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Switchback Medical

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uuid0004ahi

Namestring
Switchback Medical
Legal namestring
Switchback Medical, LLC
Company typeenum
Private
Founded yearint
2018
Descriptiontext

Switchback Medical is a U.S.-based medical device contract development and manufacturing organization (CDMO) founded in 2018 and headquartered in Brooklyn Park, Minnesota. The company designs, develops, and manufactures highly precise catheters, delivery systems, and components for minimally invasive medical devices, serving medical device OEMs across neurovascular, structural heart, cardiovascular, peripheral vascular, and electrophysiology applications. Core manufacturing capabilities include thermoplastic and FEP extrusions, etched PTFE liners, balloon catheter forming (compliant, non-compliant, neurovascular, and high-pressure braided), reinforced composite shaft construction with wire coil and braid, steerable catheter development using 3D-printed handle prototyping, Nitinol shape setting, complex delivery system assembly, and precision laser processing.

The company operates a 120,000 sq. ft. purpose-built facility with approximately 13,500 sq. ft. of ISO Class 7 cleanroom, certified to ISO 13485:2016 and registered with the FDA under 21 CFR Part 820. Following an October 2025 strategic investment from TJC, L.P., Switchback merged with LightningCath (extrusion components) and Proto Lase (precision laser processing) into a single integrated platform providing single-source solutions from concept and prototyping through finished device packaging and sterilization. Geographic operations include Brooklyn Park, Minnesota, plus Costa Rica facilities in Coyol Free Trade Zone (leased April 2026, 18,000 sq. ft.) and Evolution Free Zone (planned 2027), establishing nearshore manufacturing for thermoplastic extrusion and top-level assembly.

Switchback generates revenue through project-based CDMO contracts covering design services, prototyping, component manufacturing, finished device assembly, testing, packaging, and sterilization, with pricing structured on a quote-based model tied to device complexity, volume, and development stage. Go-to-market is exclusively direct enterprise field sales to medical device OEMs, with customers invited onsite for collaborative development. The company is privately held under TJC sponsorship, with founders Brady Hatcher (CEO) and Randy Beyreis (CTO) retaining significant ownership, and a senior team that includes COO Jim Moran (appointed January 2026), CFO Joe Kwiatkowski, and VPs across program management, operations, business development, R&D, and quality.

Short descriptiontext

Switchback Medical is a U.S.-based medical device CDMO that designs, develops, and manufactures minimally invasive catheters, delivery systems, and components for medical device OEMs across neurovascular, structural heart, and cardiovascular applications. It provides single-source solutions from concept through sterilization.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
1–10
akta.pro rankint
HeadquartersMaple Grove, United States
HQ citystring
Maple Grove
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Offices3 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
contract medical device manufacturing, catheter design services, minimally invasive devices, medical device prototyping, FDA registered contract manufacturing
Industry1 code
1Process Development & Tech Transfer Services (CDMO)
CodeHLAGABALPrimaryYes
NAICS code1 code
  • Surgical and Medical Instrument Manufacturing339112
SIC code1 code
  • Surgical & Medical Instruments & Apparatus3841
Product category
Contract Medical Device Manufacturing (CDMO)
GTM motion2 records

Each record includes

Type, Description, Source

Revenue model2 records
1Contract Design and Manufacturing Services
TypeProfessional Services
Description

Switchback Medical operates as a contract development and manufacturing organization (CDMO) providing end-to-end services from concept development through commercialization. Revenue is generated through project-based contracts for design services, prototyping, manufacturing, assembly, testing, and packaging/sterilization of medical devices. The company serves as a single-source provider allowing customers to engage at any stage of development.

switchbackmedical.com
2Finished Device Manufacturing
TypeHardware Sales
Description

Production of finished goods - manufacturing full assemblies or finished medical devices from component or assembly level into packaged and sterilized finished products. Focus on minimally invasive interventional devices including balloon catheters, delivery systems, and biomedical textile devices.

switchbackmedical.com
Marketing channels5 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels2 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components6 values
Personnel, Operations, Infrastructure, Technology or R&D, Supply Chain, Marketing or Sales
GTM typeB2B
B2B
Offering typeServices
Services
Brand1 of 2 records shown
1LightningCath
Description

