Industries

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.