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 Biometrics 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.
Biometrics Ltd (Biometrics) is a medical device company that offers data acquisition and clinical rehabilitation products. The company offers data acquisition products which include instrumentation, sensors, consumables and leads, cables and accessory products. Its clinical rehabilitation products comprise wireless interface units, wired interface units, modules, consumables and e-link language systems. The company’s clinical rehabilitation products are used in hand therapy, stroke rehabilitation, pediatric rehabilitation, spinal injury rehabilitation, neuro rehabilitation and medical evaluation applications. It sells its products through a network of distributors in the UK and abroad. Biometrics is headquartered in Newport, Wales, the UK.
The key metrics of Biometrics related to marketed and pipeline products, ongoing clinical trials, active jobs and publications from 2022 are shown below:
As Biometrics 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 Biometrics.
For a detailed understanding of the performance of Biometrics, buy the report here.