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 PMT 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.
Plasma Surgical Ltd (Plasma Surgical) is a medical device company that designs and manufactures plasma surgery systems. The company offers PlasmaJet system, a neutral plasma surgery system intended for cutting, coagulation, and the elimination of soft tissue by vaporization. It also develops proprietary platform plasma technology that includes surgical and therapeutic applications for use in open and laparoscopic surgery. Plasma Surgical distributes its products throughout Europe. The company has operations in the US, the UK, and France. Plasma Surgical is headquartered in Abingdon, Oxfordshire, the UK. Key subsidiaries of PMT include Permark.
The key metrics of PMT related to marketed and pipeline products, ongoing clinical trials, active jobs and publications from 2023 are shown below:
As PMT 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 PMT.
For a detailed understanding of the performance of PMT, buy the report here.
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