ATS Medical

What ATS Medical does

ATS Medical is a private, Minneapolis-based medical device company founded in 1991 with a focused product strategy in the cardiovascular implant space. The company was established specifically to develop the ATS Open Pivot® Heart Valve, positioning the product as a new mechanical heart valve standard of care. This proprietary, branded design represents the company's core technology asset and the foundation of its product portfolio, which appears to be concentrated in the mechanical heart valve category serving cardiac surgeons and their patients undergoing valve replacement procedures.

The company's go-to-market is consistent with a Class III implantable cardiovascular device manufacturer: products are sold to hospitals and cardiac surgery centers, likely through a combination of direct sales force and specialty distributor relationships typical of the cardiac surgery device industry. The business model relies on per-implant unit pricing under hospital procurement and group purchasing organization (GPO) contracts, with regulatory clearance (FDA PMA pathway) representing a prerequisite commercial gate. The firm's headcount of 251–500 employees is consistent with a commercial-stage mid-cap medical device organization. No pricing, distribution-channel, or customer-segment data is disclosed in the available sources.

The available investment history is limited to a single documented round: a $20.0 million Series 4 financing on 2008-12-23 led by Essex Woodlands Healthcare Partners, a healthcare-specialist growth equity investor. The current corporate website (atsmedical.com) resolves to a parked or redirect landing page containing only a tracking pixel and a privacy-policy link, with no active product, company, or investor content. No management team, M&A history, recent product launches, partnerships, or post-2008 operating signals are documented in the source data, which materially limits any forward-looking assessment.

Name

ATS Medical

Legal name

ATS Medical

Website

https://atsmedical.com

Company type

Private

Founded year

1991

Operating status

Operating

Headcount range

251–500 employees

Short description

ATS Medical is a Minneapolis-based private medical device company founded in 1991 to develop and commercialize its proprietary ATS Open Pivot® mechanical heart valve for cardiac surgery patients requiring valve replacement.

Ownership category

akta.pro rank

Product category

Cardiac Medical Devices

NAICS

Surgical and Medical Instrument Manufacturing (339112)

SIC

Surgical & Medical Instruments & Apparatus (3841)

akta.pro primary industry

Structural Heart Valves (TAVR/SAVR) & Valve Repair (HLAHAFAB)

akta.pro secondary industries

Cardiac Surgery Devices (Cannulas, Clamps, Closure, Grafts) (HLAHAFAH), Interventional Cardiology (PCI/Structural Heart) (HLAKABAB)

Keywords

• Mechanical heart valves
• Cardiac surgery devices
• Prosthetic heart valves
• Cardiovascular medical devices
• Heart valve replacement

Headquarters

HQ city

Minneapolis

HQ country

United States

HQ region

North America

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Core offering

ATS Medical develops and manufactures the ATS Open Pivot® Heart Valve, a mechanical prosthetic heart valve intended to serve as a new standard of care for patients requiring heart valve replacement. The company designs, produces, and commercializes cardiovascular surgical implants used by cardiac surgeons in hospital operating rooms.

Product overview

The source data provided does not contain any product listings, descriptions, or named offerings for ATS Medical. The available webpage content consists only of a tracking pixel reference and a privacy policy link, with no access to the company's actual product catalog, platform modules, or service descriptions.

Differentiator

Problem solved

Functional benefit

Products and services

• ATS Open Pivot® Heart Valve

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Recent moves1 record

Direct peers

• Edwards Lifesciences: Global leader in structural heart therapy including surgical heart valves (both tissue and mechanical) and the dominant player in TAVR. Closely comparable to ATS Medical given direct overlap in surgical heart valve portfolios and surgeon call points.
• LivaNova (Sorin / CryoLife): LivaNova (incorporating the former Sorin cardiac surgery business) manufactures mechanical and tissue heart valves plus cardiopulmonary products—a direct competitor to ATS Medical's mechanical valve franchise.
• On-X Life Technologies (CryoLife): On-X mechanical heart valve (now part of CryoLife/LifeNet Health) competes head-to-head with the ATS Open Pivot® in the mechanical valve niche, sharing the same surgeons and clinical indications.
• Artivion (formerly CryoLife): Cardiac surgery specialist offering tissue heart valves and related products—directly comparable to ATS Medical's surgical valve and cardiac surgery focus.

Broad incumbents

• Medtronic: Broad cardiovascular incumbent with structural heart, cardiac surgery, and surgical valve products. Comparable as the dominant incumbent in the same call points where ATS Medical historically competed.
• Abbott (St. Jude Medical structural heart): Through its St. Jude Medical acquisition, Abbott competes in surgical and transcatheter heart valves and cardiac surgery devices—an overlapping incumbent in the same hospital call points.
• Boston Scientific: Structural heart portfolio (including acquired Symetis) competes in cardiac surgery and valve spaces—an incumbent broadening its footprint into categories where ATS Medical operates.

Emerging players

• JenaValve Technology: Emerging transcatheter valve developer targeting aortic regurgitation and other indications. Comparable as a structural-heart specialist pushing into surgical valve territory that ATS Medical historically served.
• Colibri Heart Valve: Pre-clinical/early-commercial heart valve developer focused on next-generation mechanical and tissue valve platforms—relevant emerging peer in the same surgical valve procedure category.

Regional players

• CardioMed Medical Supplies: Cardiac surgery equipment and supplies provider (regional emphasis). Comparable as a cardiac-surgery adjacent vendor serving similar surgeon and hospital channels, though with a regional and supply-oriented focus.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat2 records

Key risks5 records

Key highlights5 records

Customer concentration

• LinkedInlinkedin.com/company/ats-medical-inc.

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds1 record

Investors1 record

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

M&A

Investments

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

Frequently asked questions about ATS Medical