Strategic Information for the Life Science and Analytical Instrument Industry
According to KPMG’s CEO Outlook reports between 2021 and 2023, M&A was a crucial growth strategy for executives. Specifically, CEOs believed M&A deals were a way to drive sales growth for companies and moderate external factors such as potential emerging technology disruptions, regulatory demands, and geopolitical and macroeconomic concerns. Additionally, executives who participated in the […]
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 […]
One can look at the inventions of the semiconductor and the battery to show why the industrial end-market plays a pivotal role in advancing technology. However, manufacturers of semiconductors, batteries, chemical products, plastics and other products would be unable to make advancements without the assistance of analytical technologies. Due to its importance to society and […]
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 […]
Despite macroeconomic and industry-related challenges, Europe has been a steady regional market for the analytical and scientific instrument industry. IBO’s publisher, Strategic Directions International (SDi), part of Science and Medicine Group, believes market growth in Europe will occur for various reasons. For example, the EU’s scientific research funding program, Horizon Europe, has led to demand […]
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 […]
