The health industry contributes $2.8 billion to the local economy. With 3,076 health care and social assistance enterprises and 30,210 highly skilled workers, it’s the largest employing sector on the Gold Coast.
The industry interestingly contributes $170 million in exports from supplements and pharmaceuticals to medical devices and specialist treatments.
Operating under high Australian standards and locally held intellectual property, local businesses are gaining international recognition and demand for their quality products.
Gold Coast Health and Knowledge Precinct
Asia-Pacific’s emerging health and innovation hub, the 200-hectare Gold Coast Health and Knowledge Precinct is a unique global business location for high-tech industry development, research collaboration and jobs of the future. The Precinct is home to the $550 million 2018 Commonwealth Games Village, which will remain a permanent mixed-use residential community with more than 1,200 dwellings.
New research reveals just how much of an impact the Gold Coast Health and Knowledge Precinct (GCHKP) will have on the city...
The Gold Coast Health and Knowledge Precinct is already home to Griffith University, Gold Coast University Hospital and Gold Coast Private Hospital.
Successful health businesses
Alongside the medical industry are a growing number of Gold Coast based health businesses specialising in health and wellbeing products, organic skin care, sun protection and dietary supplements.
Gold Coast hospitals are implementing innovative technologies to improve patient health and quality of life...
The company works with major pharmaceutical brands including Swiss and Blackmores to package tablets, capsules, powders and sachets...
Investing in a sustainable future
Knowledge-based industry attraction and incubation is critical to the city, region and state’s long-term economic sustainability and will provide a valuable skilled labour pool required to support the development of the city’s knowledge economy.
Investment in the sector continues to grow leading up to GC2018 with more than $5 billion recently invested in the Gold Coast Health and Knowledge Precinct, home to Gold Coast University Hospital, research and allied medical facilities, as well as Griffith University.