MassMEDIC

What MassMEDIC does

MassMEDIC (Massachusetts Medical Device Industry Council) is a regional 501(c)(6) nonprofit trade association founded in 1995 and headquartered in Brookline, Massachusetts. The organization serves as the central convening body for the New England medical device ecosystem, representing nearly 400 member companies that span medical device manufacturers (Medtronic, Boston Scientific, Abbott, Hologic, Philips, TransMedics), component suppliers and service providers (Qosina, IQVIA, Mintz, Cambridge Consultants, Intertek), and research institutions and academic health centers. Its core products include the MedTech IGNITE Accelerator Program — a three-month hybrid accelerator that has supported 50 startups from 7 countries since its 2019 relaunch with alumni raising over $150 million collectively — alongside signature events such as the Medtech Impact Symposium & Gala, the Women in MedTech Forum, the RPP (Regulatory, Payment and Policy) Conference, and the Innovation Salon series.

The association operates four value pillars: Connection (networking with regional medtech leaders), Education (virtual content and event discounts), Awareness (member directory and visibility opportunities), and Advocacy (a unified voice on Beacon Hill and Capitol Hill). Additional member resources include the MassMEDICEdge group purchasing program (expanded in partnership with MassBio in February 2023), the online member directory, a job portal, and the Why Medtech workforce development campaign launched in 2022 in partnership with the Massachusetts Life Sciences Center. The underlying technology is limited to its digital platforms (massmedic.com, business.massmedic.com, whymedtech.com, massmedic.edgesavings.co); MassMEDIC does not develop proprietary technology products.

The business model is membership-based: revenue is generated primarily through recurring membership dues from medtech manufacturers, suppliers, research institutions, and academic health centers, supplemented by event registration fees and corporate sponsorships from medtech companies and service providers. Membership is acquired through direct engagement by a small staff (President Brian Johnson, COO Rachel Robinson, Director of Community Engagement Kayla Fasken, Director of Marketing and Communications Nichole Owens), with board-driven referrals from executives at leading member companies. Pricing is not publicly disclosed for membership dues, while individual event tickets are priced at $75-$200 with member/non-member differentials.

Name

MassMEDIC

Legal name

Massachusetts Medical Device Industry Council

Website

https://massmedic.com

Company type

Private

Founded year

1995

Operating status

Operating

Headcount range

1–10 employees

Short description

MassMEDIC is a regional nonprofit trade association serving nearly 400 medical device manufacturers, suppliers, and research institutions across New England through membership programs, the IGNITE startup accelerator, signature industry events, advocacy, and a group purchasing program.

Ownership category

akta.pro rank

Headquarters

HQ city

Boston

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Others

Revenue model

1. Membership Dues: MassMEDIC generates revenue primarily through membership dues paid by medtech manufacturers, suppliers, research institutions, and academic health centers in the New England region. The organization has grown to nearly 400 members and promotes member interests through advocacy, education, and community programs.
2. Event Fees and Sponsorships: Revenue is also generated through registration fees for signature events (Medtech Impact Symposium & Gala, Women in MedTech forums, IGNITE accelerator programming, Innovation Salons, workshops) and corporate sponsorships from medtech companies and service providers.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels8 records

Core offering

MassMEDIC is a regional trade association that represents nearly 400 medical device manufacturers, suppliers, research institutions, and academic health centers in New England. The organization delivers membership-based services including policy advocacy, networking events, educational programming, and the IGNITE medtech startup accelerator, while also operating the MassMEDICEdge group purchasing program for member cost savings. Revenue is generated primarily through membership dues, event registration fees, and corporate sponsorships.

Product overview

MassMEDIC (Massachusetts Medical Device Industry Council) is a regional trade association serving the New England medtech ecosystem. Rather than a single product, MassMEDIC offers a portfolio of programs and services including the MedTech IGNITE Accelerator Program (a three-month intensive mentorship and training program for early-stage medtech startups), signature events (MedTech Impact Symposium & Gala, Women in MedTech Forum, RPP Conference, Innovation Salon), member resources (Directory, Job Portal, Reports, Member Hub), workforce development initiatives (Why Medtech Campaign), and group purchasing benefits (MassMEDICEdge). The organization advocates for nearly 400 member companies on policy matters and supports the growth of the medtech ecosystem through education, networking, and startup acceleration.

