Industry Impact

Maine’s life sciences industry impact

Maine life sciences companies’ voices carry weight to drive our economy forward, creating more jobs for Mainers and shaping the state’s economy.

Industry Snapshot

484 Life sciences companies in Maine
Top Sectors: Pharmaceutical and Medicine Manufacturing, Scientific Research and Development Services, Medical Diagnostic Laboratories, Medical Equipment and Supplies Manufacturing

Job Creation

Maine’s life science industry has a job multiplier of 2.71 compared to 1.71 in all other Maine industries
9,540 life science jobs in Maine
Life science job growth of 42% in the last 5 years has significantly outpaced job growth in all industries in Maine
Over the last 5 years the life science industry has shown stronger job growth in Maine than in all other New England States

Economic Impact

$108,741 Average annual earnings
Between 2005 & 2020, average earnings of Maine life science jobs more than double
$2.2 Billion of Maine’s GRP
4.2% of Maine’s total exports

Industry Report Downloads

BioME Industry Report: Life Sciences in Maine 2022

BioME’s Industry Report, Life Sciences in Maine: State of the Industry 2022, is comprehensive report showcasing Maine life sciences’ data on employment, earnings, economic impact, funding sources, higher education, patents, venture capital and other important aspects of this sector. This report is available as free download thanks to the support from our sponsors and members.

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BioME Industry Report: Life Sciences in Maine 2019

The first BioME Industry Report, Life Sciences in Maine: State of the Industry 2019, was released at the 2019 BioME Annual Conference and is a comprehensive life science industry reports focusing on employment, earnings, economic impact, funding sources, higher education and other important aspects of this sector. This report is available as free download thanks to the support from our sponsors and members.