Healthcare Innovation

Healthcare & Biomedical

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Greater Phoenix: A leader in healthcare innovation and biomedical advancement

Greater Phoenix is regionally competitive, and a national leader in the healthcare and biomedical industries. The region is a premier treatment destination and has made $3 billion in strategic investments in its emerging healthcare enterprise and research capabilities through 2021.

Source: Phoenix Business Journal

Premier Wellness Destination

By building healthier communities through innovative urban design and amenities, Greater Phoenix has become a top destination for healthcare innovation delivery.

Innovative Regional Collaboration

Research and clinical institutions in Greater Phoenix are making breakthroughs in translational research and healthcare delivery through healthcare innovation partnerships.

Expanding Workforce Pipeline

Greater Phoenix is expected to grow nearly 90,000 healthcare jobs in the next decade.

Source: EMSI 2020 Q1, (2020-2030)

Greater Phoenix: By the Numbers

30.1%

Projected employment growth in the healthcare & biomedical industries over the next decade is 30.1%, compared to 16.7% nationally

EMSI 2020 Q1

#12

Mayo Clinic Phoenix ranks as the 12th-best hospital in the nation & 41st-best in the world

Newsweek, World's Best Hospitals 2021

4400

There are more than 4,400 active clinical trials in Greater Phoenix.


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Healthcare innovation

Unique Opportunities for Clinical Trials

The Greater Phoenix region offers unique treatment, clinical trial advancement and practice options to companies evaluating new markets, as well as locating physicians, researchers and visiting patients. As a cooperative environment, the region demonstrates strong industry leadership and ongoing commitments to healthcare innovation.

As a result of strategic investments, Greater Phoenix is equipped with state-of-the-art research infrastructure and facilities. Leading research and clinical institutions in Greater Phoenix are making breakthroughs in translational research and healthcare delivery innovations through strategic partnerships.

The diverse population of the state and region provide unique opportunities for clinical trials in underrepresented populations, including the largest population of Native Americans nationally and a population that is 31.7% Hispanic.

Sources: US Census Bureau; Stacker

Healthcare Innovation

Ready to Grow

Phoenix is expected to grow 88,000 healthcare jobs in the next decade — more than healthcare innovation and biomedical hubs such as Minneapolis, San Francisco, and Seattle. The region offers a skilled, diverse workforce that is continuously fueled by globally recognized universities and community colleges. Institutions that prepare highly qualified graduates for in-demand disciplines within the healthcare and bioscience industries include A.T. Still University, Arizona State University, Grand Canyon University, Maricopa Community Colleges, Midwestern University, Northern Arizona University and the University of Arizona.

Source: EMSI 2020 Q1

Companies in Greater Phoenix

  • Healthcare Firms
  • Abrazo Healthcare
  • All Valley Home Health Care Nursing
  • Banner Health
  • Cancer Treatment Centers of America
  • DaVita
  • Dignity Health
  • Fresenius Medical Care
  • HonorHealth
  • Hospice of the Valley
  • Humana
  • Laboratory Sciences of Arizona
  • Life Care Centers of America
  • LifeStance Health
  • Mayo Clinic
  • Mountain Park Health Center
  • Phoenix Children’s Hospital
  • Sonora Quest Laboratories
  • Steward Health Care
  • Valleywise Health
  • Vitalant
  • Biosciences & Health Tech Firms
  • Abbott
  • Amnio Technology, LLC
  • Celgene Corporation
  • CyMedia Orthopedics
  • Exponent Engineering and Scientific Consulting
  • FSD Pharma
  • HealthTell
  • IMNA Solutions
  • Insys Therapeutics, Inc.
  • Medtronic
  • NeuroEM Therapeutics
  • Orchard Medical Consulting
  • Phoenix Analysis and Design Technologies
  • Pinnacle Pathology
  • Pinnacle Transplant Technologies
  • Proteor USA
  • Regenesis Biomedical
  • Stryker Sustainability Solutions, Inc.
  • Systems Imagination
  • Translational Drug Development (TD2)
  • Translational Genomics Research Institute (TGen)
  • Ulthera, Inc.
  • VisionGate
  • W.L. Gore
  • Zimmer Biomet
  • Zounds Hearing
Keith Stewart

“What’s not to like about the Phoenix area? It is clear that others such as ASU and TGen are very open to collaborate on research… It’s really exciting to know that these opportunities are right in your backyard.”

Keith Stewart, M.B., Ch.B., Chair of Arizona Research Operations Management Team at Mayo Clinic
Vivek Kopparthi's company, NeoLight, chose Greater Phoenix to be able to collaborate with ASU, Dignity Health and Honor Health

“It is an extremely exciting time to be part of hyper-developing ecosystem in Phoenix. At NeoLight, we collaborate closely with ASU, Dignity Health and Honor Health – all are massive systems that are pro-technology and pro-innovation. On top of that, Phoenix provides an incredibly supportive community believing in the potential of the entrepreneurs that call it home.”

Vivek Kopparthi, Co-founder and CEO, NeoLight

 

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