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 GT Medical Technologies 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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GT Medical Technologies Inc (GT Medical) is a medical device company that develops treatments for recurrent brain tumors. The company develops GammaTile therapy, a surgically targeted radiation therapy (STaRT) which targets residual tumor cells. Its GammaTile therapy is a bioresorbable, conformable, 3D-collagen tile and uniform radiation source. The company is funded by MedTech Venture Partners and BlueStone Venture Partners. GT Medical is headquartered in Tempe, Arizona, the US.

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

As GT Medical Technologies 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 GT Medical Technologies.

For a detailed understanding of the performance of GT Medical Technologies, 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.