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 Grace Medical 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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Grace Medical Inc (Grace Medical) is a medical device company that manufactures and distributes ENT products to treat disorders of the ear, nose and throat. The company’s products include ossicular prostheses, surgical drill system, endoscopic instruments, stapes prostheses, ventilation tubes and instruments. Its stapes prostheses comprise eclipse piston, megerian nitinol SRP, platinum and fluoroplastic piston, malleus eclipse piston, bartels modified bucket handles, kraus k-helix piston, bucket handles, titanium piston, feathervac stapes seat and ventilation tubes. Grace Medical’s ossicular prostheses are placed in patients with ossicular destruction or disruption due to cholesteatoma and congenital ossicular malformation. The company provides customer support services and partners with ENT healthcare sector. Grace Medical is headquartered in Memphis, Tennessee, the US. Key subsidiaries of Grace Medical include OTOMED.
The key metrics of Grace Medical related to marketed and pipeline products, ongoing clinical trials, active jobs and publications from 2023 are shown below:
As Grace 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 Grace Medical.
For a detailed understanding of the performance of Grace Medical, buy the report here.
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GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.
GlobalData’s revenue report leverages GlobalData’s SKU tracker, which contains real-world, purchasing data from the US healthcare institutions.
