Radar · Traditional Medical Devices in United States
Best Traditional Medical Devices Companies in United States
The 965 best Traditional Medical Devices companies in United States in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: VSP Optical Group.
By Riya SenguptaFinancials
965companies tracked
$7.6Bdisclosed funding
0unicorns
236have raised
Ranking the strongest Traditional Medical Devices companies across the United States by disclosed equity funding and recent momentum, our directory tracks 965 firms carrying $7.6B in total disclosed funding. No unicorns here. What you get instead is a sector built on earned revenue, not valuation mythology. Seventeen filers show a combined revenue pool of $18.3B, with a median company revenue of roughly $440M and a steady 5% YoY growth rate. Becton Dickinson & Co pulled $5.3B in revenue, and Ge Healthcare Technologies Inc. matched it almost dollar for dollar at $5.1B. Both cleared net income around $382-389M, roughly 5x the sector median of $73M. Zimmer Biomet Holdings added another $2.1B at 9% growth. These aren't projections. They're filed figures.
So where's the tension? Funding is modest relative to revenue scale, with top-funded names like Singletto and Nuwellis sitting at $11M and $10M respectively, backed by institutional sources including HHS and the National Science Foundation. I'd argue that gap between capital raised and revenue generated is actually the story here. Medical AI applications and FDA device regulation are the themes pulling attention right now, and app-layer momentum confirms real engagement, with median install growth hitting 19% YoY across 129 related apps. The infrastructure is mature. The regulatory scrutiny is rising. And the companies that survive both will be the ones worth watching.
Sources & further reading
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FLIAR INTELLIGENCE · TRADITIONAL MEDICAL DEVICES × UNITED STATES
Our analysis of 50 Traditional Medical Devices companies
$5.7b in tracked funding; 88% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2025.
50companies analysed
88%cloud-native stacks
2025funding peak (by rounds)
2016median founding year
49median Fliar Index™
962kcombined LinkedIn audience
87%of audience held by top 3
1companies hiring publicly (12 mo)
Ranked: Best Traditional Medical Devices companies in United States
| # | Company | Disclosed funding | Last round | Employees | Founder | Tech stack | Market signals (1y) | Patents & IP focus | Recent signals |
|---|---|---|---|---|---|---|---|---|---|
| 1 | VSP Optical Group Manufacturer of ophthalmic lenses 65Market top 33%Funding top 39%Global bottom 25% All 3 signals ▾Markettop 33% Fundingtop 39% Globalbottom 25% Market: 273 employees (top 16% of Traditional Medical Devices) Funding: Raised $1.4B across 1 rounds · 1 rounds over 7 yrs (0.1/yr) rank vs industry peers · Fliar Intelligence Index 65/100 | $1.4B | 80 mo ago | 273 | — | — | — | — | — |
| 2 | Zimmer Biomet Provider of orthopedic and reconstructive implants and related surgical products 83Market top 17%Moat top 23%Tech top 24%Innovation top 25% All 13 signals ▾Markettop 17% Moattop 23% Techtop 24% Innovationtop 25% Fundingtop 25% Fin. healthtop 25% Patentstop 28% Producttop 28% Newstop 35% Globaltop 44% Growthtop 49% Talentbottom 49% Customersbottom 41% Market: 18,000 employees (top 1% of Traditional Medical Devices) · Revenue ~$8.2B Moat: Top 1% by revenue among 11 tracked Traditional Medical Devices companies · Editorial + unicorn rating 1/10 rank vs industry peers · Fliar Intelligence Index 83/100 | $1.1B | 113 mo ago | 18,000 18,000 → 19,103 (+6%) · sector median +42% | Ivan Tornos CEO | Adobe Experience ManagerApple iCloud MailMicrosoft 365+31 | 27 signals ▼34% Earnings · M&A · Lawsuit | 486 patents Orthopedic fixation devices for bone, rib, and chest wall surgical reconstruction | — |
| 3 | Hologic Provider of diagnostic and surgical products for women 93AI top 15%Patents top 16%Market top 17%Innovation top 19% All 14 signals ▾AItop 15% Patentstop 16% Markettop 17% Innovationtop 19% Partnerstop 25% Globaltop 26% Moattop 26% Fin. healthtop 27% Fundingtop 30% Talenttop 32% Newstop 33% Techtop 34% Producttop 42% Growthbottom 48% AI: Holds AI/ML patents (G06N-family CPC) Patents: 2,292 patents matched (strict assignee match) · 822 filings since 2022 vs 736 in 2017-21 rank vs industry peers · Fliar Intelligence Index 93/100 | $1.0B | 75 mo ago | 6,705 | Steve MacMillan Chairman & CEO | Cart FunctionalityDrupalAcquia Site Studio+26 | 41 signals ▼27% M&A · Earnings · Regulatory | 2,292 patents Advanced medical imaging and diagnostic devices, especially breast tomosynthesis and specimen analysis | — |
| 4 | Steris Developer of products for infection prevention and contamination control 84Market top 17%Moat top 23%Patents top 24%Product top 24% All 12 signals ▾Markettop 17% Moattop 23% Patentstop 24% Producttop 24% Techtop 25% Fin. healthtop 25% Fundingtop 31% Innovationtop 35% Newstop 45% Talentbottom 49% Growthbottom 45% Globalbottom 45% Market: 7,600 employees (top 6% of Traditional Medical Devices) · Revenue ~$5.5B Moat: Top 1% by revenue among 11 tracked Traditional Medical Devices companies · Editorial + unicorn rating 1/10 rank vs industry peers · Fliar Intelligence Index 84/100 | $1.0B | 98 mo ago | 7,600 7,600 → 11,055 (+45%) · sector median +42% | Dan Carestio CEO | Cart FunctionalitySitecoreAddsearch+27 | 14 signals ▼44% Earnings · Announcements · M&A | 942 patents Medical sterilization and infection-control technologies for devices and endoscopic systems | — |
| 5 | Rotech Provider of home respiratory, medical equipment, and services 72Tech top 26%Funding top 34%Market top 36%Growth top 45% All 8 signals ▾Techtop 26% Fundingtop 34% Markettop 36% Growthtop 45% Fin. healthtop 49% Globalbottom 37% Moatbottom 33% Newsbottom 21% Tech: 46 technologies across 5/8 capability areas · Devops: Nginx Funding: Raised $506M across 3 rounds · 3 rounds over 15 yrs (0.2/yr) rank vs industry peers · Fliar Intelligence Index 72/100 | $506M | 79 mo ago | 3,500 | — | Cart FunctionalityWordPressMySQL+23 | — | — | — |
