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 Standard Textile 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.
Standard Textile Co is a manufacturer and supplier of reusable textiles for healthcare, hospitality, education, and homes. The company’s product portfolio includes bath towels, mats, robes and shower curtains, sheets, blankets, comforters, pillows and mattress protection, underpads and diapers, microfiber products and hamper bags, linen, laundry, cubical curtain management tools, patient gowns, robes, pajamas and bibs, pediatric apparel and linens, privacy curtains, reusable, disposable and track staff apparel, scrubs, lab coats and protective apparel, reusable surgical gowns, drapes & towels, window treatments, solar shades and wallcoverings among others. Standard textile is headquartered in Cincinnati, Ohio, the US.
The key metrics of Standard Textile related to marketed and pipeline products, ongoing clinical trials, active jobs and publications from 2022 are shown below:
As Standard Textile 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 Standard Textile.
For a detailed understanding of the performance of Standard Textile, buy the report here.