Two bioscience and healthcare professionals observing a test tube.
Two bioscience and healthcare professionals observing a test tube.

Biosciences & Healthcare

Greater Phoenix is a highly sophisticated hub of healthcare innovation and biomedical research.

A global destination for bioscience and healthcare innovators

Home to some of the nation's leading healthcare systems and institutions, Greater Phoenix plays a vital role in advancing the art and science of medicine. Among the many powerhouses that call the Valley home are Banner Health, Mayo Clinic, Translational Genomics Research Institute (TGen), Phoenix Children’s, Phoenix Biomedical Campus, Vitalant, Celerion and Celgene. The region has become one of the leading areas for healthcare and biomedical research, improving Arizona’s healthcare capacity and growing the economy along with it.


Dedicated to a healthier business climate

Tax incentives offered by the Arizona Commerce Authority, coupled with SRP’s low power prices and access to the region’s affordable, educated workforce equate to a low-cost business environment in which the biomedical field thrives.


Bioscience jobs are growing here
at 4x the national average.


Bioscience and Healthcare Highlights

Greater Phoenix offers a skilled, diverse talent pool educated by globally recognized universities and community colleges.

75,000+

Biomedical/Healthcare Jobs

The industry is expected to add nearly 90,000 healthcare jobs in the next decade in Greater Phoenix. Source: Phoenix Business Journal

Downtown Phoenix is home to the Phoenix Bioscience Core, a 30-acre academic and scientific research campus.

53%

percentage of landfill diversion increased

Greater Phoenix is home to leading national research firms, nonprofit companies and healthcare startups.

680+

Biomedical/Healthcare Companies

Top 4

According to the Arizona Commerce Authority, Arizona is among the top four for job growth and bioscience manufacturing job growth rate.


Choose SRP Service Areas

#4

Top 100 largest public power utilities by generation

ONE

Of the largest raw water suppliers in Arizona

7.4 M+ MWh

Sustainable portfolio


Expand your business in Phoenix MSA

4.9%

Corporate state income tax rate

4%

Population growth since 2020

5.1 Million

Population of Phoenix MSA

Get in touch with a member of our Strategic Economic Services department

Our team of advisors is ready to discuss economic development opportunities for your business in the Phoenix metropolitan area. Feel free to reach us via phone, email, or send is a message.

Contact Us