Medical device companies in Pennsylvania are among the healthcare industry’s fastest-growing segments.
New medical devices have the potential to reduce the invasiveness of certain procedures, shorten recovery times, and improve patient outcomes, among other things. Diagnostics are informing treatment decisions and bringing the promise of personalized medicine to fruition.
Modern manufacturing facilities have replaced Pennsylvania’s traditional coal mines, oil fields, steel mills, and apparel factories as they have faded. The state benefits from a rapidly growing population eager for technical work, as well as a strong medical device industry.
Overview of the Medical Device Companies in Pennsylvania
Pennsylvania’s east has become one of the country’s leading medical device centers, though the industry is expanding throughout the state. Pennsylvania was ranked sixth in the United States for medical device employment in 2013.
Aside from Dentsply International Inc., a major Medtech OEM based in York, the state also has a strong backbone of MedTech contract manufacturers. B. Braun Medical Inc., for example, has its headquarters in Bethlehem.
Johnson & Johnson, headquartered across the Delaware River in New Jersey, also has a significant MedTech presence in the region. For example, Animas Corp., a diabetes management company, and Synthes, a division of DePuy Synthes, both have headquarters in West Chester.
According to the group Select Greater Philadelphia, there are over 500 medical device companies in Pennsylvania. The state may not be as business-friendly as it could be. However, there are bargains to be had. According to a JLL life science industry trends report, lab space costs an average of $13.80 per square foot in Philadelphia and $47.40 per square foot in Boston.
Ben Franklin Technology Partners, Pennsylvania State University’s Small Business Development Center, and Pennsylvania Bio are all working to expand Pennsylvania’s position as a medical device state.
Medical device industry in Pennsylvania
The medical device industry in Pennsylvania is reinventing itself in the face of rapid change brought on by new forms of competition, new regulations, and innovation. Historically, the medical device industry has been a significant contributor to Pennsylvania’s economy.
Following the global financial crisis, the pace of growth has slowed due to higher costs, increased uncertainty, changes in regulations and risk factors, and increased efficiency demands.
These forces are reshaping the industry in novel ways, requiring companies to adopt new technologies, incorporate data analytics into their management and operational practices, and rethink the business models used to develop new products and deliver goods and services to the market.
Employment in this industry increased by less than 1,000 jobs on net between 2011 and 2016, but stronger net hiring during 2015 and 2016 more than offset all job losses between 2011 and 2013. Medical device companies in Pennsylvania have also been advancing at a rapid pace. Pennsylvania maintains a lead over the rest of the country in medical technology research.
MedTech: peer claims
For the purposes of this study, the following states are considered Pennsylvania’s peer states:
California, Indiana, Massachusetts, Michigan, New Jersey, New York, and North Carolina.
These states are considered Pennsylvania’s peer group because they are among the leading states in MedTech, with a particular emphasis on research and innovation. These states have some of the highest concentrations of MedTech activity in the national economy.
In comparison to other states, the medical device industry in Pennsylvania needs to face several unique challenges.
Two of the most significant challenges concern the Commonwealth’s ability to attract and retain the capital required for continued investment in MedTech. The first obstacle is attracting and retaining entrepreneurial capital.
Although it is difficult to directly measure entrepreneurial capacity, anecdotal evidence suggests that a lack of Pennsylvania-based entrepreneurs with experience in medical device ventures is a limiting factor in the Commonwealth’s rate of expansion.
The second, and closely related, challenge is attracting venture capital and angel investors. As discussed further, Pennsylvania ranks lower in terms of venture capital investment than many other states.
Pennsylvania’s Medical Device Companies Snapshot
The medical device industry is thriving in Pennsylvania. The industry is founded on small businesses from across the Commonwealth and is bolstered by significant contributions from world-class research institutions.
Collectively, these establishments are among the leading businesses in the Commonwealth, contributing both direct and indirect economic and fiscal impacts.
In 2011, Pennsylvania had a total of more than 500 medical device companies. Over the five years ending in 2016, that figure increased by 4.4 percent.
This rate of growth is slightly lower than the rate of change in peer states and lower than the national average. In recent years, growth in the medical device companies in Pennsylvania has been accompanied by the formation of smaller firms and establishments; as a result, overall employment in the medical device industry in Pennsylvania increased by about 0.6 percent during the same period.
Total medical device industry employment in Pennsylvania increased to 16,725 in 2016. The total average annual pay per employee in 2016 was $137,976, up 13.9 percent from 2011.
Medical device companies in Pennsylvania
Here is a list of some medical device companies in Pennsylvania.
