Getinge AB — Cyborg Score 6/10

Solid
Medical Devices & Equipment

Strategic Profile

Getinge operates three segments: acute care therapies (52% of revenue), surgical workflows (34%), and life sciences (14%). The Americas account for 45% of sales with the US representing 33%, Asia-Pacific 25%, and Europe, Middle East, and Africa the remaining 30%, providing geographic diversification and resilience.

Cyborg Score Rationale

The company reported 2024 revenue of $3.3B with a net income decline of 32.1% and net profit margin decline of 37.9%. Despite margin pressures and operational headwinds, established market leadership and strategic acquisitions support medium-term recovery potential.

Top Insights

  • 2024 revenue increased 9.21% to 34.76 billion SEK, demonstrating resilience in core markets
  • Getinge acquired Paragonix Technologies on September 11, 2024, expanding organ transport capabilities
  • The company operates manufacturing facilities across nine countries including France, China, Germany, Poland, Sweden, Turkey, the Netherlands, UK, and US
  • In 2025, Getinge expanded Servo-c ventilator offerings to neonatal patients supporting preterm birth babies

Named Competitors

  • Siemens Healthineers — Healthcare diagnostics and medical technology
  • Drägerwerk — Medical technology and safety equipment
  • Philips Healthcare — Connected care and diagnostic systems
  • Stryker — Surgical equipment and orthopedic devices

Recent Developments

  • (February 2025) DPTE-FLEX Alpha Port launch enabling gloveless component transfer in pharmaceutical production
  • (January 2025) Cincinnati Children's Hospital selected as anesthesia fleet provider
  • (September 2024) Acquisition of Paragonix Technologies for organ transport solutions

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