Component-focused catheter manufacturer providing extrusion, design, and assembly solutions for interventional medical devices, including thermoplastic extrusions, FEP heat-shrink tubing, and etched PTFE liners for complex catheter shafts.

switchbackmedical.com
+1 more record
Core offering1 text field

Switchback Medical is a contract development and manufacturing organization (CDMO) that designs, develops, and manufactures minimally invasive medical devices, with specialization in highly precise catheters, delivery systems, and components. The company offers single-source solutions spanning concept development, prototyping, testing, full-scale manufacturing, finished device assembly, packaging, and sterilization for medical device OEMs. Through its combined platform with LightningCath (thermoplastic extrusion) and Proto Lase (laser processing), Switchback delivers vertically integrated capabilities from component fabrication through finished, sterile-packaged devices.

Differentiator
Functional benefit
Problem solved
Product overview1 text field

Switchback Medical operates as a unified platform combining three specialized brands: Switchback Medical (core CDMO), LightningCath (catheter component manufacturing), and Proto Lase (laser processing). The platform offers single-source solutions for contract design and manufacturing of minimally invasive medical devices, from concept development through finished device packaging and sterilization. Core products include balloon catheters, steerable catheters, reinforced catheters, delivery systems, and Nitinol components. The company serves therapeutic areas including structural heart, neurovascular, peripheral vascular, electrophysiology, and interventional cardiology.

Product and service3 records
1Switchback Medical Contract Design and Manufacturing Services (CDMO)
CategoryContract Medical Device Manufacturing Services
Description

Core CDMO offering providing single-source contract design, development, prototyping, manufacturing, assembly, packaging, and sterilization services for minimally invasive interventional medical devices (balloon catheters, steerable catheters, reinforced catheters, delivery systems, and Nitinol components), serving medical device OEMs across neurovascular, structural heart, peripheral vascular, electrophysiology, and interventional cardiology therapeutic areas.

2LightningCath Component Manufacturing
CategoryCatheter Component Manufacturing Services
Description

Sub-brand offering component-focused catheter manufacturing services, including thermoplastic extrusions, FEP heat-shrink tubing, and etched PTFE liners used as critical components in complex catheter shafts, supporting early-stage prototyping and pilot production across structural heart, neurovascular, peripheral vascular, interventional cardiology, and electrophysiology.

3Proto Lase Precision Laser Processing Services
CategoryMedical Device Laser Processing Services
Description

Sub-brand offering precision laser processing services including laser cutting, ablation, marking, tube cutting, drilling, and wire stripping for medical devices, working with metals including Nitinol and various plastics to support catheter and delivery system manufacturing.

Scale indicator6 records

Each record includes

Type, Value, Description, Source

Partnership6 partners
Strategic tierMajorTypeStrategic or Co-development PartnerAnnounced on2026-04-13
Description

Coyol Free Trade Zone is a prominent medical technology hub in Costa Rica. Switchback Medical signed a lease for an 18,000-square-foot facility including 3,500 sq. ft. cleanroom. The facility will support medical device component manufacturing with initial focus on thermoplastic extrusion and precision components. This represents the first phase of Switchback's Costa Rica strategy.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2025-10-01
Description

LightningCath is a component-focused catheter manufacturer providing extrusion, design, and assembly solutions for interventional medical devices. Core capabilities include thermoplastic extrusions, FEP heat-shrink tubing, and etched PTFE liners. Combined with Switchback Medical to create a unified platform with comprehensive catheter manufacturing capabilities. Founded in 2022.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2025-10-01
Description

Proto Lase is a precision laser processing provider focused on medical device applications including laser ablation, tube cutting, welding, and marking. Capabilities support catheter and delivery system manufacturing with high-accuracy component fabrication for structural heart, neurovascular, and peripheral vascular therapies. Combined with Switchback Medical to create a unified platform. Founded in 2018.

