Today, Minnesota health innovation and care companies employ 500,000 Minnesotans across the state.

More complex medical devices have been completed in Medical Alley than anywhere else in the world, and the region clears the most complex medical devices for market per capita than anywhere else in the U.S. We are home to the world’s number one hospital, Mayo Clinic, the nation’s largest private insurer, UnitedHealth Group, and the University of Minnesota which ranks in the top-five for institutions turning complex ideas into real world products.

GROWTH

• More than 1,000 health innovation companies call Medical Alley home.
• Early stage Medical Alley companies have raised $3.5 billion over the last five years.
• Investment in early stage Medical Alley companies has grown 150% over the last five years.

COLLABORATION

• Medical Alley’s public-private partnerships, like the Destination Medical Center in Rochester, create long-term environments where life-changing innovations can happen.
• Boston Scientific, Mayo Clinic, the University of Minnesota, and powerhouse incubator gener8tor collaborate in Medical Alley to fund a one-of-a-kind heath technology incubator.
• Regional powerhouses like UnitedHealthGroup work with Medical Alley’s vast network of innovators to inspire, support, and finance groundbreaking health tech startups.