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Scientific Research & Development Services in the US Procurement Price, Data and Insights
This market includes businesses involved in physical, engineering, or life sciences research and development. Services are conducted to increase a company's knowledge about a product or process, which can then be applied to developing or improving a product or process. This market includes suppliers that focus exclusively on R&D and excludes players that may undertake R&D to support other primary operations. Government entities are also excluded from this market, although these entities often contract and fund vendor research efforts. Key buyers of market services include government agencies, pharmaceutical companies, information technology providers, and aircraft, engine, and parts manufacturers.
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What’s included in this market coverage
IBISWorld's research coverage on the Scientific Research & Development Services procurement and pricing environment in the United States includes market dynamics, buyer power scores, supply chain vendors with pricing trends and forecasts.
About this Market
What’s this procurement report about?
This procurement coverage of the Scientific Research & Development Services market in the United States includes Medical Sciences Research & Development, Computer & Information Research & Development, Natural Sciences Managerial Research & Development, Biological Technician Research & Development, Biochemists & Biophysicists Research, Mechanical Engineering Research & Development, Physical Science Research & Development, Clinical Laboratory Technicians, Microbiology Research & Development and Chemical Technicians. Standard coding in this coverage includes ISIC-721-Research and experimental development on natural sciences and engineering, NACE-72.19-Other Research And Experimental Development On Natural Sciences And Engineering, NAICS-541710-Research and development in the physical, engineering and life sciences and UNSPSC-80111621-Temporary research and development services.
What common market terminology is included?
Common market terminology included in the Scientific Research & Development Services procurement coverage includes Biotechnology (The study and manipulation of biological processes for application in other scientific objectives.), Life Sciences (The study of living organisms, including biology, physiology, and other related subjects.) and Nanotechnology (The study and manipulation of objects smaller than 100 nanometers (i.e., atoms and molecules) for use across a wide array of scientific and technical applications.).
What companies are included as top suppliers?
The top companies covered in the Scientific Research & Development Services procurement report as suppliers are Syneos Health, Inc., Science Applications International Corporation, Parexel International Corp, Icon Plc and Booz Allen Hamilton Inc..
Opportunity Assessment
What’s included in the Opportunity Assessment chapter?
The Opportunity Assessment chapter provides a comprehensive market analysis of the Scientific Research & Development Services market in the United States category, including buyer power scoring, market pricing trends, vendor landscape, cost structure, and strategic negotiation levers.
The market pricing trends include the Market Price (2026) per hour, a five year price forecast and a supply chain risk score. Vendor coverage includes a market share and cost structure breakdown.
Analysis includes a comprehensive SWOT analysis of and recent developments impacting the Scientific Research & Development Services market environment.
Buyer Power Score
What’s included in the Buyer Power Score chapter?
The Buyer Power Score chapter assesses key components impacting Scientific Research & Development Services procurement including the recent price trend, forecast price trend, availability of substitutes, switching costs, product specialization, average vendor risk, market share concentration, supply chain risk, price driver volatility and recent price volatility.
These components generate a Buyer Power Score that ranges from -5 (strongly favoring sellers) to +5 (strongly favoring buyers) plus a recommended strategy for procurement specialists.
Price Environment
What’s included in the Price Environment chapter?
The Price Environment chapter covers detailed pricing analysis and datasets on Scientific Research & Development Services market environment. This includes insights into market pricing Market Price (2026), price forecasts, volatility, specialization, substitutes and switching costs.
Datasets in the Price Environment chapter include vendor cost structure, breakdowns of wage rates by geography and specialty, key external economic and labor drivers impacting the market and market pricing models.
Supply Chain & Vendors
What’s included in the Supply Chain & Vendors chapter?
The Supply Chain & Vendors chapter covers the concentration, risk and diversity of the Scientific Research & Development Services market. This includes datasets on the market’s top suppliers, detailed analysis on the key sourcing risks and supply chain dynamics, with environmental, social and governance (ESG) considerations and scores.
Business Requirements
What’s included in the Business Requirements chapter?
The Business Requirements chapter covers vendor relationships, qualifications, service level agreements and key performance indicators. These inputs provide insight into the planning process through the buying lead time, vendor relationship and vendor qualifications. The sourcing process include key RFP elements like an organizational overview, project budget, selection criteria, project schedule, proposal format, inventory control, cost containment, regulation, quality control, distribution and key contract clauses.
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Frequently Asked Questions
What is the current market price for Scientific Research & Development Services?
The 2026 benchmark market price for Scientific Research & Development Services is $147 per hour. Prices have increased at a CAGR of 2.88 from 2023-26.
Who are the top vendors in the Scientific Research & Development Services market?
The top vendors in the Scientific Research & Development Services market include Syneos Health, Inc., Science Applications International Corporation, Parexel International Corp, Icon Plc and Booz Allen Hamilton Inc..
What industries supply the Scientific Research & Development Services market?
The top industries supplying the Scientific Research & Development Services market are Chemical Wholesaling in the US, Inorganic Chemical Manufacturing in the US, Organic Chemical Manufacturing in the US, Computer & Packaged Software Wholesaling in the US, Computer Manufacturing in the US, Laboratory Supply Wholesaling in the US, Glass Product Manufacturing in the US and Medical Instrument & Supply Manufacturing in the US.
What is the supply chain risk for Scientific Research & Development Services?
Fragmented market empowers buyers to source specialized scientific talent and advanced capabilities. Low market share concentration in scientific research and development services means buyers can partner with a vast spectrum of organizations, from niche contract research organizations (CROs) and university spinouts to mid-sized applied science consultancies. This diversity lets buyers source leading-edge expertise in everything from molecular biology platform development to AI-driven analytics or materials prototyping, minimizing reliance on a single large provider. Procurement should maximize competitive tension through targeted RFIs, insist on pilot or milestone-based contract terms, and selectively bundle projects to extract better value and innovation.
What factors affect the price of Scientific Research & Development Services?
Quality certifications in scientific research and development services, such as ISO 9001 or GLP (Good Laboratory Practice), enhance a company's credibility and trustworthiness, allowing them to command higher prices due to perceived reliability and adherence to industry standards. The pricing factor is often measured through market surveys and comparative analysis of similar services, where certified firms typically demonstrate a price premium over non-certified competitors, especially when targeting high-stakes clients like pharmaceutical companies and government agencies.
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