NeuroMetrix, Inc. (NURO) - Financial and Strategic SWOT Analysis Review

Summary

NeuroMetrix, Inc. (NeuroMetrix) is a medical device company that focuses on the development of home use and point-of-care devices for the management of chronic pain, peripheral neuropathies, and associated neurological disorders. It offers two product lines: Wearable neurostimulation devices and Point-of-care neuropathy tests. It major products include SENSUS pain management system, NC-stat DPNCheck point-of-care neuropathy testing device and ADVANCE NCS platform for nerve conduction studies and invasive electromyography procedures. The company’s products are developed on its proprietary non-invasive neurostimulation technology. The company’s customers include physicians, clinics, hospitals, managed care organizations, retail health businesses, and durable medical equipment (DME) suppliers. The company markets its products through distributors in the US, Europe, Asia, and the Middle East. NeuroMetrix is headquartered in Waltham, Massachusetts, the US.

The company intends to enhance its presence in medical device and consumer electronics markets. In line with this strategy, NeuroMetrix launched Quell wearable pain relief device. With this addition, the company seeks to expand its presence in the international market.

NeuroMetrix, Inc. Key Recent Developments

Oct 22, 2015: NeuroMetrix Reports Q3 2015 Financial Results and Highlights
Jul 22, 2015: NeuroMetrix Reports Q2 2015 Financial Results and Highlights
Apr 21, 2015: NeuroMetrix Reports Q1 2015 Financial Results and Highlights

This comprehensive SWOT profile of NeuroMetrix, Inc. provides you an in-depth strategic analysis of the company’s businesses and operations. The profile has been compiled by GlobalData to bring to you a clear and an unbiased view of the company’s key strengths and weaknesses and the potential opportunities and threats. The profile helps you formulate strategies that augment your business by enabling you to understand your partners, customers and competitors better.

This company report forms part of GlobalData’s ‘Profile on Demand’ service, covering over 50,000 of the world’s leading companies. Once purchased, GlobalData’s highly qualified team of company analysts will comprehensively research and author a full financial and strategic analysis of NeuroMetrix, Inc. including a detailed SWOT analysis, and deliver this direct to you in pdf format within two business days. (excluding weekends).

The profile contains critical company information including*,

- Business description – A detailed description of the company’s operations and business divisions.
- Corporate strategy – Analyst’s summarization of the company’s business strategy.
- SWOT Analysis – A detailed analysis of the company’s strengths, weakness, opportunities and threats.
- Company history – Progression of key events associated with the company.
- Major products and services – A list of major products, services and brands of the company.
- Key competitors – A list of key competitors to the company.
- Key employees – A list of the key executives of the company.
- Executive biographies – A brief summary of the executives’ employment history.
- Key operational heads – A list of personnel heading key departments/functions.
- Important locations and subsidiaries – A list and contact details of key locations and subsidiaries of the company.
- Key manufacturing facilities – A list of key manufacturing facilities of the company.
- Detailed financial ratios for the past five years – The latest financial ratios derived from the annual financial statements published by the company with 5 years history.
- Interim ratios for the last five interim periods – The latest financial ratios derived from the quarterly/semi-annual financial statements published by the company for 5 interims history.

Note*: Some sections may be missing if data is unavailable for the company.

Key benefits of buying this profile include,

You get detailed information about the company and its operations to identify potential customers and suppliers.
- The profile analyzes the company’s business structure, operations, major products and services, prospects, locations and subsidiaries, key executives and their biographies and key competitors.

Understand and respond to your competitors’ business structure and strategies, and capitalize on their weaknesses. Stay up to date on the major developments affecting the company.
- The company’s core strengths and weaknesses and areas of development or decline are analyzed and presented in the profile objectively. Recent developments in the company covered in the profile help you track important events.

Equip yourself with information that enables you to sharpen your strategies and transform your operations profitably.
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- Key elements such as SWOT analysis, corporate strategy and financial ratios and charts are incorporated in the profile to assist your academic or business research needs.

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