Scientific Research & Development in the US

Aged come to the rescue with a storm

The election of a Democratic Part President is likely to result in lower spending on defense research which has been an important factor contributing this industry's performance over the past five years. However, a forecast increase in the aged population will increase demand for medical and pharmaceutical products and related research. Also, high international oil prices and the devastating effects of recent hurricanes will increase pressure on administrations to tackle environmental problems, such as global warming, not to mention lack of access to oil reserves.

This industry comprises establishments primarily engaged in conducting research and experimental development in the physical, engineering, or life sciences, such as agriculture, electronics, environmental, biology, botany, biotechnology, computers, chemistry, food, fisheries, forests, geology, health, mathematics, medicine, oceanography, pharmacy, physics, veterinary, and other allied subjects. This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.