Top 40 Medical device companies in Wisconsin

Medical device companies in Wisconsin are emerging as one of the state’s most dynamic industry sectors, with the potential to become a key driver of the state’s exports.

According to SelectUSA, a US government effort to facilitate business investment, the US medical device market is worth around $110 billion and is expected to grow to $133 billion by 2016.

Wisconsin has a high concentration of medical device companies, with leaders such as Wauwatosa-based GE Healthcare and Milwaukee-based Mortara Instrument Inc., as well as a slew of smaller firms, all riding the sector’s second surge.

Overview of Medical device companies in Wisconsin

According to federal export data provided by the Wisconsin Economic Development Corp., medical and scientific instruments are Wisconsin’s second-largest export commodity. In 2014, medical device companies in Wisconsin exported $2.17 billion in this category, accounting for 9.3 percent of total state exports.

This represents an 18% increase over 2009 when medical and scientific instrument exports totaled $1.84 billion.

According to Lee Swindall, vice president of business and industry development for the WEDC, the medical device sector’s first growth spurt occurred between 1985 and 1990, when it experienced a powerful burst of innovation.

The industry’s second ascent began in the early 2000s and is still ongoing, fueled by investment – and reinvestment – in the development of better, more effective technology.

Medical device companies in Wisconsin contribute to the state’s economy through employment, exports, and research, in addition to developing innovations. Even though these businesses face challenges and must address trends, most agree that the sector will only grow.

A prominent employer

According to a 2014 report from the nonprofit research and development organization Battelle and the Biotechnology Industry Organization, Wisconsin has a 50% higher concentration of specialized employment in medical device manufacturing than the national average.

According to the U.S. Bureau of Labor Statistics, Wisconsin’s medical device sector employed 13,073 people in 2013, a 13% increase from a decade earlier.

According to the Battelle/BIO report, the Milwaukee/Madison region ranks seventh in the nation for medical device employment. The Milwaukee market has 6,745 medical device jobs, with an average annual wage of $84,177.

GE Healthcare, which has its U.S. headquarters in Wauwatosa, is one of the state’s largest employers. It employs approximately 6,000 people in Wauwatosa, Waukesha, Milwaukee, and Madison, and over 50,000 people worldwide. According to Rob Reilly, the company’s chief marketing officer, GE Healthcare is also directly or indirectly responsible for one out of every 132 jobs in Wisconsin through its supply base.

Mortara Instrument, a designer, developer, and manufacturer of non-invasive cardiology devices and technologies, is another company with a strong local presence. Mortara employs 202 people in Milwaukee, 80 more across the country, and 110 internationally.

Mortara is currently hiring for 11 positions in the United States and expects to hire an additional 50 people in the next two to three years.

According to the North American Industry Classification System, Mortara and GE Healthcare are in the electromedical and electrotherapeutic apparatus manufacturing industry. According to the BLS, the industry, which specializes in products such as electrocardiographs, pacemakers, and hearing aids, provided 1,263 Wisconsin jobs in 2013.

GE Healthcare is also a part of the irradiation apparatus manufacturing industry, which employed the most people in Wisconsin in 2013 with 4,494 jobs. Wisconsin employs 34% of the nation’s workforce in that industry, and the state’s concentration of these jobs is 16 times higher than the national average.

Wisconsin exported $347.64 million of these products to China in 2014, an increase of 84% from 2009 and 7% from 2013.

According to Reilly, the state’s top exporter is GE Healthcare, which exports $1.5 billion in products to more than 100 countries each year. According to him, GE Healthcare, directly and indirectly, accounts for $3.8 billion in economic activity in the state, with the company accounting for one dollar for every $60 or so in the state’s economy.

Furthermore, GE Healthcare has approximately 1,000 Wisconsin-based suppliers with whom it makes more than $400 million in annual purchases, including approximately $100 million with more than 150 small business suppliers.

