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Baylis Medical Company

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Namestring
Baylis Medical Company
Legal namestring
Baylis Medical Company
Company typeenum
Private
Founded yearint
1986
Descriptiontext

Baylis Medical Company is a Montréal-based medical device company founded in 1986 that specializes in high-technology cardiology, endovascular, and oncology products. Its core competency is transseptal access devices and steerable sheath technology used in minimally invasive cardiac electrophysiology procedures, including atrial fibrillation ablation and structural heart interventions. The company's proprietary technology enables precise catheter navigation through transseptal puncture to access the left atrium, a critical step in advanced EP and structural heart procedures.

Baylis Medical generated revenue through direct B2B sales of specialized catheters and access devices to hospitals and electrophysiology labs performing cardiac ablation and structural heart procedures. The company operated with 501–1,000 employees and was identified as a key player in the global steerable sheath market, valued at approximately $0.94 billion in 2025 with a projected 7.34% CAGR to $1.78 billion by 2034. It also operated within the broader $6.7 billion global electrophysiology market, which was forecast to grow at approximately 12% CAGR. Pricing was handled through quote-based contracts with healthcare institutions; no public pricing was disclosed.

In 2021, Baylis Medical was acquired by Boston Scientific as part of Boston Scientific's broader strategy to expand its electrophysiology portfolio—an effort that also included the acquisition of Farapulse. Following the acquisition, Baylis Medical's transseptal access and steerable sheath technology was integrated into Boston Scientific's product offerings, gaining access to the acquirer's global medical device distribution network. As a result, Baylis Medical no longer operates as an independent entity; its products are commercialized as part of Boston Scientific's electrophysiology portfolio.

Short descriptiontext

Baylis Medical Company was a Montréal-based medical device firm specializing in transseptal access devices and steerable sheath technology for cardiac electrophysiology and structural heart procedures. Founded in 1986, it served hospitals and EP labs before being acquired by Boston Scientific in 2021.

Operating statusenum
Acquired
Ownership categoryenum
Headcount rangeband
501–1,000
akta.pro rankint
HeadquartersMontréal, Canada
HQ citystring
Montréal
HQ countrystring
Canada
HQ regionstring
North America
Markets served

Serves global market

Keyword5 values
transseptal access devices, steerable sheath catheters, electrophysiology medical devices, cardiac ablation devices, interventional cardiology equipment
Industry3 codes
1Mechanical Circulatory Support (VAD, IABP, ECMO)
CodeHLAHAFAGPrimaryYes
2Electrophysiology Mapping & Ablation Systems
CodeHLAHAFADPrimaryNo
3Structural Heart Valves (TAVR/SAVR) & Valve Repair
CodeHLAHAFABPrimaryNo
NAICS code2 codes
  • Surgical and Medical Instrument Manufacturing339112
  • Electromedical and Electrotherapeutic Apparatus Manufacturing334510
SIC code2 codes
  • Surgical & Medical Instruments & Apparatus3841
  • Electromedical & Electrotherapeutic Apparatus3845
Product category
Electrophysiology Medical Devices
Social media profiles1 record
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model1 record
1Medical Device Sales
TypeHardware Sales
Description

Sale of specialized catheters and transseptal access devices to hospitals and cardiac procedure centers. Revenue generated through direct product sales to healthcare providers performing electrophysiology and structural heart procedures.

pharmiweb.com
Marketing channels1 record

Each record includes

Title, Type, Stage, Description, Source

Distribution channels1 record

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Supply Chain, Technology or R&D, Personnel, Operations, Marketing or Sales
GTM typeB2B
B2B
Offering typeHardware or Manufacturing
Hardware or Manufacturing
Core offering1 text field

Baylis Medical Company designs, manufactures, and supplies specialized transseptal access devices and steerable sheath catheters used in cardiac electrophysiology procedures. Its products enable precise navigation within heart chambers during minimally invasive ablation treatments for atrial fibrillation and other structural heart interventions. The company's technology is sold to hospitals and electrophysiology labs through medical device distribution channels.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 value
  • Baylis Medical identified as key player in steerable sheath market expected to grow from USD 0.94B (2025) to USD 1.78B (2034) at 7.34% CAGR
Product overview1 text field

Baylis Medical Company is a medical device company operating in the electrophysiology and interventional cardiology space. The company was previously identified as a participant in the steerable sheath and deflectable catheters markets. Boston Scientific completed the acquisition of Baylis Medical in 2021 to expand its electrophysiology portfolio, specifically strengthening its transseptal access capabilities. No specific product names, product descriptions, product images, or product page URLs for Baylis Medical's current product offerings were available in the provided source data.

