And, that’s just one of Tennessee’s three geographic regions. Our entire state is a hub of the nation’s healthcare industry, with businesses ranging from medical device companies to pharmaceutical manufacturers, managed care and national insurance providers.
In Tennessee, you will find world-renowned companies including DeRoyal Industries, Microport Orthopedics Inc., Hospital Corporation of America (HCA), Medtronic, Sofamor Danek and Wright Medical Technology.
During Governor Haslam’s administration, 73 projects have been announced in the Healthcare and Medical Devices sector. These projects have created 14,700+ new jobs with investment greater than $1.4 billion.
Tennessee ranks second in the nation in exports of medical equipment and supplies, with a total of $3.34 billion in 2016. Our state’s exports in the sector have grown by 26 percent since 2010. Tennessee’s largest export partners in this sector include Belgium, Singapore, Japan, China and The Netherlands, accounting for 58.7 percent of the sector’s exports.
Tennesseans employed in healthcare and medical device industry and is expected to grow 19% by 2025.
in U.S. for medical equipment and supplies exports for eight consecutive years.
in the Southeast for medical equipment and supplies exports for eight consecutive years.
Tennesseans employed in medical equipment and supplies manufacturing.
growth in this sector since 2010.