ELvation Medical

What ELvation Medical does

ELvation Medical GmbH is a German medical technology company founded in 2009 and headquartered in Kieselbronn, Germany, operating as the exclusive worldwide Sales & Service partner for Richard Wolf GmbH's piezoelectric shockwave technology. The company's core business is the distribution, sale, financing, and servicing of piezoelectric extracorporeal shockwave therapy (ESWT) systems (PiezoWave2, PiezoWave2T), extracorporeal shockwave lithotripsy (ESWL) systems (PiezoLith 3000 and PiezoLith 3000 Plus), veterinary shockwave systems, and Intuitive Surgical da Vinci surgical robots. The underlying technology uses piezoceramic transducers arranged on a concave surface to generate focused acoustic pressure waves, with patented innovations including Double-Layer Technology for doubled energy output, T-Mode treatment delivery (T-Burst and T-Ramp), direct focusing without reflectors, and Triple Focus variable focal zones.

The company serves hospitals, urology departments, orthopedic and physiotherapy practices, sports medicine clinics, and veterinary practices across Germany, Europe, and the United States. Revenue is generated through four streams: one-time capital equipment sales, customized financing solutions (leasing, rental, pay-per-procedure models offered as an independent financing specialist), technical service and maintenance contracts (exclusively authorized for ESWT, MyACT, and ESWL Piezosystems), and consumables/accessories sales via an online Shopify storefront. The go-to-market is enterprise field sales with regional operations in Germany (HQ), the USA (Alvation Medical LLC, Alpharetta GA, operational since 2014), and Italy.

ELvation is supported by a long-standing strategic partnership with Richard Wolf GmbH dating to the company's founding, leveraging more than 35 years of piezoelectric lithotripter technology expertise and a worldwide installed base of more than 1,000 systems. Additional partnerships include Intuitive Surgical (da Vinci distribution in Europe since 2005), RWTH Aachen University (research), and FICS for sports chiropractic market development. The company maintains ISO 13485:2016 quality management certification and operates digital ecosystem platforms including the MyACT Connect provider portal and ELvation HUB e-learning platform. The founders Holger Stahl (CEO) and Heinz-Joachim Langmatz (CFO) retain operational control with no disclosed external institutional investment.

Name

ELvation Medical

Legal name

ELvation Medical GmbH

Website

https://elvation.de

Company type

Private

Founded year

2009

Operating status

Operating

Headcount range

11–50 employees

Short description

ELvation Medical GmbH is a German medical device distributor founded in 2009, exclusively selling and servicing piezoelectric shockwave therapy and lithotripsy systems (PiezoWave, PiezoLith) manufactured by Richard Wolf GmbH, plus da Vinci surgical robots, to hospitals, urology clinics, and orthopedic practices across Europe and the United States.

Ownership category

akta.pro rank

Headquarters

HQ city

Kieselbronn

HQ country

Germany

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Medical Equipment Sales: Sale of high-value medical capital equipment including ESWT systems (PiezoWave2, PiezoWave2T), ESWL systems (PiezoLith 3000, PiezoLith 3000 Plus), da Vinci surgical robots, and veterinary shockwave systems. Equipment sold to hospitals, clinics, and medical practices.
2. Financing Solutions: Customized financing solutions for medical technology including leasing, rental models, pay-per-procedure models, and traditional financing. Offered as an independent financing specialist not tied to banks or manufacturers.
3. Technical Service and Maintenance: 100% service for complete safety in application and value conservation of medical devices worldwide. Exclusively authorized service for ESWT, MyACT, and ESWL Piezosystems. Service center for ESWL-Piezolith.
4. Consumables and Accessories: Sale of therapy sources, gel pads, and accessories for shockwave systems. Individual supply contracts for instruments and service.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels6 records

Core offering

ELvation Medical distributes, services, and finances piezoelectric extracorporeal shockwave therapy (ESWT) and lithotripsy (ESWL) systems for musculoskeletal, urological, wound care, and veterinary applications, alongside distributing Intuitive Surgical's da Vinci robotic surgery systems in Europe. The company manufactures no hardware itself; it acts as the exclusive worldwide sales, service, and financing partner for Richard Wolf GmbH's piezoelectric shockwave technology, supplemented by independent financing solutions (leasing, rental, pay-per-procedure) and full technical service.