Mortara has distribution agreements in place to sell in every major international market, with approximately 40% of total sales occurring outside of the United States.

A developing industry

According to the WEDC and the companies, several factors are contributing to the current growth of the medical device sector in Wisconsin.

According to Swindall, there is an aggressive push from medical providers and insurers for innovation, efficiency, and effectiveness in medical device applications. This need has grown in the last three years and will continue to grow in the next three to five years.

Other factors driving growth, he says, include an aging population eager for innovations and an increase in nanotechnology applications for diagnosis, monitoring, and treatment.

Mortara, the world’s second-largest provider of electrocardiogram (ECG) devices, is one example of a Milwaukee company experiencing rapid growth.

According to Mortara, it has more than doubled in size over the last five years in terms of employees and sales, and it is growing at a rate of more than 10% per year.

Mortara’s 64,000-square-foot headquarters facility at 7865 N. 86th St., which houses administration, sales, marketing, service, engineering, and manufacturing, has reached capacity. Its other facility, a 50,000-square-foot facility at nearby 8220 W. Sleske Court, is also full and is used for additional manufacturing, shipping, and receiving.

As a result, the company is in the early stages of constructing a new facility that will serve as a centralized manufacturing hub. The structure, which could have up to 60,000 square feet of space, will be located at 8585 W. Bradley Road, which is also nearby.

Mortara does not yet have a completion date in mind, but he hopes to break ground this spring. The new structure is the latest in a long line of expansions for the company.

Mortara attributes his company’s growth to the fact that cardiovascular disease remains a significant health threat, as well as the leading cause of death in some countries.

Other growth drivers include an aging population and increased investment in healthcare systems outside of the United States. Mortara’s top growth markets right now are China, Brazil, and the Middle East.

The Revolution CT, a scanner that acquires high-quality images while using lower doses of radiation, is one of GE Healthcare’s newest products.

New businesses, innovations

The healthcare industry is completely reshaping itself. The Revolution CT, a scanner that produces high-quality images while using lower doses of radiation, is an example of one of GE Healthcare’s newest products that was designed, developed, and manufactured in Wisconsin.

While GE Healthcare is a household name, several new and lesser-known Milwaukee-area medical device companies are making rapid progress in the industry.

Somna Therapeutics LLC, based in Germantown, is one such example, having begun selling its REZA BAND UES Assist Device in approximately ten countries in March.

Medical device companies in Wisconsin

This article highlights our top picks for the best medical device companies in Wisconsin. These companies are approaching medical device innovation in a variety of ways, but they are all exceptional companies worth following.

  • AccessAbility Home Medical

Address: 1995 E Norse Ave Cudahy, WI 53110

Phone: 414-486-6249/414-727-2525

Toll-Free: (844) 837-2869

  • Accuray Inc (Mfg & Ops Bldg)

Website: Click here

Address: 1240 Deming Way Madison, WI 53717-1954 USA

Tel: +1.608.824.2800

Fax: +1.608.824.2996

  • Ad-Tech Medical Instruments

Website: Click here

Address: 400 WEST OAKVIEW PARKWAY OAK CREEK, WI 53154 USA

Toll-Free: 800-776-1555

​Phone: 262-634-1555

Fax: 262-634-5668

  • Advasaf LLC

Address: 280 Regency Ct, Suite 401 Brookfield, WI 53045 USA

Email: [email protected]

  • Aero Medical Products

Website: Click here

Address: 2230 Stonebridge Rd, West Bend, WI 53095, United States

Phone: 1.262.305.4247

Sales: 1.262.305.4247

Email [email protected]

  • Agiliti

Website: Click here

Address: 5810 Manufacturers Dr, Madison, WI 53704, United States

Phone: +1 608-241-3801

  • Atos Medical

Address: 2801 South Moorland Road New Berlin, WI 53151-3743

Ph: +1 800 217 0025

Fax: +1 414 227 9033

Email: [email protected]

