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Life Science and Healthcare Challenges in Indiana


bradgphilbrick@gmail.com

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I attended an informative and motivating discussion: “Indiana Life Sciences Talent and Workforce:  Developing Strategies to Compete in a Global Economy.”  The life sciences industry and healthcare occupations are growing and outperforming national job growth.  One of ten jobs in the Hoosier state is in life science or healthcare where there were over 265,000 employees in 2014.

Indiana’s life science exports of nearly $10 billion annually are 29% of the state’s total exports that ranks it as the second highest life science expo

rter in the U.S.  Indiana’s produces biopharmaceuticals, medical devices, and agro bioscience creations. Healthcare facilities include hospitals, outpatient service centers, skilled care, nursing homes, residential services, laboratories, physical therapy facilities, and pharmacies.

Life science and healthcare workers enjoy higher than average wages in nearly all areas of employment.  But with the higher pay comes the demand for higher skill needs than found in other sectors.  And the further concern is the call for even higher skill levels and education as technology advances, in particular, the biopharmaceutical industry.

Indiana is seeking life science researchers, information technology experts, highly skilled informatics professionals, and engineers.  The workplace offers several choices; from large Fortune 500 corporations to small innovative companies.  16 Tech is an innovation community preparing to launch innovation in the biomedical and informatics arena.  The Indiana Center for

Indiana is seeking life science researchers, information technology experts, highly skilled informatics professionals, and engineers.  The workplace offers several choices; from large Fortune 500 corporations to small innovative companies.  16 Tech is an innovation community preparing to launch innovation in the biomedical and informatics arena.  The Indiana Center for Biomedical Innovation is a research and business incubator for translational sciences.

The need for life science and healthcare professionals is expected to increase by 15% over the next two years.  Retiring baby boomers lead the projected demand accounting for 66% of the workforce needs and 34% due to growth in these two areas.  Robust growth is especially taking place in production and manufacturing, engineers, research technicians, marketing, and IT and informatics.

BioCrossroads is leading the way promoting a strong effort in kindergarten through high school in STEM skills in Indiana.  Career awareness in life

BioCrossroads is leading the way promoting a strong effort in kindergarten through high school in STEM skills in Indiana.  Career awareness in life science and health care is a paramount effort.   Developing efforts to connect students to careers will continue.  Universities are collaborating with industry in developing new and enhanced curriculums to serve students and the needs of employers.

Indiana is a leader and is moving forward meeting the challenges of a dynamic and growing sectors that are vital to the Hoosier state’s economy. biomedical