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 ThermaSolutions 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 ThermaSolutions Inc, United States Revenue

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ThermaSolutions Inc (ThermaSolutions) is a medical device company that provides hyperthermia medical technology. The company offers a ThermoChem HT family of systems and customized disposables to deliver intraperitoneal hyperthermia. Its products include HT-1000, HT-2000 and disposables. ThermaSolutions’ disposable products comprise a thermal solutions procedure kit sterile pack. ThermaSolutions’ HT-1000 system is an integrated system, which is designed and manufactured for intraperitoneal hyperthermia. The company’s HT-1000 is used in hospitals and medical centers throughout the world. It also offers operating training programs. The company operates through its offices in the US and the Netherlands. ThermaSolutions is headquartered in White Bear Lake, Minnesota, the US.

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

As ThermaSolutions 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 ThermaSolutions.

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