Product overview

Elvation Medical offers a portfolio of piezoelectric shockwave therapy medical devices centered around the PiezoWave product family (PiezoWave2 and PiezoWave2T), complemented by urological lithotripsy systems (PiezoLith 3000/3000 Plus), veterinary applications (Piezo Shockwave VET), and distributed surgical robotics (Da Vinci systems). The flagship PiezoWave2T features patented T-Mode treatment delivery with touchscreen interface, while the ESWL systems provide multimodal stone management. The company also provides supporting platforms including the MyACT Connect provider portal, ELvation HUB e-learning platform, and an online Shopify store for accessories. Products are manufactured by Richard Wolf GmbH with whom Elvation maintains an exclusive partnership since 2009.

Differentiator

Problem solved

Functional benefit

Brands

• MyACT: Acoustic Compression Therapy brand for the PiezoWave2T system in the USA market, focusing on minor muscle aches and pains relief
• PiezoWave
• PiezoLith

Products and services

• PiezoWave2T The flagship extracorporeal shockwave therapy (ESWT) system featuring a high-resolution touchscreen interface, patented T-Mode (T-Ramp and T-Burst) treatment delivery modes, and consistent energy delivery up to 12Hz pulse frequency for musculoskeletal, orthopedic, urological, and wound-care applications.
• PiezoWave2T MyACT Acoustic Compression Therapy system privately designed and manufactured by Richard Wolf for exclusive sale and distribution by ELvation Medical, used for temporary relief from minor aches and pains through targeted acoustic waves for deep tissue massage.
• PiezoWave2 Modular ESWT device that is intuitive to operate and compatible with all therapy sources, serving as the predecessor generation to the PiezoWave2T.
• PiezoLith 3000 Plus Next-generation extracorporeal shockwave lithotripsy (ESWL) system featuring computer- and software-assisted automatic patient positioning, in-picture navigation, patented double-layer technology (DLT), triple focus capability, and dual simultaneous real-time localization (DSR) for urological stone management.
• PiezoLith 3000 ESWL system utilizing double-layer piezoelectric technology with thousands of piezoceramic elements arranged in a mosaic pattern for highly effective and almost painless kidney stone treatment, featuring a uniquely small and ergonomic design.
• Piezo Shockwave VET Veterinary extracorporeal shockwave therapy system combining orthopedic ESWT with trigger point shockwave therapy (TPST) for treatment of small and large animals, with penetration depth up to 172mm for large animals.
• Da Vinci Si and Xi Surgical Systems Minimally invasive surgical robot systems distributed by ELvation Medical in partnership with Intuitive Surgical, enabling endoscopic procedures with maximum precision and minimal patient stress, with integrated financing solutions.
• Medical Equipment Financing Solutions Independent, customized financing solutions for medical technology including short- and long-term rental, attractive leasing conditions, usage-based/pay-per-procedure plans, and tailored transparent financing, with maintenance and servicing optionally included.
• Technical Service and Maintenance 100% authorized service for complete safety in application and value conservation of medical devices worldwide, including exclusive service for ESWT, MyACT, and ESWL Piezosystems and the official service center for ESWL-Piezolith.

Quantifiable outcome

• Up to 5 million shockwave pulses guaranteed lifespan for therapy sources
• +4 more outcomes

Segments5 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature7 records

Partnerships

Five partnerships are on record, tiered core and minor.

