TIMED

What TIMED does

TIMED, s.r.o. is a privately held Slovak medical device and equipment distributor founded in 1990 and headquartered in Bratislava. The company serves as the exclusive or authorized distributor in Slovakia for a broad portfolio of global medical device manufacturers including Abbott Diabetes Care (where it holds exclusive Slovak rights to the FreeStyle Libre continuous glucose monitoring franchise), Medtronic, Johnson & Johnson MedTech (DePuy Synthes, Biosense Webster), Cardinal Health, Dräger, Siemens Healthineers, Medline, Vygon, Mölnlycke, Nutricia (Danone), and Vitaflo (Nestlé Health Science), among approximately 20+ principals in total. Its offerings span three pillars: (1) surgical medical devices — pacemakers, defibrillators, vascular prostheses, sutures, staplers, laparoscopic instruments, and stents; (2) non-surgical medical devices — glucometers, CGM sensors, diagnostic analyzers, and general medical instrumentation; and (3) specialized medical nutrition products for metabolic disorders, phenylketonuria, cystic fibrosis, gastrointestinal diseases, and food allergies.

The company sells and distributes exclusively to Slovak healthcare institutions — including university hospitals, faculty hospitals, the three national cardiovascular institutes, and pharmacies/medical dispensaries — through a field sales organization organized across 12+ medical specialty divisions with named relationship managers. Pricing is negotiated via public procurement processes and direct B2B contracts rather than published list prices. A service center operation provides warranty and post-warranty repair, BTK safety technical inspections using FLUKE ESA 620 Medical equipment, remote diagnostics via TeamViewer, and device modernization services, performed by manufacturer-certified technicians. TIMED holds ISO 9001:2015 (since 2006) and ISO 13485:2016 (since 2022) certifications, is a member of SK+MED (Slovak Association of Medical Devices Suppliers) and MedTech Europe, and earns revenue through product distribution margins plus recurring service contracts. Its geographic footprint is strictly domestic — Slovakia only — and it has no parent company, no disclosed external investors, and no M&A history.

Name

TIMED

Legal name

TIMED, s.r.o.

Website

https://timed.sk

Company type

Private

Founded year

1990

Operating status

Operating

Headcount range

101–250 employees

Short description

TIMED, s.r.o. is a Bratislava-based medical device and equipment distributor founded in 1990 that serves as the exclusive Slovak distributor for Abbott Diabetes Care and authorized distributor for ~20 global manufacturers, supplying hospitals, cardiovascular institutes, and pharmacies across Slovakia.

Ownership category

akta.pro rank

Product category

Medical Device Distribution

NAICS

Medical, Dental, and Hospital Equipment and Supplies Merchant Wholesalers (42345)

SIC

Wholesale-Medical, Dental & Hospital Equipment & Supplies (5047), Wholesale-Drugs, Proprietaries & Druggists' Sundries (5122)

akta.pro primary industry

Medical Supplies & Consumables Wholesale (Non-Device) (CRAOAHAE)

Keywords

• Medical device distribution
• Healthcare supplies
• Medical equipment servicing
• Medical nutrition products
• Diagnostic equipment distribution

Headquarters

HQ city

Bratislava

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Medical Device Distribution: TIMED distributes medical devices, special medical materials, diagnostic equipment, and instrumentation from leading global manufacturers (Abbott, Medtronic, Johnson & Johnson, Cardinal Health, Dräger, Siemens, and others) to healthcare institutions, hospitals, cardio institutes, and pharmacies across Slovakia. Revenue is generated through product sales margins as a distributor.
2. Medical Nutrition Distribution: Distribution of specialized dietary foods for medical purposes (dietetických potravín) from manufacturers including Danone (Nutricia) and Vitaflo (Nestlé) for conditions such as phenylketonuria, metabolic disorders, organic acidemias, GIT diseases, and food allergies.
3. Service and Maintenance: Comprehensive warranty and post-warranty service including repairs, safety technical inspections (BTK), regular technical check-ups, remote diagnostics, and device modernization. Service provided by certified technicians trained at manufacturers.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels3 records

Core offering

TIMED distributes medical devices, special medical materials, diagnostic equipment, and medical nutrition products from leading global manufacturers (Abbott, Medtronic, Johnson & Johnson, Cardinal Health, Dräger, Siemens Healthineers, Nutricia/Danone, Vitaflo/Nestlé, and others) to Slovak healthcare institutions, university and faculty hospitals, cardio institutes, and pharmacies. The company also provides comprehensive warranty and post-warranty servicing, repairs, and safety technical inspections (BTK) for the devices it supplies.

