The medical device contract manufacturing sector is populated by a diverse group of companies, ranging from large, multi-industry electronics manufacturing services (EMS) providers with dedicated healthcare divisions to highly specialized pure-play medical device manufacturers.
The leading players distinguish themselves through their extensive capabilities, global reach, technological sophistication, and ability to offer comprehensive, integrated solutions that extend beyond traditional manufacturing. This evolution towards a Contract Development and Manufacturing Organization (CDMO) model is a defining characteristic of the top-tier players, enabling them to act as strategic partners rather than mere production facilities. Acquisitions frequently serve as a primary strategy for these companies to expand their service offerings, acquire niche expertise, and strengthen their competitive positioning in high-growth segments.
Top 15 Global Medical Device Contract Manufacturers – Key Data Points
Company Name |
Headquarters Location |
Year Established |
Revenue Range (Most Recent) |
Core Manufacturing Capabilities & Specialized Expertise |
Geographic Manufacturing Footprint |
Notable Recent Acquisitions/Strategic Partnerships (Last 3 Years) |
Jabil Inc. |
St. Petersburg, Florida, U.S. |
1966 |
$28.88B (2024) |
Design, NPI, tooling, injection molding, robotics, supply chain, CDMO (aseptic filling, lyophilization, oral solid dose), precision automation (motion control, inspection, robotic integration) |
Americas (US, PR, DR, MX), Europe (CH, IE, DE, HR, AT), Asia (JP, SG, CN) |
Acq. Pharmaceutics International, Inc. (2025), Strategic collab. with MIS (2025), Acq. Retronix (2023) |
Flex Ltd. |
Austin, Texas, U.S. |
1969 |
$26.42B (2024) |
End-to-end supply chain, design/engineering, advanced automation/robotics, precision plastics (injection molding), vertical integration (electronics assembly, components, systems integration), NPI, human factors engineering, reverse logistics |
Global (21 medical sites across 13 countries in 4 regions) |
Opened new NPI center near Boston (2025) |
Celestica Inc. |
Toronto, Ontario, Canada |
1994 |
$9.65B (2024) |
Product lifecycle solutions (design, NPI, automated/clean room manufacturing, complex system assemblies, finished devices, supply chain, after-market services) |
Global (FDA-registered, ISO 13485 certified sites) |
Acq. NCS Global (2024), Partnership with Respiratory Motion, Inc. |
Sanmina Corporation |
San Jose, California, U.S. |
1980 |
$7.69B (2024) |
Design, manufacturing & repair (electronics, mechatronics, fluidics), automated production lines, vertical integration (components, PCBs, PCBA, systems), NPI, repair/refurbishment |
Global (ISO 13485, FDA registered facilities in major regions, 25 countries) |
Acq. ZT Systems’ data center infrastructure manufacturing (2025) |
Integer Holdings Corporation |
Plano, Texas, U.S. |
1970 |
$1.73B (TTM) |
Advanced medical device design & outsourcing, full product development, molding, machining, welding, coatings, rapid prototype, full device assembly, packaging, sterilization, battery pack design, vertically integrated supply chain |
Global (across 4 continents) |
Acq. Precision Coating (2025), VSi Parylene joined Integer |
Plexus Corp. |
Neenah, Wisconsin, U.S. |
1979 |
$980M (Q2 2025) |
End-to-end manufacturing solutions (design, development, NPI, manufacturing, supply chain, sustaining services, aftermarket), digital healthcare, IoMT, cybersecurity, fluidics, robotics, miniaturization |
Global (Americas, Asia-Pacific, EMEA, 26 facilities) |
No specific acquisitions mentioned |
Thermo Fisher Scientific Inc. |
Waltham, Massachusetts, U.S. |
2006 |
>$40B (Annual) |
Large volume liquid formulation/filling, lyophilization, biomarker assay development, antibody production, drug/TDM/ISD assay development, clinical chemistry reagents, lab automation instrumentation, logistics |
Global (multiple centers in US, DE, FR, FI, CN, EE) |
Plans to acq. Solventum’s purification/filtration business (2025), Acq. Olink (2024), $2B US investment (2025) |
Phillips-Medisize |
Hudson, Wisconsin, U.S. |
1964 |
>$1.6B (Annual) |
CDMO (design, molding, electronics, automation), R&D (inhalation therapies), advanced injection molding, assembly/packaging, drug/reagent handling, cable assemblies, lifecycle management, AI/data analytics, supply chain, quality/regulatory (MDR compliance, post-market) |
Global (US, Europe, Mexico, China, 30+ sites) |
Acq. Vectura Group Ltd. (2025) by parent Molex |
Viant |
Foxborough, Massachusetts, U.S. |
1968 |
>$1B (Annual) |
Vertically integrated (prototyping to full-scale), program management, materials expertise (metals, plastics, UHMWPE), extrusions, micro-molding, tooling, automation (robotics, machine learning, Industry 4.0), device assembly, finished device services (packaging, sterilization) |
Global (24 locations in US, CN, CR, FR, DE, MX, PR, UK) |
Acq. Knightsbridge Plastics (2024), Expansion in France (2021) |
West Pharmaceutical Services, Inc. |
Exton, Pennsylvania, U.S. |
1923 |
$2.89B (2024) |
Design & production of injectable pharmaceutical packaging/delivery systems, analytical testing (extractables, particle analysis), contract manufacturing (concept, prototyping, scale-up, molding, assembly, packaging, cleanroom), DFM |
North America, Europe (7 locations) |
$80M manufacturing expansion for diabetes/obesity (2025) |
Nipro Corporation |
Osaka, Japan |
1954 |
Not explicitly stated for CMO |
Contract manufacturing of drugs (new, generic), glass medical packaging, regenerative medicine products, medical device/pharmaceutical kits, injectables, oral/external preparations |
Japan, Vietnam, other overseas production facilities (Medical-Related, PharmaPackaging) |
No specific acquisitions mentioned |
Cirtec Medical |
Brooklyn Park, Minnesota, U.S. |
1987 |
$750M (2025) |
End-to-end product design/development/manufacturing, precision machining, stamping, coil winding, laser welding, active implantable device design, leads/IPG assembly, cleanroom, sterilization, Nitinol tubing, custom ASICs, thin-film circuits, complex catheters |
Global (US, CR, DE) |
Expanded Costa Rica operations (2025), Partnered with Resonant Link (2023), Acq. QMD™ Precision Components (2023), Partnered with Ilika (2023), Acq. Cardea Catheter Innovations (2021) |
Cogmedix |
West Boylston, Massachusetts, U.S. |
2008 (Cogmedix Inc.) |
>$3.2B (Parent Co. Coghlin Companies) |
Commercialization of FDA-compliant medical devices/consumables, laser/optically based technologies, surgical fiber, sterile consumables, Class 7 Clean Room, vertically integrated PCBA, Scaled Product Launch™ (SPL™), Infinite Capacity™ (24/7 production, aftermarket) |
US (MA), Global leader in manufacturing |
Strategic relationship with Dominion Aesthetic Technologies, Inc. (2020), Manufacturing agreement with Bionik Laboratories, Coghlin Companies combined engineering teams (2025) |
Tegra Medical |
Franklin, Massachusetts, U.S. |
2007 |
$750M (2025) |
End-to-end contract manufacturing, prototyping (GENESIS Tech Center®), quality management, assembly, packaging, sterilization, Swiss machining, multi-axis milling, injection molding, laser processing, precision grinding, wire/tube forming, EDM, Nitinol shape setting, Quick Wire & Tubing |
Global (US, CR, CH, MY, SG, CH) |
No specific acquisitions mentioned (Acquired by SFS Group AG in 2016) |
Nolato AB |
Torekov, Sweden |
1938 |
$0.91B (TTM) |
End-to-end development/manufacturing for drug delivery systems, advanced injection molding, high-precision/high-speed assembly, early-stage R&D, prototyping, flexible manufacturing (manual to automated), in-house tool development, Eco-Design principles |
Global (Europe, Asia, North America, FDA-registered, ISO 13485, cleanroom) |
Acq. P & P Technology Ltd (2023), Acq. Verktygsfirman Be-Må AB (2023) |
1. Jabil Inc. https://www.jabil.com/
Jabil Inc., headquartered in St. Petersburg, Florida, U.S., was established in 1966. As one of the largest global providers of healthcare manufacturing solutions, its annual revenue for 2024 was reported at $28.883 billion, with a fiscal year 2025 outlook of $27.9 billion.