• Richard Wolf Medical Instruments Inc.coreStrategic or Co-development Partner · 1 January 2014Manufacturing partner that started assembling the newly designed PiezoWave2T MyACT in its Chicago, IL plant on January 1, 2022. Richard Wolf Medical Instruments is an exclusive partner for Elvation Medical in the US market.
• Intuitive SurgicalcoreStrategic or Co-development Partner · 1 January 2005Partnership began in 2005 between ELvation Medical/Europa Leasing and Intuitive Surgical combining technical expertise with financial knowledge. The partnership enables financing and installation of da Vinci surgical robot systems. Initially successful in Central Europe, the cooperation expanded to cover the entire European market.
• Richard Wolf GmbHcoreStrategic or Co-development PartnerELvation Medical GmbH is the exclusive worldwide authorized Sales & Service partner for Richard Wolf GmbH piezoelectric shockwave systems. The partnership began at ELvation's founding in 2009 and continues to this day. Richard Wolf manufactures the products while ELvation handles global distribution, sales, and service. The partnership has developed multiple generations of shockwave technology including PiezoWave2T.
• Fédération Internationale de Chiropratique du Sport (FICS)minorGTM or Marketing PartnerELvation Medical is proud to partner with FICS, the leading global organization providing equitable access to sports chiropractic care, education, mentoring, and research to all athletes and sports chiropractors regionally, nationally, and internationally.
• RWTH Aachen UniversityminorStrategic or Co-development PartnerRenowned research partner working with Elvation Medical and Richard Wolf to investigate biological mechanisms of shockwaves and optimize therapy protocols based on evidence.

Scale indicators5 records

Recent moves6 records

Expansion highlights7 records

Direct peers

• Cook Medical: US-headquartered medical device manufacturer with a strong urology portfolio including stone-management products. Overlaps with ELvation's PiezoLith line at the urology hospital buyer level and competes for the same ESWL/laser lithotripsy budgets.
• BTL Industries: Czech manufacturer of focused and radial shockwave therapy systems (Cellactor, BTL-6000 SWT) and other physiotherapy/orthopedic capital equipment. Directly competes with the PiezoWave2T in the orthopedic, physiotherapy, and sports medicine segments.
• Zimmer MedizinSysteme: German manufacturer of shockwave therapy devices (enPuls, Z Wave) and other physiotherapy capital equipment. Directly competes with ELvation in the orthopedic, physiotherapy, and rehabilitation segments, particularly in the German-speaking market.
• Dornier MedTech: German developer of extracorporeal shockwave lithotripsy (ESWL) systems with deep heritage in electromagnetic lithotripters. Directly competes with ELvation's PiezoLith 3000 Plus in urology hospital procurement, particularly across Europe and Asia.
• Storz Medical: Swiss-headquartered manufacturer of shockwave therapy and lithotripsy systems (electromagnetic and piezoelectric). Directly competes with ELvation's PiezoWave and PiezoLith product families across ESWT and ESWL hospital and clinic accounts globally.
• EDAP TMS: France-based developer of lithotripsy (ESWL) and high-intensity focused ultrasound systems. Competes with ELvation in the urological stone-management segment and serves overlapping hospital and clinic customers in Europe and the US.

Broad incumbents

• Boston Scientific: Large diversified medical device company whose Urology/Pelvic Health franchise includes stone-management and lithotripsy products. Competes indirectly with ELvation's lithotripsy business through scale, broad hospital contracts, and integrated service networks.
• Olympus Medical: Diversified endoscopy and surgical device incumbent with a urology stone-management portfolio (including Holmium lasers and associated systems). Competes for the same urology capital budgets as ELvation's PiezoLith line, though through different modalities.

Others

• Intuitive Surgical: US-based manufacturer of the da Vinci surgical robot system and ELvation Medical's financing/distribution partner in Europe. Listed as an ecosystem participant given its strategic decisions materially shape ELvation's non-shockwave revenue line.
• Richard Wolf GmbH: German medical device manufacturer and ELvation Medical's exclusive production partner for piezoelectric shockwave systems. Listed here as an ecosystem participant — its strategic decisions directly govern ELvation's product roadmap and supply.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xtwitter.com/ELvationUSA
• YouTubeyoutube.com/channel/UCphZdThrzYQ5TYNC1NXvNuw
• Facebookfacebook.com/elvationmedical
• LinkedInlinkedin.com/company/elvation-medical-gmbh
• Instagraminstagram.com/elvation.medical

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 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 ELvation Medical