Strategic Information for the Life Science and Analytical Instrument Industry
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 […]
The role of what dividend-paying companies in the US stock market would play in 2023 shifted from positive to negative as 2023 continued to be another year of volatility. According to the Wall Street Journal, analysts forecasted in the beginning of 2023 that dividend-paying companies in the stock market would be wise investments for investors […]
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 […]
The bioprocessing analytical technology sector is critical to the biopharmaceutical industry and becoming more so as continuous and single-use solutions are becoming widely adopted and the number of biotherapeutics coming to market increases. These technology solutions include custom-built and highly specialized bioprocessing technologies. In August 2023, Strategic Directions International (SDi) released the “SDi Bioprocessing Markets […]
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 […]
Analytical testing is an essential part of food development and production. Key applications include quality control and safety. Testing covers all steps in the food production process from testing for physical, chemical and microbiological characteristics in raw materials and ingredients through final products. As such, testing is done in labs, in the field and during […]
The Association of Biomolecular Resource Facilities (ABRF) will hold its Annual Meeting May 7–10, 2023 in Boston, Massachusetts. ABRF is a membership organization that brings together Core facilities across the US and supports more than 2,400 members at over 400 institutions including organizations in government, academia, research, industry and commercial settings. Over 50% of members […]
