Key Industries

Healthcare & Medical Technologies

Accelerating Health to New Heights

With one of the fittest populations in the country, as well as access to collaboration across industries that foster ingenuity, healthcare in Colorado Springs is going above and beyond the status quo. From inventing and manufacturing life-saving medical device components to ensuring that future Olympians reach peak performance, the opportunities for companies looking to expand operations in medical innovation, technology and healthcare in the Colorado Springs region are solid gold.

Healthcare

Coloradans’ natural inclination towards fresh air and heart-pumping activities sets the foundation for a burgeoning healthcare industry and makes Colorado Springs a magnet for wellness-oriented individuals. Healthcare in Colorado Springs takes many forms, including two hospital systems — Centura Health’s Penrose-St. Francis Health Services and University of Colorado Health’s Memorial Health System — as well as health information technology firms, with several software companies improving insurance claims and driving patient engagement.

Additionally, the region is well known for its focus on elite athletic performance and senior healthcare. The presence of Olympic-level athletes and governing organizations has attracted highly specialized practitioners that excel in elite performance care, while the Geriatric Psychology PhD program at the University of Colorado Colorado Springs is one of the few of its kind in the nation. There is a synergy that comes with access to a variety of healthcare institutions and their employees, as well as collaboration across IT and bioscience, which is propelling healthcare to new heights.

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Medical Technology

The Colorado Springs region has an impressive density of medical technology operations, which has led to an incredible depth of knowledge and quality resources from which companies can draw. Home to companies operating in the biotechnology, medical and diagnostic devices fields, as well as several healthcare providers and forward-looking research institutions, the Colorado Springs area boasts a business-friendly environment primed for innovation, all at a lower cost than many other medical technology hubs.

To say that Colorado Springs institutions are innovating in the medical field is an understatement. Our businesses are busy engineering custom artificial limbs, advancing processes for chemical sensitivity screening and developing nutritional eye health support solutions, among many other pioneering developments. The area is also home to major industry leaders like DePuy Synthes (a Johnson & Johnson company), Spectranetics and dpiX, Inc., as well as higher education institutions offering relevant field degrees, ensuring that the area’s talent is well-versed in these specialties.

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Facts & Figures

60+
Medical Device Manufacturers and Life Science Companies
27,000+
Medical Innovation and Technology Employees
11,000+
Healthcare Employees
$82,000
Average Annual Salary in Medical Innovation and Technology
$56,408
Average Annual Salary in Healthcare, 2013
122,000
Direct and Indirect Jobs in Medical Innovation and Technology
#6
Hospital in Colorado, Memorial Hospital U.S. News & World Report 2015-2016
Best
Hospitals, Penrose-St. Francis Health Services Healthgrades 2008-2016

Major Employers

Tammy Fields Senior Vice President, Economic Development (719) 884-2836 | tfields@cscedc.com