Spencer Health Solutions Revenue, Growth & Competitor Profile

Company Profile & Annual Report for Spencer Health Solutions

Access the complete profile.

Spencer Health Solutions Fast Facts

Revenue	$10 - $100 million    See Exact Annual Revenue
Employees	10 - 100Exact Company Size
Primary Industry	339112 Surgical & Medical Instrument Manufacturing
Additional NAICS Codes	325412 Pharmaceutical Preparation Manufacturing
Address	2501 Aerial Center Parkway, Ste 100 Morrisville, NC 27560

Note: Revenues for privately held companies are statistical evaluations.


Spencer Health Solutions's Annual Report & Profile shows critical firmographic facts:

• What is the company's size? (Annual sales and employees)
  • Spencer Health Solutions's annual revenues are $10 - $100 million (see exact revenue data)
• What industry is the company in?
  • Spencer Health Solutions is classified as operating in the Surgical & Medical Instrument Manufacturing industry, NAICS Code 339112.

Spencer Health Solutions Annual Revenue and Growth Rate

Spencer Health Solutions	Revenue Est. ($ Million)	Growth Rate (%)	# Employees
2023	$10 - $100 million Details in Premium Report
2022
2021
2020
2019

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

Note: Spencer Health Solutions's revenues are gauged from an analysis of company filings.

Spencer Health Solutions's Income Statement (based on Industry Averages)

Spencer Health Solutions 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

Spencer Health Solutions 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
August 29, 2023	6	25%	$40 MM
Complete list of funding rounds and total amounts in the Company Report

Trademark Applications

Trademark applications show the products and services that Spencer Health Solutions is developing and marketing. Spencer Health Solutions doesn't have any recent trademark applications, indicating Spencer Health Solutions is focusing on its existing business rather than expanding into new products and markets. Trademarks may include brand names, product names, logos and slogans.

Trademark	Date
SPENCER HEALTH SOLUTIONS Automated medication dispensers for dispensing pre-determined dosages of medication; Automated medication dispensers for monitoring and dispensing pre-determined dosages of prescription medications, and incorporating an alarm for reminding individuals to take medications according to a preset schedule; Computer software controlled medication dispensers for dispensing pre-determined dosages of medication; and Computer hardware and software comprising an electronic computerized machine for dispensing pre-determined dosages of medication, recording medication usage data and alerting patients to take medications	10/18/2017
SPENCER-CERTIFIED PHARMACY Pharmacy services; dispensing of pharmaceuticals; Pharmaceutical services, namely, providing expertise in the field of dispensing of medications for and functioning and use of in home medication dispensers	06/12/2017
HELLO I'M SPENCER Automated medication dispensers for dispensing pre-determined dosages of medication; Automated medication dispensers for monitoring and dispensing pre-determined dosages of prescription medications, and incorporating an alarm for reminding individuals to take medications according to a preset schedule; Computer software controlled medication dispensers for dispensing pre-determined dosages of medication; and Computer hardware and software comprising an electronic computerized machine for dispensing pre-determined dosages of medication, recording medication usage data and alerting patients to take medications	06/12/2017

See all trademarks and details in the Full Report.

Market Share of Spencer Health Solutions's Largest Competitors

A competitive analysis shows these companies are in the same general field as Spencer Health Solutions, 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 Spencer Health Solutions. While some companies compete with neighboring businesses for customers, other companies may compete to attract skilled employees.

Company	Headquarters	Revenue ($ MM)
ROBLING MEDICAL	Youngsville, NC	100
TRANSENTRIX SURGICAL	Morrisville, NC	87
TITAN MEDICAL USA	Chapel Hill, NC	63
SPENCER HEALTH SOLUTIONS	Morrisville, NC	61
POLYZEN	Apex, NC	56
SURROUND MEDICAL SYSTEMS	Morrisville, NC	21

Future Competition: Spencer Health Solutions's Fastest Growing Competitors

These companies are in the same general field as Spencer Health Solutions 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)