  • Axcesor Inc

Website: Click here

Address: W134N5345 Campbell Drive Menomonee Falls, WI 53051

Phone: 262-375-7530

1-888-717-1471

  • Biomedical Solutions

Website: Click here

Address: 220 South Business Park Drive Suite # A1, Oostburg, WI 53070, United States

Phone: +1 877-668-6609

Email: [email protected]

  • Cardiac Science Corporation

Address: 500 Burdick Pkwy, Deerfield, WI 53531, United States

Phone: 978 421-9440 Direct

800 348-9011 Toll-free (US)

866-442-1011 Toll-free (Canada)

Fax: 978 421-0015 Fax

E-mail: [email protected]

  • Delta Medical Systems

Address: 3280 Gateway Road, Suite 200 Brookfield, WI 53045

Phone: 800-798-7574

Fax: 800-323-9321

  • Direct Supply

Address: 7301 W Champions Way, Milwaukee, WI 53223, United States

Phone: +1 800-634-7328

  • EirMed

Website: Click here

Address: 5120 Eagle Point Road Menomonie, WI 54751

Phone: (715) 639-1016

Fax: (715) 235-1834

  • Gauthier Biomedical

Website: Click here

Address: 2221 Washington St, Grafton, WI 53024, United States

Phone: +1 866-546-0010

  • GE Healthcare

Website: Click here

Address: 3030 Ohmeda Dr, Madison, WI 53718, United States

Phone: 1.800.437.1171/1.800.668.0732

  • Hatch Medical Products

Phone: 414-383-3800

Toll-Free: 800-240-0005

Email: [email protected]

Fax: 414-383-3836

Address: 3915 W Greenfield Ave. Milwaukee, WI 53215

  • Hudson Medical Innovations

Website: Click here

Address: 2251 Willis Miller Drive Hudson, WI 54016

Phone: 800.962.4719/715.338.3946

Fax: 715.386.3774

  • InControl Medical LLC

Website: Click here

Phone: 1 (262) 373-0422

Address: 3225 Gateway Rd # 250, Brookfield, WI 53045, United States

  • Innovative Medical Devices, Inc.

Website: Click here

Address: 8335 North Steven Road   Milwaukee, WI 53223-3356

Phone: 414 371-7600

Fax: 414 371-7606

Toll-Free: 800 558-1611

Email: [email protected]

  • Intech Kenosha

Website: Click here

Address: 10325 58th PlaceKenosha, WI 53144, USA

Phone: +1 (262) 925 1374

  • Jim Medical

Website: Click here

Address: 1343 E. Wisconsin Ave Suite 112 Pewaukee, WI 53072

Phone: (866) 546-4276/(866) 329-4276

Fax: (262) 547-4276/(262) 547-0512

  • Kinex Medical Company

Website: Click here

Address: 1801 Airport Road, Suite D Waukesha, WI 53188

Phone: 800 845 6364

Fax: 888 845 3342

  • Lakeside Manufacturing, Inc.

Address: 4900 West Electric Avenue Milwaukee, WI

Toll-Free: (844) 906-2530

Phone: (414) 928-2581

Fax: (414) 902-6446

Email: [email protected]

  • Lincare

Address: N8W22520 Johnson Dr, Waukesha, WI 53186, United States

Phone: +1 262-312-3339

  • Molecular Biology Resources

Website: Click here

Address: 6143 North 60th Street Milwaukee, WI, USA 53218-1606

Email: [email protected]

Phone: 800.626.7873

  • Natus Medical Incorporated

Address: 3150 Pleasant View Road Middleton, WI 53562, USA

Tel.: +1 608 829 8500

Fax: +1 608 829 8775

Toll Free: +1 800 356 0007

  • NeuWave Medical

Address: 3529 Anderson St, Madison, WI 53704, United States

Phone: +1 608-512-1500

Email: [email protected]

