AVNS

Company Overview

Avanos Medical Inc. (AVNS) is a leading global provider of medical technology committed to enhancing patient outcomes. The company operates through a single segment, which delivers medical device solutions to healthcare providers and patients worldwide, focusing on two platforms: Digestive Health and Pain Management and Recovery. The company’s expertise extends to digestive health solutions, NICU pharmacy products, and IV therapy solutions, supporting comprehensive healthcare needs with innovation and quality care.

The company caters to the infusion pump and devices market through its Pain Management & Recovery portfolio. This portfolio is divided into Surgical pain and recovery and Interventional pain. Avanos offers surgical pain and recovery products like ON-Q, ambIT surgical pain pumps, and Game Ready cold and compression therapy systems. Additionally, interventional pain solutions include COOLIEF pain therapy, OrthogenRx’s knee osteoarthritis HA pain relief injections, and Diros’ RFA products for chronic pain management.

Avanos has manufacturing facilities in the U.S. and Mexico. The company’s products are marketed directly to hospitals and healthcare providers, often distributed through third-party wholesale channels. However, some sales are made directly to healthcare facilities and other end users. Avanos develops, manufactures, and distributes its well-established brands in over 90 countries.

Financial Highlights (FY 2024)

Company's Business Segments

• Medical Device Solutions : The company offers clinically-superior medical device solutions for pain management, digestive health, and respiratory health.