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 Incrediwear 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.
Incrediwear Holdings is a medical equipment company that manufactures pain relieve products. The company’s products reduce inflammation, relieve pain, optimize performance, and accelerate recovery. Its product portfolio includes bandage wraps, socks, ankle sleeves, back braces, hip brace, and body sleeves among others. Its technology incorporates semiconductor elements within its fabric, which when stimulated by body heat, release negative ions. The company has a presence in Australia, Denmark, Dubai, Estonia, Finland, Germany, Ireland, Kuwait, Latvia, Sweden and the US. Incrediwear is headquartered in Chico, California, the US.
The key metrics of Incrediwear related to marketed and pipeline products, ongoing clinical trials, active jobs and publications from 2022 are shown below:
As Incrediwear 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 Incrediwear.
For a detailed understanding of the performance of Incrediwear, buy the report here.