Penumbra Inc

Penumbra Inc

Develops medical devices for vascular conditions

About

Penumbra Inc. specializes in creating medical devices aimed at treating neurovascular and peripheral vascular conditions. Their products, such as the Penumbra System and the Indigo System, are designed to assist healthcare professionals in addressing issues like stroke and other vascular diseases. These devices work by providing advanced tools for interventions in neurology and vascular surgery, allowing for effective treatment options. Unlike many competitors, Penumbra focuses on a specific range of conditions and invests heavily in research and development to continuously enhance their offerings. The company's goal is to deliver high-quality medical devices that meet the needs of healthcare providers and improve patient outcomes.

Company Stage

IPO

Employees

1,001-5,000

Industries

Biotechnology, Healthcare

Total Funding

$116.7K

Headquarters

Alameda, California

Founded

2004


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Simplify's Take

What believers are saying

  • Growing neurovascular devices market boosts demand for Penumbra's innovative solutions.
  • European launch of advanced neuro access offerings enhances market position.
  • Aging populations in Europe and North America increase demand for neurovascular devices.

What critics are saying

  • Increased competition in the neurovascular space may impact market share.
  • Recent layoffs in Immersive Healthcare suggest potential financial or strategic challenges.
  • Regulatory challenges in Europe could delay new product market entry.

What makes Penumbra Inc unique

  • Penumbra offers a comprehensive range of neuro and peripheral vascular devices.
  • The company focuses on innovative solutions for stroke and neurovascular disease treatment.
  • Penumbra's global presence spans North America, Europe, Asia, and Australia.

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Growth & Insights
Headcount

6 month growth

3%

1 year growth

10%

2 year growth

20%

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