Argon Medical Devices
Argon Medical Devices is a global specialty manufacturer of interventional medical devices serving interventional radiologists, vascular surgeons, cardiologists, and oncologists across 114+ countries with thrombectomy, biopsy, drainage, vascular access, IVC filter, and microcatheter products.
- Company typePrivate
- Founded1972
- HeadquartersPlano, United States
- Headcount1,001–5,000
- GTM typeB2B
- OfferingHardware or Manufacturing
What Argon Medical Devices does
Argon Medical Devices is a global specialty medical device manufacturer founded in 1972 and headquartered in Plano, Texas, that designs, manufactures, and commercializes interventional devices for interventional radiologists, vascular surgeons, interventional cardiologists, and oncology specialists. The product portfolio spans thrombectomy systems (CLEANER Vac, CLEANER Rotational), biopsy instruments (BioPince Ultra, SuperCore Advantage, Tru-Core II), drainage catheters (SKATER), vascular access products (Kodiak Dual Port Introducer, Intara Introducer Sheath, Traveler and Scorpion Portal Vein Access), retrievable IVC filters (Option ELITE), snares (Halo, Single/Triple-Loop), liver biopsy systems (TLAB with Flexcore and Tru-Track Trocar Tip technologies), and microcatheters (SeQure reflux control, DraKon) acquired from Guerbet SA in January 2025. Differentiated features include Flexcore needle technology, the only reflux control microcatheter on the market (SeQure), and the manual powered aspiration architecture of CLEANER Vac, which is backed by 110-patient clinical case data showing 85% mean clot clearance and zero device-related complications.
The company operates a B2B business model selling proprietary disposable medical devices directly to 5,000+ healthcare customers through an internal sales organization and a global distributor network spanning 114+ countries across the Americas, EMEA, APAC, and LATAM. Argon also generates revenue through its Custom Product Solutions (CPS) business, providing contract manufacturing and product co-development services to other medical device firms. Pricing is not publicly disclosed and is set through direct sales quotes and distributor agreements based on volume, procedure type, and customer relationship. The company owns four manufacturing facilities (Plano and Athens, Texas; Wheeling, Illinois; Rochester, New York; plus Portage, Wisconsin via the December 2021 Matrex Mold and Tool acquisition), operates regional offices in Munich, Copenhagen, Stockholm, Hong Kong, and Shanghai, and has recently opened new hubs including a 20,000+ sq ft Distribution & Education Centre in Derby, UK (July 2025) and an Asia-Pacific Operations Facility in Singapore (April 2026).
Under Roundtable Healthcare Partners ownership since 2009, Argon has executed a sustained roll-up acquisition strategy spanning Becton Dickinson's critical care/PICC business (2010), AngioTech Interventional (2013), US Biopsy (2014), Rex Medical thrombectomy and filter assets (2015), Matrex Mold and Tool (2021), and SeQure/DraKon microcatheters (2025). Clinical evidence generation is a core commercial lever, anchored by the American Venous Forum partnership on the CLEAR-VIEW XT prospective 185-patient DVT study, the CLEAN-PE pulmonary embolism study, and ongoing publication of clinical data such as the 110-patient CLEANER Vac case series. Leadership includes President & CEO George Leondis (since 2009), SVP & CFO Vicky Shen (joined 2024 from Edwards Lifesciences), SVP R&D Meir Dahan, and regional GMs covering EMEA/APAC and China.
Argon Medical Devices firmographics
Firmographics- Name
- Argon Medical Devices
- Legal name
- Argon Medical Devices, Inc.
- Website
- https://argonmedical.com
- Company type
- Private
- Founded year
- 1972
- Operating status
- Operating
- Headcount range
- 1,001–5,000 employees
- Short description
- Argon Medical Devices is a global specialty manufacturer of interventional medical devices serving interventional radiologists, vascular surgeons, cardiologists, and oncologists across 114+ countries with thrombectomy, biopsy, drainage, vascular access, IVC filter, and microcatheter products.
