State Industry Market Share

NAICS 541714 in VA

R&D in Biotechnology (except Nanobiotechnology) federal spending distribution and active contractor footprint in VA.

VA Market Summary

Verified SAM.gov & FPDS Data

In VA, federal contract obligations under NAICS 541714 (R&D in Biotechnology (except Nanobiotechnology)) reached $1.99B across 505 registered vendors in the most recent fiscal period.

•State Spend: $1.99B

•Active Vendors in VA: 505

•National Market Size: $16.80B

Total State Obligations

$1.99B

Obligated in VA

State Vendor Density

505

Registered contractors

National Market Share

11.8%

Share of total NAICS spend