- Active Medical, Inc.
Website: Click here
Address: 2200-B Hummingbird Lane Harrisburg, PA 17112
Phone: 717 540 8605
Fax: 717 540 8609
Email: [email protected]
- Adhezion Biomedical, LLC
Address: One Meridian Blvd., Suite 1B02 Wyomissing, PA 19610
Phone: +1.484.334.2929
- Aesculap Biologics
Address: 9999 Hamilton Blvd, Breinigsville, PA 18031, United States
Phone: +1 844-395-4590
Email: [email protected]
- AIROS Medical, Inc.
Website: Click here
Address: 2501 Monroe Blvd. Audubon, Pennsylvania 19403
Corporate Phone Number: 1-866-991-6956
Corporate Email Address: [email protected]
- ALung Technologies, Inc.
Phone: 1-866-GO-ALUNG (462-5864)/+1-412-697-3370
Email: [email protected]
Address: ALung Technologies, Inc. 2500 Jane Street Suite 1 Pittsburgh PA 15203 USA
- ARCH Medical Solutions – Philadelphia
Address: 3063 B Philmont Ave, Huntingdon Valley, PA 19006, United States
Phone: +1 215-947-5762
Email: [email protected]
- Arista Biologicals Inc
Address: 1101 West Hamilton Street, Allentown, PA 18101 USA
Phone: +1 (484) 223-0309
Fax: +1 (484) 223-0318
Email: [email protected]
- Avisi Technologies, Inc.
Website: Click here
Address: 3401 Grays Ferry Ave, BLDG 450 Philadelphia, PA 19146
Email: [email protected]
- Baird Respiratory & Medical Equipment
Website: Click here
Address: 2627 Mt. Carmel Ave. Glenside, PA 19038
Phone: 215-884-2990
Fax: 215-885-5070
Toll-Free: 888-884-2990
- Beiswenger and Associates Inc.
Website: Click here
Address: 1542 Millport Rd, Lancaster, PA 17602, United States
Phone: +1 717-208-7045
- Best Nomos
Address: One Best Drive Pittsburgh, PA 15202 USA
Phone: 412-312-6700
Toll-Free: 800-70-NOMOS
Fax: 412-312-6701
Email: [email protected]
- Biocoat Inc
Phone: +1 215.734.0888/ +1 844 HYDAK-10
Address: 123 Rock Road, Horsham, PA 19044 USA
Email: [email protected]
- Bright Medical Technology, Inc.
Website: Click here
Phone: (215) 725-6337
Fax: (215) 754-4651
Email: [email protected]
Address: 2020 Napfle Street, Philadelphia, PA 19152
- Cadence Device
Website: Click here
Address: 250 West Kensinger Drive, Suite 400 Cranberry Township, PA
Phone: (800) 252 3371
- Colorcon No-Tox Products Division
Address: 171 New Britain Blvd. Chalfont, PA 18914-1833
Phone: +1-800-724-0624
Fax: +1-267-695-7799
- Draeger, Inc. Medical – medical equipment, technology, and devices
Address: 3135 Quarry Road Telford, PA 18969
Phone: 1-800-437-2437
- DSM Biomedical
Website: Click here
Address: 735 Pennsylvania Dr, Exton, PA 19341, United States
Phone: +1 484-713-2100
- Du Bois Medical Supply Co Inc
Website: Click here
Address: DuBois Medical Supply 320 Liberty Blvd. DuBois, PA 15801
Phone: (814) 375-1100
Toll-Free: (800) 222-2023
Fax: (814) 375-9796
Email: [email protected]
- Eagle Medical Equipment
Phone: (724) 218-1051
Email: [email protected]
Address: 5944 Steubenville Pike McKees Rocks, PA 15136
- Fujirebio Diagnostics, Inc
Address: 201 Great Valley Parkway Malvern, PA, 19355 United States
Toll-free: +1 877.861.7246
Tel: +1 610.240.3800/+1 484.772.8013
- Liberty Surgical, Inc.
Phone: 610-344-7111
Fax: 610-978-2634
Address: 835 Lincoln Ave, Suite 4 West Chester, PA 19380
- Manheim Medical Supply Inc
Address: 13 North Main Street Manheim, PA 17545
Email: [email protected]
Phone: 1-800-235-9402
Fax: 717-664-4999
- Martech Medical Products Inc
Website: Click here
Address: 1500 Delp Dr #2900, Harleysville, PA 19438, United States
phone: 215.256.8833
fax: 215.256.8837
- MedCare Equipment Company
Phone: 800-503-5554
Fax: 724-850-6996
Address: 115 Equity Drive Greensburg, PA 15601
- Medical Device and Implants LLC
Address: 1824 Colonial Village Lane Lancaster, PA 17601
Phone: 717.945.7451
Fax: 717.945.7477
Email: [email protected]
- Medical Products Laboratories
Address: 9990 Global Road Philadelphia, PA 19115
Phone: 800-523-0191
- Micro Interventional Devices, Inc.