Product and service2 records
1Transseptal Access Devices
CategoryTransseptal Access Devices
Description

Devices designed for transseptal puncture procedures, enabling access to the left atrium for structural heart and electrophysiology interventions. Used by cardiac electrophysiologists and interventional cardiologists performing atrial fibrillation ablation and structural heart procedures.

2Steerable Sheaths
CategoryElectrophysiology Catheters
Description

Specialized steerable sheath catheters used in cardiac electrophysiology procedures for precise navigation within the heart chambers during ablation treatments. Sold to hospitals and electrophysiology labs performing minimally invasive cardiac ablation procedures.

Scale indicator2 records

Each record includes

Type, Value, Description, Source

Partnership1 partner
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2021-01-01
Description

Boston Scientific acquired Baylis Medical as part of its strategy to expand its electrophysiology portfolio. The acquisition integrated Baylis Medical's transseptal access and steerable sheath technology into Boston Scientific's product offerings, strengthening its position in the growing cardiac ablation and structural heart intervention markets.

Recent move3 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight3 records

Each record includes

Type, Description

Peers10 records
TypeBroad incumbent
Description

Baylis Medical's parent company and a global medtech leader. Boston Scientific is a direct competitor in steerable sheaths and EP, and now integrates Baylis's transseptal access technology into its broader cardiac portfolio alongside ablation and mapping systems.

TypeBroad incumbent
Description

Named alongside Baylis as a key player in the global steerable sheath market. Abbott has a broad cardiac and EP portfolio including ablation catheters, mapping, and cardiac devices, competing head-to-head with Baylis's transseptal access technology.

TypeBroad incumbent
Description

Identified as a key player in the steerable sheath market alongside Baylis. Medtronic's cardiac rhythm and EP business offers ablation, cryoablation, and mapping systems that compete with Baylis's procedural enablement tools.

TypeDirect peer
Description

The global leader in electrophysiology with a comprehensive portfolio of ablation catheters, 3D mapping (CARTO), and steerable sheaths. Directly competes with Baylis in transseptal access and steerable sheath technology used in EP ablation procedures.

TypeEmerging player
Description

Developer of robotic magnetic navigation systems for EP ablation. Competes in the same EP ablation workflow where Baylis's steerable sheaths are used, offering an alternative approach to catheter navigation that could displace or complement manual steerable sheaths.

TypeEmerging player
Description

EP-focused company developing mapping and ablation technologies for arrhythmia treatment. Overlaps with Baylis at the EP procedure workflow level, particularly in tools that interface with transseptal access and ablation catheter navigation.

TypeDirect peer
Description

Specializes in atrial fibrillation and left atrial appendage management products. Operates in the same cardiac EP and left-atrial procedure space where Baylis's transseptal access technology is used, addressing adjacent steps in the ablation workflow.

TypeDirect peer
Description

Manufacturer of vascular access and procedural devices including sheaths and guidewires. Directly comparable to Baylis in steerable sheath and vascular access product categories used across interventional cardiology and EP.

TypeDirect peer
Description

Produces interventional and vascular access devices including specialty catheters and sheaths. Competes with Baylis in steerable sheath technology and other access products used in cardiac and vascular procedures.

