Shoulder Innovations Revenue, Growth & Competitor Profile

Company Profile & Annual Report for Shoulder Innovations

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Shoulder Innovations Fast Facts

Revenue	$1 - $10 million    See Exact Annual Revenue
Employees	10 - 100Exact Company Size
Primary Industry	339112 Surgical & Medical Instrument Manufacturing
Additional NAICS Codes	5417 Scientific Research & Development Services
Address	1535 Steele Ave Sw Ste B Grand Rapids, MI 49507

Note: Revenues for privately held companies are statistical evaluations.


Shoulder Innovations's Annual Report & Profile shows critical firmographic facts:

• What is the company's size? (Annual sales and employees)
  • Shoulder Innovations's annual revenues are $1 - $10 million (see exact revenue data)
• What industry is the company in?
  • Shoulder Innovations is classified as operating in the Surgical & Medical Instrument Manufacturing industry, NAICS Code 339112.

Shoulder Innovations Annual Revenue and Growth Rate

Shoulder Innovations	Revenue Est. ($ Million)	Growth Rate (%)	# Employees
2023	$1 - $10 million Details in Premium Report
2022
2021
2020
2019

1-Year Growth Rate: 3-Year Growth Rate (CAGR):

Note: Shoulder Innovations's revenues are gauged from an analysis of company filings.

Shoulder Innovations's Income Statement (based on Industry Averages)

Shoulder Innovations P&L	$ Millions
Revenue (Sales)
Cost of Goods Sold
Gross Profit
Operating Expenses
Advertising
Salaries and wages
Other Operating Expenses
Total Operating Expenses
Operating Income
EBITDA
EBIT (Earnings Before Interest and Taxes)
Net Profit

Investor Activity

Shoulder Innovations has actively raised capital from investors. These investors may include private investors, venture capital firms, or other investment vehicles.

Date	Investors	Percent Raised	Target Size
February 22, 2023	21	81%	$40 MM
Complete list of funding rounds and total amounts in the Company Report

Trademark Applications

Trademark applications show the products and services that Shoulder Innovations is developing and marketing. Shoulder Innovations's new tradmarks suggest it is investing in R&D and marketing, while expanding into new products or markets. Trademarks may include brand names, product names, logos and slogans.

Trademark	Date
SHOULDER INNOVATIONS Educational services, namely, programs teaching methodology for implanting shoulder implants; providing information on methods for implanting orthopedic implants; developing and teaching training systems for shoulder surgery; training of surgeons for use of devices, tools, and implants used in connection with orthopedics; training of surgeons in shoulder surgery; medical training and teaching and distributing course materials in connection therewith; providing a website featuring information in the field of orthopedic surgery and orthopedic implants	08/28/2023
RING OF CONTAINMENT Educational services, namely, programs teaching methodology for implanting shoulder implants; providing information on methods for implanting orthopedic implants; developing and teaching training systems for shoulder surgery; training of surgeons for use of devices, tools, and implants used in connection with orthopedics; training of surgeons in shoulder surgery; medical training and teaching and distributing course materials in connection therewith; providing a website featuring information in the field of orthopedic surgery and orthopedic implants	08/28/2023

See all trademarks and details in the Full Report.

Market Share of Shoulder Innovations's Largest Competitors

A competitive analysis shows these companies are in the same general field as Shoulder Innovations, even though they may not compete head-to-head. These are the largest companies by revenue. However, they may not have the largest market share in this industry if they have diversified into other business lines. The "Competition" section of a business plan or investment memorandum would start by analyzing the information about these companies. Competitive advantage comes from offering better pricing or superior products/service.

Company	Headquarters	Revenue ($ MM)
EMBECTA	Parsippany, NJ	100
STRUCTURE MEDICAL	Mooresville, NC	34
AUTOCAM MEDICAL DEVICES	Kentwood, MI	30
SCHARNBERG HOLDING	Des Moines, IA	26
SPECIALTY SURGICAL INSTRUMENTATION	Antioch, TN	24
MIDWEST INTERVENTIONAL SYSTEMS	Maple Grove, MN	19
VITA NEEDLE	Needham, MA	17
PYLANT MEDICAL	Grapevine, TX	17
MEDTEC	Orange City, IA	16

Nearby Competitors

These companies are similar in business line and location to Shoulder Innovations. While some companies compete with neighboring businesses for customers, other companies may compete to attract skilled employees.

Company	Headquarters	Revenue ($ MM)
AUTOCAM MEDICAL	Kentwood, MI	100
SUNMED	Grand Rapids, MI	34
AUTOCAM MEDICAL DEVICES	Kentwood, MI	28
ROSE MEDICAL	Grand Rapids, MI	15
ALLIANT ENTERPRISES	Grand Rapids, MI	9
ART OPTICAL CONTACT LENS	Grand Rapids, MI	5

Future Competition: Shoulder Innovations's Fastest Growing Competitors

These companies are in the same general field as Shoulder Innovations and are rapidly expanding. Companies may grow organically or through acquisition. In some cases apparently high growth rates may be caused by data that weren't available in previous years.

Company	Revenue ($ MM)