What speziMED does

speziMED GmbH is a privately held, owner-managed German diabetes specialty retailer headquartered in Dresden (registered office at Franklinstraße 22), founded in 2008 in Radeberg, Saxony. The company distributes diabetes medical supplies — blood glucose meters, test strips, lancing devices, CGM systems, insulin pens, pen needles, insulin pump systems (Accu-Chek, MiniMed, mylife YpsoPump, Omnipod, Kaleido), wound care products, and accessories — primarily to individual patients with Type 1 and Type 2 diabetes, with additional offerings for pediatric, gestational, and veterinary diabetes use cases. Its catalog also extends into adjacent categories such as diabetic socks, sugar alternatives, nutrition, and pump carrying systems. SpeziMED distributes a product-neutral assortment sourced from multiple manufacturers, including pediatric-focused accessories and the proprietary VetMate line for diabetic dogs and cats.

The company operates a hybrid multi-channel distribution model: 20+ owned physical diabetes specialty stores (Diabetesfachgeschäfte) across Germany, a nationwide e-commerce shop at spezimed.net, the proprietary speziMED Rezept-App for digital prescription submission (available on iOS and Android), a field sales force (Außendienst), and traditional DHL-based mail order. Its core operational technology is a prescription management and direct-billing infrastructure enabled by Leistungserbringer (contracted provider) status with German statutory health insurers (Krankenkassen), which allows speziMED to bill insurers directly and to waive the statutory co-payment (Zuzahlung) for covered diabetes Hilfsmittel. Order processing is supported by a toll-free hotline, including a 24/7 insulin pump emergency line.

The business model is transaction-based: revenue is generated primarily from one-time and recurring prescription-driven sales of diabetes aids, reimbursed in large part by statutory health insurers, with direct-to-consumer online and retail sales of accessories, wound care, and nutrition. The customer base exceeds 30,000 individuals, served from a logistics center in Dresden that ships several hundred packages per business day. SpeziMED is product-neutral and reports no external institutional investors, parent company, or venture capital ownership.

Name

speziMED

Legal name

speziMED GmbH

Website

https://spezimed.net

Company type

Private

Founded year

2008

Operating status

Operating

Headcount range

1–10 employees

Short description

speziMED is a privately held German diabetes specialty retailer and contracted statutory health insurance provider selling blood glucose meters, CGM systems, insulin pumps, pen needles, and wound care products to 30,000+ patients across Germany via 20+ specialty stores, e-commerce, and a prescription mobile app.

Ownership category

akta.pro rank

Product category

Diabetes Medical Supplies Retail

SIC

Wholesale-Drugs, Proprietaries & Druggists' Sundries (5122), Electromedical & Electrotherapeutic Apparatus (3845)

akta.pro primary industry

Diabetes (General) (HLAKADAA)

akta.pro secondary industries

Blood Glucose Monitoring (BGM) Meters & Test Strips (HLAHAHAG), Diabetes Care Device Accessories & Adhesives (Sensors/Pump Supplies) (HLAHAHAL), Insulin Pen Needles, Syringes & Infusion Sets (Consumables) (HLAHAHAE), Blood Glucose Monitoring Devices (Consumer CGM & Smart Glucometers) (CRACAQAE), Patch Pumps & Wearable Insulin Delivery (HLAHAHAC), Type 1 Diabetes Care (HLAKADAB)

Keywords

• Diabetes medical supplies
• Blood glucose monitoring
• Insulin pump therapy
• Continuous glucose monitoring
• Wound care products

Headquarters

HQ city

Radeberg

HQ country

Germany

HQ region

Europe

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Diabetes Medical Supplies Sales: Revenue generated from the sale of diabetes medical aids and supplies including blood glucose meters, test strips, insulin pumps, pen needles, CGM systems, wound care products, and accessories. Products are sold both as one-time purchases and through recurring prescription-based orders. The company acts as a contracted provider (Leistungserbringer) for statutory health insurers, directly billing Krankenkassen for covered diabetes Hilfsmittel.
2. Health Insurance Billing Services: As a contracted partner of statutory health insurance funds, speziMED handles direct billing with Krankenkassen. Customers submit prescriptions, and the company receives reimbursement directly from insurers after delivering prescribed diabetes supplies.