Address: 5 Caufield Place, Suite 102 Newtown, PA 18940
Email: [email protected]
Phone: (215)-600-1270
- Montgomery Medical Equipment Company, an AdaptHealth company
Website: Click here
Address: AdaptHealth Patient Care Solutions 600 Lindbergh Drive, Moon Township, PA, 15108-2777
Phone: 855-404-6727/+1 610-630-6357
- Oliver Healthcare Packaging
Address: 1150 Northbrook Drive Suite 100 Trevose, PA 19053, USA
Phone: +1.833.465.4837
- Panorama Medicine
Website: Click here
Email: [email protected]
Address: 3675 Market St, Philadelphia, PA 19104
- PM Medical Products
Phone: (570) 445-9214
Address: 1335 Highway 315 Wilkes-Barre, PA 18702
- PPMDM
Website: Click here
Address: 1 School St, Morton, PA 19070, United States
Phone 310) 547-4973
Fax (310) 547-4760
Email: [email protected]
- Remedy Medical Manufacturing
Address: 410 E Walnut St STE 8 Perkasie PA 18944 US
Phone: 215-395-2499
E-mail: [email protected]
- Roechling Medical Lancaster, LLC. (formerly Precison Medical Products, Inc.)
Address: 161 Westec Drive 15666 Mount Pleasant, PA United States
Phone +1 724 696-5200
Fax +1 724 696-5300
Email rmp(at)roechling.biz
- Sanbor Medical Corporation
Website: Click here
Address: 7584 Morris Court, Suite 218 Allentown, PA 18106
Phone: 610-530-8500/484-664-2673
- Secant Medical, Inc.
Phone: 877-774-2835
Address: 551 East Church Avenue Telford, PA 18969
- Siemens Healthcare
Phone: 800-888-7436
Address: 40 Liberty Boulevard Malvern, PA 19355 United States of America
- Specialty Medical Products Inc
Address: 50 Pennsylvania Avenue Malvern, PA 19355
Phone: 610.644.1370
Fax: 610.644.3992
Email: [email protected]
- TandemLife, dba Cardiac Assist, Inc.
Address: 620 Alpha Dr # 2, Pittsburgh, PA 15238, United States
Phone: 800-373-1607 US
+1-412-579-6182 International
Email: [email protected]
- Washington Medical Equipment
Address: 1100 West Chestnut St Washington, PA 15301
Phone: (724) 222-2545
Toll-Free: (877) 464-6635
Fax: (724) 222-2579
FAQs about the Medical device companies in Pennsylvania
See below for the answers to the questions about Medical device companies in Pennsylvania;
- What’s the employment rate of the medical device industry in Pennsylvania?
Medical device companies in Pennsylvania have employed 16,525 since 2013.
- How much has been invested in the medical device industry in Pennsylvania?
Over $63m has been invested into the Medtech industry in Pennsylvania with an NIH funding of $1.5b.
- What’s the ranking of the medical device industry in Pennsylvania?
The industry ranks 36th in the Best States for Business Ranking and 35th in the Chief Executive State Ranking.
- How many medical device companies are in Pennsylvania?
There are over 500 medical device companies in Pennsylvania.
Conclusion
Medical device companies in Pennsylvania are rapidly evolving as a result of changes in technology, research, policy, and capital allocation. The following trends have manifested themselves in Pennsylvania:
Supply trends: How the industry is responding to volatility in input prices and supply levels, the increase in supply chain complexity, the consolidation of existing industries, and the emergence of new value-generating ventures;
Demand trends: Expanding demand for medical device companies in Pennsylvania’s products and services, entry into new markets, new revenue mechanisms and risk-sharing arrangements, the shift from volume-based to value-based pricing, and the shift from volume-based to value-based pricing.
External factors: include the changing regulatory and risk environment, as well as the changing economic environment, and their impact on the growth of the medical device companies in Pennsylvania.
Disruption: Scientific breakthroughs, a growing need for digital and analytics capabilities to improve operational efficiencies and consumer engagement, and new forms of competition.
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Chibueze Uchegbu is a certified medical physiologist with a great passion for healthy living.
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