UFP Technologies, Inc. Overview
Pro stress-test →UFP Technologies is a designer and custom manufacturer of solutions for medical devices, sterile packaging, and other engineered custom products. The company reports annual revenue of $603 million, with about 92% coming from medical technology customers. It operates as a specialist contract development and manufacturing organization serving medical device OEMs.
Strategic Profile
Pro stress-test →The company benefits from a robust pipeline and recurring revenues as a MedTech leader, positioning it for sustained above-market growth, while efficiency gains, vertical integration, and M&A drive expanding profit margins. Key revenue drivers include robotic surgery (29%), surfaces & support (23%), and interventional & surgical applications (21%).
Competitive Landscape
Pro stress-test →UFP competes with diversified medical component manufacturers like Integer Holdings (ITGR) and Nordson Medical (NDSN), as well as private companies such as Viant Medical and Medbio. Larger competitors benefit from scale advantages, but UFP maintains strong customer relationships with leading OEMs through specialized manufacturing and design capabilities.
Industry Context
UFP Technologies, Inc. operates in Medical Devices & Contract Manufacturing.
Key facts
Founded: 1963 · Headquarters: Newburyport, MA · Employees: 5000+ · Revenue: $603M · Market cap: $1.7B