Best 40 medical device companies in Texas

The medical device companies in Texas have expanded rapidly in the five years leading up to 2017. Despite accounting for a small portion of the national Medical Device Manufacturing industry, revenue growth in Texas has outpaced the national industry.

National corporations have recently invested in new Texas locations. Since 2010, the Patient Protection and Affordable Care Act (PPACA) has significantly increased the number of people in Texas with private health insurance, resulting in increased demand for healthcare and, as a result, a larger market for medical devices.

Over the five years, industry revenue increased at a 3.9 percent annualized rate to $1.8 billion.

Texas is home to many of the largest players in the medical equipment and supplies industry.

Abbott Laboratories, Agilent Technologies, Baxter International, Becton Dickinson, CareFusion, GE, Johnson & Johnson, Stryker, Thermo Fisher Scientific, and Zimmer are among the Fortune 1000 medical device companies with manufacturing or management operations in the state.

These companies, along with many others, have helped to build a strong medical equipment and supplies workforce in the state.

In this sector, more than 780 companies employ approximately 13,442 highly skilled workers, making Texas one of the top ten states in the country in terms of the medical device labor force.

Texas develops and manufactures a wide range of medical products, from surgical sutures and bandages to molecular biology kits and medication delivery systems.

Medical device companies in Texas serve a wide range of medical specializations, the state has developed several distinct clusters, including ophthalmology, orthopedics, cardiology, diagnostics, and wound care.

Top 9 Medical Device Companies in Texas

  1. GE Medical Systems Inc. (General Electric) Products by El Paso Cardiology
  2. Hitachi High Technologies Co., Ltd. America Instruments from Dallas Lab
  3. Ethicon, Inc. (Johnson & Johnson) Surgical Supplies in San Angelo
  4. Alcon Research & Development (Novartis) Ophthalmic products in Houston
  5. Plano Flextronics Contract design and production
  6. Abbott Laboratories
  7. Respiratory Care by Kimberly-Clark (disposables)
  8. Surgical devices and diabetes management at Medtronic Fort Worth and San Antonio
  9. Austin Diagnostics by Thermo Fisher Scientific

State Initiatives and Incentives

For medical device companies looking to expand or relocate to Texas, the state has a competitive and robust incentive program portfolio:

  • Texas Enterprise Fund (TEF) – The Texas Enterprise Fund (TEF) is one of the nation’s largest “deal-closing” funds, established to bring new businesses and jobs to Texas. TEF has awarded more than $118 million to life science-related companies that have committed to creating 13,706 jobs in Texas since its inception.
  • GURI (Governor’s University Research Initiative) – GURI was established by legislation signed by Governor Greg Abbott in 2015. Since then, the state has invested $36 million in attracting and recruiting top researchers to Texas’ higher education institutions.
  • Product Development & Small Business Incubator Loan Program (PDSBI) – PDSBI provides long-term, asset-backed loans to near-bankable businesses developing and/or commercializing new or improved products, small businesses, non-profits, and small business incubators and accelerators, with preference given to entities in semiconductors, nanotechnology, biotechnology, biomedicine, and other emerging technologies.
  • Texas Cancer Prevention and Research Institute (CPRIT) – CPRIT, which was established in 2007, provides grants to Texas organizations and institutions for cancer-related academic research, product development research, and the delivery of cancer prevention programs and services. CPRIT has awarded 1,132 grants totaling more than $1.79 billion to date.
  • R&D Tax Credit – In 2013, Texas signed legislation to restore franchise tax credits for companies conducting qualified research activities (QRAs) for Texas businesses.
  • The law gives Texas businesses the option of choosing either a sales tax exemption on property purchased by QRA personnel or the franchise tax credit, but not both. Both the sales tax exemption and the research credit have been extended until 2026.
  • Regulation of Stem Cells – In 2012, the Texas Medical Board approved new guidelines for the use of experimental stem cell therapies. The guidelines require that stem cell procedures be performed solely for research purposes, that they are approved by a public or private institutional research board, and that patients sign consent forms. Texas has joined California, New York, and Illinois in enacting regulations governing stem cell research.

The medical device industry in Texas has grown in part due to the state’s well-known business friendliness.

According to Chief Executive magazine, the state’s business climate is the best in the country. There is also specific support for the life sciences.

It also helps that Houston is home to the world’s largest medical center, the Texas Medical Center. Last year, the Texas Medical Center announced that Johnson & Johnson Innovation would open a [email protected] incubator for new businesses.

Many of the state’s largest medical device players, including more than a dozen Fortune 500 Medtech firms, have manufacturing facilities or significant operations.

Abbott Laboratories, Johnson & Johnson, Medtronic, GE, Stryker, Cardinal Health, St. Jude Medical, and Becton Dickinson are among them.

