Healthcare
Ohio’s healthcare mission: embrace innovation, improve care for all
Researchers, entrepreneurs and care professionals are triggering breakthroughs that enhance quality of life for patients worldwide.
Ohio’s healthcare industry has commanded worldwide attention for the innovative treatments developed in fields including heart disease, cancer and pediatrics. Researchers, care providers, entrepreneurs, investors, and health system executives have built momentum that is driving a collective mission: to trigger remarkable breakthroughs, treat hundreds of diseases and improve the quality of life of patients worldwide.
$883 Million
National Institutes of Health Awards
$750 Million
in Exits (Acquisitions, Licensing and Public Offering)
$85 Million
National Science Foundation Awards
Innovations in gene therapy at Nationwide Children’s Hospital in Columbus, cardiac care at the Cleveland Clinic and pediatric care at Cincinnati Children’s Hospital are contributing to a sector that is attracting world-class researchers, entrepreneurs and investors. Cutting edge medical devices and health-tech companies are emerging in Ohio while international companies are choosing to expand in the state to develop and commercialize healthcare solutions.
Ohio’s healthcare industry:
- Consists of more than 4,100 bioscience companies.
- Features a growing talent pool of about 80,000 bioscience employees, excluding healthcare providers.
- Is attracting a growing number of bioscience students from Ohio schools, with more than 10,000 graduates in 2017, a 30% increase from 2010 levels.
- Attracted $562 million in capital investments (second in the Midwest) in 2018, according to the BioEnterprise Midwest Capital report.
- Led all Midwest states with 121 biomedical companies receiving investments in 2018. Ohio’s total was 28% of all Midwest companies.
- Includes 14 top-ranked hospital systems in the country, according to U.S. News & World Report. Among the top-ranked systems are:
- Cleveland Clinic, #2 General Hospital
- Cincinnati Children’s, #2 Children’s Hospital
- Nationwide Children’s, #7 Children’s Hospital
Expediting commercialization requires entrepreneurial spirit, capital, talent and commitment. Ohio’s healthcare industry excels in all four areas, making the state one of the world’s top locations for healthcare business development and biomedical innovation.
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- #2 Overall Best Hospital (U.S. News 2018-19)
- #1 Cardiology, Heart Surgery and Urology
- 10 Specialties in Top 5 Nationally
- 220 NIH Awards Annually (Over $100 Million)
- Top 25 Ranking for Both Medical and Biomedical Engineering Schools
- #5 Electrophysiology Program
- Nation’s First Center for Heart Failure and Arrhythmia
- NCI-Designated Comprehensive Cancer Center
- #3 Medical School Pediatrics Program
- #2 Most NIH Funding for Emergency Medicine Research
- #3 Best Children’s Hospital in the U.S.
- Nationally Ranked in 10 Specialties
- 7 Specialties in Top 5 Nationally
- #2 NIH-Funded Pediatric Research Nationally
- #7 Best Children’s Hospital in the U.S.
- 6 Specialties in Top 10 Nationally
- #6 NIH-Funded Pediatric Research Nationally
Investment Support
JobsOhio offers a variety of performance-based incentives to assist companies that are starting, relocating or expanding operations in the state. This funding can support workforce development, research and development, revitalization and other elements to help you grow your business in Ohio.
JobsOhio offers multiple initiatives related to site and building development. From readily available sites to assistance for site upgrades, find the support you need to choose a location, customize the facility and begin operations.
Ohio's Gene Therapy Ecosystem
In the past two decades, Ohio has developed an environment that supports, encourages and drives cutting-edge gene therapy research and commercialization. Today, that ecosystem, anchored by Nationwide Children's Hospital and the Ohio State University, is among the nation’s leaders in generating startups and attracting investment and global industry attention.
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Healthcare Across Ohio
Ohio has a wide variety of research, laboratory, distribution, IT and consumer product companies located across the state. Use the interactive map below to learn more about the breadth of healthcare companies that call Ohio home.
Andelyn Biosciences Establishes Commercial-Scale Gene Therapy Manufacturing Facility in Ohio
Andelyn Biosciences, a clinical manufacturer of materials for Phase 1, 2, and 3 gene therapy clinical studies for global biotechnology and pharmaceutical industries, was born out of Nationwide Children’s Hospital in Central Ohio. Andelyn Biosciences has chosen to establish a new gene therapy contract development and manufacturing organization in Columbus, which has become a hub of gene therapy innovation.
Invacare Grows at Its Northeast Ohio Headquarters
Invacare, a global leader in the manufacture and distribution of innovative home and long-term care medical products, plans to grow at its headquarters in Elyria with the expansion of a new oxygen concentrator to address rising global demand for respiratory equipment.
Two Labs Will Nearly Double Headcount in Ohio
Two Labs, a central Ohio-based company that provides a range of services for pharmaceutical manufacturers, services customers across the U.S. from Ohio. Looking to expand its reach, Two Labs will grow in Ohio, nearly doubling its number of employees.
Mix Talent Expands Ohio Headquarters to Expand Client Base and Reduce Costs
Mix Talent — a fast-growing talent acquisition and consulting firm that specializes in serving high-value clients in the biotech and healthcare industries —sought to establish a centralized U.S. hub. The company has experienced the benefits of having its headquarters in Ohio including rapidly acquiring market share and lower operational costs.
Sarepta Therapeutics to Establish Gene Therapy Center of Excellence in Ohio
Sarepta Therapeutics Inc., the leader in precision genetic medicine for rare diseases, sought to establish a Gene Therapy Center of Excellence for research to develop treatments for rare neuromuscular diseases. The company will invest $32 million to build the center in Columbus, Ohio, near its long-standing partner, Nationwide Children’s Hospital.
J&B Medical Aims to Impact Future of Healthcare Through Ohio Investment
J&B Medical, one of the fastest growing and most successful medical distribution companies in the world, wants to capitalize on northwest Ohio’s revitalization. With the support of economic development partnerships and JobsOhio’s Talent Acquisition Services, J&B Medical will significantly increase its workforce while investing in Ohio.
The Research Institute at Nationwide Children’s Hospital Spins Off Groundbreaking Gene Therapy Companies
Nationwide Children’s Hospital is one of the best pediatric hospitals in the U.S. Its research institute has also made it synonymous with leadership in gene therapy. The Research Institute at Nationwide Children’s Hospital has become an epicenter of new discoveries and startups that make a real difference for patients.
Ohio Companies Led the Midwest in Healthcare Deals in 2018, BioEnterprise Reports
According to the BioEnterprise 2018 Midwest Healthcare Growth Capital Report,investments in Ohio healthcare companies continue to outpace investments in other Midwest states.