Strategic tierMajorTypeStrategic or Co-development PartnerAnnounced on2025-05-20
Description

Evolution Free Zone, developed by CODE Development Group, is a high-tech business park in Costa Rica (Tacares de Grecia). Switchback Medical established operations as the seventh company to confirm arrival in the free trade zone, which projects to provide more than 20,000 quality jobs over 15 years. The free zone offers world-class infrastructure, skilled labor, and a solid business ecosystem for medical technology companies.

Strategic tierSupportingTypeStrategic or Co-development Partner
Description

PROCOMER is Costa Rica's foreign trade promotion agency. CEO Laura López welcomed Switchback Medical's investment, noting Costa Rica's position as a strategic destination for advanced medical manufacturing solutions with 29% year-over-year growth in medical technology exports in early 2025.

6Government of Costa Rica (Ministry of Foreign Trade)
Strategic tierSupportingTypeStrategic or Co-development Partner
Description

The Minister of Foreign Trade, Manuel Tovar, welcomed Switchback Medical to Costa Rica, affirming the government's commitment to providing necessary conditions for successful operations. Costa Rica has become a global strategic hub for advanced manufacturing with a strong ecosystem for medical device production.

mddionline.com
Recent move10 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

Avalign Technologies is a medical device manufacturer and outsourced services provider focused on implants, instruments, and delivery systems. Comparable mid-sized CDMO with similar specialization in complex medical device manufacturing for OEM customers.

TypeDirect peer
Description

Viant Medical is a medical device contract manufacturer offering design, engineering, and manufacturing services for minimally invasive and other medical devices. Closely comparable business model focused on OEM customers with vertically integrated capabilities.

TypeOthers
Description

Artivion (formerly CryoLife) is a medical device company that, through its JOTEC subsidiary, develops and manufactures stent grafts and delivery systems. Adjacent as a vertically integrated device company that performs its own catheter design and manufacturing in overlapping therapeutic areas.

TypeBroad incumbent
Description

Integer Holdings is one of the largest medical device outsource manufacturers globally, offering design, manufacturing, and assembly services for medical devices including catheters and delivery systems. Directly comparable as a large-scale CDMO competing for similar OEM customers across cardiovascular, neurovascular, and other therapy areas.

TypeDirect peer
Description

Cretex Medical is a medical device contract manufacturer providing design, prototyping, and production services including precision machined components and assemblies for interventional medical devices. Comparable mid-sized CDMO with similar OEM customer base and Minnesota-based presence.

TypeDirect peer
Description

Tegra Medical is a medical device CDMO specializing in precision manufacturing of interventional devices, including catheters, delivery systems, and complex components. Highly comparable as a similarly-sized specialist serving overlapping therapeutic areas and customer profiles.

TypeDirect peer
Description

Mach Medical is a precision medical device manufacturer focused on interventional catheters, components, and assemblies. Comparable as a specialist CDMO serving overlapping minimally invasive device OEMs.

TypeBroad incumbent
Description

Nordson Medical is a division of Nordson Corporation providing component and contract manufacturing services for medical devices, including catheter components, balloons, and delivery systems. Comparable as a large incumbent with overlapping capabilities serving similar interventional device OEMs.

TypeDirect peer
Description

Donatelle is a medical device contract manufacturer specializing in interventional and complex medical devices including catheters and delivery systems. Directly comparable as a Minnesota-based mid-sized CDMO serving overlapping OEM customers in cardiovascular and other therapy areas.

TypeDirect peer
Description

Medical Murray is a medical device CDMO specializing in design, development, and manufacturing of minimally invasive devices including catheters and implant delivery systems. Closely comparable business model and therapeutic area focus.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat5 records

Each record includes

Type, Details

Key risks5 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Segment5 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile5 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature6 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles9 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

Subsidiaries2 records

Each record includes

Name, Acquired on, Relationship type, Type, Business focus

Compliance3 records

Each record includes

Name, Class, Description

Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds1 record

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors1 record

Each record includes

Name, Type, Date of entry, Rounds participated, Website

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

M&A2 records

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

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

Switchback Medical

Contract Medical Device Manufacturing (CDMO)switchbackmedical.com

Switchback Medical is a U.S.-based medical device CDMO that designs, develops, and manufactures minimally invasive catheters, delivery systems, and components for medical device OEMs across neurovascular, structural heart, and cardiovascular applications. It provides single-source solutions from concept through sterilization.

