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 Innovasis 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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Innovasis is a medical device company that researches, develops, manufactures, and markets spinal implant devices and related products. The company offers products under cervical, thoracolumbar, cranial and biologics categories. Its products address the major pathologies and focus areas of the traditional spinal surgery. The major spinal pathologies include deformities, trauma, degenerative conditions, and tumors that can be caused by severe back pain and paralysis. Spinal implants are used for restoring mechanical and neurological function by fixing vertebral positioning. Innovasis is headquartered in Salt Lake City, Utah, the US.
The key metrics of Innovasis related to marketed and pipeline products, ongoing clinical trials, active jobs and publications from 2022 are shown below:
As Innovasis 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 Innovasis.
For a detailed understanding of the performance of Innovasis, 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.
