The biosciences are a diverse and often converging group of industries and activities with a common link – they apply knowledge to develop biological solutions that sustain, restore, and improve the quality of life for humans, plants, and animals in our world. From life-saving therapies and procedures, to healthier foods or cutting-edge research, you have undoubtedly enjoyed a better quality of life because of bioscience.
In the Ohio Bioscience Growth Report, for data related to economic metrics such as jobs, wages, and number of locations, the bioscience industry is defined by six subsectors: Agricultural Biotechnology, Medical & Testing Laboratories, Medical Device & Equipment Manufacturers, Medical Product Distribution, Pharmaceuticals & Therapeutics, and Research & Development. Details on how these are defined, based on industry NAICS codes, can be found here.
Additional analysis is provided on the Ohio bioscience supply chain, Health & Life Science IT, Healthcare Providers including Health and Medical Insurance Carriers, and the state’s robust bioscience-related educational institutions.
Bioscience Industry Sectors
Agricultural Biotechnology applies life science knowledge, biochemistry, and biotechnologies to the processing of agricultural goods, organic chemicals as well as biofuels and bio-based materials. Examples of products include: ethanol, biodiesel, bio-based polymers & chemicals, fertilizers, pesticides, herbicides, fungicides, biodegradable materials synthesized from plant-based feedstock, sustainable industrial oils and lubricants, biocatalysts, and feed additives and ingredients.
Medical & Testing Laboratories provide critical analytical and medical imaging services for healthcare providers, as well as drug development and analysis work for pharmaceutical companies and research organizations. Laboratories operate throughout Ohio, many as independent facilities and others as part of national health networks.
Medical Device & Equipment Manufacturers deliver a wide range of products including surgical supplies and instruments, orthopedic implants, hospital equipment, advanced diagnostic imaging systems, electromedical devices, mobility aids, laboratory equipment, and much more. Ranging from simple hand tools to highly complex, computerized devices, this sector utilizes materials and techniques that span the entire manufacturing sector.
Medical Product Distribution delivers finished products to healthcare providers and patients in the clinical, long term care, and residential settings. Durable medical equipment, mobility aids, respiratory equipment, medications, personal care supplies, home safety equipment, and other goods that enhance and maintain patients’ quality of life all enter the market through this sector.
Pharmaceuticals & Therapeutics represents companies developing and manufacturing medicinal, botanical, and biological products for both therapeutic and diagnostic applications. Pharmaceuticals can be found in a variety of forms, some being well established medicines available at pharmacies in every town and others at the highly experimental stage, just entering clinical trials on their way toward regulatory approval.
Research & Development organizations in Ohio work to advance new discoveries and translate research into products, treatments, and services. This sector includes a wide range of organizations and private companies that include contract research organizations, clinical trial facilities, as well as many start-ups and entrepreneurs. Bioscience research is thriving within academic institutions and health systems, with many groundbreaking concepts being developed by teachers, physicians and caregivers.
Bioscience Education Institutions can be found across Ohio, providing instruction at all levels from middle school through advanced degrees. Through intensive STEM education, specialized programs, industry partnerships, and especially the involvement of dedicated teachers, student interest in the biosciences continues to grow.
Healthcare & Life Science IT companies develop software and technology to expand the capabilities of the bioscience industry, reduce healthcare costs, and improve patient care across the state. BioOhio has identified four categories as focus areas within the field: Technology & Research, Medical Records, Patient Wellness, and Practice Management & Revenue.
Healthcare Providers are a key component of the state’s biomedical infrastructure. While offering both routine and lifesaving care, hospitals and providers around Ohio also participate in cutting edge research through clinical trials and laboratory research that enable new discoveries for patients around the world.
Health and Medical Insurance Carriers are a critical component to the patient-provider relationship by offering plans that cover or supplement patients’ dental, health, and medical expenses. Many insurers also offer wellness programs that encourage healthy lifestyles and reduce the need for medical procedures or readmissions.
Suppliers and Service Providers range from firms that provide key materials or ingredients to those that manufacture, assemble, package, and distribute products—including many that are ISO 13485 certified to manufacture medical devices and equipment. Service oriented companies include firms providing first class resources in the areas of regulatory and reimbursement, pre-clinical and clinical assessment, product design, quality assurance, engineering, sales and marketing, legal counsel, IT, training, and more.