ITW Medical

Name

ITW Medical

Legal name

ITW Medical, a division of Illinois Tool Works Inc.

Website

https://itwmedical.com

Company type

Private

Founded year

2012

Operating status

Operating

Headcount range

251–500 employees

Ownership category

akta.pro rank

Product category

Medical Device Components Manufacturing

NAICS

Industrial and Commercial Fan and Blower and Air Purification Equipment Manufacturing (333413), Measuring, Dispensing, and Other Pumping Equipment Manufacturing (333914), Industrial Machinery Manufacturing (3332)

SIC

General Industrial Machinery & Equipment (3560)

akta.pro primary industry

Medical & Pharmaceutical Thermoformed Packaging (IMANAHAB)

akta.pro secondary industries

Sterile Fill-Finish & Aseptic Manufacturing CDMO (HLAGABAH), Custom Thermoforming & Contract Manufacturing (IMANAHAI)

Keywords

• Medical device components
• Fluid management products
• Filtration component manufacturing
• Medical flow control valves
• Contract medical manufacturing

Headquarters

HQ city

Hebron

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Medical Component Manufacturing: ITW Medical generates revenue through the manufacture and sale of custom and standard fluid management, flow control, and filtration components to OEM medical device manufacturers. Products include check valves, IV filters, vent caps, syringe filters, pre-bypass filters, and fluid management devices.
2. Contract Manufacturing Services: Provides comprehensive contract manufacturing services including medical device design, tooling and mold development, injection molding, assembly, and packaging. Also offers regulatory support including 510(k) submissions and sterilization services.
3. Rapid Prototyping: Prototype tool building services that help customers improve designs and assemblies before production begins, identifying and eliminating problems prior to mass production.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels4 records

Core offering

ITW Medical designs and manufactures custom and standard fluid management, flow control, and filtration components for OEM medical device manufacturers. The company operates two sub-brands — COEUR (fluid management products such as sterile syringes, tubing, and assemblies) and FILTERTEK (filtration and flow control products including check valves, vent caps, and IV filters) — across four global manufacturing locations with ISO Class 100,000 clean rooms. In addition to components, the company offers full-service contract manufacturing from design and tooling through injection molding, assembly, packaging, sterilization, and regulatory submission support including 510(k) clearance assistance.

Product overview

ITW Medical is a leading manufacturer of custom and standard fluid management, flow control, and filtration components for the medical device industry. The company operates two primary sub-brands: COEUR (fluid management products including sterile syringes, fluid delivery, medical tubing and assemblies, and dispenser coils) and FILTERTEK (filtration and flow control products including check valves, vent caps, I.V. filters, and micro-infusion filters). ITW Medical offers ISO Class 100,000 clean room manufacturing and holds over 40 patents and 28 510Ks. The company also distributes products through Chamfr marketplace and provides engineering capabilities including CAD design, mold flow analysis, FEA, and rapid prototyping via SLA and SLS technologies.

Differentiator

Problem solved

Functional benefit

Brands

• COEUR: Vertically integrated supplier of packaged sterile medical devices for diagnostic and interventional procedures. Provides state-of-the-art design and contract manufacturing including medical device design, tooling, mold development, injection molding, tubing extrusion, assembly, packaging, sterilization, and regulatory support.
• Filtertek

