Medical Devices Industry Description
The Medical Devices industry in Minnesota is a significant contributor to the state's economy. The industry is composed of companies that manufacture medical devices, equipment, and supplies used in healthcare facilities. Minnesota is home to over 700 medical device companies, making it the second-largest medical device hub in the United States. The industry employs over 35,000 people in the state, with an average salary of $85,000 per year. The industry's products range from simple devices like bandages and syringes to complex equipment like MRI machines and pacemakers. The industry is highly regulated by the FDA, and companies must adhere to strict quality standards to ensure patient safety. Some of the largest medical device companies in Minnesota include Medtronic, Boston Scientific, and St. Jude Medical. These companies have a significant impact on the state's economy, with Medtronic alone generating over $30 billion in revenue in 2020. The industry is expected to continue to g...
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271
COMPANIES
24.7 Billion
TOTAL VALUE
Related Industries
Avg Salary in Medical Devices
$99,097
AVG SALARY
Top Companies
COMPANY NAME | INDUSTRY | LOCATION | REVENUE | EMPLOYEES |
---|---|---|---|---|
United States, Minnesota |
1 Billion and Over |
10001+ |
||
United States, Minnesota |
1 Billion and Over |
10001+ |
||
United States, Minnesota |
1 Billion and Over |
5001-10000 |
||
United States, Minnesota |
500 Million to 1 Billion |
5001-10000 |
||
United States, Minnesota |
250 Million to 500 Million |
10001+ |
||
United States, Minnesota |
100 Million to 250 Million |
10001+ |
||
United States, Minnesota |
100 Million to 250 Million |
10001+ |
||
United States, Minnesota |
1 Billion and Over |
1001-5000 |
||
United States, Minnesota |
500 Million to 1 Billion |
1001-5000 |
||
United States, Minnesota |
50 Million to 100 Million |
10001+ |
Segmentation by Revenue
Industry + State Overview
The health and wellness industry in Minnesota is a thriving sector that encompasses a wide range of businesses and services aimed at promoting physical and mental well-being. Minnesota is home to numerous hospitals, clinics, and healthcare facilities that provide top-notch medical care to residents and visitors alike. Additionally, the state boasts a strong network of health insurance providers, ensuring that individuals have access to affordable healthcare coverage. Minnesota is also known for its robust wellness industry, with a plethora of fitness centers, yoga studios, and wellness retreats catering to individuals seeking to improve their overall health and fitness levels. The state's commitment to promoting healthy lifestyles is evident in the numerous parks, trails, and recreational facilities available for outdoor activities such as hiking, biking, and skiing. Furthermore, Minnesota is a hub for research and innovation in the health and wellness field. The state is home to...
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FAQs
1
What are the top 3 Medical Devices companies in Minnesota?
The top Medical Devices companies in Minnesota are Medtronic, St. Jude Medical and Patterson Companies. To view a full list of companies in this industry, please sign in to CIENCE GO Data.
2
How are these Medical Devices companies ranked in Minnesota?
The companies are ranked based on factors such as revenue, workforce (employee count), and regional location.
3
How many Medical Devices companies are headquartered in Minnesota?
There are approximately 271 of Medical Devices companies in the US according to the latest CIENCE data.
4
What is the economic impact of the Medical Devices in Minnesota?
The median revenue for Medical Devices companies in the US is 7500000.
5
Is the Minnesota region known for its Medical Devices sector?
Yes, the Medical Devices industry in Minnesota is known for Medical Devices as there are 271 companies in Minnesota.
6
What is the average revenue of Medical Devices companies in Minnesota?
The average revenue for Medical Devices companies in Minnesota is 91311808.
7
How can I find job opportunities in the Medical Devices in Minnesota?
You can find job opportunities in the Medical Devices in Minnesota through online job portals, company websites, and industry-specific job fairs. Each company listed in the CIENCE database includes known company phone numbers and website information.
8
Where are other Medical Devices companies located?
The overall Medical Devices industry main page is found here.
FAQs
The top Medical Devices companies in Minnesota are Medtronic, St. Jude Medical and Patterson Companies. To view a full list of companies in this industry, please sign in to CIENCE GO Data.
The companies are ranked based on factors such as revenue, workforce (employee count), and regional location.
There are approximately 271 of Medical Devices companies in the US according to the latest CIENCE data.
The median revenue for Medical Devices companies in the US is 7500000.
Yes, the Medical Devices industry in Minnesota is known for Medical Devices as there are 271 companies in Minnesota.
The average revenue for Medical Devices companies in Minnesota is 91311808.
You can find job opportunities in the Medical Devices in Minnesota through online job portals, company websites, and industry-specific job fairs. Each company listed in the CIENCE database includes known company phone numbers and website information.
The overall Medical Devices industry main page is found here.
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