What Switchback Medical does

Switchback Medical is a U.S.-based medical device contract development and manufacturing organization (CDMO) founded in 2018 and headquartered in Brooklyn Park, Minnesota. The company designs, develops, and manufactures highly precise catheters, delivery systems, and components for minimally invasive medical devices, serving medical device OEMs across neurovascular, structural heart, cardiovascular, peripheral vascular, and electrophysiology applications. Core manufacturing capabilities include thermoplastic and FEP extrusions, etched PTFE liners, balloon catheter forming (compliant, non-compliant, neurovascular, and high-pressure braided), reinforced composite shaft construction with wire coil and braid, steerable catheter development using 3D-printed handle prototyping, Nitinol shape setting, complex delivery system assembly, and precision laser processing.

The company operates a 120,000 sq. ft. purpose-built facility with approximately 13,500 sq. ft. of ISO Class 7 cleanroom, certified to ISO 13485:2016 and registered with the FDA under 21 CFR Part 820. Following an October 2025 strategic investment from TJC, L.P., Switchback merged with LightningCath (extrusion components) and Proto Lase (precision laser processing) into a single integrated platform providing single-source solutions from concept and prototyping through finished device packaging and sterilization. Geographic operations include Brooklyn Park, Minnesota, plus Costa Rica facilities in Coyol Free Trade Zone (leased April 2026, 18,000 sq. ft.) and Evolution Free Zone (planned 2027), establishing nearshore manufacturing for thermoplastic extrusion and top-level assembly.

Switchback generates revenue through project-based CDMO contracts covering design services, prototyping, component manufacturing, finished device assembly, testing, packaging, and sterilization, with pricing structured on a quote-based model tied to device complexity, volume, and development stage. Go-to-market is exclusively direct enterprise field sales to medical device OEMs, with customers invited onsite for collaborative development. The company is privately held under TJC sponsorship, with founders Brady Hatcher (CEO) and Randy Beyreis (CTO) retaining significant ownership, and a senior team that includes COO Jim Moran (appointed January 2026), CFO Joe Kwiatkowski, and VPs across program management, operations, business development, R&D, and quality.

Switchback Medical firmographics

Firmographics
Name
Switchback Medical
Legal name
Switchback Medical, LLC
Website
https://www.switchbackmedical.com/
Company type
Private
Founded year
2018
Operating status
Operating
Headcount range
1–10 employees
Short description
Switchback Medical is a U.S.-based medical device CDMO that designs, develops, and manufactures minimally invasive catheters, delivery systems, and components for medical device OEMs across neurovascular, structural heart, and cardiovascular applications. It provides single-source solutions from concept through sterilization.
Ownership category
akta.pro rank

Switchback Medical industry classification

Industry
Product category
Contract Medical Device Manufacturing (CDMO)
NAICS
Surgical and Medical Instrument Manufacturing (339112)
SIC
Surgical & Medical Instruments & Apparatus (3841)
akta.pro primary industry
Process Development & Tech Transfer Services (CDMO) (HLAGABAL)

Keywords

  • Contract medical device manufacturing
  • Catheter design services
  • Minimally invasive devices
  • Medical device prototyping
  • FDA registered contract manufacturing

Where Switchback Medical is headquartered

Location

Headquarters

HQ city
Maple Grove
HQ country
United States
HQ region
North America

Offices3 records

Markets served

Switchback Medical business model

Business model
GTM type
B2B
Offering type
Services
Cost components
Personnel, Operations, Infrastructure, Technology or R&D, Supply Chain, Marketing or Sales

Revenue model

  1. Contract Design and Manufacturing Services: Switchback Medical operates as a contract development and manufacturing organization (CDMO) providing end-to-end services from concept development through commercialization. Revenue is generated through project-based contracts for design services, prototyping, manufacturing, assembly, testing, and packaging/sterilization of medical devices. The company serves as a single-source provider allowing customers to engage at any stage of development.
  2. Finished Device Manufacturing: Production of finished goods - manufacturing full assemblies or finished medical devices from component or assembly level into packaged and sterilized finished products. Focus on minimally invasive interventional devices including balloon catheters, delivery systems, and biomedical textile devices.

