Research and Development in the Physical, Engineering, and Life Sciences - Market Size, Financial Statistics, Industry Trends

Industry Overview

This industry comprises establishments primarily engaged in conducting research and experimental development in the physical, engineering, and life sciences, such as agriculture, electronics, environmental, biology, botany, biotechnology, computers, chemistry, food, fisheries, forests, geology, health, mathematics, medicine, nanotechnology, oceanography, pharmacy, physics, veterinary, and other allied subjects. Cross-References. Establishments primarily engaged in--
Source: U.S. Census Bureau

Research and Development in the Physical, Engineering, and Life Sciences Market Size

This report includes historical and forecasted market sizes and industry trends for Research and Development in the Physical, Engineering, and Life Sciences. It reveals overall market dynamics from 2020 through the present, and predicts industry growth or shrinkage through 2030. Revenue data include both public and private companies in the Research and Development in the Physical, Engineering, and Life Sciences industry.

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 data

Industry Revenue ($ Billions)

Research and Development in the Physical, Engineering, and Life Sciences Industry Market Size
  • 2018
  • 2019
  • 2020
  • 2021
  • 2022
  • 2023
  • 2024

Industry Forecast ($ Billions)

Research and Development in the Physical, Engineering, and Life Sciences Industry Forecast
  • 2024
  • 2025
  • 2026
  • 2027
  • 2028
  • 2029
  • 2030


Pell Research's advanced econometric models forecast five years of industry growth based on short- and long-term trend analysis. Market size statistics include revenue generated from all products and services sold within the Research and Development in the Physical, Engineering, and Life Sciences industry.

Geographic Breakdown by U.S. State

Research and Development in the Physical, Engineering, and Life Sciences market share by state pinpoints local opportunities based on regional revenue statistics. Growth rate for each state is affected by regional economic conditions. Data by state can be used to locate profitable and nonprofitable locations for Research and Development in the Physical, Engineering, and Life Sciences companies in the United States.

Industry Revenue by State [Sample]

Market Size by State

Distribution by Company Size

Company Size All Industries Research and Development in the Physical, Engineering, and Life Sciences
Small Business (< 5 Employees)

Included

Small Business (5 - 20)
Midsized Business (20 - 100)
Large Business (100 - 500)
Enterprise (> 500)

Industry Income Statement (Average Financial Metrics)

Financial statement analysis determines averages for the following industry forces:
The report includes a traditional income statement from an "average" Research and Development in the Physical, Engineering, and Life Sciences 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

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 RatioIndustry 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 Research and Development in the Physical, Engineering, and Life Sciences 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

Compensation and Salary Surveys

Salary information for employees working in the Research and Development in the Physical, Engineering, and Life Sciences industry.

TitlePercent 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 11%
Software Developers and Programmers 5%
Architecture and Engineering Occupations 17%
Engineers 14%
Life, Physical, and Social Science Occupations 25%
Life Scientists 12%
Medical Scientists 7%
Medical Scientists, Except Epidemiologists 7%
Life, Physical, and Social Science Technicians 7%
Office and Administrative Support Occupations 9%

Government Contracts

The federal government spent an annual total of $34,140,828,652 on the Research and Development in the Physical, Engineering, and Life Sciences industry. It has awarded 50,664 contracts to 4,633 companies, with an average value of $7,369,054 per company.

Top Companies in Research and Development in the Physical, Engineering, and Life Sciences and Adjacent Industries

Company Address Revenue
($ Millions)

Included