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The top 10 medical device states: Everything you need to know

February 6, 2020 By Chris Newmarker

5. Indiana

Warsaw Indiana top medical device states medtech orthopedics

Warsaw, Ind. [Image by Derek Jensen – own work, public domain]

Previous ranking: 5

Medical device industry employment (2019): 20,046

Medical device industry establishments (2019): 276

Major medical device company headquarters (2019): 1

Medical device patents (2019): 143

Medical device VC investments (2019): $1.7M

Medical device VC deals (2019): 2

Best States for Business ranking (2019): 12

Warsaw, Ind. is nicknamed the “Orthopedic Capital of the World.” The orthopedic medical device manufacturing industry in Warsaw has roots going back to 1895, when Revra DePuy started the DePuy Manufacturing Co. to make fiber splints. The business today is Johnson & Johnson’s DePuy Synthes Co., which employs 18,000 people across 60 countries and generates $10 billion in annual sales. DePuy Synthes is still a presence in Warsaw; its joint reconstruction business is based there.

During the 20th century, DePuy competitors Zimmer and Biomet started in Warsaw. The two in 2015 merged into Zimmer Biomet, a $7.8 billion-a-year company.

In addition to the ortho industry giants, the industry in Warsaw supports a host of suppliers. Wilmington, Mass.–based contract manufacturer Tecomet, for example, has a location in the city to serve the orthopedic device industry.

Bloomington is the home of the privately held Cook Group, a maker of minimally invasive medical devices.

Next>>

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Pages: 1 2 3 4 5 6 7 8 9 10 11 12

About The Author

Chris Newmarker

Chris Newmarker is the executive editor of WTWH Media life science's news websites and publications including MassDevice, Medical Design & Outsourcing and more. A professional journalist of 18 years, he is a veteran of UBM (now Informa) and The Associated Press whose career has taken him from Ohio to Virginia, New Jersey and, most recently, Minnesota. He’s covered a wide variety of subjects, but his focus over the past decade has been business and technology. He holds bachelor’s degrees in journalism and political science from Ohio State University. Connect with him on LinkedIn or email at cnewmarker@wtwhmedia.com.

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  • Home
  • Medical Device Business
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    • Financial
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  • Applications
    • Cardiovascular
    • Devices
    • Imaging
    • Implantables
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    • Orthopedic
    • Surgical
  • Technologies
    • Supplies and Components Index
    • Contract Manufacturing
    • Components
    • Electronics
    • Extrusions
    • Materials
    • Motion Control
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