The private non-profit expenditure on R&D in the US is projected to increase at a modest pace from 2024 to 2028, with values ranging from $159.88M to $161.77M. The increase from 2024 to 2025 is 0.4%, from 2025 to 2026 is 0.3%, from 2026 to 2027 is 0.25%, and from 2027 to 2028 is 0.2%. Despite these modest year-over-year growth percentages, the compound annual growth rate (CAGR) over the five-year period is anticipated to be around 0.3%.
Looking ahead, factors to watch for include the impact of economic conditions on donor funding, potential shifts in government policies influencing non-profit sectors, and competition for talent and resources that could drive innovation and efficiencies in R&D endeavors.
