Bioscience, MedTech & Health Care
ARIZONA BIOSCIENCE, MEDTECH & HEALTH CARE
Arizona's thriving bioscience, medical technology and health care sectors play a crucial role in the state's economy and public health. The state has created an environment rich in opportunities for advancing innovative health care technologies, medicines and medical devices. Arizona specializes in precision medicine and biomarkers, diagnostics, health information technologies, neurosciences, cancer and genomic research.
AND MANY MORE
Industry Highlights
Largest Medical Equipment, Pharmaceuticals and Chemicals Manufacturing Job Growth
Lightcast, 2024
Largest Bioscience Manufacturing Job Growth
Lightcast, 2024
Largest Medical Equipment & Supplies Manufacturing Job Growth
Lightcast, 2024
Largest Bioscience and Health Care Industry Job Growth
Lightcast, 2024
Largest Bioscience and Health Care Service Industry Job Growth
Lightcast, 2024
Arizona Success Stories
This incredible investment will forever change the patient and staff experience in Arizona as Mayo Clinic grows and reinvents its nationally recognized clinical care, research and education. Bold. Forward. Unbound. in Arizona will increase clinical space on the Phoenix campus by nearly 60 percent, allowing us to care for more patients than ever before. We look forward to setting new standards for patient care and medical innovation.
Richard J. Gray, M.D., CEO, Mayo Clinic in Arizona
In March 2025, Mayo Clinic announced nearly $1.9 billion investment in the continued transformation of its Phoenix campus as part of its Bold. Forward. strategy to Cure, Connect and Transform health care for the benefit of patients everywhere. Mayo Clinic's largest investment in the state underscores the organization's leadership in creating a next-generation healthcare model that scales solutions for more patients when and where they need them.
TALENT
Arizona's universities and colleges facilitate cutting-edge research and world-class programs, developing highly skilled workforce to meet private-sector needs.
Arizona offers programs designed to
ENHANCE THE SUCCESS OF BIOSCIENCE & MEDTECH COMPANIES
Arizona BIOSCIENCE & Health care
PHOENIX, AZ (March 27, 2026) – Amid record international investment and trade, Arizona welcomed leaders from around the world for the 21st Annual International State of the State on March 26. Highlighting Arizona’s strong international partnerships and central role in the global economy, Governor Hobbs delivered a keynote address to over 300 attendees, including dignitaries from more than 40 countries. In recent months, Arizona has signed new multi-national agreements, expanded trade offices, and opened new doors for collaboration in research, workforce development, and innovation. Arizona has also emerged as the No. 1 state in the nation for foreign direct investment. To further Arizona’s international momentum, state leaders–led by the Phoenix Committee on Foreign Relations and the Arizona Commerce Authority–hosted an International State of the State Forum, showcasing Arizona’s premier investment environment, international partnerships, and global leadership.
READ MORE about Arizona’s Global Leadership Shines At International State of the State »PHOENIX, AZ (March 26, 2026) – Mack Real Estate Group (MREG) and McCourt Partners hosted a ceremonial groundbreaking to mark the start of construction at Halo Vista, a landmark 2,300-acre master-planned development in North Phoenix. Situated immediately adjacent to the Taiwan Semiconductor Manufacturing Company (TSMC) campus, Halo Vista is designed to be a premier global hub for science, innovation, and community. The $7 billion project, described as a "city within a city" and projected to be a major catalyst for regional growth, has an important role in one of the most significant economic drivers in Arizona’s history. The master plan for the site encompasses nearly 30 million square feet of mixed-use capacity, including industrial, manufacturing, office, retail, residential, and educational uses.
READ MORE about Mack Real Estate Group and McCourt Partners Celebrate Start of Construction at Halo Vista In Phoenix »