Scientific research and development Companies Across Nordics

The Scientific research and development industry across the Nordic region comprises 10,317 companies across 3 subindustries, spanning Finland, Sweden, Denmark, and Norway.

What distinguishes this market is its diverse composition, with the three largest subindustries being Other research and other development work in natural science and technology, Research and development work within biotechnology, Research and development work within social sciences and humanities. Together, these segments represent the core of the Nordic scientific research and development sector.

How Do We Source This Data ?

PRH (Finland), Bolagsverket (Sweden), CVR (Denmark), Brønnøysund (Norway). Combined with public data scraped online.

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Summary and Key Data Points for Scientific research and development Companies in the Nordic Region

    Total number of companies: 10,317

    Number of subindustries: 3

    Largest subindustry: 72.190 Other research and other development work in natural science and technology (5,842 companies, 56.6%)

    Second largest: 72.110 Research and development work within biotechnology (2,782 companies)

    Third largest: 72.200 Research and development work within social sciences and humanities (1,693 companies)

    Most common company size: 1-10 employees (93.4% of companies)

    Large companies (€10M+ revenue): 141 companies

    Most common revenue range: 0-100k (79.6%)

Country Breakdown for Scientific research and development

Distribution of scientific research and development companies across the Nordic countries:

Companies

CountryCompanies% of NordicLarge (€10M+)% of Country Total
Finland2,20421.4%220.3%
Sweden3,80036.8%610.39%
Denmark2,19521.3%250.24%
Norway2,11820.5%330.22%
TOTAL10,317100%141

Company Size Analysis of the Scientific research and development Industry in the Nordic Region by Employee Count

Detailed breakdown of company sizes by employee count across all Nordic countries:

Companies

Employee RangeCompaniesPercentage
Over 500140.1%
200-500200.2%
100-200570.6%
50-991091.1%
11-494854.7%
1-109,63293.4%
TOTAL10,317100%

Three Key Insights for Salespeople Targeting This Group

  1. Micro-business dominance: The vast majority (93.4%) of companies have 1-10 employees. Sales strategies should focus on simplified, cost-effective solutions suitable for small teams with limited IT resources.
  2. Enterprise opportunity: There are 91 companies with 100+ employees representing high-value accounts with larger budgets and more complex needs.
  3. Mid-market segment: The 594 companies in the 11-99 employee range often represent the best growth potential – established enough to invest, yet still agile in decision-making.

Revenue Distribution of Scientific research and development Companies in the Nordic Region

Breakdown of companies by annual revenue across all Nordic countries:

Companies

Revenue Range (EUR)CompaniesPercentage
Over 100M160.2%
10M-100M1251.2%
1M-10M5915.7%
500k-1M3073.0%
200k-500k5175.0%
100k-200k5485.3%
0-100k8,21379.6%
TOTAL10,317100%

Three Key Insights for Salespeople Targeting This Group

  1. High-value targets: 141 companies generate €10M+ in annual revenue, representing premium prospects with significant purchasing power.
  2. Growth segment: The 591 companies in the €1M-10M range are often scaling rapidly and actively investing in tools and services.
  3. Volume opportunity: The 0-100k segment (79.6% of companies) offers significant volume potential with appropriate pricing models.

Top 50 Scientific research and development Companies in the Nordic Region

The following table lists the top 50 companies based on revenue tier, including their country:

