Tactile Systems Technology Inc - Company Profile

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Tactile Systems Technology Inc: Overview

Tactile Systems Technology Inc (Tactile Medical) is a medical technology company that develops, manufactures, and distributes medical devices for the treatment of chronic vascular diseases in a home setting. The company’s products are based on a unique, scalable platform. The company focuses on the therapeutic areas include vascular disease, oncology and airway clearance therapy. It offers products for the treatment of conditions that include lymphedema and chronic venous insufficiency. The company’s proprietary products include the Flexitouch System, Entre System, Kylee and AffloVest. The company provides products directly to customers through referrals from physicians, therapists, or nurses. It has a manufacturing facility in Minnesota and distributes the products to customers in the US. Tactile Medical is headquartered in Minneapolis, Minnesota, the US.

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Headquarters United States of America

Address 1331 Tyler St Ne Ste 200, Minneapolis, Minnesota, 55413-1638


Telephone 1 612 3555100

No of Employees 982

Industry Medical Equipment

Ticker Symbol & Exchange TCMD (NASD)

Revenue (2022) $246.8M 18.6% (2022 vs 2021)

EPS XYZ

Net Income (2022) XYZ -51.3% (2022 vs 2021)

Market Cap* $351.2M

Net Profit Margin (2022) XYZ -27.5% (2022 vs 2021)

* As of and is in US$
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Tactile Systems Technology Inc premium industry data and analytics

20+

Medical Clinical Trials

A database of clinical trials planned, currently ongoing, completed, suspended, withdrawn, and terminated in countries around the world.

1

Medical Pipeline Products

A database of medical devices that are in the process to get approved for sale around the world. Devices that are in development, through to those in the approval process are included.

1

ICT Spend & Tech Priorities

IT Client Prospector provides intelligence on Tactile Systems Technology Inc’s likely spend across technology areas enabling you to understand the digital strategy.

Products and Services

Products Services Brands
Flexitouch System Product and Customer Service Support Flexitouch
Entre System Entre
AffloVest Kylee
XYZ
XYZ
XYZ
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Competitor Comparison

Key Parameters Tactile Systems Technology Inc Baxter International Inc Genmab AS Electromed Inc AIROS Medical Inc
Headquarters United States of America United States of America Denmark United States of America United States of America
City Minneapolis Deerfield Koebenhavn V New Prague Audubon
State/Province Minnesota Illinois - Minnesota Pennsylvania
No. of Employees 982 60,000 2,132 170 -
Entity Type Public Public Public Public Private
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Executives
Name Position Board Since Age
Peter H. Soderberg Chairman Executive Board 2012 76
Daniel L. Reuvers Chief Executive Officer; President; Director Executive Board 2020 60
Elaine Birkemeyer Chief Financial Officer Senior Management 2023 -
David J. Kaercher Chief Information Officer Senior Management - -
Thomas F. O’Donnell, Jr., M.D. Chief Medical Officer Senior Management 2017 -
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
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