Scientific Research Services in Australia - Market Research Report

Scientific Research Services industry trends (2014-2019)

poll Average industry growth 2014–2019: 0.3%

The Scientific Research Services industry includes a range of government and private sector organisations operating across many scientific research fields, particularly in medical, health and IT. The industry relies heavily on public sector funding, despite the Australian Government increasingly calling for greater self-funding. Industry firms continue to face greater pressure to generate own-source revenue by raising funds through donations and co-investment with other corporations and governments, and through royalty and licence revenue on intellectual property. Private businesses can also commercialise their research by generating revenue streams after taking developed products to market. These pressures are anticipated to continue over the next f...
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Scientific Research Services industry outlook (2019-2024)

poll Average industry growth 2019-2024: x.xlockPurchase this report or a membership to unlock the average company profit margin for this industry.

Revenue for the Scientific Research Services industry is projected to continue growing at a stable rate over the five years through XXX-XX. Medical research investment is anticipated to rise over the period, with the Federal Government pushing for greater investment in this field. However, this investment will likely come at the expense of renewable energy and other scientific fields, as the government slows or halts funding for some key research institutions. CSIRO's budget is anticipated to increase at a moderate rate over the next five years, with more revenue derived from non-government sources. Furthermore, the Federal Government's Medical Research Future Fund is likely to benefit the industry over the period. Future revenue growth Industry re...
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Scientific Research Services industry statistics

  • attach_money Market Size: $8bn
  • business Number of Businesses: 4,549
  • poll Average Industry Profit Margin: x.x%
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  • supervisor_account Industry Employment: 27,810

Biggest companies in the Scientific Research Services industry

The companies holding the largest market share in the Scientific Research Services in Australia industry include Commonwealth Scientific & Industrial Research Organisation.

  • pie_chart Commonwealth Scientific & Industrial Research Organisation Market Share: x.x%
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What is Scientific Research Services industry?

Industry Definition

Industry organisations undertake research relating to agricultural, biological, physical and social sciences. This research is undertaken for themselves or for other organisations. Federal, state and territory governments provide a large proportion of funding for scientific research.

Industry Products and Services

  • Wholesale trusts
  • Retail unit trusts
  • Cash management trusts
  • Other investment vehicles
  • All Others

Industry Activities

  • Aeronautical research services
  • Agricultural research services
  • Biological and biotechnology research services
  • Economic research services
  • Food research services
  • Industrial research services
  • Medical research services
  • Space tracking research station operation and observatory research services
  • Research farm operation
  • Scientific and social science research services

Market research report - table of contents

Industry Definition

Industry organisations undertake research relating to agricultural, biological, physical and social sciences. This research is undertaken for themselves or for other organisations. Federal, state and territory governments provide a large proportion of funding for scientific research.

Main Activities

  • Aeronautical research services
  • Agricultural research services
  • Biological and biotechnology research services
  • Economic research services
  • Food research services
  • Industrial research services
  • Medical research services
  • Space tracking research station operation and observatory research services
  • Research farm operation
  • Scientific and social science research services

Similar Industries

Additional Resources

Industry Statistics Snapshot

Industry Structure

Executive Summary

Key External Drivers

Capital expenditure by the government can influence investment across a range of related services, including scientific research services. Government agen...
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Capital expenditure by the government
Demand from professional, scientific and technical services
Private research and development expenditure
Total health expenditure

Current Performance

Revenue and funding sources
Research funding trends
Research collaboration
 Chart: Revenue Growth

Industry Outlook

Government research priorities
Research funding trends
 Table: Scientific Research Services in Australia - Market Research Report Industry Revenue Outlook

Industry Life Cycle

Life Cycle Reasons
 Chart: Benchmarking - Scientific Research Services in Australia - Market Research Report Industry Lifecycle vs The Economy

Supply Chain

Key Buying Industries

Pharmaceutical Product Manufacturing in Australia
Defence in Australia
Health Services in Australia
Wired Telecommunications Network Operation in Australia
Wireless Telecommunications Carriers in Australia


