Economic Impact of Health Research

Investment in Research and Development by Funding Source (2010)

Source of R&D Funding

Investment

State Rank

Federal Government

$6,320,000,000

5

Industry

$8,126,000,000

9

Universities

$953,000,000

2

Total*

$15,399,000,000

7

*Note that the total does not include estimates for philanthropic funding. Philanthropic funding, including that by voluntary health organizations, is not available on a state by state basis.

Source: National Science Foundation, Science & Engineering Indicators, 2014

Population (2013)

New York

Residents

State Rank

Population, July 1, 2013

19,651,127

3

Source: U.S. Census Bureau

Statistics for research-driven health industries (2012)

Industry

Employment

Annual Salary

Pharmaceutical

174,534

$74,612

Medical Device

43,224

$65,600

Research, Testing, and Laboratories

61,118

$77,055

Overall Private Sector

7,155,170

$64,080

Source: Battelle and Biotechnology Industry Organization (BIO), Battelle/BIO State Bioscience Jobs, Investments and Innovation, 2014



United for Medical Research's 2014 study, shows that in 2013 NIH invested $1.9 billion in New York, supporting 31,618 jobs.



For more information about NIH funding in New York, please see the Federation of American Societies for Experimental Biology’s fact sheet here.