IncFact
Company Profiles: Revenue, Growth, Competition

Scientific Research & Development Services Industry

NAICS: 5417

Contents

.Scientific Research & Development Services Market Share: Largest Companies in the Scientific Research & Development Services Industry

Company HeadquartersRevenue ($ MM)
QUINTILESDurham, NC100 
SYNEOS HEALTH (NASDAQ: INCR)Raleigh, NC53 
ALEXION PHARMACEUTICALS (NASDAQ: ALXN)New Haven, CT47 
LEIDOS HOLDINGS (NYSE: LDOS)Reston, VA42 
CEPHALONFrazer, PA37 
NATIONAL TECHNOLOGY & ENGINEERING SOLUTIONS OF SANDIAAlbuquerque, NM34 
VERTEX PHARMACEUTICALS (NASDAQ: VRTX)Boston, MA32 
ILLUMINA (NASDAQ: ILMN)San Diego, CA31 
BECHTEL MARINE PROPULSIONWest Mifflin, PA24 
COHERENT (NASDAQ: COHR)Santa Clara, CA24 
COVANCEPrinceton, NJ23 
BIOMERIEUXDurham, NC21 


See exact company revenues in this list


This is a list of the largest companies active in the Scientific Research & Development Services industry. This differs from market share in the following example: One business with revenues of $100 million generates 10% of its business from the Scientific Research & Development Services industry. A second firm, with revenues of $20 million, generates all of its business from this industry. In our list, we show the businesses having revenues of $100 million and $20 million, respectively. However, the market share would compare the $10 million in industry-specific revenue to the $20 million: the second company has twice the market share even though it is "smaller" in size.


.Additional Companies Operating in the Scientific Research & Development Services Industry

Company HeadquartersRevenue ($ MM)
CVS HEALTH (NYSE: CVS)Woonsocket, RI100 
BOEING (NYSE: BA)Seattle, WA51 
HONEYWELL INTERNATIONAL (NYSE: HON)Phoenix, AZ23 
SCHLUMBERGER TECHNOLOGY (NYSE: SLB)Houston, TX17 
MICRON TECHNOLOGY (NASDAQ: MU)Boise, ID16 
ELI LILLY (NYSE: LLY)Indianapolis, IN12 
GILEAD SCIENCES (NASDAQ: GILD)Foster City, CA11 
LOCKHEED MARTIN GLOBAL OS (NYSE: LMT)Bethesda, MD9 




.Growth: Fastest Growing Scientific Research & Development Services Companies

A list of competitors in the Scientific Research & Development Services industry that are rapidly expanding. Businesses may grow organically or through acquisition. Typically, small or midsized companies are in "growth" mode and can expand more rapidly. However, large businesses may have the strategy and financial capabilities to scale rapidly. Businesses that employ a "roll-up" strategy make multiple acquisitions of smaller businesses to form a single large corporation that controls a greater market share than its competitors and benefits from economies of scale.

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. Latest Scientific Research & Development Services Trademark Applications

Trademark applications show the direction a company's marketing strategy is headed. Trademarks may include brand names, product names, logos, and slogans. This list identifies companies that are investing in new products or developing new marketing strategies.

Company TrademarkApplication Date
Bruin Biometrics BIOCAPACITANCE
Hand-held, portable tissue sensor device that detects early pressure-induced tissue damage and deep tissue injury
03/03/2019
Innovein INNOVEIN
Medical devices, namely, catheters, stents, valves, and devices to treat vein and cardiovascular disease
03/01/2019
Production Products Manufacturing & Sales UTILIDYNE
Transmission, distribution, substation, OEM and telecommunications products and equipment for utilities
02/27/2019
Glint Photonics GLINT LIGHTING
02/27/2019


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.Small Business Financing

Small businesses that have received financing may expand soon. Financing may be required for capital-intensive investments, such as real estate or equipment purchases. Scientific Research & Development Services businesses may use the financing to cover startup expenses or the costs of hiring new employees. Loans differ from equity investments in the level of risk that is expected: loans frequently have collateral either directly or implicitly through the business or the owners that ensure repayment. Equity investment has the possibility for much greater returns, but offers no guarantee the principle will be repayed. Convertible securities combine the two concepts, but is used by private-equity firms rather than main street startups.

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. Venture Funding

These Scientific Research & Development Services companies are actively raising capital from venture capital firms, private equity, or other investors. Businesses with venture funding generally have higher growth prospects, either through bringing new concepts to market, using innovative business practices, or savvy management.

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