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This report estimates the cost of medical devices and the contribution of these products to increases in national health expenditures during the course of a twenty-two year period (1989-2010). Major findings include that medical devices are a relatively small and very slowly growing share of national health expenditures. Click to download >>
Get the Facts
Learn how medical technology innovation brings jobs and health to our economy
America’s medical technology industry leads the world, providing quality jobs and economic strength to families, communities and our economy. In the face of growing international competition, we can preserve and strengthen our success through policies and regulations that value improvement and continued progress through innovation.
"The role of medical technology in health care costs has long been a source of debate. Yet, surprisingly, very little analysis has been conducted on the direct costs to the health system of medical devices themselves."
October 2012
"We are likely to see more and more products empowering patients and leveraging information."
October 2012
An overview of the United States, European and Global medical technology industry with performance metrics and analysis of the context within which the industry operates. Demographic, regulatory, macro-economic and expanding non-traditional markets create a need for innovative approaches to developing better medical technologies going forward. Click to download>>
"It is increasingly clear that medtech now faces a “new normal” with a confluence of new risks—from an uncertain public policy environment to increased regulatory and pricing pressures, a challenging financing climate and a rapidly changing customer base."
September 2011
An overview of the United States, European and Global medical technology industry with performance metrics and analysis of the context within which the industry operates. Demographic, regulatory, macro-economic and expanding non-traditional markets create a need for innovative approaches to developing better medical technologies going forward. Click to download >>
"The average job in the U.S. biomedical industry paid more than 70% higher than the nation's average job."
September 2011
"Biomedical innovation is one of the most dramatic success stories written by any American industry in the past century." But in order to maintain our leadership, the U.S. can take certain critical actions to respond to a new era of heightened global competition. Click here to download >>
Medical device prices have increased at only 1/4 the rate of other medical services in the last 20 years.
July 2011
Patient access to medical technology saves lives and improves quality of care. Medical devices and diagnostics are central to medical practice, but spending on advanced medical technology is consistently a small and slow growing portion of national health expenditure. Click here to download >>
“The U.S. accounts for 40% of the global medical technology market.”
June 2011
The untapped potential of medical technology to preserve and restore individual lives and invigorate our economy is tremendous. The U.S. has long been the global leader in medical advances, but developing nations are encroaching and we need policy improvements that will encourage and sustain future innovation. This infographic outlines threats and solutions to preserve America’s leadership. Click here to download >>