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 Stat Medical Devices 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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Data Insights Stat Medical Devices Inc, United States Revenue

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Stat Medical Devices Inc (SMD) is a medical device company that designs, manufactures and distributes lancets, lancing devices and clinical capillary blood sampling products. The company’s products comprise lancets, pen needles and lancing devices, among others. It also offers clinical safety lancets and heel blood sampling products. SMD offers private label and OEM services such as project management, packaging design and labeling services, quality and regulatory management, reliable global fulfillment infrastructure, manufacturing engineering, production and packaging and reliability testing, among others. The company serves pharmacies, mail-order supply organizations, wholesale distributors and home medical equipment companies. It has operations in the Netherlands and the US. SMD is headquartered in North Miami Beach, Florida, the US.

The key metrics of Stat Medical Devices related to marketed and pipeline products, ongoing clinical trials, active jobs and publications from 2023 are shown below:

As Stat Medical Devices 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 Stat Medical Devices.

For a detailed understanding of the performance of Stat Medical Devices, 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.