Top 40 Medical device companies in Kentucky

To name a few examples, outstanding developments in the medical device companies in Kentucky have resulted in heart-lung machines, artificial joints, and the ability to perform advanced brain surgery.

Medical technology (the use of medical devices) in Kentucky, which dates back to the first half of the nineteenth century, has only recently taken off in earnest.

Medical device companies in Kentucky have quickly become an essential component of health care, as well as a critical component of the numerous activities carried out by healthcare providers in their efforts to diagnose and treat people with medical conditions, as well as to alleviate the problems faced by people with functional disabilities.

Overview of Medical device companies in Kentucky

People have benefited from a slew of discoveries and developments that have improved health for centuries, mostly in high-resource settings. Examples include the construction of sewage and clean water systems, the discovery of pathogens and antibiotics, and the eradication of smallpox.

Kentucky’s health improvements are associated with an improved ability to predict, prevent, diagnose, and cure many illnesses, as well as alleviate functioning problems using treatments and technologies that could hardly have been imagined a few decades ago.

Medical devices are the most abundant, diverse, and widely used medical products commonly used in health care, such as medicines, vaccines, and medical devices. There are no reliable figures, but widely accepted estimates place the number of different main categories of medical devices available in Kentucky today somewhere around 10,000.

Adding the numerous variants brings the total to around 90 000, with some estimates putting the total as high as 1.5 million.

Research in the development of sophisticated medical technologies such as genetic testing, genetic manipulation of living tissue, robotic surgery, and remote patient management is advancing rapidly. Despite this advancement, the majority of the world’s population has limited or no access to many of these innovations.

Innovation

As the global fight against COVID-19 continues, Kentucky’s health care technology, service, and product manufacturing industries not only combat the pandemic’s spread but also create high-wage, meaningful jobs for thousands of Kentuckians.

With Avante serving more than 150 countries, the organization’s goal became more critical in the midst of the pandemic.

The Eastern Caribbean island of St. Lucia received 12 ventilators from Avante, including one donated by the company, and the Bahamas installed Avante hospital beds specifically for patients with suspected COVID-19 and showing mild to moderate symptoms.

Avante is one of more than 200 medical technology, service, and manufacturing operations in Kentucky, an industry that employs more than 37,000 full-time Kentucky residents. Among those operations are six headquarters of top medical equipment, medical device manufacturers, and a number of health care product distributors.

Since 2014, medical device companies in Kentucky have announced approximately 100 new or expanded projects totaling over $645 million in investment and nearly 6,900 new jobs.

This year, about 100 Kentucky manufacturing facilities used their expertise to produce personal protective equipment (PPE), which is in high demand due to the pandemic. Some were new to the health care industry, such as more than a dozen distilleries.

These businesses manufacture barriers, masks, gowns, disinfectants, face shields, intubation boxes, ventilator components, and, of course, hand sanitizer. Kentucky is a leader in the production of medical equipment, supplies, and pharmaceuticals.

While the industry is currently in the spotlight, Kentucky has long supported a diverse health care sector that is poised for future growth. Kentucky has an available skilled workforce, a key geographic location for distributing products in the United States and globally, and a variety of office, manufacturing, and Build-Ready sites.

Kentucky also excels in the manufacturing of medical equipment and supplies, which contributes more than $530 million to the state’s economy each year.

“Kentucky’s manufacturing prowess, logistics leadership, and strong R&D capabilities through its robust university systems are just a few of the unique assets that make it an ideal location for health care companies,” Taylor said. “This industry provides a wealth of economic opportunity, and we are leveraging our commonwealth’s advantages to support its continued growth.”

The state’s unequaled provision capabilities, as Taylor mentioned, create tremendous distribution blessings for businesses.

Kentucky’s top-notch transportation infrastructure and its standing as the sole U.S. state with 3 major air shipment shipping hubs – operated by UPS, DHL, and Amazon – allows businesses within the commonwealth to quickly and expeditiously ship merchandise across the country and around the globe. For corporations addressing merchandise that saves lives, that capability is crucial.

Gravity Diagnostics, the largest COVID-19 test processor in Kentucky, is based in Covington and is expanding to a second location. Gravity collaborated with the state of Kentucky and Kroger Health to provide drive-through testing results in 2020.

It offers tests to colleges and nursing homes across the country. Newport-based Ethos Laboratories has developed a test to identify biomarkers in the chemistry of chronic pain so that people suffering from chronic pain can be treated with alternatives to opiates, potentially lowering addiction rates.

CTI Clinical Trial and Consulting Services, a global, privately held, full-service contract research organization (CRO) headquartered in Covington, was recently named the world’s best CRO for quality at the 2020 CRO Leadership Awards. CTI oversees over 40 active COVID-19 trials for treatment and prevention.

Medical device companies in Kentucky

Here’s a list of some of the medical device companies in Kentucky

AdaptivEndo

Overview of Medical device companies in Kentucky

Innovation

Medical device companies in Kentucky

FAQs about the Medical device companies in Kentucky

Conclusion on the Medical device companies in Kentucky

Editors’ Picks

Leave a Reply Cancel reply