Healthium Medtech

Healthium Medtech

Manufacturer of sutures, bath wipes, anti-microbial gloves, and other medical surgical consumables

Founded

1992

Headquarters

Bengaluru (India)

Status

Acquired

Company Details

Website

Socials

Email

Phone

+91 - 8041868000

Healthium Medtech Limited is a global leader in the medical devices industry, specializing in products for surgical, post-surgical and chronic care. Healthium has established itself as a key player in both domestic and international healthcare markets, with a presence in over 90 countries and coverage of 90% of Indian districts with secondary healthcare facilities.

Products & Services 

  • Surgical Sutures & Needles: World’s largest non-captive surgical needle maker and a top global suture brand.

  • Advanced Wound Care: Dressings, hemostats and infection prevention products for hospitals and clinics.

  • Arthroscopy Solutions: Implants and equipment for minimally invasive orthopedic surgeries.

  • Urology Consumables: Catheters, urine collection devices and related products (market leader in the UK via Clinisupplies).

  • Infection Prevention: Antimicrobial gloves (Trushield™), medicated wipes and surgical consumables.

  • OEM & Private Label Manufacturing: Produces medical devices for other brands and global distributors.

  • Skill Development: Training programs for healthcare professionals in surgical and wound care techniques.

Business Model & Revenue Streams

Healthium Medtech operates a diversified, B2B-focused business model with the following primary revenue streams:

  • Direct Sales to Hospitals and Healthcare Providers: The majority of revenue comes from selling medical devices and consumables directly to hospitals, clinics and surgical centers in India and abroad.

  • B2B Export Business: Significant income is generated from exporting wound closure, urology and surgical consumables to over 90 countries, including developed markets like the UK, US, Germany, and France.

  • Clinisupplies (UK Subsidiary): A major player in the UK’s urology and wound management market, contributing to the company’s international revenue mix.

  • OEM & Private Label Manufacturing: Healthium manufactures products for other brands and distributors, leveraging its high-volume, globally certified manufacturing facilities.

  • Product Innovation & Premium Offerings: The company’s focus on high-margin advanced surgery and needles segments, as well as patented innovations, drives higher profitability and recurring sales.

Customer Segmentation

  • B2B: Hospitals, surgical centers, clinics, and healthcare providers in India and over 90 international markets.

  • Enterprise & Institutional: Government health systems, private hospital chains and group purchasing organizations.

  • OEM/Private Label Partners: Other medical device brands and distributors.

Growth Strategy

  • Product & Market Expansion: Continuous R&D investment, new product launches and acquisitions to strengthen its global portfolio and market share.

  • Focus on High-Margin Segments: Increasing revenue from advanced surgery, needles and arthroscopy, while reducing reliance on low-margin consumables.

  • Skill Development Partnerships: Collaborating with healthcare sector councils to train and upskill healthcare professionals, boosting adoption and brand loyalty.

  • Operational Scaling: Expanding manufacturing capacity, improving operational efficiency and leveraging global certifications for international growth.

  • Strategic Acquisitions: Acquiring complementary businesses to enter new markets and broaden offerings.

Key People

Anish Vanraj Bafna

Timir Gupta

Sudeep Dhariwal

Key Metrics

Total Equity Funding

$983 K

No. of Funding Rounds

1

Latest Funding Round

$983 K, Pre-Seed

as of May 15, 2025

Post Money Valuation

$839 Million

as of May 6, 2024

Funding Multiple

853.6x

as of May 6, 2024

Investors

TPG

and 3 more

Employee Count

1049

Similar Companies

N/A

Exit Details

N/A

All Funding Rounds

DateRound NameAmountValuationRevenueRevenue Multiple
Investors
May 15, 2025 Pre-Seed $983 K---4point0 Health Ventures

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