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    Home > Active Ingredient News > Drugs Articles > Huge room for import substitution. The local scientific research service market is striving to rise

    Huge room for import substitution. The local scientific research service market is striving to rise

    • Last Update: 2021-09-04
    • Source: Internet
    • Author: User
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    Scientific research services are mainly oriented to universities, scientific research institutions and R&D enterprises.
    They are at the top of the entire R&D chain and involve business sectors such as equipment, reagents, consumables, and supporting services.
    Business needs are diversified, and industry products are complex
    .

    According to statistics, the total national R&D expenditure in 2020 is as high as 2.
    4 trillion yuan, which has maintained a compound growth rate of about 13% in the past five years, and the trend of China's scientific research investment will continue to increase
    .


    Massive R&D investment has spawned a huge demand for related scientific research service products and promoted the development of the domestic scientific research service market


    Market structure of domestic scientific research services

    Market structure of domestic scientific research services

    At present, the domestic scientific research service industry is in its infancy.
    Foreign-funded enterprises have taken a leading position in the market competition.
    The share of foreign-funded products in most sub-tracks has exceeded 80%
    .


    Local scientific research service companies enter the market through independent research and development or agency distribution models to meet the needs of scientific research customers to provide diversified products


    Specifically, in the sub-tracks of scientific research reagents, tool compounds, recombinant proteins, enzymes, etc.
    , the market share of imported products exceeds 80%.
    The main import companies include Merck, Thermo Fisher, Danaher, and Ai Wan Tuo, etc.
    ; local companies occupy a leading position in the domestic market segments such as gene sequencing and mouse models.
    Representative companies include BGI, Berry Gene, and Jicui Yaokang
    .

    Data source: public data collation

    Development Trend of Domestic Research Service Market

    Development Trend of Domestic Research Service Market

    In recent years, domestic relevant encouragement policies have been promulgated one after another.
    Local enterprises in a series of related sub-sectors have benefited from this, and have successively obtained national funding support, such as the research and development of domestic scientific research reagents with independent intellectual property rights, especially in general reagents.
    And the field of high-end and high-purity special reagents; the research and development, engineering and industrialization of high-end general and professional major scientific instruments and equipment
    .


    What has changed subsequently is that the construction of the domestic innovation system has accelerated, laying a solid foundation for the development of the domestic scientific research service market


    At the same time, domestic local companies have gradually increased their R&D investment, have made continuous and high-intensity investment in providing customers with diversified products in keeping with scientific research hotspots, and focused on improving product quality.


    In addition to self-developed products, domestic local companies are also acquiring a rich product line through mergers and acquisitions and expanding their product categories.


    On the whole, the old appearance of small scale and weak financial strength of independent brand production enterprises is gradually changing.


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