Product overview

TIMED is a medical device and equipment distributor serving healthcare institutions in Slovakia, founded in 1990. Its product portfolio consists of three main pillars: (1) Medical Devices — organized into Surgical Divisions (pacemakers, defibrillators, vascular prostheses, surgical suture material, staplers, laparoscopic instruments, stents, and general surgical instrumentation) and Non-Surgical Divisions (diabetology including Abbott's FreeStyle Libre continuous glucose monitoring sensors and GlucoStep hypoglycemia products, laboratory and point-of-care diagnostics/analyzers from Dialab/Siemens/GenyUse, and general medical instrumentation); (2) Medical Nutrition / Dietetics — special medical-purpose foods for metabolic disorders, phenylketonuria, cystic fibrosis, gastrointestinal diseases, and food allergies, distributed from Danone/Nutricia and Vitaflo/Nestlé Health Science; and (3) a Service Center providing comprehensive warranty and post-warranty servicing, safety inspections (BTK) using FLUKE ESA 620 Medical equipment, and remote diagnostics via TeamViewer for medical devices supplied by TIMED.

Differentiator

Problem solved

Functional benefit

Products and services

• Surgical Divisions — Medical Devices Distribution of surgical medical devices and instrumentation including pacemakers, defibrillators, vascular prostheses, surgical suture material, staplers, laparoscopic instruments, and stents from manufacturers such as Cardinal Health, Johnson & Johnson MedTech (DePuy Synthes, Biosense Webster), Medline, Medtronic, Molnlycke, Solventum, Spectrum Medical, and Vygon. Sold to Slovak hospitals, cardio institutes, and surgical centers.
• Non-Surgical Divisions — Medical Devices Distribution of non-surgical medical devices and diagnostic equipment covering diabetology (glucometers, FreeStyle Libre continuous glucose monitoring sensors), diagnostics (analyzers, self-tests/quick tests), and general instrumentation from manufacturers including Abbott Diabetes Care, Dialab, Siemens Healthineers, GenyUse, CNSystems, Dräger, MagVenture, Medtronic, Molnlycke, Natus, Medline, Cardinal Health, and others. Sold to Slovak hospitals and pharmacies.
• Medical Nutrition (Dietetics) Distribution of special medical-purpose dietary foods from Danone (Nutricia) and Vitaflo (Nestlé Health Science) for conditions including phenylketonuria, metabolic disorders, organic acidemias, gastrointestinal diseases, and food allergies. Supplied to both pediatric and adult patients via hospitals, pharmacies, and specialty dispensaries in Slovakia.
• Service Center Comprehensive warranty and post-warranty servicing, repairs, and safety and technical inspections (BTK) for delivered medical devices. Includes manufacturer-certified technicians, FLUKE ESA 620 Medical safety testing, customer alerts before BTK expiration, remote diagnostics via TeamViewer, full service-intervention archiving, and device modernization and upgrade services. Sold to Slovak healthcare institutions as a contracted service.
• FreeStyle Libre Sensor Distribution Exclusive distribution in Slovakia of Abbott's FreeStyle Libre sensor technology for continuous glucose monitoring, including the dedicated FreeStyle Libre dispensary in Bratislava serving patients and pharmacies.

Quantifiable outcome

• 35+ years of reliable partnership with healthcare institutions
• +2 more outcomes

Named customers9 records

Segments3 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Feature3 records

Partnerships

25 partnerships are on record, tiered core, major and minor.