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels6 records

Core offering

speziMED is a German diabetes specialty retailer that sells blood glucose meters, test strips, continuous glucose monitoring (CGM) systems, insulin pumps, insulin pens, pen needles, wound care products, and related accessories. The company operates as a contracted provider (Leistungserbringer) for statutory health insurers (Krankenkassen), enabling customers to submit prescriptions digitally via the speziMED Rezept-App or by mail, after which the company directly bills the insurer and ships diabetes supplies free of charge within Germany. speziMED waives the statutory co-payment (Zuzahlung) for covered diabetes aids and serves customers through 20+ physical diabetes specialty stores, an e-commerce website, a mobile app, a field sales force, and a 24/7 insulin pump emergency hotline.

Product overview

speziMED operates as a diabetes specialty retailer offering a comprehensive online shop, mobile app, and physical store locations across Germany. The product portfolio centers on diabetes management supplies including blood glucose meters (Blutzucker-Messgeräte), test strips, CGM systems, insulin pumps (Accu-Chek, MiniMed, mylife YpsoPump, Omnipod, Kaleido), insulin pens, and pen needles. The company also provides a specialized veterinary line (VetMate) for diabetes care in dogs and cats. Additional offerings include wound care products, personal care items, insulin pump accessories, carrying cases, and nutrition products. The speziMED Rezept-App enables prescription submission via mobile device, while the online shop and physical diabetes specialty stores provide multiple channels for ordering diabetes supplies. The company distinguishes itself by accepting prescriptions, waiving co-payments for covered diabetes aids, and offering free shipping within Germany.

Differentiator

Problem solved

Functional benefit

Products and services

• Blood Glucose Self-Monitoring Products (Blutzucker-Messgeräte) Self-monitoring diabetes devices including blood glucose meters, blood glucose test strips, lancing devices and lancets, and blood pressure monitors used by people with diabetes for daily blood sugar and cardiovascular monitoring at home.
• Continuous Glucose Monitoring (CGM) Systems and Accessories Continuous Glucose Monitoring (CGM) systems for real-time glucose tracking without frequent finger pricks, including CGM carrying systems and sensor accessories.
• Insulin Pump Systems (Insulinpumpen-Systeme) Insulin pump systems and infusion sets for continuous insulin delivery, including Accu-Chek Solo, Accu-Chek Insight, Accu-Chek Spirit Combo, Kaleido, MiniMed, mylife YpsoPump, and Omnipod, plus universal pump carrying systems.
• Insulin Injection Products (Insulininjektion) Insulin injection supplies including insulin pens (reusable and disposable), disposable pen needles in various sizes, insulin syringes, and subcutaneous port systems for insulin infusion.
• Wound Care and Personal Care Products (Wundversorgung & Pflegeprodukte) Wound care and personal care products for diabetes patients, including disinfection and skin protection products, wound dressings, plasters and films, and body care products formulated for people with diabetes.
• Veterinary Diabetes Products - VetMate Line Blood glucose monitoring devices, test strips, and safety lancets specifically designed for diabetes management in dogs and cats, including the VetMate blood glucose meter, VetMate PLUS test strips, and species-specific safety lancets (21G for dogs, 26G for cats).
• Pediatric Diabetes Products (Kinderwelt) Age-appropriate diabetes supplies for children and adolescents, including the JuniorSTAR insulin pen, Junior Belly One belly bands, Junior Arm Guard arm bands, mylife YpsoPump children's pump bags, MiniMed back belts, silicone protective cases, Accu-Chek Insight children's belly bags, and the German Diabetes Society children's health passport.
• Diabetes Lifestyle and Accessory Products Supplementary diabetes lifestyle products including sugar-free and low-calorie beverages (INSTICK), xylitol-based sugar alternatives (Xucker), diabetic leisure socks (Ihle SENSICO), insulin cooling bags (Wellion), and the mylife Loom Tour pump carrying system.
• speziMED Rezept-App (Mobile Prescription Service) Mobile application enabling customers to photograph and submit diabetes prescriptions digitally for quick processing and direct home delivery of diabetes supplies, integrated with the company's direct insurance billing and fulfillment operations.
• Direct Health Insurance Billing and Co-Payment Waiver Service Administrative service in which speziMED, as a contracted provider for German statutory health insurers, processes submitted prescriptions, directly bills the relevant Krankenkasse for reimbursement, and waives the statutory co-payment (Zuzahlung) for covered diabetes aids on behalf of customers.

