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 Humane Restraint 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.
Humane Restraint Co is a medical equipment company that manufactures and sells restraints and protective devices. The company’s product portfolio includes hospital beds, bed restraints, handcuffs, ankle hobbles, high-security restraints, transport belts, and waist chains, among others. It also offers long-term care products like cotton grommet belts, safety blankets, safety pillows and safety restraint chairs. The company’s products are used in hospitals, courts, law enforcement and correction centres. Humane Restraint is headquartered in Waunakee, Wisconsin, the US.
The key metrics of Humane Restraint related to marketed and pipeline products, ongoing clinical trials, active jobs and publications from 2022 are shown below:
As Humane Restraint 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 Humane Restraint.
For a detailed understanding of the performance of Humane Restraint, buy the report here.