California’s life science industry

ANNUAL ECONOMIC IMPACT

$346 billion: Economic activity generated

$196 billion: Market value of goods/services

$104 billion: Labor income

11,725: Life science establishments

EMPLOYMENT

428,283: Direct jobs

242,303: Research & lab services

77,819: Medical device & diagnostic equipment

49,942: Biopharmaceutical manufacturing

31,060: BioRenewables

27,159: Life science wholesale

WAGES

$95,750: Average annual earning

MEDICAL DEVICES AND DIAGNOSTIC EQUIPMENT

San Diego County’s most competitive subsector

California received more than $4.2 billion in National Institutes of Health funding in fiscal year 2018, at least 25% more than any other state.

Source: Biocom.org