Strategic Information for the Life Science and Analytical Instrument Industry
Founded in Germany in 1956, family-owned LAUDA DR. R. WOBSER GMBH & CO. KG (LAUDA) has become one of the most well-known companies for laboratory temperature-control equipment. Today, the company boasts $120 million in annual sales and a workforce of 600. End-markets served include the pharma/biotech (32% of sales), automotive (20%), chemical (20%), medicine (10%) […]
Life science labs view sustainable consumables as important but face challenges in purchasing and using them. These results are part of Bioinfomatics’ latest report, “2024 Perceptions of Environmental Sustainability in the Life Sciences.” Bioinformatics, part of Science and Medicine Group (SMG), is a research and advisory firmserving the life science industry. SMG is a leader […]
This spring, Strategic Directions International (SDi) published its latest “Global Assessment Report,” providing comprehensive market forecasts and sizing information for the laboratory tools industry. SDi, part of Science and Medicine Group, is a business intelligence company specializing in analytical and life science instruments. The report covers 10 categories of analytical and life science instrumentation (excluding […]
In March, the UK government announced a major investment in the country’s mass spectrometry (MS) capabilities. UK Research and Innovation (UKRI) will provide £49.35 million ($62.4 million) in funding over five years for Critical Mass UK (C-MASS), a network of MS labs supporting large-scale screening, protocol development, data tools and cataloging, among other priorities. UKRI […]
The Chinese market for laboratory instruments suffered in 2023, as the country’s economic environment, end of stimulus funding, tariffs, political tensions with the US and local competition hurt sales for many multinational instrumentation companies. The unprecedented situation was made evident by the financial results of some of the world’s largest analytical instrument and consumable providers, […]
The annual Pittcon (Pittsburgh Conference on Analytical Chemistry and Applied Spectroscopy) laboratory science conference and exhibition will be held in San Diego, California, February 24-28. This marks the show’s first time on the West Coast. Run by the Society for Analytical Chemists of Pittsburgh (SACP) and the Spectroscopy Society of Pittsburgh (SSP), the conference has […]
Spatial biology is a rapidly growing segment of the life science tools market, driven by the expansion of cellular studies from bulk analysis to single-cells analysis and progress in multi-omic research, among other factors. Technology advances have also grown the market by enabling automated and higher-resolution analysis and greater multiplexing. The lab tool market for […]
Founded in 2016 and headquartered in Cologne, Germany, BioEcho provides solutions for nucleic acid extraction and analysis. The company’s EchoLUTION Kits provide an alternative to other nucleic acid extraction techniques. IBO spoke with Dr. Laura Torres Benito, Scientific Communications Manager for BioEcho, about the company and its product line. Can you describe the history of […]
Infertility affects around one in six adults worldwide, according to the WHO. Determining the health of embryos prior to implementation is key to addressing infertility. Testing has become even more significant due to the aging population of pregnant women and medical tourism. Next generation sequencing (NGS) has been widely adopted for pre-implantation genetic testing labs. […]
Despite a year of uneven sales growth, a falling stock market and inflationary pressures, the laboratory tool industry maintained its track record of increasing R&D spending in 2022, as measured by the performance of its largest held public companies. Worth more than $80 billion, according to Strategy Directions International (SDi), the laboratory tool industry excludes […]
