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 Taewoong Medical sales in the US from 2017 to 2023, as well as year-on-year growth rates, can be viewed in GlobalData’s micro revenue report. Buy the report here.

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Data Insights Taewoong Medical Co Ltd, United States Revenue

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Taewoong Medical Co Ltd (Taewoong Medical) is a medical device company that develops and manufactures stents and other medical devices. The company offers products such as a self-expandable metal stent, endoscopic RFA, endoscopic accessory, ureteral stents, airway stents, colonic stents, surgical sutures, bovine pericardium, pancreatic stent, esophageal stent, biliary stent, platinum coil, coil system, xpress compression assisted device and endoscopic accessories. It offers medical equipment in the areas of gastroenterology, urology, pulmonary, general surgery, cardiology, radiology and neurology. The company provides professional research support services to various medical personnel and researchers. Taewoong Medical is headquartered in Gimpo, South Korea.

The key metrics of Taewoong Medical related to marketed and pipeline products, ongoing clinical trials, active jobs and publications from 2023 are shown below:

As Taewoong 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 Taewoong Medical.

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GlobalData’s revenue report leverages GlobalData’s SKU tracker, which contains real-world, purchasing data from the US healthcare institutions.