A substantial proportion of the medical device industry is clustered in a handful of states. Here’s a rundown of the top 10 U.S. states for medtech based on employment, patents, NIH funding, VC medical device funding, and business climate.
Takeaways from the report:
- California attracts more life science investment dollars than the other top-nine life science states combined.
- Minnesota obtains nearly twice as many medical device patents as does Massachusetts.
- Florida was the third biggest employer of medical device professionals in the United States at the most recent count.
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