- Ownership category
- akta.pro rank
Argon Medical Devices industry classification
Industry- Product category
- Interventional Medical Devices
- NAICS
- Surgical and Medical Instrument Manufacturing (339112), Surgical Appliance and Supplies Manufacturing (339113), Medical Equipment and Supplies Manufacturing (3391)
- SIC
- Surgical & Medical Instruments & Apparatus (3841)
- akta.pro primary industry
- Thrombectomy, Embolic Protection & Stroke Intervention Devices (HLAHAFAJ)
- akta.pro secondary industries
- Endoscopic Therapeutic & Access Devices (Trocars, dilators, biopsy/ablation tools) (HLAHADAN), Endoscopy Systems & Accessories (Scopes, Cameras, Light Sources, Insufflation) (HLAHADAB), Vascular Access Devices (AV Grafts, Catheters, Fistula Accessories) (HLAHAKAE)
Keywords
Where Argon Medical Devices is headquartered
LocationHeadquarters
- HQ city
- Plano
- HQ country
- United States
- HQ region
- North America
Offices12 records
Markets served
Argon Medical Devices business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Operations, Personnel, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Medical Device Product Sales: Argon Medical Devices generates revenue through the sale of specialty medical devices for interventional radiology, vascular surgery, interventional cardiology, and oncology procedures. Products include thrombectomy systems, biopsy instruments, drainage catheters, vena cava filters, introducer sheaths, and portal vein access devices. The company sells directly through its internal sales organization and through distributor networks globally.
- Contract Manufacturing Services: The company serves as a contracted manufacturing partner for other medical device firms, providing manufacturing capabilities and capacity.
- Custom Product Solutions (CPS): Argon offers custom product solutions through collaboration with customers to accelerate product development and bring new medical devices to market.
Go-to-market motion3 records
Distribution channels4 records
Marketing channels7 records
Argon Medical Devices product offering
Product offeringCore offering
Argon Medical Devices manufactures specialty medical devices used in interventional radiology, vascular surgery, interventional cardiology, and interventional oncology procedures. The product portfolio spans thrombectomy systems, full-core and semi-automatic biopsy instruments, percutaneous drainage catheters, retrievable vena cava filters, introducer sheaths, portal vein access sets, and microcatheters for embolic delivery.
Product overview
Argon Medical Devices is a medical device manufacturer specializing in interventional radiology, vascular surgery, interventional cardiology, and oncology procedures. The company offers a diversified portfolio of specialty medical devices organized into key product categories: thrombectomy systems (CLEANER Vac, CLEANER Rotational), biopsy instruments (BioPince Ultra, SuperCore Advantage, Tru-Core II), drainage catheters (SKATER), vascular access products (Kodiak, Intara, Traveler, Scorpion), IVC filters (Option ELITE), snares (Halo, Single/ Triple-Loop), microcatheters (SeQure, DraKon), and liver biopsy systems (TLAB). The company also provides Custom Product Solutions (CPS) for specialized manufacturing needs and operates as a contracted manufacturing partner for other medical device firms. Products are sold directly to over 5,000 customers and through a global distributor network spanning 114+ countries.
Differentiator
Problem solved
Functional benefit
Brands
- Option ELITE: Retrievable Vena Cava Filter
- CLEANER
- CLEANER Vac
- BioPince Ultra
- SKATER
- Scorpion
- Traveler
- TLAB
- Kodiak
- Intara
- SeQure
- DraKon
Products and services
- CLEANER Vac Thrombectomy System Disposable large-bore aspiration thrombectomy system designed to quickly and effectively remove blood clots from the peripheral venous vasculature through manually controlled powered aspiration. Used by interventional radiologists, vascular surgeons, and interventional cardiologists for thrombus removal.
- CLEANER Rotational Thrombectomy System Rotational thrombectomy system for mechanically removing blood clots from vessels using a rotating mechanism. Used in interventional radiology and vascular surgery procedures.
- Option ELITE Retrievable Vena Cava Filter Retrievable inferior vena cava (IVC) filter designed to prevent pulmonary embolism by trapping blood clots before they reach the lungs. Used by vascular surgeons and interventional radiologists.
- BioPince Ultra Full Core Biopsy Instrument Full-core biopsy instrument designed to collect consistent, high-quality tissue samples for diagnostic procedures. Provides larger intact core samples compared to conventional core biopsy needles for improved diagnostic accuracy.
- SKATER Drainage Catheters All-purpose, nephrostomy, and mini-loop percutaneous drainage catheters used for fluid drainage applications in interventional radiology procedures.
- Scorpion Portal Vein Access Series TIPS (transjugular intrahepatic portosystemic shunt) access systems providing physicians reliable control of needle tip direction and angle for portal vein access procedures.
- TRAVELER Portal Vein Access Series Portal vein access sets (TRAVELER 16, 21, and 38) for TIPS procedures featuring improved component visualization and durability enhancements for complex liver procedures.
