# Mindray

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Chinese medical instrumentation manufacturer

Mindray Bio-Medical Electronics Co., Ltd. Headquarters in Shenzhen Native name 迈瑞生物医疗电子股份有限公司 Type Public Traded as SZSE: 300760 CSI A50 Industry Healthcare Headquarters Mindray Building, Shenzhen, Guangdong , China Area served Worldwide Key people Li Xiting (chairman) Xu Hang (co-founder) Cheng Minghe (executive VP) Wu Hao (CEO) Products IT Solutions Patient Monitors Ultrasound Systems Anesthesia Delivery Systems Total Laboratory Automation (TLA)s Hematology Analyzers Ventilators AEDs Revenue US$5.1 Billion (2024) Operating income US$1.54 Billion (2024) Net income US$1.46 Billion (2024) Number of employees 21,000 (2025)[1] Footnotes [2]

**Mindray Bio-Medical Electronics Co., Ltd.**, simply known as **Mindray** ([Chinese](/source/Simplified_Chinese_characters): 迈瑞; [pinyin](/source/Pinyin): *Màiruì*), is a Chinese multinational [health technology](/source/Health_technology) company based in [Shenzhen](/source/Shenzhen), [Guangdong](/source/Guangdong). Mindray designs and produces medical equipment and accessories for both [human](/source/Human) and [veterinary](/source/Veterinary) use. The company is organized into three key business lines: Patient Monitoring & [Life Support](/source/Life_support), [In-Vitro](/source/In_vitro) Diagnostic Products, and [Medical Imaging](/source/Medical_imaging) Systems. In 2008, Mindray was recognized as China's largest medical device manufacturer.[3]

## History

Mindray was founded in 1991 in [Shenzhen](/source/Shenzhen), Guangdong[4] by seven former employees of Anke (安科), including [Li Xiting](/source/Li_Xiting) (李西廷), [Xu Hang](/source/Xu_Hang) (徐航) and Cheng Minghe (成明和).[5] It grew by providing domestic patient monitoring, imaging, and other diagnostic products. Mindray maintains 41 subsidiaries and branch offices in 31 countries, as well as 32 branch offices in China. Mindray was listed on the [NYSE](/source/New_York_Stock_Exchange) in September 2006 and delisted in March 2016 to apply for a re-listing in China's [A-Share market](/source/A-share_(mainland_China)).[6] Mindray was re-listed in the [Shenzhen Stock Exchange](/source/Shenzhen_Stock_Exchange) in October 2018.[7]

Mindray faced hiring controversy at the end of 2018 when it rescinded job offers from 254 university students due to changing economic conditions.[8] The company reinstated the offers in early 2019 citing 'corporate social responsibility' after public outcry.[9]

Mindray partnered with Korle Bu Teaching Hospital in January 2019 to improve diagnostic patient care in [Ghana](/source/Ghana). The company donated a SAL 6000 analyzer to improve local lab test efficiency.[10]

## Divisions

The Patient Monitoring & Life Support division develops and manufactures multi-parameter patient monitors, [biotelemetry](/source/Biotelemetry) systems, [anesthesia](/source/Anesthesia) delivery systems, [defibrillators](/source/Defibrillator), ECG machines, pulse oxymeters, hospital beds, mounting systems and IT solutions.[11] In 2008, Mindray purchased the Patient Monitoring division of Datascope Corporation for $209 million to expand their presence outside of China.

The In-Vitro Diagnostic division provides data and analysis on blood, urine, and other bodily fluid samples for clinical diagnosis and treatment. This segment offers a range of semi-automated and fully automated diagnostic laboratory instruments for laboratories, clinics, and hospitals. Its products include hematology analyzers, biochemistry analyzers, reagents, a microplate reader and a microplate washer.

## Notes

1. **[^](#cite_ref-1)** ["About Us: Corporate Information and Culture"](https://www.mindray.com/en/about-us). Mindray.

1. **[^](#cite_ref-2)** ["Mindray Investor Relations"](https://ir.mindray.com/). Mindray.

1. **[^](#cite_ref-3)** ["China's Largest Medical Device Manufacturer"](http://bg2.mofcom.gov.cn/aarticle/supplydemandofchina/cooperation/200509/20050900369369.html). Retrieved 2008-02-04.

1. **[^](#cite_ref-4)** ["Mindray History: 30 Years of Relentless Innovation"](https://www.mindray.com/en/about-us/history). *Mindray*. 2024-12-31. Retrieved 2025-08-13.

1. **[^](#cite_ref-5)** ["中国合伙人：迈瑞三剑客创业史"](http://cj.sina.com.cn/article/detail/6066470577/188555). *Sina*. 2017-03-15. Retrieved 2019-05-10.

1. **[^](#cite_ref-6)** ["Mindray Won't List on Main Shenzhen Board"](https://www.caixinglobal.com/2018-02-27/mindray-wont-list-on-main-shenzhen-board-101214735.html). *Caixin Global*. 2018-02-17. Retrieved 2018-02-17.

