Memry Corporation

What Memry Corporation does

Memry Corporation, founded in 1981 and headquartered in Bethel, Connecticut, is a specialty manufacturer of nitinol (nickel-titanium shape memory alloy) materials and components for the medical device industry. Its product portfolio covers medical-grade nitinol tubing, wire, and sheet materials supplied to medical device original equipment manufacturers building next-generation implantable devices, endovascular components, and neurotechnology applications. Following its acquisition by Resonetics in October 2023 — alongside SAES Smart Materials — Memry operates as a wholly-owned subsidiary within a vertically integrated nitinol supply chain with melt-to-component manufacturing capability.

Name

Memry Corporation

Legal name

Memry Corporation

Website

https://memry.com

Company type

Private

Founded year

1981

Operating status

Acquired

Headcount range

501–1,000 employees

Short description

Memry Corporation is a Connecticut-based specialty manufacturer of medical-grade nitinol (nickel-titanium shape memory alloy) tubing, wire, and sheet components, supplying enterprise medical device OEMs in implantable, endovascular, and neurotechnology applications as a subsidiary of Resonetics.

Ownership category

akta.pro rank

Headquarters

HQ city

Bethel

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Medical Device Component Manufacturing: Memry Corporation generates revenue through the manufacturing and supply of nitinol and shape memory alloy components to medical device companies. As part of Resonetics' vertically integrated supply chain acquired in October 2023, Memry provides specialized materials and components for next-generation implantable devices, supporting the growing demand for patient-specific medical device designs.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Memry Corporation manufactures nitinol (nickel-titanium shape memory alloy) materials and components for the medical device industry. Operating as part of Resonetics' vertically integrated nitinol supply chain, the company provides melt-to-component manufacturing capabilities, producing tubing, wire, sheet, and finished components used in implantable devices, endovascular procedures, neurotechnology implants, and minimally invasive surgical instruments.

Product overview

Memry Corporation is a shape memory alloy company specializing in nitinol (nickel-titanium) materials and components for the medical device industry. Following its acquisition by Resonetics in October 2023, Memry operates as part of a vertically integrated nitinol supply chain providing melt-to-component manufacturing capabilities. The company serves the interventional, advanced surgery, and medical device markets with precision-engineered nitinol components used in implantable devices and minimally invasive surgical instruments.

Differentiator

Problem solved

Functional benefit

Products and services

• Nitinol Materials and Components Shape memory alloy (nitinol) materials and components for medical devices, including tubing, wire, and sheet materials, used in implantable devices and interventional applications. Produced through melt-to-component manufacturing as part of Resonetics' vertically integrated nitinol supply chain.
• Nickel-Titanium Shape Memory Alloys Nickel-titanium based shape memory alloys (nitinol) for medical device applications including stents, filters, guidewires, and other minimally invasive surgical instruments, also applicable to aerospace, robotics, and automotive smart-material uses.

Named customers1 record

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Scale indicators2 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• SAES Smart Materials: SAES Smart Materials was acquired alongside Memry by Resonetics in October 2023. It produces nitinol and other shape memory alloy materials, making it a now-sister company and a direct comparable in nitinol raw material and component supply.
• Confluent Medical Technologies: Confluent Medical is a leading contract manufacturer of nitinol-based components and finished medical devices, having acquired NDC (Nitinol Devices & Components). It directly overlaps Memry's melt-to-component contract manufacturing capabilities for medical devices.
• Fort Wayne Metals: Fort Wayne Metals is one of the most direct competitors to Memry, manufacturing nitinol and other specialty alloy wire, tube, and strip products for the medical device industry. It competes head-to-head with Memry in medical-grade nitinol components, particularly for minimally invasive and implantable devices.
• Admedes Schuessler: Admedes is a European-based contract manufacturer specializing in nitinol components (stents, filters, implants) for the medical device industry. It is a direct competitor to Memry in precision nitinol component manufacturing for interventional and implantable applications.

Others

• Medtronic: Medtronic uses nitinol extensively in its interventional and implantable device portfolio. While a customer rather than direct competitor, its sourcing behavior and in-house capabilities are highly relevant to Memry's addressable market dynamics.
• Boston Scientific: Boston Scientific is both a major customer of nitinol component suppliers and a vertically integrated developer of nitinol-based devices (stents, endoscopy tools). It represents a key demand source for Memry and a useful proxy for end-market device economics.
• Edwards Lifesciences: Edwards Lifesciences is a leading structural heart and critical care device company that relies on nitinol for transcatheter heart valve frames and other implants. It is a meaningful end-customer and indicator of demand trends for high-grade nitinol components.

Broad incumbents

• Carpenter Technology Corporation: Carpenter Technology is a specialty alloys producer with a biomedical alloys portfolio including nitinol and other implant-grade materials. It competes with Memry at the materials supply layer, particularly for OEM customers seeking qualified alloy inputs.
• ATI (Allegheny Technologies): ATI is a major specialty metals manufacturer producing nickel-titanium and other advanced alloys. While it serves multiple end markets, its nitinol and biomedical alloys business overlaps with Memry's raw material supply for medical applications.
• Johnson Matthey: Johnson Matthey is a large, diversified specialty chemicals and advanced materials company with exposure to precious metals and medical-grade materials. Its medical materials division produces nitinol and competes broadly with Memry in the supply of high-purity alloy materials for medical devices.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/memry-corporation

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

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 Memry Corporation