Scivita Medical Technology

Founded in 2016 by Dr. Zhang Yi and Dr. Chen Dong, Scivita Medical Technology operates within the surgical devices market, specializing in minimally invasive diagnostic and treatment solutions. The company is headquartered in Suzhou, China, and has strategically established R&D centers in both China and Japan to support its global ambitions. Scivita Medical focuses on the research, development, and commercialization of medical endoscopes, building its portfolio on a technology platform of five core synergistic technologies.

The company's business model revolves around the manufacturing and sale of a comprehensive range of endoscopy products to healthcare providers. This portfolio includes both reusable and single-use endoscopes, addressing a growing market need to mitigate cross-contamination risks. The global market for single-use videoscopes, valued at $0.5 billion in 2020, is projected to expand significantly, indicating a substantial addressable market for Scivita. The firm has secured significant funding to fuel its growth, including Series A and B financing rounds from investors like GL Ventures, Lilly Asia Ventures, Hudson Bay Capital Management, and Medtronic.

Scivita Medical's product line is extensive, covering rigid and flexible endoscopes, as well as white light and fluorescent models. Key products include 4K and 3D imaging systems, single-use videoscopes for urology, bronchoscopy, and hysteroscopy, and specialized devices like a single-use percutaneous choledochoscope. These products feature ultra-high-definition visualization, 3D imaging, and special light visualization technologies. To enhance clinical usability, features such as a lens tip heating element to prevent fogging and ergonomic designs for ambidextrous use have been incorporated. The company has formed strategic partnerships to expand its commercial reach, including distribution agreements with Boston Scientific for certain products in China and globally. Many of its products have received regulatory approval in major markets, including China, the United States, and the European Union. Keywords: Scivita Medical, medical endoscopes, minimally invasive diagnosis, surgical devices, single-use endoscopes, 4K UHD visualization, 3D visualization systems, bronchoscopy, urology endoscopes, choledochoscope, medical device manufacturing, MedTech, Suzhou, Dr. Zhang Yi, Dr. Chen Dong, Boston Scientific partnership, endoscopic imaging, reusable endoscopes, healthcare technology, clinical diagnostics, surgical imaging, minimally invasive surgery