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 CoapTech 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.

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Data Insights CoapTech LLC, United States Revenue

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CoapTech is a medical device company that focuses on improving medical care delivery for young and old patients. The company is developing a minimally invasive method for the placement of permanent gastrostomy (feeding) tubes into the stomachs of patients. CoapTech is leveraging its patented, disruptive technology, the PUMA Platform which will reduce healthcare costs, and improve safety, quality, patient experience, and access to services globally. The PUMA System enables procedures using point-of-care ultrasound in hollow organs. CoapTech is headquartered in Baltimore, Maryland, the US.

The key metrics of CoapTech related to marketed and pipeline products, ongoing clinical trials, active jobs and publications from 2022 are shown below:

As CoapTech 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 CoapTech.

For a detailed understanding of the performance of CoapTech, buy the report here.

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GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article. 

GlobalData’s revenue report leverages GlobalData’s SKU tracker, which contains real-world, purchasing data from the US healthcare institutions.