The medical supply industry is growing in many parts of the country, particularly Massachusetts, which just saw its exports of such equipment grow rapidly.
A report compiled by consulting firm Deloitte & Touche found that medical supply exports from the Bay State make up 10 percent of all U.S. equipment sold around the world, according to the Boston Globe. In addition, such exports have grown twice as fast as exports of other goods in Massachusetts.
Tom Summer, the president of the Massachusetts Medical Device Council, said that the medical supply companies "are still creating hundreds of jobs, and the trend line for the future looks even brighter as we come further out of the global recession," reports the news source.
The medical supply industry is thriving in other parts of the country as well. Southern Home Medical Equipment, Inc. recently announced that two of its franchises in Pennsylvania and South Carolina have experienced significant growth.
With the Encore franchise model and a base of new business opportunities, we are pleased to report that our business has established new revenue records in each month of 2011. And, April represented a revenue increase over March of more than 40 percent," Dr. Stuart Lakernick with the firm said.