| 6 | Vapotherm Provider of medical device management services 60Funding top 26%Patents top 28%Innovation top 31%Tech top 38% All 11 signals ▾Fundingtop 26% Patentstop 28% Innovationtop 31% Techtop 38% Markettop 44% Fin. healthtop 50% Moatbottom 49% Talentbottom 49% Growthbottom 44% Globalbottom 40% Newsbottom 27% Funding: Raised $170M across 11 rounds · 11 rounds over 19 yrs (0.6/yr) Patents: 325 patents matched (strict assignee match) · 94 filings since 2022 vs 146 in 2017-21 rank vs industry peers · Fliar Intelligence Index 60/100 | $170M | 40 mo ago | 353 353 → 301 (-15%) · sector median +42% | Joe Army CEO | TeachableSentryRuby+30 | — | 325 patents High‑flow humidified respiratory therapy devices and monitoring systems | 2 launchs · 1 partnership |
| 7 | Scientia Vascular Manufacturer of vascular access supplies 76Innovation top 12%Patents top 20%Funding top 23%Moat top 41% All 8 signals ▾Innovationtop 12% Patentstop 20% Fundingtop 23% Moattop 41% Markettop 48% Talentbottom 49% Techbottom 43% Globalbottom 36% Innovation: 299 patents (top 8% of patent-holders) · 166 filings since 2022 vs 103 in 2017-21 Patents: 299 patents matched (strict assignee match) · 166 filings since 2022 vs 103 in 2017-21 rank vs industry peers · Fliar Intelligence Index 76/100 | $64M | 21 mo ago | 171 171 → 163 (-5%) · sector median +42% | John Lippert Founder & CEO | Webflowcore-jsjQuery+11 | — | 299 patents Patents concentrated in health & consumer products | — |
| 8 | BIOLASE Developer of dental lasers and scanning devices 72Funding top 24%Patents top 31%Tech top 34%Innovation top 35% All 11 signals ▾Fundingtop 24% Patentstop 31% Techtop 34% Innovationtop 35% Fin. healthtop 38% Growthtop 41% Markettop 43% Globaltop 45% Moattop 47% Talentbottom 49% Newsbottom 27% Funding: Raised $44.7M across 7 rounds · 7 rounds over 21 yrs (0.3/yr) Patents: 327 patents matched (strict assignee match) · 40 filings since 2022 vs 103 in 2017-21 rank vs industry peers · Fliar Intelligence Index 72/100 | $45M | 30 mo ago | 279 279 → 405 (+45%) · sector median +42% | John Beaver CEO | Cart FunctionalityWordPressMySQL+37 | — | 327 patents Laser-based dental devices for implant, periodontal and hard tissue treatment | 2 launchs · 1 expansion |
| 9 | Euphrates Vascular Provider of nano-technology solutions focused on vascular occlusions 55Funding top 28%Global bottom 33% All 2 signals ▾Fundingtop 28% Globalbottom 33% Funding: Raised $40.1M across 12 rounds · 12 rounds over 15 yrs (0.8/yr) Global: Single-market focus (United States) rank vs industry peers · Fliar Intelligence Index 55/100 | $40M | 32 mo ago | 10 | — | — | — | — | — |
| 10 | Zurex Pharma Surgical site and catheter-related infection prevention 27Funding top 27%Global bottom 37%Market bottom 35% All 3 signals ▾Fundingtop 27% Globalbottom 37% Marketbottom 35% Funding: Raised $39.1M across 7 rounds · 7 rounds over 14 yrs (0.5/yr) Global: Investors from 2 countries beyond United States rank vs industry peers · Fliar Intelligence Index 27/100 | $39M | 30 mo ago | 8 | — | — | — | — | — |
| 11 | Venova Medical Manufacturer of AV fistula for hemodialysis 29Funding top 31%Talent bottom 49%Tech bottom 43%Market bottom 29% All 5 signals ▾Fundingtop 31% Talentbottom 49% Techbottom 43% Marketbottom 29% Globalbottom 29% Funding: Raised $38.0M across 2 rounds · 2 rounds over 4 yrs (0.5/yr) Talent: 1 named leader on record · 1 C-suite/founder profile curated rank vs industry peers · Fliar Intelligence Index 29/100 | $38M | 22 mo ago | 9 | Erik Van Der Burg CEO | WordPressMySQLPHP+17 | — | — | — |
| 12 | GE Healthcare Provider of materials management solutions for organizations 93Market top 12%Moat top 16%Funding top 18%Tech top 18% All 14 signals ▾Markettop 12% Moattop 16% Fundingtop 18% Techtop 18% Producttop 20% Fin. healthtop 21% Innovationtop 25% Patentstop 25% Partnerstop 27% Globaltop 29% Talenttop 32% Customerstop 38% Growthtop 45% Newstop 45% Market: 16,700 employees (top 4% of Traditional Medical Devices) · Revenue ~$20.6B Moat: Top 1% by revenue among 11 tracked Traditional Medical Devices companies · Editorial + unicorn rating 5/10 rank vs industry peers · Fliar Intelligence Index 93/100 | $29M | 10 mo ago | 16,700 | Elie Chaillot President & CEO | International | WordPressSentryApple iCloud Mail+40 | 32 signals ▼54% Earnings · Announcements · M&A | 432 patents AI-based therapeutic prediction models and radiopharmaceutical synthesis/analysis technologies | — |
| 13 | EvON Medic Developer of medical devices and digital therapeutics for neurological diseases 24Funding top 32%Talent top 38%Tech top 46%Product bottom 36% All 6 signals ▾Fundingtop 32% Talenttop 38% Techtop 46% Productbottom 36% Globalbottom 29% Marketbottom 14% Funding: Raised $20.4M across 8 rounds · 8 rounds over 4 yrs (2.0/yr) Talent: 2 named leaders on record · 2 C-suite/founder profiles curated rank vs industry peers · Fliar Intelligence Index 24/100 | $20M | 13 mo ago | 15 | Seun Falade Co-Founder & CEO | WordPressSentryTypeScript+31 | — | — | — |
| 14 | Radical Catheter Medical device company specializing in the development of a new catheter technology for improved performance… 57Talent top 38%Funding top 41%Global bottom 29% All 3 signals ▾Talenttop 38% Fundingtop 41% Globalbottom 29% Talent: 2 named leaders on record · 2 C-suite/founder profiles curated Funding: Raised $20.0M across 1 rounds · 1 rounds over 2 yrs (0.5/yr) rank vs industry peers · Fliar Intelligence Index 57/100 | $20M | 22 mo ago | — | Martin Dieck Co-Founder | — | — | — | — |
| 15 | FastWave Medical Manufacturer of intravascular devices 32Growth top 35%Funding top 43%Tech bottom 48%Global bottom 48% All 5 signals ▾Growthtop 35% Fundingtop 43% Techbottom 48% Globalbottom 48% Marketbottom 14% Growth: Fresh capital in last 24 mo Funding: Raised $19.0M across 1 rounds · 1 rounds over 5 yrs (0.2/yr) rank vs industry peers · Fliar Intelligence Index 32/100 | $19M | 18 mo ago | 6 | — | Framer SitesReactCloudflare+12 | — | — | 1 launch |
