More than 100 biotechnology/pharmaceutical companies are based in Lake County, including 10 corporate headquarters. These companies consist of chemical manufacturers, scientific research and development firms and medical and diagnostic laboratories. Total worldwide sales of these local companies exceeds $57 billion per year.
Lake County is home to five full-service hospitals, averaging 228 beds each, and five ambulatory surgical centers. Health care-related entities account for three percent of the businesses in Lake County, generating revenues of $87 billion per year. The health care industry consists of health and personal care retail stores, such as Walgreens, with headquarters in Lake County; ambulatory health care services; hospitals; some residential care facilities; and some social services.
The diverse group of business in this targeted industry includes more than 2,500 Lake County companies, or nine percent of all county business. Total revenues of the businesses in this targeted industry are more than $2.5 billion per year. Professional/technology services businesses support a vast array of other enterprises in Lake County, helping them to “Keep it Local.”