March 21, 2025- HIDA surveyed medical product manufacturers in August 2024 and February 2025 to determine the key factors driving decisions on where and how to manufacture medical products around the world. 45 percent of respondents rated government policy and tariffs as “Most Impactful” on locating manufacturing facility, up from 26 percent in August 2024, according to the HIDA survey.
44 percent of respondents manufacture the majority of their medical products in the United States, according to HIDA. Business considerations are also a primary focus, with economic factor rated the ‘most impactful on locating a manufacturing facility, with the ‘cost of production’ economic factor increasing from 87 percent to 100 percent in February of 2025.