Companies

#Company NameCountryWebsiteRevenueEmployees
1Amgen AktiebolagSwedenamgen.seOver 100M100-200
2Autoliv Development AktiebolagSwedenautoliv.comOver 100M11-49
3Danisco Sweeteners OyFinlandiff.comOver 100M100-200
4Everllence, filial af Everllence SE, TYSKLANDDenmarkOver 100MOver 500
5FERRING PHARMACEUTICALS A/SDenmarkferring.inOver 100MOver 500
6Gambro Lundia ABSwedenbaxter.seOver 100M100-200
7Huawei Technologies Sweden ABSwedenhuawei.comOver 100M100-200
8Karo Healthcare ABSwedenkaropharma.seOver 100M100-200
9Nokia Technologies OyFinlandnokia.comOver 100M200-500
10Olink Proteomics ABSwedenolink.comOver 100M200-500
11Oura Health OyFinlandouraring.comOver 100M200-500
12RISE Research Institutes of Sweden ABSwedenri.seOver 100MOver 500
13TFS Trial Form Support International ABSwedentfscro.comOver 100M1-10
14Teknologian tutkimuskeskus VTT OyFinlandvttresearch.comOver 100MOver 500
15Volvo Technology ABSwedenvolvo.comOver 100MOver 500
16Zeekr Technology Europe ABSwedencevt.seOver 100MOver 500
173SHAPE A/SDenmark3shape.com10M-100MOver 500
18ACCORD Healthcare OyFinlandaccord-healthcare.com10M-100M11-49
19ALCATEL SUBMARINE NETWORKS NORWAY ASNorwaysubseanetworks.com10M-100M50-99
20AddSecure Smart Transport ABSwedenvehco.com10M-100M50-99
21Advantice Health ABSwedenadvanticehealth.com10M-100M1-10
22Affibody ABSwedenaffibody.se10M-100M50-99
23Albireo ABSwedenalbireopharma.com10M-100M11-49
24Anocca ABSwedenanocca.com10M-100M50-99
25Antaros Medical ABSwedenantarosmedical.com10M-100M100-200
26AstaZero ABSwedenastazero.com10M-100M11-49
27Atlas Antibodies ABSwedenatlasantibodies.com10M-100M50-99
28Autoliv Sverige AktiebolagSwedenautoliv.com10M-100M200-500
29BANG & OLUFSEN A/SDenmarkbang-olufsen.com10M-100M100-200
30BARCO FREDRIKSTAD ASNorwaybarco.com10M-100M11-49
31BONE SUPPORT ABSwedenbonesupport.com10M-100M11-49
32BioLamina ABSwedenbiolamina.com10M-100M50-99
33Biotage Sweden ABSwedenbiotage.com10M-100M50-99
34Bittium Wireless OyFinlandbittium.com10M-100M200-500
35CARLSBERG A/SDenmark10M-100M100-200
36CICERO Senter for klimaforskningNorway10M-100M100-200
37CTC Clinical Trial Consultants ABSwedenctc-ab.se10M-100M100-200
38Calliditas Therapeutics ABSwedencalliditas.se10M-100M50-99
39Canatu Finland OyFinlandcanatu.com10M-100M100-200
40Carmeda ABSwedencarmeda.se10M-100M50-99
41CellaVision ABSwedencellavision.com10M-100M100-200
42Charles River Discovery Research Services Finland OyFinlandcriver.com10M-100M100-200
43Chr Michelsens Institutt for Videnskap og åndsfrihetNorwaycmi.no10M-100M50-99
44Creo Center OyFinlandcreocenter.fi10M-100M100-200
45Cytiva Finland OyFinlandcytivalifesciences.com10M-100M11-49
46DHI A/SDenmarkdhigroup.com10M-100M200-500
47Danmarks Meteorologiske InstitutDenmarkdmi.dk10M-100M200-500
48Dansk Institut for Internationale Studier (DIIS)Denmarkdiis.dk10M-100M100-200
49De Nationale Geologiske Undersøgelser for Danmark og GrønlandDenmarkgeus.dk10M-100M200-500
50Det Nationale Forskningscenter for ArbejdsmiljøDenmarkwww.nfa.dk10M-100M100-200

Subindustries within Scientific research and development in the Nordic Region

The Scientific research and development industry in the Nordic region is divided into 3 distinct subindustries:

SubindustryCompaniesPercentage
72.190 Other research and other development work in natural science and technology5,84256.6%
72.110 Research and development work within biotechnology2,78227.0%
72.200 Research and development work within social sciences and humanities1,69316.4%

The Scientific research and development industry in the Nordic region is dominated by Other research and other development work in natural science and technology, representing 56.6% of all companies. Research and development work within biotechnology follows with 27.0% of companies.

Types of Scientific research and development Companies in the Nordic Region

Distribution of company legal forms across all Nordic countries:

Company TypeCountPercentage
Limited Company (AB)2,80727.2%
Limited Company1,52814.8%
Sole proprietorship1,08410.5%
Private limited company9118.8%
Sole Proprietor6286.1%
Sole Proprietorship5905.7%
Stock company1641.6%
Public Limited Company1531.5%
Personally Owned Small Business1221.2%
General Partnership840.8%

Key Insights for the Scientific research and development Industry in the Nordic Region

Key Insights;

Market overview:

With 10,317 companies across four countries, this represents a substantial B2B opportunity in the Nordic scientific research and development sector.

Geographic distribution:

Sweden leads with 3,800 companies (36.8%), followed by Finland (21.4%), Denmark (21.3%), and Norway (20.5%).

Target audience:

The dominant company form is Limited Company (AB) (27.2%), which typically indicates established businesses with formal structures and decision-making processes.

Specialization opportunity

The top three subindustries (Other research and other development work in natural science and technology, Research and development work within biotechnology, Research and development work within social sciences and humanities) together account for a significant portion of the market, suggesting strong potential for industry-specific solutions.

Summary: Selling Successfully to Scientific research and development Companies in the Nordic Region

The Nordic scientific research and development market offers diverse opportunities across four countries with distinct but complementary business cultures.

  • Focus on scalable solutions that work for 1-10 employee companies while having upsell paths for larger enterprises.
  • Target the 141 high-revenue companies (€10M+) for premium offerings and strategic partnerships.
  • Consider country-specific approaches – each Nordic market has unique regulatory and business culture nuances.
  • The scientific research and development sector is specialized – tailor your approach to specific subindustries like Other research and other development work in natural science and technology (5,842 companies) for better resonance with potential clients.

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Frequently Asked Questions about the Scientific research and development Industry in the Nordic Region

How many scientific research and development companies are there in the Nordic region?

There are 10,317 scientific research and development companies across Finland, Sweden, Denmark, and Norway.

Which Nordic country has the most scientific research and development companies?

Sweden has the most with 3,800 companies (36.8% of the Nordic total).

What is the largest subindustry within scientific research and development in the Nordic region?

The largest subindustry is 72.190 Other research and other development work in natural science and technology, with 5,842 companies (56.6% of the market).

How many large scientific research and development companies (€10M+ revenue) are there in the Nordic region?

There are 141 companies with €10M+ annual revenue across all Nordic countries.

What is the most common company size in the Nordic scientific research and development industry?

The most common company size is 1-10 employees, representing 93.4% of all companies in this industry across the Nordic region.