Medical Device companies in Texas

Here’s a comprehensive list of some of the medical device companies operating in Texas:

Abbott Laboratories

Address: 1921 Hurd Dr Irving, TX, 75038-4396 United States

Phone: (972) 550-1063

Website: Visit

Accellinent

Address: 503 Country Club Dr. Joshua, TX, 76058-6110 United States

Phone: (817) 688-7460

Website: Visit

Revenue: $95,041

Year Started: 1997

AeonClad Biomedical

Address: 7500 RIALTO BLVD 2 AUSTIN, TX 78735

Phone: (512) 263-3232

Email: Visit

Founded: 2008

Annual Revenue: $99,000.00

Aggredyne

Address: 10530 Rockley Rd Houston, TX, 77099-3554 United States

Phone: (866) 800-1955

Website: Visit

Revenue: $756,919

Year Started: 2015

Incorporated: 2011

Alcon Laboratories Inc. (Novartis)

Address: 6201 South Fwy Fort Worth, TX, 76134-2001 United States

Phone: (817) 293-0450

Website: Visit

Revenue: $1.55 billion

Year Started: 2000

Incorporated: 2011

Alliance Spine

Address: 14206 Northbrook Dr San Antonio, TX, 78232-5020 United States

Phone: (210) 314-2525

Website: Visit

Revenue: $20.93 million

Year Started: 2009

B Braun Medical

Address: 1601 Wallace Dr Ste 150 Carrollton, TX, 75006-6690 United States

Phone: (972) 245-2243

Website: Visit

Fax: +1 610-691-5400

Email: [email protected]

Becton, Dickinson & Co. (BD)

Address: 5859 Farinon Dr Ste 200 San Antonio, TX, 78249-3461 United States

Phone: (210) 526-5000

Website: Visit

Email: [email protected]

Beyond Dental & Health

Address: 101 N McGee St Borger, TX, 79007-4015 United States

Phone: (806) 274-2285

Website: Visit

Revenue: $74,432

Year Started: 2018

Bio2 Medical

Address: 18618 Tuscany Stone San Antonio, TX, 78258-3465 United States

Phone: (210) 694-5222

Website: Visit

Revenue: $814,211

Year Started: 2006

Incorporated: 2006

Bio-Rad Laboratories

Address: 3201 Technology Dr Plano, TX, 75074-7441 United States

Phone: (972) 596-6165

Website: Visit

Fax: +33 1 4795 6181

Caris Life Sciences

Address: 750 W John Carpenter Fwy Ste 800 Irving, TX, 75039-2520 United States

Phone: (866) 771-8946

Website: Visit

Revenue: $92.76 million

Year Started: 1996

Incorporated: 2017

Castle Biosciences

Address: 820 S Friendswood Dr Ste 201 Friendswood, TX, 77546-4500 United States

Phone: (866) 788-9007

Website: Visit

Revenue: $94.08 million

Year Started: 2007

Incorporated: 2007

CCS Medical

Address: 1505 Lyndon B Johnson Fwy Ste 600 Farmers Branch, TX, 75234-6074 United States Phone: (972) 628-2100

Website: Visit

Revenue: $35.29 million

Year Started: 2002

Incorporated: 2005

Celanese

Address: 222 Las Colinas Blvd W Ste 900N Irving, TX, 75039-5467 United States

Phone: (972) 443-4000

Website: Visit

Revenue: $8.54 billion

Sales Growth: -10.2%

Year Started: 1918

Incorporated: 2004

CeloNova Biosciences

Address: 8023 Vantage Dr Ste 1000 San Antonio, TX, 78230-2436 United States

Phone: (210) 489-4000

Website: Visit

Revenue: $23.51 million

Year Started: 2011

Incorporated: 2000

Ceutical Labs

Address: 3820 Burr Oak Ct Bedford, TX, 76021-6175 United States

Phone: (817) 247-7513

Website: Visit

Revenue: $2.75 million

Year Started: 2008

Confluent Medical Technologies

Website: Visit

Address: 9208 Waterford Centre Boulevard, Suite 150 Austin, TX 78758

Phone: 512.200.9351

DAC Vision

Address: 3630 W Miller Rd Ste 350 Garland, TX, 75041-6050 United States

Phone: (972) 677-2700

Website: Visit

Revenue: $54.88 million

Year Started: 1976

Incorporated: 1976

DisperSol Technologies

Address: 111 W Cooperative Way Bldg 3 Georgetown, TX, 78626-8204 United States

Phone: (512) 686-4740

Website: Visit

Revenue: $9.37 million

Year Started: 2012

DJO Surgical (DJO Global business unit)

Address: 2900 Lake Vista Dr Lewisville, TX, 75067-3889 United States

Phone: (800) 321-9549

Website: Visit

Revenue: $1.20 billion

Year Started: 1978

Incorporated: 1995

DLK Medical Technologies, Inc

Website: Visit

Address: 5440 Red Bird Center Dr. Dallas, Texas 75237

Phone: (844) 638-0127

Email: [email protected]

