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.
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 (August 5, 2025) – With billions in new investment, a surge of startups and venture activity, and a deep pool of skilled talent, Arizona's innovation economy is scaling fast — and the world is taking notice. Today, Governor Hobbs and the Arizona Commerce Authority, in partnership with the Arizona Venture Alliance, announced Arizona Tech Week, the state’s first-ever decentralized tech conference. The event will take place in locations across the state from April 6th-12th, 2026. Arizona Tech Week will bring together tech luminaries, investors, founders, and startup leaders for a week of lively keynotes, panels, social networking engagements, pitch competitions, and exclusive Arizona experiences. The first-of-its-kind conference in Arizona will emphasize the state’s prominent role in the global tech ecosystem and provide an opportunity to showcase the state’s most compelling innovations and tech leaders.
READ MORE about Governor Hobbs Announces Arizona Tech Week 2026»PHOENIX, AZ (July 29, 2025) – The Arizona Commerce Authority (ACA) today announced it is accepting applications for the Fall 2025 Arizona Innovation Challenge (AIC), one of the nation’s largest business plan competitions. This year, the Arizona Innovation Challenge will feature a Fall 2025 cohort and Spring 2026 cohort, with investments for the most promising companies taking place in partnership with investors and venture capitalists in Arizona. In addition, the ACA announced the Fall 2025 cohort will be focused on Software as a Service (SaaS) startups. The application window will run from Tuesday, July 29 to Monday, August 11. The AIC consists of three judging rounds where companies receive constructive feedback on their applications generated from the rigorous online evaluation and scoring process.
READ MORE about Arizona Commerce Authority Accepting Applications For 2025 Arizona Innovation Challenge»