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 IOPI Medical 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.
IOPI Medical is a medical device company that designs, manufactures and markets instruments for use by health professionals working with patients with oral motor problems affecting speech and swallowing. The company’s product portfolio includes IOPI system, IOPI pro deluxe kit, standard kit, trainer kit, tongue bulbs, connecting tube, report generator and rubber face model, among others. The company operates in South Korea, Singapore, Thailand, Malaysia, Vietnam, Sweden, Norway, Denmark and Finland, The Netherlands, Turkey, Spain, Canada, Taiwan and others. IOPI Medical is headquartered in Woodinville, Washington, the US.
The key metrics of IOPI Medical related to marketed and pipeline products, ongoing clinical trials, active jobs and publications from 2022 are shown below:
As IOPI Medical 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 IOPI Medical.
For a detailed understanding of the performance of IOPI Medical, buy the report here.