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Healthcare and life sciences

Last updated: 5/3/17

Healthcare and life sciences

Boston is a global leader in the healthcare and life sciences industry. This includes everything from research and development to world-renowned healthcare corporations.  

Boston’s innovation economy is thriving, with leaders from government, industry, the nonprofit sector and academia engaged in making the City a place where life sciences and other companies want to start, stay, and grow.

Dr. Jeffrey Leiden, M.D., Ph.D., Chairman, President and CEO, Vertex

 

Want to learn more about Boston's healthcare and life sciences ecosystem?

Contact Lauren Jones:

Industry snapshot

  • The Boston area is home to 25 hospitals and 20 community health centers.
  • The Longwood Medical Area represents a world-class health epicenter. There are more than 46,000 scientists, researchers, and staff, and over 21,000 students studying at institutions and hospitals.
  • Boston has received the most N.I.H. funding of any U.S. city for 21 consecutive years.
  • Boston's healthcare and social assistance industries account for over 18% of total employment. Five of the ten largest employers are hospitals.
  • There are more than 12,000 life sciences jobs in Boston across research, development, and manufacturing.
  • Boston boasts over 120 Health IT and Digital Health companies.

Mayor Walsh and MGH
Mayor Walsh joins officials from Massachusetts General Hospital, Boston's largest employer.

Life Sciences Corridor

Boston joins four other cities as part of the Life Sciences Corridor. This makes up the world’s largest life sciences cluster with more than 450 companies.