Medical Device Manufacturers NAICS 339112, 339113

Sep 2, 2025 - Federal Appeals Court Rules Against Trump Administration Tariffs

• The US Court of Appeals for the Federal Circuit has ruled that President Trump overstepped his authority when he declared national emergencies to justify tariffs on many countries. Medical device manufacturers are likely to benefit if the cost of goods imported from countries that were hit with tariffs decrease. US law “bestows significant authority on the president to undertake a number of actions in response to a declared national emergency, but none of these actions explicitly include the power to impose tariffs, duties, or the like, or the power to tax”, the court said in the 7-4 ruling. Many of President Trump’s steep tariffs are “unbounded in scope, amount and duration”, the ruling added, and “assert an expansive authority that is beyond the express limitations” of the law his administration has cited. The court said that the ruling would not take effect until October 14. The Trump administration is expected to appeal the ruling to the US Supreme Court.
• Medical technology companies are expanding their US manufacturing presence, according to Modern Healthcare. Firms are investing millions — and in one case, billions — of dollars to boost capacity by adding facilities and expanding existing ones. Medical device maker Autocam Medical, for example, plans to build a $70 million assembly plant in Indiana. The company hopes to break ground on the 100,000-square-foot factory in August or September of 2025, with construction expected to take 18 to 25 months. The plant is expected to create up to 300 new jobs within three to four years.

• Medicare payments to Medicare Advantage plans are expected to increase an average of 3.7%, or over $16 billion in 2025, according to the Centers for Medicare & Medicaid Services. Medical device manufacturers are likely to benefit from the increase in expenditures. The finalized the Calendar Year 2025 Rate Announcement for Medicare Advantage is projected to result in payments of between $500 and $600 billion in Medicare Advantage payments to private health plans in 2025.
• Medical device manufacturing industry employment and averages wages for nonsupervisory employees increased slightly during the first six months of 2025, according to the US Bureau of Labor Statistics (BLS). Miscellaneous durable goods inventories, which include medical devices, remain significantly above pre-pandemic levels in mid-2025. The Producer Price Index for medical equipment & supplies manufacturers increased 1.85% year over year in July, according to the BLS.