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Scientific Research & Development in Tennessee

Author.Name IBISWorld United States Last Updated: April 2025 NAICS TN54171

Scientific Research & Development in Tennessee industry analysis

The Scientific Research & Development industry in Tennessee is expected to decline an annualized -x.x% to $x.x billion over the five years to 2025, while the national industry will likely grow at x.x% during the same period. Industry establishments increased an annualized x.x% to xxx locations. Industry employment has increased an annualized x.x% to x,xxx workers, while industry wages have increased an annualized x.x% to $x.x billion.

Over the five years to 2030, the industry is expected to grow an annualized x.x% to $x.x billion, while the national industry is expected to grow x.x%. Industry establishments are forecast to grow x.x% to x,xxx locations. Industry employment is expected to increase an annualized x.x% to x,xxx workers, while industry wages are forecast to increase x% to $x.x billion.

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About the Scientific Research & Development in Tennessee Market Research Report

What’s Included in the Scientific Research & Development in Tennessee Market Research Report

Definition of the Scientific Research & Development in Tennessee?

This industry includes companies and organizations that are involved in physical, engineering or life sciences research and development (R&D). The industry only includes operators 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, though these entities may contract and fund the research this industry undertakes.

What’s included in the Scientific Research & Development in Tennessee?

The Scientific Research & Development in Tennessee includes physical and engineering sciences, life sciences, pharmaceuticals services, biotechnology research and development laboratories or services, medical and health sciences, licensing rights to intellectual property, health research and development laboratories or services and physics research and development laboratories or services. Related terms covered in the Scientific Research & Development in Tennessee industry report includes a category in research and development (r&d) that comprises biotechnology, biological sciences and medical sciences, a category that contends with the development of materials that can survive hostile environments, have greater strength-to-weight ratios or offer energy-saving applications, a category in r&d related to the development of speedy, cost effective and noninvasive medical equipment, the study of controlling matter on an atomic and molecular scale, an r&d category that comprises earth and environmental sciences and chemistry and chemical engineering and also known as the atom-smasher. it is used in quantum-mechanics research by sending atoms along an underground circuit to break the atoms apart and study the results.

Industry Performance of the Scientific Research & Development industry in Tennessee

Benchmark the Scientific Research & Development in Tennessee industry performance with all TN county and national performance.

Scientific Research & Development in Tennessee

#21 in Highest Revenue 0.9% of state's GDP
Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

Scientific Research & Development in the US


Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

For the full list of industry drivers, see report purchase options.

Key Drivers of the Scientific Research & Development industry in Tennessee

See how key industry drivers, such as unemployment rate, house price index, per capita disposable income, research and development expenditure, total health expenditure and government consumption and investment are impacting Scientific Research & Development in Tennessee

Tennessee Economic Indicators

Unemployment Rate
House Price Index
Per Capita Disposable Income

View more economic information in TN State Economic profile

US Key External Drivers

Research and development expenditure
Total health expenditure
Government consumption and investment

For the full list of industry drivers, see report purchase options.

County Data of the Scientific Research & Development industry in Tennessee

Access proprietary data on county in the Scientific Research & Development in Tennessee, such as Shelby County, Knox County and Davidson County. Data includes figures on revenue, establishments, employees and wages by counties.

Key Statistics of the Scientific Research & Development industry in Tennessee

Download 18 years of historical data and 5 years of projected performance.

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Top Questions Answered in this Report

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What is the market size of the Scientific Research & Development industry in Tennessee in 2025?

The market size of the Scientific Research & Development industry in Tennessee is $3.0bn in 2025.

How many businesses are there in the Scientific Research & Development industry in Tennessee in 2025?

There are 934 businesses in the Scientific Research & Development industry in Tennessee, which has been growing at an average annual rate of 9.8% from 2020 to 2025.

Has the Scientific Research & Development industry in Tennessee grown or declined over the past 5 years?

The market size of the Scientific Research & Development industry in Tennessee has been declining at an average annual rate of -1.2% from 2020 to 2025.

How many employees in the Scientific Research & Development industry in Tennessee in 2025?

There are 11,382 employees in the Scientific Research & Development industry in Tennessee, which has been growing at an average annual rate of 4.7% from 2020 to 2025.