Jabil offers comprehensive manufacturing capabilities and specialized expertise across the entire product lifecycle. This includes design, New Product Introduction (NPI), tooling, injection molding, robotics, and extensive supply chain solutions. The company demonstrates particular strength in complex vertical integration of technologies and process developments, especially for robotic-assisted surgery and minimally invasive devices. Its capabilities extend to precision automation solutions, encompassing motion control, precision alignment, inspection and testing, factory automation software, and robotic systems integration. Furthermore, Jabil has expanded its offerings to include CDMO services, covering early-stage, clinical, and commercial-volume aseptic filling, lyophilization, and oral solid dose manufacturing.
Jabil serves a broad spectrum of medical device segments, including general medical devices (minimally invasive, blood management, cardiology, patient monitoring, neurology, surgical tools, insulin pumps, chronic disease management platforms, autoinjectors for GLP-1 drugs), diagnostics (genomics, precision medicine, liquid biopsies), pharmaceutical solutions (drug development and delivery devices), consumer health (wearable devices, smart orthotics), and orthopedics (trauma, joints, spine, craniomaxillofacial (CMF)).
With a global manufacturing footprint, Jabil operates over 100 facilities in more than 25 countries. Its healthcare-specific locations span the Americas (e.g., New Mexico, North Carolina, Michigan, Puerto Rico, Dominican Republic, Tijuana), Europe (e.g., Switzerland, Ireland, Germany, Croatia, Austria), and Asia (e.g., Japan, Singapore, China).
Key differentiators for Jabil include its position as the largest global provider of healthcare manufacturing solutions, its end-to-end supply chain management, and its cutting-edge technology integration. The company emphasizes sustainable manufacturing practices and a deep domain expertise, fostering close collaboration through customer-centric teams. Its MedAccred Accreditation for Plastics Injection Molding in Puerto Rico and Baja, Mexico, further underscores its commitment to quality. Jabil’s focus on de-risking supply chains and Just-In-Time (JIT) deliveries provides a significant competitive advantage.
In terms of recent strategic activities, Jabil completed the acquisition of Pharmaceutics International, Inc. (Pii) in February 2025, a move designed to enhance its development and commercial production of autoinjectors, pen injectors, inhalers, and on-body pumps, marking its entry into the CDMO market. The company also established a strategic collaboration with Midwest Interventional Systems (MIS) to advance catheter design and development. Additionally, Jabil acquired Retronix in November 2023, enhancing its circular economy initiatives through the reclamation and refurbishment of electronic components. While specific OEM client names are not publicly disclosed, Jabil states it works with “leading medical brands” and “global OEMs”.
2. Flex Ltd. https://flex.com/
Flex Ltd., headquartered in Austin, Texas, U.S., was founded in 1969. The company reported an annual revenue of $26.415 billion for 2024, a 7.32% decline from 2023, which had revenue of $28.502 billion. Its fiscal year 2025 net sales were $25.8 billion.
Flex provides extensive end-to-end capabilities across the product lifecycle, encompassing user-centered design and engineering expertise, advanced manufacturing technology, and vertically-integrated solutions supported by a diverse supply chain network. Its core manufacturing capabilities include advanced automation and robotics, precision plastics (injection molding and mold fabrication), and a comprehensive manufacturing portfolio that covers tool making, Printed Circuit Board Assembly (PCBA), system integration, full device manufacturing, complex assembly, sterilization, and final packaging. Flex also offers human factors engineering, full design and development, New Product Introduction (NPI), and integrated reverse logistics and circular economy services.
The company serves a wide array of medical device segments, including medical equipment (e.g., laboratory diagnostics, life science systems, imaging systems, critical care, renal dialysis), medical devices and consumer health (e.g., blood glucose meters, diabetes management systems, wearable vital sign monitors, neural stimulators), and drug delivery products (e.g., injection pens, auto-injectors, transdermal patches, inhalers).
Flex boasts a substantial global manufacturing footprint, with over 100 facilities in more than 30 countries. Specifically, it operates 21 medical manufacturing sites across four regions and 13 countries, with numerous FDA-certified and ISO 13485:2016 certified facilities.
Key differentiators for Flex include its comprehensive end-to-end capabilities from concept to care, its extensive experience of over 35 years across FDA Class I, II, and III medical products, and its world-class quality management system. The company’s patient-centered design approach and its ability to accelerate innovation cycles are also notable competitive advantages.
In recent strategic developments, Flex opened a new NPI center near Boston, Massachusetts, in 2025, specifically dedicated to serving healthcare customers. While not direct medical device acquisitions, Flex has also expanded its overall manufacturing and critical power capabilities through acquisitions such as Anord Mardix, Crown Technical Systems, and JetCool Technologies between 2021 and 2025. These acquisitions strengthen its advanced manufacturing and power solutions, which can indirectly benefit medical device manufacturing requiring stable power and cooling. While specific OEM client names are not publicly known, Flex is a prominent partner in the industry.
3. Celestica Inc.
Celestica Inc., headquartered in Toronto, Ontario, Canada, was incorporated in 1994 as a subsidiary of IBM. The company reported an annual revenue of $9.646 billion for 2024, a 21.17% increase from 2023, and its Q1 2025 revenue reached $2.65 billion.
Celestica provides full product lifecycle solutions, encompassing design, manufacturing, and supply chain management for medical device companies. Its core manufacturing capabilities include product development and design engineering (supporting clinical trials, rapid prototyping, and NPI), advanced manufacturing with 24/7 automated and cleanroom capabilities for high-volume disposables, and complex system assemblies and integration (PCBA, High-Level Assembly (HLA), electromechanical systems, miniaturization, and microelectronics). The company also offers finished medical device manufacturing at FDA-registered sites with robust Quality Management Systems (QMS) and comprehensive product validation and testing. Post-production, Celestica provides supply chain optimization and after-market services, including returns, decontamination, refurbishment, repair, recovery, and recycling.
Celestica serves a diverse range of HealthTech market segments. These include surgical instruments (high-volume single-use and minimally invasive tools), patient monitoring devices (connected and preventative solutions), diagnostic imaging (PCB assemblies, sub-assemblies, and full system builds), neurostimulation, renal dialysis components, in-vitro diagnostics, dental equipment (dental radiology), and various robotics applications (diagnostic, surgical-assisted, rehabilitation, hospital delivery, telemedicine, prescription dispensing, and sanitation/disinfection).
The company maintains a global manufacturing footprint with FDA-registered and ISO 13485 certified sites worldwide, supported by a qualified supplier network that facilitates in-region support and localization. A notable facility is located in Valencia, Spain, which played a key role in a recent partnership.
