Terumo Corporation (TYO: 4543) Company Profile and News – Market.us
Pune, Maharashtra, India, September 21 2022 (Wiredrelease) Prudour Pvt. Ltd –:Introduction: Japanese multinational medical device company
Terumo Corporation is a Japanese multinational medical device company headquartered in Tokyo, Japan. The company was founded in 1921 and its products include blood transfusion and blood processing equipment, cardiovascular catheters and devices, vascular closure devices, anesthesia products, and more. Terumo has over 23,000 employees worldwide and operates in 160 countries.
The company was founded in 1921 and grew rapidly after World War II. Terumo is one of the world’s leading manufacturers of blood transfusion and infusion products, as well as other medical devices and equipment. The company’s products are used in hospitals, clinics, and blood banks around the world.
Terumo has a long history of innovation and leadership in the medical device industry. In the early days of the company, Terumo developed the first disposable hypodermic needle in Japan. Since then, the company has continued to innovate, developing new products and technologies to improve patient care. Today, Terumo is a global leader in medical technology, with a strong commitment to improving patient outcomes.
Products: Wide range of medical products and services
Terumo Corporation is a Japanese multinational medical device company specializing in products and services for blood transfusion and microsurgery. Terumo has a wide range of medical products, including blood bags, pump sets, catheters, and syringes. The company also provides a variety of services, such as blood transfusion training and technical support. In addition to its headquarters in Tokyo, Terumo has offices and factories in over 20 countries around the world.
Terumo’s mission is to contribute to society through the provision of leading-edge medical products and services. The company strives to provide products and services that meet the needs of healthcare professionals and patients worldwide. Terumo is committed to improving the quality of life for people everywhere by providing innovative medical solutions.
Key Financials
Revenue (US$ Mn):
US$ 5,770 Mn was Terumo Corporation’s annual revenue in 2021, a 2.07% increase from 2020 figures
Terumo Corporation indexed a -0.51% decrease in annual revenues from 2019, amounting to US$ 5,653 Mn in 2020
Terumo Corporation generated total revenue of US$ 5,682 Mn in 2019
Annual revenue of US$ 5,596 Mn was indexed by Microsoft Corporation in 2018
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Net Income (US$ Mn):
Terumo Corporation’s net income for 2021 was US$ 1,563 Mn, a 119.65% increase from the 2020
The net income generated by Terumo Corporation in 2020 was US$ 712 Mn
At a 3.76% increase, Terumo Corporation’s net income of US$ 770 Mn was indexed in 2019
Terumo Corporation generated a net income of US$ 742 Mn in 2018
Operating Margin %
10% was the operating margin generated by Terumo Corporation in 2021
Terumo Corporation’s operating margin for 2020 was 16%, a -9.09% decrease from 2019
From 2018’s operating margins, Terumo Corporation registered a -1.12% decrease in 2019, amounting to 18%
An operating margin of 18% was generated in 2018 by Terumo Corporation
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Recent developments: New products and acquisitions
In recent years, Terumo Corporation has made several new product acquisitions and developments. In 2016, the company acquired Cardiva Medical, Inc., a developer of catheter-based devices for the treatment of vascular diseases. The following year, Terumo acquired Genzyme Corporation’s vascular closure device business. These acquisitions have helped to expand Terumo’s portfolio of products and offerings in the cardiovascular market.
In 2017, Terumo developed a new intravascular ultrasound system called the Aquablation System. This system is designed to treat coronary artery disease by removing plaque from arteries using a minimally invasive procedure. The Aquablation System is currently available in Japan and Europe, and Terumo is working on obtaining regulatory approval for the device in the United States.
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