Insulet Corp
NASDAQ:PODD
Gross Margin
Insulet Corp
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Gross Margin Across Competitors
| Country | Company | Market Cap |
Gross Margin |
||
|---|---|---|---|---|---|
| US |
|
Insulet Corp
NASDAQ:PODD
|
18B USD |
70%
|
|
| US |
|
Abbott Laboratories
NYSE:ABT
|
216.2B USD |
56%
|
|
| US |
|
Intuitive Surgical Inc
NASDAQ:ISRG
|
165.1B USD |
67%
|
|
| US |
|
Boston Scientific Corp
NYSE:BSX
|
134.9B USD |
68%
|
|
| US |
|
Stryker Corp
NYSE:SYK
|
131.7B USD |
64%
|
|
| IE |
|
Medtronic PLC
NYSE:MDT
|
106.7B USD |
66%
|
|
| US |
|
Becton Dickinson and Co
NYSE:BDX
|
59.5B USD |
45%
|
|
| DE |
|
Siemens Healthineers AG
XETRA:SHL
|
48.4B EUR |
38%
|
|
| US |
|
Edwards Lifesciences Corp
NYSE:EW
|
40.6B USD |
79%
|
|
| CN |
|
Shenzhen Mindray Bio-Medical Electronics Co Ltd
SZSE:300760
|
258.3B CNY |
64%
|
|
| US |
|
Resmed Inc
NYSE:RMD
|
31.3B USD |
58%
|
Insulet Corp
Glance View
Insulet Corporation has carved out a significant niche in the medical device industry, distinguishing itself through its innovative approach to diabetes management. The company is best known for its Omnipod Insulin Management System, a discreet, tubeless insulin pump that provides a solution for individuals with diabetes seeking an alternative to traditional insulin delivery methods. Unlike conventional pumps that require cumbersome tubes and significant patient involvement, the Omnipod system offers ease and convenience, allowing users more freedom and flexibility in their daily lives. The system operates via a small wearable pod that delivers insulin over several days, which users control remotely, removing much of the hassle associated with managing diabetes. Insulet generates revenue by selling these pods and the associated Personal Diabetes Manager (PDM) devices, which together comprise the entire system. Customers typically purchase pods on a recurring basis, similar to a subscription model, which creates a steady stream of revenue for the company. The business model emphasizes continuous growth by expanding its user base and improving its technology to remain at the forefront of patient-centric diabetes care. Insulet's strategic focus on the needs of its users and commitment to refining their health technology has enabled it to build a sustainable business that addresses a critical healthcare challenge while also delivering consistent financial performance.
See Also
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Based on Insulet Corp's most recent financial statements, the company has Gross Margin of 69.8%.
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