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LeMaitre Vascular LMAT · USD

Health Care · US listing · 🇺🇸 United States

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81.16

+0.33%

Close of 9 Nov 2026, in USD

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About LeMaitre Vascular

From its filings with the US Securities and Exchange Commission

SEC filings

LeMaitre Vascular is based in Burlington, Massachusetts. Its shares trade on Nasdaq under the ticker LMAT. The SEC classifies its business as surgical & medical instruments & apparatus. In the fiscal year to 31 December 2025, it reported revenue of $249.6m and net income of $57.7m. At that date it held total assets of $615.7m and shareholders' equity of $393.5m. By region, Americas [Member] accounted for 64.0%, followed by EMEA [Member] at 29.3% and Asia Pacific [Member] at 6.7%.

In its own words

We are a global provider of medical devices and human tissue cryopreservation services largely used in the treatment of peripheral vascular disease, end-stage renal disease, and cardiovascular disease. We develop, manufacture, and market vascular devices to address the needs of vascular surgeons and, to a lesser degree, other specialties such as cardiac surgeons, general surgeons, and neurosurgeons. Our diversified portfolio of devices consists of brand name products that are used in arteries and veins and are well known to vascular surgeons. Our principal product offerings are sold globally, primarily in the United States, Europe, Canada and Asia Pacific. We estimate that the annual worldwide market for peripheral vascular devices exceeds $9 billion, within which we estimate that the market for our products is approximately $1 billion.

We sell our products and services primarily through a direct sales force. Our worldwide headquarters is located in Burlington, Massachusetts, and we also have a North American sales office in Vaughan, Canada. Our European headquarters is located in Sulzbach, Germany, and we also have European sales offices in Milan, Italy; Madrid, Spain; Hereford, England; Dublin, Ireland; Maisons-Alfort, France; and Glattbrugg, Switzerland. Our Asia Pacific headquarters is located in Singapore, and we also have Asia Pacific sales offices in Tokyo, Japan; Shanghai, China; Docklands, Australia; Seoul, Korea; and Bangkok, Thailand.

Quoted from its 10-K, filed 26 Feb 2026. Read the filing on SEC.gov ↗

Company facts

Sector
Health Care
Industry
Health Care Equipment & Supplies
Listed since
19 Oct 2006
Employees
646
Head office
63 SECOND AVENUE, BURLINGTON, MA, 01803
Classification
Surgical & Medical Instruments & Apparatus
Filer status
Large accelerated filer

Leadership

Pay as last reported

  • Mr. George LemaitreChairman of the Board, Chief Executive Officer, since 1992$3.2m
  • Mr. David RobertsPresident, Director, since 1997$1.1m
  • Mr. Dorian LeBlancChief Financial Officer
  • Mr. Maik HelmersSenior Vice President - Sales, Central Europe
  • Mr. Ryan ConnellySenior Vice President - Advanced Manufacturing Engineering
  • Mr. Andrew HodgkinsonSenior Vice President - Clinical, Regulatory, Quality Affairs
  • Mr. Trent KamkeSenior Vice President - Operations$869,704
  • Mr. Stephane MaierSenior Vice President, Operations - EMEA
  • Mr. Jonathan NgauSenior Vice President - Information Technology
  • Mr. Jacob PetersenSenior Vice President, International
  • Mr. Christopher MinnettVice President Sales and Marketing, Americas
  • Ms. Giovannella DeiureVice President - Sales, Southern Europe

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
27
Environment
7
Social
41
Governance
35
Carbon reduction policy
No
Human rights policy
Yes

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • LeMaitre Vascular Inc boasts a highly experienced and skilled management team capable of executing strategic decisions effectively. The company's established brand reputation and strong market presence provide a competitive advantage, allowing for easier market penetration and customer acquisition. LeMaitre Vascular also benefits from a diverse product portfolio, offering a wide range of innovative medical devices and solutions.

Weaknesses

  • One weakness of LeMaitre Vascular is its overdependence on specific product lines, potentially exposing the company to market fluctuations and unforeseen disruptions. Additionally, the company's limited distribution network in certain regions may hinder its expansion capabilities. Improved diversification and wider market coverage are areas that require attention.

Opportunities

  • The growing demand for minimally invasive medical procedures presents a significant opportunity for LeMaitre Vascular. By developing and promoting advanced technologies and solutions in this space, the company can tap into a burgeoning market segment. Furthermore, expanding its presence in untapped markets and forming strategic partnerships with healthcare centers and professionals can lead to increased revenue and market share.

Threats

  • LeMaitre Vascular operates in an industry characterized by intense competition and rapid technological advancements. This poses a threat to the company's market position, as competitors may introduce innovative products or engage in aggressive pricing strategies. Additionally, regulatory changes and uncertainties within the healthcare industry can disrupt business operations and impact revenue. Adopting proactive measures to stay ahead of market changes and conforming to evolving regulations is vital.

Sources and methodology

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