Research and Development Services in Korea Rep of - Sic Code 8731 (3,228 Companies)
Organizations involved in conducting research and experimental development in the fields of physical and biological sciences. These entities focus on creating new knowledge and applying scientific principles to innovate and solve complex challenges.
Among the companies & organizations operating in this sic code are Research and Development Companies, Biotech Firms, Pharmaceutical Research Companies, Scientific Research Services and Innovation Labs.
Top 25 Largest Companies companies in Commercial Physical and Biological Research Industry
This industry primarily operates on a B2B model, providing services to corporations, government agencies, and educational institutions. Key decision makers include R&D directors, innovation managers, and scientific officers, while the industry is dynamic with rapid growth in biotech and pharmaceuticals, driven by technological advancements and increased funding from both private and public sectors.
Industry Statistics
The total number of companies in Commercial Physical and Biological Research is 3,228
Company Size Distribution in Commercial Physical and Biological Research Industry
The distribution of companies by employee count shows that the majority (3,141) have between 1 and 100 employees.
Revenue Distribution in Commercial Physical and Biological Research Industry
The distribution of companies by annual revenue shows that 149 companies have revenue between $1 million and $5 million.
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Top cities in Korea Rep of in Commercial Physical and Biological Research
| # | Country | Number of companies | Percentage |
|---|---|---|---|
| 1 | Seoul | 1,278 | |
| 2 | Daejeon | 186 | |
| 3 | Seongnam | 166 | |
| 4 | Busan | 125 | |
| 5 | Yongin Gun | 118 | |
| 6 | Suwon | 111 | |
| 7 | Incheon | 99 | |
| 8 | Daegu | 82 | |
| 9 | Hwaseong | 62 | |
| 10 | Cheongju | 57 | |
| 11 | Chuncheon | 51 | |
| 12 | Gwangju | 51 | |
| 13 | Jeonju | 46 | |
| 14 | Anyang | 40 | |
| 15 | Goyang Si | 39 | |
| 16 | Cheonan | 28 | |
| 17 | Gimhae | 24 | |
| 18 | Jeju | 24 | |
| 19 | Pohang | 24 | |
| 20 | Ulsan | 24 | |
| 21 | Wonju | 24 | |
| 22 | Bucheon | 22 | |
| 23 | Namyangju | 22 | |
| 24 | Sejong | 22 | |
| 25 | Ansan | 21 |
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