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Utah Life Sciences Reports

The Economic Impact of the Medical Technology Industry

AdvaMed
July 2021

The purpose of this report is to provide a comprehensive update to medical technology industry statistics in order to quantify its impact on the U.S. economy. By leveraging data from the U.S. Bureau of Labor Statistics, the U.S. Census Bureau, and the U.S. Bureau of Economic Analysis, the following tables and figures yield a complete overview of the medical technology industry. These data quantify the substantial economic contributions of the industry at the national and state level.

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