International Track 200

Spectrum’s Quantum range of perfusion systems have been used to treat critically ill Covid-19 patients, particularly in America and Germany. Specialist cardiac hospitals in more than 60 countries use its devices. The business, based in Gloucester, has an American headquarters in South Carolina and an Italian business supplying disposable sterile products. Co-founder and chief executive Steve Turner, 61, grew overseas sales — accounting for almost all revenues — to £32.8m in 2019. He expects sales of £120 million in 2021.

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Company details
Year2021
Rank25
CompanySpectrum Medical
ActivityMedical device developer
LocationGloucester
2-yr av intl sales growth pa93.18%
International sales £000s32,774
Total sales £000s33,128
Staff173
Founded2006
Websitewww.spectrummedical.com

If applicable:

* Supplied by company † Annualised figure