Academic institutes play an important role in R&D activities when it comes to the pharmaceutical and chemical sectors. Various research centers and government organizations have collaborated with academic institutes for the development of new medications for the treatment of cancer, cardiovascular diseases, metabolic diseases, lysosome storage diseases, and impaired metabolic pathways, among others. Academic research laboratories play an essential role in the development of medical products and are largely supported by local government authorities. As per the National Center for Science and Engineering Statistics, higher education institutes account for approximately 13% of the total USD 580 billion spent on R&D in the U.S.
Table: R&D Expenditures at Universities and Colleges, by Field, 2016
By Field |
Total Expenditures |
Federal Expenditures |
Computer and information sciences |
2,078 |
1,443 |
Geosciences, atmospheric sciences, and ocean sciences |
3,088 |
1,993 |
Life sciences |
40,888 |
21,798 |
Mathematics and statistics |
682 |
444 |
Physical sciences |
4,894 |
3,287 |
Psychology |
1,219 |
761 |
Social sciences |
2,367 |
899 |
Sciences nec |
1,077 |
465 |
Engineering |
11,382 |
6,583 |
Non-S&E |
4,161 |
1,120 |
North America to Hold Substantial Share in the Global Beaker Market
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North America is the frontrunner when it comes to technological development on account of the continuous spending on the research activities. Healthcare infrastructure in North America, especially in the U.S., is considered as one of the most developed healthcare infrastructures in the world. Rising demand for beakers for R&D activities across the academic level as well as industrial-scale drives the regional market. The region is also backed by the presence of the largest beaker manufactures as well as the largest suppliers of raw materials, including borosilicate glass. Surging demand for central laboratory services, including advanced diagnostics, routine, and safety analysis, is likely to fuel the research activities in the healthcare sector in North America.
Key Players
Beaker Market: Segmentation
By Material
By Construction
By End-User
By Region
North America
Europe
Asia-Pacific
Central and South America and the Caribbean
The Middle East
Africa
" Crucial Insights The Report Provides:"
* Known and Unknown Adjacencies Influencing the Growth of Market
* Explorable Revenue Sources
* Customer Behaviour Analysis
* Target Partners
* Customized Geographical Data Based on Customers as well as Competitors
* Analysis of Market Size and CAGR between the Forecast Periods