Research and Development in Nanotechnology in Maryland
Revenue benchmarks for research and development in nanotechnology businesses operating in Maryland.
#8 of 50 states+23.4% vs national avg
Average Revenue
$39.9M
per year
Businesses
82
in Maryland
Revenue / Employee
$285K
per year
Labor Cost
50.0%
of revenue
Profit Margin
22.0%
industry average
Market Saturation
1.3
firms per 100K in MD
Total Revenue
$3.3B
all firms in MD
Total Employees
11,494
in MD
How Maryland Compares
National Average$32.3M
Maryland$39.9M
Difference+$7.6M (+23.4%)