| 16 | Neurovations Developer of therapeutics for neurological disorders 53Funding top 28%Growth top 35%Tech top 35%Talent bottom 49% All 6 signals ▾Fundingtop 28% Growthtop 35% Techtop 35% Talentbottom 49% Marketbottom 41% Globalbottom 29% Funding: Raised $15.5M across 2 rounds · 2 rounds over 1 yrs (2.0/yr) Growth: Fresh capital in last 24 mo rank vs industry peers · Fliar Intelligence Index 53/100 | $15M | 10 mo ago | 19 | Eric Grigsby Founder & CEO | WordPress Block EditorWordPressMySQL+26 | — | — | — |
| 17 | Seastar Medical Manufacturer of medical devices 53Funding top 31%Growth top 32%Tech top 39%Fin. health bottom 47% All 7 signals ▾Fundingtop 31% Growthtop 32% Techtop 39% Fin. healthbottom 47% Globalbottom 46% Newsbottom 44% Marketbottom 26% Funding: Raised $15.3M across 2 rounds · 2 rounds over 6 yrs (0.3/yr) Growth: Revenue +814% YoY · Web rank 50,000,000 → 10,000,000 YoY rank vs industry peers · Fliar Intelligence Index 53/100 | $15M | 23 mo ago | 9 | — | DrupalPHPAmazon Web Services+24 | 5 signals ▼76% Earnings · Leadership · Regulatory | — | — |
| 18 | UN&UP Manufacturer of medical devices 45Funding top 30%Talent top 38%Market bottom 37%Global bottom 29% All 4 signals ▾Fundingtop 30% Talenttop 38% Marketbottom 37% Globalbottom 29% Funding: Raised $15.0M across 12 rounds · 12 rounds over 3 yrs (4.0/yr) Talent: 2 named leaders on record · 2 C-suite/founder profiles curated rank vs industry peers · Fliar Intelligence Index 45/100 | $15M | 14 mo ago | 9 | Peter Finley Co-Founder | — | — | — | 2 internships |
| 19 | 2Pi Optics Manufacturer of optical metasurfaces 22Funding top 29%Talent bottom 45%Global bottom 29%Market bottom 25% All 4 signals ▾Fundingtop 29% Talentbottom 45% Globalbottom 29% Marketbottom 25% Funding: Raised $12.0M across 2 rounds · 2 rounds over 4 yrs (0.5/yr) Talent: 1 named leader on record rank vs industry peers · Fliar Intelligence Index 22/100 | $12M | 8 mo ago | 7 | Mikhail Shalaginov Co-Founder & CSO | — | — | — | — |
| 20 | Singletto Developer of pathogen-destroying singlet oxygen solutions and light activated dyes 55Funding top 29%Patents top 37%Innovation top 40%Moat bottom 49% All 7 signals ▾Fundingtop 29% Patentstop 37% Innovationtop 40% Moatbottom 49% Talentbottom 49% Marketbottom 45% Globalbottom 29% Funding: Raised $10.9M across 5 rounds · 5 rounds over 5 yrs (1.0/yr) Patents: 13 patents matched (strict assignee match) · 13 filings since 2022 vs 0 in 2017-21 rank vs industry peers · Fliar Intelligence Index 55/100 | $11M | 3 mo ago | 12 | Thomas Lendvay Co-Founder | — | — | 13 patents Antimicrobial disinfection and protective coatings for PPE, skin, air and surfaces | — |
| 21 | Nuwellis Medical technology company focused on transforming the lives of people with fluid overload through the… 50Innovation top 24%Funding top 28%Patents top 30%News top 34% All 10 signals ▾Innovationtop 24% Fundingtop 28% Patentstop 30% Newstop 34% Growthbottom 45% Marketbottom 43% Techbottom 37% Fin. healthbottom 36% Moatbottom 35% Globalbottom 32% Innovation: 41 patents (top 35% of patent-holders) · 33 filings since 2022 vs 7 in 2017-21 Funding: Raised $10.2M across 4 rounds · 4 rounds over 6 yrs (0.7/yr) rank vs industry peers · Fliar Intelligence Index 50/100 | $10M | 4 mo ago | 70 | — | Cart FunctionalityWordPressMySQL+22 | 10 signals ▲43% Leadership · Earnings · Board | 41 patents Extracorporeal blood filtration devices and vascular access catheter technologies for renal therapy | 2 launchs · 1 expansion |
| 22 | Stratus Medical Manufacturer of equipments for pain treatment 50Growth top 35%Funding top 36%Tech top 46%Talent bottom 49% All 6 signals ▾Growthtop 35% Fundingtop 36% Techtop 46% Talentbottom 49% Marketbottom 44% Globalbottom 29% Growth: Fresh capital in last 24 mo Funding: Raised $10.0M across 1 rounds · 1 rounds over 1 yrs (1.0/yr) rank vs industry peers · Fliar Intelligence Index 50/100 | $10M | 4 mo ago | 25 | Bret Boudousquie Founder & CEO | WordPressMySQLPHP+28 | — | — | — |
| 23 | IRIDEX Manufacturer of ophthalmic laser systems and related devices 64Product top 14%Funding top 23%Patents top 27%Innovation top 31% All 12 signals ▾Producttop 14% Fundingtop 23% Patentstop 27% Innovationtop 31% Fin. healthtop 33% Growthtop 44% Markettop 47% Newsbottom 48% Moatbottom 44% Techbottom 42% Globalbottom 38% Partnersbottom 35% Product: 6 distinct product lines · Company stage: Public Funding: Raised $10.0M across 1 rounds · 1 rounds over 1 yrs (1.0/yr) rank vs industry peers · Fliar Intelligence Index 64/100 | $10M | 14 mo ago | 130 130 → 179 (+38%) · sector median +42% | — | DNNPleskWindows Server+19 | 12 signals ▼52% Earnings · Announcements · Contracts | 152 patents Ophthalmic laser delivery systems for retinal and glaucoma therapies | — |
| 24 | CorVent Manufacturer of critical care respiratory support ventilators 48Growth top 35%Funding top 36%Talent bottom 49%News bottom 42% All 7 signals ▾Growthtop 35% Fundingtop 36% Talentbottom 49% Newsbottom 42% Techbottom 38% Marketbottom 37% Globalbottom 37% Growth: Fresh capital in last 24 mo Funding: Raised $9.2M across 2 rounds · 2 rounds over 3 yrs (0.7/yr) rank vs industry peers · Fliar Intelligence Index 48/100 | $9M | 18 mo ago | 17 17 → 39 (+129%) · sector median +42% | Richard Walsh CEO | WordPressApple iCloud MailMySQL+14 | — | — | 1 launch · 1 partnership |
| 25 | Zuno Medical Provider of reusable sterilization containers with verifiable vacuum seals 35Funding top 31%Talent top 38%Market bottom 39%Global bottom 29% All 4 signals ▾Fundingtop 31% Talenttop 38% Marketbottom 39% Globalbottom 29% Funding: Raised $8.7M across 1 rounds · 1 rounds over 1 yrs (1.0/yr) Talent: 2 named leaders on record · 2 C-suite/founder profiles curated rank vs industry peers · Fliar Intelligence Index 35/100 | $9M | 8 mo ago | 9 | Michael Olmes Co-Founder | — | — | — | — |
