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 World Precision Instruments 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.
World Precision Instruments is a medical equipment company that manufactures and supplies research equipment and laboratory devices. The company offers laboratory equipment, surgical equipment, and other accessories. Its product portfolio includes analyzers, anesthesia systems, animal temperature control, brain tissue slicers, fluidics, microforges and pullers, micromanipulators, motorized micromanipulators, manual manipulators, and microscopic devices. The company also offers bone instruments, cannulas, hemostats and forceps, surgical kits, and surgical accessories. WPI sells products worldwide through distributors.WPI is headquartered in Sarasota, Florida, the US.
The key metrics of World Precision Instruments related to marketed and pipeline products, ongoing clinical trials, active jobs and publications from 2022 are shown below:
As World Precision Instruments 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 World Precision Instruments.
For a detailed understanding of the performance of World Precision Instruments, buy the report here.