US Life Sciences Clusters: Markets Positioned for Century of Biology February 2019
Boston-Cambridge and the San Francisco Bay Area are the nation’s leading life sciences clusters, based on a compilation of CBRE data.
San Diego, New Jersey, Raleigh-Durham and Washington, D.C.-Baltimore round out a second tier of primary life sciences markets in the U.S.
Significant industry momentum in New York City—evidenced by more than 1.5 million sq. ft. of lab space under construction, strong municipal support and a major concentration of sought-after talent—support it as one of the nation’s rising life science clusters.
Emerging life sciences hubs include Seattle, Houston, Austin and Denver.
CBRE’s data shows which markets have the most scientists fueling innovation and where the most qualified graduates are coming from.
Venture capital funding to the life sciences industry has surged 86% over the past year, driving employment growth, new construction and increased attention from investors.