Innomedical Trade

What Innomedical Trade does

Innomed Medical Zrt. is a 100% Hungarian-owned medical device developer and manufacturer founded in 1989 by development engineers, operating from a Budapest headquarters and an Esztergom manufacturing facility with approximately 150 employees total. The company operates two core product divisions: Cardiology (semi-automatic external defibrillators under the CardioAid-1 brand, third-generation clinical defibrillators, the HeartScreen ECG family from basic to 72-hour Holter systems, and InnoCare-T patient monitors) and Radiology (TOP-X high-frequency X-ray generators, digital tomosynthesis imaging systems, mobile X-ray devices, remote-controlled digital radiography/fluoroscopy systems, and a low-dose linear CT for pediatrics). Underlying technology includes proprietary microPACS imaging software with DICOM integration, biphasic waveform defibrillation architecture, and automated arrhythmia analysis algorithms developed in collaboration with the University of Pécs.

The business model is B2B hardware sales of capital medical equipment, priced via quote-based multi-year contracts to hospitals and healthcare institutions, supplemented by international distribution through partners in 35+ countries across Europe, MENA, Latin America, and Eastern Europe. A Brazilian OEM partnership with PRO-LIFE enables local assembly for the South American market. The company has expanded into the public access AED segment through programs with Hungary's National Ambulance Service, the Hungarian Firefighters Association, municipal governments, and humanitarian organizations. Revenue is not publicly disclosed; the company has received HUF 1.3 billion in government grants (2020) and invested HUF 1.6 billion in the Esztergom factory modernization (2021). The firm holds ISO 13485 medical device quality certification and has won multiple innovation awards including a Red-dot Design Award (2001) and the Hungarian Industrial Innovation Award (2016).

Name

Innomedical Trade

Legal name

INNOMED Orvostechnikai Fejlesztő és Gyártó Zártkörűen működő Részvénytársaság

Website

https://innomed.hu

Company type

Private

Founded year

1989

Operating status

Operating

Headcount range

51–100 employees

Short description

Innomed Medical Zrt. is a 100% Hungarian-owned medical device manufacturer (founded 1989, ~150 employees) developing and producing cardiology equipment (AEDs, clinical defibrillators, ECG systems, patient monitors) and radiology systems (X-ray generators, digital tomosynthesis, mobile X-ray) for hospitals in 35+ countries.

Ownership category

akta.pro rank

Product category

Medical Device Manufacturing (Cardiology and Radiology Equipment)

NAICS

Surgical and Medical Instrument Manufacturing (339112), Electromedical and Electrotherapeutic Apparatus Manufacturing (334510), Navigational, Measuring, Electromedical, and Control Instruments Manufacturing (3345)

SIC

Surgical & Medical Instruments & Apparatus (3841), Electromedical & Electrotherapeutic Apparatus (3845), Wholesale-Medical, Dental & Hospital Equipment & Supplies (5047)

akta.pro primary industry

Connected Medical Devices & Wearables (Sensors, Patches, Implantables) (HLACAPAB)

akta.pro secondary industry

Personal Medical Devices & Home Diagnostics (Thermometers, Blood Pressure Monitors, Glucose Meters, Rapid Tests) (CRADAMAK)

Keywords

• Medical device manufacturing
• Cardiology equipment
• Defibrillator devices
• Radiology equipment
• ECG systems

Headquarters

HQ city

Budapest

HQ country

Hungary

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Medical Device Sales: Sale of proprietary medical devices including defibrillators, ECG equipment, patient monitors, and radiology systems. Both domestic Hungarian market and international export sales.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels8 records

Core offering

Innomed Medical develops and manufactures two main groups of medical devices: cardiology products (semi-automatic AED defibrillators, clinical defibrillators, ECG systems, patient monitors) and radiology products (high-frequency X-ray generators, digital tomosynthesis imaging systems, mobile X-ray devices, digital radiography/fluoroscopy systems, and low-dose linear CT for pediatrics). The company sells primarily to hospitals, healthcare institutions, and international distributors in 35+ countries, with 100% in-house development and manufacturing at its Budapest headquarters and Esztergom factory.

