Medical Device Manufacturers NAICS 339112, 339113

Oct 2, 2025 - Quantum-based Security Threats Loom

• Medical device manufactures are beginning to consider measures needed to protect medical data and connected devices from quantum-enabled security threats, according to Medical Design and Outsourcing. Today’s cryptography is considered secure because it would take a very long time for traditional binary computers to solve the complex mathematical equations used to encrypt information. The processing power of nascent quantum computers will perform these operations much faster to break current cryptography. The device industry has long development cycles due in part to strong regulatory oversight, so the transition to quantum-resistant post-quantum cryptography (PQC) must start now, according to Medical Design and Outsourcing. This means devices developed today should be PQC-ready by implementing approved post-quantum algorithms or by providing crypto-agility and allowing for future upgrades.
• 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 was unchanged and averages wages for nonsupervisory employees increased slightly during the first seven 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 early 2025. The Producer Price Index for medical equipment & supplies manufacturers increased 1. 77% year over year in August, according to the BLS.