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 Soma Technology 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.
Soma Technology Inc (Soma) is a medical device company that offers refurbished medical devices. The company offers products that include AED, agent monitors, anesthesia machines, anesthesia vaporizers, autoclaves and sterilizers, autotransfusion, bladder scanners, capture devices, C-arms, coagulation analyzers, colposcopes, defibrillators, electrosurgical units and fetal monitors, among others. It also offers a stress test system, stretchers, surgical booms, surgical lights, surgical microscopes, surgical tables, tourniquets and ultrasonic cleaners. Soma offers products in the areas of respiratory, cardiology, neurology, cardiovascular and intensive care systems. The company offers medical equipment maintenance and JCAHO Inspection services. It markets its products in Angola, Austria, Belarus, Botswana, Burundi, Belgium, Bangladesh, India, Nepal, Bhutan and others. Soma is headquartered in Bloomfield, Connecticut, the US.
The key metrics of Soma Technology related to marketed and pipeline products, ongoing clinical trials, active jobs and publications from 2023 are shown below:
As Soma Technology 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 Soma Technology.
For a detailed understanding of the performance of Soma Technology, buy the report here.
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