s aims and its areas of focus Financial Review
Current year and annual financial data, including revenue breakdowns by product area and geographic region (if available) Table providing in-depth five-year financial analysis Employee data, including breakdown by company division and geographic location Product Overview
Core product areas, key brands, product approvals and launches Identifies the company’s major competitors Research and Development
How much has been invested in R&D? Where is the research based? What alliances and agreements does Getinge have and with whom? Manufacturing and Distribution
Identifying the company’s manufacturing locations Sales and marketing facilities Agreements
With whom has Getinge reached agreements and what do they involve? Key contracts awarded Mergers and Acquisitions
Key Corporate Events
The report was produced as part of Medical Device Companies Analysis (MDCA).
Table Of Contents
Getinge Medical Device Company Intelligence Report Table of Contents
OVERVIEW 2 STRATEGIC FOCUS 4 Espicom View 5 FINANCIAL REVIEW 6 2012 Financial Results 6 Medical Systems 8 Extended Care 10 Infection Control 11 Five-Year Financial Data 13 Outlook 14 Financial Targets 14 Employees 14 PRODUCTS 15 Medical Systems 16 Recent Medical Systems Product Announcements 16 Product Approvals 16 Product Launches17 Product Recalls 17 Other News 18 Extended Care19 Recent Extended Care Product Announcements 19 Infection Control 20 Recent Infection Control Product Announcements 20 Market Positions 20 RESEARCH AND DEVELOPMENT 21 Trials and Studies 21 Investigation of Endothelium in Saphenous Vein Grafts 21 MANUFACTURING AND DISTRIBUTION 22 Medical Systems 22 Extended Care23 Infection Control 25 AGREEMENTS 26 Aesculap 26 Richard Wolf 26 Siemens Healthcare 26 MERGERS AND ACQUISITIONS 27 Therapeutic Support Systems 27 SteriTec Products 27 Acare Medical Sciences 27 Techno Hospitalia 27 Avalon Product Rights27 USCI 28 Eirus Medical 28 Atrium Medical28 DIVESTITURES 29 Peripheral Intervention Stent Operations 29 Catheter Pump Technology 29 HUNTLEIGH TECHNOLOGY 30 OVERVIEW 30 Huntleigh Technology 30 KEY CORPORATE EVENTS - HUNTLEIGH 31 DATASCOPE 32 AGREEMENTS 32 MERGERS AND ACQUISITIONS 32 MINORITY INVESTMENTS 32 Masimo 32 KEY CORPORATE EVENTS - DATASCOPE 33 KEY CORPORATE EVENTS - GETTINGE 34
List of Tables Recent Key Events 2 Getinge - Annual Financial Results, 2008-2012 6 Getinge - Annual Sales by Business Area, 2008-2012 7 Getinge - Annual Net Sales by Geographic Area, 2008-2012 7 Getinge - Medical Systems Division Annual Financial Results, 2008-2012 8 Getinge - Medical Systems Division Orders Received by Geographic Area, 2008-2012 9 Getinge - Extended Care Division Annual Financial Results, 2008-2012 10 Getinge - Extended Care Division Orders Received by Geographic Area, 2008-2012 11 Getinge - Infection Control Division Annual Financial Results, 2008-2012 11 Getinge - Infection Control Division Orders Received by Geographic Area, 2008-2012 12 Getinge - Five-Year Financial Summary 13 Getinge - Employees, 2008-2012 14 Getinge - Market Positions by Product Category, 2013 20 Getinge - Annual RandD Investment, 2008-2012 21 Medical Systems' Principal Production Facilities, 2012 23 Extended Care's Principal Production Facilities, 2012 24 Infection Control's Principal Production Facilities, 2012 25 Agreements Summary 26 Mergers and Acquisitions Summary 27 Agreements Summary 32 Mergers and Acquisitions Summary 32
List of Charts Getinge - Annual Sales and Operating Income, 2008-2012 6 Getinge - Annual Sales by Business Area, 2008-2012 7 Getinge - Annual Sales by Geographic Area, 2008-20128 Getinge - Medical Systems Division Annual Sales and Operating Income, 2008-2012 9 Getinge - Extended Care Division Annual Sales and Operating Income, 2008-2012 10 Getinge - Infection Control Division Annual Sales and Operating Income, 2008-2012 11 Getinge - 2012 Sales by Business Area (%) 15