Merit Medical Systems, Inc.: Business Overview, Financials & Competitive Analysis
Merit Medical Systems, Inc. scores 7/10 on the AskCyborg Cyborg Score (Strong). Well-positioned medical device maker with double-digit growth, margin expansion potential, and strong free cash flow generation, despite lumpy quarterly performance. Merit Medical has achieved trailing 12-month revenue of $1.58B as of June 30, 2026. Margin gains are driven by pricing discipline, product mix, and operational efficiencies, with management.
What is Merit Medical Systems, Inc.'s industry? Merit Medical Systems, Inc. (merit.com) operates in Medical Devices. AskCyborg classifies Merit Medical Systems, Inc. under Medical Devices in its company registry.
Merit Medical designs and manufactures products for interventional cardiology, radiology, and endoscopy procedures. Founded in 1987, Merit Medical is a specialized manufacturer in the medical devices and equipment ind...
Cyborg Score thesis
Well-positioned medical device maker with double-digit growth, margin expansion potential, and strong free cash flow generation,...
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Get Current Report FreeMerit Medical Systems, Inc. Overview
Pro stress-test →Merit Medical designs and manufactures products for interventional cardiology, radiology, and endoscopy procedures. Founded in 1987, Merit Medical is a specialized manufacturer in the medical devices and equipment industry. The company serves hospitals and clinical environments globally through proprietary disposable medical devices.
Strategic Profile
Pro stress-test →Merit operates two segments: Cardiovascular and Endoscopy, with the majority of revenue from the Cardiovascular segment comprising cardiology and radiology medical device products for diagnosing and treating coronary artery disease, peripheral vascular disease, and other conditions including embolotherapy, cardiac rhythm management, and interventional oncology. The company delivered 9% constant currency organic growth and an 18% EPS increase, prompting upward revision of its full-year 2026 outlook (July 2026).
Competitive Landscape
Pro stress-test →Merit Medical competes in the interventional cardiology, radiology, and endoscopy medical device markets against larger diversified medtech players and specialized device manufacturers. Key competitors include Boston Scientific, Abbott, and Teleflex, which offer overlapping cardiovascular and endoscopy device portfolios. Merit differentiates through focused product innovation in single-use devices and custom procedure solutions, targeting both hospital systems and alternate-site physicians.
Industry Context
Merit Medical Systems, Inc. operates in Medical Devices.
Key facts
Founded: 1987 · Headquarters: South Jordan, Utah, US · Employees: Not disclosed in available sources · Revenue: $1.58B (trailing 12-month as of June 30, 2026) · Market cap: $5.42B