Apyx Medical Corp designs, develops, manufactures, and sells electrosurgical equipment and medical devices, with a particular focus on its helium plasma technology platform. The company serves both OEM customers and physicians in the surgical aesthetics market, where it markets devices used in cosmetic and certain surgical procedures. Its product set has expanded from core generators and handpieces to newer systems such as the Apyx One Console and the Renuvion Micro Handpiece. Apyx also manufactures products for third-party medical device companies under OEM agreements, including a long-term supply arrangement with Symmetry Surgical. The business is centered in the United States but operates with international manufacturing and distribution support, including production in Bulgaria and sales outside the U.S.
−11,0 %
62,5 %
−21,2 %
+9,9 %
5.00
4.26
| % | |
|---|---|
| Surgical Aesthetics Systems | 55% Energy-based devices and consoles used by plastic, cosmetic, and related surgeons for soft tissue contraction and aesthetic procedures. |
| OEM Manufacturing | 25% Generators, devices, and accessories produced for third-party medical device manufacturers under supply agreements. |
| Handpieces and Consumables | 15% Single-use or procedure-linked handpieces and accessories used with the company's energy platforms. |
| Other Specialty Surgical Products | 5% Opportunistic specialty products sold to niche medical device customers outside the core aesthetics focus. |
Apyx sells primarily to physicians and surgeons in cosmetic and surgical aesthetics, especially plastic and cosmetic...
Buy consoles, handpieces, and accessories for elective aesthetic procedures because the technology supports their practice mix and procedure economics.
Purchase generators, devices, and accessories under supply agreements to outsource production and access Apyx's electrosurgical expertise.
Use Apyx for energy-based design and manufacturing support when they need a development partner with electrosurgical know-how.
Buys or resells products into non-U.S. markets to extend the reach of the surgical aesthetics platform.
Apyx is headquartered in the United States and manufactures most of its products in Clearwater, Florida, while also...
Apyx is prioritizing its Surgical Aesthetics segment, where management believes the market is larger and margins are...
This is the company's core growth engine and the segment management believes offers the best margin profile.
New devices expand use cases, improve usability, and help defend the platform against competing energy-based systems.
Management expects OEM revenue to decline as the company reallocates resources to higher-value aesthetics opportunities.
Apyx faces demand risk because a large part of its business depends on discretionary cosmetic and aesthetic procedures,...
The core Surgical Aesthetics business depends on elective spending by patients and physician purchasing decisions, which are sensitive to macro conditions.
New products and expanded indications require regulatory success before commercialization, so delays can defer revenue and increase development expense.
The company relies on outsourced components and single-source suppliers, which can interrupt manufacturing and customer fulfillment.
A key manufacturing facility is located in a weather-exposed region, creating operational and inventory risk.
OEM customers have no legal obligation to continue purchasing after development, making this revenue stream less durable.
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: 11/08/2026