Hindustan Syringes and Medical Devices Ltd.
Hindustan Syringes & Medical Devices Ltd. (HMD), is a medical device company engaged in the manufacturing and distribution of disposables syringes and needles. The company operates through its subsidiaries namely HMD Healthcare Ltd., the U.K and HMD Healthcare (USA) Inc. It manufactures over two billion syringes annually at its multiple manufacturing locations in Ballabgarh, India. The company distributes its products through a vast network of dealers across 60 countries principally in India, Europe, Middle East, South East Asia and South America. The company is headquartered at Faridabad in Haryana, India.
Its product portfolio consists of Insulin Syringes, I.V Cannulas, Single Use Needles, Single use Syringes, Infusion sets, Surgical blades, Scalpels, Glass syringes, Blood collection set, Non reusable syringes, safety box Blood Collection Tube and Blood Collection Needle. HMD`S Dispovan (disposable syringe) covers over 65% market share in India. HMD group turnover is around (INR) 2500 million and average compound growth rate for last 10 years is over 25% per annum.
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