Baxter International Inc. is a global healthcare company that provides a variety of essential medical products and therapies. The company operates in several segments, including Medical Products and Therapies, Healthcare Systems and Technologies, Pharmaceuticals, and Kidney Care. Baxter supplies acute and chronic dialysis therapies, sterile IV solutions, infusion systems, parenteral nutrition, and advanced surgical equipment, among other healthcare solutions. Its products are sold in over 100 countries and are utilized by hospitals, clinics, and patients outside hospital settings, emphasizing its role in enhancing global healthcare access.
Recently, Baxter's strategic focus has shifted towards creating a more streamlined operation by completing a significant spinoff of its Kidney Care business and selling its BioPharma Solutions segment. These actions are aimed at enhancing operational effectiveness and innovation within Baxter's remaining core segments. The acquisition of Hillrom is also a key component of this strategy as it integrates advanced medical technologies into Baxter's portfolio, positioning the company for further growth in connected care solutions and expanding its market presence in both developed and emerging economies.