Best Medical Device Development Companies

Planet Innovation vs Softeq: full comparison for 2026

Quick verdict

Planet Innovation (4.2/5) edges ahead of Softeq (3.9/5) overall. Planet Innovation is the better choice for diagnostics companies in Asia-Pacific and the US. Softeq is the stronger option for connected devices needing hardware plus apps. The right choice depends on your project size, budget, and required tech stack.

Planet Innovation vs Softeq: head-to-head summary

Criterion Planet Innovation Softeq
Founded 2009 1997
HQ Box Hill, Victoria, Australia Houston, TX, USA
Team size 300–400 250–500
Rating 4.2 / 5 3.9 / 5
Primary differentiator Diagnostics roots plus product and commercialization experience in Australia and the US Hardware, firmware, mobile and cloud teams in one company, with ISO 13485 in place
Pricing model Fixed project, time and materials Fixed project, time and materials, dedicated team
Min. engagement Not disclosed Not disclosed
Primary tech stack Embedded C/C++, Cloud (AWS/Azure), Microfluidics PCB design, Embedded Linux, RTOS
Industries served Diagnostics & lab devices, Digital health, Wearables & remote monitoring Wearables & remote monitoring, Digital health, Consumer electronics, Industrial

Planet Innovation vs Softeq: 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.

Softeq

Houston-based Softeq Development Corporation dates to 1997 and builds hardware, embedded, mobile, web and cloud products. The company holds ISO 13485 certification, which it presents as evidence that it can build medical devices to industry rules. Medical devices are one of several markets it serves, along with consumer electronics and industrial IoT. Its team is in the 250 to 500 range.

Services and capabilities: Planet Innovation vs Softeq

Capability Planet Innovation Softeq
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 Softeq

Framework / platform Planet Innovation Softeq
Embedded C/C++ ✓ N/A
Embedded Linux N/A ✓
RTOS N/A ✓
BLE N/A ✓
Cloud (AWS/Azure) ✓ ✓
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 Softeq

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

Target audience comparison: Planet Innovation vs Softeq

Dimension Planet Innovation Softeq
Best company size Startup to mid-market Startup to mid-market
Best industries Diagnostics & lab devices, Digital health, Wearables & remote monitoring Wearables & remote monitoring, Digital health, Consumer electronics
Best use cases Developing a connected point-of-care diagnostic, Commercialization planning for an Australian medtech startup Connected home-use device with a mobile app, Firmware and cloud for a remote monitoring wearable
Typical project type Fixed project Dedicated team

Planet Innovation vs Softeq: 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
Softeq
+ Covers hardware, firmware, apps and cloud for connected devices
+ ISO 13485 certification
+ Long company history since 1997
+ Flexible engagement models including dedicated teams
- Generalist firm where medical is one market among many
- Few public medical device case studies
- No industrial design or manufacturing

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 Softeq?

A typical fit: connected home-use device with a mobile app.

Hardware, firmware, mobile and cloud teams in one company, with ISO 13485 in place. Minimum engagement is not publicly disclosed. Works best with clients in Wearables & remote monitoring, Digital health, Consumer electronics, Industrial.

Decision matrix: Planet Innovation vs Softeq

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 Softeq
Your budget is at the lower end Compare: Planet Innovation (Not disclosed) vs Softeq (Not disclosed)
You need specialist depth in a specific vertical Softeq
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 Softeq

Use case Planet Innovation fit Softeq fit Winner
Developing a connected point-of-care diagnostic Strong Limited Planet Innovation
Commercialization planning for an Australian medtech startup Strong Limited Planet Innovation
Connected home-use device with a mobile app Strong Strong Both equally
Firmware and cloud for a remote monitoring wearable Limited Strong Softeq

Verdict: Planet Innovation vs Softeq

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.

Softeq (3.9/5) is worth a look if you need firmware and cloud for a remote monitoring wearable. If your situation matches that, Softeq is a competitive option.

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Planet Innovation vs Softeq FAQ

Is Planet Innovation better than Softeq?

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. Softeq's strongest advantage: covers hardware, firmware, apps and cloud for connected devices.

How do Planet Innovation and Softeq differ in pricing?

Planet Innovation uses fixed project, time and materials pricing. Softeq uses fixed project, time and materials, dedicated team 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 Softeq?

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 Softeq?

Planet Innovation's primary differentiator is: diagnostics roots plus product and commercialization experience in Australia and the US. Softeq's primary differentiator is: Hardware, firmware, mobile and cloud teams in one company, with ISO 13485 in place. They also differ in team size (300–400 vs 250–500), minimum engagement (Not disclosed vs Not disclosed), and primary industries served (Diagnostics & lab devices, Digital health vs Wearables & remote monitoring, Digital health).

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