Integer Holdings Corporation ITGR is well-poised for growth on portfolio management, and strong presence in the broader MedTech space. However, stiff competition remains a concern.Shares of this Zacks Rank #2 (Buy) have surged 43.7% in a year’s time, compared with the industry’s rally of 17.8%. The S&P 500 Index rose 35.3% in the same time frame.The company, with a market capitalization of $3.22 billion, manufactures and develops medical devices and components primarily for original equipment manufacturers (OEMs), which depend on it to design, develop and produce intellectual property protected medical device technologies. It has a trailing four-quarter earnings surprise of 25.3%, on average.What’s Favoring the Stock?Integer Holdings has initiated a new approach to drive sales and profitable growth, following a comprehensive strategic review of the business. Its new strategy has two overarching themes that are focused on portfolio management and operational excellence. This will help the company to realize its vision of enhancing patient lives.Image Source: Zacks Investment ResearchManagement, during the second-quarter 2021 earnings call in July, confirmed its continued investment in the execution of its strategy to drive above-market top-line growth and sustained margin expansion.The company plans to invest significantly in the areas of Cardio & Vascular, Neuromodulation, and Electrochem to accelerate sales and market penetration. Integer Holdings has been improving profitability in the areas of Advanced Surgical, Orthopedics, and Power Solutions through focused sales growth and cost structure initiatives.Further, it continues to benefit from a strong presence in the broader MedTech space. This, in turn, will drive overall performance.What’s Weighing on It?Integer Holdings currently operates in the highly competitive MedTech market. Consequently, intense competition remains a headwind.Estimates TrendInteger Holdings has been witnessing an upward estimate revision trend for 2021. In the past 60 days, the Zacks Consensus Estimate for its earnings has moved north by 3.4% to $3.98.The Zacks Consensus Estimate for third-quarter 2021 revenues is pegged at $304.7 million, suggesting growth of 29.1% from the year-ago reported number.Other Stocks to ConsiderSome other top-ranked stocks from the broader medical space are Henry Schein, Inc. HSIC, Envista Holdings Corporation NVST and Merit Medical Systems, Inc. MMSI, each currently carrying a Zacks Rank #2. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.Henry Schein’s long-term earnings growth rate is estimated at 13.9%.Envista Holdings’ long-term earnings growth rate is estimated at 27.4%.Merit Medical’s long-term earnings growth rate is projected at 13.6%. Zacks’ Top Picks to Cash in on Artificial Intelligence This world-changing technology is projected to generate $100S of billions by 2025. From self-driving cars to consumer data analysis, people are relying on machines more than we ever have before. Now is the time to capitalize on the 4th Industrial Revolution. Zacks’ urgent special report reveals 6 AI picks investors need to know about today.See 6 Artificial Intelligence Stocks With Extreme Upside Potential>>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Henry Schein, Inc. (HSIC): Free Stock Analysis Report Merit Medical Systems, Inc. (MMSI): Free Stock Analysis Report Integer Holdings Corporation (ITGR): Free Stock Analysis Report Envista Holdings Corporation (NVST): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research