Minnetronix Medical

Name

Minnetronix Medical

Legal name

Minnetronix Medical

Website

https://minnetronixmedical.com

Company type

Private

Founded year

1996

Operating status

Operating

Headcount range

251–500 employees

Ownership category

akta.pro rank

Headquarters

HQ city

Saint Paul

HQ country

United States

HQ region

North America

Offices6 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Operations, Technology or R&D, Infrastructure, Supply Chain

Revenue model

1. Contract Design Services: Full medical device system development from concept to commercialization, including custom electromechanical system design, electromagnetic sensors and assemblies, next-generation devices, subassemblies and components. Services include Design for Manufacturing, Design for Automation & Scale, custom prototyping, and process & test development.
2. Contract Manufacturing Services: High-volume global manufacturing and custom full system development. Scalable manufacturing from prototype to high-volume production for capital systems, custom EM sensors and assemblies, microelectronics, microcatheters and access sheaths.
3. Supply Chain & Operational Services: End-to-end operational services including supply chain management, service and maintenance, sustaining engineering, packaging and shipping, and international footprint support.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Minnetronix Medical (operating as Forj Medical following the December 2025 merger with Intricon) is an end-to-end medical device Contract Design and Manufacturing Organization (CDMO) providing full medical device system development from concept through commercialization, alongside high-volume global manufacturing of capital systems, custom electromagnetic sensors and assemblies, microelectronics, microcatheters and access sheaths. The company also delivers supply chain management, service and maintenance, sustaining engineering, packaging and shipping, and operates vertically integrated processes including PCBA manufacturing, automation, precision molding, cable assembly, cleanrooms, and polymer and metal 3D printing.

Product overview

Forj Medical is an end-to-end medical device CDMO (Contract Design and Manufacturing Organization) formed by the merger of Minnetronix Medical and Intricon. The company operates as a unified platform combining design and development services with high-volume manufacturing capabilities across six global facilities. The product portfolio spans application expertise areas including Fluid & Gas Management, Surgical Energy, Optical Systems, Electromagnetic Navigation Systems & Sensors, Stimulation & Active Wearables, and Consumables & Components. Manufacturing capabilities include Capital Systems, Custom EM Sensors & Assemblies, Microelectronics, and Microcatheters & Access Sheaths, supported by vertically integrated processes such as PCBA Manufacturing, Automation, Precision Molding, Cable Assembly, Cleanrooms, and Polymer & Metal 3D Printing. Operational services encompass Supply Chain Management, Service & Maintenance, Sustaining Engineering, and Packaging & Shipping. The company also partners on specific products like the MyBreathPrint breath-based cancer detection device with Vocxi Health.

Differentiator

Problem solved

Functional benefit

Products and services

• Contract Design & Development Services Full medical device system development from concept to commercialization for medical technology companies, including custom electromechanical system design, electromagnetic sensors and assemblies, next-generation devices, subassemblies, and components. Includes Design for Manufacturing, Design for Automation & Scale, custom prototyping (including Protobuild process delivering assemblies in three days), and process & test development.
• Contract Manufacturing Services Scalable manufacturing from prototype to high-volume production (10 units to 10 million units) for capital systems, custom EM sensors and assemblies, microelectronics, and microcatheters and access sheaths. Backed by vertically integrated in-house capabilities including PCBA manufacturing, automation, precision molding, cable assembly, cleanrooms, and polymer and metal 3D printing.
• Supply Chain & Operational Services End-to-end operational services including supply chain management, service and maintenance, sustaining engineering, packaging and shipping, and international footprint support across six global facilities (U.S. centers of excellence plus low-cost, near-shore Costa Rica, and offshore Singapore and Indonesia sites).
• Application Expertise Services Specialized engineering and manufacturing expertise across six medical device application areas: Fluid & Gas Management, Surgical Energy, Optical Systems, Electromagnetic Navigation Systems & Sensors, Stimulation & Active Wearables, and Consumables & Components, provided to medical technology companies developing devices in these high-stakes applications.

Quantifiable outcome

• 250+ million devices and components assembled per year
• +2 more outcomes

Named customers2 records

Segments2 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature7 records

Partnerships

Four partnerships are on record, tiered core.

• IntriconcoreStrategic or Co-development Partner · 1 December 2025Minnetronix Medical and Intricon merged to create Forj Medical, combining capabilities in advanced medical device manufacturing, custom electromagnetic sensors, microelectronics, and biosensors with expanded global supply chain reach.
• Conavi MedicalcoreStrategic or Co-development PartnerConavi Medical is a MedTech company partner for whom Forj Medical redesigned an entire medical device system from the ground up, becoming part of their team. The partnership is expected to result in FDA clearance, with Forj providing continued support as they scale.
• Fortune 500 Medical Device ManufacturercoreStrategic or Co-development PartnerEnterprise partnership with a Fortune 500 medical device manufacturer for advanced sourcing, with Forj Medical providing expanded design and manufacturing innovation capabilities.
• Vocxi HealthcoreStrategic or Co-development PartnerPartnership to miniaturize and manufacture MyBreathPrint, a breath-based cancer detection device platform that detects lung cancer and other diseases. Forj Medical provides advanced engineering collaboration to accelerate development.

Scale indicators4 records

Recent moves8 records

Expansion highlights6 records

Direct peers

• Integer Holdings: Largest pure-play medical device outsource manufacturer, offering design, manufacturing, and supply chain for medical device OEMs across cardio/vascular, neuromodulation, and surgical applications — directly comparable to Forj's end-to-end medtech CDMO model.
• Plexus Corp. Global contract manufacturer with a dedicated Healthcare/Life Sciences segment providing design, manufacturing, and aftermarket services for medical device OEMs — directly comparable in customer base, regulatory model, and end-to-end service scope.
• Cirtec Medical (Carlisle Medical Technologies): Specialist medical device CDMO focused on minimally invasive implants, catheters, active implants, and neuromodulation — closely comparable niche specialization and customer base to Forj's microcatheter and active implant work.
• Tegra Medical: Medical device contract manufacturer specializing in precision machining, tubing, and finished device assembly for interventional and surgical OEMs — directly comparable in capabilities (precision components, finished devices) and customer segment.
• Viant Medical (formerly Integer's Vention contract manufacturing): Medical device contract manufacturer offering design, engineering, and production services for OEMs, with strengths in interventional, orthopedic, and surgical devices — comparable end-to-end medtech CDMO offering.

Broad incumbents

• Flex Ltd: One of the largest global EMS/CDMO providers with a sizable medical device and diagnostics business; competes with Forj on enterprise medtech programs but operates across many end markets with much greater scale and capital.
• Jabil: Global manufacturing solutions provider with a Healthcare and Life Sciences division offering design, manufacturing, and supply chain services for medical devices — comparable services and customer base but materially larger and more diversified.

Others

• Sanmina: Global EMS provider with a Medical segment that designs and manufactures finished medical devices and instruments, including complex regulated products — overlaps with Forj's end-to-end medical device CDMO offering but at a larger, more diversified scale.

Emerging players

• KMC Systems: Medical device engineering and contract manufacturing partner focused on complex instrumentation, including optical, fluidic, and electromechanical systems — comparable to Forj's design-plus-manufacturing model in smaller-scale, high-mix programs.

Regional players

• Mack Molding: U.S.-based custom molder and contract manufacturer serving the medical device market with molding, assembly, and full product realization — comparable in vertical integration and medtech focus, though smaller and more regionally concentrated than Forj.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/minnetronix

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Funding overview

Funding rounds2 records

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Minnetronix Medical