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The 2009 Venture Report

Cleveland:
The Nation's New Health Care
Innovation Destination

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Cleveland Medical Mart & Convention Center



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Cleveland Plus Health Care Region 


Cleveland anchors a vibrant health care region composed of recognized leaders in medical products, therapeutics, services, clinical care, research, and commercialization. The region includes:

  • Nearly 600 emerging and mid-market health care companies with diverse offerings including medical devices, biotechnology, pharmaceuticals, health care software & services
    • Several billion-dollar-plus companies and major divisions such as STERIS, Invacare, Philips Medical, Boehringer Ingeleheim MemberHealth, GE Medical Systems
    • Numerous mid-market and small companies across the health care spectrum: Click here to open health care company database.
  • World-class health care systems recognized for providing exceptional patient care and conducting leading-edge clinical research
    • Cleveland Clinic - #4 overall, Top 50 in all specialties
    • University Hospitals -Top 50 in 13 specialties
    • Summa Health System-Top 50 in 6 specialties
    • >550 clinical trials conducted in region annually
  • Research institutions developing innovative products and technologies
    • More than over $500 million in federal and industry awards in 2008 anchored by the Case Research Institute, Cleveland Clinic, and BioInnovation Institute in Akron
    • Accelerated by Ohio's Third Frontier Program which has provided more than $300 million in additional funding to start new centers of excellence in areas such as regenerative medicine, cardiovascular innovation, neurostimulation, and medical imaging
    • Bioscience research complemented by basic and applied research strengths in advanced materials, electronics and controls, and nanotechnologies
  • Over 230,000 health care and bioscience workers employed by the companies and clinical and research institutions
  • Over 3 million square feet of new bioscience research, clinical, and commercial space being built by Case Western Reserve University, University Hospitals, Cleveland Clinic, and Summa Health System
  • Bioscience degree and training programs that provide resources for collaboration and a pool of talent to companies

To learn more about Cleveland's health care community, visit the following links:

  • BioOhio, Ohio's bioscience industry association, publishes an annual magazine and report featuring Ohio's health care and bioscience strengths and performance. Additionally, BioOhio features on its web a comprehensive database of Ohio bioscience company information at www.bioohio.com.
  • Advance Northeast Ohio's efforts are focused in four areas: business growth and attraction, talent development, growth through racial & economic inclusion and government collaboration and efficiency. Learn more about Advance Northeast Ohio's efforts here.


Regional Health Care Company Database

BioEnterprise, in collaboration with BioOhio (Ohio's bioscience industry organization) and Team NEO (a regional business retention and attraction organization), has assembled a database of health care companies in the region. The database is accessible through BioOhio's Web site.

Click here to open the database.


 
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