Medical technology industry is strong contributor to US economy
A new study released today by the Advanced Medical Technology Association shows the medical technology industry is a strong and vibrant contributor to the US economy, responsible in 2008 for nearly 423,000 jobs, $24.6 billion in annual payroll, and almost $136 billion worth of products sold.
Medical spending could deliver a debilitating heart attack to the US economy, despite the recently passed healthcare legislation that hopes to significantly control costs.