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 Sun Medical Technology Research 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.
Sun Medical Technology Research Corp (Sun Medical) is a healthcare company that conducts Research and development of implantable ventricular assist devices. The company offers guidance for practical use of the auxiliary artificial heart. It develops rotary blood pump that is used in cardiac surgical procedures for providing blood flow to the vascular system and reduces the load on the ventricle. It is a pump implanted in the body to assist the heart, if it is not able to pump enough blood during heart failure. Sun Medical also offers EVAHEART and EVAHEART2, implantable ventricular assist devices. The company develops medical devices using micromechatronics for treating patients with end-state heart failure. It has its presence in Tokyo, Japan. Sun Medical is headquartered in Suwa, Japan.
The key metrics of Sun Medical Technology Research related to marketed and pipeline products, ongoing clinical trials, active jobs and publications from 2022 are shown below:
As Sun Medical Technology Research 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 Sun Medical Technology Research.
For a detailed understanding of the performance of Sun Medical Technology Research, buy the report here.
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