| Market Capitalization (Millions $) |
4,236 |
| Shares
Outstanding (Millions) |
29 |
| Employees |
347 |
| Revenues (TTM) (Millions $) |
570 |
| Net Income (TTM) (Millions $) |
-33 |
| Cash Flow (TTM) (Millions $) |
-88 |
| Capital Exp. (TTM) (Millions $) |
19 |
Inspire Medical Systems Inc
Inspire Medical Systems Inc. is a medical technology company that specializes in the development of innovative solutions to treating obstructive sleep apnea (OSA). The company was founded in 2007, and its headquarters are located in Minneapolis, Minnesota, USA.
Inspire Medical Systems' primary product is an implantable device that stimulates the hypoglossal nerve, which controls the tongue and other muscles involved in breathing, to prevent airway blockage and allow for normal breathing during sleep. The device is implanted under the skin in the upper chest area, and a small remote control is used to turn it on and off.
The company has conducted extensive clinical trials to prove the safety and effectiveness of the device, and it has received approval from the US Food and Drug Administration (FDA) in 2014. The device is also approved for use in Europe, Canada, and Australia.
Inspire Medical Systems is dedicated to improving the lives of people with OSA who cannot tolerate continuous positive airway pressure (CPAP), which is the standard of care for OSA. The company believes that its device provides an effective and long-term solution for patients with OSA who struggle with CPAP therapy.
In addition to developing its implantable device, Inspire Medical Systems also provides training and support for healthcare providers who diagnose and treat OSA. The company works with sleep centers and hospitals around the world to educate clinicians about the benefits of its device and the importance of early intervention for OSA.
Inspire Medical Systems has a team of experienced executives and engineers who are focused on innovation and improving patient outcomes. The company has received numerous awards and honors for its breakthrough technology, including the 2020 Fast Company Most Innovative Companies award in the medical devices category.
In summary, Inspire Medical Systems is a medical technology company that has developed an implantable device to treat obstructive sleep apnea. The company is dedicated to improving patient outcomes and provides training and support to healthcare providers. With its innovative technology and experienced team, Inspire Medical Systems is poised to continue making significant advances in the field of sleep medicine.
Company Address: 5500 Wayzata Blvd. Golden Valley 55416 MN
Company Phone Number: 672-4357 Stock Exchange / Ticker: NYSE INSP
| INSP is expected to report next financial results on February 09, 2024. |
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