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Apollo Endosurgery Inc's Business Segments
Apollo Endosurgery Inc's reported revenue by business segment and by geographic region, quarterly and annual, normalized against the consolidated income statement. Free below: the top 3 rows per table, this quarter and this fiscal year. Subscriber access adds the full segment history and operating income by segment.
Reportable Segments
-
Largest Segment
-
Total Revenue
-
Regions Reported
1
Annual Results
Revenue Share by Region -
- Non-US42.8%
Revenue by Geographic Region -
| Region | Revenue (Millions) | % of Total |
|---|---|---|
| Non-US | $ 33 | 42.8% |
Revenue by Product & Service Category -
- Endoscopic Suturing System46.2%
- Intragastric Balloon10%
- Other Products1%
Revenue by Product & Service Category -
| Category | Revenue (Millions) | % of Total |
|---|---|---|
| Endoscopic Suturing System | $ 36 | 46.2% |
| Intragastric Balloon | $ 8 | 10% |
| Other Products | $ 1 | 1% |
Product and service categories are a supplemental disclosure and are not required to sum to consolidated revenue or to the reportable segments above.
Description of Apollo Endosurgery Inc
Apollo Endosurgery Inc. is a medical technology company that specializes in the development and commercialization of innovative minimally invasive surgical solutions. Founded in 2006, the company is based in Austin, Texas.
Apollo Endosurgery is dedicated to advancing the field of minimally invasive surgeries by providing cutting-edge tools and devices to healthcare professionals worldwide. The company focuses on therapeutic solutions for diseases and conditions related to the gastrointestinal tract, focusing on products in the areas of bariatric surgery, gastroesophageal reflux disease (GERD), and gastrointestinal cancer diagnostics and treatment.
One of Apollo Endosurgery's flagship products is the Orbera Intragastric Balloon System, which is an FDA-approved non-surgical weight loss solution. The Orbera system involves inserting a soft balloon into the patient's stomach, which helps them feel full and restricts the amount of food they can consume. This technology aids in weight loss and is typically used as part of a comprehensive weight loss program.
Another major product offered by Apollo Endosurgery is the OverStitch Endoscopic Suturing System. This device allows surgeons to perform secure and reliable sutures using an endoscope, thus enabling them to treat gastrointestinal conditions without the need for open surgery. The OverStitch system is widely utilized in various procedures, such as revisional bariatric surgery, closure of large defects, and endoscopic sleeve gastroplasty.
In addition to their core products, Apollo Endosurgery also offers a range of other devices and accessories, including endoscopes, trocars, dilation balloons, and graspers, which are used in various minimally invasive surgical procedures.
The company is committed to research and development, collaborating with leading physicians and healthcare institutions to develop and enhance their product offerings continually. Apollo Endosurgery has a strong focus on innovation, leveraging advancements in technology and clinical knowledge to improve patient outcomes and revolutionize the field of minimally invasive surgery.
Apollo Endosurgery products are distributed globally and have gained recognition for their quality, safety, and efficacy. The company adheres to strict regulatory standards, ensuring that their products meet or exceed the requirements set forth by global regulatory bodies.
In summary, Apollo Endosurgery Inc. is a medical technology company that specializes in the development and commercialization of minimally invasive surgical solutions. Through their innovative products and commitment to advancing the field of surgery, the company aims to provide patients and clinicians with effective and safe treatment options for various gastrointestinal diseases and conditions.
Apollo Endosurgery is dedicated to advancing the field of minimally invasive surgeries by providing cutting-edge tools and devices to healthcare professionals worldwide. The company focuses on therapeutic solutions for diseases and conditions related to the gastrointestinal tract, focusing on products in the areas of bariatric surgery, gastroesophageal reflux disease (GERD), and gastrointestinal cancer diagnostics and treatment.
One of Apollo Endosurgery's flagship products is the Orbera Intragastric Balloon System, which is an FDA-approved non-surgical weight loss solution. The Orbera system involves inserting a soft balloon into the patient's stomach, which helps them feel full and restricts the amount of food they can consume. This technology aids in weight loss and is typically used as part of a comprehensive weight loss program.
