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 Innovative Health 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.
Innovative Health is a medical device company that manufactures laboratory equipment. The company offers reprocessed single-use devices to healthcare institutes and laboratories. Its product portfolio includes mapping catheters, transseptal needles, vascular imaging catheters, diagnostic ultrasound catheters, introducer sheaths, diagnostic EP catheters and EP cables. The company provides its products to hospitals and laboratories across North America. The company is headquartered in Scottsdale, Arizona, the US.
The key metrics of Innovative Health related to marketed and pipeline products, ongoing clinical trials, active jobs and publications from 2022 are shown below:
As Innovative Health 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 Innovative Health.
For a detailed understanding of the performance of Innovative Health, buy the report here.