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 Howard Medical sales in the US from 2017 to 2023, 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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Hospitech respiration Ltd (Hospitech) is a developer of medical devices that minimize the risks in prolonged mechanical ventilation and intubation. The company develops and commercializes airway management solutions. Its ETT and disposable solutions comprise manual aspiration of subglottic secretions, AnapnoGuard endotracheal tube, and cuff pressure measurement and adjustment. Hospitech provides medical healthcare solutions to provide safety of ventilated patients and to minimize complications of the patients suffering from respiratory disorders. The company also develops medical device in the field of ventilation. It markets its products in Israel and abroad. Hospitech is headquartered in Petach Tikva, Israel.
The key metrics of Howard Medical related to marketed and pipeline products, ongoing clinical trials, active jobs and publications from 2023 are shown below:
As Howard Medical 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 Howard Medical.
For a detailed understanding of the performance of Howard Medical, 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.