TypeBroad incumbent
Description

Named as a key player in the steerable sheath market alongside Baylis. Stryker operates broadly across multiple medtech verticals and competes with Baylis's transseptal access technology through its interventional and cardiac procedural portfolios.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses4 records

Each record includes

Headline, Details, Source

Competitive moat3 records

Each record includes

Type, Details

Key risks5 records

Each record includes

Headline, Details, Source

Key highlights5 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Segment2 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile1 record

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature2 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles1 record

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

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

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment1 record

Each record includes

Name, Round, Announced date, Lead investor, Website, News

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

Baylis Medical Company

Electrophysiology Medical Devicesbaylismedical.com

Baylis Medical Company was a Montréal-based medical device firm specializing in transseptal access devices and steerable sheath technology for cardiac electrophysiology and structural heart procedures. Founded in 1986, it served hospitals and EP labs before being acquired by Boston Scientific in 2021.

What Baylis Medical Company does

Baylis Medical Company is a Montréal-based medical device company founded in 1986 that specializes in high-technology cardiology, endovascular, and oncology products. Its core competency is transseptal access devices and steerable sheath technology used in minimally invasive cardiac electrophysiology procedures, including atrial fibrillation ablation and structural heart interventions. The company's proprietary technology enables precise catheter navigation through transseptal puncture to access the left atrium, a critical step in advanced EP and structural heart procedures.

Baylis Medical generated revenue through direct B2B sales of specialized catheters and access devices to hospitals and electrophysiology labs performing cardiac ablation and structural heart procedures. The company operated with 501–1,000 employees and was identified as a key player in the global steerable sheath market, valued at approximately $0.94 billion in 2025 with a projected 7.34% CAGR to $1.78 billion by 2034. It also operated within the broader $6.7 billion global electrophysiology market, which was forecast to grow at approximately 12% CAGR. Pricing was handled through quote-based contracts with healthcare institutions; no public pricing was disclosed.

In 2021, Baylis Medical was acquired by Boston Scientific as part of Boston Scientific's broader strategy to expand its electrophysiology portfolio—an effort that also included the acquisition of Farapulse. Following the acquisition, Baylis Medical's transseptal access and steerable sheath technology was integrated into Boston Scientific's product offerings, gaining access to the acquirer's global medical device distribution network. As a result, Baylis Medical no longer operates as an independent entity; its products are commercialized as part of Boston Scientific's electrophysiology portfolio.

Baylis Medical Company firmographics

Firmographics
Name
Baylis Medical Company
Legal name
Baylis Medical Company
Website
https://baylismedical.com
Company type
Private
Founded year
1986
Operating status
Acquired
Headcount range
501–1,000 employees
Short description
Baylis Medical Company was a Montréal-based medical device firm specializing in transseptal access devices and steerable sheath technology for cardiac electrophysiology and structural heart procedures. Founded in 1986, it served hospitals and EP labs before being acquired by Boston Scientific in 2021.
Ownership category
akta.pro rank

Baylis Medical Company industry classification

Industry
Product category
Electrophysiology Medical Devices
NAICS
Surgical and Medical Instrument Manufacturing (339112), Electromedical and Electrotherapeutic Apparatus Manufacturing (334510)
SIC
Surgical & Medical Instruments & Apparatus (3841), Electromedical & Electrotherapeutic Apparatus (3845)
akta.pro primary industry
Mechanical Circulatory Support (VAD, IABP, ECMO) (HLAHAFAG)
akta.pro secondary industries
Electrophysiology Mapping & Ablation Systems (HLAHAFAD), Structural Heart Valves (TAVR/SAVR) & Valve Repair (HLAHAFAB)

Keywords

  • Transseptal access devices
  • Steerable sheath catheters
  • Electrophysiology medical devices
  • Cardiac ablation devices
  • Interventional cardiology equipment

Where Baylis Medical Company is headquartered

Location

Headquarters

HQ city
Montréal
HQ country
Canada
HQ region
North America

Markets served

Baylis Medical Company business model

Business model
GTM type
B2B
Offering type
Hardware or Manufacturing
Cost components
Supply Chain, Technology or R&D, Personnel, Operations, Marketing or Sales

Revenue model

  1. Medical Device Sales: Sale of specialized catheters and transseptal access devices to hospitals and cardiac procedure centers. Revenue generated through direct product sales to healthcare providers performing electrophysiology and structural heart procedures.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Baylis Medical Company product offering

Product offering

Core offering

Baylis Medical Company designs, manufactures, and supplies specialized transseptal access devices and steerable sheath catheters used in cardiac electrophysiology procedures. Its products enable precise navigation within heart chambers during minimally invasive ablation treatments for atrial fibrillation and other structural heart interventions. The company's technology is sold to hospitals and electrophysiology labs through medical device distribution channels.

