ConvaTec Group PLC Overview
Pro stress-test →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
Pro stress-test →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
Pro stress-test →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