Integer Holdings Corp (NYSE: ITGR)

Integer Holdings Corporation is a leading medical device contract development and manufacturing organization headquartered in Plano Texas. The company provides design development and manufacturing services for components subassemblies and finished devices used in the Cardio and Vascular Neuromodulation and Cardiac Rhythm Management markets. Its brands include Greatbatch Medical and Lake Region Medical. Integer Holdings Corporation focuses on delivering high quality solutions to multinational original equipment manufacturers through a global network of manufacturing sites.

Integer Holdings Corporation generates revenue by selling medical device components subassemblies and finished products to its customers. The company’s revenue comes from three principal product lines: Cardio and Vascular Cardiac Rhythm Management and Neuromodulation and Other Markets. Within these lines it offers items such as catheter based systems implantable pulse generators leads batteries and minimally invasive surgery tools. The primary customers are large multinational medical device original equipment manufacturers that purchase custom and standard parts for their own product lines.

The company operates through the following segments:

• Integer Holdings Corporation operates as a single reportable segment that encompasses its contract development and manufacturing business. This segment includes the Cardio and Vascular product line which produces components for interventional cardiology structural heart heart failure peripheral vascular neurovascular electrophysiology vascular access infusion therapy hemodialysis urology and gastroenterology procedures. It also includes the Cardiac Rhythm Management and Neuromodulation product line which supplies implantable pulse generators leads batteries device enclosures and related accessories for cardiac rhythm and neurotherapy applications. Finally the segment covers the Other Markets line which provides products for minimally invasive surgery orthopedics and portable medical equipment. All activities are supported by a global footprint of manufacturing facilities in the United States Mexico Uruguay Ireland Malaysia Costa Rica and the Dominican Republic.

Integer Holdings Corporation holds a strong position as one of the world’s largest medical device contract development and manufacturing organizations. Its competitive advantages arise from a broad technology platform that covers design engineering material processing and final assembly capabilities. The company benefits from a large installed base of manufacturing equipment a deep intellectual property portfolio that includes hundreds of patents and a reputation for quality and regulatory compliance. While the contract manufacturing industry is fragmented with many smaller players Integer Holdings Corporation differentiates itself by offering end to end solutions that range from concept development to finished device delivery and by maintaining long term relationships with major original equipment manufacturers.

The company’s customer base consists primarily of large multinational medical device original equipment manufacturers and their affiliated subsidiaries. In 2025 three customers Abbott Laboratories Boston Scientific and Medtronic each accounted for more than ten percent of total sales and together represented approximately forty nine percent of revenue. In addition to these major clients Integer Holdings Corporation serves a diverse set of other medical device companies that rely on its expertise for specific product programs across its three product focus areas.