Another major product offered by Apollo Endosurgery is the OverStitch Endoscopic Suturing System. This device allows surgeons to perform secure and reliable sutures using an endoscope, thus enabling them to treat gastrointestinal conditions without the need for open surgery. The OverStitch system is widely utilized in various procedures, such as revisional bariatric surgery, closure of large defects, and endoscopic sleeve gastroplasty.
In addition to their core products, Apollo Endosurgery also offers a range of other devices and accessories, including endoscopes, trocars, dilation balloons, and graspers, which are used in various minimally invasive surgical procedures.
The company is committed to research and development, collaborating with leading physicians and healthcare institutions to develop and enhance their product offerings continually. Apollo Endosurgery has a strong focus on innovation, leveraging advancements in technology and clinical knowledge to improve patient outcomes and revolutionize the field of minimally invasive surgery.
Apollo Endosurgery products are distributed globally and have gained recognition for their quality, safety, and efficacy. The company adheres to strict regulatory standards, ensuring that their products meet or exceed the requirements set forth by global regulatory bodies.
In summary, Apollo Endosurgery Inc. is a medical technology company that specializes in the development and commercialization of minimally invasive surgical solutions. Through their innovative products and commitment to advancing the field of surgery, the company aims to provide patients and clinicians with effective and safe treatment options for various gastrointestinal diseases and conditions.
Apollo Endosurgery Inc. is a medical technology company focused on developing and marketing innovative solutions for the treatment of obesity and other gastrointestinal conditions. Their offerings encompass a range of segments, products, and services that utilize advanced endoscopic techniques. Below is a detailed overview of their segments, products, and services.
Segments
1. Obesity Intervention:
Apollo Endosurgery is heavily invested in the obesity intervention segment, which addresses the growing global epidemic of obesity and related comorbidities. This segment includes both nonsurgical and minimally invasive surgical techniques designed to help patients achieve significant weight loss.
2. Gastroenterology:
In the gastroenterology segment, Apollo provides tools aimed at various digestive disorders, including complications arising from obesity, as well as conditions such as gastroesophageal reflux disease (GERD). Their focus here is on minimally invasive approaches that facilitate treatment while minimizing patient recovery times.
Products
1. OverStitch™ Endoscopic Suturing System:
This device enables physicians to perform endoscopic suturing and tissue approximation. It plays a critical role in various applications such as creating plications in the stomach post-endoluminal interventions and assisting in weight-loss procedures.
2. APOLLO™ Bariatric Balloon System:
The APOLLO system is designed for nonsurgical weight loss as an adjunct to lifestyle changes. It is a gastric balloon that is inserted endoscopically and helps patients feel full sooner, thereby reducing food intake and promoting weight loss.
3. Endoscopic Sleeve Gastroplasty (ESG):
Apollo offers a proprietary technique for ESG, which involves the use of the OverStitch system to suture the stomach into a tubular shape. This method reduces the stomach’s capacity and helps patients achieve significant weight loss without traditional surgical risks.
4. Spatz3 Adjustable Balloon System:
This adjustable gastric balloon is designed to provide controlled weight loss for patients struggling with obesity. It can be deflated or inflated according to the specific needs of the patient, allowing for customized treatment over time.
5. Gastroplasty Devices:
These devices are designed to reduce gastric volume through endoscopic techniques. This serves as a minimally invasive option for patients who wish to lose weight without undergoing more invasive surgical options.
6. Endo-Bariatric Solutions:
This segment includes a combination of products that facilitate the endoscopic treatment of obesity, combining techniques such as gastric balloons and suturing systems that can be tailored to individual patient needs.
Services
1. Training and Support:
Apollo Endosurgery offers comprehensive training programs for healthcare professionals to ensure they can effectively use their devices and techniques. This includes hands-on training, webinars, and ongoing support to facilitate the implementation of their endoscopic procedures.
2. Clinical Support:
The company provides clinical support to healthcare providers implementing its products, which can include assistance with patient selection, procedure planning, and post-procedure follow-up.
3. Patient Education Programs:
Apollo Endosurgery recognizes the importance of educating patients about their treatment options. They provide resources and programs that inform patients about the benefits and risks of endoscopic procedures for obesity and other related conditions.
4. Research and Development:
Apollo is dedicated to advancing the field of endoscopic weight loss and gastrointestinal treatments through ongoing research and clinical trials aimed at improving existing technologies and developing new solutions.
