Scientific Research Services in New Zealand - Industry Market Research Report

Scientific Research Services in New Zealand - Industry Market Research Report

Scientific Research Services in New Zealand

The Scientific Research Services industry has performed well over the past five years due to favourable funding and demand conditions in most years. Greater capital expenditure by the government has boosted the capital available for a range of scientific research services carried out by industry organisations, including research into the COVID-19 virus, potential vaccines, and other related factors from late 2019-20 through 2021-22. The Central Government's (Te Kawanatanga o Aotearoa) Crown Research Institutes (CRIs) have also expanded their partnerships with the private sector. Encouraged by the Research and Development Tax Incentive (RDTI), the majority of growth has been driven by commercial contracts.

Industry operators primarily provide environmental, agricultural, physical, biological, social and other scientific research services. Organisations in the industry carry out this research for themselves and for other entities. University research institutions are excluded from the industry.

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.