Indiana As A Health Science Hub
|Indiana stands proudly as one of the top four life science clusters in the United States and is home to a large, highly specialized, and diverse health science industry. Indiana is one of only two states with a specialized employment concentration in four of the five major subsectors of the bioscience industry; the breadth and depth of expertise found here extends Indiana’s reputation around the globe. We are unique in that the pillars of our life science community – companies like Eli Lilly and Co., Cook Medical, Dow AgroSciences, Elanco, and Roche Diagnostics – are not direct competitors, leading to the creation of a collaborative, supportive, interactive, and dynamic community that operates at the highest international standards and capacities. Add in the world’s largest orthopedic cluster in Warsaw, Indiana – homes to Biomet, Zimmer, DePuy, Medtronic and the host of specialized companies that support the sector – and you have a single community that represents over one-third of the $38 billion global orthopedic market. Indiana truly makes a strong case for being considered the BioCrossroads of America. |
Iotron Industries, Columbia City
Ivy Tech Center for Life Sciences, Bloomington
|Strong clusters require the active engagement and commitment of the academic research community and Indiana is no exception. The research powerhouses of Indiana University, Purdue University and the University of Notre Dame are brought together through an $80 million investment in the state’s NIH funded Clinical and Translational Sciences Institute. The Indiana CTSI is housed in Indianapolis adjacent to the administrative offices of the IU School of Medicine, the second largest research medical school in the country. Building even more upon this research strength is the recently announced Indiana BioScience Research Institute – a public-private partnership to fund a research organization focused on therapies for all aspects|
|of metabolic disease. The latest addition to the medical research scene comes from Marian University in Indianapolis. In 2013 Marian admitted the first class of 150 students to its newly opened College of Osteopathic Medicine and has attracted numerous new faculty with diverse research interests. Rose-Hulman Institute of Technology in Terre Haute has been voted the #1 undergraduate engineering school in the country for 17 years running and boasts one of the top, nationally recognized schools of biomedical engineering. Add in a strong community college system led by the statewide network of Ivy Tech Community Colleges and access to a skilled, experienced, agile, workforce is at your fingertips.|
Indiana is also a national leader in digital health and home to a growing community of health IT, software development, and cloud-based computing companies. The Indiana Health Information Exchange (IHIE) is the nation’s largest health information exchange, providing a secure and robust statewide health information technology network that connects over 90 hospitals, long-term care facilities, rehabilitation centers, community health clinics and other healthcare providers in Indiana. IHIE serves as a national model for health information exchanges. Indiana is also home to the nation’s oldest and most productive research organization, the Regenstrief Institute, an internationally recognized informatics and healthcare research organization dedicated to the improvement of health through research that enhances the quality and cost-effectiveness of health care.
| ||While the state’s expertise ranges across some 1200+ companies, there are several sectors where Indiana particularly excels Cancer, Neuroscience, Diagnostics, Cardiovascular Disease, and Analytical Instrumentation lead our strengths. Add in the already mentioned Orthopedics and Digital Health sectors and you'll find a strong, diverse, and globally competitive industry that can take your product from conception to market. Whether you are looking for a new manufacturing location, suppliers to strengthen or diversify your supply chain, or an opportunity to connect with the latest in health science research, Indiana offers the full spectrum of companies and service providers to support your business growth. |
In fact, Indiana's life sciences sector has a $59 billion impact on Indiana’s economy. With $9.8 billion in exports, we are the second largest medical exporter in the country. The health science industry directly employs over 58,000 people and pays an average wage of $90,589. View more statistics
Indiana ranks fourth in the nation for its concentration of jobs in advanced industries. The high-growth industries employ more than 11 percent of the state’s workforce, according to a study released in February 2015 by the Brookings Institution. The study, America’s Advanced Industries: Why They Are, Where They Are and Why They Matter, reports that 344,400 Hoosiers, or 11.4 percent of the state’s workforce, were employed in advanced industries in 2013. Indiana is one of only two states in the Midwest and seven states nationally with a share of advanced industry employment exceeding 10 percent.
For additional information, data, and reports, please visit our data and statistics page for copies of recent reports and findings about Indiana's health science sector.
|The Indiana Health Industry Forum is pleased to serve as a liaison between the global health science community, Indiana companies, state government, and our members in economic development. For more information, please contact IHIF.|
Sites Medical recently announced announced plans to add nearly four dozen new workers by 2017 as part of an expansion. The medical device manufacturer intends to pump nearly $2 million into upgrades, new services and equipment at a Columbia City facility. Chief Executive Officer Greg Stalcup says Whitley County's "great culture and talented work force" have enabled the company to grow. He says support from the state, county and city led to today's announcement. LISTEN to his comments in this interview with Inside Indiana Business.
For a short list of other successful recent economic development projects - click here
Old State Capitol, Corydon
190 Acre Business Park, Corydon
NHRA Nationals, Brownsburg