Avanos Medical

What Avanos Medical does

Avanos Medical is a medical technology company headquartered in Alpharetta, Georgia, founded in 2014 and publicly traded on NYSE under ticker AVNS. The company operates two reportable segments: Specialty Nutrition Systems, which provides enteral feeding solutions including the MIC-KEY brand of feeding tubes, placement and retention devices, neonatal feeding pumps (ABC pump), syringes, oral care and colostrum kits, and accessories spanning hospital, NICU/PICU, and home health settings; and Pain Management & Recovery, which delivers radiofrequency ablation technologies (Cooled RFA/COOLIEF, Tined RFA, Conventional RFA) for interventional pain management, elastomeric and electronic surgical pain pumps, and cryo compression therapy under the Game Ready brand. The product catalog is reinforced by wholly-owned subsidiaries Diros Technology (RF products, acquired 2023), OrthogenRx (viscosupplementation, acquired 2022 for $160 million), and Nexus Medical (neonatal/pediatric, acquired 2025). Sub-brands also include COOLIEF for cooled RF ablation probes.

Name

Avanos Medical

Legal name

Avanos Medical, Inc.

Website

https://avanosmedicaldevices.com

Company type

Public

Founded year

2014

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Avanos Medical is a medical technology company that designs, manufactures, and sells enteral feeding systems, neonatal nutrition devices, radiofrequency ablation pain management solutions, and surgical pain pumps to hospitals, NICUs, pain specialists, and home health agencies across global markets.

Ownership category

akta.pro rank

Product category

Medical Devices

NAICS

Surgical Appliance and Supplies Manufacturing (339113), Electromedical and Electrotherapeutic Apparatus Manufacturing (334510), Medical Equipment and Supplies Manufacturing (3391)

SIC

Surgical & Medical Instruments & Apparatus (3841), Electromedical & Electrotherapeutic Apparatus (3845), Wholesale-Medical, Dental & Hospital Equipment & Supplies (5047)

akta.pro primary industry

Catheter, Tracheostomy & Enteral Feeding (Tube Feeding) Home Care (HSABACAG)

akta.pro secondary industry

Wound Care, Ostomy & Enteral Nutrition Supplies (HSABAKAI)

Keywords

• Enteral feeding devices
• Pain management devices
• Radiofrequency ablation systems
• Neonatal care equipment
• Medical device manufacturing

Headquarters

HQ city

Alpharetta

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Marketing or Sales, Technology or R&D, Others

Revenue model

1. Medical Device Product Sales: Sale of medical devices including enteral feeding systems, pain management products (radiofrequency ablation devices, pain pumps), and neonatal care equipment. Revenue is generated through direct sales to healthcare providers and systems. Full year 2025 net sales of $701 million.
2. Specialty Nutrition Systems: Revenue from enteral feeding products and systems including feeding tubes, pumps, syringes, and accessories. Segment generated $124 million in Q1 2026 with 22.7% revenue growth.
3. Pain Management & Recovery: Revenue from pain management devices including radiofrequency ablation products, surgical pain pumps, and cryo compression therapy systems. Segment showed flat results in Q1 2026.

Go-to-market motion2 records

Distribution channels2 records

Marketing channels5 records

Core offering

Avanos Medical manufactures and sells medical devices across two primary segments. The Specialty Nutrition Systems segment supplies enteral feeding tubes, feeding pumps, retention systems, syringes, and neonatal/pediatric feeding devices under the MIC-KEY brand for hospital, neonatal ICU, and home health use. The Pain Management & Recovery segment delivers cooled, tined, and conventional radiofrequency ablation systems, elastomeric and electronic surgical pain pumps, and Game Ready cryo compression therapy for interventional pain physicians, surgeons, and orthopedic recovery.

