Best Medical Device Development Companies

Planet Innovation vs Flex Health Solutions: full comparison for 2026

Quick verdict

Planet Innovation (4.2/5) edges ahead of Flex Health Solutions (3.8/5) overall. Planet Innovation is the better choice for diagnostics companies in Asia-Pacific and the US. Flex Health Solutions is the stronger option for design transfer into global contract manufacturing. The right choice depends on your project size, budget, and required tech stack.

Planet Innovation vs Flex Health Solutions: head-to-head summary

Criterion Planet Innovation Flex Health Solutions
Founded 2009 1969
HQ Box Hill, Victoria, Australia Austin, TX, USA / Singapore
Team size 300–400 Large (Flex Ltd.)
Rating 4.2 / 5 3.8 / 5
Primary differentiator Diagnostics roots plus product and commercialization experience in Australia and the US Dedicated NPI center and design sites that feed directly into Flex's medical manufacturing network
Pricing model Fixed project, time and materials Manufacturing supply agreement, NPI contract
Min. engagement Not disclosed Not disclosed
Primary tech stack Embedded C/C++, Cloud (AWS/Azure), Microfluidics PCB assembly, Injection molding, Automated assembly
Industries served Diagnostics & lab devices, Digital health, Wearables & remote monitoring Drug delivery, Diagnostics & lab devices, Surgical & therapeutic devices

Planet Innovation vs Flex Health Solutions: overview

Planet Innovation

Planet Innovation was founded in Melbourne in 2009 by four diagnostics industry specialists: Eduardo Vom, Sam Lanyon, Stuart Elliott and Troy O'Callaghan. It is headquartered in Box Hill, Victoria, with a facility in Irvine, California, and employs roughly 300 to 390 people depending on the source. The company has focused on regulated medical devices since 2016 and works across diagnostics, medical devices, biotechnology and connected health, including some product ventures of its own.

Flex Health Solutions

Flex Health Solutions is the healthcare division of Flex Ltd. and operates as a contract development and manufacturing organization (CDMO) for medical devices and pharma. Flex lists 26 manufacturing sites, six design and engineering sites, 16 FDA-registered entities and 21 ISO 13485 sites for health (per company website; independently unverifiable). In 2025 it opened a North American new product introduction (NPI) center for healthcare customers, and it shared a 2025 PDA Drug Delivery Innovation Award with Merck KGaA for an autoinjector.

Services and capabilities: Planet Innovation vs Flex Health Solutions

Capability Planet Innovation Flex Health Solutions
Electronics & PCB design ✓ ✓
Firmware & embedded software ✓ ✗
SaMD & companion apps ✗ ✗
Connected devices & IoT ✓ ✗
Industrial design & human factors ✗ ✗
Mechanical engineering ✓ ✓
Device cybersecurity ✗ ✗
Regulatory & QMS support ✗ ✓
Manufacturing & scale-up ✓ ✓

Tech stack comparison: Planet Innovation vs Flex Health Solutions

Framework / platform Planet Innovation Flex Health Solutions
Embedded C/C++ ✓ N/A
Embedded Linux N/A N/A
RTOS N/A N/A
BLE N/A N/A
Cloud (AWS/Azure) ✓ N/A
IEC 62304 N/A N/A
ISO 14971 N/A N/A
ISO 13485 QMS ✓ ✓
Qt N/A N/A

Pricing comparison: Planet Innovation vs Flex Health Solutions

Criterion Planet Innovation Flex Health Solutions
Minimum engagement Not disclosed Not disclosed
Engagement models Fixed project, Manufacturing contract, Time & materials Fixed project, Manufacturing contract
Rate transparency Not public Not public
Price tier Mid-market Mid-market

Target audience comparison: Planet Innovation vs Flex Health Solutions

Dimension Planet Innovation Flex Health Solutions
Best company size Startup to mid-market Startup to mid-market
Best industries Diagnostics & lab devices, Digital health, Wearables & remote monitoring Drug delivery, Diagnostics & lab devices, Surgical & therapeutic devices
Best use cases Developing a connected point-of-care diagnostic, Commercialization planning for an Australian medtech startup Transferring a verified design into volume production, Pre-clinical and design verification builds
Typical project type Fixed project Fixed project

