Medical technology jobs drop amid device tax implementation

Editor's Note

The Advanced medical Technology Association (AdvaMed) in a February 8 press release linked medical technology job losses to the Affordable Care Act’s medical device tax.

The US medical technology industry lost nearly 29,000 (7.2%) jobs from 2012 to 2015 while the 2.3% medical device tax was in effect, according to the report.

These numbers show the devastating impact the device tax had on the medical technology industry and underscores the need for permanent repeal, says Scott Whitaker, president and CEO of AdvaMed.

WASHINGTON, D.C. - The U.S. medical technology industry saw its jobs ranks fall by nearly 29,000 while the medical device excise tax was in effect, according to the latest figures from the U.S. Department of Commerce. Specifically, from 2012 to 2015, the number of U.S.