This reports really represents the economic geographer in me wondering how the neurotech industry is developing across space. After months of data collection, writing and analysis here are the results. Go to the NIO website to download the 100 page report.
According to NeuroInsights and NIO, the top nine neurotech regions with composite scores are:
1. San Francisco Bay Area, CA (100)
2. Greater Boston, MA (98)
3. New York/New Jersey (91)
4. London, United Kingdom (84)
5. San Diego, CA (83)
6. Los Angeles/Irvine, CA (81)
7. Baltimore, MD (69)
8. Greater Philadelphia, PA (66)
9. Minneapolis, MN (53)
Other regions supporting neurotech innovation include nascent clusters (Montreal, Canada; Basel/Zurich, Switzerland; Tel Aviv, Israel; Seattle, WA; Stockholm, Sweden; Tokyo, Japan) as well as regions to watch (Munich, Germany; New Haven, CT; Chicago, IL; Shanghai, China, Cleveland, OH and Raleigh/Durham, NC).
The rankings are based on three broad factors: number of neuroscience-focused companies, availability of local risk capital and social infrastructure (universities, hospitals, research institutes). The San Francisco Bay Area ranked first in number of companies and risk capital, while Boston ranked first in social infrastructure.
Data gathered for the report also reveals several other interesting regional trends. New York/New Jersey is the leading region for public neurotechnology companies. Boston, MA and Baltimore/Washington D.C. are the leading regions for neurotechnology social infrastructure based on strong graduate programs and hospital rankings in neuroscience related areas. The San Francisco Bay Area, Minneapolis, MN and Cleveland, OH are major centers for neurodevice development.
A special thanks to Corey M. McCann, our bright and diligent intern for all his hard work on this project!
Thanks for signing in,
.
Now you can comment. (sign out)
(If you haven't left a comment here before, you may need to be approved by the site owner before your comment will appear. Until then, it won't appear on the entry. Thanks for waiting.)