Quantifiable outcome

• Over 30,000 customers served as an established mid-sized company in the German healthcare market

Named customers5 records

Segments5 records

Ideal customer profiles6 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration5 records

Feature1 record

Partnerships

Seven partnerships are on record, tiered core and minor.

• Krankenkassen (Statutory Health Insurers)coreChannel Partner/ Reseller/ DistributorspeziMED operates as a contracted Leistungserbringer and Vertragspartner of statutory health insurance funds (Krankenkassen). This partnership enables the company to directly bill health insurers for covered diabetes Hilfsmittel, streamlining the purchasing process for customers who only need to submit prescriptions.
• Optica Abrechnungszentrum Dr. Güldener GmbHcoreImplementation/ SI/ Consulting PartnerOptica Abrechnungszentrum Dr. Güldener GmbH, located at Marienstraße 10, 70178 Stuttgart, provides billing and accounts receivable services for speziMED under Art. 6 Abs. 1 lit. b and f DS-GVO.
• DHL (Shipping Partner)minorOthersspeziMED uses DHL as its primary shipping carrier for domestic and international deliveries. Orders placed before 2 PM Monday through Friday are processed same-day.
• Medical Device ManufacturerscoreChannel Partner/ Reseller/ DistributorspeziMED distributes products from multiple diabetes device manufacturers including Roche Diabetes Care (Accu-Chek), Medtronic (MiniMed), Ypsomed (mylife YpsoPump), Sanofi (JuniorSTAR), and others. The company positions itself as product-neutral, offering all major brands.
• Medical Practices and Diabetes ConsultantsminorOthersHealthcare providers including diabetologists, general practitioners, and diabetes educators (Diabetesberater) refer patients to speziMED for supplies and equipment.
• Nursing and Care FacilitiesminorOthersspeziMED supports nursing homes and care facilities (Pflegeeinrichtungen) with diabetes equipment training, supply provision, and staff education on diabetes management.
• DEKRA (Quality Certification)minorOthersspeziMED voluntarily submits to quality audits by independent DEKRA assessors to ensure highest quality standards in service delivery and operations.

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Apotheke.de: German online pharmacy platform connecting local pharmacies to digital customers, including diabetes supplies. Competes with speziMED in online prescription fulfillment and home delivery of medical aids.
• DocMorris: Major European online pharmacy with strong German presence offering prescription medications and medical devices. Competes with speziMED for chronic-condition patients seeking convenient home delivery of diabetes supplies with insurance reimbursement.
• Sanicare: German mail-order and online pharmacy focused on chronic-condition patients including diabetes, offering prescription processing and direct insurance billing. Comparable business model to speziMED's recurring-supply chronic care focus.
• Shop Apotheke Europe: Large German/European online pharmacy selling prescription and OTC medications including diabetes supplies. Directly competes with speziMED in German e-commerce diabetes supply distribution but operates at significantly greater scale with broader assortment.
• Eurapon: German online pharmacy serving customers with prescription medications and medical aids. Overlaps with speziMED in distributing diabetes Hilfsmittel to German patients through digital channels.

Broad incumbents

• VitalAire (Air Liquide Healthcare): Air Liquide's home healthcare division providing diabetes and respiratory homecare services across Europe, including CGM and insulin pump supply support. Larger incumbent with overlapping chronic-care home delivery model.
• Mediq: European home healthcare and medical supplies distributor serving chronic patients including those with diabetes. Broader portfolio than speziMED, but with overlapping focus on recurring medical-device supply and direct-to-patient delivery.

Regional players

• Aposan: German specialty pharmacy serving patients with complex therapy needs including diabetes. Comparable German specialty distribution model but with broader therapy focus than speziMED's diabetes-only positioning.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/spezimed
• LinkedInlinkedin.com/company/spezimed-gmbh

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

Investors

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 speziMED