Avanos Medical, Inc. Basic Information, Manufacturing Base, Sales Area, and Its Competitors
Sr. No. |
Item |
Description |
1 |
Company Name |
Avanos Medical, Inc. |
2 |
Website |
www.avanos.com |
3 |
Established Date |
2014 |
4 |
Headquartered |
USA |
5 |
Market Position/ History |
Avanos Medical, Inc. was established in 2014, as company completed spin off as Halyard Health. In 2016, the company acquired Copra Med Systems. In 2017, the company announced divestiture of S&IP business to Owens & Minor. In 2018, the company rebranded as Avanos Medical Inc. |
6 |
Sales Area |
Worldwide |
7 |
No. of Employees |
3,771 December 31, 2023 |
8 |
Competitors |
|
9 |
Ownership Type |
Public |
10 |
Contact Information |
5405 Windward Parkway Alpharetta, Georgia, the US 30004 Tel: 022-68264700 |
Business Segment/ Overview:
Avanos Medical Inc. is a medical device company focuses on development and sale of innovative radio-frequency system and its components. The company portfolio operates through two solutions such as chronic pain, and cooled radio frequency products. The digestive health division offers enteral access system and enteral feeding system. These cooled RF system used for treating pain in cervical, thoracic, lumbar, sacroiliac, hip, knee and other.
Digestive Health is a portfolio of products such as MIC-KEY enteral feeding tubes, Corpak patient feeding solutions and NeoMed neonatal and pediatric feeding solutions.
Pain Management and Recovery is a portfolio of products including:
• Surgical pain and recovery products such as ON-Q and ambIT surgical pain pumps and Game Ready cold and compression therapy systems
• Interventional pain solutions, which provide minimally invasive pain relief therapies, such as the Coolief pain therapy, OrthogenRx’s knee osteoarthritis HA pain relief injection products and Diros’ RFA products used to treat chronic pain conditions.
Radiofrequency Ablation for Pain Management Product Types Specification
Product |
Product Description |
AVANOS RFA Generator |
The Avanos RFA Generator is designed for intuitive use. The RFA system is comprised of a newly designed 80-Watt RFA generator, quad pump and therapy cables. The system enables physicians to perform a full spectrum of RFA procedures, including cooled, tined, conventional, pulsed, dual-bi-polar, and transdiscal. The Avanos RFA Solutions Generator provides users with innovation-driven features including:
|
Reusable & Single-Use RF Probes |
Standard RF probes come in a variety of lengths and gauges. The reusable probes are color-coded for gauge identification and can be steam sterilized. The disposable, sterile, single-use probes are available in a variety of lengths and gauges and feature a connector cable of sufficient length to remain out of the sterile field. Available in 18-, 20-, 21- and 22-gauge diameter Available lengths – 50mm, 54mm, 100mm, 145mm, 200mm Color coded for identification. Matching probes with matching size cannula |
Radiofrequency Probe Kits |
Pain management probe kits include:
|
Recent Developments:
Year |
Latest News |
June 30, 2023 |
Avanos Medical Inc. entered into agreement with Diros Technology, a leader in RF technology for treatment of knee Osteoarthritis (OA) Avanos Medical, Inc. entered into a definitive agreement to acquire Diros Technology Inc., a leading manufacturer of innovative radiofrequency (RF) products used to treat chronic pain conditions. The addition of Diros’ unique RF Trident™ technology is expected to further enhance Avanos’ pain management treatment options and complement its premium COOLIEF* Cooled Radiofrequency product offering. |
Business Strategy
Avanos Medical Inc., a medical technology company headquartered in Alpharetta, Georgia, focuses on delivering clinically superior solutions that improve patient outcomes and reduce healthcare costs. The company’s core strategy centers around specialization in two primary business segments: Chronic Care and Pain Management, with an emphasis on innovation, portfolio optimization, and strategic acquisitions to enhance its product offerings and market presence.
Avanos targets specific high-need areas in healthcare rather than a broad, generalized medical device approach. In Chronic Care, the company offers products like enteral feeding tubes and closed suction systems, which are critical for infection prevention and nutrition therapy. Their CORFLO nasogastric and nasojejunal feeding tubes exemplify this focus, catering to ICU and long-term care patients. In Pain Management, they offer non-opioid alternatives like the ON-Q pain relief system, which provides continuous postoperative pain control, reducing opioid dependency an increasingly important area due to the global opioid crisis.
Avanos prioritizes R&D and clinical evidence to support the safety and efficacy of its products. A good example is the company's Coolief Cooled Radiofrequency (RF) Treatment*, a non-opioid therapy for chronic knee and hip pain due to osteoarthritis. This product demonstrates their strategic intent to bring advanced, evidence-based solutions that can be integrated into value-based care models.
Avanos has made calculated acquisitions to strengthen its product pipeline and global reach. In 2018, it acquired CoolSystems, Inc., known for the Game Ready line of products, expanding its pain management solutions to include cold and compression therapy. Conversely, the company divested its Surgical & Infection Prevention (SIP) business in 2021 to sharpen focus on higher-margin, growth-oriented segments. This realignment allowed Avanos to invest more heavily in core areas aligned with long-term growth strategies.
Avanos integrates environmental, social, and governance (ESG) principles into its business strategy, recognizing the growing importance of corporate responsibility in healthcare. The company’s compliance and quality systems are tightly aligned with regulatory requirements, such as FDA and EU MDR guidelines, ensuring consistent product quality and safety.
Author's Detail:
Sneha Mali /
LinkedIn
Sneha Mali is a research analyst working in various domains including the Consumer Goods, market research and transport & logistics and her primary responsibility is to conduct thorough research on various subjects and provide valuable insights to support client requirements. Her knowledge of research methodologies, and data mining which enables me to analyze large data sets, draw meaningful conclusions, and communicate them effectively.Sneha stay up-to-date with the latest research trends, methodologies, and technologies to ensure that her research is accurate, relevant, and impactful.
In her current role, Sneha is committed to continuous learning and staying abreast of emerging trends in research methodologies. Regular participation in workshops, webinars, and industry conferences ensures that her skills remain sharp and relevant. She have demonstrated ability to transform complex data sets into clear and concise narratives that inform key business strategies. Collaborating with cross-functional teams.Sneha remains an invaluable asset in the dynamic landscape of market research.