Research Lab Budgets Grew 18% This Year, Says Science and Medicine Group Survey
ARLINGTON, Va., March 31, 2022 /PRNewswire-PRWeb/ -- A new survey of scientists at global research laboratories finds that the median lab budget globally will increase by over eighty thousand dollars this year to accommodate inflation and new scientific project needs. The survey, Lab Budgets and Funding Sources Survey 2022, published by SDI, part of Science and Medicine Group, finds that budgets are impacted by increased costs as a result of inflation and supply chain constraints. North American lab budgets were nearly double the size of European budgets. Lab budgets among APAC respondents were much smaller than other regions.
- The survey, Lab Budgets and Funding Sources Survey 2022 , published by SDI, part of Science and Medicine Group, finds that budgets are impacted by increased costs as a result of inflation and supply chain constraints.
- North American lab budgets were nearly double the size of European budgets.
- Lab budgets among APAC respondents were much smaller than other regions.
- To prepare the SDI Lab Budgets and Funding Sources Survey 2022, a survey was fielded between December and February in which 544 respondents were asked about their lab budgets and spending plans for 2021 and 2022.