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KORU Medical Systems, Inc. - Common Stock (KRMD)

3.8000
+0.1300 (3.54%)
NASDAQ · Last Trade: Jul 8th, 8:34 PM EDT
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Competitors to KORU Medical Systems, Inc. - Common Stock (KRMD)

Baxter International Inc. BAX +3.27%

Baxter is a leading global medical products company that specializes in therapies for hemophilia, kidney disease, and immune disorder. They compete with KORU Medical Systems through a comprehensive portfolio of infusion systems and similar medical technologies. Baxter's established market presence, extensive distribution network, and broad product line provide them with a competitive edge in the intravenous therapy market. Their ability to serve a wide range of healthcare providers and patients offers significant challenges for KORU as it seeks to expand its market footprint.

BD (Becton, Dickinson and Company) BDX +0.97%

BD is a global leader in medical technology, focusing on a wide array of products including injection devices and infusion systems. The company competes directly with KORU Medical Systems by offering advanced solutions in medication administration and drug delivery systems. BD's extensive portfolio, established market relationships, and significant investment in innovation give it a respected position in the industry. KORU, conversely, aims to capitalize on its niche offerings, such as the Corlife device, which allows for improved patient home care solutions, challenging BD in targeted markets.

Fresenius Kabi AG

Fresenius Kabi is focused on lifesaving medicines and technologies for infusion therapy, clinical nutrition, and dialysis. They compete with KORU through their established drug delivery systems and a strong emphasis on quality and safety in medical products. Their deep-rooted presence in critical care settings provides a competitive advantage, especially in European markets. KORU relies on innovation in delivering its products more efficiently, yet Fresenius Kabi's size and market experience pose considerable competition.

Medtronic plc MDT +1.04%

Medtronic is a major player in the medical device sector, focusing on advanced technologies related to chronic disease therapies. They compete with KORU in areas like home-based therapies and drug delivery systems. Medtronic's vast resources for research and development and a strong global sales network provide them with a competitive advantage, making them a formidable challenge for KORU in the healthcare industry. However, KORU's specialized focus on subcutaneous drug delivery provides a unique niche that allows it to distinguish itself in certain areas.

Smiths Medical

Smiths Medical, part of the Smiths Group, specializes in the development of products for medication delivery and vital care, directly competing with KORU in the medical device arena. They offer a strong suite of infusion systems that cater to both hospital and home care environments, similar to KORU's mission. However, Smiths Medical's long-standing reputation and broad portfolio provide significant leverage in negotiations with healthcare providers. KORU, with its innovative and user-friendly designs, aims to make inroads in markets often dominated by larger, established players like Smiths Medical.