As a regular feature of our annual forecast issue, IBO selects a firm from our industry as “company of the year.” In designating the company of the year, IBO recognizes an analytical or life science instrument maker that has accomplished technical, operational and financial achievements. Such achievements are a function of strong financial performance, market […]
Surface science techniques include a variety of microscopic techniques for the analysis of surfaces and other microscopic features or samples. Images can be formed through several complementary techniques, ranging from traditional optical microscopy to more advanced optical techniques and methods that rely on imaging probes other than ordinary light, such as electron microscopy and scanning […]
Growth in 2008 for the separations market was nearly two percentage points lower than the original forecast estimates (see IBO 1/15/08) due, in part, to the weakened third and fourth quarters marked by the global financial crisis. In 2008, the separations market accounted for $6.6 billion in revenues and grew 6.6% over 2007. For 2009, […]
Growth in the overall molecular spectroscopy market is expected to edge back only slightly in 2009 to 6.2%, despite the global recession. With the exception of color analysis and ellipsometry, the majority of demand for most other molecular spectroscopy techniques is significantly related to the few industries that have been largely insulated from the current […]
Financial Crisis As with firms worldwide, analytical and life science instrument companies found themselves at the mercy of the credit crisis, failing stock markets and lower industrial demand at year-end. Some of the strongest markets for instrumentation in recent years—the petrochemical, metals and chemical industries—abruptly slowed operations in late 2008 and announced cost cuts for […]
There are a number of analytical techniques that are not easily aggregated into a single category, yet are found in most laboratories. These instrument technologies include laboratory balances, pH meters and electrodes. Likewise, instruments used for specimen preparation, such as centrifuges and extraction and digestion equipment, are laboratory staples. These instrument techniques along with those […]
While the overall MS market did not quite match the growth initially expected for 2008 (see IBO 1/5/08), it grew more than 8% in the past year. Despite the severe global recession, IBO expects the demand for MS to grow 7.7% in 2009, which will easily put the total market value over the $2.5 billion […]
The laboratory automation market consists of five technology categories. Laboratory automation equipment increases laboratory efficiency, especially in areas where processes depend on repetition and precision. Demand for lab automation has been soft, resulting in modest growth over the last two years. Nonetheless, the lab automation market grew 5.5% in 2008 to $3.1 billion. Lab automation […]
IBO has been publishing its annual instrument industry forecast issue since 1993, but never have we been confronted with the level of uncertainty that hangs over the industry at this time. Normally, economic ups and downs in various regions of the world do not have that much of an impact on the industry because of […]
The set use of many atomic spectroscopy techniques for legally mandated environmental analysis applications should help to insulate the sector from the negative effects of the global economy. The continuing international interest in green technologies and environmental safety should also remain strong sources of growth in demand for atomic spectroscopy. The techniques most associated with […]
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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.
