Summary
Solventum has four business segments: MedSurg, Dental Solutions, Health Information Systems and Purification and Filtration. Solventum’s MedSurg segment offers advanced wound care and surgical solutions. Customers include public and private health care systems, ambulatory surgical centers, skilled nursing facilities, and long-term care facilities. The addressable market for the company in this segment is approximately $26 billion and growing at a rate of 3% to 5%. MedSurg’s revenue has been stable over the past three years, with an average operating margin of approximately 23%.
Solventum’s Dental Solutions is a supplier of a comprehensive package of restorative, preventive and orthodontic solutions for dentists and orthodontists. The addressable market for the company in this segment is approximately $17 billion and growing at a rate of 4% to 6%. Dental Solutions’ revenues have declined 5% over the past three years and its average operating margin was approximately 33%.
Solventum’s Health Information Systems (HIS) segment provides software solutions powered by clinical intelligence that create time for physicians to care for patients and improve the accuracy of healthcare reimbursement. Target customer markets include public and private hospitals, physician groups and clinics, federal government agencies, and payer organizations. The addressable market for the company in this segment is approximately $9 billion and growing at a rate of 6% to 8%. HIS sales have increased by 10% over the past three years and the average operating margin was approximately 31%.
Solventum’s Purification and Filtration segment supplies filters and membranes