| 26 | BioSig Manufacturer of signal processing device for medical sector 14Funding top 31%Growth top 48%Tech bottom 41%Patents bottom 33% All 9 signals ▾Fundingtop 31% Growthtop 48% Techbottom 41% Patentsbottom 33% Globalbottom 33% Moatbottom 28% Marketbottom 27% Fin. healthbottom 21% Innovationbottom 17% Funding: Raised $6.9M across 41 rounds · 41 rounds over 15 yrs (2.7/yr) Growth: Headcount 50 → 47 (-6%) across vintages · Fresh capital in last 24 mo rank vs industry peers · Fliar Intelligence Index 14/100 | $7M | 15 mo ago | 47 | — | BootstrapApache HTTP ServerAmazon Web Services+18 | — | 6 patents Patents concentrated in health & consumer products | — |
| 27 | Eclipse Regenesis Designs and develops SBS therapy device 24Funding top 36%Patents top 40%Innovation top 46%Moat bottom 49% All 7 signals ▾Fundingtop 36% Patentstop 40% Innovationtop 46% Moatbottom 49% Talentbottom 49% Globalbottom 35% Marketbottom 14% Funding: Raised $6.2M across 5 rounds · 5 rounds over 6 yrs (0.8/yr) Patents: 9 patents matched (strict assignee match) · 8 filings since 2022 vs 1 in 2017-21 rank vs industry peers · Fliar Intelligence Index 24/100 | $6M | 9 mo ago | 5 | Thomas Krummel Co-Founder | — | — | 9 patents Gastrointestinal plication and implant delivery devices for organ remodeling and nutrient absorption. | — |
| 28 | Pain Care Labs Manufacturer of pain relief needles and wrap products 50Growth top 35%Funding top 42%Tech top 42%Talent bottom 49% All 6 signals ▾Growthtop 35% Fundingtop 42% Techtop 42% Talentbottom 49% Marketbottom 36% Globalbottom 29% Growth: Fresh capital in last 24 mo Funding: Raised $5.8M across 6 rounds · 6 rounds over 17 yrs (0.4/yr) rank vs industry peers · Fliar Intelligence Index 50/100 | $6M | 17 mo ago | 11 | Amy Baxter Md Faap Facep Chief Medical Officer and CEO Pain Care Labs | Cart FunctionalityShopifyBugHerd+35 | — | — | — |
| 29 | Piccolo Medical Manufacturer of PICC system 21Funding top 29%Talent bottom 49%Global bottom 36%News bottom 22% All 5 signals ▾Fundingtop 29% Talentbottom 49% Globalbottom 36% Newsbottom 22% Marketbottom 18% Funding: Raised $5.5M across 4 rounds · 4 rounds over 3 yrs (1.3/yr) Talent: 1 named leader on record · 1 C-suite/founder profile curated rank vs industry peers · Fliar Intelligence Index 21/100 | $6M | 5 mo ago | 6 | Augustus Shanahan CEO | — | — | — | — |
| 30 | Efemoral Medical Manufacturer of medical devices for peripheral vascular disease 14Funding top 35%Talent top 38%Global bottom 32%Market bottom 11% All 4 signals ▾Fundingtop 35% Talenttop 38% Globalbottom 32% Marketbottom 11% Funding: Raised $5.4M across 5 rounds · 5 rounds over 4 yrs (1.2/yr) Talent: 2 named leaders on record · 2 C-suite/founder profiles curated rank vs industry peers · Fliar Intelligence Index 14/100 | $5M | 17 mo ago | 4 | Lewis Schwartz Co-Founder & CMO | — | — | — | — |
| 31 | Inherent Targeting Manufacturer of nerve detection devices 60Talent top 35%Funding top 41%Global bottom 29% All 3 signals ▾Talenttop 35% Fundingtop 41% Globalbottom 29% Talent: 4 named leaders on record Funding: Raised $5.2M across 5 rounds · 5 rounds over 5 yrs (1.0/yr) rank vs industry peers · Fliar Intelligence Index 60/100 | $5M | 16 mo ago | — | Lei Wang Co-Founder | — | — | — | — |
| 32 | BoneScore Innovating bone health assessment with advanced technology for informed clinical decisions 50Funding top 39%Global bottom 33% All 2 signals ▾Fundingtop 39% Globalbottom 33% Funding: Raised $5.2M across 1 rounds · 1 rounds over 1 yrs (1.0/yr) Global: Single-market focus (United States) rank vs industry peers · Fliar Intelligence Index 50/100 | $5M | 10 mo ago | 6 | — | — | — | — | — |
| 33 | Encision Laparoscopic surgical instruments improving patient safety and surgical outcomes 32Funding top 39%Patents top 39%Innovation top 45%News top 47% All 10 signals ▾Fundingtop 39% Patentstop 39% Innovationtop 45% Newstop 47% Techbottom 46% Fin. healthbottom 40% Marketbottom 39% Growthbottom 37% Globalbottom 35% Moatbottom 35% Funding: Raised $5.1M across 4 rounds · 4 rounds over 14 yrs (0.3/yr) Patents: 51 patents matched (strict assignee match) · 7 filings since 2022 vs 11 in 2017-21 rank vs industry peers · Fliar Intelligence Index 32/100 | $5M | 9 mo ago | 24 24 → 38 (+58%) · sector median +42% | — | WordPressMySQLPHP+25 | 6 signals ▼40% Earnings · Funding | 51 patents Real-time power monitoring and fault detection for electrosurgical instruments with active shielding | — |
| 34 | CircumFix Manufacturer of orthopedic cables and sternal wires 29Innovation top 23%Patents top 30%Moat top 45%Funding bottom 49% All 7 signals ▾Innovationtop 23% Patentstop 30% Moattop 45% Fundingbottom 49% Talentbottom 45% Globalbottom 40% Marketbottom 8% Innovation: 43 patents (top 34% of patent-holders) · 41 filings since 2022 vs 2 in 2017-21 Patents: 43 patents matched (strict assignee match) · 41 filings since 2022 vs 2 in 2017-21 rank vs industry peers · Fliar Intelligence Index 29/100 | $5M | 20 mo ago | 2 | Louis Houff President & CEO | — | — | 43 patents Orthopedic fixation devices for sternum and bone fracture repair | — |
| 35 | Forcast Orthopedics Developer of targeted antibiotic therapy for periprosthetic joint infection treatment 50Funding top 40%Patents top 42%Innovation bottom 49%Moat bottom 49% All 6 signals ▾Fundingtop 40% Patentstop 42% Innovationbottom 49% Moatbottom 49% Talentbottom 49% Globalbottom 35% Funding: Raised $5.0M across 3 rounds · 3 rounds over 7 yrs (0.4/yr) Patents: 19 patents matched (strict assignee match) · 10 filings since 2022 vs 9 in 2017-21 rank vs industry peers · Fliar Intelligence Index 50/100 | $5M | 10 mo ago | — | Jared Foran Co-Founder & CSO | — | — | 19 patents Patents concentrated in health & consumer products | — |
| 36 | Pleural Dynamics Manufacturer of medical devices 53Patents top 38%Innovation top 40%Moat bottom 49%Talent bottom 49% All 6 signals ▾Patentstop 38% Innovationtop 40% Moatbottom 49% Talentbottom 49% Fundingbottom 48% Globalbottom 35% Patents: 13 patents matched (strict assignee match) · 12 filings since 2022 vs 1 in 2017-21 Innovation: 13 patents (top 61% of patent-holders) · 12 filings since 2022 vs 1 in 2017-21 rank vs industry peers · Fliar Intelligence Index 53/100 | $4M | 7 mo ago | — | Martin Mayse Founder & CEO | — | — | 13 patents Pleural fluid drainage and automated fluid management devices for thoracic care | 2 launchs |