1. **[^](#cite_ref-7)** ["Mindray Healthcare, the largest IPO in GEM history, went public today"](https://news.futunn.com/en/post/1721873/mindray-healthcare-the-largest-ipo-in-gem-history-went-public?level=1&data_ticket=1755052391627574). *Futubull*. 2018-10-16. Retrieved 2018-10-17.

1. **[^](#cite_ref-8)** ["How China's economic woes are smashing its top graduates' dreams"](https://www.scmp.com/economy/china-economy/article/2180796/how-chinas-worsening-economic-woes-are-shattering-dreams-its). *South China Morning Post*. 7 January 2019.

1. **[^](#cite_ref-9)** ["You're rehired! Chinese firm restores job offers to over 200 graduates"](https://www.scmp.com/economy/china-economy/article/2181400/youre-rehired-chinese-firm-overturns-decision-cancel). *South China Morning Post*. 9 January 2019.

1. **[^](#cite_ref-10)** ["Korle-Bu Hospital inaugurates state-of-the-art analyzer laboratory"](https://www.businessghana.com/site/news/general/180798/Korle-Bu-Hospital-inaugurates-state-of-the-art-analyzer-laboratory). *BusinessGhana*.

1. **[^](#cite_ref-11)** ["Frost & Sullivan Commends Mindray Medical International for its Global Excellence in Patient Monitoring"](https://www.frost.com/prod/servlet/press-release.pag?docid=102829330) (Press release). [Frost & Sullivan](/source/Frost_%26_Sullivan). 2007-07-30. Retrieved 2009-01-19.

v t e Constituents of Hang Seng China 50 Index Agricultural Bank of China Alibaba Group Baidu Bank of China Bank of Communications BYD Company CATL China Construction Bank China Life Insurance Company China Merchants Bank China Mobile China Pacific Insurance Company China Shenhua Energy CITS Group Corporation China Yangtze Power CITIC Securities CNOOC Limited Foshan Haitian Flavouring & Food Co Great Wall Motor Gree Electric Hikvision ICBC Industrial Bank JD.com Jiangsu Hengrui Medicine Kuaishou Kweichow Moutai LONGi Luxshare Meituan Midea Group Mindray Muyuan Foodstuff NetEase Nongfu Spring PetroChina Ping An Bank Ping An Insurance Postal Savings Bank of China SF Express Shanghai Pudong Development Bank Shanxi Xinghuacun Fen Wine Factory Sinopec Tencent Vanke Wanhua Chemical Group Wuliangye Yibin WuXi AppTec Xiaomi Yihai Kerry

v t e Constituents of the SZSE 100 Index Aier Eye Hospital AVIC Aircraft AVIC Jonhon Optronic Technology Bank of Ningbo BOE Technology BYD Company CATL Changan Automobile China Merchants Shekou Industrial Zone Holdings Dahua Technology East Money Focus Media Ganfeng Lithium GF Securities Goertek Gree Electric Guosen Securities Guoxin Micro Hikvision Huadong Medicine iFlytek Inovance JA Solar Holdings Lens Technology Longyuan Power Luxshare Luzhou Laojiao Maxscend Microelectronics Midea Group Mindray Muyuan Foodstuff Naura Technology Oriental Yuhong Ping An Bank Qinghai Salt Lake Potash Sanhua SF Express Shenwan Hongyuan Sungrow TCL Technology Tianqi Lithium Tinci Materials Unisplendour Vanke Weichai Power Wens Foodstuff Group Wuliangye XCMG Xishan Coal and Electricity Power Yunnan Baiyao Group Zhongji Innolight Zoomlion ZTE

v t e Constituents of the FTSE China A50 Index Agricultural Bank of China Bank of China Bank of Communications Beijing–Shanghai High-Speed Railway BYD CGN Power China CITIC Bank China Construction Bank China Everbright Bank China Merchants Bank China Pacific Insurance China Petroleum & Chemical China Securities China Shenhua Energy China State Construction Engineering Corporation China Tourism Group China Yangtze Power CITIC Securities Contemporary Amperex Technology East Money Information Foshan Haitian Flavouring and Food Foxconn Industrial Internet Great Wall Motor Gree Electric Appliances Inc of Zhuhai Haier Hygon Information Technology Industrial and Commercial Bank of China Industrial Bank Inner Mongolia Yili Industrial Jiangsu Hengrui Medicine Kweichow Moutai LONGi Green Energy Technology Luxshare Luzhou Laojiao Midea Group Mindray Muyuan Foodstuff Nari Technology People's Insurance Company of China PetroChina Ping An Bank Ping An Insurance Postal Savings Bank of China S.F. Holding Shaanxi Coal and Chemical Industry Shanghai Pudong Development Bank Shanxi Xinghuacun Fen Wine Factory Wanhua Chemical Group Wuliangye Yibin Yihai Kerry Zijin Mining

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