Wavemark
Wavemark, a Cardinal Health brand, provides RFID-based supply chain management software and analytics to hospitals, ambulatory surgery centers, and clinical labs for tracking medical supplies, surgical instruments, and consumables in real time.
- Company typePrivate
- Founded2003
- HeadquartersLittleton, United States
- Headcount51–100
- GTM typeB2B
- OfferingSoftware
What Wavemark does
Wavemark, founded in 2003 and now operating as a product brand under Cardinal Health (NYSE: CAH), provides RFID and barcode-based supply chain management technology for healthcare facilities. Its flagship offering, WaveMark™ Solutions, is a modular platform with specialized modules for four clinical environments: the Operating Room Solution, Clinical Lab Solution, Medical Consumables/Nursing Unit Solution, and Procedural Lab Solution, each delivering real-time visibility, automated replenishment, and inventory tracking for medical supplies, implants, and instruments. The platform is augmented by the Advanced Analytics Portfolio, the Procedure Card Optimizer tool, and Clinical Supply Chain Consulting services, which together convert raw RFID tracking data into utilization insights and procedural optimization recommendations.
The company serves hospitals and health systems, ambulatory surgery centers, and clinical laboratories — segments where inventory waste, manual tracking, and stockout risk are persistent pain points. Wavemark generates revenue on a subscription/recurring enterprise basis, though pricing is not publicly disclosed, and is sold exclusively through Cardinal Health's established healthcare distribution network via enterprise field sales. This distribution channel is the company's primary commercial mechanism and provides access to thousands of healthcare facilities across the Americas, EMEA, and APAC that a standalone vendor could not feasibly reach.
Wavemark's strategic position is defined by its integration within Cardinal Health's broader healthcare services and distribution portfolio, which bundles RFID supply chain visibility with pharmaceutical and medical product distribution. The platform operates within the RFID Smart Cabinets market (projected to grow from $935.53M in 2023 to $2,081.23M in 2033 at a 10.2% CAGR) and the broader Surgical Instruments Tracking Systems Market ($347.05B by 2030 at a 9.2% CAGR), giving it exposure to structurally expanding healthcare supply chain digitization trends.
Wavemark firmographics
Firmographics- Name
- Wavemark
- Legal name
- Wavemark (Brand of Cardinal Health)
- Website
- https://wavemark.com
- Company type
- Private
- Founded year
- 2003
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Wavemark, a Cardinal Health brand, provides RFID-based supply chain management software and analytics to hospitals, ambulatory surgery centers, and clinical labs for tracking medical supplies, surgical instruments, and consumables in real time.
- Ownership category
- akta.pro rank
Wavemark industry classification
Industry- Product category
- Healthcare Supply Chain Management
- NAICS
- Navigational, Measuring, Electromedical, and Control Instruments Manufacturing (3345)
- SIC
- Surgical & Medical Instruments & Apparatus (3841), Measuring & Controlling Devices, Nec (3829)
- akta.pro primary industry
- Remote Patient Monitoring (RPM) Platforms & Device Hubs (Connectivity/Gateways) (HLAHACAH)
Keywords
Where Wavemark is headquartered
LocationHeadquarters
- HQ city
- Littleton
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Wavemark business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Marketing or Sales, Operations, Infrastructure
Revenue model
- Healthcare Supply Chain Solutions: WaveMark generates revenue as part of Cardinal Health's healthcare solutions portfolio, providing RFID-based supply chain management systems to healthcare facilities for tracking medical supplies, instruments, and consumables
Go-to-market motion1 record
Distribution channels1 record
Marketing channels3 records
Wavemark product offering
Product offeringCore offering
Wavemark provides RFID-based supply chain management solutions that enable healthcare facilities to capture, store, and provide real-time visibility of medical supplies, surgical instruments, implants, and consumables across operating rooms, clinical labs, nursing units, and procedural areas. The platform combines automated tracking with advanced analytics to reduce inventory waste, automate reordering, and optimize charge capture for hospitals, ambulatory surgery centers, and clinical laboratories.
Product overview
WaveMark™ Solutions is a comprehensive RFID-based supply chain management platform offered by Cardinal Health for healthcare facilities. The platform operates as a modular architecture consisting of specialized solutions for different clinical environments (Operating Room, Clinical Lab, Nursing Unit/Medical Consumables, and Procedural Lab), each leveraging RFID technology for automated tracking and inventory management. The core offering is enhanced by add-on modules including the Advanced Analytics Portfolio for data insights and Clinical Supply Chain Consulting for optimization services. Procedure Card Optimizer provides data-driven optimization of surgical supply configurations. The platform enables healthcare organizations to achieve real-time visibility of medical supplies, reduce waste, automate replenishment, and improve operational efficiency across the clinical supply chain.
Differentiator
Problem solved
Functional benefit
Brands
- WaveMark™ Advanced Analytics Portfolio: Advanced analytics solution for supply chain optimization
- WaveMark™ Clinical Supply Chain Consulting
Products and services
- WaveMark Solutions RFID-based supply chain management platform for healthcare facilities that provides real-time visibility and tracking of medical supplies, implants, and instruments across various clinical environments including operating rooms, clinical labs, nursing units, and procedural areas.
