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 .
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
- 1.78 Jobs Multiplier
- 79.0% of Jobs are held by females
Employment Outlook
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
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
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.
MORE COMING SOON...
Midland Memorial Hospital opened a
MORE COMING SOON...
Midland Memorial Hospital opened a