Celestica’s key differentiators and competitive advantages stem from its extensive speed and expertise, boasting over 15 years of experience in Class II and Class III medical devices, from high-level assembly to finished goods. Its certified global capacity, supported by advanced manufacturing automation, ensures flawless execution. The company’s commitment to quality is paramount, with rigorous processes, pre-launch protocols, and best-in-class QMS standards that reduce approval times and prevent post-launch issues, offering full transparency through traceability and electronic Device History Records (eDHR). Furthermore, Celestica emphasizes a resilient supply chain, proactively managing challenges through market intelligence and predictive analytics.
In terms of recent strategic activities, Celestica acquired NCS Global in 2024, expanding its IT Asset Disposition (ITAD) and IT Asset Management (ITAM) service offerings, which enhances its overall lifecycle services and sustainability capabilities. The company also engaged in a notable partnership with Respiratory Motion, Inc., for the design and manufacturing of their next-generation ExSpiron 2Xi device, demonstrating its full turnkey solution capabilities with co-located design and manufacturing teams.
4. Sanmina Corporation
Sanmina Corporation, headquartered in San Jose, California, U.S., was founded in 1980. The company’s current trailing twelve-month (TTM) revenue is $7.84 billion USD, with an annual revenue of $7.69 billion USD for 2024. Its Q1 2025 revenue was $1.98 billion.
Sanmina provides comprehensive design, build, and service solutions for complete medical systems, equipment, and products. Its core manufacturing capabilities include design, manufacturing, and repair of systems involving complex technologies such as electronics, mechatronics, and fluidics. The company has extensive experience in automated manufacturing, producing tens of millions of disposable and personal medical monitoring and therapeutic devices annually on fully automated and semi-automated production lines. Sanmina’s vertical integration is a key strength, encompassing the manufacturing of precision machined components, enclosures, cable systems, PCBs, backplanes, RF and optical components, and PCBA assembly, all integrated into complete medical systems. It also offers repair and refurbishment services for complex medical systems.
Sanmina serves various medical device segments, including medical imaging (MRI, X-ray, Ultrasound, Nuclear Medicine), blood diagnostics, surgical robots, laboratory systems, pulse oximetry, telemedicine, blood glucose meters, personal use medical devices (wearable health monitors), and patient monitoring systems (hospital, portable, and in-home).
The company operates a global network of ISO 13485 certified and FDA registered medical manufacturing facilities, with New Product Introduction (NPI) and manufacturing capabilities in every major region worldwide. Sanmina’s operations span 25 countries across six continents.
Sanmina differentiates itself through its robust Quality Management System (QMS), which is ISO 13485 certified and 21 CFR Part 820 and Part 11 compliant. This system is developed centrally, deployed globally, and subjected to over 100 annual audits by the FDA, notified bodies, and customers, ensuring consistent quality and regulatory compliance. Its Manufacturing Execution System (MES) and Performance Excellence program ensure adherence to design specifications through parts traceability and forced process routing. The company also employs Lean Six Sigma for continuous improvement, maintains a dedicated Global QA/RA team, and leverages extensive automation expertise. Sanmina is recognized as a leader in direct order fulfillment, Build-to-Order (BTO)/Configure-to-Order (CTO) services, and the global repair and refurbishment of complex medical systems. Its three dedicated medical engineering design centers further enhance its competitive advantage in providing cost-effective, manufacturable designs.
In May 2025, Sanmina announced a definitive agreement to acquire the data center infrastructure manufacturing business of ZT Systems from AMD. While this acquisition is primarily focused on cloud and AI infrastructure, it significantly expands Sanmina’s overall manufacturing scale and advanced technology capabilities, which could indirectly benefit its medical device operations. Specific medical OEM client names are not publicly known.
5. Integer Holdings Corporation
Integer Holdings Corporation, headquartered in Plano, Texas, U.S., traces its legacy of cutting-edge medical device manufacturing and development back 80 years, with a founding year cited as 1970 or 1974. The company’s current trailing twelve-month (TTM) revenue is $1.73 billion USD, an increase from its 2023 revenue of $1.58 billion USD.
Integer is recognized as a world leader in advanced medical device design and outsourcing, offering comprehensive product development and product transfer processes. Its core manufacturing capabilities are extensive, including molding and machining, welding and processing, mechanical assembly, coatings, failure analysis, application testing, fixture and tooling creation, rapid prototyping, full device assembly, packaging and sterilization, and scale-up manufacturing. The company also specializes in cell and custom battery pack design, development, and manufacturing. Integer’s vertically integrated supply chain and commitment to Lean and Continuous Improvement principles further enhance its operational efficiency.
Integer’s products serve critical needs across various medical device segments, including cardiac rhythm management, cardio and vascular health, neuromodulation devices, and portable power solutions. Specific markets include angiography, electrophysiology, heart failure, infusion therapy and hemodialysis, interventional cardiology, neurovascular, oncology, peripheral vascular, structural heart, urology, and vascular access. The company’s product portfolio ranges from finished device systems to Class III Medical Devices and hundreds of components, such as catheters, guidewires, introducers, delivery systems, implantable ports, pacemaker batteries, and medical textiles.
With a global footprint, Integer is a leader in advanced medical device design and outsourcing across four continents. This global reach enables the company to provide comprehensive R&D and manufacturing capabilities worldwide.
Integer’s key differentiators and competitive advantages are rooted in its long legacy of innovation and manufacturing excellence. The company is committed to ensuring medical devices reach the market faster with uncompromising reliability and quality. Its customer-centric approach involves collaborating with leading OEM medical device companies to amplify their innovation, offering unique design expertise and development solutions that strengthen and de-risk new product development. Integer also leverages platform technologies and market-ready products to enable faster market entry. Its quality experts go beyond basic regulatory certification and compliance, ensuring products meet all necessary standards and helping customers minimize risk.
In a notable recent acquisition, Integer acquired substantially all the assets of Precision Coating in January 2025 for $152 million. This acquisition enhances Integer’s service offerings by adding high-value surface coating technology platforms, including fluoropolymer, anodic coatings, ion treatment solutions, and laser processing, which are crucial for improving the performance and durability of implantable devices. The company also saw VSi Parylene join Integer. Integer collaborates with “many of the world’s leading OEM medical device companies” and provides custom medical battery packs and chargers for “global OEMs”.
6. Plexus Corp.
Plexus Corp., headquartered in Neenah, Wisconsin, U.S., was established in 1979. For Q2 2025, Plexus reported a revenue of $980 million, with its Healthcare/Life Sciences sector contributing $411 million, representing 42% of its total revenue. The company’s guidance for fiscal year 2025 projects revenue between $1.00 billion and $1.04 billion.
Plexus provides end-to-end manufacturing solutions, supporting medical device manufacturers from concept development to aftermarket services. Its comprehensive capabilities span the entire product lifecycle, including design and development (digital healthcare, Internet of Medical Things (IoMT), medical device cybersecurity, fluid management, sensor modules, robotics, miniaturization), New Product Introduction (NPI), manufacturing, supply chain solutions, and sustaining services (repair, refurbishment, distribution management).
Plexus possesses deep expertise across several medical device segments. In imaging, it handles ultrasound, CT/PET, X-ray, and MRI systems. Its therapeutic expertise covers a wide range, including cardiology, respiratory, orthopedics, neurology, oncology, diabetes care, and robotic-assisted surgery. For monitoring, Plexus works with devices used in operating rooms, ICUs, hospitals, clinics, and home/remote settings. Additionally, it supports healthcare management systems such as medication dispensing and pharmacy automation.
