Indiana moves up in med tech rankings

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Indiana has the seventh-largest cluster of medical technology firms in the United States, according to a new analysis by the Lewin Group.

The industry employed 19,950 Hoosiers in 2007 and supported another 35,000 jobs in supplier companies, according to Lewin’s analysis, which was funded by AdvaMed, a Washington, D.C.-based industry trade group.

California has by far the largest medical technology industry, with 84,000 employed. The industry as a whole employs 423,000, paying wages 40-percent higher than the national average.

Medical technology includes surgical and medical tools and implants, equipment for blood and dental labs, and similar products. In Indiana, the industry includes such firms as Bloomington-based Cook Inc., Batesville-based Hill-Rom Holdings Inc., Warsaw-based Zimmer Holdings Inc. and Switzerland-based Roche Diagnostics, which has its North American headquarters in Indianapolis.

Compared with a 2005 study by the Virginia-based Lewin Group, Indiana’s medical technology employment grew 28 percent from 2005 to 2007, helping Indiana gain one spot by moving ahead of New York in medical technology employment.

Hoosiers also are the most productive among peers in major medical technology states. Indiana workers churned out $6.9 billion in shipments in 2007, or 5 percent of the $136 billion total nationwide.

California led the way with $26.3 billion in total shipments, followed by Massachusetts with $8.3 billion.

Medical technology faces an uncertain future, with the new health law promising to assess $2 billion a year on the industry, divvied up by amount of sales. Companies with consumer-focused or physician-focused products, such as Roche Diagnostics’ blood glucose monitors, will likely benefit from the 32 million new insured customers the law is predicted to create.

But medical products makers selling to hospitals—which already were required by law to treat uninsured patients—are unlikely to see a significant boost in sales.

Still, aging baby boomers are sure to keep demand for medical technology products growing for many years to come.


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  1. I had read earlier this spring that Noodles & Co was going to open in the Fishers Marketplace (which is SR 37 and 131st St, not 141st St, just FYI). Any word on that? Also, do you happen to know what is being built in Carmel at Pennsylvania and Old Meridian? May just be an office building but I'm not sure.

  2. I'm sorry, but you are flat out wrong. There are few tracks in the world with the history of IMS and probably NO OTHER as widely known and recognized. I don't care what you think about the stat of Indy Car racing, these are pretty hard things to dispute.

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  4. Why does the majority get to trample on the rights of the minority? You do realize that banning gay marriage does not rid the world of gay people, right? They are still going to be around and they are still going to continue to exist. The best way to get it all out of the spotlight? LEGALIZE IT! If gay marriage is legal, they will get to stop trying to push for it and you will get to stop seeing it all over the news. Why do Christians get to decide what is moral?? Why do you get to push your religion on others? How would legalizing gay marriage expose their lifestyle to your children? By the way, their lifestyle is going to continue whether gay marriage is legalized or not. It's been legal in Canada for quite a while now and they seem to be doing just fine. What about actual rules handed down by God? What about not working on Sundays? What about obeying your parents? What about adultery? These are in the 10 Commandments, the most important of God's rules. Yet they are all perfectly legal. What about divorce? Only God is allowed to dissolve a marriage so why don't you work hard to get divorce banned? Why do you get to pick and choose the parts of the Bible you care about?

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