Integer Holdings

What Integer Holdings does

Integer Holdings Corporation (NYSE: ITGR) is one of the largest medical device contract development and manufacturing organizations (CDMOs) globally, with 11,000+ associates across 25+ facilities in the U.S., Mexico, Dominican Republic, Uruguay, Ireland, Switzerland, and Malaysia. Founded in 1946 and headquartered in Plano, TX, the company operates through two primary sub-brands (Greatbatch Medical and Lake Region Medical) and serves medical device OEMs across cardiac rhythm management, cardio and vascular, neuromodulation, and portable power markets. Integer designs, develops, and manufactures Class III implantable medical devices, components, and sub-assemblies — including implantable pulse generators, lead systems, catheters, guidewires, batteries, capacitors, feedthroughs, and complex braided biomaterial structures — for named enterprise customers such as Medtronic and Boston Scientific. Its proprietary technology portfolio includes Xcellion Gen 3 fast-charge lithium-ion batteries, O-PTFE Filmcast Liner technology, TiN and IrOx electrode coatings, QCAPS high-energy tantalum capacitors, the 5cc mSTIM IPG platform, and complex Nitinol/wire braiding capabilities, protected by registered trademarks and U.S. patents.

The company generates revenue primarily through B2B contract manufacturing services on a quote-based pricing model under multi-year OEM contracts, complemented by off-the-shelf market-ready products (510(k) and CE Mark registered) and custom battery solutions via the Electrochem brand. Integer monetizes its vertically integrated supply chain — spanning design, prototyping, manufacturing, coatings, and sterilization — through a direct enterprise sales motion targeting OEM engineering and procurement teams. The R&D Velocity ecosystem connects design, prototyping, and manufacturing to reduce OEM development timelines and de-risk product commercialization. Historical revenue growth has come from a combination of organic expansion and a sustained M&A program that has added capabilities in neurovascular catheters (InNeuroCo, 2023), precision machining (Pulse Technologies, 2024), parylene and surface coatings (VSi Parylene, 2025), and medical textiles (Aran Biomedical, 2022). In April 2026, the Board initiated a strategic review exploring potential sale, merger, or other strategic combinations following a flat Q1 2026 and securities litigation alleging electrophysiology business deterioration.

Name

Integer Holdings

Legal name

Integer Holdings Corporation

Website

https://www.integer.net

Company type

Public

Founded year

2000

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

Integer Holdings (NYSE: ITGR) is one of the largest pure-play medical device CDMOs globally, designing and manufacturing Class III implantable devices, components, and sub-assemblies for OEMs like Medtronic and Boston Scientific across cardiac rhythm, cardio & vascular, and neuromodulation markets.

Ownership category

akta.pro rank

Headquarters

HQ city

Wilmington

HQ country

United States

HQ region

North America

Offices24 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Contract Development and Manufacturing Services: Full-service CDMO providing design, development, and manufacturing services for medical device components and finished systems. Revenue derived from long-term contracts with major medical device OEMs across multiple therapy areas including cardiac rhythm management, cardio and vascular, and neuromodulation
2. Market-Ready Products: Off-the-shelf, regulatory-approved guidewires, introducers, steerable sheaths, and biopsy forceps providing quick market access for medical device OEMs
3. Custom Battery Design and Manufacturing: Cell and custom battery pack design, development and manufacturing for implantable and external medical device applications through Electrochem brand

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Integer Holdings is a medical device contract development and manufacturing organization (CDMO) that designs, develops, and manufactures components, sub-assemblies, and finished Class III medical device systems for medical device OEMs. The company serves cardiac rhythm management, cardio and vascular, neuromodulation, and portable power markets with proprietary technologies such as Xcellion batteries, O-PTFE liners, TiN/IrOx coated electrodes, and complex Nitinol braiding, along with market-ready 510(k) and CE Mark registered products.

Product overview

Integer Holdings Corporation operates as one of the world's largest medical device contract development and manufacturing organizations (CDMOs), serving the cardio and vascular, neuromodulation, and cardiac rhythm management markets. The company's portfolio spans a unified platform of components, sub-assemblies, and finished medical devices, organized under two primary sub-brands: Greatbatch Medical® and Lake Region Medical®. The product portfolio includes: capacitors (QCAPS® High Energy Wet Tantalum Capacitors), implantable batteries, catheters (diagnostic, ablation, steerable), Class III Medical Device Systems (implantable pulse generators via the 5cc mSTIM IPG platform, lead systems), steerable catheters/sheaths/delivery systems, guidewires (angiographic, coronary, peripheral, neurovascular), introducers, IPG components, lead components, medical coatings (PTFE, Hydrophilic, Parylene, Ion Implantation, IBAD, Surface Texturizing), medical textiles (knitted, woven, braided), O-PTFE Filmcast Liner Technology, coronary and peripheral vascular stents, thin wall tubing/composite tubing/coated wire, feedthroughs, complex braiding and formed biomedical structures, and market-ready off-the-shelf products. Integer offers end-to-end solutions from concept to production, including R&D Velocity (rapid prototyping and design services), vertically integrated supply chain, and regulatory compliance support.

