Healthcare

Hill-Rom Holdings, Inc.

Company Profile Analysis

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Hill-Rom Holdings, Inc. - Healthcare showcase

Year Founded & Workforce

1914-12-31

10,000 Employees

Industry

Healthcare

Services

H

Hill-Rom Holdings, Inc. Overview

Company Headquarters: Indiana, US

Founded: 1915

Workforce: ~10,000

Company Working: Hill-Rom Holdings Inc (Hillrom) is a medical equipment manufacturing company. The company offers patient support systems, surgical solutions, and front-line care products. Its major products and services include patient mobility solutions, specialty frames and surfaces, non-invasive therapeutic products and surfaces, patient monitoring and diagnostics products, respiratory health products, and surgical products that are used within the operating room setting. Additionally, it operates as a subsidiary of Baxter. It also provides products for acute care hospitals, extended care facilities, and home healthcare agencies. Moreover, the company is also making progress with its clinical initiatives that are designed to deliver instruments for creating a secure environment for patients and employees, measuring, and treating pressure injuries, and fall prevention. Furthermore, it distributes its products in the US, Canada, and other countries using a network of distributors, direct sales representatives, and fully owned subsidiaries. The company has a strong presence in the Americas, Europe, and Asia-Pacific regions.

Strategy

Hill-Rom Holdings, Inc. focuses on patient care solutions that improve clinical and economic outcomes. It also focuses on the ongoing expansion of its business through strategic collaborations, including new technologies, additional products, organizational strength, and mergers and acquisitions to strengthen its position in the market. Moreover, it also concentrates on delivering innovative solutions and improving product quality through research & development.

Company Snapshot

$2,907.3M

Revenue

10,000

Employees

1914-12-31

Founded

Indiana, US

Headquarters

SWOT Analysis

Strengths

  • Strong distribution network
  • Automation of activities brought consistency of quality to the products of Hill-Rom Holdings
  • Employee relation
  • Diversified product portfolio
  • Global presence is in over 100 countries
  • Extensive R&D capabilities
  • High level of customer satisfaction

Weaknesses

  • Substantial amount of indebtedness
  • Future financial performance will depend on the successful introduction of new products
  • Product recalls

Opportunities

  • Opportunity to procure products by collaborations with governments
  • Explore new business segments
  • Opportunities in online space
  • Accelerated technological innovations and advances

Threats

  • Failure to comply with the FDA regulations and similar foreign regulations applicable to the products
  • The assets in the pension plans are subject to market disruptions
  • Stiff competition
  • Stringent government regulations

Key Developments

DateApproachDevelopment
July 2020PartnershipHill-Rom Holdings, Inc (US) announced a new commercial partnership with AIVA INC (US), to enable hands-free communication for both patients and staff utilizing an in-room voice assistant and Hill-Rom’s Voalte Mobile solution.

Product Offering

  • Hill-Rom Holdings, Inc.
    • Cardiopulmonary Exercise Testing Services
    • Suture Needles
    • Suture Aid Booties
    • Nurse Call System
    • Cardiopulmonary Exercise Testing

Financial Performance

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About the Author

Wantstats Research Team

Wantstats' research desk profiles Hill-Rom Holdings, Inc. as part of our ongoing coverage of the Healthcare sector, drawing on public company data, filings, and market intelligence.

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I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
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Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.
Noah Malgeri
Noah Malgeri

Co-Founder, Mojave Rail Fabrication Limited

This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job.
Michael Robert

Manager, JavolVision

Thanks, I am so happy that we worked together. Maybe we still can work together in the future.
Joseph Aguayo
Joseph Aguayo

Sales Operations & Pricing Manager, Intel

Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.
Bong Lau

Sales Leader, Bamberg

We bought your "2025 report" in 2020. Everything is fine and very good.
Peter Groot Koerkamp
Peter Groot Koerkamp

Account and Business Manager, EFS-Holland BV

Thanks for sending the report it gives us a good global view of the Betaïne market.
Younghwan Choi
Younghwan Choi

Senior Retail Manager, LG Chem

We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.
Mark Irwin

Management Consultant, Level 21

I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.
Rob Kooiker

Group Product Manager HVAC & Fire Protection GMA, Rockwool

I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
Jason Lee

R&D Director, Seojin

Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.

Hill-Rom Holdings, Inc.

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