The medical devices sector is typified by frequent change and innovation, in response to problems and issues faced by the healthcare industry. As a result, the sector has seen the emergence of several start-up medtech companies offering disruptive, cutting-edge solutions. Most of these are private companies, where data such as revenue is frequently not disclosed. National estimates for Action Products sales in the US from 2016 to 2022, as well as year-on-year growth rates, can be viewed in GlobalData’s micro revenue report. Buy the report here.
Action Products is a provider of medical devices. The company designs, manufactures, and distributes cushioning and comfort products for the healthcare industry. The company offers hospital products and home medical equipment. Its hospital products include head pads, stretcher pads, replacement table pads, overlays, arm pads, shoulder and elbow pads, chest rolls, and positioners. Action’s home medical equipment include wheelchair cushions, mattress overlays, adaptive pads, heel and elbow pads, cushion covers, hand exercisers, repair kits and commode covers. The company distributes its products in Germany, Peru, the Philippines, Greece, Guatemala, Portugal, Puerto Rico, Saudi Arabia, India, Hong Kong, and Brazil, among others. Action is headquartered in Hagerstown, Maryland, the US.
The key metrics of Action Products related to marketed and pipeline products, ongoing clinical trials, active jobs and publications from 2022 are shown below:
As Action Products is a privately held company, it is not required to disclose its financial information and there is no stock listed on an exchange. GlobalData has access to a proprietary data set containing invoice data from over 2,600 healthcare institutions in the US and is therefore able to use estimations of a company’s revenue and growth to value private companies such as Action Products.
For a detailed understanding of the performance of Action Products, buy the report here.