Alabama is known for its healthcare and biotechnology industries and is home to medical device companies such as Atrion, Baxter, BioHorizons, Evonik, and Turner Medical.
Following are some fast facts about this important industry:
- Over 600 bioscience companies, including 54 medical device and equipment companies, employ approximately 1,600, according to U.S. Bureau of Labor Statistics data from the 2014 Batelle/BIO report.
- Average annual wage for the medical device and equipment industry in Alabama is $55,958.
- Alabama companies are involved in the research, design and manufacture of surgical and medical instrument assemblies, medical devices and implants, and biologic products for a variety of medical markets, including cardiovascular, orthopedic, ophthalmic, neurological, urological, dental, and general medicine.
- Alabama has 17 NIH-funded institutions, representing $274 million in NIH funding, according to Federation of American Societies for Experimental Biology (FASEB) data from www.report.nih.gov.
For a closer look at Alabama’s medical device industry, please open the document below.
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