Medtech

Business Area Medtech

In the Medtech business area the subsidiaries offer products, solutions and services in medtech and home care. Customers include hospitals, care facilities and users. The business area is active in the Nordic countries, Central and Eastern Europe and to a limited extent, in Australia.

Net sales: SEK 1,498 million
EBITA: SEK 116 million
Employees: 376
Percentage of net sales: 43%
 

We continually optimise our product portfolio to ensure that it meets the demands of the customers and the market

Lars-Erik Rydell, Business Development Manager Medtech

Medtech - Market trend in 2019

The Medtech business area has undergone strong growth during the year. Sales growth is largely the result of the Biomedica acquisition and 40 percent of Biomedica’s sales  and earnings for the year were included in the Medtech business area. In the fourth quarter we received the first contracts to deliver our own medical device products to the markets in Central and Eastern Europe. The acquisition of the product portfolio in surgery and respiration from Wellspect HealthCare was integrated during the year in the  subsidiary Mediplast, which entailed both extra work and costs. The product portfolio is a positive addition to our market offering and has enabled expansion into several new  markets. In the Nordic markets, demand from health services was strong in Sweden, Norway and Denmark, while it continued to be somewhat weaker in Finland.

Sales growth for various types of assistive equipment for use in home care was strong and completely in line with the trends we see related to the increased need for eldercare. Welfare technology achieved a breakthrough in the market during the year and our solutions are favourably received by municipal and private operations in Norway. In the fourth quarter Oslo municipality awarded our Norwegian subsidiary Hepro a large contract in welfare technology for delivery over the next two to four years, with an order value of about NOK 120 million. We do not yet offer services and products in welfare technology in other markets, where the focus is instead on various types of assistive equipment for  sitting, moving and, most of all, taking care of hygiene needs in the bathroom.

Medtech´s Product Segment

  • Ear, nose and throat
  • Intensive care
  • Surgery
  • Wound care
  • Enteral nutrition
  • Fall prevention
  • Welfare technology
  • Bathroom-related assistive devices
  • Assistive devices for children with disabilitie

The goal is to let people live at home longer

Geir Tore Jakobsen, CEO Hepro Norge

AddLife acquired us in February 2017. The integration has gone very smoothly and AddLife has lived up to what they said to us during the acquisition process. In my experience, we have freedom with responsibility and the Parent Company has a long-term perspective regarding our business. We now have stronger muscles, new partners and opportunities to enter new markets. I strongly believe that together with AddLife and the other Medtech companies we will continue on this successful path.

 

Subsidiaries

Wide assortment of products and services in the field of medical technology / devices primarily to publicly funded healthcare.

Geographical market: Central- and Eastern Europe

Segment: Cardiology, Surgery, Intensive Care, Oncology, Orthopaedics, Hygiene

Customer examples: Faculty Hospitals / Polyclinics / Cardiac Centers / Private Hospitals / Elderly Homes

Amount of employees: 280

Focus on flexibility and delivers a wide range of bathroom and kitchen aids suitable for elder and handicapped clientele

Geographical market: Norway

Segment: Specialises in flexible solutions for bathroom and kitchen with products that are designed and suitable for schools, hospitals and other institutions as well as the users private home

Customer examples: NAV, Elderly Homes, Care Homes, Hospitals

Amount of employees: 6

Develops, designs and markets aids for home care for the elderly and technical aids of high quality for children and young people, as well as products in welfare technology

Geographical market: Sweden and Norway

Segment: Home care products, welfare technology, technical aids

Customer examples: Public sector and private healthcare, some sales directly to the end Public sector and private healthcare, NAV. Some sales directly to the end consumer

Amount of employees: 70

Sales of barrier-free and functional Gaius bathroom solutions, equipment and furniture

Geographical market: Finland, Sweden, Norway, Japan and Russia

Segment: Specialized in accessible bathroom products in hospitals, care homes, public spaces and homecare

Amount of employees: 15

Sales of medical device equipment and supplies

Geographical market: Mainly the Nordic countries and the Netherlands

Segment: Surgery, thoracic medicine, neurology, intervention, bandages, anaesthesia/ICU, ENT, colostomy, enteral nutrition and home healthcare

Customer examples: Public as well as private healthcare

Amount of employees: 156

Develops, designs and markets assistive equipment in home healthcare

Geographical market: Sweden and Norway

Segment: Bathroom products

Customer examples: Municipal home care and county councils

Amount of employees: 12

We develop, produce and market kitchen and bathroom solutions as well as table solutions for disabled within the private and public sector

Geographical market: Worldwide

Segment: Healthcare industry

Customer examples: Public and private healthcare sector

Amount of employees: 72

DACH Medical Group: Sales of medical device equipment

Geographical market: DACH (Germany, Austria, Switzerland)

Segment: General Surgery, thoracic surgery, bariatric surgery, urology, gynecology

Customer examples: Public as well as private hospitals

Amount of employees: 23

Zafe gives you modern security alarms for all types of care homes. Our systems help the staff to work efficiently while the residents have the opportunity to get assistance. We install technology that makes staff and residents feel comfortable and safe.

Geographical market: Sweden

Segment: Welfare technology

Customer examples: All types of care homes

Amount of employees: 20

Sales of medical device, implants and equipments for advanced surgery

Geographical market: Italy, Vatican city and San Marino Republic

Segment: Neurosurgery, Spine surgery, Woundcare, Interventional Radiology, Pain Management, General Surgery

Customer examples: Public as well as private healthcare

Amount of employees: 18