The company maintains a global manufacturing footprint with design, manufacturing, and cleanroom facilities strategically located across the Americas (e.g., Wisconsin, Idaho, Illinois, North Carolina, Mexico), Asia-Pacific (e.g., Malaysia, China, Thailand), and Europe, Middle East, and Africa (EMEA) (e.g., UK, Romania). This global presence allows for efficient material sourcing and rapid response to customer needs.
Plexus differentiates itself through its proven experience with FDA Class II and Class III medical devices, built over decades of providing complex manufacturing solutions. The company emphasizes unmatched quality and improved time to market, achieved through globally integrated processes designed to reduce costs and ensure high standards. Its robust regulatory compliance, adhering to numerous medical device design and manufacturing standards including ISO 9001, ISO 13485, ISO 14001, FDA 21 CFR Part 820, CE Mark, NMPA, JGMP, and ANVISA, further strengthens its competitive position.
While specific acquisitions within the last three years are not detailed in the provided information, Plexus highlights its strong partnerships with leading OEMs. A notable example of its client work includes a collaboration with the UK Government to bring the Zephyr Plus Ventilator to market in less than three months during the COVID-19 pandemic.
7. Thermo Fisher Scientific Inc.
Thermo Fisher Scientific Inc., headquartered in Waltham, Massachusetts, U.S., was established in 2006. The company is a global leader in serving science, reporting annual revenue exceeding $40 billion, which has more than doubled to $43 billion over the past eight years (as of April 2025).
Thermo Fisher Scientific offers comprehensive medical device contract manufacturing capabilities, with a strong specialization in in vitro diagnostic (IVD) products. Its core manufacturing capabilities include large-volume liquid formulation and filling, with a daily capacity of 400,000 liters across 12 fill lines, handling volumes from less than 1 ml to 20 liters. The company also provides lyophilization, reagent cassettes, and kit packaging services. Specialized expertise extends to biomarker assay development, antibody production, and the development and validation of various diagnostic tests such as drugs of abuse testing (DAT), therapeutic drug monitoring (TDM), and immunosuppressant drug monitoring (ISD). Additionally, Thermo Fisher designs and develops clinical chemistry, immunoassay, and lab automation instrumentation, supported by robust logistics, warehousing, and shipping expertise.
The company primarily serves segments related to IVD assays and reagents, calibrators, multi-constituent QA control materials, clinical chemistry reagent kits, coagulation reagent kits, particle technologies, and high-throughput lab automation. It also has expertise in novel biomarker assays for unmet clinical needs and companion diagnostic tests.
Thermo Fisher Scientific maintains a significant global manufacturing footprint with multiple centers of manufacturing and development excellence. Key locations include Middletown, Virginia; Fremont, California; Hennigsdorf, Germany; Nimes, France; and Vantaa and Joensuu, Finland. The company has 64 U.S. facilities across 37 states that produce medical equipment , and is actively expanding its diagnostic reagent manufacturing capabilities in China and Eastern Europe. All its contract manufacturing facilities adhere to FDA, international, and ISO guidelines.
Key differentiators for Thermo Fisher Scientific include its ability to combine the quality and reliability of a large corporation with the responsiveness and flexibility typically associated with smaller companies. It is dedicated to OEM and contract manufacturing, providing turnkey product solutions from contract development through packaging. The company’s established global manufacturing infrastructure and its reputation as a trusted partner are significant competitive advantages. Its robust Regulatory and Quality Systems are a cornerstone of its services, ensuring compliance with ISO 13485, ISO 9001, ISO 14001, Canadian medical device regulations, and FDA medical device/IVD regulations.
In recent strategic moves, Thermo Fisher Scientific announced plans to acquire Solventum’s purification and filtration business for $4.1 billion, a transaction expected to close by the end of 2025. This acquisition is poised to strengthen its bioproduction business, including products used in medical technologies. The company also acquired Olink for $3.1 billion in 2024, enhancing its proteomics analysis capabilities. Furthermore, in April 2025, Thermo Fisher committed a $2 billion investment over the next four years to enhance and expand its U.S. manufacturing operations and R&D. While specific OEM client names are not publicly disclosed, the company states that “some of the world’s largest suppliers of in vitro diagnostic (IVD) products rely on us as their OEM and contract manufacturing partner”.
8. Phillips-Medisize
Phillips-Medisize, headquartered in Hudson, Wisconsin, U.S., was founded in 1964, though it was formed by the merger of Phillips Plastics and Medisize in 2011. The company reports an annual revenue exceeding $1.6 billion, and its parent company, Koch Inc., generates over $2 billion in sales from healthcare markets annually.
Phillips-Medisize operates as a Contract Development and Manufacturing Organization (CDMO), partnering with pharmaceutical, medtech, and in vitro diagnostic companies for product design and manufacturing. Its core manufacturing capabilities include advanced injection molding, assembly, labeling, and packaging, drug and reagent handling, and cable assemblies. The company offers extensive Research & Development (R&D) services, with specialized expertise in inhalation therapies, platform technologies, and the application of AI and data analytics in manufacturing processes. Phillips-Medisize also provides lifecycle management and robust quality and regulatory support, including legal manufacturing, Medical Device Regulation (MDR) compliance, and post-market surveillance. It operates Class 7 and Class 8 certified cleanrooms and adheres to all relevant industry standards.
The company serves a wide range of medical device segments. In pharmaceuticals, it offers services and platform products like the Aria Smart Autoinjector and various inhaler systems. Within MedTech, it handles continuous glucose monitors (CGMs) and applicators, electrophysiology and intravascular ultrasound catheters, high-performance interconnects, plastic injection molding and assembly, optical fibers, capillary tubing, medical wearables, insulin patch pumps, automated external defibrillators (AEDs), and robotic surgical systems. Phillips-Medisize is also active in in vitro diagnostics.
Phillips-Medisize maintains a global manufacturing footprint with over 30 development and manufacturing sites across North America, Europe, and Asia. It has design hubs in Hudson, Wisconsin, and Struer, Denmark, supported by a broad global network.
Key differentiators for Phillips-Medisize include its integrated design, molding, electronics, and automation capabilities. The company emphasizes a patient-centric approach and a strong focus on increasing speed-to-market for its clients. It was notably the first company to deliver an FDA-approved connected health system to the market. The company’s philosophy of “Care” in CDMO, reflecting its meticulous engineering and patient-focused outcomes, is a core competitive advantage.
In a significant recent strategic move, Phillips-Medisize’s parent company, Molex, completed the acquisition of Vectura Group Ltd. in January 2025. This acquisition substantially expands Phillips-Medisize’s market-leading inhalation capabilities, adding proprietary technologies in dry powder inhalers, metered dose inhalers, nasal inhalers, and nebulizers, thereby enhancing its pharmaceutical R&D services and drug delivery portfolio. Phillips-Medisize collaborates with “the world’s leading pharmaceutical, medtech and in vitro diagnostic companies”. It has partnered with GlucoModicum for an innovative CGM device and collaborates with a significant percentage of top pharmaceutical and medical device companies on the Fortune 500 list.
9. Viant
Viant, headquartered in Foxborough, Massachusetts, U.S., traces its legacy in medical device manufacturing back to its first facility in 1968. The company’s revenue is estimated to be over $1 billion annually. It is important to note that a separate entity, “Viant Technology Inc.”, is an advertising software company with a different revenue profile; the $1B figure is associated with Viant Medical.
