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 PainTEQ 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.
PainTEQ is a medical equipment company that designs and develops solutions for SI joint dysfunction. The company’s flagship product LinQ SI joint stabilization system offers a minimally invasive solution for patients with SI joint dysfunction to alleviate pain. The LinQ SI Joint Stabilization System contributes to establishing an optimal environment for long-term fusion. Pain TEQ is headquartered in Tampa, Florida, the US.
The key metrics of PainTEQ related to marketed and pipeline products, ongoing clinical trials, active jobs and publications from 2022 are shown below:
As PainTEQ 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 PainTEQ.
For a detailed understanding of the performance of PainTEQ, buy the report here.