MedWatch

Coloplast CEO wants to increase US market share to global level

The company aims to grow in the US through new agreements with procurement firms.

Kristian Villumsen, CEO at Coloplast | Photo: Stine Bidstrup/Ritzau Scanpix

After securing agreements with US procurement companies Vizient and Premier, which give manufacturers easier access to hospitals, Coloplast is aiming to acquire market shares in the country equivalent to its global presence – equating to around 40-55 percent of the market, Danish financial daily Børsen reports.

"I tend to say to my US organization that we can't have any other ambition than to match global market shares. We haven't done that yet," says Kristian Villumsen, CEO at Coloplast, to the media.

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