5. Regulatory and Compliance Assistance:
Apollo Endosurgery supports healthcare providers in navigating regulatory standards and compliance related to the use of their devices, ensuring that practitioners are informed about the legal and safety standards governing medical endoscopies.
Innovations and Advancements
Apollo Endosurgery is at the forefront of innovation in minimally invasive techniques for the treatment of obesity and gastrointestinal conditions. Their commitment to research and technological advancement positions them as leaders in the medical field, continuously striving to improve outcomes for patients through state-of-the-art solutions.
In summary, Apollo Endosurgery, Inc. offers a broad spectrum of products and services focused on the endoscopic treatment of obesity and gastrointestinal disorders. Through their innovative products, training programs, and commitment to patient education, they aim to lead advancements in this critical area of healthcare.
Segments
1. Obesity Intervention:
Apollo Endosurgery is heavily invested in the obesity intervention segment, which addresses the growing global epidemic of obesity and related comorbidities. This segment includes both nonsurgical and minimally invasive surgical techniques designed to help patients achieve significant weight loss.
2. Gastroenterology:
In the gastroenterology segment, Apollo provides tools aimed at various digestive disorders, including complications arising from obesity, as well as conditions such as gastroesophageal reflux disease (GERD). Their focus here is on minimally invasive approaches that facilitate treatment while minimizing patient recovery times.
Products
1. OverStitch™ Endoscopic Suturing System:
This device enables physicians to perform endoscopic suturing and tissue approximation. It plays a critical role in various applications such as creating plications in the stomach post-endoluminal interventions and assisting in weight-loss procedures.
2. APOLLO™ Bariatric Balloon System:
The APOLLO system is designed for nonsurgical weight loss as an adjunct to lifestyle changes. It is a gastric balloon that is inserted endoscopically and helps patients feel full sooner, thereby reducing food intake and promoting weight loss.
3. Endoscopic Sleeve Gastroplasty (ESG):
Apollo offers a proprietary technique for ESG, which involves the use of the OverStitch system to suture the stomach into a tubular shape. This method reduces the stomach’s capacity and helps patients achieve significant weight loss without traditional surgical risks.
4. Spatz3 Adjustable Balloon System:
This adjustable gastric balloon is designed to provide controlled weight loss for patients struggling with obesity. It can be deflated or inflated according to the specific needs of the patient, allowing for customized treatment over time.
5. Gastroplasty Devices:
These devices are designed to reduce gastric volume through endoscopic techniques. This serves as a minimally invasive option for patients who wish to lose weight without undergoing more invasive surgical options.
6. Endo-Bariatric Solutions:
This segment includes a combination of products that facilitate the endoscopic treatment of obesity, combining techniques such as gastric balloons and suturing systems that can be tailored to individual patient needs.
Services
1. Training and Support:
Apollo Endosurgery offers comprehensive training programs for healthcare professionals to ensure they can effectively use their devices and techniques. This includes hands-on training, webinars, and ongoing support to facilitate the implementation of their endoscopic procedures.
2. Clinical Support:
The company provides clinical support to healthcare providers implementing its products, which can include assistance with patient selection, procedure planning, and post-procedure follow-up.
3. Patient Education Programs:
Apollo Endosurgery recognizes the importance of educating patients about their treatment options. They provide resources and programs that inform patients about the benefits and risks of endoscopic procedures for obesity and other related conditions.
4. Research and Development:
Apollo is dedicated to advancing the field of endoscopic weight loss and gastrointestinal treatments through ongoing research and clinical trials aimed at improving existing technologies and developing new solutions.
5. Regulatory and Compliance Assistance:
Apollo Endosurgery supports healthcare providers in navigating regulatory standards and compliance related to the use of their devices, ensuring that practitioners are informed about the legal and safety standards governing medical endoscopies.
Innovations and Advancements
Apollo Endosurgery is at the forefront of innovation in minimally invasive techniques for the treatment of obesity and gastrointestinal conditions. Their commitment to research and technological advancement positions them as leaders in the medical field, continuously striving to improve outcomes for patients through state-of-the-art solutions.
In summary, Apollo Endosurgery, Inc. offers a broad spectrum of products and services focused on the endoscopic treatment of obesity and gastrointestinal disorders. Through their innovative products, training programs, and commitment to patient education, they aim to lead advancements in this critical area of healthcare.