Verified Nov 2026
Other
·
Adelaide, South Australia
·
Since 2011
Saluda Medical is a commercial-stage medical device company founded in 2011 and headquartered in Adelaide, South Australia, with its U.S. operations based in Bloomington, Minnesota. It has an estimated 500 to 1,000 employees and an estimated revenue band of $10 to $50 million. The company makes neuromodulation systems, including the Evoke System, a closed-loop spinal cord stimulation device for chronic pain. In June 2026 it received U.S. FDA approval for its CAP24 surgical paddle lead, and its products serve the medical sector.
Saluda Medical at a glance
Revenue
$10-50M
Est. band
Employees
500-1,000
Founded
2011
Headquarters
Adelaide, South Australia
Industries
Automotive
Electric Vehicles
Medical
Industrial Equipment
Overview
Saluda Medical is a commercial-stage medical device company founded in 2011 and headquartered in Adelaide, South Australia, with its U.S. operations based in Bloomington, Minnesota. It has an estimated 500 to 1,000 employees and an estimated revenue band of $10 to $50 million. The company makes neuromodulation systems, including the Evoke System, a closed-loop spinal cord stimulation device for chronic pain. In June 2026 it received U.S. FDA approval for its CAP24 surgical paddle lead, and its products serve the medical sector.
At a glance
Attribute | Detail |
|---|---|
Founded | 2011 |
Headquarters | Adelaide, South Australia |
Employees | 500-1,000 |
Revenue | $10-50M (estimated) |
What Saluda Medical makes
The company's Evoke System uses evoked compound action potentials to adjust spinal cord stimulation therapy in real time, and its CAP24 paddle lead received U.S. FDA approval in June 2026.
Products and capabilities described on the company's own site include LED (source: saludamedical.com).
Latest developments
2026-10-06 — Saluda Medical Expands Access to First and Only FDA-Approved Closed-Loop Surgical Paddle Lead with Full US Commercial Release of CAP24™ - Saluda Medical US (saludamedical.com)
2026-07-16 — Saluda Medical Announces First U.S. Surgical Cases Using Newly Approved CAP24™ Paddle Lead - Saluda Medical US (saludamedical.com)
2026-06-30 — Saluda Medical Receives U.S. FDA Approval for New CAP24™ Surgical Paddle Lead - Saluda Medical US (saludamedical.com)
2026-01-27 — Saluda’s Q2 Revenue Climbs 20% to US$21 Million Post-IPO (middle.news)
2026-01-08 — Saluda Medical Receives Regulatory Approval for EVA™ Sensing Technology in Europe with recognition in Australia - Saluda Medical US (saludamedical.com)
2025-12-09 — Saluda Medical Raises $150M USD to Fuel Growth Following ASX IPO - Saluda Medical US (saludamedical.com)
Company details
Saluda Medical is privately held according to the record, and its products are used in the treatment of chronic intractable pain, including failed back surgery syndrome and neuropathic pain. Saluda Medical was founded in 2011, has an estimated 500-1,000 employees, and is headquartered in Adelaide, South Australia.
Frequently asked questions
What does Saluda Medical do?
Saluda Medical is a commercial-stage medical device company founded in 2011 and headquartered in Adelaide, South Australia, with its U.S. operations based in Bloomington, Minnesota. It has an estimated 500 to 1,000 employees and an estimated revenue band of $10 to $50 million. The company makes neuromodulation systems, including the Evoke System, a closed-loop spinal cord stimulation device for chronic pain. In June 2026 it received U.S. FDA approval for its CAP24 surgical paddle lead, and its products serve the medical sector.
Where is Saluda Medical headquartered?
Saluda Medical is headquartered in Adelaide, South Australia (Florida Ct, Adelaide, South Australia, 5041).
When was Saluda Medical founded?
Saluda Medical was founded in 2011.
How big is Saluda Medical?
Saluda Medical has an estimated 500-1,000 employees, with revenue in the $10-50M range (estimated).
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Last verified Nov 2026. Is this your company? Request a correction.
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