Tactile Systems Technology Inc - Company Profile
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Tactile Systems Technology Inc (Tactile Medical) is a medical technology company that develops, manufactures, and distributes medical devices for the treatment of chronic vascular diseases in a home setting. The company's main activities include creating at-home therapy devices for conditions such as lymphedema and chronic venous insufficiency. Its major products include the Flexitouch, Entre, and Nimbl systems, as well as the AffloVest airway clearance product line. Tactile Medical's solutions are used by patients with vascular disorders and chronic respiratory conditions. The company provides products directly to customers through referrals from physicians, therapists, or nurses. It has a manufacturing facility in Minnesota and distributes the products to customers in the US. Tactile Medical is headquartered in Minneapolis, Minnesota, the US.
Headquarters
United States of America
Address
Suite 300, 3701 Wayzata Blvd, Minneapolis, Minnesota, 55416
Website
www.tactilemedical.com
Telephone
1 612 3555100
No of Employees
1,086
Industry
Medical Equipment
Ticker Symbol & Exchange
TCMD (NASD)
Revenue (2024)
$329.5M
12.5%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
12.5%
(2024 vs 2023)
Market Cap*
$707.1M
Net Profit Margin (2024)
XYZ
0.0%
(2024 vs 2023)
* As of and is in US$
Tactile Systems Technology Inc premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Flexitouch System | Product and Customer Service Support | Kylee |
| Entre System | Flexitouch | |
| Nimbl systems | Entre | |
| XYZ | ||
| XYZ | ||
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | New Products/Services | In June, the company introduced its next-generation AffloVest chest wall oscillation therapy system. |
| 2026 | Acquisitions/Mergers/Takeovers | In February, the company acquired LymphaTech Inc. |
| 2025 | Corporate Changes/Expansions | In February, the company expanded the Launch of Nimbl to Include Patients with Lower Extremity Lymphedema. |
Competitor Comparison
| Key Parameters | Tactile Systems Technology Inc | Baxter International Inc | Genmab AS | Electromed Inc | Bio Compression Systems Inc |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | Denmark | United States of America | United States of America |
| City | Minneapolis | Deerfield | Valby | New Prague | Moonachie |
| State/Province | Minnesota | Illinois | - | Minnesota | New Jersey |
| No. of Employees | 1,086 | 37,500 | 2,682 | 177 | - |
| Entity Type | Public | Public | Public | Public | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| William W. Burke | Chairman | Executive Board | 2015 | 66 |
| Sheri L. Dodd | Chief Executive Officer; Director | Executive Board | 2024 | 60 |
| Elaine Birkemeyer | Chief Financial Officer | Senior Management | 2023 | 51 |
| David J. Kaercher | Chief Information Officer | Senior Management | - | - |
| Antonios P. Gasparis, MD | Chief Medical Officer | Senior Management | 2023 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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