Biomedical and Biotechnical (Life Sciences)

Driven by an expanding population and the presence of the Texas Tech Health Science Center, the Biomedical and Biomedical Cluster is projected to grow 18.4% (employment) over the next five years, providing residents with quality skilled employment opportunities and diversifying the regional economy. The Cluster includes a diversity of industries from traditional health care service delivery in hospitals and clinics, to biomedical research and advanced manufacturing.

The industry group that comprises the cluster, includes.

Economic Impact

- 313 Establishments in the region
- 1.78 Jobs Multiplier
- 79.0% of Jobs are held by females

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Employment Outlook

Black: Permian Basin Region / Royal Blue: Texas / Light Blue: Nation

In 2014, the region maintained an estimated 9,932 jobs in the Biomedical and Life Sciences Cluster, 52% below national average for a typical region the size of Permian Basin. Employment is projected to grow 18.4% from 2014 to 2019 versus a projected 25.5% growth rate nationwide during the same timeframe. Average earnings for jobs in the cluster are approximately $39,132, 35.4% lower than the national average.

Within the cluster, the occupations with the highest concentration of jobs include:
- 1,635 Personal Care Aides
- 1,097 Home Health Aides
- 952 Registered Nurses
- 951 Nursing Assistants
- 647 Licensed Practical and Vocational Nurses

Economic Development Catalysts

Midland Memorial Hospital opened a new seven-story patient tower in December 2012, enhancing the medical technology available to the community and improving the health care capacity of the region. The budget for the project was $177.6 million.

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