XL Precision Technologies

What XL Precision Technologies does

XL Precision Technologies, now operating as Elevaris Medical Devices following its 2024 acquisition by U.S.-based Spectra Medical Devices, is a UK-headquartered Contract Development and Manufacturing Organization (CDMO) specializing in precision medical device components. The company designs, develops, and manufactures procedural needles (radiofrequency, epidural, Huber, biopsy, and peripheral nerve block), precision micro-components, complex tubular components, and sub-assemblies for medical device OEMs, multinational corporations, and emerging medical technology firms. Its manufacturing capabilities span laser technology, micro-machining, precision forming, insert molding, Class 7 cleanroom assembly, grinding, injection molding, and metal finishing, delivered from an FDA-registered, ISO 13485:2016-certified facility in Stockton-on-Tees, England.

The company monetizes through three streams: contract manufacturing on multi-year OEM agreements, contract development services spanning design, documentation, tooling, validation, rapid prototyping, and regulatory support from inception to commercialization, and direct product sales via an e-commerce storefront. Pricing is custom quote-based, calibrated to project specifications and volume, with no publicly disclosed rate cards. The go-to-market motion is sales-led, combining direct enterprise outreach (Request a Quote, Submit a Drawing, Talk to Our Team CTAs), industry event participation (notably COMPAMED in Dusseldorf for EMEA market entry in November 2025), and content marketing to capture top-of-funnel demand.

Customer segmentation is horizontal, split between (1) industry-leading multinational medical device OEMs requiring precision manufacturing, regulatory compliance, and scalable production capacity as the primary segment, and (2) emerging medical technology companies seeking integrated design-to-commercialization support. The company operates from the UK (manufacturing hub), Wilmington, Massachusetts (US office), and Gyeonggi-Do, South Korea (Asia office), with explicit emphasis on EMEA expansion as a strategic priority post-acquisition.

Name

XL Precision Technologies

Legal name

Elevaris Medical Devices Inc.

Website

https://xlprecisiontechnologies.com

Company type

Private

Founded year

1995

Operating status

Acquired

Headcount range

51–100 employees

Short description

XL Precision Technologies, now Elevaris Medical Devices post-acquisition by Spectra Medical Devices, is a UK-based CDMO manufacturing precision procedural needles, micro-components, and tubular assemblies for medical device OEMs and emerging technology companies across the US, EMEA, and Asia.

Ownership category

akta.pro rank

Product category

Medical Device Contract Manufacturing

NAICS

Surgical and Medical Instrument Manufacturing (339112), Navigational, Measuring, Electromedical, and Control Instruments Manufacturing (33451), Electromedical and Electrotherapeutic Apparatus Manufacturing (334510)

SIC

Surgical & Medical Instruments & Apparatus (3841), Electromedical & Electrotherapeutic Apparatus (3845), Measuring & Controlling Devices, Nec (3829)

akta.pro primary industry

Drug Substance–Drug Product Integrated CDMO (HLAGABAG)

akta.pro secondary industries

Clinical Trial Material (CTM) Manufacturing & Supply CDMO (HLAGABAK), Packaging, Labeling & Serialization (Clinical/Commercial) CDMO (HLAGABAJ)

Keywords

• Precision medical manufacturing
• Contract medical device manufacturing
• Procedural needle manufacturing
• Micro-machining services
• Medical device CDMO

Headquarters

HQ city

Stockton-on-tees

HQ country

United Kingdom

HQ region

Europe

Offices3 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 Manufacturing Services: Manufacturing services for procedural needles, precision micro-components, complex tubular components, and sub-assemblies for medical device companies. Revenue is generated through long-term contracts with medical device OEMs.
2. Contract Development Services: Medical device design and development services including documentation, tooling, validation, rapid prototyping, and regulatory support. Services provided from inception through commercialization.
3. Product Sales: Direct sales of procedural needles and precision medical components through e-commerce storefront (shop.elevarismedical.com)

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core offering

XL Precision Technologies (now operating as Elevaris Medical Devices) is a Contract Development and Manufacturing Organization (CDMO) that designs, develops, and manufactures precision medical device components. Its core offerings include procedural needles (radiofrequency, epidural, Huber, biopsy, peripheral nerve block), precision micro-components, complex tubular components, and sub-assemblies, supported by an integrated suite of laser, micro-machining, cleanroom assembly, and precision forming capabilities.

