China's Best One-Stop Medical Equipment Provider
About

Electromed, Inc. is a medical device company that develops and sells airway clearance products using High Frequency Chest Wall Oscillation (HFCWO) technology. Its main product, the SmartVest® Airway Clearance System, is designed for home use to assist patients with compromised pulmonary function, particularly those with bronchiectasis. The SmartVest focuses on patient comfort and ease of use, addressing a significant market where only a small percentage of bronchiectasis patients currently utilize this therapy. The company employs a direct-to-patient and provider distribution model, which simplifies the process of obtaining patient referrals, managing insurance claims, and providing product delivery and training. This approach enhances the quality of life for patients and reduces healthcare utilization. Electromed is committed to improving patient outcomes and operates with core values that emphasize customer focus, integrity, and collaboration. The company is publicly traded on the NYSE American exchange under the ticker ELMD.

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Keywords
biotechnology: electromedical & electrotherapeutic apparatus health care medical device support airway clearance device smartvest connect airway clearance device with touchscreen medical equipment and supplies manufacturing respiratory therapy patient support respiratory therapy equipment minnesota-made smartvest clearway patient education hfcwo therapy smartvest wrap mucus removal services airway clearance for copd b2c high frequency chest wall oscillation respiratory disease treatment portable airway clearance system airway mucus management respiratory therapy device chronic respiratory disease clinical support telehealth tele-respiratory monitoring hospitalization reduction medical device manufacturing
Company Information
  • Employees 180
  • Founded 1992
  • Annual Revenue $61439000
  • Total Funding $6800000
Location

500 6th Ave NW, New Prague, Minnesota, United States, 56071

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