BusinessJuly 10, 2026
medtech
/ˈmɛd.tɛk/
Definition
A portmanteau referring to the industry of medical technology, encompassing devices, software, and diagnostic tools used to improve healthcare outcomes.
Etymology
The word is a 20th-century portmanteau blending 'medical' and 'technology.' It reflects the modern trend of combining professional domains with the suffix of the enabling technology.
In the news
In this article, 'medtech' is used to categorize specific startups and firms that have secured significant venture capital investment. Its inclusion highlights the sector's growth and importance within the Arizona business landscape.
Arizona startups raise $434.7M in Q2 as megadeals dominate 87% of national deal flow
Read the full article ↗The Business Journals