- WaveMark Operating Room Solution RFID-enabled tracking and inventory management solution specifically designed for operating room environments, enabling real-time visibility of surgical supplies, implants, and instruments during procedures.
- WaveMark Clinical Lab Solution Supply chain management and inventory tracking solution for clinical laboratory settings, providing automated monitoring of lab supplies and consumables.
- WaveMark Medical Consumables Solution (Nursing Unit) RFID-based inventory management solution for nursing units that automates tracking of medical consumables and supplies at the point of use.
- WaveMark Procedural Lab Solution Supply chain and inventory management solution for procedural lab environments, enabling automated tracking and replenishment of procedural supplies.
Companies that use Wavemark
Customer profileSegments3 records
Ideal customer profiles3 records
Wavemark technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature7 records
Wavemark partnerships and signals
Strategic signalScale indicators4 records
Recent moves6 records
Expansion highlights5 records
Wavemark competitors and assessment
Company assessmentDirect peers
- Terso Solutions: Terso Solutions manufactures RFID-enabled smart cabinets and inventory management solutions purpose-built for healthcare and life sciences, directly comparable to WaveMark's RFID-based supply chain tracking offering.
- Mobile Aspects: Mobile Aspects provides RFID-based clinical supply and implant tracking systems for hospitals, with a focus on surgical and procedural environments that directly overlaps with WaveMark's OR and Procedural Lab modules.
- LogiTag Medical Solutions: LogiTag offers RFID-enabled medical inventory and asset management solutions for healthcare providers, competing with WaveMark in tracking high-value medical supplies and implants.
- Censis Technologies: Censis Technologies provides surgical instrument tracking and sterile processing workflow solutions, directly comparable to WaveMark's operating room and surgical instrument tracking capabilities.
- Stanley Healthcare (Securitas Healthcare): Securitas Healthcare (formerly Stanley Healthcare) provides RFID-based asset tracking, patient flow, and hospital inventory management solutions that compete with WaveMark in healthcare supply chain visibility.
Broad incumbents
- Omnicell: Omnicell is a major healthcare automation incumbent offering medication management, supply chain, and inventory analytics solutions across hospital systems, with overlapping supply chain automation capabilities to WaveMark.
- Becton Dickinson (BD): BD is a large medical device and healthcare technology incumbent whose medication management and inventory solutions compete broadly with WaveMark in healthcare facility supply tracking.
- McKesson (now part of AESYNT/Compile): McKesson is a major healthcare distribution and medical-surgical supply company with parallel supply chain management offerings that compete with WaveMark at the hospital inventory level.
Emerging players
- Haldor Advanced Technologies: Haldor Advanced Technologies provides RFID-based surgical instrument and sterile processing tracking solutions, representing an emerging player in the niche where WaveMark operates.
Regional players
- Keir Surgical: Keir Surgical provides surgical instrument tracking and sterile processing management primarily in Canada, comparable to WaveMark's surgical tracking capabilities but geographically separate from WaveMark's US-centric distribution.
Market position
Strengths5 records
Weaknesses4 records
Competitive moat5 records
Key risks5 records
Key highlights6 records
Customer concentration
Wavemark social profiles
Digital presenceWavemark financial estimates
Financial estimateRevenue estimate
Valuation estimate
Wavemark leadership team
Management profileNumber of profiles
Wavemark funding detail
Funding detailFunding overview
Funding rounds6 records
Investors2 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Wavemark M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Wavemark
What does Wavemark do?
Wavemark provides RFID-based supply chain management solutions that enable healthcare facilities to capture, store, and provide real-time visibility of medical supplies, surgical instruments, implants, and consumables across operating rooms, clinical labs, nursing units, and procedural areas. The platform combines automated tracking with advanced analytics to reduce inventory waste, automate reordering, and optimize charge capture for hospitals, ambulatory surgery centers, and clinical laboratories.
Is Wavemark a public or private company?
Wavemark is a private company. It is classified as corporate owned and is currently operating.
When was Wavemark founded?
Wavemark was founded in 2003. It employs 51 to 100 people.
Where is Wavemark based?
Wavemark is headquartered in Littleton, United States, in the North America region.
How does Wavemark make money?
One revenue line is on record: healthcare Supply Chain Solutions.
Who are Wavemark's main competitors?
Direct peers on record are Terso Solutions, Mobile Aspects, LogiTag Medical Solutions, Censis Technologies and Stanley Healthcare (Securitas Healthcare). Broad incumbents are Omnicell, Becton Dickinson (BD) and McKesson (now part of AESYNT/Compile). Haldor Advanced Technologies is listed as an emerging player. Keir Surgical is listed as a regional player.
Does Wavemark have an API?
No public API is recorded for Wavemark.
What industry is Wavemark in?
Wavemark's product category is Healthcare Supply Chain Management. Its primary akta.pro industry code is HLAHACAH, Remote Patient Monitoring (RPM) Platforms & Device Hubs (Connectivity/Gateways). Its NAICS code is 3345 and its SIC code is 3841.