Manufacturing for medical and medical devices includes implants, instruments, equipment and software for application and use in therapeutics, monitoring and diagnostics.
Vermont is home to a thriving medical device manufacturing cluster that offers capabilities in key areas, such as:
- Antimicrobial technologies, chemical analysis, diagnostic imaging tables, drug delivery systems, electrodes, electronics and sensors, imaging software, infusion medical devices, injection molding, plastics and polymers, precision liquid metering, medical diagnostics, microplate instrumentation and software, mobile surgery facilities, rubber tapes and elastic threads, security scanning / imaging components, R&D, medical and surgical tables, thermoplastics, thermoplastic elastomer compounds, and transdermal drug delivery systems.
According to Visiongain, the global medical device market will be worth $398 billion in 2017.
Medical and Medical Devices OEMs (for exhibitors only)
The U.S. government is the largest single purchaser of goods and services in the world, awarding approximately $500 billion in contracts every year.
The Small Business Administration’s Office of Government Contracting & Business Development works with federal agencies to award at least 23 percent of all prime government contract dollars to small businesses and help federal agencies meet specific statutory goals for small disadvantaged businesses, women-owned small businesses (WOSB), service-disabled veteran-owned small businesses (SDVOSB), and small businesses that are located in historically underutilized business zones (HUBZone).
In addition, SBA’s 8(a) Business Development Program assists eligible socially and economically disadvantaged individuals in developing and growing their businesses through one-on-one counseling, training workshops, matchmaking opportunities with federal buyers, and other management and technical guidance.