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CONMED (CNMD) Company Profile

Updated Sep 9, 2019
CONMED has the following business profile:
Company's Full Name:CONMED Corporation
Short Name:CONMED
Trading Ticker Symbol:CNMD
Primary Exchange:NASDAQ
Headquarter City/Country:New York, NY
Primary Industry Sector:Health Care
Seconday Sub-sector:Biotech-Electromedical Electrotherapeutic Apparatus
Main Business Areas: Health Care, Biotech-Electromedical Electrotherapeutic Apparatus, Biotech Apparatus, Medical Devices
Dividend Payments:Dividend History

Market and Trading Information for CONMED

The following details were available for trading and market data about the stock of CONMED as of writing:
Current Share Price:$98.18
Previous Year's Closing Price:$64.2
Percentage Price Change (YTD):52.93%
Market Cap:$2.83 billion
52-week Price Range:$56.91 - $102.56
Dividend Per Share:$0.8
EPS (TTM):0.97
Price-Earnings (Trailing):101.43
Price-Earnings (Forward):32.84

Company Profile and Business Description for CONMED

CONMED Corporation, incorporated on February 10, 1970, is a medical technology company. The Company is engaged in the development, manufacturing and sale on a global basis of surgical devices and related equipment. The Company provides surgical devices and equipment for minimally invasive procedures. The Company's products are used by surgeons and physicians in a range of specialties, including orthopedics, general surgery, gynecology, neurosurgery and gastroenterology. The Company's product lines consist of orthopedic surgery, general surgery and surgical visualization. As of December 31, 2016, the Company's products are distributed domestically directly to over 6,000 hospitals, surgery centers and other healthcare institutions, as well as through medical specialty distributors.

Orthopedic Surgery

Orthopedic surgery consists of sports medicine instrumentation and small bone, large bone and specialty powered surgical instruments and service fees related to the promotion and marketing of sports medicine allograft tissue. The Company's orthopedic surgery product lines include sports medicine, powered surgical instruments, and sports biologics and tissue. These products are marketed under a range of brands, including Hall, CONMED Linvatec, Concept and Shutt. The Company offers a range of devices and products to repair injuries, which have occurred in the articulating joint areas of the body. Its sports medicine products include powered resection instruments, arthroscopes, reconstructive systems, tissue repair sets, metal and bioabsorbable implants, as well as related disposable products and fluid management systems. Its single-use products include products, such as shaver blades, burs and pump tubing. Its arthroscopic products and technologies include bioabsorbable screws, push-in and screw-in suture anchors, and resection shavers.

The Company's powered instruments offering is sold principally under the Hall Surgical brand name, for use in large and small bone orthopedic, arthroscopic, oral/maxillofacial, podiatric, plastic, neurological, spinal and cardiothoracic surgeries. Its Hall 50 Powered Instrument System is designed for orthopedic applications. The Hall 50 Powered Instrument System allows a facility to purchase a single power system to perform total joint arthroplasty, trauma, arthroscopy and some small bone procedures.

General Surgery

General surgery consists of a range of endo-mechanical instrumentation for minimally invasive laparoscopic and gastrointestinal procedures, a line of cardiac monitoring products, as well as electrosurgical generators and related instruments. The Company's general surgery product line offers a range of products in the areas of advanced surgical, endoscopic technologies and critical care. Its surgical product offering include electrosurgical generators, handpieces, smoke management systems and accessories. Its endomechanical instrumentation products offer a full line of instruments, including trocars, suction irrigation devices, graspers, scissors and dissectors used in minimally invasive surgery. The Company offers a uterine manipulator called VCARE for use in increasing the efficiency of laparoscopic hysterectomies and other gynecologic laparoscopic procedures. Its endoscopic technologies offering includes a line of minimally invasive diagnostic and therapeutic products used in conjunction with procedures, which require flexible endoscopy. This offering includes mucosal management devices, forceps, scope management accessories, bronchoscopy devices, dilatation, stricture management devices, hemostasis, biliary devices and polypectomy.

The Company's critical care offering includes a line of vital signs and cardiac monitoring products, including pulse oximetry sensors, electrocardiogram (ECG) electrodes and accessories, and cardiac defibrillation and pacing pads. It also offers a line of suction instruments and tubing that are used throughout all areas of the hospital, as well as in Ambulatory Surgery Centers and the emergency medical market.

Surgical Visualization

The Company's surgical visualization product line offers imaging systems for use in minimally invasive orthopedic and general surgery procedures. These procedures consist of 2DHD and 3DHD vision technologies.

The Company competes with Smith & Nephew, plc, Arthrex, Inc., Stryker Corporation, Richard Wolf, Karl Storz GmbH, Boston Scientific Corporation, Cook Medical, Inc., Merit Medical Endotek, Olympus, Inc., STERIS Corporation, Medivators, Inc., Medtronic plc, Johnson & Johnson, ERBE Elektromedizin GmbH, Megadyne, Applied Medical Resources Corporation, MicroAire Surgical Instruments, LLC, Zimmer Holdings, Inc., Ethicon Endo-Surgery, Inc. and 3M Company.

