Keji 12 Road South, Mindray Bldg., High-tech Industrial Park
518057 Shenzhen
China (Rep.)
Phone: +86 755 26582888
Fax: +86 755 26582680
http://www.mindray.com
intl-market@mindray.com
Manufacturers
Company Contacts
Department/ Name Address
Branding Departmentt Keji 12 Road South Mindray Bldg., Hi-tech Industrial Park, 518057 Nanshan, Shenzhen, China (Rep.)
Tony.lu@mindray.com
Company Figures
Number of employees 1000-4999
Sales volume > 500 Mio US $
Export content max. 50%
Year of foundation 1991
Area of business Electronical Equipment / Medical Technology
Laboratory Equipment
Diagnostics
Company Profile
About Us
Mindray was founded in 1991 in Shenzhen, China, with a mission to deliver high-quality, competitively priced medical devices to make healthcare more accessible and affordable around the world. Over the last 17 years, we have become a leading developer, manufacturer and marketer of medical devices in China with a rapidly growing international presence. According to Frost & Sullivan, in 2006 we attained leading market share in China both by units sold and revenue for the sale of patient monitoring devices. In addition to patient monitoring devices, we also believe that we hold leading market share in China in three part differentiation hematology analyzer, biochemistry analyzer and grayscale ultrasound imaging system segments.
Our success has been deeply rooted in our commitment to invest approximately 10% of our revenues into R&D every year. With more than 1000 engineers on staff, we have built a world-class platform that capitalizes on low-cost China based R&D operations and a culture that is driven by ingenuity, and both individual and team performance. We currently offer more than 40 products across three product segments including patient monitoring devices and life support products, in-vitro diagnostic instruments and medical imaging systems. We expect to continue to introduce six to eight new products each year to broaden our market reach. We are confident that our growing comprehensive portfolio of high-quality, affordable products will allow us to continue gaining market share both domestically and internationally.
In China, we have distributed products to approximately 37,455 hospitals, clinics, and healthcare facilities; and at the end of 2007 we had sold over 312,353 devices in over 140 countries worldwide. We began exporting our products for the first time in 2000; and in the second half of 2006, revenues generated from international markets exceeded domestic revenues for the first time in our operating history.
At the end of 2007, we had a total of approximately 3,705 employees worldwide, and we are expanding our distribution network, sales and sales support staff to bring our products closer to end users. We currently have 29 local sales and service offices in China, as well as sales and service subsidiaries in Amsterdam, Istanbul, London, Mexico City, Moscow, Mumbai, Sao Paulo, Seattle, Toronto and Vancouver.
Our Company’s American Depositary Shares (ADSs) are listed on the New York Stock Exchange (NYSE) under the symbol MR.