Healthcare & Biotechnology
Invested in saving lives. Advancing the future of healthcare.
Bench-to-bedside strength to support biomedical innovation.
From 2007 to 2019, output for healthcare in the Northeast Ohio Region grew nearly 20%, or $3.8 billion, to become the second largest sector of the regional economy. The rapid growth of the biohealth industry in the Northeast Ohio Region is fueled by innovative regional collaborations, a diverse range of sources for funding companies, and major biomedical real estate projects, including the Global Center for Health Innovation.
More than $2.3 billion has been invested in 400-plus Northeast Ohio startups since 2003. That investment, coupled with access to world-class facilities and personnel, make this region a hotbed for innovation and invention. Companies succeed in the Northeast Ohio Region because the market offers greater efficiencies and provides increased speed to development, increased speed to commercialization, and therefore, increased speed to market.
Beyond that, what makes Northeast Ohio one of the most predominant biomedical centers in the nation is the ability to take an idea from “bench to bedside” in one market. From research, to manufacturing, to access to the patient population – even cybersecurity support for telehealth – the Northeast Ohio Region offers unparalleled opportunities to any company at any stage or specialty in the biomedical industry.
A healthy ecosystem for biomedical business
Home of the world’s #2 ranked hospital, the Northeast Ohio Region also offers a robust community of biomedical businesses and talent.
700 biomed businesses in the Northeast Ohio Region
270,000 biomedical and healthcare workers in the Northeast Ohio Region
Cleveland ranks 4th in the Midwest for attracting investment for medical start-ups
21% growth in healthcare occupations from 2001 to 2019
North Jackson – McCluggage
A rectangle-shaped 92-acre site on three parcels for sale by a private owner, this property is half wooded and half farm land. Currently zoned as agricultural, the site sits along a divided access road between two industrial areas.
Nelson Sand & Gravel
The Nelson Sand & Gravel site, located halfway between Cleveland, OH and Erie, PA, is approximately 94 acres that can be subdivided as needed and is owned by a single owner.
Louisville Industrial Park
This site was home to the former Chesapeake/Encino Energy Corp office. It has over 170 contiguous, developable acres expandable up to 261 acres.
JAB Property, Ashtabula
The JAB property, located on just over 80 acres of publicly owned land in Ashtabula, is a prime site for industrial development.
Cuyahoga Valley Industrial Center
The Cuyahoga Valley Industrial Center is adjacent to I-77.
Colleges, universities, and education providers offering healthcare & biotechnology related areas of study.
Healthcare & Biotechnology Workforce Data
Top 10 Healthcare & Biotechnology Employers in Northeast Ohio
|The MetroHealth System||6,948|
|Aultman Health Foundation||5,667|
|Akron Children’s Hospital||5,344|
|Charles River Laboratories||1,321|
Top 10 Healthcare & Biotechnology Occupations in Northeast Ohio
|Occupation||Employed in Industry|
|Customer Service Representatives||1,490|
|Miscellaneous Assemblers and Fabricators||794|
|Sales Representatives, Wholesale and Manufacturing, Except Technical and Scientific Products||787|
|Inspectors, Testers, Sorters, Samplers, and Weighers||701|
|Software Developers and Software Quality Assurance Analysts and Testers||551|
|Dental Laboratory Technicians||543|
|Sales Representatives, Wholesale and Manufacturing, Technical and Scientific Products|
|General and Operations Managers|
|Project Management Specialists and Business Operations Specialists, All Other|
|Clinical Laboratory Technologists and Technicians|
Lumitex experienced critical shortages in its supply chain due to disruption by the Covid-19 pandemic.