Key Selling Industries

Measurement and Other Scientific Equipment Manufacturing in Australia
Environmental Science Services in Australia
Central Government Administration in Australia




Products & Services

Research institutions and organisations in the industry carry out various types of scientific research, including experimental development, applied, strat...
Information technology and engineering industries
Agricultural organisations
Chemical, energy and manufacturing industries
Other sectors
Environmental organisations

Demand Determinants

Industry demand is influenced by government policies that affect assistance provided through funding, tax breaks and other incentives that relate to scien...
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Major Markets

Information technology and engineering industries
Agricultural organisations
Chemical, energy and manufacturing industries
Other sectors
Environmental organisations


 Chart: Major Market Segmentation for the Scientific Research Services in Australia - Market Research Report Industry

International Trade

Business Locations

Chart: Business Locations by State Chart: Business Locations by State

Market Share Concentration

The Scientific Research Services industry has a low level of concentration, with the four largest scientific research organisations expected to account fo...
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Key Success Factors

Cost Structure Benchmarks

Profit, Purchases, Wages, Other Costs
 Chart: Cost Structure Benchmarking – Sector vs Scientific Research Services in Australia - Market Research Report

Basis of Competition

Internal competition
External competition

Barriers to Entry

 Table: Barriers to Entry Checklist for the Scientific Research Services in Australia - Market Research Report Industry

Industry Globalization

The Commonwealth Scientific and Industrial Research Organisation (CSIRO) is an independent statutory authority and the largest scientific research organis...
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CSIRO

 Table: CSIRO - financial performance

Capital Intensity

The industry has a moderate capital intensity level due to its medium wage costs and capital requirements. Capital investment is required to improve effic...
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 Chart: Level of Capital Intensity for the Scientific Research Services in Australia - Market Research Report Industry
 Chart: Tools of the Trade: Growth Strategies for Success

Technology & Systems

Revenue Volatility

Chart: Volatility vs Industry Growth Chart: Volatility vs Industry Growth

Regulation & Policy

Industry Assistance

Table: Industry data Table: Industry Data for the Scientific Research Services in Australia Industry

Industry Revenue (2007-2025)
Industry Gross Product (2007-2025)
Establishments (2007-2025)
Businesses (2007-2025)
Employment (2007-2025)
Exports (2007-2025)
Imports (2007-2025)
Wages (2007-2025)
Domestic Demand (2007-2025)

Table: Annual Percentage Change for Key Industry Data Table: Annual Percentage Change for Key Industry Data

Table: Key Ratios for Industry Key Dat Table: Key Ratios for Industry Key Data

Table: Industry Financial Ratios Table: Industry Financial Ratios

Liquidity Ratios
Coverage Ratios
Leverage Ratios
Operating Ratios
Cash Flow & Debt Service Ratios (% of Sales)
Assets, %
Liabilities, %

CSIRO

GRANT

NHMRC

R&D

STEM

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Included in Report

  • Industry Financial Ratios
    Industry Financial Ratios
  • Revenue Forecasts
    Revenue Forecasts
  • Historical and Forecast Growth
    Historical and Forecast Growth
  • Industry Market Size
    Industry Market Size
  • Industry Major Players
    Industry Major Players
  • Profitability Analysis
    Profitability Analysis
  • SWOT Analysis
    SWOT Analysis
  • Industry Trends
    Industry Trends
  • Industry Operating Conditions
    Industry Operating Conditions
  • Porter's 5 Forces Analysis
    Porter's 5 Forces Analysis

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This report on Scientific Research Services in Australia:

  • Provides Market Size information to assist with planning and strategic decisions.
  • Includes the necessary information to perform SWOT, PEST and STEER analysis.
  • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
  • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.

The Scientific Research Services in Australia market research report includes:

  • Historical data and analysis for the key drivers of this industry
  • A five-year forecast of the market and noted trends
  • Detailed research and segmentation for the main products and markets
  • An assessment of the competitive landscape and market shares for major companies
  • And of course, much more

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