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Devicor Medical Products, Inc.

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Devicor Medical Products, Inc. - Healthcare showcase

Year Founded & Workforce

1995

400 Employees

Industry

Healthcare

Services

Breast Biopsy ProductsSentinel Node Biopsy
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Devicor Medical Products, Inc. Overview

Company Headquarters: Ohio, US

Founded: 1995

Workforce: ~ 400

Company Working: Devicor Medical Products, Inc. develops and distributes medical products and technologies. The company offers the Mammotome Breast Biopsy System, Mammotome Revolve, the tetherless Mammotome Elite, Sentinel Node Biopsy systems, Neoprobe Gamma Detection System (GDS), Mammotome MammoTestTM stereotactic biopsy table, as well as a wide range of tissue markers used in the diagnostic sampling and management of breast disease. Devicor, the market leader worldwide, is dedicated to developing technologies that will assist clinicians in precisely diagnosing breast diseases, such as breast cancer, using minimally invasive techniques. The company's distribution network provides services to more than 50 countries. Furthermore, it has operations in North America, Europe, and the Asia pacific.

Strategy

Devicor Medical Products aims to achieve growth by expanding its product portfolio and geographic reach through both organic growth and acquisitions. The company is focused on expanding its market share in emerging markets with increasing healthcare needs, while also developing new products and technologies that can improve patient outcomes and reduce healthcare costs. Devicor Medical Products is investing in research and development to develop new breast biopsy and breast cancer treatment products, and is also pursuing strategic partnerships and collaborations to leverage complementary capabilities and expand its market reach. The company is committed to providing high-quality products and services to healthcare providers, and to improving the accuracy and efficiency of breast cancer diagnosis and treatment through innovation and education.

Company Snapshot

400

Employees

1995

Founded

Ohio, US

Headquarters

SWOT Analysis

Strengths

  • Strong brand recognition and a leading position in the breast biopsy market, with a comprehensive range of products and services.

Weaknesses

  • Dependence on a limited number of large customers, which may increase risk and limit growth opportunities.

Opportunities

  • Expansion into new product categories and therapeutic areas, such as breast cancer treatment and other interventional oncology procedures.

Threats

  • Intense competition from other medical technology companies in the breast biopsy and other markets.

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Key Developments

DateApproachDevelopment
August-2022Product LaunchThe company's first twin stage core biopsy tool, the Mammotome DualCore biopsy system, was introduced by Mammotome. In addition to the Mammotome Elite Tetherless Vacuum-Assisted Biopsy Device (tetherless VABB) and the Mammotome Revolve Dual Vacuum-Assisted Breast Biopsy System, this new core biopsy device offers another choice in the Mammotome ultrasound-guided breast biopsy portfolio (tethered VABB).
April-2021Product LaunchMammotome has unveiled a new line of flexible HydroMARK Breast Biopsy Site Marker applicators that are intended to improve the user experience for clinicians. By increasing compatibility with the most popular vacuum-assisted breast biopsy equipment, the expanded line of applicators makes the HydroMARK markers available to more customers in a wider range of clinical settings.

Product Offering

  • Devicor Medical Products, Inc.
    • Breast Biopsy Products
    • Sentinel Node Biopsy

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