Tech Observer

3.4★★★☆☆(10 reviews)

17 Arcadian Way STE 102, Paramus, NJ 07652

Paramus, New Jersey, United States

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Business facts

Estimated annual revenue~$50.1M
Estimated employees~133
Estimated wage bill~$10.4M
In business since2005
Estimate based on strong signals

Area statistics (07652)

Population26,582
Median household income$136,824
Source: US Census ACS

About

Tech Observer is a global clinical research organization based in Hackensack, N.J., offering full-service analytical support throughout the product development cycle. Specialized domains include clinical monitoring, data management, statistical/SAS analyses, scientific communication, pharmacovigilance/drug safety, and regulatory affairs. Additional services in data management, electronic data capture, medical writing, and functional service provision are also available, including protocol review/development, statistical consulting, interim site monitoring, case narrative writing, and epidemiology consultation.

Wheelchair Accessible
Parking, Yes
Categories: Activities of head offices, Research Foundation, Business Management Consultant.
ISIC Codes: 7010, 7020, 7210.

Market analysis

Earning above its category median in a growing category (Activities of head offices).

EstimateCategory trend: 2024, +11.7%

Revenue trend (modeled)

~$25.4M2019
~$28.3M2020
~$37.7M2021
~$39.2M2022
~$47.2M2023
~$50.1M2024
Modeled from official industry statistics+14.6%/yr since 201980% confidence band: ±42%

Company profile

Incorporated2009 (PA)
Observed

Property

Lot size30 acres
CountyData
ObservedPublic assessor / cadastre record

Category context

BusinessesTotal revenueMeanMedianMedian ratingvs median
Activities of head offices in New Jersey4,942~$9.7B~$2.0M~$717.7K4.4★70×
Category revenue trend2024: +11.7%2023: +3.5%2022: +8.7%2021: +7.8%Modeled from business-level estimates
Chain pressure16 chains expanding in this category, led by Low Cost Interlock, The Miele Service Team, Dcp&p (+522 locations since 2016)

Revenue trajectory vs benchmarks (indexed, 2019 = 100)

Estimate

Immediate area (1 km)

BusinessesTotal revenueMeanMedianJobsEstimated wage billvs median
1 km area (all businesses)1,187~$2.6B~$2.2M~$776.7K7,077~$684.1M64×
Professional, scientific and technical activities36~$289.7M~$8.0M458

1 km area (all businesses): median from the 823 of 1,187 businesses with estimates

Estimate

Area conditions (07652)

Population26,582 ±39
Median household income$136,824 ±$12,056
Median home value$684,800
Bachelor's degree or higher0.5%
Unemployment rate0.1%
Source: US Census ACS
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