Economic Impact of Health Research
Investment: Funding sources for overall research and development (2004)
| Source of R&D Funding | Investment | State Rank |
| Federal Government | $2,648,700,000 | 7 |
| Industry | $10,544,200,000 | 4 |
| Universities | $410,800,000 | 4 |
| Non-profit | $305,200,000 | 2 |
| Other * | $356,800,000 | 2 |
| Total | $14,265,700,000 | 5 |
* Other represents funding from state and local governments and funding for Federally Funded Research and Development Centers from non-federal sources.
Source: National Science Foundation, National Patterns of R&D Resources , 2006
Economic Impact: Statistics for research-driven health
industries (2004)
| Industry | Employment | Annual Salary |
| Pharmaceutical | 9,238 | $68,762 |
| Medical Device | 16,334 | $47,724 |
| Research, Testing, and Laboratories | 19,130 | $52,501 |
| Overall Private Sector | $39,109 |
Source: Battelle Memorial Institute and Biotechnology Industry Organization (BIO), Growing the Nation's Biotech Sector: State Bioscience Initiatives 2006
Highlights from local economic impact studies
The Association
of American Medical Colleges reports that the member medical schools and
teaching hospitals in the state had a combined economic impact of $26.6 billion (ranked 5th in the nation)
and a total employment impact of 177,100
in 2005.
The MD
Anderson Cancer Center accounted for $1.9 billion in business activity in the Houston
region and supported 31,600 Houston jobs in FY
2002.
The 15 institutions of the University
of Texas System supported 215,700
jobs and had a total economic impact
of $12.8 billion on their host economies during FY 2004.
The 21st Century Life
Sciences Roadmap reports that the health care technology industry in Texas accounts for more
than 50,000 private jobs and
produces $6.5 billion in sales.
In 2000, The Texas Medical
Center in Houston
contributed $5.8 billion in spending
and nearly $3.9 billion in personal
income to the region. In addition, the Center supported more than 142,600 workers that year.
The total economic benefit to the Houston area
of the University of Houston
System was $3.1 billion in
2006. The University also generated 24,000
jobs and attracted more than $100
million in research funding.
According to the Greater San
Antonio Chamber of Commerce, the health care and bioscience industries directly
employed nearly 112,800 people and had an economic impact of $15.3 billion on the city in 2006.
Texas A&M University
had an overall economic impact of $2.7
billion on Brazos
County in 2006. The Texas A&M Health
Science Center had a total economic impact on the Bryan-College Station area of nearly $75 million in 2002.
Baylor
University had a total economic impact on the Waco Metro Area of $1.22 billion during the 2005-2006
academic year.
Currently under construction, the bio-containment facility at the Galveston National Laboratory
is expected to contribute $1.4 billion
to the state over 20 years.