- Kodiak Dual Port Coaxial Introducer Kit Versatile introducer kit with Y-shaped adapter enabling simultaneous introduction of multiple components through a single access site for complex vascular procedures. Includes twist-lock connections and hemostasis valves.
- Intara Introducer Sheath 10-French kink-resistant introducer sheath with enhanced visibility for introducing, navigating, and delivering therapeutic or diagnostic devices into the vasculature.
- TLAB Transvenous Liver Biopsy System Transjugular and transfemoral liver biopsy system with Flexcore technology for navigating and collecting tissue samples at typical or acute angles during liver procedures. Includes Tru-Track Trocar Tip design and Safety Funnel feature.
- SeQure Reflux Control Microcatheter Reflux control microcatheter designed to create a fluid barrier that directs the flow of therapeutic agents and devices toward the intended target during interventional oncology procedures.
- DraKon Microcatheter Microcatheter known for trackability through tortuous vessels, hydrophilic coating performance, and efficient delivery of contrast and embolic agents in interventional oncology procedures.
- Single-Loop and Triple-Loop Retrieval Kit Snare-based retrieval kits used for removing foreign objects from the vasculature during interventional procedures.
- SuperCore Advantage Semi-Automatic Biopsy Instrument Semi-automatic biopsy instrument for soft tissue sampling procedures across multiple anatomical locations.
- Halo Single-Loop Snare Kit Single-loop snare system used for foreign body retrieval and vascular procedures.
- Pro-Mag Ultra Automatic Biopsy Instrument Automatic biopsy instrument for consistent tissue acquisition across a range of clinical sampling procedures.
- Tru-Core II Automatic Biopsy Instrument Automatic biopsy instrument engineered for consistent tissue acquisition during diagnostic procedures.
- Jawz Endomyocardial Biopsy Forceps Biopsy forceps designed for endomyocardial tissue sampling in cardiac procedures.
- V-Pad Hemostasis Pads Hemostasis pads used to achieve manual compression at vascular access sites following interventional procedures.
- V-Stick Vascular Access Sets Vascular access sets used for establishing percutaneous access during interventional procedures.
- WORKER Amplatz Guidewires Amplatz-type guidewires for procedural access and device delivery in interventional procedures.
- Custom Product Solutions (CPS) Collaborative development service offering medical device firms access to Argon's manufacturing capabilities, engineering, and product development resources to accelerate bringing new medical devices to market. Argon also serves as a contracted manufacturing partner for other medical device firms.
Companies that use Argon Medical Devices
Customer profileNamed customers9 records
Segments5 records
Ideal customer profiles4 records
Argon Medical Devices technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature8 records
Argon Medical Devices partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered core.
- American Venous Forum (AVF)corePartnership on the CLEAR-VIEW XT prospective, multi-center clinical study evaluating the Cleaner Vac Thrombectomy System for treatment of Lower Extremity Proximal Deep Vein Thrombosis (DVT). The study expects to enroll 185 adults and is designed to evaluate safety, procedural performance, and clinical outcomes.
- Guerbet SAcoreArgon acquired certain assets of Accurate Medical Therapeutics, Ltd., manufacturer of SeQure and DraKon microcatheters, from Guerbet SA. This acquisition extends Argon's oncology offering from diagnostic into therapeutic devices.
- Accurate Medical Therapeutics, Ltd.coreAcquisition of SeQure and DraKon microcatheters assets. SeQure is the only reflux control microcatheter designed to create a fluid barrier directing therapeutic agents toward intended targets. DraKon known for trackability through tortuous vessels.
- Montefiore Medical CentercorePatents licensed from Montefiore for the TLAB Transvenous Liver Biopsy System. Dr. Jacob Cynamon is a primary inventor. The TLAB system includes FDA-clearance for transfemoral approach based on 500-patient retrospective review by Montefiore researchers.
- Hatch Medical, L.L.C.coreExclusive global license agreement to market and distribute the Scorpion TIPS Access Systems. The Scorpion technology is positioned as a leader in the TIPS disease segment and provides physicians ability to reliably control direction and angle of the needle tip.
Scale indicators8 records
Recent moves8 records
Expansion highlights8 records
Argon Medical Devices competitors and assessment
Company assessmentBroad incumbents
- Boston Scientific: Boston Scientific operates a large interventional cardiology and peripheral vascular portfolio (including the BTG acquisition), competing with Argon in thrombectomy, oncology, and vascular access while having substantially greater R&D and sales resources.
