AFKMed

What AFKMed does

AFKMed (Shenzhen AFKMED Medical Technology Co., Ltd.) is a Shenzhen-headquartered medical technology company founded in 2018 that operates an online and offline integrated service platform distributing medical devices and equipment to hospitals, medical institutions, home-care settings, operating rooms, public health departments, and small/medium-sized distributors across more than 100 countries. The product portfolio spans CPAP sleep therapy devices with proprietary algorithms (a patented flow tracking algorithm and a REG respiratory event monitoring algorithm), in-vitro diagnostics (chemiluminescence immunoassay analyzers, blood coagulation analyzers, special protein analyzers), ICU equipment (oxygen breathing machines, infusion pumps), portable and stationary oxygen concentrators, and a consumer beauty line marketed under the iHelmet sub-brand for laser hair regrowth.

The company runs four wholly-owned regional entities (Shenzhen HQ, AFRICAMED HK, AFKMED CANADA in British Columbia, and Africamed Bio Technology Limited in Lagos) and reports a network of 500+ channel partners, supported by 200+ employees providing preventive maintenance, calibration, breakdown repair, and online customer support. Its stated value proposition is to act as a cross-border bridge exporting "strictly selected" Chinese-manufactured medical products into emerging markets, with particular depth in Africa (stated coverage of 80% of Africa's GDP and 60% of its population as of 2018) and growing presence in Europe, the Middle East, Southeast Asia, the Americas, and Oceania.

The business model is primarily B2B hardware sales to institutional and distributor buyers with contact-based, undisclosed pricing, supplemented by online platform services for purchasing, financing, and inventory management. Revenue streams include direct medical device sales and integrated platform services, though neither revenue figures, funding history, nor valuation data are publicly disclosed. Marketing relies on trade exhibitions, social media (Facebook, LinkedIn, YouTube), and CSR-driven PR activities such as COVID-19 donation programs in Nigeria (2020, via the Chinese Consulate General in Lagos) and India (2021).

Name

AFKMed

Legal name

Shenzhen AFKMED Medical Technology Co., Ltd.

Website

https://afkmed.com

Company type

Private

Founded year

2018

Operating status

Operating

Headcount range

51–100 employees

Short description

AFKMed is a Shenzhen-based medical device distributor founded in 2018, selling CPAP, IVD, oxygen, ICU, and consumer beauty products to hospitals, clinics, and distributors across 100+ countries via wholly-owned subsidiaries in Hong Kong, Canada, and Nigeria and a 500+ partner network.

Ownership category

akta.pro rank

Product category

Medical Devices

NAICS

Electromedical and Electrotherapeutic Apparatus Manufacturing (334510), Navigational, Measuring, Electromedical, and Control Instruments Manufacturing (3345), Medical Equipment and Supplies Manufacturing (33911)

SIC

Surgical & Medical Instruments & Apparatus (3841), Electromedical & Electrotherapeutic Apparatus (3845)

akta.pro industry

PRIMARYCRADAMAK

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

Consumer Products & Retail/Consumer Packaged Goods (CPG) Manufacturing & Brands/Health & Hygiene OTC Consumer Goods (First Aid, Oral Care, Personal Health)

SECONDARYCRAIABAI

CPAP & Sleep Apnea Equipment Retail

Consumer Products & Retail/Home & Furniture Retail/Mattresses & Sleep Products Retail

SECONDARYHLACAPAB

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

Healthcare & Life Sciences/Digital Health & Health IT/Healthcare IoT & Remote Patient Monitoring

SECONDARYHLAHACAH

Remote Patient Monitoring (RPM) Platforms & Device Hubs (Connectivity/Gateways)

Healthcare & Life Sciences/Medical Devices & Diagnostics/Patient Monitoring, Wearables & Remote Diagnostics

Keywords

• Medical devices
• CPAP sleep therapy
• IVD diagnostics
• Oxygen concentrators
• Medical supply chain

Headquarters

HQ city

Shenzhen

HQ country

China

HQ region

Asia

Offices4 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 Device Sales: Sale of medical equipment including CPAP devices, IVD equipment, oxygen concentrators, ICU equipment, and beauty/healthcare products to global markets
2. Online/Offline Integrated Platform Services: Provides integrated service platform for medical institutions, hospitals, and distributors including financing, purchasing, and inventory management services

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

AFKMed manufactures and distributes a portfolio of medical devices including CPAP sleep therapy equipment, IVD diagnostic analyzers, oxygen concentrators, ICU equipment such as infusion pumps, and beauty/healthcare products like laser hair growth helmets. The company also operates an online-and-offline integrated service platform for hospitals, medical institutions, specialist nursing facilities, and small/medium distributors, providing supply chain financing, purchasing, and inventory management services.

