Northeast Indiana’s medical device industry cluster represents 50% of the global orthopedic market for total joint replacements, earning Warsaw, Ind. the title of Orthopedic Capital of the World.® Our medical device value chain has a place for new, innovative businesses.
Top Facts about the Medical Device Industry in Northeast Indiana
- The regional average salary in the medical device industry is $81,205.
- Between 2014 and 2018, Warsaw orthopedic companies launched 252 new products clearing FDA regulation.
- OrthoWorx is a non-profit that works with orthopedic industry members, academic partners and community leaders to capitalize on resources and expertise to achieve common goals. OrthoWorx has three core initiatives: Talent Development, Talent Attraction and Innovation. OrthoWorx also launched AcceLinx Inc., a medical device business accelerator, to support innovation in the region.
- Combined, the medical device companies in Northeast Indiana control:
- 46% of the $7.2 billion hip replacement market
- 49% of the $8.7 billion knee replacement market
- 48% of the $9 billion spine surgery market
Medical Device Talent
- Indiana is home to more than 2,100 life science companies employing more than 56,000 state residents.
- The FWCS Career Academy serves Northeast Indiana, including 17 high schools, with a broad array of career and technical programs.
- There are more than 200,000 graduates from Tier 1 and Tier 2 universities within 200 miles of the region.
- Northeast Indiana has more than 9,100 jobs in the medical device industry.
Click here to download a PDF to learn more about doing business in the Orthopedic Capital of the World®.Download PDF
Source: Development Counsellors International (DCI), 2021
Source: Emsi 2021
A Value Chain of Benefits
There are logistical advantages and cost savings when joining Northeast Indiana’s medical device industry. In the Fort Wayne area, we have innovative firms that make up the medical device value chain. Our medical device value chain has a place for new business—your business. What is Northeast Indiana’s medical device industry capable of? Here is the full list:
- CNC machining
- Contract manufacturing
- Healthcare information technology
- Heat treating
- Injection molding
- Swiss turning
- Surgical lights
- Absorption medical nonwovens
Northeast Indiana supplies the following markets:
- Orthopedic implants
- Surgical instrumentation
- Implant cases
- Implant sterilization
- Medical-grade wire
- Injection molding and precision plastics
Innovation Through Entrepreneurship
As a region we are relentlessly reliable, standing on our conviction that through hard work and determination we can achieve virtually anything. It’s this mentality that has seen some of the nation’s greatest medical-technology advancements come to life here.
Our region recognizes innovation as a key driver of success in the medical device industry and embraces medical entrepreneurship. Read some of our region's success stories below:
- The OrthoWorx Innovation & Entrepreneurship Initiative facilitates the creation of an innovation pipeline, linking regional and state universities, researchers, clinicians and inventors to create new products, technologies, companies and services that drive the expansion of the orthopedic cluster. This initiative also seeks to foster entrepreneurship and create the resources required to encourage, create and support new-company formations.
- Regional innovation through entrepreneurship was key for Micropulse. Founded in 1988 in Columbia City, Micropulse manufactures implants, instruments and sterilization cases for the orthopedic and cardiovascular market.
- Fort Wayne-based company Fort Wayne Metals is an industry leader in the production of fine-grade medical wire. The company creates products for the orthopedic, vascular therapy, cardiac-rhythm management, endoscopy and orthodontic markets from biocompatible metals such as nitinol, titanium and other high-performance alloys.
- Drawing on more than two decades as an industry leader from its Canadian facility, Iotron Industries expanded to the U.S. market with the opening of its new state-of-the-art IMPELA® electron-beam processing facility in Columbia City in 2012. The $15.3 million facility provides contract sterilization, materials modification and microbial reduction for the orthopedic, medical device, agribusiness and commercial-defense industries.
- OrthoPediatrics is the only company focused exclusively on pediatric orthopedics and committed to the cause of improving the lives of children with orthopedic conditions. In the hands of skilled surgeons, their products can relieve the pain of children who are confined to a wheelchair, while enabling others to walk for the first time.
An Educated Workforce for the Future
Northeast Indiana not only supports businesses in our reliable and steady medical device industry, but we also focus on developing a pipeline of talent for employers. We know that as the workforce gains confidence and ability, it translates to energy and momentum that builds within the region and the industry.
OrthoWorx’s Education & Workforce Development Initiative enhances the local educational offerings to meet the academic needs of students and employers and to make the community more attractive for the recruitment and retention of employees.
Beyond OrthoWorx, our higher-education institutions fill the talent pipeline for this industry.
Just take a look at our training and higher-education institutions:
- Purdue University Fort Wayne offers a Bachelor of Science with a biomedical engineering concentration.
- Purdue University, located within two hours of Northeast Indiana, is a leader in undergraduate and graduate programs with the success of its Weldon School of Biomechanical Engineering.
- Ivy Tech Community College is the nation’s largest statewide community college and offers the Orthopedic Quality Standards and Technical Skills Certificate Program for students seeking advanced manufacturing skills development. The program is offered at the 20,000-square-foot Orthopedic and Advanced Manufacturing Training Center (OAMTC) for CNC machining in Warsaw.
- Trine University in Angola offers undergraduate programs in design engineering technology, chemical and bioprocess engineering, and a graduate program in biomedical engineering and biomaterials.
- Grace College, located just west of Northeast Indiana, was the nation’s first college to launch a graduate program in orthopedic regulatory and clinical affairs. It also offers numerous health science and engineering undergraduate programs.
- Indiana Tech’s undergraduate program in biomedical engineering focuses on mechanics and includes the use of electrical sensors for the brain-machine control interface and the development of simulation programs.
Content on this website was republished with permission from Orthoworld.
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