Baird Medical Investment Holdings Limited's

Name: Baird Medical Investment Holdings Limited Comparisons to its Competitors and Market Share - CSIMarket
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BDMD Sales vs. its Competitors Q4 2025

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Baird Medical Investment Holdings Limited's Comment on Competition and Industry Peers

The microwave ablation medical device industry in China is highly concentrated, with the top four manufacturers—ECO Medical, Vison Medical, the Company, and Canyon Medical—accounting for approximately 88.4% of sales in 2022. The Company was the third largest provider by sales revenue in 2022, holding a 19.0% market share. ECO Medical and Canyon Medical have obtained Class III medical device registration certificates for microwave ablation devices used in treating liver cancer and thyroid nodules. Vison Medical holds a Class III medical device registration certificate for microwave ablation devices used in treating liver cancer. In 2022, the Company ranked first in sales revenue and sales volume of microwave ablation needles for the treatment of thyroid nodules and breast lumps in China.

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*Market share is calculated based on total revenue.

BDMD's Stock Performance relative to its Competitors

Publicly Traded Peers of Baird Medical Investment Holdings Limited

Sources: Baird Medical Investment Holdings Limited’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
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Focus of this report: publicly traded companies.
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