Medical devices in Massachusetts – a hub for innovation and growth

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Focus stethoscope doctor table on laptop.With over 400 medical device companies calling Massachusetts home, not only is the scale impressive, but the rankings in globalization, innovation, and talent support why Massachusetts continues to be an industry leader year after year. Get a glimpse of the numbers based on our research report.

We are proud to partner with MassMEDIC for their 2018 member survey.

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What’s in the report? According to MassMEDIC members, 73% of members are optimistic reporting a somewhat or much more positive perspective on the year ahead. Three key takeaways:
  • Members rank technology disruption as the top driver of transformation for the next 3-5 years
  • Recent tax reform enacted at the federal level should provide most companies with an infusion of new cash. Not surprisingly, companies intend to invest the most in new innovations and are less concerned about rewarding shareholders.
  • High performing, result orientated, and collaborative were among the attributes ranked highest to promote and motivate employee engagement.