Advanced Medical Technology
The Advanced Medical Technology companies of the St. Louis region are
a rich mix of new and old, innovative and storied. This broad array of
successful medical device and imaging companies has been fostered by
a supportive local capacity for biotech research and engineering.
The St. Louis region has a well-established Life Science industry, including biotechnology. Our region has a strong cross
collaboration between clinical trials, academic research, and corporate development. This ‘bench to bedside’ spectrum
encourages entrepreneurship and growth. The region has over 16,000 jobs and 330 establishments in the medical devices and
biotech supporting industry sectors. Forty-fi ve fi rms focus on research and development of biotechnology alone, employing
approximately 3,000 St. Louisans. The number of fi rms and employees in the biomedical sector continues to grow, as the
community of medical companies gains strength in the region.
St. Louis is a prime location for startups and growing companies seeking a collaborative workforce and cost effi cient location.
Forbes magazine ranked St. Louis fourth on its “Most Affordable Places to Live Well” list in November 2007. This rating is
based on housing affordability, cost of living, quality of life, and arts and leisure offerings. The region’s high quality of life
and affordability allows businesses to attract and retain talented biomedical and life scientists at wages that are lower than
the national average. Wages for biomedical engineers, medical scientists, and biological, medical, and clinical laboratory
technicians are 86% to 98% of the national average.
The St. Louis region is a leader in biomedical education and training.
Several top academic and research institutions in St. Louis provide renowned training in biomedical engineering and medical
research. A few of those programs include:
Other academic research drivers include, Saint Louis University School of Medicine, which recently opened the $80.5