Sp Medical

What Sp Medical does

SP Medical A/S, headquartered in Karise, Denmark, is a specialty medical device and surface treatment manufacturer operating as a business unit of SP Group A/S. The company develops and produces plastic and surface solutions for the global pharmaceutical and medical device industries, with three core product lines: Medical Devices (injection-molded components, implants, needles, cannulae, dispensers, and complete single-use devices manufactured in Class 7, 8, and 9 cleanrooms), Guide Wires (branded Accoat, Poseidon, and Champion stainless-steel and hydrophilic Nitinol wires for cardiology, urology, radiology, and angiography), and Coatings (hydrophobic, hydrophilic, and precious-material dip coatings down to 3 micrometers applied in cleanrooms).

The company's technology stack centers on multi-component and Spin Stack injection molding with clamping forces from 25 to 400 metric tons, in-house metrology (DeMeet, Zeiss, MSA/Q-DAS), and vertically integrated capabilities from design and tooling through regulatory documentation and distribution. It holds ISO 13485:2016, ISO 14001:2015, ISO 45001:2018, and CE marking under EU MDR 2017/745, with product-specific Technical Documentation Assessment certificates and Free Sale Certificates for each guide wire family and DivibaX swab.

Commercially, SP Medical runs a hybrid B2B model combining direct OEM sales of bulk-packaged components to medical device manufacturers with an international distributor channel for sterile, CE-marked individually packed guide wires, supported by regional sales managers covering Scandinavia, France/Benelux, Asia, and other markets. Manufacturing is split between Denmark and a wholly-owned Polish subsidiary (SP Medical Sp. z.o.o., Zduńska Wola), with sales offices in France (Saintines) and China (Suzhou). Pricing is quote-based and not publicly disclosed, and there is no public indication of named enterprise customers, suggesting a fragmented customer base served through OEMs and distributors.

Name

Sp Medical

Legal name

SP Medical A/S

Website

https://sp-medical.com

Company type

Private

Operating status

Operating

Headcount range

101–250 employees

Short description

SP Medical A/S is a Danish medical device and surface treatment manufacturer (division of SP Group A/S) producing injection-molded components, branded guide wires (Accoat, Poseidon, Champion), and hydrophobic/hydrophilic coatings for global pharmaceutical and medical device OEMs and distributors.

Ownership category

akta.pro rank

Product category

Medical Device Manufacturing

NAICS

Surgical and Medical Instrument Manufacturing (339112), Surgical Appliance and Supplies Manufacturing (339113)

SIC

Surgical & Medical Instruments & Apparatus (3841), Plastics Products, Nec (3089)

akta.pro primary industry

Medical & Life Sciences Injection Molding (Devices, Diagnostics, Cleanroom) (IMANAFAC)

akta.pro secondary industry

Single-Use Medical Disposables & Procedure Kits (Drapes, Tubing, Catheters, Syringes, Custom Packs) (HLAHANAG)

Keywords

• Medical device manufacturing
• Guide wire production
• Plastic injection molding
• Surface coatings
• Pharmaceutical components

Headquarters

HQ city

Karise

HQ country

Denmark

HQ region

Europe

Offices4 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Medical Device Manufacturing: Contract manufacturing of medical devices using injection molding technology for individual components, processed plastic components, and complete devices including documentation for regulatory approval.
2. Guide Wire Products: Manufacturing and sale of branded guide wires (Accoat, Poseidon, Champion) and private-label OEM products with sterile CE-marked options for cardiology, urology, radiology, and angiography applications.
3. Coating Services: Surface treatment services providing hydrophobic, hydrophilic, and precious material coatings for medical devices including catheters, cannulae, guide wires, and needles.
4. Private Label/OEM Manufacturing: Customized guide wire and medical device manufacturing under customer brands, including bulk-packaged OEM products and sterile individually packed products per Directive 93/42/EEC.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels4 records

Core offering

SP Medical develops and manufactures plastic and surface solutions for the global pharmaceutical and medical devices industries. The company operates across three product areas: injection molded Medical Devices (dispensers, implants, needles, single-use devices), branded Guide Wires (Accoat, Poseidon, Champion for cardiology, urology, radiology, angiography), and precision Coatings (hydrophobic and hydrophilic surface treatments). Capabilities span design, development, production, and distribution of complete devices with regulatory documentation.

