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 Monaghan 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.
Monaghan Medical is a medical equipment company that designs, manufactures, and distributes respiratory devices. The company offers aerosol drug delivery devices, airway maintenance products, specialty products, and peak flow meters for the treatment of asthma, chronic obstructive pulmonary disease (COPD) and other respiratory illnesses. Its major brands include Aerochamber Plus, Aeroeclipse, Aerobika, VersaPAP, Truzone, and Strive among others. Monaghan Medical is headquartered in Plattsburgh, New York, the US.
The key metrics of Monaghan Medical related to marketed and pipeline products, ongoing clinical trials, active jobs and publications from 2022 are shown below:
As Monaghan 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 Monaghan Medical.
For a detailed understanding of the performance of Monaghan Medical, buy the report here.