Best Medical Device Development Companies

Planet Innovation vs Simbex: full comparison for 2026

Quick verdict

Planet Innovation (4.2/5) edges ahead of Simbex (3.9/5) overall. Planet Innovation is the better choice for diagnostics companies in Asia-Pacific and the US. Simbex is the stronger option for sensor wearables and biomechanics research. The right choice depends on your project size, budget, and required tech stack.

Planet Innovation vs Simbex: head-to-head summary

Criterion Planet Innovation Simbex
Founded 2009 2000
HQ Box Hill, Victoria, Australia Lebanon, NH, USA
Team size 300–400 11–100
Rating 4.2 / 5 3.9 / 5
Primary differentiator Diagnostics roots plus product and commercialization experience in Australia and the US Biomechanics and sensor research background applied to wearable health devices
Pricing model Fixed project, time and materials Time and materials, fixed project
Min. engagement Not disclosed Not disclosed
Primary tech stack Embedded C/C++, Cloud (AWS/Azure), Microfluidics BLE, Embedded C/C++, Sensor fusion
Industries served Diagnostics & lab devices, Digital health, Wearables & remote monitoring Wearables & remote monitoring, Sports technology, Digital health

Planet Innovation vs Simbex: 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.

Simbex

Simbex was founded in 2000 in Lebanon, New Hampshire, and works on product design, applied research and commercialization in medtech, health tech and sports technology. Riddell, the American football helmet maker and a long-time client, acquired it in April 2024. Its medical work includes RestEaze, a remote monitoring device for sleep disorder diagnosis built with Tanzen Medical, and fall-detection wearables. Team size estimates range from 11 to 100.

Services and capabilities: Planet Innovation vs Simbex

Capability Planet Innovation Simbex
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 Simbex

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

Pricing comparison: Planet Innovation vs Simbex

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

Target audience comparison: Planet Innovation vs Simbex

Dimension Planet Innovation Simbex
Best company size Startup to mid-market Startup to mid-market
Best industries Diagnostics & lab devices, Digital health, Wearables & remote monitoring Wearables & remote monitoring, Sports technology, Digital health
Best use cases Developing a connected point-of-care diagnostic, Commercialization planning for an Australian medtech startup Sensor-based wearable for remote monitoring, Biomechanics research study for a device concept
Typical project type Fixed project Fixed project

Planet Innovation vs Simbex: 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
Simbex
+ Strong sensor and biomechanics research skills
+ Experience with wearable monitoring devices
+ Covers design through commercialization planning
+ Small team with direct access to principals
- Owned by Riddell since April 2024, so sports technology may take priority over medical clients
- Small team
- Fewer regulated Class II and III device credits than medtech-only firms

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 Simbex?

A typical fit: sensor-based wearable for remote monitoring.

Biomechanics and sensor research background applied to wearable health devices. Minimum engagement is not publicly disclosed. Works best with clients in Wearables & remote monitoring, Sports technology, Digital health.

Decision matrix: Planet Innovation vs Simbex

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 Simbex (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 Simbex

Use case Planet Innovation fit Simbex fit Winner
Developing a connected point-of-care diagnostic Strong Limited Planet Innovation
Commercialization planning for an Australian medtech startup Strong Limited Planet Innovation
Sensor-based wearable for remote monitoring Limited Strong Simbex
Biomechanics research study for a device concept Limited Strong Simbex

Verdict: Planet Innovation vs Simbex

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.

Simbex (3.9/5) is worth a look if you need biomechanics research study for a device concept. If your situation matches that, Simbex is a competitive option.

Related comparisons

Planet Innovation vs Simbex FAQ

Is Planet Innovation better than Simbex?

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. Simbex's strongest advantage: strong sensor and biomechanics research skills.

How do Planet Innovation and Simbex differ in pricing?

Planet Innovation uses fixed project, time and materials pricing. Simbex uses time and materials, fixed project 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 Simbex?

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 Simbex?

Planet Innovation's primary differentiator is: diagnostics roots plus product and commercialization experience in Australia and the US. Simbex's primary differentiator is: biomechanics and sensor research background applied to wearable health devices. They also differ in team size (300–400 vs 11–100), minimum engagement (Not disclosed vs Not disclosed), and primary industries served (Diagnostics & lab devices, Digital health vs Wearables & remote monitoring, Sports technology).

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