The seven instrument and lab product businesses whose quarterly results are reported on pages 9–11 ended the year facing a tough business climate, challenged by retrenched academic and government spending and the continued slowdown among industrial end-markets. However, sales in Asia and selected product markets, as well as recurring revenues, delivered growth. In making forecasts […]
Company Announcements PerkinElmer opened a customer center in Krakow, Poland. Analytik Jena was among the supporters of an endowed professorship in fiber optics awarded to Markus Schmidt at Germany’s University of Jena. HORIBA inaugurated in November 2012 its research and technology center at France’s Saclay Technopole. The facility, which is 7,500 square feet with the […]
In the fiscal year ending September 30, 2011 (FY11), science and engineering (S&E) research space at US universities performing research increased 3.5% to 202.9 million net assignable square feet (NASF), compared with 2009. This is slower growth than the 4.4% increase recorded between FY07 and FY09, but an increase from the 1.5% growth from FY05 […]
Eleven of the 18 companies in the IBO Laboratory Instrument Sales Index reported fourth-quarter 2012 results before this issue’s publication. Including estimates for firms yet to report, fourth-quarter 2012 revenue for the Index improved 2.9%, or 3.8% excluding currency. Operating profit for the Index edged 0.4% higher. Based on continuing operations, operating margin slipped 70 […]
Japanese R&D funding increased last fiscal year for the first time in four years. The country’s total R&D spending rose 1.6% in fiscal 2012 (ending March 31, 2012) to ¥17,379 billion ($217.2 billion = ¥80 = $1), according to the annual R&D survey of the Statistics Bureau of Japan’s Ministry of Internal Affairs and Communications. […]
US equity prices flourished to start the year as fears over the fiscal cliff diminished. The US Congress agreed on income tax rates and temporarily resolved the debt ceiling issue. In addition, economic figures continued to advance and corporate earnings were mostly ahead of expectations. Despite a negative 0.1% fourth-quarter US GDP due to lower […]
In retrospect, 2012 was a major disappointment. After two years of solid growth, it was expected that in 2012 growth would come back to earth. Unfortunately, the landing was not pretty. Many of the same economic problems facing the industry in 2012 were evident in 2011. Such problems did little to halt labs purchasing plans, […]
Each year since 2005, IBO has selected a firm from our industry as “company of the year.” This designation is based on IBO’s recognition that the selected analytical instrument maker has accomplished significant technical, operational and financial achievements during that year. Such achievements are measured by financial performance, market leadership, product introductions and key strategic […]
Overview Despite the slowing economic situation in China, it still represents the best growth opportunity for the instrument industry. Latin America is also an attractive market, especially Mexico and, a bit less so, Brazil, which is experiencing a decline in exports. Other developing countries like India and Korea also offer good prospects. It is the […]
Overview Life science industries continue to be the instrument and lab product market growth leaders. However, the agriculture/food market is estimated to offer slightly greater sales opportunities this year than pharmaceutical labs, as contamination issues are a growing global problem. Both pharmaceutical and biotechnology segments, along with their support counterparts, CROs, will have above average […]
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IBO (Instrument Business Outlook) is a twice-monthly newsletter aimed at providing decision-makers with the latest and most complete information available on the life science and analytical instrument industry, and lab product markets. IBO delivers the latest curated industry news, information and trends, as well as SDi data and analysis to deliver the maximum in industry insight with a minimum time investment for executives and investors.
