In this piece, we will take a look at the five biggest ostomy companies and suppliers in the world. For more companies, head on over to 15 Biggest Ostomy Companies and Suppliers in the World.
5. Coloplast A/S (OTCMKTS:CLPBY)
Latest 12 Month Revenue Estimate: $3.4 billion (1DKK = 0.14USD)
Coloplast A/S (OTCMKTS:CLPBY) is a Danish company headquartered in Humlebaek, Denmark. The firm provides ostomy pouches, catheters, urine bags, irrigation systems, and other medical products. Coloplast A/S (OTCMKTS:CLPBY)’s ostomy products include one and two piece pouches, adhesive removal wipes and sprays, skin barrier wipes and sprays, deodorants, support bags, rings, skin cleaners, click barriers, stoma caps, and pediatric products.
4. Smith & Nephew plc (NYSE:SNN)
Latest 12 Month Revenue Estimate: $5.2 billion
Smith & Nephew plc (NYSE:SNN) is a British firm headquartered in Watford, United Kingdom. It provides ostomy support products such as tincture, adhesive removers, protective wipes, and protective sprays.
Despite gradual recovery in the global chip supply chain and the personal computing industry facing adequate supply but inadequate demand for semiconductors, Smith & Nephew plc (NYSE:SNN)’s CEO warned in February 2023 that his firm was still struggling to cope with semiconductor supply shortages. By the end of last year’s fourth quarter, ten of the 943 hedge funds polled by Insider Monkey had bought the firm’s share.
Out of these, Peter Rathjens, Bruce Clarke, and John Campbell’s Arrowstreet Capital is Smith & Nephew plc (NYSE:SNN)’s largest shareholder. It owns 2.6 million shares that are worth $70 million.
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3. B. Braun SE
Latest 12 Month Revenue Estimate: $8.5 billion (1EUR = 1.07USD)
B. Braun SE is a German company headquartered in Melsungen. The firm has thousands of products in its portfolio, hundreds of subsidiaries, and more than 66,000 employees worldwide. It is also another old company on our list since it was set up in 1839. B. Braun SE’s therapy portfolio also includes ostomy care products which include one piece pouches, urostomy bags, bag coupling systems with both mechanical and adhesive functions. Other products include high flow bags, flow collectors, flow collectors, adhesive removers, barrier films, and clamps.
2. Henkel AG & Co. KGaA (FRA:HEN3.DE)
Latest 12 Month Revenue Estimate: $11.77 billion (1EUR = 1.07USD)
Henkel AG & Co. KGaA (FRA:HEN3.DE) is a German company headquartered in Dusseldorf. The firm serves the needs of the ostomy sector primarily through its adhesives division. This division sells medical tapes for ostomy bags allowing users to secure them properly to the body. Henkel AG & Co. KGaA (FRA:HEN3.DE)’s adhesive division earned $11.77 billion in revenue during its latest twelve month period.
1. 3M Company (NYSE:MMM)
Latest 12 Month Revenue Estimate: $34 billion
3M Company (NYSE:MMM) is an American industrial company headquartered in St. Paul, Minnesota. Its healthcare division sells ostomy barrier films.
Insider Monkey’s Q4 2022 survey of 943 hedge funds revealed that 52 had bought the firm’s shares. Out of these, Ken Fisher’s Fisher Asset Management is 3M Company (NYSE:MMM)’s largest investor through a $771 million stake that comes via 6.4 million shares.
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Disclosure: None. You can also take a look at 20 Most Valuable European Tech Companies In The World and 12 Dividend Giants with Lowest Short Interest.
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