Differentiator

Problem solved

Functional benefit

Products and services

• MedTech IGNITE Accelerator Program A three-month intensive hybrid accelerator program for early-stage medtech founders (pre-seed to seed stage, typically having raised $2M or less) developing FDA-regulated medical devices. Offers mentorship, master classes, pitch support, and networking with industry leaders. The program has produced 50 startups since 2019 whose alumni have collectively raised over $150M.
• MedTech Impact Symposium & Gala Annual signature event convening industry leaders to discuss innovation, access to care, and the future of medical technology. Features an evening gala with Impact Awards recognizing industry leaders (e.g., 2024 honoree Michael Minogue, CEO of Abiomed/J&J). Used by member companies for visibility, networking, and recognition.
• Women in MedTech Networking & Leadership Forum Networking forum providing opportunities that inspire, engage, mentor and connect women at every stage of their professional career from all areas of the New England medtech ecosystem. Member rate $75; non-member rate $150 per event.
• RPP Conference (Regulatory, Payment and Policy) Annual conference addressing regulatory affairs, payment issues, and healthcare policy affecting the medtech industry. Provides regulatory and policy education to member companies and stakeholders.
• The Innovation Salon Live conversation series showcasing the personal stories behind medical innovations and entrepreneurs, featuring interviews with medtech entrepreneurs and leaders. Member rate $100; non-member rate $200 per event.
• MassMEDICEdge Group Buying Program Group discount buying program offering medtech and healthtech companies exclusive savings on insurance, lab supplies, and other business services. Created in partnership with MassBio to leverage combined membership scale.
• MassMEDIC Member Directory Online searchable directory of MassMEDIC member companies organized by categories including medical device manufacturing, biotechnology, digital health, drug delivery, regulatory affairs, and venture capital. Enables members to find and connect with suppliers and partners across the New England medtech ecosystem.

Quantifiable outcome

• IGNITE alumni have collectively raised $150M+ since the program relaunched in 2019
• +3 more outcomes

Named customers25 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Nine partnerships are on record, tiered minor and core.

• Women's Health Innovation Series (WHIS)minorGTM or Marketing Partner · 25 July 2024MassMEDIC announced a strategic partnership with the Women's Health Innovation Series, creators of the Women's Health Innovation Summit USA. The partnership is designed to elevate medtech thought leadership exposure and strengthen commitment to inclusion globally.
• MassBiocoreStrategic or Co-development Partner · 28 February 2023MassMEDIC and MassBio partnered to deliver the MassMEDICEdge expanded savings program to medtech and healthtech members, offering exclusive discounts on insurance, lab supplies, and other business services. This partnership leverages MassBio's scale to benefit the combined membership base of both organizations.
• TriNetcoreImplementation/ SI/ Consulting Partner · 8 June 2020MassMEDIC partnered with TriNet, a leading provider of full-service HR solutions for SMBs, to offer MassMEDIC members preferred pricing and access to HR resources including R&D tax credit programs, return-to-workplace best practices, payroll, benefits, risk mitigation, and compliance. The organizations also co-produce webinars to help member companies accelerate growth.
• Regulatory & Quality Solutions (R&Q)minorStrategic or Co-development PartnerR&Q partnered with MassMEDIC to present an Advanced EU MDR and CER Workshop in Boston, providing expert-led regulatory training for medical device company employees. The partnership leverages R&Q's regulatory expertise to deliver continuing education to MassMEDIC members.
• Continuum (EPAM)minorGTM or Marketing PartnerContinuum served as a co-sponsor for the MassMEDIC Innovation Salon series, hosting the launch event at its headquarters in Boston's Seaport Innovation District. The partnership elevated the Innovation Salon as a premier event showcasing medtech entrepreneurs.
• The Mullings GroupminorGTM or Marketing PartnerThe Mullings Group co-sponsored the MassMEDIC Innovation Salon series, contributing to the event's programming and promotion as a media partner focused on medtech executive recruitment and industry visibility.
• The MedTech Conference (AdvaMed)minorGTM or Marketing PartnerThe MedTech Conference (powered by AdvaMed) co-sponsored the MassMEDIC Innovation Salon series. MassMEDIC also served as a host organization for the 2019 MedTech Conference in Boston, which attracted over 3,000 global attendees.
• DeviceTalks / WTWH Media / MassDevice.comminorGTM or Marketing PartnerMassMEDIC partnered with DeviceTalks for the MassMEDIC MedTech Showcase at DeviceTalks Boston, bringing together engineering, product development, and commercialization professionals. The partnership gives IGNITE cohort companies visibility through the Investor Showcase and Start-Up Stadium.
• Massachusetts Life Sciences Emergency Supply Hub (COVID-19)minorStrategic or Co-development PartnerDuring the COVID-19 pandemic, MassMEDIC joined with MassBio, Massachusetts Health and Hospital Association, Conference of Boston Teaching Hospitals, and state government to launch the Massachusetts Life Sciences Emergency Supply Hub, coordinating donations of PPE, lab supplies, and medical expertise to healthcare institutions.

