SEARCH   
MEMBER LOGIN    

Scientific Research & Development in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Scientific Research & Development Market Research Report | NAICS 54171 | Dec 2013

Useful properties: Government funding may slow, but new technologies will boost demand

IBISWorld’s Scientific Research & Development market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$134bn
Annual Growth 08-13
3.8%
Annual Growth 13-18
Add to Cart
Profit
Add to Cart
Employment
702,302
Businesses
49,120
Industry Analysis & Industry Trends

Increased funding from the government, corporations and academia have benefited the industry over the past five years. While still overwhelmingly funded by public sources, a shift toward private funding is slowly changing the focus of industry research. Over the next five years, the industry will continue to benefit from growing environmental concerns throughout the public and private sector. Nonetheless, a new bipartisan budget agreement that puts an emphasis on new R&D spending is essential to the industry's future growth prospects... purchase to read more

Industry Report - Industry Key Buyers Chapter

The Scientific Research and Development industry is characterized by a low level of market share concentration. The industry is highly fragmented, with the four largest firms in the industry accounting for only 10.3% of industry revenue. There are no major players in the industry due to the multitude of research topics undertaken by the industry and varying degrees of specialization by different companies. Over the past five years, however, there have been a small number of acquisitions by larger firms attempting to increase market share during difficult recessionary conditions. As a result, market share concentration has only increased slightly over the past five years... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Scientific Research & Development Industry?

This industry includes companies and organizations that are involved in physical, engineering or life sciences research and development (R&D). The industry only includes firms whose primary purpose is R&D and excludes players such as pharmaceutical or manufacturing companies that may undertake R&D to support their primary operations. Government entities are also excluded from this industry, although these entities may contract and fund the research this industry undertakes.

Industry Products
Physical and engineering sciences R&DBiotechnology R&DPharmaceutical R&DOther R&DLicensing of intellectual property rightsDevelopment services
 
Industry Activities
Agriculture research and development laboratories or services Biotechnology research and development laboratories or services Cancer research laboratories or services Computer and related hardware research and development laboratories or services Environmental research and development laboratories or services Genetics research and development laboratories or services Health research and development laboratories or services Mathematics research and development laboratories or services Medical research and development laboratories or services Physics research and development laboratories or services


View Sample
Quote
Select Clients