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ConvaTec Group PLC: Business Overview, Financials & Competitive Analysis

ConvaTec Group PLC scores 7/10 on the AskCyborg Cyborg Score (Strong). The company maintained its medium-term targets of 5–7% annual organic growth and mid-20s margins by 2026–27. ConvaTec reaffirmed its 2026 target for double-digit adjusted EPS growth and further margin expansion. Three new wound care products (ConvaNioX, ConvaFiber, ConvaVac) and other pipeline launches are planned for 2026, with ConvaNioX seen.

What is ConvaTec Group PLC's industry? ConvaTec Group PLC (convatecgroup.com) operates in Medical Devices & Healthcare Solutions. AskCyborg classifies ConvaTec Group PLC under Medical Devices & Healthcare Solutions in its company registry.

ConvaTec designs, manufactures, and markets advanced wound care, ostomy, continence care, and infusion sets for the acute-care hospital and chronic-care home settings. The company serves patients with chronic conditio...

7/ 10Strong

Cyborg Score thesis

The company maintained its medium-term targets of 5–7% annual organic growth and mid-20s margins by...

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Industry Medical Devices & Healthcare Solutions
4 named competitors
3 recent developments
11 analyst dimensions
Synthesized from analyst-debate stress-testing across 11 dimensions and hundreds of data points. Methodology →
Cyborg Score recalibrated: September 14, 2026
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ConvaTec Group PLC OverviewStrategic ProfileCompetitive LandscapeIndustry ContextKey facts
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ConvaTec Group PLC Overview

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ConvaTec designs, manufactures, and markets advanced wound care, ostomy, continence care, and infusion sets for the acute-care hospital and chronic-care home settings. The company serves patients with chronic conditions requiring ongoing medical device solutions across multiple care environments.

Strategic Profile

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The company focuses on chronic care, which translates into an ongoing stream of revenue from relatively concentrated global markets. Convatec's well-established footprint in the US ostomy market has paved the way to forge contracts with large group purchasing organizations, including Premier and Vizient.

Competitive Landscape

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The company lagged significantly behind key competitor Coloplast. Zimmer Biomet Holdings, Joerns Healthcare, Globus Medical, Urgo Medical, and Corin Group are some competitors of ConvaTec Group.

Industry Context

ConvaTec Group PLC operates in Medical Devices & Healthcare Solutions.

Key facts

Founded: 1978 · Headquarters: London, UK · Revenue: $2.28B · Market cap: $6.49B

What the analysts stress-tested

The top findings that survived the multi-agent debate for ConvaTec Group PLC.

  • Trading remained strong across all divisions with all four segments – Advanced Wound Care, Ostomy Care, Continence Care and Infusion Care – growing as fast or faster than in the first half.
  • Major product launches planned for 2026 including ConvaNioX, ConvaFiber, and ConvaVac with ConvaNioX as a long-term opportunity.
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Recent developments

Material events tracked by the AskCyborg corpus.

  • November 2025Reaffirmed double-digit adjusted EPS growth target and narrowed 2025 organic revenue guidance to 6.0-6.5%
  • October 2025Secured first US Ostomy GPO contract in over five years
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Named competitors

Pulled from the analyst-debate framework. Click any competitor to see their Cyborg Score.

ColoplastLeading ostomy and continence care competitor→Zimmer BiometMedical devices and orthopedic solutions→Joerns HealthcarePressure relief and patient mobility→Urgo MedicalWound care and advanced dressings→

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Industry context

ConvaTec Group PLC operates in Medical Devices & Healthcare Solutions. See how the rest of the sector scores on the Cyborg framework.

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Frequently asked questions

What does ConvaTec Group PLC do?+
ConvaTec designs, manufactures, and markets advanced wound care, ostomy, continence care, and infusion sets for the acute-care hospital and chronic-care home settings. The company serves patients with chronic conditio...
What is ConvaTec Group PLC's Cyborg Score?+
ConvaTec Group PLC has a Cyborg Score of 7/10 (Strong). The score synthesizes business model, financials, leadership, competitive position, technology, marketing, and ESG dimensions across hundreds of data points.
Who are ConvaTec Group PLC's main competitors?+
Named competitors include Coloplast, Zimmer Biomet, Joerns Healthcare, Urgo Medical. The full competitive landscape is in the AskCyborg report.
How can I get the full ConvaTec Group PLC research report?+
Get the report plus analyst-debate audio at askcyborg.com -- no credit card required for preview access. Pro adds saved-company audio playlists and monitoring.
How current is the ConvaTec Group PLC research?+
The Cyborg Score is recalibrated weekly. Recent developments are tracked continuously and surfaced in every report.

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More Medical Devices & Healthcare Solutions research

Companies in the same sector and named competitors, ranked by Cyborg Score.

7Coloplast A/S