Zeltiq Named Top Medical Devices Company in Deloitte's Technology Fast 500™

11/17/2014

Ranked among the top 25 companies in Deloitte's Technology Fast 500™ ranking of the 500 fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America, Zeltiq Aesthetics, Inc. is the top ranked medical devices company. Zeltiq, marketer of the CoolSculpting system, grew 6,934 percent during the observed period from 2009-2013.
Mark Foley, President and Chief Executive Officer of ZELTIQ, said in a statement, “Our first place ranking can be directly attributed to the clinical efficacy of our unique CoolSculpting technology in conjunction with our commercialization strategy.  Our focus on outcomes through our industry leading sales force, enhanced training and education, and innovative marketing programs have resulted in our market leading revenue growth.  We are excited about the incredible uptake and success of the company's performance and to have pioneered non-invasive body contouring, the fastest growing segment in aesthetics. In fact, nearly 1.5 million CoolSculpting treatments have been successfully performed worldwide.  This year alone, 150,000 patients will experience the unique, FDA-cleared and patented technology behind our procedure that uses precise cooling to target fat cells, freezing them away for good.  We will continue to invest in the initiatives that contributed to our top ranking and are encouraged by our ability to expand and grow the large, underpenetrated market for noninvasive fat reduction.”
  “The companies ranked on the 2014 Deloitte Technology Fast 500 continue to set the bar for their industry higher each year,” Eric Openshaw, vice chairman, Deloitte LLP and U.S. technology, media and telecommunications leader, said in a statement from Zeltiq.  “There are so many exciting products and smart thought leaders driving this list. We congratulate the Fast 500 companies and look forward to seeing them continue their momentum into 2015.”
  “For 20 years, the Deloitte Fast 500 rankings have honored the innovation that is part of these companies' DNA,” added Jim Atwell, national managing partner of the emerging growth company practice, Deloitte & Touche LLP. “We're glad to be serving these high-growth companies, and helping the technology sector recognize the great strides and transformation these companies are making in their respective areas.”
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