Planet Innovation vs Flex Health Solutions: pros and cons

Planet Innovation
+ Founders came from the diagnostics industry, and diagnostics is still its strongest area
+ Has launched products of its own, so it understands commercialization as well as engineering
+ Australian base offers time-zone coverage for Asia-Pacific clients
+ Irvine facility serves US clients locally
- Runs its own product ventures, so ask how client work is prioritized
- Less known in Europe
- Headcount and certifications should be confirmed directly
Flex Health Solutions
+ Large global network of ISO 13485 and FDA-registered sites
+ New NPI center supports prototype builds, design verification and production transfer
+ Award-winning drug delivery work with Merck KGaA
+ Handles sterilization and packaging in-house
- Development work mainly exists to feed programs into Flex factories
- Better for funded programs with a clear path to volume
- Site counts are company-reported and differ across Flex pages

Who should choose Planet Innovation?

A typical fit: developing a connected point-of-care diagnostic.

Diagnostics roots plus product and commercialization experience in Australia and the US. Minimum engagement is not publicly disclosed. Works best with clients in Diagnostics & lab devices, Digital health, Wearables & remote monitoring.

Who should choose Flex Health Solutions?

A typical fit: transferring a verified design into volume production.

Dedicated NPI center and design sites that feed directly into Flex's medical manufacturing network. Minimum engagement is not publicly disclosed. Works best with clients in Drug delivery, Diagnostics & lab devices, Surgical & therapeutic devices.

Decision matrix: Planet Innovation vs Flex Health Solutions

Your situation Recommended choice
You need full-ownership delivery on a defined project scope Planet Innovation
You need a large dedicated team for an ongoing programme Check each company's engagement model
Your budget is at the lower end Compare: Planet Innovation (Not disclosed) vs Flex Health Solutions (Not disclosed)
You need specialist depth in a specific vertical Planet Innovation
You need staff augmentation or team extension Neither; consider alternatives that offer staff aug
You need consulting before committing to a build Both may offer discovery engagements

Use case fit: Planet Innovation vs Flex Health Solutions

Use case Planet Innovation fit Flex Health Solutions fit Winner
Developing a connected point-of-care diagnostic Strong Limited Planet Innovation
Commercialization planning for an Australian medtech startup Strong Limited Planet Innovation
Transferring a verified design into volume production Limited Strong Flex Health Solutions
Pre-clinical and design verification builds Limited Strong Flex Health Solutions

Verdict: Planet Innovation vs Flex Health Solutions

Planet Innovation (4.2/5) is the stronger overall choice for most Medical Device Development projects. Diagnostics roots plus product and commercialization experience in Australia and the US.

Flex Health Solutions (3.8/5) is worth a look if you need pre-clinical and design verification builds. If your situation matches that, Flex Health Solutions is a competitive option.

Related comparisons

Planet Innovation vs Flex Health Solutions FAQ

Is Planet Innovation better than Flex Health Solutions?

Planet Innovation (4.2/5) scores higher overall, but "better" depends on your use case. Planet Innovation's strongest advantage: founders came from the diagnostics industry, and diagnostics is still its strongest area. Flex Health Solutions's strongest advantage: large global network of ISO 13485 and FDA-registered sites.

How do Planet Innovation and Flex Health Solutions differ in pricing?

Planet Innovation uses fixed project, time and materials pricing. Flex Health Solutions uses manufacturing supply agreement, npi contract pricing. Neither firm publishes a full rate card; a discovery call is required for project-specific quotes.

Which is better for enterprise: Planet Innovation or Flex Health Solutions?

Planet Innovation is the larger team and typically the better enterprise-scale choice. For very large programmes, verify team size and compliance coverage directly with each company before shortlisting.

What are the main differences between Planet Innovation and Flex Health Solutions?

Planet Innovation's primary differentiator is: diagnostics roots plus product and commercialization experience in Australia and the US. Flex Health Solutions's primary differentiator is: dedicated NPI center and design sites that feed directly into Flex's medical manufacturing network. They also differ in team size (300–400 vs Large (Flex Ltd.)), minimum engagement (Not disclosed vs Not disclosed), and primary industries served (Diagnostics & lab devices, Digital health vs Drug delivery, Diagnostics & lab devices).

Verify all details directly with each company before making a decision.