The digital health market in the United States has firmly established itself as a pivotal player in the global landscape, displaying impressive growth fueled by technological advancements and the widespread adoption of these solutions. The national market is valued at $130-$150 billion, encompassing a diverse range of segments including telemedicine, digital therapeutics, health IT, wearable devices and mobile health applications.

VisionFirst Advisors' Managing Director Greg Word presents the concept of Digital Health Manufacturing. Take a quick trip through this important component to healthcare advancement.

Weyerhaeuser Industrial Digital Health Manufacturing

Georgia and Florida are enhancing the appeal of the digital health sector by offering tax incentives, including the monetization of earned R&D and net operating loss tax credits; sales tax exemptions for R&D equipment; and investment tax credits, all aimed at fostering angel capital investment in the industry.

The digital health manufacturing landscape is diverse, with subsectors focusing on unique aspects of health technology and digital innovation. Each of the following 10 key subsectors is integral to the evolving digital health ecosystem:



Wearable Health Devices - smart watches, fitness trackers and health sensors

Connected Medical Devices - insulin pumps, smart inhalers and blood pressure monitors

Health IT Hardware - electronic health record systems and telemedicine stations

Diagnostic and Imaging Devices - digital imaging systems and laboratory instruments

Digital Therapeutics (DTx) - software applications and digital health platforms

Mobile Health (mHealth) Solutions - health monitoring apps and remote monitoring systems

Health Data and Analytics - big data platforms and AI/machine learning tools

Virtual Reality (VR) and Augmented Reality (AR) - medical training simulators and surgery tools

Consumer Health Devices - personal health monitors and fitness/wellness devices

Regulatory and Compliance Technologies - data security solutions and compliance tracking systems

FLORIDA AND GEORGIA - HEALTHY DECISIONS FOR DIGITAL HEALTH MANUFACTURING

The following factors combine to create an ideal environment for digital health manufacturing in Florida and Georgia, fostering innovation and growth in the industry:


Growing Tech Ecosystems - Burgeoning tech sectors with a focus on health innovation; Atlanta and Miami are emerging hubs for digital health startups and research

Strong Healthcare Networks - Boasting extensive healthcare networks and institutions to provide valuable partnerships and testing grounds for digital health solutions

Skilled Workforce - Talented workforces with expertise in technology, engineering and healthcare, essential for advancing digital health manufacturing

Supportive Business Environments - Favorable business climates, including incentives for technology and health-related industries

Strategic Location - Providing access to both domestic and international markets to enhance distribution and growth opportunities

STATE SPOTLIGHTS


FLORIDA - eHEALTH TECHNOLOGIES

One notable example of a Florida-based digital health manufacturer is eHealth Technologies. The company specializes in providing solutions for medical imaging, health information exchange and patient data management. Its technology focuses on improving the efficiency and effectiveness of healthcare delivery through digital means.

GEORGIA - MEDOVEX CORPORATION

Based in Georgia but with significant operations and presence in Florida, Medovex Corporation develops and commercializes advanced medical technologies. The company's innovations improve patient care and streamline medical procedures through digital health advancements.

Florida and Georgia are ideal manufacturing hubs, with their outstanding partnerships, talent, resources and infrastructure for digital health manufacturing companies to prosper. Weyerhaeuser's three distinctive supersites offer the distinct advantages of abundant land, lower cost of living, pro-business legislation, utility resources and global transportation infrastructure corridors.

HAWTHORNE INDUSTRY PARK

  • Located 15 minutes from Gainesville, FL
  • U.S. Approved Opportunity Zone
  • U.S. Highway 301 and S.R. 20 frontage; within minutes to I-75 and I-10
  • Foreign Trade Zone #64 with JAXPORT (largest in Florida), allowing companies to exempt standard tariffs
  • CSX Rail main north-south freight line runs directly along border of site
  • #1 Public University (University of Florida-The Wall Street Journal) and #1 Two-Year College (Santa Fe College-The Aspen Institute) within 15 miles
  • Proximity to JAXPORT, Jacksonville International Airport, Orlando's two international airports and Gainesville Regional Airport
  • 1.6 million workforce within 60 miles
  • Workforce partners include CareerSource North Central Florida, FloridaCommerce, Santa Fe College and Alachua County Schools
  • 634 acres zoned for 3.5 million square feet
  • REDI Community
  • 150,000 square feet commercial space
  • Zoned for 200 multi-family units
  • Flexibility of parcel sizes and uses
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NORTH FLORIDA MEGA INDUSTRIAL PARK

  • Located in Lake City/Columbia County, FL
  • Fully permitted with utilities in place
  • U.S. Approved Opportunity Zone
  • Frontage on U.S. 90, with easy access to I-75 and I-10
  • Foreign Trade Zone #64 with JAXPORT (largest in Florida), allowing companies to exempt standard tariffs
  • Rail spur directly into park for accelerated movement of materials and goods; additional rail spur to south entrance underway
  • Adjacent to Lake City Gateway Airport and only 60 miles to Jacksonville International Airport
  • 1.2 million workforce within 60 miles
  • Workforce partners include CareerSource North Central Florida, FloridaCommerce and Columbia High School
  • Four-year college adjacent to site for workforce development; additional opportunities nearby at University of Florida and Santa Fe College
  • 2,622 zoned acres for eight million square feet
  • Rural Area of Opportunity/CSX Select Site
  • 100,000 square feet commercial space
  • Up to 1,200 residential units
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HEART OF GEORGIA MEGA SITE

  • Southeastern industrial distribution hub
  • Located in Dublin/Laurens County, GA, midway between Atlanta and Savannah
  • Frontage on Interstate 16, connecting to I-75 and I-95
  • Direct access to the Port of Savannah via I-16
  • Served by Georgia Central Railroad, connecting to Norfolk Southern in Macon and CSX in Savannah
  • Georgia has the #1 workforce training program in the country, QuickStart; additional programs and preparation available to ensure the right skill sets
  • Three educational partners located in Dublin, along with Mercer University in nearby Macon
  • Over 450,000 workforce within 60 miles
  • 2,000 acres zoned for 17 million square feet
  • Three certifications, including Georgia Ready for Accelerated Development (GRAD)
  • Incredible flexibility of parcel sizes and configurations

WEYERHAEUSER PARTNER SITES - COLYELL AND STOKES

Outstanding Locations in Louisiana and South Carolina with Engaged Economic Partners

Weyerhaeuser's Colyell site in Livingston Parish, Louisiana is ideally located between Baton Rouge (30 minutes) and New Orleans (one hour) via I-12. With 420 acres, the site offers an incredible opportunity for industrial development. Access to rail is less than three miles. Plus, an amazing local economic partner in Livingston Economic Development Council.

Located in Colleton County, South Carolina (midway between Charleston and Savannah), our Stokes site presents 457 acres just two miles west of I-95. Palmetto Railways runs along the site. A workforce of 647k provides the skill sets needed. With South Carolina Economic Alliance, Inc. as our economic development partner, the site is positioned to be an ideal location in the Southeast.

BANK ON THE BEST

Weyerhaeuser’s wetland and stream mitigation banks have helped provide timely, cost-effective and ecologically significant mitigation solutions for unavoidable impacts to wetlands and streams. These mitigation projects work to help replace the functions of a specific wetland and/or stream habitat affected by your project. Click the map to view mitigation bank sites.

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Rosemary F. Fagler, Economic Development Manager

352.415.4518

rose.fagler@weyerhaeuser.com

weyerhaeuser.com

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