Product overview

Elevaris Medical Devices (formerly XL Precision Technologies, acquired by Spectra Medical Devices) operates as a Contract Development and Manufacturing Organization (CDMO) offering a unified platform of precision medical device manufacturing and development services. The core portfolio includes procedural needles (radiofrequency, epidural, Huber, biopsy, peripheral nerve block), precision micro-components, complex tubular components, and sub-assemblies. These are supported by specialized manufacturing capabilities including laser technology, micro-machining, cleanroom assembly, insert molding, grinding, precision forming, injection molding, and metal finishing. Development services cover the full product lifecycle from design and development through documentation, tooling, validation, rapid prototyping, and regulatory support. The company also distributes complementary pharmaceutical products, surgical instruments, and medical supplies.

Differentiator

Problem solved

Functional benefit

Products and services

• Procedural Needles A range of precision procedural needles including radiofrequency, epidural, Huber, biopsy, and peripheral nerve block needles for applications spanning pain management, oncology, and anesthesia. Targeted at medical device OEMs.
• Precision Micro-Components Precision micro-components manufactured using advanced micro-machining and laser technology for medical device applications requiring tight tolerances at micro-scale.
• Complex Tubular Components Complex tubular components designed and manufactured for medical device applications requiring high precision and quality.
• Sub-Assemblies Medical device sub-assemblies manufactured with precision and quality standards for leading medical device companies.
• Contract Manufacturing Services (CDMO) Contract Development and Manufacturing Organization (CDMO) services providing precision medical device manufacturing via laser technology, micro-machining, cleanroom assembly, insert molding, grinding, precision forming, injection molding, and metal finishing. Targeted at medical device OEMs.
• Design + Development Services Medical device design and development services covering documentation, tooling, fixturing, validation, rapid prototyping, and regulatory support from inception through commercialization. Targeted at medical device OEMs and emerging technology companies.
• Complementary Medical Product Distribution Distribution of complementary pharmaceutical products, surgical instruments, and medical supplies sold via the Elevaris shop storefront.

Named customers1 record

Segments2 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature8 records

Scale indicators2 records

Recent moves5 records

Expansion highlights6 records

Broad incumbents

• Integer Holdings: Integer Holdings is a large, publicly traded medical device outsource manufacturer offering precision components and assembled devices for cardiology, neuromodulation, and other therapy areas. It is comparable as a much larger incumbent in the medical device CDMO space with overlapping precision manufacturing capabilities.
• Nordson Medical (formerly Vention Medical): Nordson Medical, formerly Vention Medical, is a global medical device CDMO offering component fabrication, assembly, and finished device manufacturing. Comparable as a broad incumbent with overlapping precision component and assembly capabilities serving medical device OEMs.
• Freudenberg Medical: Freudenberg Medical (including Helix Medical) is a global CDMO producing precision molded components, tubing, and finished medical devices. Comparable as a broad incumbent serving medical device OEMs with precision manufacturing and assembly capabilities including cleanroom environments.
• MicroPort Scientific Corporation: MicroPort is a large global medical device company with significant in-house precision manufacturing of interventional and surgical devices including needles and tubular components. Comparable as a broad incumbent with overlapping precision medical component capabilities, though it operates more as a vertically integrated device OEM than pure CDMO.

Direct peers

• Spectrum Plastics Group (Polymer Healthcare): Spectrum Plastics Group is a precision medical device CDMO specializing in polymer and specialty components, tubing, and sub-assemblies. It directly competes with Elevaris in contract-manufactured medical components, particularly precision tubular and micro-components for OEM customers.
• Tegra Medical: Tegra Medical is a contract manufacturer of medical devices and precision components, including needles, tubing, and surgical instruments. It is a direct peer in precision medical device manufacturing with overlapping needle production and micro-machining capabilities.
• Avalign Technologies: Avalign Technologies is a medical device CDMO specializing in precision manufacturing, finished devices, and implants for orthopedics, surgical, and other medical markets. It is comparable as a contract manufacturer offering precision components, complex assemblies, and full device manufacturing to OEMs.
• Cretex Medical: Cretex Medical is a precision medical device contract manufacturer offering metal and plastic components, complex assemblies, and finished devices. It is comparable as a mid-sized direct peer in precision medical device contract manufacturing with similar customer profile of OEM medical device companies.
• SMC Ltd. SMC Ltd. is a medical device contract manufacturer specializing in precision molded plastic components, sub-assemblies, and finished devices. It directly competes with Elevaris in precision components and contract manufacturing for medical device OEMs.
• Donatelle: Donatelle is a medical device contract manufacturer specializing in precision molded components, assemblies, and finished devices for interventional and surgical markets. It is a direct peer with similar precision manufacturing capabilities and OEM customer base.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/elevarismedical
• Xx.com/xl_pt

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

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 XL Precision Technologies