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LeMaitre Vascular
LeMaitre Vascular

-5.35%

Healthcare & biotech / Vascular surgery devices

At a Glance | Core Facts | Company | Industry | Competitors | Stock Swings | News | Income | Balance | Cash Flow | Growth | Enterprise | Ratios | Metrics | Dividends | Risks | SWOT | Porter's Five Forces | PEST | Score Positive | Clusters | Reports | Web
Overview

LeMaitre Vascular is a global medical device company that specializes in developing and providing innovative devices and solutions for the treatment of peripheral vascular disease. The company was founded in 1983 and is headquartered in Burlington, Massachusetts.
Products and services
The company's products and services are focused on five main categories:
1. Open vascular surgery: This includes a range of surgical instruments and accessories for a variety of open surgical procedures, including aortic repair, peripheral bypass, and carotid endarterectomy.
2. Endovascular surgery: LeMaitre Vascular offers a range of endovascular devices, including stent grafts, balloon catheters, and vascular access products.
3. Compression therapy: The company provides a variety of products for venous and lymphatic disorders, including compression garments, pumps, and bandages.
4. Dialysis: LeMaitre Vascular offers a range of products for hemodialysis access, including catheters, grafts, and accessories.
5. Cardiac surgery: The company also offers a range of devices and solutions for cardiac surgery, including cannulae, tubing sets, and heart valve repair devices.
Global presence
LeMaitre Vascular has a presence in over 80 countries worldwide, with subsidiaries and distribution partners in Europe, Latin America, Asia-Pacific, and the Middle East. The company's products are sold in over 50 countries and are used by over 13,000 surgeons.
Research and development
The company is committed to investing in research and development to bring new and innovative products to the market. LeMaitre Vascular has a team of over 100 scientists, engineers, and product managers dedicated to developing new technologies and improving existing products.
Partnerships and collaborations
LeMaitre Vascular works closely with physicians and medical professionals to understand their needs and develop products that meet their specific requirements. The company also partners with other medical device companies and institutions to expand its product portfolio and offer comprehensive solutions for vascular disease treatment.
Financial information
LeMaitre Vascular is a publicly traded company on the Nasdaq stock exchange (Ticker Symbol: LMAT). As of 2021, the company's annual revenue was $144.74 million.

What is special about the company?

1. World-renowned reputation: LeMaitre Vascular is a leading global provider of medical devices for the treatment of peripheral vascular disease. The company has a long-standing reputation for high-quality products and innovation in the medical device industry.
2. Focus on vascular surgery: LeMaitre Vascular exclusively focuses on products and solutions for vascular surgery, making them experts in this field.
3. Wide range of products: The company offers a comprehensive portfolio of over 500 vascular devices, including devices for open and endovascular procedures, as well as for the treatment of venous disease.
4. Ongoing product innovation: LeMaitre Vascular invests heavily in research and development to continuously improve and expand their product offerings. They have a dedicated team of engineers and scientists focused on developing new and innovative solutions for vascular surgery.
5. Strong presence in global markets: The company has a strong international presence with operations in Europe, Asia, and Latin America, allowing them to reach a wide range of customers globally.
6. Commitment to patient safety: LeMaitre Vascular is committed to patient safety and has a rigorous quality management system in place to ensure their products meet the highest standards.
7. Emphasis on education and training: The company has a strong emphasis on education and training, offering programs and resources to help healthcare professionals stay up-to-date on the latest techniques and technologies in vascular surgery.
8. Strong partnerships and collaborations: LeMaitre Vascular works closely with leading vascular surgeons and healthcare organizations to develop and refine their products, ensuring that they meet the needs of patients and physicians.
9. Corporate social responsibility: The company has a strong commitment to corporate social responsibility, focusing on sustainability, ethical business practices, and giving back to the communities in which they operate.
10. Awards and recognition: LeMaitre Vascular has received numerous awards and recognition for their products, innovation, and business practices, including being named one of Forbes' Best Small Companies in America.

What the company's business model?

LeMaitre Vascular is a medical device company that specializes in the development, manufacturing, and marketing of innovative vascular and endovascular products for the treatment of peripheral vascular disease. Their business model focuses on four key areas: research and development, production and distribution, sales and marketing, and customer service.
1. Research and Development: LeMaitre Vascular invests heavily in research and development to continuously improve their existing products and develop new, cutting-edge technologies. The company has a team of scientists, engineers, and clinicians who work together to design and develop innovative solutions for vascular surgeons and interventionalists.
2. Production and Distribution: LeMaitre Vascular manufactures its products in-house, ensuring strict quality control and timely delivery. The company operates distribution centers in the United States, Europe, and Asia to efficiently supply its products to healthcare providers worldwide.
3. Sales and Marketing: LeMaitre Vascular has a direct sales force that markets its products to hospitals, ambulatory surgery centers, and healthcare facilities both domestically and internationally. The company also partners with key distributors and other third-party sales organizations to expand its reach.
4. Customer Service: LeMaitre Vascular is committed to providing excellent customer service, including clinical training, technical support, and on-site assistance. The company also offers a comprehensive warranty and repair program to ensure customer satisfaction and minimize downtime.
Overall, LeMaitre Vascular's business model focuses on providing high-quality, innovative products and comprehensive support services to healthcare providers, in order to improve patient outcomes and become a trusted partner in the treatment of peripheral vascular disease.

Interesting facts about the company

1) The LeMaitre Vascular company was founded in 1983 by George LeMaitre, a vascular surgeon.
2) The company specializes in developing and marketing medical devices for the treatment of peripheral vascular disease, which affects the blood vessels outside of the heart and brain.
3) Its headquarters are located in Burlington, Massachusetts, and it has a global presence with operations in Europe, Asia, and Latin America.
4) LeMaitre Vascular was the first company to market the ureteral catheter, used to remove kidney stones through a patient’s urinary tract.
5) It was also one of the first companies to introduce the concept of endovascular surgery, which utilizes minimally invasive techniques to treat vascular diseases.
6) In 2010, LeMaitre Vascular acquired the surgical instruments division of Angiotech Pharmaceuticals, Inc., expanding its product portfolio.
7) The company has received numerous awards and recognition for its innovative medical devices, including the Frost & Sullivan Growth Excellence Leadership Award in 2019.
8) The name LeMaitre is derived from the French term le maître, which means the master or the teacher. This reflects the company’s commitment to constantly learning and improving in the field of vascular surgery.
9) LeMaitre Vascular has a strong focus on social responsibility and contributes to various charitable causes, including supporting children’s healthcare and providing medical supplies to underserved regions.
10) As of 2021, the company has over 35 patents and continues to invest in research and development to bring innovative solutions to the market for the treatment of vascular diseases.

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