Product overview

Avanos Medical operates as a diversified medical technology company organized around two primary business segments: Specialty Nutrition Systems and Pain Management & Recovery. The Specialty Nutrition Systems segment (under the MIC-KEY brand) provides enteral feeding solutions including feeding tubes, pumps, retention systems, and neonatal care products serving hospital, home health, and clinic settings. The Pain Management & Recovery segment offers radiofrequency ablation technologies (Cooled RFA, Tined RFA, Conventional RFA) for interventional pain management, surgical pain management via elastomeric and electronic pain pumps, and Game Ready cryo compression therapy for orthopedic recovery. The company serves healthcare professionals across acute care, chronic pain management, neonatal/pediatric care, and post-surgical rehabilitation.

Differentiator

Problem solved

Functional benefit

Brands

• Specialty Nutrition Systems: Brand portfolio integrating products and services for enteral feeding support from hospital to home
• Pain Management & Recovery
• MIC-KEY
• Game Ready
• COOLIEF

Products and services

• COOLIEF Cooled Radiofrequency Ablation (RFA)

Quantifiable outcome

• Q1 2026 net sales of $182.2 million, 8.8% year-over-year increase
• +3 more outcomes

Segments6 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature7 records

Partnerships

One partnership is on record.

• Siemens HealthineerscoreStrategic or Co-development Partner · 1 January 2026Strategic co-marketing agreement integrating Avanos' radiofrequency ablation technologies with Siemens Healthineers' imaging systems for outpatient and interventional pain care. This partnership enables combined solutions for pain management procedures combining imaging and ablation technology.

Scale indicators7 records

Recent moves7 records

Expansion highlights4 records

Broad incumbents

• Stryker Corporation: Stryker operates in surgical pain management, orthopedic recovery, and post-surgical cold compression (competing with the former Game Ready franchise); it shares Avanos' orthopedic surgeon and ASC customer base.
• Abbott Laboratories: Abbott is a broad medtech incumbent with enteral feeding pumps and nutrition delivery products that compete with Avanos' Specialty Nutrition Systems, and it serves the same hospital and home health channels.
• Becton, Dickinson and Company (BD): BD is a broad medical device incumbent selling feeding tubes, infusion products, and surgical accessories into hospitals; it overlaps with Avanos in enteral devices, infusion/pain pumps, and neonatal care.
• Medtronic plc: Medtronic is a large incumbent operating in interventional pain (e.g., targeted drug delivery, neurostimulation) and in hospital medical devices, with overlapping customers and procedure categories to Avanos' Pain Management & Recovery.
• Cardinal Health, Inc. Cardinal Health is a major medical product distributor and manufacturer of clinical and surgical products, including enteral devices, providing competitive pressure on Avanos' hospital channel and product portfolio.

Direct peers

• CONMED Corporation: CONMED directly competes with Avanos in interventional pain and radiofrequency ablation, and also sells surgical/general surgery devices into hospital systems — closely aligned portfolio and channel.
• ICU Medical, Inc. ICU Medical competes with Avanos in infusion and electronic pain pump systems, and also supplies hospital medical devices and enteral/IV consumables to similar clinical customers.
• Halyard Health (Owens & Minor): Halyard Health (now part of Owens & Minor) supplies enteral feeding tubes, neonatal products, and surgical accessories to hospitals — a direct product overlap with Avanos' Specialty Nutrition Systems and NICU offerings.
• Boston Scientific Corporation: Boston Scientific is a direct competitor in interventional pain management (including RF ablation and spinal cord stimulation), serving the same pain physicians and anesthesiologists as Avanos' RFA franchise.

Emerging players

• Nevro Corp. Nevro is an emerging player in interventional chronic pain management (spinal cord stimulation) and competes with Avanos for the same pain specialist and payer budgets, even though the modality differs from RFA.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/AvanosMedical
• Facebookfacebook.com/AvanosMedical
• LinkedInlinkedin.com/company/avanos-medical
• Instagraminstagram.com/avanosmedical

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Subsidiaries3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A5 records

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Avanos Medical