Scientific Research & Development Services Industry - Market Size, Trends, and Growth - 2025-2030
Industry Overview
This industry group comprises establishments engaged in conducting original investigation undertaken on a systematic basis to gain new knowledge (research) and/or the application of research findings or other scientific knowledge for the creation of new or significantly improved products or processes (experimental development). Techniques may include modeling and simulation. The industries within this industry group are defined on the basis of the domain of research; that is, on the scientific expertise of the establishment.
Source: U.S. Census BureauMarket Size and Industry Forecast
This research report analyzes the market size and trends in the Scientific Research and Development Services industry. It shows overall market size from 2020 to the present, and predicts industry growth through 2030. Revenues data include both public and private companies.
| Historical | Forecasted |
|---|
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|
| Market Size (Total Revenue) | Included in Report |
| % Growth Rate |
| Number of Companies |
| Total Employees |
| Average Revenue per Company |
| Average Employees per Company |
Source: U.S. government financial dataIndustry Revenue ($ Billions)
Industry Forecast ($ Billions)
Advanced econometric models forecast five years of industry growth based on short- and long-term trend analysis. Market size includes revenue generated from all products and services sold within the industry.
Geographic Breakdown by U.S. State
Market size by state reveals local opportunity through the number of companies located in the region. Each state's growth rate is affected by regional economic conditions. Data by state can be used to pinpoint profitable and nonprofitable locations for Scientific Research & Development Services companies in the United States.
Scientific Research & Development Services Revenue by State
Distribution by Company Size
| Company Size | All Industries | Scientific Research & Development Services |
|---|
| Small Business (< 5 Employees) | Included |
| Small Business (5 - 20) |
| Midsized Business (20 - 100) |
| Large Business (100 - 500) |
| Enterprise (> 500) |
Scientific Research & Development Services Industry Income Statement (Average Financial Metrics)
Financial statement analysis determines averages for the following industry forces:
- Cost of goods sold
- Compensation of officers
- Salaries and wages
- Employee benefit programs
- Rent paid
- Advertising and marketing budgets
The report includes a traditional income statement from an "average" company (both public and private companies are included).
| Industry Average | Percent of Sales |
|---|
| Total Revenue | Included |
| Operating Revenue |
| Cost of Goods Sold (COGS) |
| Gross Profit |
| Operating Expenses |
| Operating Income |
| Non-Operating Income |
| Earnings Before Interest and Taxes (EBIT) |
| Interest Expense |
| Earnings Before Taxes |
| Income Tax |
| Net Profit |
Average Income Statement
Cost of Goods Sold
Salaries, Wages, and Benefits
Rent
Advertising
Depreciation and Amortization
Officer Compensation
Net Income
Financial Ratio Analysis
Financial ratios allow a company's performance to be compared against that of its peers.
| Financial Ratio | Industry Average |
|---|
| Profitability Ratios | Included |
| Profit Margin |
| ROE |
| ROA |
| Liquidity Ratios |
| Current Ratio |
| Quick Ratio |
| Activity Ratios |
| Average Collection Period |
| Asset Turnover Ratio |
| Receivables Turnover Ratio |
| Inventory Conversion Ratio |
Products and Services Mix
Product lines and services in the Scientific Research & Development Services industry accounting for the largest revenue sources.
| Product Description | Description | Revenue
($ Millions) |
|---|
| Industry total | Included |
| Basic & applied research in the physical & engineering sciences |
| Basic & applied research in the life sciences, excluding biotechnology |
| Basic/applied research - other phy sciences, including physics & astro |
| Basic/applied research life sciences, excluding biotec - pharm science |
| Basic & applied research - computer, electrical, & electronic eng |
| Licensing of rights to use intellectual property |
| Basic/applied research in the life sciences - med/health sciences |
| Licensing of rights use intellectual prop - protected industrial |
| Basic & applied research in biotechnology |
Salary information for employees working in the Scientific Research & Development Services industry.
| Title | Percent of Workforce | Bottom Quartile | Average (Median) Salary | Upper Quartile |
|---|
| Management Occupations | 14% | Included |
| Chief Executives | 0% |
| General and Operations Managers | 2% |
| Other Management Occupations | 6% |
| Business and Financial Operations Occupations | 10% |
| Business Operations Specialists | 8% |
| Computer and Mathematical Occupations | 12% |
| Computer Occupations | 10% |
| Software Developers and Programmers | 5% |
| Architecture and Engineering Occupations | 16% |
| Engineers | 13% |
| Life, Physical, and Social Science Occupations | 26% |
| Life Scientists | 11% |
| Medical Scientists | 6% |
| Medical Scientists, Except Epidemiologists | 6% |
| Social Scientists and Related Workers | 20% |
| Miscellaneous Social Scientists and Related Workers | 10% |
| Social Scientists and Related Workers, All Other | 5% |
| Life, Physical, and Social Science Technicians | 8% |
| Social Science Research Assistants | 13% |
| Social Science Research Assistants | 13% |
| Office and Administrative Support Occupations | 9% |
Government Contracts
The federal government spent an annual total of
$35,154,070,133 on the scientific research & development services industry. It has awarded 53,028 contracts to 5,165 companies, with an average value of $6,806,209 per company.
Top Companies in Scientific Research & Development Services and Adjacent Industries
| Company | Address | Revenue
($ Millions) |
|---|
Included |
