Terumo
Encyclopedia
was founded in 1921 by Dr. Kitasato Shibasaburō
Kitasato Shibasaburō
Baron was a Japanese physician and bacteriologist. He is remembered as the co-discoverer of the infectious agent of bubonic plague in Hong Kong in 1894, almost simultaneously with Alexandre Yersin.-Biography:...

. The company's first product was thermometers and it has since expanded into a global largest medical devices manufacturer, producing a wide variety of products ranging from medical disposables, cardiovascular systems and diabetes care products.

In 1971, Terumo opened its first overseas office in the United States, marking its first overseas expansion. Since then, the company has established subsidiaries in Europe
Europe
Europe is, by convention, one of the world's seven continents. Comprising the westernmost peninsula of Eurasia, Europe is generally 'divided' from Asia to its east by the watershed divides of the Ural and Caucasus Mountains, the Ural River, the Caspian and Black Seas, and the waterways connecting...

 (1971), China
China
Chinese civilization may refer to:* China for more general discussion of the country.* Chinese culture* Greater China, the transnational community of ethnic Chinese.* History of China* Sinosphere, the area historically affected by Chinese culture...

, India
India
India , officially the Republic of India , is a country in South Asia. It is the seventh-largest country by geographical area, the second-most populous country with over 1.2 billion people, and the most populous democracy in the world...

, Philippines
Philippines
The Philippines , officially known as the Republic of the Philippines , is a country in Southeast Asia in the western Pacific Ocean. To its north across the Luzon Strait lies Taiwan. West across the South China Sea sits Vietnam...

 and Thailand
Thailand
Thailand , officially the Kingdom of Thailand , formerly known as Siam , is a country located at the centre of the Indochina peninsula and Southeast Asia. It is bordered to the north by Burma and Laos, to the east by Laos and Cambodia, to the south by the Gulf of Thailand and Malaysia, and to the...

. With increasing competition in the medical disposables and blood bags market, the company has expanded its product range to include coronary stent
Coronary stent
A coronary stent is a tube placed in the coronary arteries that supply the heart, to keep the arteries open in the treatment of coronary heart disease. It is used in a procedure called percutaneous coronary intervention...

s and catheters as well as acquired cardiovascular specialty companies like Vascutek and Microvention in 2002 and 2006 respectively.

General Hospital Products

Terumo is one of the leading suppliers of medical disposable products, blood transfusion products, hospital electronic products and pharmaceuticals like intravenous solutions. Terumo Corporation is ranked 1666 among the world's biggest company list published by Forbes. Terumo Corporation is also ranked 14th on Forbes Magazine’s List of 100 of the World’s Most Innovative Companies. Terumo Penpol
Terumo Penpol
Terumo Penpol Limited is a subsidiary of Terumo Corp., Japan, and is India's largest blood bag manufacturer. It is also one of the largest producers of blood bags in Asia, outside of Japan. This Thiruvananthapuram-based company celebrated its 25th year in October 2010.-Origins:The original company...

, the company's subsidiary in India is the largest manufacturer of blood bags in India and supplies it to over 82 countries. Production of medical disposables is also conducted in the company's facilities in Thailand and Hangzhou
Hangzhou
Hangzhou , formerly transliterated as Hangchow, is the capital and largest city of Zhejiang Province in Eastern China. Governed as a sub-provincial city, and as of 2010, its entire administrative division or prefecture had a registered population of 8.7 million people...

, China.

Acquisition

In March 2011, the company bought U.S. medical device company CaridianBCT for around $2.6 billion. It is the largest acquisition by a Japanese medical equipment maker and make the company to the top of global blood transfusion market.

External links

  1. Terumo Corporation Japan Website
  2. Terumo Cardiovascular Systems Website
  3. Terumo Europe
  4. Terumo Penpol
  5. Microvention Website
  6. Vascutek Website
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