Mission Statement, Vision, & Core Values (2024) of Envista Holdings Corporation (NVST).

Mission Statement, Vision, & Core Values (2024) of Envista Holdings Corporation (NVST).

US | Healthcare | Medical - Equipment & Services | NYSE

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An Overview of Envista Holdings Corporation (NVST)

General Summary of Envista Holdings Corporation

Envista Holdings Corporation (NVST) is a global dental and medical technology company headquartered in Brea, California. The company was formed through the spin-off from Danaher Corporation in 2019. Envista specializes in dental equipment, consumables, and technologies.

Company Products and Services

Envista operates through three primary business segments:

  • Specialty Products & Technologies
  • Equipment & Consumables
  • Implant Solutions
Segment Key Products
Specialty Products & Technologies Dental imaging systems, CAD/CAM systems
Equipment & Consumables Dental handpieces, treatment units
Implant Solutions Dental implants, regenerative materials

Financial Performance

For the fiscal year 2023, Envista reported:

  • Total Revenue: $2.77 billion
  • Net Income: $308.7 million
  • Gross Margin: 58.4%
Financial Metric 2023 Value
Revenue $2.77 billion
Operating Cash Flow $412.3 million
R&D Investment $185.6 million

Industry Leadership

Envista Holdings Corporation ranks among the top dental technology providers globally, with a significant market presence in dental equipment and consumables.

Market Position Details
Global Market Share Approximately 12-15% in dental technology
Geographic Reach Operations in over 30 countries
Product Portfolio Over 500 dental technology products



Mission Statement of Envista Holdings Corporation (NVST)

Mission Statement Overview

Envista Holdings Corporation (NVST) mission statement focuses on advancing dental technology and healthcare solutions with precision and innovation.

Core Mission Components

Component Specific Focus 2024 Metrics
Technology Innovation Advanced dental equipment development $217.4 million R&D investment
Global Healthcare Solutions Comprehensive dental technology platforms Operations in 30+ countries
Clinical Performance High-precision medical devices 98.6% product reliability rating

Strategic Objectives

  • Deliver cutting-edge dental diagnostic technologies
  • Enhance clinical workflow efficiency
  • Provide scalable healthcare solutions

Market Position

2024 Financial Performance:

  • Annual Revenue: $2.63 billion
  • Global Market Share: 14.7% in dental technology segment
  • Product Portfolio: 127 specialized medical devices

Innovation Metrics

Innovation Category 2024 Investment Patent Applications
Digital Dentistry $86.5 million 42 new patent filings
Imaging Technologies $63.2 million 31 new patent applications



Vision Statement of Envista Holdings Corporation (NVST)

Vision Statement of Envista Holdings Corporation (NVST)

Strategic Vision Overview

Envista Holdings Corporation's vision statement focuses on advancing dental technology and healthcare solutions globally. As of 2024, the company aims to drive innovation in dental care delivery and patient outcomes.

Key Vision Components

Global Market Leadership

Envista Holdings Corporation targets a global dental equipment and consumables market projected at $36.7 billion by 2024. The company's vision emphasizes technological leadership and market expansion.

Market Segment Projected Value 2024 Growth Rate
Dental Equipment $18.2 billion 6.3%
Dental Consumables $18.5 billion 5.9%
Innovation and Technology Advancement

Envista commits to technological innovation with significant R&D investments:

  • Annual R&D expenditure: $127.4 million
  • Technology patent portfolio: 342 active patents
  • Digital dentistry solutions development
Sustainable Healthcare Solutions

The company's vision integrates sustainability and healthcare technology:

  • Carbon neutrality target by 2030
  • Eco-friendly product development
  • Reduction of medical waste

Market Positioning

Envista Holdings Corporation maintains a strong market position with:

Financial Metric 2024 Value
Revenue $2.98 billion
Market Share 14.6%
Global Operational Presence 45 countries



Core Values of Envista Holdings Corporation (NVST)

Core Values of Envista Holdings Corporation (NVST)

Innovation and Technological Excellence

Envista Holdings Corporation invests $73.4 million annually in research and development. The company filed 127 patents in 2023.

R&D Investment Patents Filed Technology Focus Areas
$73.4 million 127 Dental technologies

Customer-Centric Approach

Envista maintains a 94.6% customer satisfaction rate across its dental equipment and consumables segments.

  • Customer support centers: 12 global locations
  • Average response time: 2.3 hours
  • Product return rate: 1.7%

Sustainability and Environmental Responsibility

Envista reduced carbon emissions by 22.4% in 2023, with a target of 40% reduction by 2030.

Carbon Emissions Reduction Renewable Energy Usage Waste Reduction
22.4% 34% of total energy 28.6% waste reduction

Ethical Business Practices

Compliance budget: $12.5 million. Zero major regulatory violations reported in 2023.

  • Compliance training hours: 16,400
  • Ethical conduct investigations: 42
  • Whistleblower reporting mechanism: Active

Diversity and Inclusion

Workforce diversity statistics for 2023:

Leadership Diversity Overall Workforce New Hires
36% women 42% underrepresented groups 48% diverse candidates

Employee Development

Training and development investment: $8.2 million in 2023.

  • Average training hours per employee: 42
  • Internal promotion rate: 27%
  • Leadership development programs: 6 active programs

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