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 Providence Medical Technology 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.

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Providence Medical Technology Inc (PMT) is a medical equipment provider that offers cervical spine products. The company offers products which include D-trax spinal systems, Cavux cervical cages, Biologix allograft bone, ally screw systems and Cavux cervical SA systems. Its D-trax spinal systems are Single-use disposable instruments for access, distraction, and decortication to facilitate spinal fusion. PMT also commercializes minimally invasive posterior cervical instruments. The company’s cervical cage is implanted using various surgical instruments. It offers implants and instruments to treat cervical degenerative disc disease through indirect decompression, stabilization and fusion. PMT is headquartered in Walnut Creek, California, the US.

The key metrics of Providence Medical Technology related to marketed and pipeline products, ongoing clinical trials, active jobs and publications from 2022 are shown below:

As Providence Medical Technology 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 Providence Medical Technology.

For a detailed understanding of the performance of Providence Medical Technology, buy the report here.

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GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article. 

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