• Abbott Diabetes CarecoreChannel Partner/ Reseller/ DistributorTIMED is the exclusive distributor of all Abbott Diabetes Care products in Slovakia, including glucometers, consumables, and the revolutionary FreeStyle Libre sensor technology for continuous glucose monitoring.
• MedtroniccoreChannel Partner/ Reseller/ DistributorTIMED distributes Medtronic medical devices and equipment in Slovakia, serving healthcare institutions with cardiovascular and other medical technology products.
• Johnson & Johnson MedTech (DePuy Synthes, Biosense Webster)coreChannel Partner/ Reseller/ DistributorTIMED distributes Johnson & Johnson MedTech products including DePuy Synthes surgical devices and Biosense Webster electrophysiology products in Slovakia.
• Cardinal HealthcoreChannel Partner/ Reseller/ DistributorTIMED distributes Cardinal Health medical products and supplies in the Slovak market.
• DrägermajorChannel Partner/ Reseller/ DistributorTIMED distributes Dräger medical equipment including anesthesia and monitoring systems in Slovakia.
• Siemens HealthineerscoreChannel Partner/ Reseller/ DistributorTIMED distributes Siemens Healthineers laboratory diagnostics products and medical equipment in Slovakia.
• MedlinemajorChannel Partner/ Reseller/ DistributorTIMED distributes Medline medical supplies and consumables in Slovakia.
• VygonmajorChannel Partner/ Reseller/ DistributorTIMED distributes Vygon medical devices including vascular access and critical care products in Slovakia.
• MolnlyckemajorChannel Partner/ Reseller/ DistributorTIMED distributes Molnlycke medical surgical products and solutions in Slovakia.
• SolventummajorChannel Partner/ Reseller/ DistributorTIMED distributes Solventum medical products in Slovakia.
• Spectrum MedicalmajorChannel Partner/ Reseller/ DistributorTIMED distributes Spectrum Medical products in Slovakia.
• NatusmajorChannel Partner/ Reseller/ DistributorTIMED distributes Natus medical equipment including neurodiagnostic products in Slovakia.
• Nutricia (Danone)coreChannel Partner/ Reseller/ DistributorTIMED distributes Nutricia medical nutrition products from Danone in Slovakia, including products for metabolic disorders.
• Vitaflo (Nestlé Health Science)coreChannel Partner/ Reseller/ DistributorTIMED distributes Vitaflo specialized medical nutrition products from Nestlé Health Science in Slovakia for conditions like phenylketonuria and metabolic disorders.
• CNSystemsmajorChannel Partner/ Reseller/ DistributorTIMED distributes CNSystems medical diagnostic equipment in Slovakia.
• DialabmajorChannel Partner/ Reseller/ DistributorTIMED distributes Dialab diagnostics and analyzers in Slovakia.
• GenyUsemajorChannel Partner/ Reseller/ DistributorTIMED distributes GenyUse diagnostic products in Slovakia.
• MagVenturemajorChannel Partner/ Reseller/ DistributorTIMED distributes MagVenture medical equipment in Slovakia.
• SanimatmajorChannel Partner/ Reseller/ DistributorTIMED distributes Sanimat medical products in Slovakia.
• SanolabminorChannel Partner/ Reseller/ DistributorTIMED distributes Sanolab products in Slovakia.
• MTEmajorChannel Partner/ Reseller/ DistributorTIMED distributes MTE products in Slovakia, including diabetes care supplies.
• SIOTmajorChannel Partner/ Reseller/ DistributorTIMED distributes SIOT medical products in Slovakia.
• Zeiss (Microscopy)majorChannel Partner/ Reseller/ DistributorTIMED distributes Zeiss microscopy products in Slovakia.
• IEM AllergymajorChannel Partner/ Reseller/ DistributorTIMED distributes IEM Allergy products in Slovakia for food allergy management.
• Kardio MD (Podcast)minorGTM or Marketing PartnerTIMED serves as general partner of the Kardio MD podcast dedicated to cardiology professionals, providing educational content and brand visibility in the medical community.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Cardinal Health: Global medical products and pharmaceutical distributor and manufacturer. One of TIMED's core principals (Cardinal Health distributes medical products through TIMED in Slovakia); comparable as a broad medical distribution incumbent whose products flow through smaller CEE distributors like TIMED.
• Drägerwerk: German global manufacturer of medical and safety technology, including anesthesia and monitoring systems. One of TIMED's major principals; relevant comparable as a global medical device incumbent whose CEE sales rely on local distribution partners like TIMED.
• Hartmann Group: German medical and hygiene products manufacturer and distributor with broad hospital consumables and wound care portfolio. Comparable to TIMED's consumables and post-surgical product lines, and relevant as a European incumbent whose products move through CEE distributors.
• Mölnlycke Health Care: Swedish global medical solutions company specializing in wound care and surgical solutions. One of TIMED's named distribution principals; comparable as a broad medical device incumbent whose Slovak market presence runs through TIMED.

Direct peers

• MEDICOM Group: Hungarian-headquartered medical device and pharmaceutical distributor with operations across Central Europe. Comparable to TIMED as a regional multi-principal medical products distributor with hospital and pharmacy channel coverage.
• Promedica Praha Group: Czech medical device and healthcare products distributor with a portfolio of specialty medical device lines and direct hospital sales. Comparable to TIMED as a CEE specialty medical distributor serving institutional healthcare customers.
• INTERMED: Slovak medical device and supplies distributor serving healthcare institutions in Slovakia. Comparable to TIMED as a domestic competitor with overlapping specialty coverage and similar B2B hospital sales motion.
• HOSPIMED: Czech Republic-based medical device and equipment distributor serving hospitals and healthcare facilities across Central Europe. Closely comparable to TIMED as a multi-specialty medical device distributor with service capabilities and a similar portfolio of European and global manufacturer partnerships.
• MEDESA: Czech medical device and equipment distributor serving healthcare facilities. Comparable to TIMED as a Central European specialty medical device distributor with similar B2B institutional go-to-market.
• BATIST Medical: Czech medical supplies and devices distributor with a portfolio of wound care, surgical, and consumable products serving hospitals. Comparable to TIMED's Medical Consumables division and broader multi-line distribution model.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/timed-s.r.o.

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

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 TIMED