Chapter 1
Geography of U.S. Life Sciences Talent
U.S. Life Sciences Talent Trends 2024
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Figure 7 showcases results from our broad review of U.S. life sciences talent. The markets shown ranked within the top 25 in life sciences R&D, manufacturing or medtech talent. Colors correspond to the industry subset where the market ranked highest.
Figure 7: Top-Ranked Life Sciences Clusters
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Life Sciences Vacancy Rate Increases Amid Slowing Construction Pipeline, Modest Rise in Tenant Requirements
May 2, 2024
Vacant construction deliveries totaling 3 million sq. ft., along with 630,000 sq. ft. of negative net absorption.
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Life sciences incubators, which are in very high demand, are increasingly sophisticated and well-funded.
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Revolutionary advancements by the U.S. life sciences industry could increase in 2024 despite macroeconomic uncertainty.