Go-to-market motion2 records

Distribution channels2 records

Marketing channels5 records

Switchback Medical product offering

Product offering

Core offering

Switchback Medical is a contract development and manufacturing organization (CDMO) that designs, develops, and manufactures minimally invasive medical devices, with specialization in highly precise catheters, delivery systems, and components. The company offers single-source solutions spanning concept development, prototyping, testing, full-scale manufacturing, finished device assembly, packaging, and sterilization for medical device OEMs. Through its combined platform with LightningCath (thermoplastic extrusion) and Proto Lase (laser processing), Switchback delivers vertically integrated capabilities from component fabrication through finished, sterile-packaged devices.

Product overview

Switchback Medical operates as a unified platform combining three specialized brands: Switchback Medical (core CDMO), LightningCath (catheter component manufacturing), and Proto Lase (laser processing). The platform offers single-source solutions for contract design and manufacturing of minimally invasive medical devices, from concept development through finished device packaging and sterilization. Core products include balloon catheters, steerable catheters, reinforced catheters, delivery systems, and Nitinol components. The company serves therapeutic areas including structural heart, neurovascular, peripheral vascular, electrophysiology, and interventional cardiology.

Differentiator

Problem solved

Functional benefit

Brands

  • LightningCath: Component-focused catheter manufacturer providing extrusion, design, and assembly solutions for interventional medical devices, including thermoplastic extrusions, FEP heat-shrink tubing, and etched PTFE liners for complex catheter shafts.
  • Proto Lase

Products and services

  • Switchback Medical Contract Design and Manufacturing Services (CDMO) Core CDMO offering providing single-source contract design, development, prototyping, manufacturing, assembly, packaging, and sterilization services for minimally invasive interventional medical devices (balloon catheters, steerable catheters, reinforced catheters, delivery systems, and Nitinol components), serving medical device OEMs across neurovascular, structural heart, peripheral vascular, electrophysiology, and interventional cardiology therapeutic areas.
  • LightningCath Component Manufacturing Sub-brand offering component-focused catheter manufacturing services, including thermoplastic extrusions, FEP heat-shrink tubing, and etched PTFE liners used as critical components in complex catheter shafts, supporting early-stage prototyping and pilot production across structural heart, neurovascular, peripheral vascular, interventional cardiology, and electrophysiology.
  • Proto Lase Precision Laser Processing Services Sub-brand offering precision laser processing services including laser cutting, ablation, marking, tube cutting, drilling, and wire stripping for medical devices, working with metals including Nitinol and various plastics to support catheter and delivery system manufacturing.

Companies that use Switchback Medical

Customer profile

Segments5 records

Ideal customer profiles5 records

Switchback Medical technology and API

Technology

Technology focussed Yes

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature6 records

Switchback Medical partnerships and signals

Strategic signal

Partnerships

Six partnerships are on record, tiered major, core and supporting.

