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 Biolife 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.
Biolife LLC (Biolife) is a medical device company that develops and manufactures healthcare and first-aid solutions. The company provides occupational first aid, professional healthcare, consumer care and sports professional products. Its products include wound seal powder, state seal, state seal advanced, wound seal md, wound seal rapid response, and wound seal pour pack. Biolife offers wound seal powder that forms an instant seal that stops the bleeding and seals the wound. The company’s products are used in dermatology and wound care, otolaryngology, dermatology, central line management and podiatry applications. Biolife is headquartered in Sarasota, Florida, the US. Key subsidiaries of Biolife include Growing Home Farms.
The key metrics of Biolife related to marketed and pipeline products, ongoing clinical trials, active jobs and publications from 2023 are shown below:
As Biolife 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 Biolife.
For a detailed understanding of the performance of Biolife, buy the report here.
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