Source: MassMEDIC

 

MAP COURTESY OF MASSMEDIC / ICON: ADOBE STOCK

#1

Medical device exports as percentage of total exports

#2
Medical device patents

#2
VC funding, number of VC deals

#2
State premarket (PMA) and 510(k) approvals

#3
Medical device employment

Centrally clustered in Middlesex, Essex, Norfolk, and Worcester counties
1,880+ life sciences companies
300+ medical device makers
22,000+ jobs

50-mile corridor – Lowell to Worcester
Greatest concentration of materials and manufacturing companies
University of Massachusetts Lowell’s Massachusetts Medical Device Development Center (M2D2) harnessing local medical, engineering capabilities; assists entrepreneurs with moving new products from concept to marketplace

Strength in medical device manufacturing comes from
Precision machining
Microelectronics
Instrumentation
Biotechnology
Software development