Medical Technology

Chicago leads the nation in medical technology

Recent Wins

  • Baxalta (now Shire), established its headquarters in a 257,191 Sq Ft office space in Bannockburn
  • Vetter Pharma International, had plans to hire 300 new employees in its newly constructed 1.2 million Sq Ft office in Des Plaines
  • Medline, moved to its new 139,000 Sq Ft office space in Northfield, taking over Kraft Heinz’s old office

Why Chicago

Chicago is an emerging leader in the medtech sector with several major headquarters and large employers located here. Chicago gained 874 jobs in the MedTech sector from 2015 to 2016. And with nearly 3,000 biomedical science and engineering graduates annually, Chicago has a high-quality talent pipeline that makes it an appealing place for medical device manufacturers. Universities, such as Northwestern University, which has one of the largest biomedical engineering programs in the country, create a stream of a skilled graduates for companies.

Advanced medical manufacturing is thriving in Chicago. Northern Illinois, which hosts Argonne National Laboratory and Fermilab, has the highest concentration of accelerator experts in the world. This accelerator research supports many medical device innovations, such as the superconducting wire used in MRI magnets.

Learn more about Chicago’s medical technology industry:

Download Medical Technology Profile (PDF)