Surgical Innovations
Surgical Innovations (SI) specializes in the design and manufacture of creative solutions for minimally invasive (‘keyhole’) surgery (MIS).
| Date | Investors | Amount | Round |
|---|---|---|---|
| investor | €0.0 | round | |
| investor | €0.0 | round | |
N/A | Acquisition | ||
| Total Funding | 000k | ||
| GBP | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | 11 % | 13 % | (8 %) | (53 %) | 66 % | 25 % | 3 % |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % EBITDA margin | 32 % | 36 % | 21 % | (31 %) | 6 % | 4 % | - |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % profit margin | 17 % | 25 % | (1 %) | (56 %) | (5 %) | 3 % | (9 %) |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article
Related Content
Surgical Innovations Group PLC (LSE: SUN) is a UK-based designer, manufacturer, and distributor of medical devices for minimally invasive surgery, also known as laparoscopic or "keyhole" surgery. The company was established in 1988 by Professor Mike McMahon, a pioneering laparoscopic surgeon, and engineer Pete Moran to advance surgical procedures.
The group's business model is segmented into three core areas: SI Branded products, Original Equipment Manufacturer (OEM) relationships, and Distribution. The SI Brand segment, which generates the majority of revenue, focuses on the company's own line of surgical instruments. The OEM division involves developing and manufacturing devices for third-party medical companies to sell under their own branding. The distribution arm, operating through its subsidiary Elemental Healthcare Ltd, sells specialist medical products from other manufacturers within the UK. This multi-channel approach allows the company to serve healthcare providers directly and through partnerships, with a geographical focus on the UK, Europe, the United States, and the Asia-Pacific region.
A central feature of Surgical Innovations' product portfolio is its "resposable" concept, which combines reusable and disposable components. This hybrid model aims to provide a high-quality, environmentally conscious, and cost-competitive alternative to fully disposable instruments. Key products include the YelloPort range of port access systems, LogiCut disposable scissors, and PretzelFlex retraction devices. The company is headquartered in Leeds, UK, where it operates a 23,000 sq. ft. manufacturing facility that includes a machine shop, clean rooms, and injection moulding capabilities. In 2023, the company reported record revenues of £12.01 million.
Keywords: medical devices, minimally invasive surgery, laparoscopic instruments, surgical technology, resposable instruments, surgical device manufacturing, OEM medical devices, port access systems, retraction devices, Elemental Healthcare, healthcare equipment, surgical solutions, surgical products, medical product distribution, sustainable surgery, keyhole surgery, YelloPort, PretzelFlex, LogiCut, UK medical technology