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 Rapid 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.
Rapid Medical is a medical equipment company that designs and manufactures neurovascular devices. The company’s interventional devices portfolio includes adjustable clot retrievers, adjustable remodeling mesh, and steerable guidewires. It offers products under the brands, Tigertriever, Comaneci, and Columbus. Rapid Medical sells products worldwide through distributors. Rapid Medical is headquartered in Yokneam, Northern District, Israel.
The key metrics of Rapid Medical related to marketed and pipeline products, ongoing clinical trials, active jobs and publications from 2022 are shown below:
As Rapid 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 Rapid Medical.
For a detailed understanding of the performance of Rapid Medical, buy the report here.