Products and services

• COEUR Vertically integrated supplier of packaged sterile medical devices for diagnostic and interventional procedures, offering medical device design, tooling, mold development, injection molding, tubing extrusion, assembly, packaging, sterilization, and regulatory support including 510(k) submissions. Intended for OEM medical device manufacturers.
• FILTERTEK Partners with OEM Medical Device and Life Science companies to develop highly engineered polymer consumables for medical devices, offering expert technical polymer molding, Solid Works Finite Element Analysis, Computational Flow Dynamics, Mold Flow Analysis, rapid prototyping, and cross-functional collaboration from concept to commercialization. Includes anti-reflux check valves, anti-siphon valves, and custom valves.
• Check Valves Medical check valves including EuroValve, anti-reflux check valves, anti-siphon valves, low/high opening pressure valves, and 3-way check valves. Uses USP Class VI materials, is latex-free, and is compatible with chemotherapy treatments. Applications include infusion systems, IV lines, and medical diagnostic equipment.
• Vent Caps Plastic encapsulated filter assemblies using medical grade engineered plastics with woven and synthetic filtering media, including hydrophobic and oleophobic vent caps in pore sizes from 0.2µm to 5.0µm for medical and laboratory applications including I.V. and enteral feeding.
• Adult I.V. Filters (MediPure) Self-priming adult I.V. filters designed for patient care safety and reliability, available in 0.2µm, 1.2µm, HiFlo, and positively charged versions. Uses medical grade acrylic housing with polyethersulfone membrane for high solution flow. Applications include aqueous solutions, TPN solutions, drug delivery, and drug transfer.
• Micro-Infusion Filters Designed to vent air from I.V. lines and prevent bacterial contamination, available in pore sizes from 0.2µm to 1.2µm including PES and cellulose acetate membranes. Applications include critical-care neonate, pediatrics, chemotherapy, insulin-infusion, and antibiotic therapy.
• Pre-Bypass Filters Disposable filters for extracorporeal circuits designed to filter recirculating, non-cellular priming solutions, available in 0.2µm or 5µm pore sizes with flow direction arrows molded into the housing.
• Cylinder Filters Plastic filter assemblies using medical grade engineered plastics with synthetic filtering media designed for flow and particle retention in medical healthcare applications.
• Syringe Filters Designed for small volume HPLC, organic and aqueous sample preparation, and as part of intravenous drug delivery systems in the healthcare industry.
• Fluid Management Products Components including injector syringes (angiographic, CT), injection tubing (high/low pressure, coiled line, Y-tube), and transfer sets (fill tube with J curve, long/short spike) used in diagnostic and interventional medical procedures.
• Inline Filters Medical-grade inline filters distributed via the Chamfr marketplace as part of ITW Medical's fluid filtration and flow control portfolio.
• Transducer Protectors Fluid management components listed under ITW Medical's product categories for use in medical fluid handling applications.
• Contract Manufacturing Services Comprehensive contract manufacturing services including medical device design, tooling and mold development, injection molding, assembly, packaging, sterilization, and regulatory support including 510(k) submissions for OEM medical device manufacturers.
• Rapid Prototyping Services Prototype tool building and rapid prototyping services using Stereolithography (SLA) and Selective Laser Sintering (SLS) with highly engineered thermoplastic resins including PPS and PPA, helping customers improve designs and identify issues before mass production.

Quantifiable outcome

• High-volume production capacity of approximately 1,000,000 pieces per week
• +2 more outcomes

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

One partnership is on record.

• Illinois Tool Works Inc. (ITW)coreOthersITW Medical is a division of Illinois Tool Works Inc. (NYSE: ITW), a $16.2 billion diversified manufacturer. ITW began making filtration products in the early 1970s for automotive and industrial markets, and in 2012 ITW Medical was formed to provide focused medical device development and manufacturing support.

Scale indicators6 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• Spectrum Plastics Group: Spectrum Plastics Group is a medical plastic manufacturing specialist offering injection molding, extrusion, and assembly for medical devices including filtration and fluid management products. It competes directly with ITW Medical in custom medical plastic component manufacturing.
• Integer Holdings: Integer Holdings is a major medical device contract manufacturer serving OEMs with components and finished devices, particularly in cardiac, vascular, and fluid management applications. It is a direct peer to ITW Medical in medical device contract manufacturing and component supply.
• Nordson MEDICAL: Nordson MEDICAL designs and manufactures medical fluid management components including tubing, connectors, and custom medical devices. It is a direct peer to ITW Medical in fluid management and medical component manufacturing for OEM customers.
• West Pharmaceutical Services: West Pharmaceutical Services is a leading manufacturer of pharmaceutical packaging and medical device components, including elastomeric seals, stoppers, and injection-molded components. It is directly comparable to ITW Medical as a specialized medical components manufacturer with deep regulatory expertise and a focus on injectable drug delivery and medical devices.
• Catalent: Catalent is a major global CDMO providing drug delivery and medical device manufacturing services including injection molding and assembly. While more pharma-focused, it directly competes with ITW Medical in medical device contract manufacturing and OEM-embedded supply.
• ICU Medical: ICU Medical designs and manufactures medical IV therapy products, connectors, and closed-system transfer devices. While more end-product focused, ICU Medical directly overlaps with ITW Medical's customer base of medical OEMs and competes in IV filtration and fluid management.
• Trelleborg Healthcare & Medical: Trelleborg Healthcare & Medical manufactures precision polymer components for medical devices and pharmaceutical applications, including sealing and fluid management products. It directly competes with ITW Medical in custom medical polymer components and contract manufacturing.
• Phillips-Medisize: Phillips-Medisize (a Molex company) is a leading medical device contract manufacturer specializing in plastic injection molding, drug delivery devices, and diagnostic consumables. It directly competes with ITW Medical in providing OEM-embedded medical plastic components and contract manufacturing services.
• Viant Medical (Tekni-Plex Healthcare): Viant Medical (now part of Tekni-Plex) is a medical device contract manufacturer offering plastic injection molding, assembly, and packaging for medical OEMs. It is a direct peer to ITW Medical in vertically integrated medical device contract manufacturing.

Broad incumbents

• Becton Dickinson (BD): Becton Dickinson is a global medical technology company with significant fluid management and filtration product lines including IV therapy and drug delivery devices. As a large incumbent, BD overlaps with ITW Medical's product categories but operates at much greater scale and across a broader portfolio.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/itwmedical

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries1 record

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 ITW Medical