  • Coyol Free Trade ZonemajorStrategic or Co-development Partner · 13 April 2026Coyol Free Trade Zone is a prominent medical technology hub in Costa Rica. Switchback Medical signed a lease for an 18,000-square-foot facility including 3,500 sq. ft. cleanroom. The facility will support medical device component manufacturing with initial focus on thermoplastic extrusion and precision components. This represents the first phase of Switchback's Costa Rica strategy.
  • LightningCath, Inc.coreStrategic or Co-development Partner · 1 October 2025LightningCath is a component-focused catheter manufacturer providing extrusion, design, and assembly solutions for interventional medical devices. Core capabilities include thermoplastic extrusions, FEP heat-shrink tubing, and etched PTFE liners. Combined with Switchback Medical to create a unified platform with comprehensive catheter manufacturing capabilities. Founded in 2022.
  • Proto Lase, Inc.coreStrategic or Co-development Partner · 1 October 2025Proto Lase is a precision laser processing provider focused on medical device applications including laser ablation, tube cutting, welding, and marking. Capabilities support catheter and delivery system manufacturing with high-accuracy component fabrication for structural heart, neurovascular, and peripheral vascular therapies. Combined with Switchback Medical to create a unified platform. Founded in 2018.
  • Evolution Free ZonemajorStrategic or Co-development Partner · 20 May 2025Evolution Free Zone, developed by CODE Development Group, is a high-tech business park in Costa Rica (Tacares de Grecia). Switchback Medical established operations as the seventh company to confirm arrival in the free trade zone, which projects to provide more than 20,000 quality jobs over 15 years. The free zone offers world-class infrastructure, skilled labor, and a solid business ecosystem for medical technology companies.
  • PROCOMER (Costa Rican Foreign Trade Promotion Agency)supportingStrategic or Co-development PartnerPROCOMER is Costa Rica's foreign trade promotion agency. CEO Laura López welcomed Switchback Medical's investment, noting Costa Rica's position as a strategic destination for advanced medical manufacturing solutions with 29% year-over-year growth in medical technology exports in early 2025.
  • Government of Costa Rica (Ministry of Foreign Trade)supportingStrategic or Co-development PartnerThe Minister of Foreign Trade, Manuel Tovar, welcomed Switchback Medical to Costa Rica, affirming the government's commitment to providing necessary conditions for successful operations. Costa Rica has become a global strategic hub for advanced manufacturing with a strong ecosystem for medical device production.

Scale indicators6 records

Recent moves10 records

Expansion highlights5 records

Switchback Medical competitors and assessment

Company assessment

Direct peers

  • Avalign Technologies: Avalign Technologies is a medical device manufacturer and outsourced services provider focused on implants, instruments, and delivery systems. Comparable mid-sized CDMO with similar specialization in complex medical device manufacturing for OEM customers.
  • Viant Medical: Viant Medical is a medical device contract manufacturer offering design, engineering, and manufacturing services for minimally invasive and other medical devices. Closely comparable business model focused on OEM customers with vertically integrated capabilities.
  • Cretex Medical: Cretex Medical is a medical device contract manufacturer providing design, prototyping, and production services including precision machined components and assemblies for interventional medical devices. Comparable mid-sized CDMO with similar OEM customer base and Minnesota-based presence.
  • Tegra Medical: Tegra Medical is a medical device CDMO specializing in precision manufacturing of interventional devices, including catheters, delivery systems, and complex components. Highly comparable as a similarly-sized specialist serving overlapping therapeutic areas and customer profiles.
  • Mach Medical (Hyperion Materials & Technologies subsidiary): Mach Medical is a precision medical device manufacturer focused on interventional catheters, components, and assemblies. Comparable as a specialist CDMO serving overlapping minimally invasive device OEMs.
  • Donatelle: Donatelle is a medical device contract manufacturer specializing in interventional and complex medical devices including catheters and delivery systems. Directly comparable as a Minnesota-based mid-sized CDMO serving overlapping OEM customers in cardiovascular and other therapy areas.
  • Medical Murray: Medical Murray is a medical device CDMO specializing in design, development, and manufacturing of minimally invasive devices including catheters and implant delivery systems. Closely comparable business model and therapeutic area focus.

Others

  • JOTEC (part of Artivion): Artivion (formerly CryoLife) is a medical device company that, through its JOTEC subsidiary, develops and manufactures stent grafts and delivery systems. Adjacent as a vertically integrated device company that performs its own catheter design and manufacturing in overlapping therapeutic areas.

Broad incumbents

  • Integer Holdings Corporation: Integer Holdings is one of the largest medical device outsource manufacturers globally, offering design, manufacturing, and assembly services for medical devices including catheters and delivery systems. Directly comparable as a large-scale CDMO competing for similar OEM customers across cardiovascular, neurovascular, and other therapy areas.
  • Nordson Medical: Nordson Medical is a division of Nordson Corporation providing component and contract manufacturing services for medical devices, including catheter components, balloons, and delivery systems. Comparable as a large incumbent with overlapping capabilities serving similar interventional device OEMs.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

Switchback Medical social profiles

Digital presence

Switchback Medical compliance and trust

Trust signal

Compliance3 records

Switchback Medical financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Switchback Medical leadership team

Management profile

Number of profiles

Profiles9 records

Switchback Medical subsidiaries and ownership

Company hierarchy

Subsidiaries2 records

Switchback Medical funding detail

Funding detail

Funding overview

Funding rounds1 record

Investors1 record

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

Switchback Medical M&A and investment

M&A and investment

M&A2 records

Investments

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

Frequently asked questions about Switchback Medical

What does Switchback Medical do?