| 37 | Elevate Manufacturer of devices for orthopedic industry 53Growth top 35%Talent top 38%Funding top 47%Market bottom 45% All 6 signals ▾Growthtop 35% Talenttop 38% Fundingtop 47% Marketbottom 45% Techbottom 43% Globalbottom 25% Growth: Fresh capital in last 24 mo Talent: 2 named leaders on record · 2 C-suite/founder profiles curated rank vs industry peers · Fliar Intelligence Index 53/100 | $4M | 5 mo ago | 23 | Arni Thor Co-Founder | Webflow EcommerceCart FunctionalityWebflow+14 | — | — | — |
| 38 | Ventis Medical Manufacturer of ventilators 22Talent top 28%Tech bottom 46%Funding bottom 45%Global bottom 29% All 5 signals ▾Talenttop 28% Techbottom 46% Fundingbottom 45% Globalbottom 29% Marketbottom 20% Talent: 3 named leaders on record · 3 C-suite/founder profiles curated Tech: 15 technologies across 4/8 capability areas · Cloud: Google Cloud, Google Cloud Cdn rank vs industry peers · Fliar Intelligence Index 22/100 | $4M | 21 mo ago | 7 | Glenn Laub Founder | Wix eCommerceWixSentry+12 | — | — | — |
| 39 | Somavac Medical Solutions Developer of a post-surgical drain management system 40Growth top 35%Innovation top 40%Tech top 46%Product top 46% All 8 signals ▾Growthtop 35% Innovationtop 40% Techtop 46% Producttop 46% Talentbottom 49% Fundingbottom 48% Globalbottom 29% Marketbottom 25% Growth: Fresh capital in last 24 mo Innovation: 2 product lines rank vs industry peers · Fliar Intelligence Index 40/100 | $3M | 14 mo ago | 7 | Joshua Herwig Co-founder and CTO | WordPress Block EditorWordPressMySQL+24 | — | — | — |
| 40 | ARC Medical Provider of clinical therapeutic services 45Market top 48%Funding bottom 49%Talent bottom 45%Global bottom 36% All 4 signals ▾Markettop 48% Fundingbottom 49% Talentbottom 45% Globalbottom 36% Market: 19 employees (top 38% of Traditional Medical Devices) Funding: Raised $3.1M across 14 rounds · 14 rounds over 16 yrs (0.9/yr) rank vs industry peers · Fliar Intelligence Index 45/100 | $3M | 14 mo ago | 19 | Chris Springate CEO | — | — | — | — |
| 41 | Rampart Manufacturer of medical devices for multiple therapeutic areas 53Patents top 29%Innovation top 31%Funding top 44%Moat top 45% All 8 signals ▾Patentstop 29% Innovationtop 31% Fundingtop 44% Moattop 45% Techbottom 43% Marketbottom 42% Globalbottom 35% Newsbottom 21% Patents: 24 patents matched (strict assignee match) · 20 filings since 2022 vs 2 in 2017-21 Innovation: 24 patents (top 47% of patent-holders) · 20 filings since 2022 vs 2 in 2017-21 rank vs industry peers · Fliar Intelligence Index 53/100 | $3M | 13 mo ago | 19 | — | Squarespace CommerceSquarespaceApple iCloud Mail+18 | — | 24 patents Radiation shielding systems for medical imaging tables and related protective equipment | — |
| 42 | SureCount Surgical Manufacturer of modular surgical instrument tray systems 32Talent top 45%Funding bottom 43%Global bottom 25% All 3 signals ▾Talenttop 45% Fundingbottom 43% Globalbottom 25% Talent: 2 named leaders on record Funding: Raised $2.5M across 1 rounds · 1 rounds over 6 yrs (0.2/yr) rank vs industry peers · Fliar Intelligence Index 32/100 | $3M | 0 mo ago | — | Larry Richman Founder | — | — | — | — |
| 43 | Triac Medical Products Inc Manufacturer of medical bags and cases for ambulatory care 65Innovation top 20%Product top 32%Funding bottom 48%Global bottom 25% All 4 signals ▾Innovationtop 20% Producttop 32% Fundingbottom 48% Globalbottom 25% Innovation: 4 product lines Product: 4 distinct product lines · Company stage: Conventional Debt rank vs industry peers · Fliar Intelligence Index 65/100 | $2M | 13 mo ago | — | — | — | — | — | — |
| 44 | Surgicure Technologies Manufacturer of breathing tubes and other medical devices 9Funding top 44%Talent bottom 49%Global bottom 36%News bottom 18% All 5 signals ▾Fundingtop 44% Talentbottom 49% Globalbottom 36% Newsbottom 18% Marketbottom 11% Funding: Raised $1.7M across 3 rounds · 3 rounds over 2 yrs (1.5/yr) Talent: 1 named leader on record · 1 C-suite/founder profile curated rank vs industry peers · Fliar Intelligence Index 9/100 | $2M | 15 mo ago | 4 | Irena King Founder & CEO | — | — | — | 1 launch · 2 partnerships · 4 awards |
| 45 | Turbett Surgical Manufacturer of sterilization instrument pods for surgical settings 37Patents top 33%Innovation top 37%Moat top 41%Funding top 46% All 8 signals ▾Patentstop 33% Innovationtop 37% Moattop 41% Fundingtop 46% Techbottom 47% Marketbottom 38% Globalbottom 35% Newsbottom 22% Patents: 114 patents matched (strict assignee match) · 44 filings since 2022 vs 59 in 2017-21 Innovation: 114 patents (top 17% of patent-holders) · 44 filings since 2022 vs 59 in 2017-21 rank vs industry peers · Fliar Intelligence Index 37/100 | $1M | 4 mo ago | 15 | — | WordPressMySQLPHP+22 | — | 114 patents Medical device sterilization packaging, verification, and cabinet filtration systems | — |
| 46 | Syntr Manufacturer of vacuum liposuction system 22Funding top 49%Talent bottom 49%Market bottom 31%Global bottom 29% All 4 signals ▾Fundingtop 49% Talentbottom 49% Marketbottom 31% Globalbottom 29% Funding: Raised $795k across 3 rounds · 3 rounds over 4 yrs (0.8/yr) Talent: 1 named leader on record · 1 C-suite/founder profile curated rank vs industry peers · Fliar Intelligence Index 22/100 | $795K | 14 mo ago | 8 | Justin Stovner Co-Founder | — | — | — | — |
| 47 | Wave Therapeutics Manufacturer of therapeutic wheelchair cushions 7Funding top 46%Talent bottom 49%Global bottom 29%Market bottom 14% All 4 signals ▾Fundingtop 46% Talentbottom 49% Globalbottom 29% Marketbottom 14% Funding: Raised $770k across 3 rounds · 3 rounds over 7 yrs (0.4/yr) Talent: 1 named leader on record · 1 C-suite/founder profile curated rank vs industry peers · Fliar Intelligence Index 7/100 | $770K | 3 mo ago | 5 | Jessica Bussert Founder & CEO | — | — | — | — |