Product overview

Baylis Medical Company is a medical device company operating in the electrophysiology and interventional cardiology space. The company was previously identified as a participant in the steerable sheath and deflectable catheters markets. Boston Scientific completed the acquisition of Baylis Medical in 2021 to expand its electrophysiology portfolio, specifically strengthening its transseptal access capabilities. No specific product names, product descriptions, product images, or product page URLs for Baylis Medical's current product offerings were available in the provided source data.

Differentiator

Problem solved

Functional benefit

Products and services

  • Transseptal Access Devices Devices designed for transseptal puncture procedures, enabling access to the left atrium for structural heart and electrophysiology interventions. Used by cardiac electrophysiologists and interventional cardiologists performing atrial fibrillation ablation and structural heart procedures.
  • Steerable Sheaths Specialized steerable sheath catheters used in cardiac electrophysiology procedures for precise navigation within the heart chambers during ablation treatments. Sold to hospitals and electrophysiology labs performing minimally invasive cardiac ablation procedures.

Quantifiable outcome

  • Baylis Medical identified as key player in steerable sheath market expected to grow from USD 0.94B (2025) to USD 1.78B (2034) at 7.34% CAGR

Companies that use Baylis Medical Company

Customer profile

Segments2 records

Ideal customer profiles1 record

Baylis Medical Company technology and API

Technology

Technology focussed Yes

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature2 records

Baylis Medical Company partnerships and signals

Strategic signal

Partnerships

One partnership is on record.

  • Boston ScientificcoreStrategic or Co-development Partner · 1 January 2021Boston Scientific acquired Baylis Medical as part of its strategy to expand its electrophysiology portfolio. The acquisition integrated Baylis Medical's transseptal access and steerable sheath technology into Boston Scientific's product offerings, strengthening its position in the growing cardiac ablation and structural heart intervention markets.

Scale indicators2 records

Recent moves3 records

Expansion highlights3 records

Baylis Medical Company competitors and assessment

Company assessment

Broad incumbents

  • Boston Scientific: Baylis Medical's parent company and a global medtech leader. Boston Scientific is a direct competitor in steerable sheaths and EP, and now integrates Baylis's transseptal access technology into its broader cardiac portfolio alongside ablation and mapping systems.
  • Abbott: Named alongside Baylis as a key player in the global steerable sheath market. Abbott has a broad cardiac and EP portfolio including ablation catheters, mapping, and cardiac devices, competing head-to-head with Baylis's transseptal access technology.
  • Medtronic: Identified as a key player in the steerable sheath market alongside Baylis. Medtronic's cardiac rhythm and EP business offers ablation, cryoablation, and mapping systems that compete with Baylis's procedural enablement tools.
  • Stryker: Named as a key player in the steerable sheath market alongside Baylis. Stryker operates broadly across multiple medtech verticals and competes with Baylis's transseptal access technology through its interventional and cardiac procedural portfolios.

Direct peers

  • Biosense Webster (Johnson & Johnson MedTech): The global leader in electrophysiology with a comprehensive portfolio of ablation catheters, 3D mapping (CARTO), and steerable sheaths. Directly competes with Baylis in transseptal access and steerable sheath technology used in EP ablation procedures.
  • AtriCure: Specializes in atrial fibrillation and left atrial appendage management products. Operates in the same cardiac EP and left-atrial procedure space where Baylis's transseptal access technology is used, addressing adjacent steps in the ablation workflow.
  • Merit Medical Systems: Manufacturer of vascular access and procedural devices including sheaths and guidewires. Directly comparable to Baylis in steerable sheath and vascular access product categories used across interventional cardiology and EP.
  • Teleflex: Produces interventional and vascular access devices including specialty catheters and sheaths. Competes with Baylis in steerable sheath technology and other access products used in cardiac and vascular procedures.

