California is No. 1 in Medical Device Industry
Thursday, February 28, 2019
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.
Top 10 Medical Device States
The Golden State’s medical device industry is actually made up of a number of major hubs running down the length of the state:
Orange County exported more tha...