- Becton Dickinson (BD): BD is a large incumbent whose interventional and vascular access products overlap with Argon's portfolio; BD was Argon's prior owner of the critical care and PICC businesses acquired in 2010, and remains a benchmark for portfolio breadth and global scale.
- Teleflex: Teleflex is a diversified medical device manufacturer whose vascular access, interventional, and specialty product portfolios overlap with Argon's introducer sheath, biopsy, and procedural catheter categories.
Others
- Guerbet: Guerbet was the prior owner of the SeQure and DraKon microcatheter assets that Argon acquired in 2025; Guerbet's interventional oncology and contrast media franchise makes it an adjacent comparable for Argon's therapeutic oncology expansion.
- Cardinal Health: Cardinal Health is a major medical product distributor and healthcare services company that overlaps with Argon's distribution model for interventional devices through hospital channels and serves as a benchmark for medical device commercialization at scale.
Direct peers
- AngioDynamics: AngioDynamics manufactures a portfolio of interventional medical devices including thrombus management, ablation, and vascular access products — closely overlapping Argon's CLEANER, BioPince, and SKATER product lines and customer base.
- Penumbra, Inc. Penumbra is a leading developer of thrombectomy and embolization devices, including the Indigo and Lightning systems that directly compete with Argon's CLEANER Vac and CLEANER Rotational Thrombectomy Systems in peripheral venous and pulmonary embolism procedures.
- Merit Medical Systems: Merit Medical offers a broad portfolio of interventional devices including drainage catheters, biopsy instruments, and vascular access products that compete with Argon's SKATER, BioPince, Intara, and Kodiak lines.
- Cook Medical: Cook Medical is a long-established interventional radiology and vascular device manufacturer offering biopsy needles, drainage catheters, IVC filters, and introducer sheaths that overlap with much of Argon's procedural portfolio.
- Inari Medical (Stryker): Inari Medical, acquired by Stryker in 2023, pioneered FlowTriever and ClotTriever mechanical thrombectomy devices for venous thromboembolism, directly competing with Argon's CLEANER franchise among interventional radiologists and vascular surgeons.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
Argon Medical Devices social profiles
Digital presenceArgon Medical Devices compliance and trust
Trust signalCompliance1 record
Argon Medical Devices financial estimates
Financial estimateRevenue estimate
Valuation estimate
Argon Medical Devices leadership team
Management profileNumber of profiles
Profiles8 records
Argon Medical Devices subsidiaries and ownership
Company hierarchySubsidiaries5 records
Argon Medical Devices funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Argon Medical Devices M&A and investment
M&A and investmentM&A3 records
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Argon Medical Devices
What does Argon Medical Devices do?
Argon Medical Devices manufactures specialty medical devices used in interventional radiology, vascular surgery, interventional cardiology, and interventional oncology procedures. The product portfolio spans thrombectomy systems, full-core and semi-automatic biopsy instruments, percutaneous drainage catheters, retrievable vena cava filters, introducer sheaths, portal vein access sets, and microcatheters for embolic delivery.
Is Argon Medical Devices a public or private company?
Argon Medical Devices is a private company. It is classified as private equity controlled and is currently operating.
When was Argon Medical Devices founded?
Argon Medical Devices was founded in 1972. It employs 1,001 to 5,000 people.
Where is Argon Medical Devices based?
Argon Medical Devices is headquartered in Plano, United States, in the North America region.
How does Argon Medical Devices make money?
Three revenue lines are on record. Medical Device Product Sales are the primary driver. The others are contract Manufacturing Services and custom Product Solutions (CPS).
Who are Argon Medical Devices's main competitors?
Broad incumbents on record are Boston Scientific, Becton Dickinson (BD) and Teleflex. Others are Guerbet and Cardinal Health. Direct peers are AngioDynamics, Penumbra, Inc., Merit Medical Systems, Cook Medical and Inari Medical (Stryker).
Does Argon Medical Devices have an API?
No public API is recorded for Argon Medical Devices.
What industry is Argon Medical Devices in?
Argon Medical Devices's product category is Interventional Medical Devices. Its primary akta.pro industry code is HLAHAFAJ, Thrombectomy, Embolic Protection & Stroke Intervention Devices, with a secondary code of HLAHADAN, Endoscopic Therapeutic & Access Devices (Trocars, dilators, biopsy/ablation tools). Its NAICS code is 339112 and its SIC code is 3841.