Publications & Research

Medical Imaging Technology Industry Supports Nearly 12,000 Jobs and Generates Over $2.5 Billion in Total Economic Activity in Pennsylvania

Washington, D.C. – The Medical Imaging & Technology Alliance (MITA), a division of National Electrical Manufacturers Association (NEMA), today announced that the medical imaging technology industry supports an estimated 11,746 jobs and generates approximately $2.83 billion in total economic activity in Pennsylvania, with an additional 5,100 direct and indirect jobs elsewhere in the United States, according to a new economic impact analysis commissioned by the organization.

“This research illustrates the tremendous economic impact of the medical imaging technology industry in Pennsylvania,” said NEMA President and CEO Kevin J. Cosgriff. “Medical imaging jobs are important throughout the Commonwealth as these jobs pay on average more than $100,000 annually in wages and benefits. They are a key part of the tax base of many Pennsylvania localities. Unfortunately, by diverting resources that could otherwise be applied towards the development of new technologies, the medical device excise tax is an ongoing threat to this booming industry sector. We are grateful for the support of Congressmen Chaka Fattah and Brendan Boyle, whose districts support nearly 2,000 jobs linked to the medical imaging sector, for their support of device tax repeal in the House, along with other Pennsylvania lawmakers who have endorsed policies that promote economic growth and medical innovation.”

The analysis evaluated the direct impact of the manufacture and use of medical imaging equipment and technology in Pennsylvania, the impact of activity generated by suppliers to the industry, and the impact induced by the spending of industry and supplier employees. It found the production of medical imaging technology and its use in hospitals and other medical facilities yields over $1.6 billion in direct economic output in the state. Additionally, the people and firms involved in the industry provide about $404 million in revenues to the federal, state and local governments, of which about $74 million go to state and local Pennsylvania governments.

“Medical imaging plays a crucial role in human health and contributes in significant – and ever more important ways – to our nation’s economic strength and global competitiveness,” said Mary Woolley, President and CEO of Research!America. “As this report makes clear, Pennsylvania is helping to grow this important industry. Fueling 12,000 jobs, $970 million in wages, and more than $2.8 billion in economic activity, Pennsylvania’s medical imaging technology companies are not only boosting economic progress, they are driving medical progress.”

The jobs directly created by the industry have average wages and benefits of over $101,000, while those supplying goods and services have average wages topping $74,600 per year. Manufacturers in Pennsylvania are leading the development of many innovative medical imaging devices, including diagnostic tools for detecting, diagnosing and monitoring cancer and other diseases, which have been shown to improve health outcomes and lower long-term health costs.

The analysis was conducted by John Dunham and Associates using data provided by Dun & Bradstreet, Inc., industry sources and the Pennsylvania state government. It utilizes an economic modeling framework known as IMPLAN, which is based on the national income accounts generated by the US Department of Commerce.

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The Medical Imaging & Technology Alliance (MITA), a division of NEMA, is the collective voice of medical imaging equipment, radiation therapy and radiopharmaceutical manufacturers, innovators and product developers. It represents companies whose sales comprise more than 90 percent of the global market for medical imaging technology. For more information, visit www.medicalimaging.org. Follow MITA on Twitter @MITAToday.