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The pace of medical technology companies being founded has slowed over the past five years, particularly the last two as a result of restrictions in capital and the general economic climate.  Nonetheless, a healthy number of companies have formed, with entrepreneurs pursuing technologies that, among other considerations, fit into current clinical demand.  Few surprises emerge from the breakdown of these companies’ clinical/technology focus:

Source:  MedMarket Diligence’s Medtech Startups Database.

Given given the well established presence of venture capital, a strong university system supporting innovation and other incentives, California remains the predominant site of medtech company formations*.   Like the biotechnology industry that it parallels, the medtech industry in Massachusetts is also strong.

Source:  MedMarket Diligence’s Medtech Startups Database.

*Note, while the Medtech Startups Database records all known company formations worldwide, the availability of information on U.S. companies is higher than most other regions.

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