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 Flowonix Medical 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.

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Data Insights Flowonix Medical Inc, United States Revenue

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Flowonix Medical Inc (Flowonix), formerly Medasys Inc is a medical device company that designs and manufactures implantable drug pump to deliver therapeutic drugs into the spine to relieve chronic disorders. The company offers products such as prometra pump, catheter, and accessories and programmer. Its accessories and programmers comprise refill kit and catheter access kit and prometra programmer. The company also develops programmable valve pumps, long life power supplies for implantable pumps, implantable and refillable pumps, low power electromagnetic valves, pump diagnostic systems, septumless implantable pumps, and others. It serves patients with various neurological disorders. Flowonix is headquartered in Mount Olive, New Jersey, the US. Key subsidiaries of Flowonix Medical include InSet Technologies.

The key metrics of Flowonix Medical related to marketed and pipeline products, ongoing clinical trials, active jobs and publications from 2022 are shown below:

As Flowonix 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 Flowonix Medical.

For a detailed understanding of the performance of Flowonix Medical, buy the report here.

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