| 48 | Roddymedical Manufacturer of innovative medical devices 29Innovation top 31%Patents top 33%Moat top 45%Funding bottom 39% All 6 signals ▾Innovationtop 31% Patentstop 33% Moattop 45% Fundingbottom 39% Globalbottom 31% Marketbottom 25% Innovation: 24 patents (top 47% of patent-holders) · 23 filings since 2022 vs 1 in 2017-21 Patents: 24 patents matched (strict assignee match) · 23 filings since 2022 vs 1 in 2017-21 rank vs industry peers · Fliar Intelligence Index 29/100 | $650K | 6 mo ago | 7 | — | — | — | 24 patents Patents concentrated in health & consumer products | — |
| 49 | Tetrous Regenerative medicine company specializing in simplified delivery of rotator cuff repair products 48Innovation top 24%Patents top 26%Growth top 35%Talent top 38% All 9 signals ▾Innovationtop 24% Patentstop 26% Growthtop 35% Talenttop 38% Moattop 45% Fundingbottom 48% Techbottom 43% Globalbottom 33% Marketbottom 16% Innovation: 41 patents (top 35% of patent-holders) · 38 filings since 2022 vs 3 in 2017-21 Patents: 41 patents matched (strict assignee match) · 38 filings since 2022 vs 3 in 2017-21 rank vs industry peers · Fliar Intelligence Index 48/100 | $445K | 2 mo ago | — | Bradley Patt Co-Founder & CEO | WordPressMySQLPHP+23 | — | 41 patents Biomaterial implant compositions for musculoskeletal tissue repair and wound healing | 1 launch · 1 award |
| 50 | AirMid Critical Care Products Medical‑device company that focuses on critical‑care respiratory support 24Talent bottom 45%Funding bottom 44%Global bottom 25% All 3 signals ▾Talentbottom 45% Fundingbottom 44% Globalbottom 25% Talent: 1 named leader on record Funding: Raised $102k across 1 rounds · 1 rounds over 1 yrs (1.0/yr) rank vs industry peers · Fliar Intelligence Index 24/100 | $102K | 5 mo ago | 8 | Peter Cullum CEO | — | — | — | — |
Top 12 Traditional Medical Devices companies in United States
#1
Series B · Seattle, Washington · founded 2020 · 12 employees$10.9Mraised▾
Series B · Seattle, Washington · founded 2020 · 12 employees
Developer of pathogen-destroying singlet oxygen solutions and light activated dyes
Fliar Intelligence Index™ 55how this company ranks against its industry peers
Funding
top 29%Patents
top 37%Innovation
top 40%Moat
bottom 49%Talent
bottom 49%Market
bottom 45%Funding: Raised $10.9M across 5 rounds · 5 rounds over 5 yrs (1.0/yr) · Last round Conventional Debt (Mar 2026)
Patents: 13 patents matched (strict assignee match) · 13 filings since 2022 vs 0 in 2017-21 · Latest publication 2025
Innovation: 13 patents (top 61% of patent-holders) · 13 filings since 2022 vs 0 in 2017-21
Audience (LinkedIn): 271 LinkedIn followers
Hiring (LinkedIn): 1 hiring post in 12 mo (public) · hiring: Director of Growth Enablement & Communications
Activity (LinkedIn): 1 product launches announced in 12 mo
Funding rounds
- Mar 2026Conventional Debt$100K
- Apr 2025Series B$10.5M
- Jan 2024Conventional Debt$65K
- May 2023Conventional Debt$200K
Founders & team
#2
Public · Eden Prairie, Minnesota · founded 2020 · 70 employees$10.2Mraised▾
Public · Eden Prairie, Minnesota · founded 2020 · 70 employees
Nuwellis is a medical technology company focused on developing solutions for patients suffering from fluid overload. Their Aquadex system removes excess fluid from the bloodstream through short treatments. They are listed on the NASDAQ Capital Market.
Fliar Intelligence Index™ 50how this company ranks against its industry peers
Innovation
top 24%Funding
top 28%Patents
top 30%News
top 34%Growth
bottom 45%Market
bottom 43%Innovation: 41 patents (top 35% of patent-holders) · 33 filings since 2022 vs 7 in 2017-21
Funding: Raised $10.2M across 4 rounds · 4 rounds over 6 yrs (0.7/yr) · Last round Post IPO (Jan 2026)
Patents: 41 patents matched (strict assignee match) · 33 filings since 2022 vs 7 in 2017-21 · Latest publication 2025
Audience (LinkedIn): 4k LinkedIn followers
Activity (LinkedIn): 2 product launches · 1 expansions announced in 12 mo
Funding rounds
- Jan 2026Post IPO$5M
- May 2020Post IPO$1.7M
- Apr 2020Post IPO$2.2M
- Mar 2020Post IPO$1.2M
#3
Seed · Los Angeles, California · founded 2019$2.5Mraised▾
Seed · Los Angeles, California · founded 2019
Manufacturer of modular surgical instrument tray systems. These systems provide organization and visual counting aids for surgical instruments to assist in decontamination and sterilization processes. The hardware includes tiered construction and brackets designed to hold instruments securely during cleaning and transport. The technology integrates into existing workflows to support instrument management and tracking within healthcare facilities.
Fliar Intelligence Index™ 32how this company ranks against its industry peers
Talent
top 45%Funding
bottom 43%Global
bottom 25%Talent: 2 named leaders on record
Funding: Raised $2.5M across 1 rounds · 1 rounds over 6 yrs (0.2/yr) · Last round Seed (2026)
Global: Single-market focus (United States)
Audience (LinkedIn): 78 LinkedIn followers
Activity (LinkedIn): 1 product launches announced in 12 mo
Funding rounds
- 2026Seed—
- 2024Seed—
- Jul 2020Seed$2.5M
Founders & team
#4
Series B · Magnolia, Texas · founded 2019 · 25 employees$10Mraised▾
Series B · Magnolia, Texas · founded 2019 · 25 employees
Manufacturer of equipments for pain treatment
Fliar Intelligence Index™ 50how this company ranks against its industry peers
Growth
top 35%Funding
top 36%Tech
top 46%Talent
bottom 49%Market
bottom 44%Global
bottom 29%Growth: Fresh capital in last 24 mo
Funding: Raised $10.0M across 1 rounds · 1 rounds over 1 yrs (1.0/yr) · Last round Series B (Feb 2026)
Tech: 38 technologies across 3/8 capability areas · Cloud: Cloudflare · Devops: Nginx
Audience (LinkedIn): 5k LinkedIn followers
Funding rounds
- Feb 2026Series B$10M
Founders & team
Investors
Wasatch Health, MedVenture Health, Wasatch Equity Partners
Tech stack
CdnjsCloudflareCloudflare Bot ManagementCore-JsElementorFont Awesome
#5
Public · Chicago, Illinois · founded 1892 · 16700 employees$29.1Mraised▾
Public · Chicago, Illinois · founded 1892 · 16700 employees
Provider of materials management solutions for organizations. The platform has broad expertise in medical imaging, information technologies, medical diagnostics, patient monitoring systems, drug discovery, biopharmaceutical manufacturing technologies, and performance improvement solutions, and more.
