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Saluda Medical

Leader

Saluda Medical is the pioneer of closed-loop spinal cord stimulation (SCS); FDA-approved Evoke SCS system with real-time neural feedback; raised $100M in Jan 2025; received FDA clearance for automated EVA programming platform.

Best for: Neuromodulation & Spinal Cord StimulationMarket leader
Life Sciences & BioTechNeuromodulation & Spinal Cord StimulationWebsiteUpdated May 2026

Company Overview

About Saluda Medical

Saluda Medical is a commercial-stage medical device company that has pioneered closed-loop neuromodulation therapy for chronic pain management. Headquartered in Macquarie Park, Australia (with US operations in Marlborough, Massachusetts), Saluda''s flagship product is the Evoke Spinal Cord Stimulation (SCS) System — the world''s first SCS system that senses and measures neural responses to stimulation (evoked compound action potentials, or ECAPs) and automatically adjusts therapy in real time based on each patient''s neurophysiological feedback. This closed-loop approach provides more precise, consistent pain relief compared to conventional open-loop SCS systems.

Business Model & Competitive Advantage

In January 2025, Saluda received US FDA approval for EVA, its biomarker-based automated patient programming platform for SCS, which autonomously scans and analyzes a patient''s neural responses to optimize therapy settings — reducing the burden on both clinicians and patients during programming. Simultaneously, the company closed $100 million in new financing to accelerate commercialization of the Evoke system in the US. At the 2025 North American Neuromodulation Society (NANS) Annual Meeting, Saluda presented 11 abstracts and four oral presentations, two of which received Top Oral Abstract awards, including new 36-month efficacy data for the Evoke system.

Competitive Landscape 2025–2026

Saluda competes in the SCS market against Medtronic, Boston Scientific, Abbott, and Nevro. Its differentiation lies in the ECAP-based closed-loop control system, which is protected by an extensive patent portfolio. The company targets the estimated 1.5 million patients with chronic intractable back and leg pain who are candidates for SCS therapy in the US alone.

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Key Differentiators

Market Leader

Saluda Medical is recognized as a market leader in the Life Sciences & BioTech sector, demonstrating strong industry presence and customer trust.

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