The Top 100 Healthcare Technology Companies of 2022
67. Precision Medical Products
Category: Medical Devices
Since launching as a self-funded startup in 2010, Precision Medical Products has been specializing in solutions for postoperative recovery. The company, which is now headquartered in Carrollton, Texas, is known for its deep vein thrombosis (DVT) and bracing solutions. Its existing suite of offerings include the CIRCUL8® brand, featuring the CIRCUL8® Pro, a powerful and portable take-home DVT prevention product; and the VenaOne®, a mobile DVT prevention system for hospital use. Both products are self-contained and cordless, allowing for maximum mobility.
The privately-owned growth stage company made industry headlines in December 2021 when it acquired two of the original companies in the mobile compression device industry: Innovamed Health and Vena Group. The acquisitions were a huge boon for Precision Medical Products, which now owns the industry's first single patient use mobile compression device on the market, and the first portable compression device for the hospital market. With around 150 employees working diligently to "cut the cord" for patients and providers, the company has been recognized on the Inc. 5000 List of Fastest Growing Companies in America and has been awarded a variety of innovation awards for its patented products.
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