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 Medyssey sales in the US from 2017 to 2023, 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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Data Insights Medyssey Co Ltd, United States Revenue

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Medyssey Co Ltd (Medyssey) formerly Varian Co Ltd, is a medical device company. It designs, manufactures, and distributes products for the surgical treatment of spine disorders. The company provides thoracolumbar stabilization, interbody fusion, and minimally invasive products. Its thoracolumbar stabilization products include the spinal thoracolumbar system and deformity system. Medyssey’s interbody fusion products comprise varian expandable cage, LP bullet-nosed peek cage system, and LT titanium PLIF cage system. The company provides minimally invasive products such as artemis minimally invasive and spinal fixation system. It markets its products through a network of distributors in Korea and other countries. Medyssey is headquartered in Jecheon, South Korea.

The key metrics of Medyssey related to marketed and pipeline products, ongoing clinical trials, active jobs and publications from 2023 are shown below:

As Medyssey 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 Medyssey.

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GlobalData’s revenue report leverages GlobalData’s SKU tracker, which contains real-world, purchasing data from the US healthcare institutions.