Switchback Medical is a contract development and manufacturing organization (CDMO) that designs, develops, and manufactures minimally invasive medical devices, with specialization in highly precise catheters, delivery systems, and components. The company offers single-source solutions spanning concept development, prototyping, testing, full-scale manufacturing, finished device assembly, packaging, and sterilization for medical device OEMs. Through its combined platform with LightningCath (thermoplastic extrusion) and Proto Lase (laser processing), Switchback delivers vertically integrated capabilities from component fabrication through finished, sterile-packaged devices.

Is Switchback Medical a public or private company?

Switchback Medical is a private company. It is classified as private equity controlled and is currently operating.

When was Switchback Medical founded?

Switchback Medical was founded in 2018. It employs 1 to 10 people.

Where is Switchback Medical based?

Switchback Medical is headquartered in Maple Grove, United States, in the North America region.

How does Switchback Medical make money?

Two revenue lines are on record. Contract Design and Manufacturing Services are the primary driver. The others are finished Device Manufacturing.

Who are Switchback Medical's main competitors?

Direct peers on record are Avalign Technologies, Viant Medical, Cretex Medical, Tegra Medical, Mach Medical (Hyperion Materials & Technologies subsidiary), Donatelle and Medical Murray. JOTEC (part of Artivion) is listed as an others. Broad incumbents are Integer Holdings Corporation and Nordson Medical.

Does Switchback Medical have an API?

No public API is recorded for Switchback Medical.

What industry is Switchback Medical in?

Switchback Medical's product category is Contract Medical Device Manufacturing (CDMO). Its primary akta.pro industry code is HLAGABAL, Process Development & Tech Transfer Services (CDMO). Its NAICS code is 339112 and its SIC code is 3841.

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Live signals
BioSpaceSwitchback Medical Signs Lease for 18,000 Square Foot Facility in Costa Rica’s Coyol Free Trade ZoneSwitchback Medical signed a lease for an 18,000-square-foot facility in Costa Rica's Coyol Free Trade Zone, including a 3,500-square-foot cleanroom. The site will support component manufacturing with ISO 13485 certification later this year, and a second, larger site is planned in the Evolution Free Trade Zone for 2027.Pulse 2.0Switchback Medical: Strategic Investment Raised From TJCSwitchback Medical announced a strategic investment from an affiliate of TJC, L.P., coinciding with its merger with affiliates LightningCath and Proto Lase to form a unified medical technology platform. This transaction positions the combined entity to scale its operations in designing and manufacturing minimally invasive medical devices under the leadership of CEO Brady Hatcher.SwitchbackmedicalSwitchback Medical Announces Strategic Investment from TJC and Combination with LightningCath and Proto Lase.Switchback Medical, LLC has received a strategic investment from TJC, L.P. and combined with its affiliates LightningCath, Inc. and Proto Lase, Inc. into a single platform, with existing shareholders continuing as significant owners. TJC has $33.2 billion in assets under management as of June 2025 and plans to support organic growth, strategic acquisitions, and operational investments. The combined company, led by Co-Founder and CEO Brady Hatcher, specializes in designing, developing, and manufacturing precision catheters, delivery systems, and components for minimally invasive medical devices.PharmiWeb.comSwitchback Medical Announces Strategic Investment From TJC and Combination With LightningCath and Proto LaseTJC, a private investment firm with $33.2 billion in assets under management, made a strategic investment in Switchback Medical, which has combined its affiliates LightningCath and Proto Lase into a single platform under the Switchback name. The investment will provide resources to support organic growth, strategic acquisitions, and operational investments, with the businesses' founders and existing shareholders continuing as significant owners. Switchback is a specialized design, development, and manufacturing partner for catheters, delivery systems, and components used in minimally invasive medical devices across structural heart, peripheral vascular, neurovascular, electrophysiology, and interventional cardiology therapeutic areas.