Mindray Medical International Limited () is a Chinese multinational

medical instrumentation A medical device is any device intended to be used for medical purposes. Significant potential for hazards are inherent when using a device for medical purposes and thus medical devices must be proved safe and effective with reasonable assura ...

manufacturer based in

Shenzhen Shenzhen is a prefecture-level city in the province of Guangdong, China. A Special economic zones of China, special economic zone, it is located on the east bank of the Pearl River (China), Pearl River estuary on the central coast of Guangdong ...

Guangdong ) means "wide" or "vast", and has been associated with the region since the creation of Guang Prefecture in AD 226. The name "''Guang''" ultimately came from Guangxin ( zh, labels=no, first=t, t= , s=广信), an outpost established in Han dynasty ...

. Mindray designs and produces medical equipment and accessories for both

human Humans (''Homo sapiens'') or modern humans are the most common and widespread species of primate, and the last surviving species of the genus ''Homo''. They are Hominidae, great apes characterized by their Prehistory of nakedness and clothing ...

and

veterinary Veterinary medicine is the branch of medicine that deals with the prevention, management, diagnosis, and treatment of disease, disorder, and injury in non-human animals. The scope of veterinary medicine is wide, covering all animal species, both ...

use. The company is organized into three key business lines: Patient Monitoring &

Life Support Life support comprises the treatments and techniques performed in an emergency in order to support life after the failure of one or more vital organs. Healthcare providers and emergency medical technicians are generally certified to perform bas ...

In-Vitro ''In vitro'' (meaning ''in glass'', or ''in the glass'') studies are performed with cells or biological molecules outside their normal biological context. Colloquially called " test-tube experiments", these studies in biology and its subdis ...

Diagnostic Products, and

Medical Imaging Medical imaging is the technique and process of imaging the interior of a body for clinical analysis and medical intervention, as well as visual representation of the function of some organs or tissues (physiology). Medical imaging seeks to revea ...

Systems. In 2008, Mindray was recognized as China's largest medical device manufacturer.

History

Mindray was founded in 1991 in

by seven former employees of Anke (), including

Li Xiting Li Xiting (; born 1951) is a Chinese-born Singaporean billionaire business magnate. He is the co-founder, president of Mindray, China's largest medical equipment manufacturer. Early life Li was born in a rural village of his family name in Da ...

(),

Xu Hang Xu Hang (born 1967) is a Chinese billionaire business magnate. He is the co-founder and co-CEO of the Shenzhen-based multinational medical instrumentation manufacturer Mindray Medical International. Xu Hang holds a BA degree from Tsinghua Uni ...

() and Cheng Minghe (). It grew by providing domestic patient monitoring, imaging, and other diagnostic products. Mindray maintains 41 subsidiaries and branch offices in 31 countries, as well as 32 branch offices in China. Mindray was listed on the

NYSE The New York Stock Exchange (NYSE, nicknamed "The Big Board") is an American stock exchange in the Financial District, Manhattan, Financial District of Lower Manhattan in New York City. It is the List of stock exchanges, largest stock excha ...

in September 2006 and delisted in March 2016 to apply for a re-listing in China's A-Share market. Mindray was re-listed in the

Shenzhen Stock Exchange The Shenzhen Stock Exchange (SZSE; ) is a stock exchange based in the city of Shenzhen, in the People's Republic of China. It is one of three stock exchanges operating independently in Mainland China, the others being the Beijing Stock Excha ...

in October 2018. Mindray faced hiring controversy at the end of 2018 when it rescinded job offers from 254 university students due to changing economic conditions. The company reinstated the offers in early 2019 citing 'corporate social responsibility' after public outcry. Mindray partnered with Korle Bu Teaching Hospital in January 2019 to improve diagnostic patient care in

Ghana Ghana, officially the Republic of Ghana, is a country in West Africa. It is situated along the Gulf of Guinea and the Atlantic Ocean to the south, and shares borders with Côte d’Ivoire to the west, Burkina Faso to the north, and Togo to t ...

. The company donated a SAL 6000 analyzer to improve local lab test efficiency.

Divisions

The Patient Monitoring & Life Support division develops and manufactures multi-parameter patient monitors,

biotelemetry Biotelemetry (or medical telemetry) involves the application of telemetry in biology, medicine, and other health care to remotely monitor various vital signs of ambulatory patients. Application The most common usage for biotelemetry is in dedicated ...

systems,

anesthesia Anesthesia (American English) or anaesthesia (British English) is a state of controlled, temporary loss of sensation or awareness that is induced for medical or veterinary purposes. It may include some or all of analgesia (relief from or prev ...

delivery systems,

defibrillator Defibrillation is a treatment for life-threatening cardiac arrhythmias, specifically ventricular fibrillation (V-Fib) and non-perfusing ventricular tachycardia (V-Tach). Defibrillation delivers a dose of electric current (often called a ''count ...

s, ECG machines, pulse oxymeters, hospital beds, mounting systems and IT solutions. In 2008, Mindray purchased the Patient Monitoring division of Datascope Corporation for $209 million to expand their presence outside of China. The In-Vitro Diagnostic division provides data and analysis on blood, urine, and other bodily fluid samples for clinical diagnosis and treatment. This segment offers a range of semi-automated and fully automated diagnostic laboratory instruments for laboratories, clinics, and hospitals. Its products include hematology analyzers, biochemistry analyzers, reagents, a microplate reader and a microplate washer.

Notes

{{FTSE China A50 Index Chinese companies established in 1991 Technology companies established in 1991 Companies formerly listed on the New York Stock Exchange Companies listed on the Shenzhen Stock Exchange Medical device manufacturers Medical technology companies of China Manufacturing companies based in Shenzhen Chinese brands 2006 initial public offerings 2018 initial public offerings Companies in the CSI 100 Index 1991 in Shenzhen