Product overview

Sp Medical develops and manufactures plastic and surface solutions for the global pharmaceutical and medical devices industries. The company operates across three core product areas: Medical Devices (injection molded components and complete devices including dispensers, implants, needles, and single-use devices), Guide Wires (manufactured under Accoat, Poseidon, and Champion brands for cardiology, urology, radiology, and angiography applications), and Coatings (hydrophobic and hydrophilic surface treatments). The company offers capabilities spanning design, development, production, and distribution with over 60 years of experience in plastic manufacturing and 25 years in guide wires.

Differentiator

Problem solved

Functional benefit

Brands

• Accoat: Guide Wire brand - Seldinger, Seldinger Double Ended, Movable, Standard Guide Wire (Lunderquist PTC, Schüller PTC)
• Poseidon
• Champion

Products and services

• Medical Devices Injection molded medical devices including dispensers, implants, needles, canulla, dosage systems, and single-use devices for hospitals. Manufactured using multi-component molding, air molding, and insert molding technologies in Class 7, 8, and 9 cleanrooms.
• Guide Wires Medical guide wires developed and manufactured under Accoat, Poseidon, and Champion brands. Includes stainless-steel and hydrophilic Nitinol core guide wires for cardiology, urology, radiology, and angiography applications.
• Coatings Hydrophobic, hydrophilic, and precious material coatings applied via dip coating to reduce friction or provide electrical insulation on medical devices including catheters, canulla, guide wires, cores, spirals, thread, springs, and needles. Coatings down to 3 micrometers may be applied.
• Dispensers Clipless PP/PE dispensers in circular or oval shapes tailored to guide wire lengths. Includes straighteners and female luer locks available in various colors.

Quantifiable outcome

• Among the largest guide wire manufacturers in Europe
• +1 more outcomes

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Scale indicators3 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• Resonetics: Specialty medical device manufacturer with a strong guide wire and nitinol centerless grinding business alongside other interventional components — directly comparable as a competitor in SP Medical's core guide wire category with similar interventional-medicine customer base.
• Nolato AB: Swedish polymer solutions group with a dedicated Medical Solutions business (including the former GW Plastics) providing injection-molded medical device components and full assembly — directly comparable to SP Medical's medical device injection molding and cleanroom manufacturing for medtech OEMs.
• Stevanato Group: Italian provider of drug containment, drug delivery, and medical device solutions including plastic components for diagnostics and pharma — comparable as a multi-segment European medical plastics manufacturer with regulatory depth serving global medtech customers.
• Freudenberg Medical (Helix Medical): Global medical device contract manufacturer combining Helix Medical's molding/assembly, specialty coatings and surface treatment for minimally invasive devices — comparable to SP Medical's combined injection molding and hydrophilic/hydrophobic coating service offering.
• Mack Molding / Mack Medical: US-based custom molder with a dedicated Mack Medical division providing injection-molded medical device components and assemblies — directly comparable to SP Medical's medical device contract manufacturing model for medtech OEMs.
• Phillips-Medisize: A Molex-owned contract developer and manufacturer specializing in drug delivery, diagnostics, and medical device injection molding with cleanroom production — directly comparable to SP Medical's end-to-end medical device manufacturing capability for global medtech OEMs.
• Spectrum Plastics Group: Specialty medical plastics manufacturer with precision extrusion, injection molding, and catheter/guide wire-related capabilities for minimally invasive devices — directly comparable to SP Medical's combination of medical plastics processing and interventional device focus.
• Biomerics: Vertically integrated medical device contract manufacturer serving interventional, imaging, and minimally invasive device OEMs with injection molding and assembly — closely aligned with SP Medical's vertically integrated medical device and guide wire offering.

Broad incumbents

• Teleflex Incorporated: Global medical technology company with a significant interventional and guide wire franchise (e.g., Arrow, GlideWire) — comparable as a broader incumbent in the same end-procedure guide wire and interventional access category served by SP Medical's branded and OEM guide wires.
• Asahi Intecc: Japanese leader in guide wire technology and interventional device components, with proprietary Nitinol processing and hydrophilic coating IP — comparable as a global guide wire peer with deeper R&D and direct hospital sales reach that competes with SP Medical's branded Accoat/Poseidon/Champion guide wires.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks7 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/watch?v=2pcYP3OBvQ4
• LinkedInlinkedin.com/company/sp-medical-a-s

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Subsidiaries3 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 Sp Medical