# Concept Medical: Medical devices, Surat, India

> Concept Medical: Concept Medical is a multinational medical devices company based in Tampa, Florida. Based in Surat, India. Founded 2008.

Source: https://millionrounds.com/startup/concept-medical (Millionrounds; every figure on the page links to its filing or article)

India · [Medical devices startup](https://millionrounds.com/companies)

# Concept Medical

Concept Medical is a multinational medical devices company based in Tampa, Florida.

Email

Funding reported Last round: Undisclosed round

Medical devices Surat, India

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Company summary

- **Founded:** 2008 18 years old
- **Team:** 270 201 to 1,000 people
- **Funding reported:** 60M as listed, currency not stated
- **Last round:** Undisclosed round Oct 2018

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for Concept Medical has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## About Concept Medical

Concept Medical is a multinational medical devices company based in Tampa, Florida.

Founded in 2008, the company focuses on developing innovative drug-delivery technologies for treating coronary and peripheral artery diseases. With a presence in over 80 countries, Concept Medical aims to address critical clinical needs in cardiovascular and peripheral vascular interventions. The company specializes in sirolimus-based drug delivery platforms, offering a range of products including drug-coated balloons like MagicTouchTM and drug-eluting stents such as AlbuminusTM. Their flagship innovation, MagicTouchTM, is recognized as the first commercially available sirolimus-coated balloon. Concept Medical also supports clinical trials to expand its device portfolio and enhance patient outcomes. With a dedicated team and a commitment to research, Concept Medical is advancing vascular therapy through its patented nanotechnology platforms.

## What company datasets say Concept Medical raised

Funding, as reported

Reported in all **60M** in the source's currency

Rounds **1**

Last round **Undisclosed round**

Last round size **60M**

Last round date **Oct 2018**

Investors listed **1**

## The company, in detail

What they build

Known for

peripheral intervention health care state-of-the-art medical devices corporate social responsibility fda approvals sirolimuscoated balloon technology drug coated balloon drug-coated balloon evidence-based clinical practices coronary artery disease treatment healthcare quality improvements distribution manufacturing peripheral vascular devices target-specific coating healthcare solutions

Built with from their website

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+8 more

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- **Sector:** Medical devices
- **Industry code:** NAICS 339112, SIC 3844, 3841
- **Region:** Gujarat
- **Revenue:** 125.7M a year, as listed
- **Full record:** [Every detail in the company directory](https://millionrounds.com/directory/concept-medical)

## Medical devices in India

Startups like it

- [**Cyclops Medtech** Bengaluru · founded 2015 *Raised*](https://millionrounds.com/company/cyclops-medtech)
- [**Sahajanand Medical Technologies** Surat · founded 1998](https://millionrounds.com/startup/sahajanand-medical-technologies)
- [**Meril** Vapi · founded 2006](https://millionrounds.com/startup/meril)
- [**Voxelgrids Innovations Pvt Ltd** Bengaluru · founded 2017](https://millionrounds.com/startup/voxelgrids-innovations-pvt-ltd)
- [**Noccarc** Pimpri-Chinchwad · founded 2017](https://millionrounds.com/startup/noccarc)
- [**EzeRx** Bhubaneshwar · founded 2018](https://millionrounds.com/startup/ezerx-2)
- [**Molbio Diagnostics** founded 2000](https://millionrounds.com/startup/molbio-diagnostics)
- [**Trivitron Healthcare** Chennai · founded 1997](https://millionrounds.com/startup/trivitron-healthcare-2)

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