Scale indicators9 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• AdvaMed: AdvaMed is the largest national medical device trade association in the U.S., running federal advocacy and the flagship MedTech Conference. It is comparable to MassMEDIC as a medical device industry association with overlapping membership and programming, but operates at national scale rather than regional.

Direct peers

• MassBio: MassBio is the Massachusetts life sciences trade association, directly comparable as a regional industry body in the same geography with overlapping membership (manufacturers, suppliers, academic institutions). MassMEDIC and MassBio have a formal partnership extending the MassMEDICEdge group buying program, underscoring their parallel structures.
• Medical Device Manufacturers Association (MDMA): MDMA is a national trade association representing medical device innovators and manufacturers, with a focus on regulatory and reimbursement advocacy. It is comparable as a medical device-specific association with overlapping membership in early-stage and mid-market medtech companies.

Emerging players

• MedTech Innovator: MedTech Innovator is the largest medical device accelerator in the U.S., running a global competition and showcase. It is comparable to MassMEDIC's IGNITE program as a medtech startup pipeline, and is a regular award partner for IGNITE alumni (e.g., Alva Health 2021 Global Winner, Phiex Technologies 2022 Grand Prize).
• MedTech Color: MedTech Color is a nonprofit advancing the representation of people of color in the medical device industry. It is comparable as a medtech industry association with a workforce and community focus, and intersects with MassMEDIC's diversity and inclusion programming (e.g., Women in MedTech).

Regional players

• California Life Sciences (CLS): CLS is the largest life sciences trade association in California, with a comparable regional industry association model (advocacy, programming, networking) for the West Coast cluster. It parallels MassMEDIC's role at the center of a major U.S. medtech/biotech cluster.
• BioOhio: BioOhio is a state-level life sciences trade association in Ohio, with a similar model of advocacy, networking, and programming for a regional bioscience cluster. It is a structural peer as a state-level industry association, though Ohio's cluster is less medtech-concentrated than Massachusetts.
• Life Science Washington: Life Science Washington is a Washington state-based life sciences trade association providing advocacy, education, and networking. It is comparable as a regional industry association model, but focused on a different geographic cluster.
• BioForward Wisconsin: BioForward Wisconsin is a state-level biohealth trade association in Wisconsin, with a comparable model of regional industry advocacy, networking, and workforce development. It parallels MassMEDIC's role as a state-level convener for the biohealth/medtech cluster.
• Life Sciences Pennsylvania (LSPA): LSPA is a statewide trade association for the life sciences industry in Pennsylvania, offering advocacy, networking, and education. It is comparable as a regional industry association model serving a different U.S. cluster with similar programming pillars.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xtwitter.com/MassMEDICouncil
• YouTubeyoutube.com/channel/UC062qsT3YwlHC5_wOjDmUqg
• LinkedInlinkedin.com/company/massmedic
• Facebookfacebook.com/profile.php

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about MassMEDIC