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The Value of Bioscience Innovation in Growing Jobs and
Improving Quality of Life 2018

This eighth, biennial report focuses on the economic progress and footprint of the industry geographically including the performance, positioning and latest trends in the bioscience industry for the nation, states and metropolitan areas. For the first time, it includes a national assessment of the full economic impact of the bioscience industry not only in terms of employment, but also with respect to economic output and fiscal impacts. In addition, the report details the nation’s academic research activities and trends in federal funding, access to critical angel and venture capital and the innovation outputs context via patent activities.

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Industry Data

Bioscience Industry Employment

Bioscience Industry Establishments

Total Bioscience Industry, Average Annual Wage Total Private Sector, Average Annual Wage

NIH Funding, FY 2017 - Funding ($ thousands)

Venture Capital Investments, 2014-17 ($ millions)

Feedstock and Industrial Biosciences

Bioscience-Related Distribution

Drugs and Pharmaceuticals

Medical Devices and Equipment

Research, Testing, and Medical Laboratories

Feedstock and Industrial Biosciences

Bioscience-Related Distribution

Drugs and Pharmaceuticals

Medical Devices and Equipment

Research, Testing, and Medical Laboratories

Feedstock and Industrial Biosciences

Bioscience-Related Distribution

Drugs and Pharmaceuticals

Medical Devices and Equipment

Research, Testing, and Medical Laboratories