Product overview

AFKMed is a medical technology company founded in 2018 offering a diversified portfolio of medical devices and equipment. The company operates as a single-platform medical supplier providing products across multiple categories: CPAP sleep therapy devices (AFK-IV-04, AFK-IV-02), beauty and hair products including iHelmet laser hair growth helmets and laser hair growth caps, ICU equipment such as oxygen breathing machines and infusion pumps, IVD products including blood coagulation analyzers and protein analyzers, oxygen concentrators for therapy, immunoassay analyzers for hormone and blood testing, and rapid test kits. The products serve various healthcare settings including hospitals, home-care, operating rooms, public health facilities, and POCT labs across more than 100 countries and regions.

Differentiator

Problem solved

Functional benefit

Brands

• iHelmet: Laser hair growth helmet product line offering multiple styles with 88/160/200 laser diode options for hair regrowth treatment.

Products and services

• Sleep Therapy Device CPAP AFK-IV-04

Segments5 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Two partnerships are on record, tiered major and core.

• Chinese Companies in AfricamajorChannel Partner/ Reseller/ Distributor · 1 January 2018In 2018, AFKMED invited more than 30 top Chinese companies to Nigeria to explore business opportunities in Africa. AFKMED aims to establish a healthcare bridge between China and Africa.
• Chinese Consulate General in LagoscoreStrategic or Co-development PartnerPartnered with Chinese Consulate General in Lagos to participate in initiative for Chinese-funded enterprises in Nigeria to support Lagos State during COVID-19 pandemic.

Scale indicators4 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• ResMed: Global leader in CPAP and sleep apnea devices. Directly competes with AFKMed in the same product category (CPAP) for similar hospital, homecare, and sleep clinic customers, with an overlapping business model of device sales plus connected health services.
• Apex Medical: Taiwan-based manufacturer of respiratory therapy products including CPAP, BiPAP, and oxygen concentrators. Direct competitor in sleep apnea and respiratory therapy device categories, with similar mid-tier positioning to AFKMed.
• Philips Respironics: Major global CPAP and respiratory therapy franchise within Philips. Competes head-to-head with AFKMed in CPAP and bilevel devices, with broader hospital respiratory and ventilation exposure that overlaps with AFKMed's oxygen concentrator and ICU respiratory equipment lines.
• BMC Medical: Chinese CPAP and respiratory device manufacturer with global distribution. Most direct Chinese competitor to AFKMed, with overlapping product portfolio (CPAP, bilevel, oxygen concentrators) and similar emerging-market go-to-market approach.
• Yuwell: China-based medical device company manufacturing oxygen concentrators, sleep therapy devices, and home healthcare equipment. Closely comparable to AFKMed in product mix (oxygen, CPAP, home healthcare) and in exporting Chinese-manufactured medical devices to global markets.
• Contec Medical Systems: Chinese manufacturer of medical electronic instruments including patient monitoring, IVD, and respiratory products. Comparable product overlap with AFKMed (IVD, ICU/monitoring devices) and similar China-to-global B2B distribution motion.

Emerging players

• Transcend (Somnetics): US-based portable and travel CPAP manufacturer. Comparable niche focus on sleep apnea equipment with a smaller scale and emerging international distribution, similar in profile to AFKMed's CPAP product line.

Broad incumbents

• Drägerwerk: German medical and safety technology company with strong presence in hospital respiratory, ventilation, and patient monitoring. Overlaps with AFKMed's ICU equipment and oxygen therapy categories, though at a much larger scale and with deeper regulatory presence.
• Mindray: Large Chinese medical device manufacturer with broad portfolio including patient monitoring, IVD, and life sciences products. Comparable in its China-origin global medical device distribution model and in IVD/instrument categories overlapping with AFKMed's immunoassay and blood coagulation analyzers.
• Fisher & Paykel Healthcare: New Zealand-based global leader in respiratory care, including CPAP humidification, oxygen therapy, and neonatal products. Competes with AFKMed in hospital and home respiratory therapy, with much larger R&D and clinical evidence base.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/channel/UCo7qVpJ8VsYm6_1Ux9JJ5RA
• Facebookfacebook.com/afkmedoffical
• LinkedInlinkedin.com/company/africamed

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries3 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 AFKMed