According to MedicalDesign & Outsourcing the ranking are:
California
Minnesota
Massachusetts
Florida
Indiana
Pennsylvania
Texas
New York
New Jersey
Illinois
Below are the Med Device stats for each state.
1. California
The Golden Gate Bridge in San Francisco [Previous ranking: 1
Medical device industry employment (2019): 72,471
Medical device industry establishments (2019): 2,131
Major medical device company headquarters (2019): 19
Medical device patents (2019): 1,764
Medical device VC investments (2019): $1.249B
Medical device VC deals (2019): 72
Best States for Business ranking (2019): 31
Despite complaints about the high costs of doing business, California is unrivaled when it comes to the size of its medical device industry — not to mention the range of innovations. From medtech employment to patent numbers to the amount of venture capital investment, California is well ahead of other states. It accounted for nearly a fourth of the U.S. medical device industry’s revenue in 2017, according to IBISWorld.
The Golden State’s medical device industry is actually made up of a number of major hubs running down the length of the state:
North Bay
The North Bay region ou...
