BioSpace’s exclusive Hotbed Map highlights nine different regions to watch across the U.S. This map, made in vibrant color for BioSpace showcases a one-of-a-kind glance at some of 2023’s headline-making companies.
As BioSpace proudly introduces our 2022 Hotbed Maps, let’s explore the industry’s most thriving territories, research leading employers and search for relevant jobs on BioSpace.
8 Best Cities In The US Offering Biotech Jobs Published: Jul 16, 2021 By Lorenzo Soliman
Biotech jobs are one of the most promising career paths for people who are into life sciences and those who dream of creating change in the world through developing breakthrough medicines and therapeutics.
Biotech has also gained ground in the industry due to the current global health crisis. Amidst the coronavirus disease (COVID-19) pandemic, biotech firms were in the front of developing vaccines and drugs against chronic and emerging diseases.
Experts project that the global biotechnology market value will reach $727.1 billion by 2025. Across the globe, venture capital firms invested about $16.8 billion in private drug development in 2018 and are expected to increase as the world grapples with a pandemic. Also, the biotech employment rate will grow by 5 percent from 2019 to 2029.