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Definition: medtech

(MEDical TECHnology) An umbrella term for the medical industry in today's high-tech world. Organizations in the field also use the name; for example, NYC Medtech is a medical forum in New York City (www.nycmedtech.info); MedTech is an association of medical companies in New York State (www.medtech.org), and the Med Tech Clinical Lab is located in New Jersey (www.medtechlab.com). See biotechnology.