Inc. magazine today revealed that 3B Medical joined the Inc. 5000 list, the most prestigious ranking of the nation’s fastest-growing private companies. The list represents a unique look at the most successful companies within the American economy’s most dynamic segment—its independent small businesses. Microsoft, Dell, Domino’s Pizza, Pandora, Timberland, LinkedIn, Yelp, Zillow, and many other well-known names gained their first national exposure as honorees on the Inc. 5000.
“3B Medical is honored to join the list of the fastest growing companies in America. Our high year over year growth rate reflects our commitment to designing innovative new medical devices to service respiratory and sleep patients. 3B Medical designs and manufactures a full complement of products in the sleep, oxygen and disinfection product spaces. One of 3B Medical’s strengths is its speed to market on devices that meet the actual needs of patients. With a substantial new product pipeline, 3B Medical intends to continue its climb upward on the Inc 5000 list,” said Alex Lucio, CEO of 3B Medical.
Not only have the companies on the 2019 Inc. 5000 been very competitive within their markets, but the list as a whole shows staggering growth compared with prior lists. The 2019 Inc. 5000 achieved an astounding three-year average growth of 454 percent, and a median rate of 157 percent. 3B Medical weighed in with an impressive three-year growth of 311%.
“The companies on this year’s Inc. 5000 have followed so many different paths to success,” says Inc. editor in chief James Ledbetter. “There’s no single course you can follow or investment you can take that will guarantee this kind of spectacular growth. But what they have in common is persistence and seizing opportunities.”
Source: 3B Medical