Viant positions itself as a single-source partner, offering a full spectrum of vertically integrated manufacturing capabilities for medical devices and components, from prototyping to full-scale production. Its core manufacturing capabilities include ViaLaunch™ Program Management for market entry, extensive materials expertise (biocompatible metals, alloys, thermoplastics, UHMWPE), extrusions (including rapid complex prototypes), precision injection molding for medical-grade plastics, and micro-molding. The company also provides high-quality custom medical device tooling, advanced automation solutions (vision inspection, PLCs, robotics, machine learning, Industry 4.0 integration for drug fill/delivery assemblies, unattended metals manufacturing), device assembly (ISO-certified), and comprehensive finished device services, including packaging and sterilization management.
Viant’s sole focus is medical technology, and its expertise spans numerous clinical markets and applications. These include orthopedics (instruments, implants, delivery systems), surgical technology (minimally invasive surgery/robotics, endoscopy, ophthalmology, wound care), cardiac & interventional devices (design, development, complex assembly, overmolding, nitinol tubing), drug delivery (auto-injectors, IV sets, respiratory devices), bioprocessing, bioelectronics (pain management, sleep apnea, wearables), diagnostics & laboratory products (plastics for imaging systems, precision metal tubing for chromatography), and respiratory, monitoring & patient care (plastic/silicone molding for masks, trach tubes, console components).
The company boasts an extensive global manufacturing network with 24 worldwide locations and over 6,000 associates. Its footprint includes numerous sites across the U.S. (e.g., Massachusetts, Pennsylvania, Wisconsin, California, Indiana, New Hampshire, New York, Texas, New Jersey, Illinois), as well as facilities in China, Costa Rica, France, Germany, Mexico, Puerto Rico, and the United Kingdom. This global presence provides flexible onshoring and regional production options, ensuring rapid scaling and efficient supply chain management.
Key differentiators for Viant include its positioning as a single-source partner for innovative device design, confidence in speed-to-market, and proven scale and capacity. The company’s “engineers like you” approach signifies a deep understanding of OEM needs. Its 100% focus on medical technology allows for specialized solutions, and its commitment to insourcing through vertically integrated manufacturing drives efficiency, cost savings, superior quality, reduced supply chain complexity, and minimized risk.
In terms of recent strategic activities, Viant acquired Knightsbridge Plastics in November 2024 to enhance its micro-molding capabilities. In May 2021, the company also made a significant investment exceeding US$8 million to expand its Orthopedic Implant and Coating Center of Excellence in Chaumont, France. While specific OEM client names are not publicly disclosed, Viant states it partners with “OEMs” and “great organizations across the globe”.
10. West Pharmaceutical Services, Inc.
West Pharmaceutical Services, Inc., headquartered in Exton, Pennsylvania, U.S., was founded in 1923. The company reported an annual revenue of $2.893 billion for 2024, with a projected net sales range of $2.875 billion to $2.905 billion for fiscal year 2025.
West is a leading global manufacturer specializing in the design and production of high-quality, technologically advanced containment and delivery systems for injectable medicines. Its core manufacturing capabilities encompass comprehensive contract manufacturing services, from concept design and engineering development to prototyping, production scale-up, validation, and full-scale manufacturing. This includes full-service molding and assembly solutions, primary and secondary packaging, real-time process monitoring, and lean manufacturing principles, with ISO Class 7 and cleanroom assembly operations at key facilities. The company also provides extensive analytical testing services, covering extractables and leachables, particle analysis, container closure integrity, and performance/packaging/delivery systems. Design and development solutions are offered with a focus on collaborative cross-functional engineering and design for manufacturability (DFM).
West primarily serves the injectable pharmaceutical packaging and delivery systems market, as well as the broader healthcare and consumer products sectors. Its product portfolio includes Daikyo® Crystal Zenith® Insert Needle Syringe Systems, the SelfDose® Patient-Controlled Injector, and the SmartDose® 10 On-Body Delivery System Platform. The company has also seen growth in self-injection devices for obesity and diabetes, while experiencing a decrease in sales of healthcare diagnostic devices.
The company’s geographic manufacturing footprint includes seven locations across North America and Europe, enabling it to supply markets worldwide.
Key differentiators for West Pharmaceutical Services include its position as a leading global manufacturer in its specialized domain and its unwavering commitment to quality, operational excellence, and scientific and technical expertise. Its analytical labs are GMP and FDA compliant, DEA licensed, and certified to ISO 9001:2008 and ISO 15378:2011, while its healthcare facilities are ISO 13485 certified and cGMP compliant. The company maintains a comprehensive risk management system to ensure product safety and reliability.
In terms of recent strategic activities, West completed an $80 million manufacturing expansion to support diabetes and obesity treatments, announced in 2025. Historically, the company acquired The Tech Group and Medimop Medical Projects Ltd. in 2005. West serves pharmaceutical, biotechnology, generic, and medical device companies, though specific OEM client names are not publicly disclosed.
11. Nipro Corporation
Nipro Corporation, headquartered in Osaka, Japan (general knowledge), was established in 1954 (general knowledge). While specific revenue figures for its contract manufacturing arm are not explicitly detailed in the provided snippets, Nipro is recognized as a comprehensive healthcare company with a leading market share in dialyzers in Japan and a second-place global ranking in this segment.
Nipro offers extensive contract manufacturing capabilities, particularly for new, long-listed, and generic drugs. Its expertise extends to supplying glass medical packaging materials and is expanding into regenerative medicine products. The company handles a broad range of medical devices, including those not listed on Japan’s National Health Insurance (NHI) price list. A distinctive offering is its provision of kits that combine medical devices and pharmaceuticals, which are highly convenient in medical settings by eliminating treatment delays. Nipro’s specialized expertise covers injectable, oral, and external preparations, demonstrating a strong system to support global expansion for pharmaceutical companies.
The company’s primary medical device segments served include dialyzers and other artificial organ-related products, injectables/infusion-related products, diabetes-related products, and pharmaceutical kit products.
Nipro maintains a global manufacturing footprint with overseas production facilities, including Nipro Pharma Vietnam and various domestic plants in Japan. Its international activities are primarily concentrated in its Medical-Related business (dialysis-related, injection/infusion, diabetes) and PharmaPackaging business (medical-use glass tubes, medical packaging materials).
Key differentiators for Nipro include its status as a comprehensive healthcare company with a significant global presence in dialysis products. The company is distinguished by its unique development and manufacturing technologies for high-value-added pharmaceuticals and its ability to handle diverse formulation fields, positioning it as a top contract manufacturer in Japan. Nipro has built a strong reputation and trust by consistently integrating customer needs into its new product development, drawing on its experience in resolving device-related side effects. The convenience offered by its combined medical device and pharmaceutical kits is also a notable competitive advantage.
No specific recent acquisitions or strategic partnerships within the last three years are detailed in the provided snippets. Nipro engages in contract manufacturing for “other companies” beyond its own brand of generic pharmaceuticals, but specific OEM client names are not publicly known.
12. Cirtec Medical
Cirtec Medical, headquartered in Brooklyn Park, Minnesota, U.S., was established in 1987. The company’s annual revenue reached $750 million as of April 2025, within a reported revenue range of $100 million to $1 billion.
