Lexology May 24, 2024
Florida is more than just the home of alligators and presidential candidates. The state was recently ranked as the fourth largest “medical device state” in the U.S., after California, Minnesota, and Massachusetts. It was estimated to have the third largest “total medical technology employment, with nearly 24,000 jobs, and No. 7 in total revenue generated in the sector, with $6.09 billion.” Florida has also recently been recognized as having the nation’s “second-largest pharmaceuticals manufacturing industry” and “the fourth-largest biotech R&D industry.”
Several regions stand out for their local medical device industries. Miami-Dade county reportedly includes the presence of Beckman Coulter, BD Biosciences, and Cordis (a Johnson & Johnson Company), among others. Medical device companies or divisions reportedly located in northeastern...