EchoMRI

Address: 16223 Park Row Ste 180 Houston, TX, 77084-5137 United States

Phone: (281) 492-0082

Website: Visit

Revenue: $400,319

Year Started: 1996

ENTrigue Surgical

Address: 12672 Silicon Drive, Suite 150, San Antonio, Texas, United States

Website: Visit

Email: [email protected]

Phone: +44 20 7401 7646

Founded: 2013

Annual Revenue: $2,853,847.00

Estill Medical Technologies

Address: 1606 Industrial Ct Arlington, TX, 76011-4726 United States

Phone: (214) 561-6001

Website: Visit

Revenue: $3.20 million

Year Started: 1997

Incorporated: 1998

Fisher Healthcare (ThermoFisher Scientific)

Address: 2150 Woodward St Austin, TX, 78744-1038 United States

Phone: (512) 202-6374

Website: Visit

Email: [email protected]

Flextronics International, USA

Address: 600 Shiloh Rd Plano, TX, 75074-7209 United States

Phone: (817) 837-5098

Website: Visit

Email: [email protected]x.com

ForwardMed LLC

Address: 2511 Wind Fall Ln Sugar Land, TX, 77479-1408 United States

Phone: (832) 526-0150

Revenue: $118,992

Year Started: 2009

G-CON

Address: 6161 Imperial Loop College Station, TX, 77845-5766 United States

Phone: (214) 220-4303

Website: Visit

Revenue: $2.34 million

Year Started: 2009

Genesis Biosystems

Address: 1500 Eagle Ct Lewisville, TX, 75057-2330 United States

Phone: (972) 315-7888

Website: Visit

Revenue: $3.79 million

Year Started: 2002

Incorporated: 2001

German Diagnostics

Address: 14610 State Highway 249 Houston, TX, 77086-4200 United States

Phone: (281) 397-8999

Website: Visit

Revenue: $190,760

Year Started: 2012

Invictus Medical

Address: 16601 Blanco Rd Ste 110 San Antonio, TX, 78232-1938 United States

Phone: (210) 862-1376

Website: Visit

Revenue: $505,742

Year Started: 2010

Keraplast Technologies

Address: 19210 Huebner Rd Ste 103 San Antonio, TX, 78258-3104 United States

Phone: (210) 494-5596

Website: Visit

Revenue: $2.90 million

Year Started: 1996

Mainstream Medical Devices

Website: Visit

Address: 3913 Todd Lane, Suite 304 Austin, Texas 78744 United States

Email: [email protected]

Metric Medical Devices Inc

Website: Visit

Address: 846 Silver Springs Helotes, Texas 78023

Phone: 830.535.6300

Preventice Solutions

Address: 1717 N Sam Houston Pkwy W Ste 100 Houston, TX, 77038-1324 United States

Phone: (281) 760-0500

Revenue: $48.45 million

Year Started: 2009

Prytime Medical Devices Inc.

Website: Visit

Address: 229 North Main Street, Boerne, TX 78006

Phone: 210.340.0116

Fax: 210.558.1860

Email: [email protected]

Strukmyer Medical

Website: Visit

Address: 1801 Big Town Blvd, Mesquite Texas 75149

Email: [email protected]

Phone: (+1) 214-275-9595

Tetra technologies inc

Address: 24955 Interstate 45 The Woodlands, TX, 77380-3055 United States

Phone: (281) 367-1983

Website: Visit

Revenue: $388.27 million

Sales Growth: -32.7%

Year Started: 1981

Incorporated: 1981

Vivante health

Address: Houston, Texas, United States

Website: Visit

Email: [email protected]

Phone: 888-200-5492

FAQs about the medical device companies in Texas

Here are the top answers to the frequently asked questions about medical device companies in Texas;

What’s the market size of the medical device companies in Texas?

The medical device companies in Texas have been able to generate $2 billion in income.

How many medical device companies are in Texas?

There are over 780 medical device companies in Texas

What’s the industry’s employment rate in Texas?

The medical companies in Texas have employed approximately 13,442 highly skilled workers, making Texas one of the top ten states in the country in terms of the medical device labor force.

Who are the top players in the medical device industry?

Medtronic PLC, Abbott Laboratories, Smith & Nephew PLC, Stryker Corporation, and Novartis International AG are the companies with the largest market share in the Medical Device Manufacturing in the Texas industry.

Conclusion

Texas’ rise, however, is far from over. According to Imran of InCube, the three major U.S. medical device industry hubs California, Minnesota, and Massachusetts have three major advantages:

A plethora of groundbreaking ideas is generated inside and outside of universities, a large community of entrepreneurs who can identify fruitful ideas and cultivate them into promising companies, and a large pool of risk capital to pay for medical device development.

While Texas cannot yet compete with the top-tier Medtech hubs, it is making progress.

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