State’s medical manufacturing industry is a national leader

Florida isn’t often thought of as a manufacturing hub, much less a high-tech medical manufacturing Mecca. A new report counters that belief, showing Florida is a major player nationally in making health care devices and related work.

How big? The state ranks No. 3 in total medical technology employment, with nearly 24,000 jobs, and No. 7 in total revenue generated in the sector, with $6.09 billion. The report, from industry trade group Advanced Medical Technology Association, AdvaMed, states “that the 2019 repeal of the medical device excise tax has enabled the Florida medtech industry to excel. As a result of policies that value growth and innovation, medtech revenues have had countless benefits for Florida state revenues and payroll.”