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 Hy-Tape International 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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Hy-Tape International is a medical equipment company that manufactures and sells surgical adhesives. It offers surgical tapes, single-use tape strips, adhesive patches, and single-use tape rolls. The company’s products find application in ostomy securement, wound care and dressings, long-term care, scar protection, dermatology, plastic surgery, neonatal care, securement of the nasal cannula for infants, toddlers, and small children, anaesthesiology, infection control, endotracheal tubes and IV, hydrocolloid faecal collector, and gastronomy. Hy-Tape is headquartered in Patterson, New York, the US.

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

As Hy-Tape International 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 Hy-Tape International.

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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.