Terumo

Terumo Corporation is a multinational medical technology company based in Tokyo, Japan. It was founded in 1921 by a group of medical scientists led by Dr. Shibasaburo Kitasato, in order to provide high-quality medical devices to physicians and patients. Terumo’s main focus is on developing and manufacturing products for the fields of cardiology, endovascular therapy, and other medical specialties.
The company operates in more than 160 countries, with regional headquarters in Europe, the Americas, and Asia. It has a diverse portfolio of products, including blood transfusion systems, vascular grafts, diagnostic and therapeutic catheters, and other medical devices. Terumo also offers software and digital solutions for healthcare providers.
In addition, Terumo has a strong commitment to sustainability and social responsibility, and is dedicated to reducing its environmental impact and improving access to healthcare worldwide. The company has implemented various initiatives to achieve these goals, such as reducing waste and emissions, promoting responsible use of resources, and supporting global health programs.
Terumo has a history of innovation and has received numerous awards and accolades for its products and technologies. It has also formed strategic partnerships and collaborations with other companies and organizations to drive innovation and advance patient care.
Overall, Terumo has established itself as a leading global healthcare company, with a strong focus on improving the lives of patients and providing high-quality medical solutions to healthcare professionals.

1. Innovation and Technology: Terumo is known for its innovative technology in the medical field. The company invests heavily in research and development to create new and advanced medical products.
2. Global Presence: Terumo has a strong global presence with operations in over 160 countries. This allows the company to reach a wide range of customers and provide its products to those in need.
3. Quality and Safety: Terumo is committed to providing high-quality and safe medical products. The company follows strict quality standards and has certifications from various regulatory bodies.
4. Diverse Product Portfolio: Terumo offers a diverse range of medical products, including syringes, catheters, stents, and heart-lung machines. This allows the company to cater to different medical needs and specialties.
5. Corporate Social Responsibility: Terumo is dedicated to giving back to society and reducing its environmental impact. The company has various initiatives in place to support communities, promote human health, and protect the environment.
6. Focus on Healthcare Professionals: Terumo works closely with healthcare professionals to understand their needs and develop products that can improve patient outcomes. The company also provides training and education programs to support their use of its products.
7. Patient-Centered Approach: Terumo puts the wellbeing of patients at the center of everything it does. The company’s products are designed to be safe, effective, and user-friendly, with the goal of improving patient outcomes and quality of life.
8. Heritage and Experience: Terumo has been in the medical industry for over 100 years and has accumulated a wealth of experience and knowledge. This allows the company to continuously improve and evolve its products to meet the changing needs of the healthcare industry.

The Terumo company’s business model is based on four key pillars: healthcare, medical devices, global expansion, and sustainability.
1. Healthcare: Terumo’s primary focus is on providing innovative healthcare solutions and services to improve patient outcomes. Their goal is to enhance the quality of life for patients worldwide through their products and technologies.
2. Medical Devices: Terumo develops and manufactures a wide range of medical devices, including cardiovascular, endovascular, and general hospital equipment, such as syringes, needles, catheters, and blood transfusion sets.
3. Global Expansion: Terumo has a global presence and is committed to expanding its reach by establishing partnerships and subsidiaries in various regions and countries. This allows them to better understand regional needs and provide tailored solutions.
4. Sustainability: Terumo places a strong emphasis on sustainable practices and ethical business operations. They strive to minimize their environmental impact and contribute to society through their products, services, and corporate social responsibility initiatives.
Overall, Terumo’s business model focuses on delivering high-quality healthcare products and services while also prioritizing sustainable and responsible practices. Their goal is to continuously innovate and improve their offerings to better serve the needs of patients and healthcare providers worldwide.

1. Started as a small venture in Japan: Terumo was founded in 1921 in Shibuya, Tokyo by a young Korean-Japanese entrepreneur, Kitasato Shibasaburō. Originally, the company was a small venture called Sekisen Ken-onki Corporation, manufacturing temperature control devices.
2. The name “Terumo” means “tremendous in Latin”: In 1932, Sekisen Ken-onki Corporation changed its name to Terumo, derived from the Latin word “Tremendus” meaning tremendous, reflecting the company’s desire to grow and expand globally.
3. First company to produce a thermometer in Japan: In 1921, Terumo became the first company in Japan to produce a clinical thermometer, which greatly improved the accuracy and efficiency of temperature measurements during medical procedures.
4. Diversified into producing blood transfusion equipment: In 1934, Terumo introduced the first blood transfusion equipment in Japan, called the “Terumo Syringe”. This marked the first step towards the company’s future specialization in medical devices and equipment.
5. One of the largest medical device companies in the world: Today, Terumo is one of the largest medical device companies in the world, with a presence in over 160 countries and regions. The company has over 30,000 employees and generates annual revenues of over $6 billion.
6. Pioneered development of the plastic IV bag: In the 1950s, Terumo pioneered the development of the plastic IV bag, which revolutionized the way intravenous fluids were administered and greatly improved patient comfort and safety.
7. Holds over 3,000 patents: Terumo has a strong focus on research and development, constantly innovating and developing new medical technologies. As a result, the company holds over 3,000 patents for its products and technologies.
8. Developed the world’s thinnest syringe needle: In 1990, Terumo developed the world’s thinnest syringe needle, measuring only 0.25 millimeters in diameter. This groundbreaking invention greatly improved patient comfort and reduced the risk of bruising and bleeding during injections.
9. Partnership with the Japanese Red Cross Society: Terumo has a long-standing partnership with the Japanese Red Cross Society, providing them with blood bags and collection systems. This partnership has helped to save countless lives through blood transfusions.
10. Committed to sustainability: In recent years, Terumo has shown a strong commitment to sustainability and reducing its environmental impact. The company has implemented initiatives such as reducing plastic waste and increasing energy efficiency in its production facilities.