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 Suture Ease 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.
Suture Ease is a medical equipment company that develops and commercializes laparoscopic surgery equipment. Suture Ease addresses the market need with its laparoscopic closure technology, providing a solution that facilitates easy, safe, and reliable fascial closure. The company’s flagship device, the CrossBow Fascial Closure System, utilizes a unique snare guide technology in combination with a unique suture passer to enable reproducible trocar site closure. Its other products are EzStitch and CB with adaptor. Suture Ease is headquartered in San Jose, California, the US.
The key metrics of Suture Ease related to marketed and pipeline products, ongoing clinical trials, active jobs and publications from 2022 are shown below:
As Suture Ease 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 Suture Ease.
For a detailed understanding of the performance of Suture Ease, buy the report here.