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 Hospi 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 Hospi Corporation, United States Revenue

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Hospi provides solutions to clinicians to improve the quality of life for both patients and their caregivers. Its products improve patients’ responses to illnesses by easing suffering, preventing injuries or complications, and decreasing the burden of illness for both caregivers and patients. The company’s product Macy Catheter is a patented product that is designed to facilitate discreet and comfortable rectal administration of liquids or medications. It can be used in a patient with difficulty swallowing or the oral route is compromised. The Macy Catheter is used in hospice and palliative care, the emergency department, and skilled nursing facilities. Hospi is headquartered in San Mateo, California, the US.

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

As Hospi 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 Hospi.

For a detailed understanding of the performance of Hospi, 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.