Cirtec Medical is a vertically integrated, full-service outsource partner providing end-to-end product design, development, and manufacturing services for complex medical devices. Its core manufacturing capabilities include precision machining, stamping, coil winding, and laser welding. The company specializes in active implantable device design and development, offering manufacturing and assembly of leads and Implantable Pulse Generators (IPGs), mechanical assemblies, packaging and labeling, and cleanroom assembly. Cirtec also provides in-house Ethylene Oxide (EO) and steam autoclave sterilization, Nitinol tubing production, and expertise in custom Analog & Mixed Signal Integrated Circuits (ASICs), including low-power medical ASICs and RFIC design. Further capabilities include thin-film circuits, flexible microcircuits, electroformed structures, extrusion, micro-coiling, and complex deflectable & steerable catheters with braiding, coiling, and tipping. The company has expanded into silicone molding, silicone extrusion, and polyisoprene molding through recent acquisitions.
Cirtec primarily serves the neuromodulation, interventional, electrophysiology, and structural heart markets. Its expertise extends to implantable drug delivery, cardiac rhythm management, ventricular assist devices, minimally invasive surgery (MIS), and ophthalmology. Specific product categories include EP Mapping and Ablation Catheters, Structural Heart Valve Delivery and Repair Delivery Systems, Steerable Multi Directional Catheters, and Neuro Microcatheters.
The company maintains a global manufacturing footprint with facilities in Brooklyn Park, Minnesota; Chandler, Arizona; El Coyol, Costa Rica; Enfield, Connecticut; San Jose, California; Lowell, Massachusetts; Sturtevant, Wisconsin; Rock Hill, South Carolina; and Birkenfeld, Germany.
Key differentiators for Cirtec Medical include its comprehensive vertically integrated service model and over three decades of specialized expertise in complex medical devices. The company aims to bring products to market quickly, predictably, and cost-effectively. Its notable product, Virtis, a groundbreaking anchor lead with PMA/FDA approval for sacral nerve stimulation, showcases its innovation. Furthermore, Cirtec leverages cost-effective labor, skilled talent, and lean manufacturing processes in its Costa Rica operations to provide competitive advantages.
In terms of recent strategic activities, Cirtec expanded its Costa Rica operations in April 2025 to support increased industry demand. The company has been active in strategic partnerships and acquisitions, including a partnership with Resonant Link in September 2023 to advance implantable medical devices , the acquisition of QMD™ Precision Components Business in January 2023 , and a partnership with Ilika in January 2023 for manufacturing miniature Stereax Solid State Batteries. Cirtec also acquired Cardea Catheter Innovations in July 2021, increasing its presence in the structural heart and interventional markets , and a precision components business from Q Holding in January 2023. Specific OEM client names are not publicly known.
13. Cogmedix
Cogmedix, a wholly-owned subsidiary of Coghlin Companies, Inc., has its headquarters in West Boylston, Massachusetts, U.S.. While Cogmedix Inc. was incorporated in 2008 , its parent company, Coghlin Companies, was founded in 1885. The revenue specifically for Cogmedix is not explicitly stated, but the parent company, Coghlin Companies, reported generating over $3.2 billion in revenue. This figure likely represents the combined revenue of all Coghlin Companies’ operations.
Cogmedix specializes in the commercialization of FDA-compliant medical devices and consumables, with a distinct niche in laser and optically based technologies. Its core manufacturing capabilities include expertise in handling Class 1 to Class 4 YAG to alexandrite lasers, surgical fiber, and sterile consumables. The company operates a certified Class 7 Clean Room. Cogmedix also offers vertically integrated Printed Circuit Board Assembly (PCBA) services, encompassing design and layout, 24/7 high-speed line availability, and various testing methods such as Automated Optical Inspection (AOI), Flying Probe, In-Circuit Test, and 3D X-Ray, along with Lot 4 Traceability. The company employs a proprietary “Scaled Product Launch™” (SPL™) process for New Product Introduction (NPI) and is committed to “Infinite Capacity™,” ensuring 24/7 production availability, finished goods storage and distribution, and aftermarket and refurbishment services.
Cogmedix serves a wide range of medical device segments, including diagnostic, surgical, dental, ophthalmic, aesthetic, rehabilitative, blood management, and imaging markets, with a particular focus on optical and laser-based medical devices.
While its primary operational footprint is in West Boylston, Massachusetts , and its parent company is in Westborough, Massachusetts , Cogmedix is described as a global leader in manufacturing.
Key differentiators for Cogmedix include its unwavering focus on safety, reliability, regulatory compliance, and quality, particularly for laser-based medical devices. The company employs highly trained laser-centric personnel and operates dedicated laser-safe labs. Its “Personalized Time To Market Services™” and proprietary SPL™ process highlight its commitment to accelerating product launches. The “Infinite Capacity™” commitment ensures responsiveness to unpredictable market demand. Cogmedix also boasts unmatched experience working with various regulatory agencies (CSA, CE, TUV, IEC) and holds ISO 13485:2016 certification, emphasizing its dedication to building trust with clients.
In terms of recent strategic activities, the parent company, Coghlin Companies, combined its engineering teams in March 2025 to form a Product Development Group, unifying the expertise of Cogmedix and Columbia Tech. Cogmedix also has a manufacturing agreement with Bionik Laboratories for the InMotion Arm system. A strategic relationship with Dominion Aesthetic Technologies, Inc. for the manufacturing of EON™ was announced in September 2020 , slightly outside the three-year window but still a notable partnership.
14. Tegra Medical
Tegra Medical, headquartered in Franklin, Massachusetts, U.S., was founded in 2007 through the acquisitions of New England Precision Grinding, Accu-Met Laser, and American Medical Instruments. The company’s annual revenue reached $750 million as of April 2025, falling within a reported revenue range of $100 million to $1 billion. Its sales were approximately $80 million in its 2015 fiscal year.
Tegra Medical is an end-to-end contract manufacturing solutions provider, offering comprehensive services from prototyping to full production. Its core manufacturing capabilities include advanced technologies such as Swiss machining, multi-axis milling, and various injection molding techniques (insert molding, overmolding, micro injection molding). The company also specializes in laser cutting, welding, and marking, precision grinding, wire and tube forming, Electrical Discharge Machining (EDM), electrochemical machining and deburring, gun drilling, Nitinol shape memory setting, PEEK machining, and stamping. Tegra Medical provides extensive Quality Management, adhering to ISO certifications, QSR compliance, FDA registration, cGMP practices, and Lean Six Sigma principles. Its GENESIS Tech Center® is dedicated to rapid prototyping and product development, while its Quick Wire & Tubing (QWT) service offers off-the-shelf and customized materials.
Tegra Medical focuses exclusively on contract manufacturing services for the medical device industry, serving a wide array of markets. These include orthopedics (arthroscopy, spine/interventional spine, trauma, joint and dental reconstruction), minimally-invasive surgery (breast biopsy, laparoscopy, endoscopy, soft tissue repair), cardiovascular (gynecology, interventional therapies, radiology, cardiology, neurology, peripheral vascular therapy, electrophysiology), and other medical areas such as diabetes, drug delivery, ophthalmology, and dental. The company also supports robotic-assisted surgery.
Tegra Medical maintains a global manufacturing footprint with facilities in the United States (Massachusetts, Mississippi), Costa Rica, Switzerland, Malaysia, China, and Singapore. This distributed presence enables efficient delivery and reduced supply chain risks through a local-for-local approach.
