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 Sovereign 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.
Sovereign Medical is a distributor of specialized medical devices. The company supplies products for respiratory care, infusion therapy, anesthesia, cardiology, critical care, neonatal, emergency medicine, and bio-medical areas. Its manufacturing partners are Alliance Tech Medical, McArthur Medical, Arrow/Pyng Medical, Micropore SpiraLithCa, Archeon EOlife X, NeoForce, Ataia Medical, NOSA, Certa Dose, and Omneotech among others. Sovereign Medical markets products in the US. Sovereign Medical is headquartered in Hillsborough, North Carolina, the US.
The key metrics of Sovereign Medical related to marketed and pipeline products, ongoing clinical trials, active jobs and publications from 2022 are shown below:
As Sovereign 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 Sovereign Medical.
For a detailed understanding of the performance of Sovereign Medical, buy the report here.