Emerging Markets
Growing Inventory
Source: Cushman & Wakefield Research
*Inventory is manufacturing
Expanding inventory can serve as a catalyst for innovation in the life sciences field. As access to additional state-of-the-art labs and research facilities increases, firms will be able to leverage this new infrastructure to expedite development.
Increasing inventory in emerging markets frequently offers a cost-effective edge for life sciences companies. In contrast to established hubs, rental and real estate operation expenses are often lower in emerging markets.
Key Takeaway: The inventory pipeline is indicative of a market that’s well positioned for future growth.
Public and Private Fund Attraction
Source: Pitchbook
The inflow of public and private funding in emerging markets indicates long-term investor enthusiasm, spurring swift infrastructure expansion, bolstering fledgling startups, and propelling research initiatives forward.
Investors recognize the potential for high returns and the advantage gained by being an early mover, such as establishing a strong presence before competition intensifies.
Investments and incentives provided by the public sector are pivotal in fostering the growth of emerging life sciences markets. Through grants, tax incentives and infrastructure development, these markets are reinforced as appealing destinations for life sciences innovation.
Key Takeaway: Public and private funding fuels growth in emerging markets by driving infrastructure expansion, propelling startups and pushing research initiatives forward.
High Growth in Employment
Source: Lightcast
Emerging markets offer a talent acquisition advantage to larger hub markets, as researchers, scientists and industry experts are often willing to relocate for lower costs of living.
In turn, life sciences companies can reduce expenses by avoiding salaries needed to offset the higher living costs.
Firms in emerging markets can also benefit by leveraging an untapped talent pool of science, technology, engineering and mathematics professionals who can be hired at competitive rates.
Key Takeaway: Employment growth demonstrates the capacity of an emerging market to fulfill the talent requirements of life sciences companies.
Growth in Bio-Degree Awards
Strong growth in life sciences degrees indicates a market's commitment to the sector and helps to create an infrastructure necessary for flourishing life sciences hubs.
Elevated enrollment in life sciences degrees drives additional funding, research and lab facilities for the university, as additional resources are needed to offset the rising student population.
This investment helps foster a dynamic research environment, attracting life sciences companies as they collaborate with academia.
The growing pipeline of applicable degrees also provides increased access to young talent for companies.
Key Takeaway: The rise in degree awards yields two main advantages: an influx of skilled talent, and an increase in public and private collaboration.