Emerging players

  • Stereotaxis: Developer of robotic magnetic navigation systems for EP ablation. Competes in the same EP ablation workflow where Baylis's steerable sheaths are used, offering an alternative approach to catheter navigation that could displace or complement manual steerable sheaths.
  • Acutus Medical: EP-focused company developing mapping and ablation technologies for arrhythmia treatment. Overlaps with Baylis at the EP procedure workflow level, particularly in tools that interface with transseptal access and ablation catheter navigation.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights5 records

Customer concentration

Baylis Medical Company social profiles

Digital presence

Baylis Medical Company financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Baylis Medical Company leadership team

Management profile

Number of profiles

Profiles1 record

Baylis Medical Company funding detail

Funding detail

Funding overview

Funding rounds

Investors

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

Baylis Medical Company M&A and investment

M&A and investment

M&A

Investments1 record

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

Frequently asked questions about Baylis Medical Company

What does Baylis Medical Company do?

Baylis Medical Company designs, manufactures, and supplies specialized transseptal access devices and steerable sheath catheters used in cardiac electrophysiology procedures. Its products enable precise navigation within heart chambers during minimally invasive ablation treatments for atrial fibrillation and other structural heart interventions. The company's technology is sold to hospitals and electrophysiology labs through medical device distribution channels.

Is Baylis Medical Company a public or private company?

Baylis Medical Company is a private company. It is classified as corporate owned and is currently acquired.

When was Baylis Medical Company founded?

Baylis Medical Company was founded in 1986. It employs 501 to 1,000 people.

Where is Baylis Medical Company based?

Baylis Medical Company is headquartered in Montréal, Canada, in the North America region.

How does Baylis Medical Company make money?

One revenue line is on record: medical Device Sales.

Who are Baylis Medical Company's main competitors?

Broad incumbents on record are Boston Scientific, Abbott, Medtronic and Stryker. Direct peers are Biosense Webster (Johnson & Johnson MedTech), AtriCure, Merit Medical Systems and Teleflex. Emerging players are Stereotaxis and Acutus Medical.

Does Baylis Medical Company have an API?

No public API is recorded for Baylis Medical Company.

What industry is Baylis Medical Company in?

Baylis Medical Company's product category is Electrophysiology Medical Devices. Its primary akta.pro industry code is HLAHAFAG, Mechanical Circulatory Support (VAD, IABP, ECMO), with a secondary code of HLAHAFAD, Electrophysiology Mapping & Ablation Systems. Its NAICS code is 339112 and its SIC code is 3841.

