Precision Medical Technologies

Precision Medical Technologies

Is this your company? Claim your profile to update info and connect with investors.
Claim profile

Private Company

Total funding raised: $9.2M

Overview

Precision Medical Technologies is a private, revenue-generating contract manufacturing organization (CMO) focused on the orthopedic medical device sector. Founded in 2010 and headquartered in San Diego, the company leverages its vertically integrated manufacturing capabilities across three Indiana facilities to help OEM clients accelerate time-to-market and reduce costs. Its business model is centered on providing comprehensive services, including design, machining, finishing, and supply chain management, primarily for established, commercial-stage orthopedic implants and instruments.

OrthopedicsMusculoskeletal Disorders

Technology Platform

Vertically integrated contract manufacturing platform for medical devices, offering Design for Manufacturability (DFM), precision machining, prototyping, high-volume production, finishing, assembly, and sterile packaging services under an ISO 13485:2016 certified quality system.

Funding History

2
Total raised:$9.2M
Series A$8M
Seed$1.2M

Opportunities

The aging global population and rising rates of sports injuries are driving steady growth in the orthopedic device market.
Additionally, medical device OEMs are increasingly outsourcing manufacturing to specialized firms to reduce capital costs and accelerate development, creating a expanding market for contract services.

Risk Factors

Key risks include dependence on a concentrated client base, exposure to volatile raw material costs, and the ever-present risk of a quality failure that could damage its reputation and regulatory standing.
The company also operates in a highly competitive contract manufacturing landscape.

Competitive Landscape

PMT competes with other specialized medical device contract manufacturers (CMOs) and potentially with the in-house manufacturing capabilities of large orthopedic OEMs. Competitors range from large, global CMOs to smaller regional shops, with competition based on quality, cost, speed, technological capability, and regulatory expertise.