Medical Technologies
Medical Technologies
Section 201(h) of the Food, Drug and Cosmetics Act defines medical technologies as instruments, apparatus, machines and their component parts and accessories intended for use in the diagnosis of disease, or disease cure, mitigation, treatment, or prevention that are intended to affect the structure or function of the body and which does not achieve its primary intended purposes through chemical action within the body.[1]
The medical technologies industry (sometimes referred to as the medical device industry) contains a wide range of products which help in the diagnosis and treatment of a patient’s medical condition. These include computed tomography (CT) scanners, magnetic resonance imaging (MRI) machines, cardiac stents, X-rays, orthopedic appliances, and defibrillators.
U.S. manufacturers shipped $141 billion in medical technologies in 2018, according to the U.S. Census Bureau, a $10 billion increase from 2016.[2] The United States has the largest percentage share of the global market, at approximately 40 percent. In addition, U.S. medical technology manufacturers are globally competitive across many product categories, exporting nearly $31 billion in 2019. Medical technology companies also reinvest a significant portion of revenues in Research & Development, both because the average product lifecycle ranges between 18-24 months, and to incorporate new features and innovative technologies to treat patients.
[2] Annual Survey of Manufactures (ASM), 2018, U.S. Census Bureau, using the North American Industrial Classification System (NAICS) codes comprising the medical technologies sector. 2018 is the most recent ASM year available; Census does not publish the ASM in Census of Manufactures (COM) years. The 2017 COM is not yet available, so the 2016 ASM has been used for comparison.
Please see below for additional information specific to Medical Technologies
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2019 U.S. Exports of Medical Technologies in Millions of Dollars (HS Codes) |
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|
3005000000 |
Adhesive Dressings, Wadding, Gauze and Similar Articles |
$779 |
|
3006100000 |
Sterile Surgical Catgut and Similar Sterile Materials |
$1,278 |
|
3006500000 |
First-Aid Boxes and Kits |
$27 |
|
3006910000 |
Appliances for Ostomy Use |
$141 |
|
4015110000 |
Surgical Gloves of Vulcanized Rubber |
$14 |
|
4015190000 |
Gloves, Mittens and Mitts of Vulcanized Rubber |
$122 |
|
6115100000 |
Graduated Compression Hosiery of Textile Materials |
$62 |
|
8543708500 |
Electric Nerve Stimulation Machines & Apparatus |
$25 |
|
8713100000 |
Wheelchairs, Not Mechanically Propelled |
$43 |
|
8713900000 |
Wheelchairs, Not Elsewhere Specified or Indicated (NESOI) |
$31 |
|
8714200000 |
Parts and Accessories for Wheelchairs |
$79 |
|
9001300000 |
Contact Lenses |
$1,051 |
|
9001400000 |
Spectacle Lenses of Glass, Unmounted |
$2 |
|
9018113000 |
Electrocardiographs |
$51 |
|
9018118000 |
Parts and Accessories for Electrocardiographs |
$153 |
|
9018120000 |
Ultrasonic Scanning Apparatus |
$1,175 |
|
9018130000 |
Magnetic Resonance Imaging Apparatus |
$546 |
|
9018140000 |
Scintigraphic Apparatus |
$31 |
|
9018500000 |
Other Ophthalmic Instruments & Appliances |
$1,113 |
|
9018903000 |
Anesthetic Instruments, Appliances and Parts |
$165 |
|
9018904000 |
Percussion Hammers, Stethoscopes and Parts Thereof |
$60 |
|
9018905000 |
Sphygmomanometers, Tensimeters, and Parts Thereof |
$73 |
|
9018906000 |
Electro-Surgical Instruments, Appliances & Parts |
$3,730 |
|
9018908000 |
Medical, Surgical Instruments & Appliances, NESOI |
$8,037 |
|
9019102000 |
Mechano-Therapy Appliances & Massage Apparatus, Including Parts |
$485 |
|
9019200000 |
Ozone/Oxygen Therapy, Respiration Apparatus, Parts, Accessories |
$1,240 |
|
9021100050 |
Bone Plates, Screw & Nails, & Other Internal Fixation Devices |
$1,529 |
|
9021100090 |
Orthopedic or Fracture Appliances & Parts, NESOI |
$782 |
|
9021310000 |
Artificial Joints, Parts and Accessories |
$1,903 |
|
9021390000 |
Other Orthopedic Parts & Accessories |
$2,493 |
|
9021400000 |
Hearing Aids, Excluding Parts and Accessories |
$439 |
|
9021500000 |
Pacemakers for Stimulating Heart Muscles, Excluding Parts |
$141 |
|
9022120000 |
Computed Tomography Apparatus |
$599 |
|
9022140000 |
X-Ray Apparatus for Medical/Surgical Use |
$941 |
|
9022210000 |
Medical Apparatus Based on Alpha, Beta, Gamma Rays |
$209 |
|
9022300000 |
X-Ray Tubes |
$569 |
|
9022904000 |
Parts and Accessories of X-Ray Tubes |
$90 |
|
9022906000 |
Parts of Apparatus Based on the Use of X-Rays |
$712 |
|
9025112000 |
Clinical Thermometers, Liquid-Filled |
$2 |
|
9025198040 |
Clinical Thermometers, Not Combined W/Other Instruments, NESOI |
$23 |
|
Total |
|
$30,945 |