MERIT MEDICAL in Vascular Closure Device

Merit Medical Systems offers solutions to pharmaceutical and biotechnology sectors, hospitals, clinical diagnostic laboratories, and research institutions. Merit Medical provides a wide range of radial compression devices in the vascular closure devices market. The company has a broad product portfolio owing to its high expenditure on research and development. Merit Medical Systems has spent USD 33.89, USD 36.63, and USD 40.81 billion for the years 2013, 2014, and 2015 respectively. This helped the company to innovate and come up with advanced products in the market. Owing to its focused R&D efforts, Merit Medical launched two new products in 2016 for assisting hemostasis.