Medical Device Technology | Industries

Michigan is proud to be the home for life sciences discoveries, medical device technologies and the chemical manufacturing frontier as it continues to attract a host of life sciences investments from companies around the globe, ensuring the future will be developed, tested and deployed here in the state.

According to the 2022 TEConomy/BIO Report, Michigan benefits from having one of the leading University-led, bioscience related R&D engines. The state ranks in the top 10 nationwide with $1.62 billion in 2020 expenditures. This, coupled with $956 million in venture capital investment between 2018 and 2021, points to a thriving life sciences innovation and commercialization ecosystem. The high-quality jobs generated across Michigan’s bio-industry pay more than 64 percent above the overall private sector wage average in the state reflecting the prominent value-adding activities and skilled workforce deployed across scientific research and development, manufacturing, sales, distribution, and other key roles.

Michigan ranks in the top 10 for number of medical device technology business locations in the U.S.

Michigan ranks No. 10 in the nation for biomedical engineering graduates.

Michigan has a medical device manufacturing workforce of more than 12,000 people — ranking in the top 10 nationally.

Michigan’s University Research Corridor (URC) is the No. 1 cluster for undergraduate and advanced degrees in medicine and biological science.

Michigan is home to Stryker, a top 10 medical device company in U.S. (by total revenue).

40% of venture capital invested in Michigan in 2020 were in the life sciences and health care sectors, making up the largest sector share of investment.

Michigan ranks No. 9 in the nation in the pharmaceuticals employment sector with 9,956.

Medical Device Technology Success Stories

Genemarkers

Growing a business from the ground-up, Genemarkers achieved success in precision genomics research thanks to the many resources and talent available in Michigan.

Fifth Eye

On its journey to create a revolutionary and life-saving technology, Ann Arbor-based startup Fifth Eye found access to the support and ecosystem it needed thanks to the MEDC.

The Michigan Opportunity Podcast

Michigan's innovative leaders in life science discoveries is highlighted in several episodes of The Michigan Opportunity Podcast. Now in its second season, host Ed Clemente has been joined by several guests specializing in medical device technologies and biomedical engineering. Click on the episode links to the right and listen to insightful conversations and hear about new, emerging global trends.

Recent Medical Device, Health, Biomedical Episodes:

Michigan is an Industry Leader

Mobility and Automotive Manufacturing

Michigan is the past, present and future of the global automotive industry.

Engineering Design and Development

As the world leader in automotive and mobility R&D, Michigan is driving the next generation of industry innovation.

Professional and Corporate Services

Companies continue to choose Michigan to locate their headquarters and businesses, tapping into the concentration of talent available for professional and corporate services industries.

Advanced Manufacturing

Michigan is building on its rich manufacturing heritage and technological know-how to develop the innovative, high-tech products of the future.

Life Sciences & Medical Devices

Michigan’s manufacturing prowess and core of world-class medical device companies make the state a top tier location for medical device development and manufacturing.

Tech

Michigan is leading the way in developing innovative solutions for protecting the security of systems and people across the state, country and world.

Semiconductor

Home to the largest producer of polysilicon in the U.S., Michigan’s ability to support the semiconductor industry extends from being the global epicenter of the automotive industry.