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Live signals
MedTech IntelligenceValue, Focus, and the Future of MedTech: M&A and Divestitures are Rewriting the Strategic Playbook.This industry analysis article argues that Market Access has become the central strategic driver of M&A and divestiture decisions in the MedTech sector, shifting from a post-launch consideration to the primary input guiding portfolio decisions and long-term value creation. The article cites multiple case studies—including GE Healthcare's 2023 spin-off, Philips' acquisition of Volcano, Siemens Healthineers' 2018 spin-off, and Boston Scientific's acquisitions of Baylis and Silk Road Medical—to demonstrate how reimbursement durability, evidence strength, and access maturity now determine enterprise valuation and acquisition success. The analysis concludes that MedTech companies treating Market Access as a core architect of enterprise value rather than a support function will lead their sectors, while those divesting assets are increasingly recognizing that different ownership can unlock greater value.PharmiWeb.comElectrophysiology Market Size, Competitor Ranking Analysis, Market Trend Forecast Report 2025-2030The global electrophysiology market, valued at $6.7 billion in 2021, is projected to grow at 12% over the next five years, driven by rising cardiac ablation procedure volumes, an aging population, increasing EP lab infrastructure, and technological advancements. Major medtech companies including Medtronic, Abbott, Boston Scientific, and Siemens Healthineers are actively expanding their EP portfolios through product approvals, launches, and acquisitions such as Boston Scientific's purchases of Baylis Medical and Farapulse. While market growth is driven by innovation and rising arrhythmia prevalence, challenges remain from high EP procedure costs, reimbursement limitations, and the increasing adoption of reprocessed devices that threaten manufacturers' revenue.PR NewswireBOSTON SCIENTIFIC ANNOUNCES RESULTS FOR FIRST QUARTER 2022Boston Scientific Corporation reported first quarter 2022 net sales of $3.026 billion, representing 10.0% growth year-over-year on a reported basis, exceeding the company's guidance range of 5-8 percent. While adjusted EPS of $0.39 met expectations, GAAP net income dropped to $97 million ($0.07 per share) from $327 million ($0.23 per share) a year ago, primarily due to $194 million in debt extinguishment charges related to a €3 billion senior notes refinancing. The company also completed the acquisition of Baylis Medical Company Inc. in mid-February and received multiple regulatory approvals for products including the WATCHMAN FLX device in China, EMBOLD Fibered Coil in the U.S., and Rezum Water Vapor Therapy in Canada.PR NewswireBoston Scientific Closes Acquisition of Baylis Medical Company Inc.Boston Scientific Corporation has completed the acquisition of Baylis Medical Company Inc. for an upfront payment of $1.75 billion. This transaction allows Boston Scientific to integrate Baylis's transseptal access solutions with its existing electrophysiology and structural heart offerings to strengthen its position in cardiology markets.BioSpaceBoston Scientific Closes Acquisition of Baylis Medical Company Inc.Boston Scientific Corporation has completed the acquisition of Baylis Medical Company Inc. for an upfront payment of $1.75 billion, integrating Baylis's transseptal access and catheter-based solutions into its cardiology portfolio. The transaction is expected to be approximately one cent accretive to adjusted earnings per share in 2022, strengthening Boston Scientific's position in high-growth electrophysiology and structural heart markets.PR NewswireBoston Scientific Announces Agreement to Acquire Baylis Medical Company Inc.Boston Scientific Corporation has entered into a definitive agreement to acquire Baylis Medical Company Inc. for an upfront payment of $1.75 billion, subject to closing adjustments. The transaction is designed to expand Boston Scientific's electrophysiology and structural heart product portfolios by incorporating Baylis's radiofrequency transseptal platforms and related access devices. The deal is anticipated to close in the first quarter of 2022 and is expected to be accretive to adjusted earnings per share.MassDeviceBoston Scientific agrees to acquire Baylis Medical for $1.75BBoston Scientific has agreed to acquire Baylis Medical for an upfront payment of $1.75 billion to expand its electrophysiology and structural heart product portfolios. The transaction is expected to close in the first quarter of 2022, with Boston Scientific projecting the acquisition to be accretive to adjusted earnings per share.PR NewswireRise in Atrial Fibrillation Cases Demands for Transseptal Access Systems for Reducing Risk and Increase Survival ratesPersistence Market Research released an industry analysis projecting the global transseptal access systems market to grow from US$ 771 million in 2020 at a CAGR of 9.4% through 2031, driven by rising obesity, an aging population with higher cardiac disease risk, and technological advancements in the field. The report identifies North America as the dominant regional market with approximately 33% value share, followed by Europe at 25%, with hospitals accounting for 49% of end-user market share. Key market activities cited include Baylis Medical launching the ExpanSure transseptal access system in January 2019 and Transseptal Solutions receiving U.S. FDA approval for its TSP Crosser system in 2018.PR NewswireCINDE announces: Baylis Medical Opens MedTech Facility in Costa RicaBaylis Medical, a Canadian medical device company specializing in cardiology, announced the opening of a new manufacturing facility in La Lima Free Zone in Cartago, Costa Rica. The 2,800 square meter plant will produce cardiovascular devices for global markets and plans to employ nearly 200 workers once at full capacity. The investment positions Costa Rica's established medical device manufacturing cluster, which as of 2020 comprised 81 companies generating over 38,000 jobs, to further expand its role in the high-value medical technology sector.PR NewswireMentice receives order of total SEK 5.9 million from Baylis Medical CompanyMentice AB has entered into an agreement with Baylis Medical Company to provide simulation solutions worth SEK 5.9 million. The order, based on Mentice's VIST G5 platform, will support Baylis' product portfolio for transseptal puncture procedures and will be delivered in the second and third quarter of 2021. The simulation systems are designed to support Baylis' commercialization efforts to safely and effectively launch new medical devices through clinical education.