EDAP TMS

EDAP TMS Overview

Company Headquarters: Vaulx-en-Velin, France

Founded: 1979

Workforce: ~ 500

Company Working: EDAP TMS is a pioneer and a market leader in Extracorporeal ShockWave Lithotripsy (ESWL) with the Sonolith range of devices. Its products are marketed through a network of subsidiaries and distribution partners around the globe. It is investing in R&D heavily to maintain and strengthen its level of innovation and research. It also offers three HIFU products such as the Ablatherm, Ablatherm Fusion, and Focal One. Products including lasers, micro-ultrasound equipment, and other medical supplies are sold by its distribution division to support its international activities. The company has operations in France, the US, and other regions.

Strategy

EDAP TMS’s business strategy is to leverage its therapeutic ultrasound expertise and its urology position to become a leader in the development, production, marketing, and distribution of minimally invasive medical devices for urology and other indications, primarily using HIFU and shockwave technologies.

Company Snapshot

$50.3M

Revenue

500

Employees

1979

Founded

Vaulx-en-Velin, France

Headquarters

SWOT Analysis

Strengths

High R&D investment
High-quality products and services
Strong sales and marketing strategies

Weaknesses

Legal disputes with other key players might affect the market share of the company

Opportunities

Obtaining and maintaining government regulatory approval
Collaboration with OEM manufacturers

Threats

Increasing competition in the market
Foreign currency exchange rate risk

Product Offering

EDAP TMS
- Tumor Ablation

Financial Performance

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