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Global Scientific Research and Development Services Market Report 2022: Market is Expected to Reach $1292.01 Billion in 2026 – Forecast to 2031 – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “Scientific Research And Development Services Global Market Report 2022” report has been added to ResearchAndMarkets.com’s offering.

The global scientific research and development services market is expected to grow from $725.56 billion in 2021 to $822.49 billion in 2022 at a compound annual growth rate (CAGR) of 13.4%. The market is expected to reach $1292.01 billion in 2026 at a CAGR of 12.0%.

Major companies in the scientific research and development services market include IQVIA Holdings Inc., Battelle Memorial Institute, Defense Advanced Research Projects Agency, Lawrence Livermore National Laboratory LLC, Charles River Laboratories, Inc., Frog design, Lawrence Berkeley National Lab, Jackson Laboratory, Piramal Group and WuXi AppTec Co Ltd.

The scientific research and development services market consists of the sales of scientific research and development services and related goods by entities (organizations, sole traders and partnerships) that engage in research and experimental development on a contract, consultancy or outsourced basis in areas such as biotechnology, the physical sciences, engineering sciences, life sciences and social sciences.

Scientific research and development services establishments undertake processes where human capital is the major input. They make available the knowledge and skills of their employees, often on an assignment basis, where an individual or team is responsible for the delivery of services to the client. The scientific research and development services market is segmented into social sciences and humanities services; physical, engineering, and life sciences; nanotechnology services and biotechnology services.

North America was the largest region in the scientific research and development services market in 2021. Asia Pacific was the second largest region in the scientific research and development services market. The regions covered in this report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

The scientific research and development services market is expected to grow rapidly due to increasing lifestyle and chronic diseases. This is mainly due to unhealthy lifestyles, growing aging population, rising inactivity and obesity. According to the World Health Organization, chronic disease prevalence reached 57% globally, in 2020.

China and India together had about 193.4 million diabetic patients in 2019 and India is expected to have about 101 million diabetic patients by 2030. In the field of mental health, the World Health Organization predicts that one in every four people are affected by a type of mental disorder, such as, depression, schizophrenia and anxiety in the future. In response to this, national governments across the globe are rapidly increasing their medical research expenditure.

For instance, China’s medical research spending has increased and reached $1 trillion in 2020. Therefore, increasing investment for medical research to treat chronic diseases is further driving the demand for scientific research and development services.

4D printing has evolved from 3D printing with an additional feature of changing the geometrical shape and mechanical properties, with time being integrated as an additional fourth dimension. One of the major drawbacks of 3D printing is it can only take the shape in which it was originally made and is static and inanimate.

Now with the latest development of 4D printing, objects can now be made with responsive materials with certain inherent properties that can change or transform in response to external stimuli. It has widespread applications in medical science such as tissue regeneration in biomedical field.

For example, printed micro tissue from bio ink can undergo maturation via cellular coating to form functional tissue constructs such as engineered tissue constructs. Major biotechnology research companies using 4D bio printing technology include Poietis, Biolife4D and Precise Bio.

Key Topics Covered:

1. Executive Summary

2. Report Structure

3. Scientific Research And Development Services Market Characteristics

3.1. Market Definition

3.2. Key Segmentations

4. Scientific Research And Development Services Market Product Analysis

4.1. Leading Products/ Services

4.2. Key Features and Differentiators

4.3. Development Products

5. Scientific Research And Development Services Market Supply Chain

5.1. Supply Chain

5.2. Distribution

5.3. End Customers

6. Scientific Research And Development Services Market Customer Information

6.1. Customer Preferences

6.2. End Use Market Size and Growth

7. Scientific Research And Development Services Market Trends And Strategies

8. Impact Of COVID-19 On Scientific Research And Development Services

9. Scientific Research And Development Services Market Size And Growth

9.1. Market Size

9.2. Historic Market Growth, Value ($ Billion)

9.2.1. Drivers Of The Market

9.2.2. Restraints On The Market

9.3. Forecast Market Growth, Value ($ Billion)

9.3.1. Drivers Of The Market

9.3.2. Restraints On The Market

10. Scientific Research And Development Services Market Regional Analysis

10.1. Global Scientific Research And Development Services Market, 2021, By Region, Value ($ Billion)

10.2. Global Scientific Research And Development Services Market, 2016-2021, 2021-2026F, 2031F, Historic And Forecast, By Region

10.3. Global Scientific Research And Development Services Market, Growth And Market Share Comparison, By Region

11. Scientific Research And Development Services Market Segmentation

11.1. Global Scientific Research And Development Services Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

11.2. Global Scientific Research And Development Services Market, Segmentation By End User Size, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

11.3. Global Scientific Research And Development Services Market, Segmentation By Mode, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

12. Scientific Research And Development Services Market Metrics

12.1. Scientific Research And Development Services Market Size, Percentage Of GDP, 2016-2026F, Global

12.2. Per Capita Average Scientific Research And Development Services Market Expenditure, 2016-2026F, Global

Companies Mentioned

For more information about this report visit https://www.researchandmarkets.com/r/jqkjfl.

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