Key differentiators for Tegra Medical include its exclusive focus on the medical device industry and its commitment to “quality without compromise”. The company is recognized for its innovative problem-solving, rapid turnaround times for prototypes, and its flexibility as a manufacturing partner. Its strong regulatory and process development teams provide crucial support for New Product Introduction (NPI), helping streamline activities that can otherwise delay product launches. The local-for-local approach further enhances its competitive positioning by ensuring proximity to key OEM customers and reducing shipping costs.
No specific recent acquisitions or strategic partnerships within the last three years are detailed in the provided snippets. Tegra Medical was acquired by SFS Group AG in 2016. While specific OEM client names are not publicly known, Tegra Medical partners with “OEMs” and “global OEM leaders”.
15. Nolato AB
Nolato AB, headquartered in Torekov, Sweden, was founded in 1938. The company’s current trailing twelve-month (TTM) revenue is $0.91 billion USD, with an annual revenue of $0.91 billion USD for 2024. Its Q1 2025 revenue was 2.45 billion SEK (approximately $0.23 billion USD).
Nolato provides end-to-end development and manufacturing solutions for advanced drug delivery systems, leveraging advanced injection molding and high-precision, high-speed assembly. Its core manufacturing capabilities span early-stage R&D, prototyping, testing, design validation, full-scale production, and market launch. The company offers flexible manufacturing, ranging from manual to semi-automated assembly, and scaling up to large commercial volumes with fully automated production. Nolato also possesses in-house tool development and manufacturing capabilities, ensuring high reliability and safety of molded components. A key area of specialized expertise is sustainable drug delivery device design, utilizing Eco-Design principles and combining advanced scientific simulations with engineering intelligence.
Nolato serves the healthcare and pharmaceutical industries, with a primary focus on drug delivery systems such as pen-injectors, auto-injectors, wearable on-body injectors, inhalers, nebulizers, and ophthalmic devices. It also operates in the broader diagnostics and medical devices sectors.
The company maintains a global manufacturing footprint with strategically located state-of-the-art production sites across Europe, Asia, and North America. These facilities are FDA-registered and ISO-13485-certified, with cleanroom areas meeting ISO 14644-1 (ISO classes 7, 8, and 9) or GMP classes C and D standards.
Key differentiators for Nolato include its extensive 60 years of experience in drug delivery devices and its strong customer-centricity, innovation, and integrity. The company operates with robust quality management systems based on global quality guidelines and fosters a culture of continuous improvement and knowledge sharing. Its “Global reach – Local impact” strategy and “Medical Excellence” program for world-class operations further enhance its competitive advantages.
In terms of recent strategic activities, Nolato acquired P & P Technology Ltd in the UK and Verktygsfirman Be-Må AB in Sweden in 2023. A significant acquisition slightly outside the three-year window was the US-based GW Plastics in 2020, which substantially strengthened Nolato’s position in North America. While specific OEM client names are not publicly known, Nolato collaborates with “leading customers”.
Key Industry Trends Impacting Contract Manufacturers
The medical device contract manufacturing industry is shaped by several powerful trends that influence strategic decisions and competitive positioning:
Increasing Outsourcing from OEMs: A fundamental trend is the growing reliance of OEMs on CMOs. This is not merely about cost reduction but also about leveraging specialized expertise, achieving operational flexibility, and gaining access to advanced technologies that might be too expensive or complex to maintain in-house. By outsourcing, OEMs can concentrate their resources on core competencies such as research and development, product innovation, and marketing. This strategic shift is expected to continue, driving sustained demand for contract manufacturing services.
Reshoring/Nearshoring: Geopolitical tensions, vulnerabilities exposed by global supply chain disruptions (particularly during the COVID-19 pandemic), and the imposition of tariffs are prompting a significant reversal of offshoring strategies. Companies are increasingly opting for onshoring (relocating manufacturing within national borders) or nearshoring (moving production to a nearby country) to enhance supply chain resilience, shorten lead times, and ensure closer regulatory alignment. This trend creates a distinct advantage for CMOs with established domestic or regional manufacturing footprints, as they are better positioned to navigate tariff uncertainties and provide more reliable supply chains.
Sustainability: Environmental consciousness and regulatory pressures are driving a strong focus on sustainability across the entire medical device product lifecycle, from raw material sourcing to end-of-life management. This involves adopting “green design” principles to minimize material and resource usage, utilizing sustainable and biocompatible materials (e.g., bioplastics, glass, stainless steel as alternatives to traditional plastics), and implementing eco-friendly packaging solutions. Manufacturers are also investing in energy-efficient production processes, such as switching to solar power and reducing CO2 emissions, and exploring closed-loop systems for device recycling and remanufacturing. This trend is not only a regulatory imperative but also a means to enhance brand reputation and meet consumer demand for environmentally responsible practices.
Personalized Medicine and Patient-Centric Devices: A significant shift in consumer expectations and advancements in medical science are fueling demand for highly customized, patient-specific treatments and devices. This necessitates a move away from traditional high-volume, standardized production towards more agile and flexible manufacturing capabilities. Contract manufacturers are adapting by offering low-volume production capabilities and modular manufacturing lines that can cater to niche markets and tailored therapies.
Complexity of Medical Devices: Modern medical devices are becoming increasingly sophisticated. They are smaller, less invasive, more user-friendly, and often integrate advanced technologies like Artificial Intelligence (AI), the Internet of Medical Things (IoMT), and robotics. This escalating complexity requires specialized expertise in design, engineering, and manufacturing processes that many OEMs find challenging to maintain internally, further reinforcing the value proposition of specialized contract manufacturers.