525 French Rd

Peer / Competitor Companies of Biotech-Electromedical Electrotherapeutic Apparatus Sector

Along with CONMED Corporation, the following other peer (competitor) companies also exist within the same Biotech-Electromedical Electrotherapeutic Apparatus - Health Care sector whose company profile and dividend history is as follows:

▶ Aradigm (ARDM): Aradigm Corporation, incorporated on January 30, 1991, is a specialty pharmaceutical company focused on the development and commercialization of products for the treatment and prevention of severe respiratory diseases. It ....See Detailed Company Profile  and Dividend History.

▶ Arrhythmia Research Technology (HRT): 181 Bay Street....See Detailed Company Profile  and Dividend History.

▶ AxoGen (AXGN): AxoGen, Inc., incorporated on June 20, 1977, offers surgical solutions for peripheral nerve injuries. The Company provides products and education to improve surgical treatment algorithms for peripheral nerve injuries. Its ....See Detailed Company Profile  and Dividend History.

▶ BioLife (BLFS): BioLife Solutions, Inc. (BioLife), incorporated on March 25, 1998, is engaged in developing, manufacturing and marketing a portfolio of biopreservation tools and services for cells, tissues and organs, including clinical ....See Detailed Company Profile  and Dividend History.

▶ Capnia (CAPN): Capnia, Inc., incorporated on August 25, 1999, is a healthcare company that develops and commercializes diagnostics, devices and therapeutics addressing unmet medical needs. The Company also has a therapeutics platform ....See Detailed Company Profile  and Dividend History.

▶ Capnia (CAPNW): ....See Detailed Company Profile  and Dividend History.

▶ Cogentix Medical (CGNT): Cogentix Medical, Inc., incorporated on October 19, 1987, is a global medical device company. The Company designs, develops, manufactures and markets a line of fiber-optic and video endoscopy products under ....See Detailed Company Profile  and Dividend History.

▶ Cutera (CUTR): Cutera, Inc., incorporated on August 10, 1998, is a medical device company. The Company is engaged in the design, development, manufacture, marketing and servicing of laser and other energy-based aesthetics ....See Detailed Company Profile  and Dividend History.

▶ Cynosure (CYNO): ....See Detailed Company Profile  and Dividend History.

▶ Digirad (DRAD): Digirad Corporation, incorporated on January 2, 1997, provides healthcare solutions. The Companys portfolio of mobile healthcare solutions and medical equipment and services include diagnostic imaging and patient monitoring, provides hospitals, ....See Detailed Company Profile  and Dividend History.

▶ Dynatronics (DYNT): Dynatronics Corporation, incorporated on April 29, 1983, is a manufacturer and distributor of physical medicine products. The Companys products include a line of medical equipment for physical medicine applications, including ....See Detailed Company Profile  and Dividend History.

▶ EDAP TMS (EDAP): EDAP TMS S.A., together with its subsidiaries, develops, produces, markets, distributes, and maintains a portfolio of minimally-invasive medical devices for the treatment of urological diseases worldw....See Detailed Company Profile  and Dividend History.

▶ Electromed (ELMD): Electromed, Inc., incorporated on October 16, 1992, develops, manufactures and markets airway clearance products, which apply High Frequency Chest Wall Oscillation (HFCWO) therapy in pulmonary care for patients of all ....See Detailed Company Profile  and Dividend History.

▶ EnteroMedics (ETRM): EnteroMedics Inc. (EnteroMedics), incorporated on July 22, 2004, is a medical device company. The Company is focused on the design and development of devices that use neuroblocking technology to treat ....See Detailed Company Profile  and Dividend History.

▶ Fonar (FONR): Fonar Corporation (Fonar), incorporated on July 17, 1978, is engaged in the business of designing, manufacturing, selling and servicing magnetic resonance imaging (MRI) scanners, which utilizes MRI technology for the ....See Detailed Company Profile  and Dividend History.

▶ IRIDEX (IRIX): IRIDEX Corporation, incorporated on November 21, 1995, is a provider of therapeutic-based laser consoles, delivery devices and consumable instrumentation used to treat sight-threatening eye diseases in ophthalmology. The Company operates ....See Detailed Company Profile  and Dividend History.

▶ LivaNova (LIVN): LivaNova PLC is a medical device company focused on the development and delivery of therapeutic solutions. The Companys segments include Cardiac Surgery, Cardiac Rhythm Management, Neuromodulation and Other. The Cardiac ....See Detailed Company Profile  and Dividend History.

▶ Masimo (MASI): Masimo Corporation, incorporated on May 7, 1996, is a medical technology company that develops, manufactures and markets a range of non-invasive patient monitoring technologies. The Companys business is Measure-through Motion ....See Detailed Company Profile  and Dividend History.

▶ Medtronic (MDT): Medtronic Public Limited Company (Medtronic), incorporated on June 12, 2014, is a medical technology, services and solutions company. The Company operates in four segments: Cardiac and Vascular Group, Minimally Invasive ....See Detailed Company Profile  and Dividend History.

▶ Natus Medical (BABY): Natus Medical Incorporated, incorporated on July 20, 2000, is a provider of newborn care and neurology healthcare products and services used for the screening, diagnosis, detection, treatment, monitoring and tracking ....See Detailed Company Profile  and Dividend History.

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