Differentiator

Problem solved

Functional benefit

Brands

• QCAPS (Greatbatch Medical): High energy wet tantalum capacitors for tachycardia devices
• Xcellion (Batteries)
• R&D Velocity
• ATAR (Medical Coatings)
• O-PTFE Filmcast Liner Technology

Products and services

• QCAPS High Energy Wet Tantalum Capacitors
• Implantable Batteries
• Catheters
• Class III Medical Device Systems
• Steerable Catheters, Sheaths & Delivery Systems
• Guidewires
• Introducers
• IPG Components
• Lead Components
• Medical Coatings
• Medical Textiles
• Coronary & Peripheral Vascular Stents
• Thin Wall Tubing, Composite Tubing & Coated Wire
• Unfiltered & Filtered Feedthroughs
• Complex Braiding and Formed Biomedical Structures
• Market-Ready Products

Quantifiable outcome

• 8% year-over-year revenue growth in 2025 to $1.854 billion
• +3 more outcomes

Named customers2 records

Segments4 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

One partnership is on record.

• Pulse TechnologiescoreStrategic or Co-development Partner · 11 January 2024Integer acquired Pulse Technologies for $140 million in January 2024. The acquisition expanded Integer's precision machining and complex manufacturing capabilities, adding operations in Quakertown West, PA with AS9100D certification for aerospace-grade manufacturing.

Scale indicators9 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Jabil: Jabil Healthcare is one of the largest contract manufacturers of medical devices, providing design, engineering, and manufacturing services for OEMs in diagnostics, surgical, and connected health. It is a direct comparable to Integer as a scaled, public medical device CDMO serving similar OEM customers across therapeutic and diagnostic categories.
• Flex Ltd: Flex's Health Solutions business provides design, manufacturing, and supply chain services for medical devices, diagnostics, and connected health products for OEMs globally. Comparable to Integer as a large diversified EMS/CDMO with a dedicated medical-device vertical serving Fortune 500 medtech OEMs.
• Sanmina Corporation: Sanmina operates a Medical division providing integrated manufacturing solutions for medical devices, diagnostics, and imaging systems. Directly comparable to Integer as a mid-to-large medical-device-focused contract manufacturer with similar OEM customer base and regulatory capabilities.
• Celestica Inc. Celestica's HealthTech segment manufactures complex medical devices, diagnostics, and imaging equipment for global OEMs. Directly comparable to Integer as a public North American CDMO serving similar regulated medical-device end markets with analogous services from design to manufacturing.
• Cirtec Medical: Cirtec Medical is a privately held medical device CDMO specializing in neuromodulation, active implantable devices, and minimally invasive surgical components. Highly comparable to Integer as a focused medical device CDMO competing for similar outsourced manufacturing of implantable and Class III systems.
• SteriPack Group: SteriPack is a contract manufacturer of medical devices and combination products with strong design, packaging, and sterilization capabilities. Directly comparable to Integer as a smaller-scope CDMO serving medical device OEMs, though more focused on packaging and sterile barrier solutions than implants.

Broad incumbents

• TE Connectivity: TE Connectivity supplies connectors, sensors, and components used extensively in medical devices including implantable and diagnostic equipment. Comparable as a broad incumbent with significant medical exposure, overlapping with Integer's component business but serving a wider set of end markets beyond medical devices.
• West Pharmaceutical Services: West Pharmaceutical Services is a global leader in injectable drug containment and delivery, with growing CDMO capabilities. Comparable as a larger incumbent in regulated healthcare contract manufacturing with deep OEM relationships, though its primary focus on primary packaging and drug delivery differs from Integer's device emphasis.
• Nordson Corporation: Nordson Medical designs and manufactures precision components and devices for interventional, electrophysiology, and other medical applications. Comparable as a broader incumbent in medical component manufacturing with meaningful overlap in catheters, balloons, and delivery systems, complementing Integer's finished-device and component portfolio.

Emerging players

• Minnetronix Medical: Minnetronix Medical is a privately held medical device CDMO focused on complex active implantable and energy-based therapeutic devices. Comparable to Integer as a focused medical device CDMO competing for similar OEM outsourced manufacturing work, though materially smaller in scale.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/integerholdingscorp
• LinkedInlinkedin.com/company/10854676

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Subsidiaries6 records

Funding overview

Funding rounds4 records

Investors1 record

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

M&A7 records

Investments

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

Frequently asked questions about Integer Holdings