Comparative Capabilities Matrix of Top 15 Medical Device Contract Manufacturers
Company Name |
Manufacturing Capabilities Breadth |
Technical Complexity Specialization |
Design and Engineering Services |
Regulatory Support Strength |
Quality Management Systems Sophistication |
Geographic Manufacturing Diversity |
Digital Manufacturing/Industry 4.0 Implementation |
Jabil Inc. |
High (Comprehensive, CDMO) |
High (Robotics, minimally invasive, aseptic filling, precision automation) |
High (Design, NPI, tooling, engineering) |
High (MedAccred, supply chain de-risking) |
High (MedAccred, robust QMS) |
High (Americas, Europe, Asia – 25+ countries) |
High (Robotics, automation software, AI/data analytics) |
Flex Ltd. |
High (End-to-end, Class I-III) |
High (Precision plastics, advanced electronics, complex assembly, human factors) |
High (User-centered, engineering, NPI) |
High (World-class QMS, FDA/ISO 13485 certified) |
High (World-class QMS, stringent compliance) |
High (21 medical sites in 13 countries) |
High (Automation, robotics, digitization, additive manufacturing) |
Celestica Inc. |
High (Full product lifecycle, high-volume disposables) |
High (PCBA, HLA, electromechanical, miniaturization, microelectronics) |
High (Product development, design engineering, NPI, prototyping) |
High (FDA-registered, ISO 13485, robust QMS, eDHR) |
High (Best-in-class QMS, pre-launch rigor) |
High (Global network, FDA-registered, ISO 13485 certified) |
Medium-High (Automation, value engineering) |
Sanmina Corporation |
High (Full systems, automated, vertical integration) |
High (Electronics, mechatronics, fluidics, high-precision components) |
High (Dedicated medical design centers, co-design, DFM/DFX) |
High (ISO 13485, FDA registered, 21 CFR Part 820/11 compliant) |
High (ISO 13485, MES, Performance Excellence, Lean Six Sigma) |
High (25 countries on 6 continents) |
High (Automated production lines, MES) |
Integer Holdings Corporation |
High (Comprehensive, CDMO) |
High (Cardiac rhythm, neuromodulation, cardio/vascular, Class III, battery tech, coatings) |
High (Design, development, rapid prototyping, clinical know-how) |
High (Quality experts, regulatory certification/compliance) |
High (Manufacturing excellence, uncompromising quality) |
High (Across 4 continents) |
Medium (Lean & Continuous Improvement) |
Plexus Corp. |
High (End-to-end, full lifecycle) |
High (IoMT, cybersecurity, fluidics, robotics, miniaturization, RF, precision measurement) |
High (Design/development, UI/UX, custom algorithms, test system design) |
High (FDA Class II/III, ISO 9001/13485/14001, CE Mark, NMPA, JGMP, ANVISA) |
High (Unmatched quality, integrated processes) |
High (Americas, Asia-Pacific, EMEA – 26 facilities) |
High (Automation, robotics, AI, digital healthcare, IoMT) |
Thermo Fisher Scientific Inc. |
High (Comprehensive, IVD focus) |
High (Large volume liquid formulation, lyophilization, biomarker assays, lab automation instrumentation) |
High (Designing/developing instrumentation) |
High (FDA, international, ISO 13485/9001/14001, global filings) |
High (Benchmark QMS, validated applications) |
High (Global footprint, US, DE, FR, FI, CN, EE) |
Medium-High (Automation in instrumentation) |
Phillips-Medisize |
High (CDMO, plastics, electronics, automation) |
High (Advanced injection molding, micro-molding, inhalation therapies, AI/data analytics) |
High (Engineering expertise, platform technologies, inhalation therapies) |
High (Legal manufacturing, MDR compliance, post-market surveillance) |
High (Class 7/8 cleanrooms, stringent standards) |
High (US, Europe, Mexico, China – 30+ sites) |
High (AI/data analytics in manufacturing) |
Viant |
High (Vertically integrated, end-to-end) |
High (Orthopedics, surgical tech, cardiac/interventional, drug delivery, bioelectronics, micro-molding) |
High (Design & development, ViaLaunch™ Program) |
High (ISO-certified, regulatory compliance focus) |
High (Superior quality, insourcing commitment) |
High (24 worldwide locations) |
High (Robotics, machine learning, Industry 4.0 integration) |
West Pharmaceutical Services, Inc. |
High (Injectable systems, molding, assembly, packaging) |
High (Containment/delivery systems, analytical testing, DFM) |
High (Collaborative engineering, rapid component development, DFM) |
High (GMP/FDA compliant, DEA licensed, ISO 9001/13485/15378) |
High (Compliant QMS, comprehensive risk management) |
Medium (North America, Europe – 7 locations) |
Medium (Real-time process monitoring, lean manufacturing) |
Nipro Corporation |
Medium-High (Drugs, medical devices, packaging) |
Medium-High (Dialyzers, artificial organs, injectables, pharmaceutical kits) |
Medium (Unique development technologies) |
Medium (Supports global expansion, regulatory compliance focus) |
Medium (QMS, trust-based approach) |
Medium (Japan, Vietnam, other overseas facilities) |
Low-Medium (Not explicitly detailed) |
Cirtec Medical |
High (End-to-end, components to finished devices) |
High (Neuromodulation, interventional, Class III, ASICs, Nitinol tubing, complex catheters) |
High (Design & development, clinical support) |
High (ISO 13485, FDA registered, CE Mark/510K/PMA support) |
High (Corporate QMS, ISO 13485) |
High (US, CR, DE – 9 facilities) |
Medium-High (Automation, lean manufacturing) |
Cogmedix |
Medium-High (FDA-compliant, laser/optics, PCBA) |
High (Laser/optically based technologies, Class 4 lasers, surgical fiber) |
High (Design compliant to 21 CFR 820.30, Personalized Time To Market Services™) |
High (FDA registered, ISO 13485:2016, extensive regulatory experience) |
High (ISO 13485:2016, robust QMS) |
Medium (US-based, global leader in manufacturing stated) |
Medium (Automated PCBA, 24/7 production) |
Tegra Medical |
High (End-to-end, full production) |
High (Swiss machining, laser processing, micro injection molding, Nitinol shape setting) |
High (GENESIS Tech Center® for prototyping/development, DFM) |
High (ISO, QSR, FDA registered, cGMP, Black Belt engineers) |
High (Stringent quality standards, robust QMS) |
High (US, CR, CH, MY, SG, CH) |
Medium (Automated processes mentioned) |
Nolato AB |
Medium-High (Drug delivery systems, polymer materials) |
High (Advanced injection molding, high-precision assembly, Eco-Design) |
High (Early-stage R&D, prototyping, design validation) |
High (FDA-registered, ISO 13485, cleanroom, global guidelines) |
High (Robust QMS, continuous improvement) |
High (Europe, Asia, North America) |
Medium (Flexible manufacturing, automated production) |
Gaps in Market Coverage or Underserved Segments
Despite the robust growth and increasing sophistication of the medical device contract manufacturing market, certain gaps and underserved segments persist, presenting opportunities for strategic focus and investment.
Highly Specialized Niche Devices with Complex Regulatory Pathways: While top CDMOs offer broad capabilities, extremely specialized or novel devices, particularly those with unique material requirements, miniaturization challenges, or cutting-edge bioelectronic components, may still find a limited number of truly expert partners. The regulatory pathway for such innovative devices is often less defined, requiring bespoke regulatory intelligence and a willingness to navigate uncharted territory. CMOs that can build deep, verified expertise in these emerging, high-risk, high-reward niches could capture significant value.
Integrated Solutions for AI-Powered and IoMT Devices: The rapid proliferation of AI-powered and IoMT devices presents a growing need for contract manufacturers who can seamlessly integrate software development, cybersecurity expertise, and data management capabilities with traditional hardware manufacturing. While some top players are developing these capabilities, the demand for truly integrated solutions that manage the entire digital-physical product lifecycle, including secure data handling and cloud connectivity, may outpace current offerings, especially for smaller OEMs.
Sustainable and Circular Economy Solutions: Although sustainability is a growing trend, the practical implementation of truly circular economy principles (design for reusability, remanufacturing, take-back programs) in medical device manufacturing is still nascent. Gaps exist in the widespread availability of biodegradable or easily recyclable sterile packaging, and comprehensive end-of-life management services that go beyond basic recycling. CMOs that can develop innovative, compliant, and cost-effective solutions for sustainable materials, green sterilization methods, and closed-loop systems could gain a significant competitive edge.
Regional Production for Emerging Markets: While Asia-Pacific is the fastest-growing market, the focus is often on large-scale, cost-efficient production for global distribution. There may be underserved segments in other emerging markets (e.g., specific regions in Latin America, Middle East, or Africa) where local healthcare infrastructure is expanding, but local, high-quality contract manufacturing capabilities are still developing. CMOs establishing strategic local presence in these regions, tailored to specific regional regulatory and supply chain nuances, could tap into significant growth.
Support for Early-Stage Startups: Many small and medium-sized enterprises (SMEs) and startups in the medical device space lack the resources and capital for in-house production. While CDMOs offer comprehensive services, the specific needs of very early-stage companies (e.g., highly flexible, low-volume prototyping, specialized regulatory guidance for novel concepts, initial funding connections) might still be a niche that can be better served by more agile or specialized partners focused on nurturing innovation from its nascent stages.
Addressing these gaps requires a forward-looking strategy, focusing on specialized technological investments, deep regulatory understanding for novel areas, and an adaptive business model that can cater to evolving market demands and geographical opportunities.