Fliar Intelligence Index™ 93how this company ranks against its industry peers
Market
top 12%Moat
top 16%Funding
top 18%Tech
top 18%Product
top 20%Fin. health
top 21%Market: 16,700 employees (top 4% of Traditional Medical Devices) · Revenue ~$20.6B · ~55% of tracked Traditional Medical Devices revenue (11 cos, FY2026)
Moat: Top 1% by revenue among 11 tracked Traditional Medical Devices companies · Editorial + unicorn rating 5/10 · IP moat: 432 patents
Funding: Raised $29.1M · 7 rounds over 19 yrs (0.4/yr) · Last round Grant (prize money) (Aug 2025)
Founders & team
Investors
Europa, Abbott, gov.il, Gates, HHS, Reference Capital Management
Tech stack
Acquia Cloud PlatformAcquia Cloud Site FactoryAddthisAddtoanyAddtoany Share ButtonsAdobe Audience Manager
#6
Series B · San Francisco, California · founded 2016 · 6 employees$5.5Mraised▾
Series B · San Francisco, California · founded 2016 · 6 employees
Manufacturer of PICC system
Fliar Intelligence Index™ 21how this company ranks against its industry peers
Funding
top 29%Talent
bottom 49%Global
bottom 36%News
bottom 22%Market
bottom 18%Funding: Raised $5.5M across 4 rounds · 4 rounds over 3 yrs (1.3/yr) · Last round Grant (prize money) (Dec 2025)
Talent: 1 named leader on record · 1 C-suite/founder profile curated
Global: Investors from 1 country beyond United States
Audience (LinkedIn): 1k LinkedIn followers
Funding rounds
- Dec 2025Grant (prize money)$3M
- Jan 2025Grant (prize money)$3M
- Oct 2023Series B$5.5M
- Sep 2018Grant (prize money)$4.5M
Founders & team
Investors
Event Capital Strategies, HHS, ForMED Ventures
#7
Series B · Cambridge, Massachusetts · founded 2021 · 7 employees$12Mraised▾
Series B · Cambridge, Massachusetts · founded 2021 · 7 employees
Developer of metasurface flat optics technology designed to overcome fundamental limitations of the traditional optical system. The company's technology uses ultra-compact 3D sensors and advanced meta-optics technology, enabling clients to deliver flat optics services with proper performance and reduced cost.
Fliar Intelligence Index™ 22how this company ranks against its industry peers
Funding
top 29%Talent
bottom 45%Global
bottom 29%Market
bottom 25%Funding: Raised $12.0M across 2 rounds · 2 rounds over 4 yrs (0.5/yr) · Last round Series B (Oct 2025)
Talent: 1 named leader on record
Global: Single-market focus (United States)
Audience (LinkedIn): 541 LinkedIn followers
Funding rounds
- Oct 2025Series B$11.7M
- Dec 2022Grant (prize money)$256K
Founders & team
Investors
National Science Foundation, Safar Partners
#8
Series A · San Diego, California · founded 2017 · 23 employees$4.3Mraised▾
Series A · San Diego, California · founded 2017 · 23 employees
Manufacturer of devices for orthopedic industry
Fliar Intelligence Index™ 53how this company ranks against its industry peers
Growth
top 35%Talent
top 38%Funding
top 47%Market
bottom 45%Tech
bottom 43%Global
bottom 25%Growth: Fresh capital in last 24 mo
Talent: 2 named leaders on record · 2 C-suite/founder profiles curated
Funding: Raised $4.3M across 2 rounds · 2 rounds over 4 yrs (0.5/yr) · Last round Series A (Jan 2026)
Audience (LinkedIn): 2k LinkedIn followers
Activity (LinkedIn): 1 product launches announced in 12 mo
Funding rounds
- Jan 2026Series A$500K
- Jan 2022Series A$4.3M
Founders & team
Tech stack
Cart FunctionalityCloudflareCookie ScriptGoogle AnalyticsGoogle Font ApiGoogle Hosted Libraries
#9
Funding Raised · Napa, California · founded 1992 · 19 employees$15.5Mraised▾
Funding Raised · Napa, California · founded 1992 · 19 employees
Developer of therapeutics for neurological disorders. It offers a monoclonal antibody, donanemab which slows the cognitive and functional decline in individuals with Alzheimer's Disease.
Fliar Intelligence Index™ 53how this company ranks against its industry peers
Funding
top 28%Growth
top 35%Tech
top 35%Talent
bottom 49%Market
bottom 41%Global
bottom 29%Funding: Raised $15.5M across 2 rounds · 2 rounds over 1 yrs (2.0/yr) · Last round Grant (prize money) (Aug 2025)
Growth: Fresh capital in last 24 mo
Tech: 47 technologies across 5/8 capability areas · Cloud: Cloudflare, Google Cloud · Devops: Nginx
Funding rounds
- Aug 2025Grant (prize money)$7.7M
- Mar 2025Grant (prize money)$7.7M
Founders & team
Investors
HHS
Tech stack
BootstrapCart FunctionalityCore-JsDatatablesFacebook PixelGodaddy
#10
Funding Raised · Elkridge, Maryland · founded 2013 · 15 employees$20.4Mraised▾
Funding Raised · Elkridge, Maryland · founded 2013 · 15 employees
Developer of medical devices and digital therapeutics for neurological diseases. It develops olfactory training delivery systems and brain stimulation devices for conditions such as Alzheimer's disease, chronic pain, opioid addiction, and traumatic brain injury. The company also creates diagnostic solutions for Alzheimer's and concussions, along with digital therapeutics for remote patient monitoring and management of neurological disorders. Its research focuses on developing innovative treatments using cutting-edge technologies.
Fliar Intelligence Index™ 24how this company ranks against its industry peers
Funding
top 32%Talent
top 38%Tech
top 46%Product
bottom 36%Global
bottom 29%Market
bottom 14%Funding: Raised $20.4M across 8 rounds · 8 rounds over 4 yrs (2.0/yr) · Last round Grant (prize money) (May 2025)
Talent: 2 named leaders on record · 2 C-suite/founder profiles curated
Tech: 34 technologies across 3/8 capability areas · Observability: Sentry
Audience (LinkedIn): 4k LinkedIn followers
Activity (LinkedIn): 2 product launches announced in 12 mo
Funding rounds
- May 2025Grant (prize money)$2.9M
- Mar 2025Grant (prize money)$3.1M
- Aug 2023Grant (prize money)$1.7M
- Jul 2023Grant (prize money)$2.9M
Founders & team
Investors
NIH, HHS
#11
Series A · San Francisco, California · founded 2011 · 9 employees$8.7Mraised▾
Series A · San Francisco, California · founded 2011 · 9 employees
Provider of reusable sterilization containers with verifiable vacuum seals. These containers maintain and monitor the seal, ensuring sterility until use. The system streamlines sterile processing, reducing turnover times and eliminating the need for disposable materials like blue wrap. It offers a subscription service, removing the burden of maintenance and part replacement. The containers are validated for use with pre-vacuum steam sterilizers under specific parameters. They are not suitable for instruments with very small lumens or exceeding a certain weight.
