Startup Outlook 2013

Unintended Consequences of the Medical Device TaxNew medical devices improve patient outcomes, reduce costs, create jobs and contribute to a healthier US economy and balance of trade. For nearly a decade, rising regulatory costs, delays and uncertainty have made it harder for medical device companies to succeed. The Medical Device Tax that went into effect on January 1, 2013 is compounding other challenges that threaten US leadership in medical device innovation.

svb.com/startup-outlook-report/

Expand overseas versus domestically

Shift resources away from growth

Reduce staff /hire less

Try to raise additional capital

Pass costs to customers

Invest less in R&D

38%

23%

34%

28%23%

23%

Nearly 100 medical device startups told us how they will respond

to the medical device tax.