Product overview

Innomed Medical Zrt. develops and manufactures two main product groups: Cardiology and Radiology medical devices. Cardiology division produces PC-based diagnostic equipment including CardioAid-1 AED (semi-automatic defibrillator family with Basic, Plus, and Trainer variants), CA-Next clinical defibrillators, ECG devices (HeartScreen family from basic to professional stress test and 72-hour Holter systems), and InnoCare-T patient monitors. Radiology division manufactures high-frequency X-ray generators (TOP-X family), digital tomosynthesis systems (DTS), mobile X-ray devices, remote-controlled digital radiography/fluoroscopy systems, direct digital X-ray workstations, and low-dose linear CT for pediatrics. All products come with proprietary microPACS imaging software. The company also offers related equipment distribution and service support.

Differentiator

Problem solved

Functional benefit

Brands

• CardioAid-1 AED: Semi-automatic external defibrillator product family including CardioAid-1 Basic, CardioAid-1 Plus, and CardioAid-1 Trainer AED models.

Products and services

• CardioAid-1 AED Semi-automatic external defibrillator (AED) designed for laypersons and professionals. Includes voice and visual prompts, automatic heart rhythm analysis, built-in metronome for CPR compression guidance. Weight 2 kg. Available in Basic, Plus, and Trainer variants. First Hungarian-developed and manufactured AED.
• CA-Next Clinical Defibrillator Clinical defibrillator with biphasic waveform, advanced diagnostic algorithms, automatic arrhythmia analysis, and extended ECG analysis software. Developed under GINOP_PLUSZ project for post-COVID patient diagnosis and therapy.
• Cardio-Aid 360B Clinical Defibrillator Third-generation clinical defibrillator for professional use in resuscitation, meeting highest demand levels for cardiac emergency care with biphasic waveform technology and post-resuscitation life sign monitoring capability.
• HeartScreen ECG Product Family ECG devices ranging from basic to professional levels. Includes portable, simultaneous 12-channel, and professional stress test and 72-hour Holter monitoring systems with PC-based data management software.
• InnoCare-T Patient Monitor Series Bedside and portable patient monitors for intensive care monitoring. Can be supplemented with central monitoring unit. Color display portable version InnoCare-T M-200 available.
• TOP-X X-ray Generator Family High-frequency X-ray generators including TOP-X 100NR and TOP-X HF series. Features nanotechnology-based, multi-functional user and environment-friendly design.
• Digital Tomosynthesis X-ray System (DTS) Low-dose radiographic imaging device using digital tomosynthesis principle for chest diagnostics. Won 2016 Industrial Innovation Award from Ministry of National Economy.
• InnoSpot 1000T/TM Digital Chest Screening Station Digital lung screening X-ray station for diagnostic chest imaging applications.
• Mobile X-ray Device Family Portable/mobile X-ray equipment for bedside and mobile diagnostic imaging.
• Remote-controlled Digital Radiography/Fluoroscopy System Remote-controlled digital radiography/fluoroscopy system with DTS option for comprehensive imaging diagnostics.
• Direct Digital X-ray Imaging Workstations Direct digital radiography image capture stations with integrated microPACS imaging software for DICOM network integration.
• Linear CT for Pediatrics Low-dose linear CT system developed for pediatric healthcare. Creates direct digital image series from X-ray pulses.
• Telemetry ECG Device Remote telemetry ECG monitoring devices for continuous cardiac monitoring.

Quantifiable outcome

• 60-70% survival chance with immediate CPR and defibrillation
• +2 more outcomes

Named customers7 records

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

Eleven partnerships are on record, tiered core, flagship and minor.

