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 Tech Medical Services 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.
Tech Medical Services is a medical equipment company that designs, manufactures, and distributes surgical devices and operating room equipment. The company’s product portfolio includes scope warmers and laparoscopic instruments, insufflation and smoke evacuation tubing products, endoscopic retrieval pouches, laparoscopic suction irrigation products, and gamma probe covers. It also has partnership agreements with Resource Optimization & Innovation LLC, Progressive Medical Inc, Premier Inc and Unimax medical systems Inc. Tech Medical Services is headquartered in Nixa, Missouri, the US.
The key metrics of Tech Medical Services related to marketed and pipeline products, ongoing clinical trials, active jobs and publications from 2022 are shown below:
As Tech Medical Services 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 Tech Medical Services.
For a detailed understanding of the performance of Tech Medical Services, buy the report here.