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Top 10 U.S. Cities for Medtech Innovation
April 3, 2015
11 Slides
8. Raleigh–Durham, NC (2.63% of Votes)The Research Triangle based in the area is home to more than 170 technology companies. The medical device industry in the region is admittedly small, but attracts a disproportionate amount of funding from the NIH and venture capitalists. The funding is spurred by groundbreaking collaboration between academic labs and private life science firms based in the region. In addition, the regions is competitive in terms of its business climate and cost of living index.No. of Medical Device Employees: 1486Medtech VC Investing (2014, for NC): $67.4MAnnual operating cost with facility construction: $9.2MNIH Funding (FY 2014, NC): $1.1BContinue >>Read MoreNorth Carolina Celebrates 50 Years of ResearchWhich U.S. State Is Best for Medical Device Companies?
Top 10 U.S. Cities for Medtech Innovation
Updated April 6, 2015
Qmed’s countdown of the top 10 medical device hubs in the United States includes feedback from our audience (we’ve thus far received 200 votes in our poll, which is still open) along with data on number of employees, venture capital investing, annual operating costs, NIH funding, and more.
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Refresh your medical device industry knowledge at BIOMEDevice Boston, May 6–7, 2015. |
Chris Newmarker is senior editor of MPMN and Qmed. Follow him on Twitter at @newmarker. Brian Buntz is the editor-in-chief of MPMN and Qmed. Follow him on Twitter at @brian_buntz.
Data sources included medical device employee and operating cost numbers from Greater MSP, which cited Jones Lang LaSalle; the MoneyTree Report, compiled by Thomson Reuters for PricewaterhouseCoopers and the National Venture Capital Association; and the National Institutes of Health.
Image from Wikimedia Commons
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