• Pécsi Tudományegyetem (University of Pécs)coreStrategic or Co-development Partner · 1 January 2022Collaborative R&D partnership for clinical defibrillator development targeting post-COVID patient diagnostics and therapy. Innomed developed new sensors and algorithms including automated arrhythmia analysis software package and extended ECG analysis. Project GINOP_PLUSZ-2.1.1-21-2022-00224.
• Budapesti Szent Ferenc Kórház (Budapest Saint Francis Hospital)flagshipStrategic or Co-development Partner · 1 January 2022Joint 'Mentsünk együtt életet' (Let's Save Lives Together) program for placing CardioAid-1 AED devices in public institutions across Hungary. Includes free CPR training for kindergarten staff.
• Magyar Kardiológusok Társasága (Hungarian Society of Cardiology)coreStrategic or Co-development Partner · 1 January 2022Professional society partnership providing scientific backing for life-saving awareness programs including Szívünk Napja and community AED placement initiatives.
• Országos Mentőszolgálat (National Ambulance Service, OMSZ)coreGTM or Marketing Partner · 1 January 2022Collaboration in public life-saving education and awareness events including Szívünk Napja, providing expertise in resuscitation training and community education.
• Magyar Máltai Szeretetszolgálat (Hungarian Maltese Charity Service)coreGTM or Marketing Partner · 1 January 2022Humanitarian organization partnership for community CPR training and life-saving awareness programs at public events.
• Magyar Resuscitatiós Társaság (Hungarian Resuscitation Society)coreStrategic or Co-development Partner · 1 January 2022Professional society providing scientific expertise for resuscitation education and community training programs.
• Magyar Tűzoltó Szövetség (Hungarian Firefighters Association)coreChannel Partner/ Reseller/ Distributor · 1 January 2022'Fogadj örökbe egy CardioAid-1 defibrillátort' (Adopt a CardioAid-1 Defibrillator) campaign distributing AEDs through volunteer firefighter associations across Hungary.
• PRO-LIFE Equipamentos Médicos Eireli (Brazil)flagshipOEM/ Whitelabel/ Licensing Partner · 1 January 2017Brazilian production and assembly partnership for Innomed clinical defibrillators and 2016 Industrial Innovation Award-winning linear CT system. Witnessed by Brazil's Ambassador to Hungary.
• Eyecon Medical Ltd.minorChannel Partner/ Reseller/ DistributorDistributor in Romania and Moldova delivering Innomed defibrillators to healthcare institutions including Technical University of Moldova.
• Auxiliis-Pharma Kft.minorStrategic or Co-development PartnerConsortium partner in GINOP-2.1.1-15-2015-00441 project for low-dose linear CT development in pediatrics, providing foundational research and retrospective clinical studies.
• Semmelweis Egyetem Városmajori Szív- és Érgyógyászati KlinikacoreStrategic or Co-development PartnerHeart and Vascular Clinic providing scientific backing for life-saving programs and public awareness initiatives.

Scale indicators6 records

Recent moves8 records

Expansion highlights6 records

Direct peers

• Edan Instruments: Chinese maker of ECG, patient monitoring, defibrillators, and ultrasound with broad emerging-market distribution. Comparable in cardiology product overlap and in-OBAM/international tender pursuit.
• Mortara Instrument (Hillrom/Baxter): Cardiology device specialist known for ECG, stress test, and Holter systems (now owned by Baxter via Hillrom). Direct overlap with Innomed's HeartScreen ECG family and Holter products.
• ZOLL Medical (Asahi Kasei): US-based defibrillator and AED specialist (now part of Asahi Kasei), focused on resuscitation and public-access AED programmes. Direct product overlap with CardioAid-1 and Cardio-Aid 360B lines.
• Schiller AG: Swiss family-owned manufacturer of cardiology devices (ECG, defibrillators, patient monitors) with similar mid-sized, specialty focus and global distributor model. Closely comparable to Innomed in product breadth, customer segment, and European/mid-market orientation.
• Nihon Kohden: Japanese specialist in medical electronics with strong cardiology (ECG, defibrillators, patient monitoring) and neurology focus. Similar vertically integrated R&D-and-manufacturing DNA and multi-decade brand history in clinical cardiology.
• CU Medical Systems: Korean specialist manufacturer of AEDs and clinical defibrillators exporting globally. Strong overlap with CardioAid-1 AED line on public-access defibrillation.
• Bionet: Korean manufacturer of ECG, patient monitors, and AED devices exporting through distributor networks to hospitals and emerging markets. Similar product mix and export-led growth profile.
• Spacelabs Healthcare: Patient monitoring and cardiology diagnostics company with telemetry and ECG focus. Comparable to Innomed's InnoCare-T patient monitor and telemetry ECG lines.

Broad incumbents

• Mindray Bio-Medical: Large Chinese medical device conglomerate covering patient monitoring, cardiology, and imaging with global distribution. Competes broadly with Innomed's cardiology portfolio but as part of a much wider catalogue.
• Philips Healthcare: Global incumbent in cardiology (defibrillators, ECG, patient monitoring) and radiology (X-ray, CT). Sets the competitive ceiling Innomed benchmarks against in tender and procurement processes.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UCg5LfNgLwgkFbMxZKkOHZ_g
• Facebookfacebook.com/Innomed.hu
• LinkedInlinkedin.com/company/innomed-medical-inc

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries1 record

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 Innomedical Trade