  • Nolato Contour Inc

Website: Click here

Address: 660 VandeBerg Street Baldwin, WI 54002, USA

Phone: +1 715 684 46 14

  • NorthStar Medical Radioisotopes, LLC

Address: 1800 Gateway Boulevard Beloit, WI 53511

Phone: (844) GET-MOLY

Phone: (608) 313-8000

  • Phillips-Medisize

Address: 2930 Mondovi Rd.n Eau Claire, WI 54701

Tel: +1-877-508-0252

[email protected]

  • Plas-Tech Engineering

Website: Click here

Address: 875 Geneva Parkway N. Lake Geneva, WI 53147 U.S.A.

Billing address: P.O. Box 777 Lake Geneva, WI 53147

Phone: 262-248-2379

Fax: 262-248 2289

e-mail: [email protected]

  • RF Technologies

Phone: (800) 669-9946

Fax: (262) 790-1784

Email: [email protected]

Address: 3125 N 126th St Brookfield, WI 53005

  • RPRD Diagnostics

Address: 1225 DISCOVERY PARKWAY MILWAUKEE WI, 53226

Phone: +1 (414) 316.3097

Website: [email protected]

  • Sanmina Corporation

Address: 300 Industrial Avenue Turtle Lake, WI 54889 United States

Phone: 1 715 986 4407

Fax: 1 715 986 4406

  • Tecovan

Address: W67 N250 Evergreen Blvd Cedarburg, WI 53012

Email: [email protected]

Phone: (262)292-2060

  • TIDI Products

Website: Click here

Address: 570 Enterprise Drive Neenah, WI 54956 USA

Phone: +1 920.751.4300

Fax: +1 920.751.4370

  • Trinity Precision Solutions, Inc.

Address: W175 N5750 Technology Dr Menomonee Falls, WI 53051

Email: [email protected]

Phone: 262-252-4786

  • Vector Surgical LLC

Phone: +1 (262) 798-7970

Fax: +1 (262) 798-7972

Address: 20975 Swenson Drive, Suite #430 Waukesha, WI 53186

  • Wisconsin Medical Supplies

Website: Click here

Address; 2020 Prairie Ln, Eau Claire, WI 54703, United States

Phone: +1 715-257-4340

Email: [email protected]

FAQs about Medical device companies in Wisconsin

The answers to the most asked questions about the medical device companies in Wisconsin can be seen below;

  • What is the export rate of the medical device companies in Wisconsin?

According to federal export data provided by the Wisconsin Economic Development Corp., medical and scientific instruments are Wisconsin’s second-largest export commodity.

In 2014, medical device companies in Wisconsin exported $2.17 billion in this category, accounting for 9.3 percent of total state exports. This represents an 18% increase over 2009 when medical and scientific instrument exports totaled $1.84 billion.

  • What’s the employment rate of medical device companies in Wisconsin?

Wisconsin has a 50% higher concentration of specialized employment in medical device manufacturing than the national average.

According to the U.S. Bureau of Labor Statistics, Wisconsin’s medical device sector employed 13,073 people in 2013, a 13% increase from a decade earlier.

  • Which region is ranked high in medical device employment in Wisconsin?

The Milwaukee/Madison region ranks seventh in the nation for medical device employment. The Milwaukee market has 6,745 medical device jobs, with an average annual wage of $84,177.

  • What are the top medical device companies in Wisconsin?

GE Healthcare and Mortara are the top medical device companies in Wisconsin.

Conclusion on the Medical device companies in Wisconsin

According to reports, the medical device companies in Wisconsin will continue to grow. For starters, the United States spent $2.9 trillion on health care in 2013, with an additional $8 trillion spent globally.

The medical device companies in Wisconsin are already in an industry that accounts for 20% of the economy, and it will only grow with demographics over the next five to ten years.

Also, the industry accounts for 20% of the economy and has difficult problems to solve. That’s where they have to do their best. The medical device sector in Wisconsin is expected to grow tremendously.

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