Healthcare

Ohio is a global center for innovation in biotechnology and medicine, with renowned hospitals, nationally ranked academic and research centers, and established and early stage companies that are changing the way health care is diagnosed and delivered.

Key facts

  • More than 3,100 healthcare-related organizations operate in Ohio.
  • 75,000 employees work in Ohio's healthcare industry (not including hospitals).
  • The healthcare manufacturing cluster has a combined output of about $3 billion.
  • Capital expenditures by healthcare manufacturers here top $300 million, primarily for pharmaceuticals and medicines and medical equipment and supplies.
  • 16 of the top 233 U.S. hospitals are located in Ohio.
  • 90 percent of U.S. pharmaceuticals are distributed through Ohio.
  • Ohio is home to establishments from three of the largest pharmaceutical distributors: AmerisourceBergen, McKesson, and Cardinal Health. These distributors account for up to 90% of pharmaceutical distribution in the U.S.

National position

  • Third for biomedical investments in the Midwest
  • Seventh in number of medical research consortiums
  • 16 percent of all U.S. clinical trials
  • 10th for pharmaceutical preparations

Major players

  • Cleveland Clinic and Cincinnati Children's Hospital Medical Center lead a long list of top-ranked adult and pediatric medical centers.
  • Large medical device and pharmaceutical manufacturing organizations include Abbott Labs, Cardinal Health, Johnson & Johnson's Ethicon and Steris.
  • Ohio Third Frontier invests $100 million per year in emerging healthcare companies.
  • Ohio's seven medical colleges conduct fundamental and applied research.

Top employers

  • Cleveland Clinic - 49,050 (second largest private-sector employer, after Wal-Mart)
  • Mercy Health - 32,035
  • University Hospitals - 26,000
  • Ohio Health - 22,340

Recent trends

  • Ohio has added more than 9,200 new jobs in the healthcare industry from 2011 to 2017, outpacing both regional and national growth rates.
  • Plug and Play chose Ohio for its first U.S.-based accelerator focused on biotech.
  • An emerging health tech specialty here focuses on using technology to improve health care delivery and costs and includes companies such as CoverMyMeds and IBM/Explorys.

 

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