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HEALTH SCIENCES
From the Medical Mile to medical device manufacturing to pharmaceutical production, Greater Grand Rapids is a hub for health sciences. As the national population ages, there is, and will continue to be, an acute need for medical breakthroughs. New developments in gene therapies, cell-based therapies, digital health tools, and AI have set the stage for the next generation of health science technologies. Our region is primed to lead this wave by leveraging the existing health science ecosystem, integrated care infrastructure through pillar institutions, and talent pipeline that we have built in Greater Grand Rapids.
$21.2T $44.8T 2023 Market Value* 2032 Market Value* (projected)
*Market value refers to annual revenue.
Market Value of Key Sectors
937.36
Digital Health
348.5
2225.97
Biopharmaceuticals
1500
2432.78
Biotechnology
1200
1419.38
Medical Devices
810.4
0
500 1,000 1,500 2,000 2,500 3,000
Future Value (in Billions)
Market Size (in Billions)
Source: OCO Global
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