When was Mindray founded?

Mindray was founded in 1991 and raised its 1st funding round 12 years after it was founded.

Where is Mindray located?

Mindray is headquartered in Shenzhen, China. It is registered at Mahwah, New Jersey.

Who is the current CEO of Mindray?

LI Xiting, Cheng Minghe and Xu Hang s of Mindray.

How many employees does Mindray have?

As of Mar 31, 2026, the latest employee count at Mindray is 66.

Is Mindray a funded company?

Mindray is a funded company, having raised a total of $***** in its 1st and only funding round, a Series A round on 2003.

When was the latest funding round of Mindray?

Mindray's latest funding was a $***** Series A round on 2003, with participation from 1 investor.

What is the annual revenue of Mindray?

Annual revenue of Mindray is ₹1,220Cr as on Mar 31, 2025.

Where does Mindray rank among its competitors?

Mindray ranks 23rd amongst 1664 active competitors, of which 68 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Biorad Medisys, which secured $47.9M in May, 2024.

Who are the top competitors of Mindray?

Mindray's top competitors include Boston Scientific, Medtronic and Danaher. Among them, Biorad Medisys secured the most recent funding round in May, 2024.

Mindray - 2026 Company Profile, Team, Funding, Competitors & Financials

Mindray is a public company based in Shenzhen (China), founded in 1991. It operates as a Provider of medical equipment & accessories for both human and veterinary. Mindray has raised an undisclosed amount in funding. The company has 1664 active competitors, including 68 funded and 109 that have exited. Its top competitors include companies like Boston Scientific, Medtronic and Danaher.

Company Details

Provider of medical equipment & accessories for both human and veterinary. It provides solutions for patient monitoring, anesthesia, and ultrasound. It also provides care for variety of animals. In 2022, the company recorded annual revenues of $4.58B and a net profit of $1.47B.

Website: www.mindray.com/na/
Social
Email ID: *****@mindray.com
Phone Number: +86 **********
Registered Address: Mahwah, New Jersey

Key Metrics

Founded Year

1991

Location

Shenzhen, China

Stage

Public

Latest Funding Round

Series A, 2003, $*****

Investors

Goldman Sachs & 18 more

Ranked

23^rd among 1664 active competitors

Annual Revenue

₹1,220Cr as on Mar 31, 2025

Employee Count

66 as on Mar 31, 2026

Investment & Acquisitions

Huitai Medical & 4 more

Similar Companies

Boston Scientific & 1678 more

Exit Details

Public

View Mindray's full profile

Mindray is associated with 3 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
MINDRAY DS USA, INC. CIN: 800164497 , United States, Active	Dec 26, 999	-	18044 (As on Dec 31, 2023)	-
MINDRAY MEDICAL POLAND SPÓŁKA Z OGRANICZONĄ ODPOWIEDZIALNOŚCIĄ CIN: 0000503430 , Poland, Active	Mar 31, 2014	-	-
MINDRAY MEDICAL INDIA PVT. LTD. CIN: U51101MH2007PTC166751 , India, Active	Jan 05, 2007	$144M (As on Mar 31, 2025)	183 (As on Mar 01, 2026)

Mindray got listed on Oct 16, 2018.

Click here to take a look at Mindray's IPO in detail

Mindray has raised funding over 1 round. Its latest funding round was a Series A round on 2003 for $*****. 1 investor participated in its latest round. Mindray has 19 institutional investors.

Here is the list of recent funding rounds of Mindray:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
2003	9964	Series A	3626	7199	3741	8321

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Mindray's employee count trend

Mindray has 66 employees as of Mar 26. Here is Mindray's employee count trend over the years:

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Top competitors of Mindray include Boston Scientific, Medtronic and Danaher. Here is the list of Top 10 competitors of Mindray, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Boston Scientific 1979, Marlborough (United States), Public	Wide range of medical devices	-	JANA Partners, S Ventures & 8 others	81/100
2nd	Medtronic 1949, Minneapolis (United States), Public	Developer of medical equipment for chronic diseases	-	Saints Capital, Greyrock Investments & 24 others	79/100
3rd	Danaher 1969, Washington, DC (United States), Public	R&D company focused on manufacturing dental equipment for multiple therapeutic areas	-	Ventana Capital Management, Bank of America	69/100
4th	Baxter 1931, Deerfield (United States), Acquired	Provides biosciences, medication delivery and renal products	-	Tekla Capital Management, Bregal Sagemount ... & 7 others	68/100
5th	Trivitron 1997, Chennai (India), Series C	Provider of medical technology and devices for healthcare industry needs	$109M	Fidelity Investments, True North & 20 others	68/100
6th	HOYA 1941, Shinjuku (Japan), Public	Developer of a wide range of medical devices	-	-	66/100
7th	SAGE Therapeutics 1971, Boston (United States), Acquired	Developer of drug candidates for the treatment of rare CNS disorders	$106M	Orbimed, Foresite Capital & 10 others	66/100
8th	Stryker 1941, Kalamazoo (United States), Acquired	Manufacturer of 3D-printed orthopedic products	-	Castle Investment Management, Tekla Capital Management ... & 3 others	66/100
9th	Biorad Medisys 2007, Pune (India), Series A	Manufacturer of medical devices for orthopaedic, neurovascular, and endovascular procedures	$53.4M	InvAscent, BioMediCon & 5 others	65/100
10th	CONMED 1987, Utica (United States), Public	R&D company focused on manufacturing of surgical instruments for multiple therapeutic areas	-	Hudson River Capital Partners, J P Morgan Wealth Management ... & 2 others	64/100
23rd	Mindray 1991, Shenzhen (China), Public	Provider of medical equipment & accessories for both human and veterinary	-	Goldman Sachs, RiverHead Capital & 17 others	56/100

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Mindray has made 1 investments in companies including Huitai Medical. Mindray has also acquired 4 companies including DiaSys Diagnostic Systems and HyTest.

Here is the list of investments & acquisitions:

Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Feb 20, 2024	Investments	Huitai Medical		-
Jul 31, 2023	Acquisition	DiaSys Diagnostic Systems	1991	Holzheim (Germany)
May 17, 2021	Acquisition	HyTest	1994	Turku (Finland)