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Market Trends

Fastest Growing Medical Devices Companies In Nov 2023

Nov 10, 2023

In this post, we take a close look at how “Medical Devices” category is growing across the world.

Center of Innovation: USA

Of all the Medical Devices companies across the world, 70% or 842 of them, grew in headcount over the last year.

Here is how these companies are distributed globally:

USA leads the pack with 53% of these companies HQ’d there.

India trails at second place, housing 7% of growing Medical Devices companies.

Here are the 10 fastest growing medical devices companies by headcount growth

  1. Braeburn

  2. 23Mofang

  3. Simulands

  4. CopilotIQ

  5. Janitri

  6. American Nitrile

  7. PatchRx

  8. iRewardHealth

  9. Intera Oncology

  10. Acurable


Braeburn, which is focused on solving the opioids overdose epidemic, is outpacing others by over 100% YoY growth.

Here is their headcount growth over time:

Time Taken to Raise the Next Funding Round

Below we see the time taken in months to raise the next funding round by a typical growing Medical Devices company in 2023.

From Seed to Series D, it takes about 13-15 months between each round.

Growth Rates by Countries

Companies in Australia, Netherlands, and the United Kingdom are growing at least 30% faster than other countries.

Access the complete data 👇

Download the complete list of 842 growing Medical Devices companies included in the analysis above.

The CSV has 32 columns with

  • headcount growth metrics

  • headcount over time

  • headcount by function

  • funding milestones

  • website traffic

  • firmographics

  • and founder contact details

About the data

The data seen above is from Crustdata - the most accurate AI powered alternative data platform for private growth stage investors and sales leaders. It indexes billions of public data points on companies every week to provide an edge over the private market.

Get an edge with real-time data.

Get an edge with real-time data.

Get an edge with real-time data.