Coloplast Corp. Overview
Company Headquarters: Humlebaek, Denmark
Founded: 1954
Workforce: ~11,000
Company Working: Coloplast Corp. (Coloplast) is a medical device company that develops and markets healthcare products and services across the world. The company functions through three operating segments, namely, chronic care, interventional urology, and wound and skin care. It provides medical devices for ostomy care, continence care products, wound care products, and products for the surgical treatment of urological and gynecological disorders. Coloplast markets and sells its products and services globally. Products are supplied to hospitals, institutions as well as wholesalers, distributors, and pharmacies. In selected markets, it is also a direct supplier to users. It has wholly-owned sales subsidiaries in its principal markets and employed about 12,000 people at the end of 2018.
Strategy
Coloplast Corp. follows a unique user-focused market approach through the Coloplast care program. It focuses on developing products with superior quality for ostomy care, urology care, wound & skin care, and urology care. The company also aims to have unparalleled efficiency to brace its position in the market. Coloplast is prepared to invest in new growth initiatives. The investment focus targets strategic initiatives in innovation, market access as well as geographic focus areas, including North America, China, the UK, and selected growth markets.
