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Teleflex Incorporated

Company Profile Analysis

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Teleflex Incorporated - Healthcare showcase

Year Founded & Workforce

1981

14,000 Employees

Industry

Healthcare

Services

Products for Vocal Cord ParalysisPeripheral Nerve StimulatorsPain PumpsCPNB Catheters
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Teleflex Incorporated Overview

Company Headquarter: Wayne, Pennsylvania, US

Founded: 1981

Workforce: 14,000+ Employees (2017)

Company Working: Teleflex Incorporated is engaged in designing, developing, manufacturing, and supplying single-use medical devices for common diagnostic and therapeutic procedures in critical care and surgical applications globally. Its vascular access product portfolio comprises arrow branded catheters and related devices, including catheter positioning systems for use in the administration of intravenous medications and other therapies, and devices for treating coronary and peripheral vascular disease. Moreover, the company serves hospitals and healthcare providers, medical device manufacturers, and home care markets.

Strategy

Teleflex Incorporated focuses on providing quality products that not only help improve patient health but also minimize health hazards for caregivers. The goal of Teleflex Incorporated is to invest in state-of-the-art products and technologies that can greatly increase clinical efficacy, patient safety, and comfort, reduce problems, and lower total healthcare costs. Furthermore, it intends to continue looking for ways to optimize its operations to boost margins and to buy businesses that will improve its current operations, offer unique products, and improve its financial status.

Company Snapshot

$2,595.4M

Revenue

14,000

Employees

1981

Founded

SWOT Analysis

Strengths

  • Worldwide presence
  • Diverse product portfolio
  • Strong brand recognition
  • Strong global presence in 150 countries
  • Experienced and strong workforce

Weaknesses

  • Product recalls in recent years can hamper the company’s image
  • Product recalls
  • Low penetration in rural markets

Opportunities

  • Acquisitions to enhance the company’s product portfolio
  • Expanding geographical presence in developing countries
  • Opportunities in online space

Threats

  • Stringent government regulations
  • Fluctuating foreign exchange rates
  • Growing strengths of local distributors
  • Changes in tax laws or exposures to additional tax liabilities

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Product Offering

  • Teleflex Incorporated
    • Products for Vocal Cord Paralysis
    • Peripheral Nerve Stimulators
    • Pain Pumps
    • CPNB Catheters

Financial Performance

Explore key financial metrics, segmented revenue, balance sheet health, and performance trends.

By Business Segment: Sales rose from USD 2,595.4 Mn in 2019 to USD 2,809.6 Mn in 2021.
Teleflex Incorporated — By Business Segment
Series (USD Mn)201920202021
Sales2,595.42,537.22,809.6
R&D113.9119.8130.8

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