Fliar Intelligence Index™ 35how this company ranks against its industry peers
Funding
top 31%Talent
top 38%Market
bottom 39%Global
bottom 29%Funding: Raised $8.7M across 1 rounds · 1 rounds over 1 yrs (1.0/yr) · Last round Series A (Sep 2025)
Talent: 2 named leaders on record · 2 C-suite/founder profiles curated
Market: 9 employees
Funding rounds
- Sep 2025Series A$8.7M
Founders & team
Investors
Xplorer Capital
#12
Funding Raised · Menlo Park, California · founded 2019 · 5 employees$6.2Mraised▾
Funding Raised · Menlo Park, California · founded 2019 · 5 employees
Designs and develops SBS therapy device
Fliar Intelligence Index™ 24how this company ranks against its industry peers
Funding
top 36%Patents
top 40%Innovation
top 46%Moat
bottom 49%Talent
bottom 49%Global
bottom 35%Funding: Raised $6.2M across 5 rounds · 5 rounds over 6 yrs (0.8/yr) · Last round Grant (prize money) (Sep 2025)
Patents: 9 patents matched (strict assignee match) · 8 filings since 2022 vs 1 in 2017-21 · Latest publication 2026
Innovation: 9 patents (top 70% of patent-holders) · 8 filings since 2022 vs 1 in 2017-21
Audience (LinkedIn): 429 LinkedIn followers
Funding rounds
- Sep 2025Grant (prize money)$1.5M
- May 2023Grant (prize money)$970.5K
- Aug 2021Grant (prize money)$1.7M
- Jul 2021Grant (prize money)$1.8M
Founders & team
Investors
America’s Seed Fund, NIH SBIR/STTR, HHS, National Science Foundation, Fogarty Innovation
Funding & investor landscape
$7.6Btotal disclosed funding
231companies funded
602disclosed rounds
1rounds last 90 days
Most active investors
Techstars5 rounds
Notable founders
Thomas Lendvay
Co-Founder · Singletto
Larry Richman
Founder · SureCount Surgical
Richard Bertran
CEO · SureCount Surgical
Bret Boudousquie
Founder & CEO · Stratus Medical
Elie Chaillot
President & CEO | International · GE Healthcare
Catherine Estrampes
President and CEO · GE Healthcare
Augustus Shanahan
CEO · Piccolo Medical
Mikhail Shalaginov
Co-Founder & CSO · 2Pi Optics
Arni Thor
Co-Founder · Elevate
Kim Roy
CEO · Elevate
Eric Grigsby
Founder & CEO · Neurovations
Seun Falade
Co-Founder & CEO · EvON Medic
Prism market signals · United States · country-scoped Prism corpus, 973,501 docs
Market landscape — 10 sub-themes by coverage
Share of Traditional Medical Devices coverage by sub-theme.
Regulatory-risk over time flat
Funding & growth over time
funding flat · growth rising
RESEARCH SIGNALS · United States
How research on Medical Devices is moving in the United States
A read on the academic research around Medical Devices — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 1,830 United States-affiliated papers.
research sentiment over time
200820172026
enthusiastic · positive · guarded tone
Tone is overwhelmingly optimistic and intensifying — the enthusiastic (strongly-positive) share moved 43% → 57% across 2008–2026.
top research entities
- Johns Hopkins University74
- United States Food and Drug Administration59
- Harvard University54
- Center for Devices and Radiological Health53
- Design Intelligence36
leading researchers
www.rasitdinc.com · , Elena · Dmitry Oleynikov · Joseph S. Ross · Shane Farritor · Carl A. Nelson · Raşit Dinç · Barbara Christe
▲
Breakthroughs295 · 16%
▲ 15%→16% share
▲1.1× share momentum1 median citations53% since 2021mostly methods-led
Biocompatible material research is surging — U.S. papers rose from 2 to 9, driving Breakthroughs segment growth.
rising sub-themes (early→recent)
- Biocompatible material2→9
- Robotics7→13
- Health care1→6
- Tissue engineering1→5
- Automation1→5
Newly emergingWearable computer 0→7 · Gelatin 0→6 · Antimicrobial 0→6
Landmark Nanostructured Titanium for Biomedical Applications · 258 cites
◆
Advancements555 · 30%
31%→31% share
▲1.0× share momentum1 median citations53% since 2021mostly methods-led
Robotic surgery advancement papers nearly doubled from 18 to 29, intensifying across U.S. medical device research.
rising sub-themes (early→recent)
- Health care2→24
- MEDLINE1→21
- Quality (philosophy)3→15
- Robotic surgery18→29
- Product (mathematics)5→16
Newly emergingClearance 0→6 · Wearable computer 0→6 · Single use 0→6
Landmark New Technology and Health Care Costs — The Case of Robot-Assisted Surgery · 962 cites
▼
Concerns582 · 32%
▼ 35%→31% share
▼0.9× share momentum1 median citations51% since 2021mostly position pieces
MEDLINE-indexed concern papers spiked from 1 to 36, signaling rapidly intensifying scrutiny of medical device safety literature.
rising sub-themes (early→recent)
- MEDLINE1→36
- Robotic surgery7→24
- Patient safety19→32
- Key (lock)6→19
- Quality (philosophy)10→20
Newly emergingSystematic review 0→9 · Confidentiality 0→8 · Workflow 0→6
Landmark Current and emerging applications of 3D printing in medicine · 581 cites
RESEARCH HOTSPOTS · United States
Where medical devices is researched across United States
Location clusters by institution affiliation — each city's volume, stance tone, and a quick read on its hot topic, what's advancing, the opening opportunity, and the main concern.
Boston116 · +0.15
SF Bay Area70 · +0.06
New York59 · +0.21
Seattle40 · +0.25
Los Angeles36 · +0.38
Chicago33 · +0.16
Philadelphia28 · +0.12
San Diego27 · +0.36
Pittsburgh25 · +0.44
Atlanta23 · +0.43
PATENT SIGNAL · United States
Who's filing medical devices patents in the United States
United States medical devices patent filing is accelerating — 666,693 filings from 8,000 assignees (2016–2025), led by Covidien, Boston Scient Scimed, Medtronic; annual filings 63466→63610.
666,693 filings8,000 assigneespeak 71776/yr2016–2025
filing momentum (YoY 2016–2025)
top patent filers
- Covidien29351
- Boston Scient Scimed24775
- Medtronic22434
- Becton Dickinson18269
- Procter & Gamble16210
- Ethicon ENDO Surgery13758
- Kimberly Clark12462
- Ethicon11769
Common questions
How many Traditional Medical Devices companies are there in United States?
Radar tracks 965 indexable Traditional Medical Devices companies headquartered in United States that meet our profile-completeness bar.
What is the total funding raised by Traditional Medical Devices companies in United States?
The Traditional Medical Devices companies in United States on this list have raised a combined $7.6B in disclosed equity funding across 231 funded companies.
Which is the highest-funded Traditional Medical Devices company in United States?
VSP Optical Group is the highest-funded Traditional Medical Devices company in United States, with $1.4B in disclosed equity funding.
How many Traditional Medical Devices companies in United States are funded?
231 of the 965 Traditional Medical Devices companies in United States on this list have disclosed at least one equity funding round.
How many Traditional Medical Devices unicorns are there in United States?
None of the Traditional Medical Devices companies in United States on this list currently has a disclosed valuation of $1B or more.
Who are the top investors in United States Traditional Medical Devices companies?
The most active investors in United States Traditional Medical Devices companies on this list include HHS, Europa, National Science Foundation, America’s Seed Fund, MassChallenge.
Riya SenguptaFinancials
Riya reads income statements for fun. She covers the real money in a sector — revenue, growth, who actually earns — and never met a vague claim she didn't want a number for.