The winners of the 2016 IBO Industrial Design Awards for portable instruments employ compactness and ease-of-use in their designs. Portable instruments can be easily transported to field locations for various analyses, such as testing, characterization and detection. Gold Award The 2016 Gold Award for Portable Analytical Instrument Industrial Design goes to Sage Analytics’ Luminary Beacon, […]
In January, when IBO’s original forecast was published (see IBO 1/15/16), a great deal of information about the fourth quarter of 2015 was still unavailable, much less anything regarding the coming year. However, six months into 2016, additional information can be brought to bear on IBO’s overall baseline forecasting of the market for the year. […]
NGS technology and utilization have shown rapid progress, including application for clinical diagnostics in areas such as noninvasive prenatal testing (NIPT) and oncology. However, significant challenges remain for the routine use of the technology in diagnostic testing labs. A paper published earlier this year in Applied & Translational Medicine entitled, “Barriers to Clinical Adoption of […]
The Dow Jones Industrial Average and S&P 500 traded at record highs in July despite weak economic data. The US economy grew at a tepid 1.2% in the second quarter, well below growth expectations of 2.6%. Specifically, the variance in growth projections was attributed to lower residential and business spending, which dropped 3.2%, the most […]
The 2016 European Innovation Scoreboard was released last week by the European Commission. The survey ranks countries and regions based on 25 innovation indicators, with countries falling into four categories of performance (Innovation Leaders, Strong Innovators, Moderate Innovators and Modest Innovators): countries that rank over 20% above the EU average are Innovation Leaders, which consist […]
Total R&D spending for 22 leading publicly held instrument and lab product companies (see table, page 6) increased at a tepid pace in FY15 and declined as a percentage of sales due to restructuring initiatives, cost saving measures as well as sturdier top line growth. Several companies’ R&D expenditures benefited from currency effects, improved product […]
It was a challenging year for many publicly held contract testing lab companies, which provide a variety of analytical testing as well as other services across a range of industries. With networks of labs worldwide and extensive testing capabilities, such companies are major customers for analytical instrumentation and lab products. Their acquisition activities, lab expansions […]
Direct Sales Deliver Biotage Growth First quarter sales for Biotage climbed 10.2%, 9.3% excluding currency, to SEK 158.9 million ($18.8 million = SEK 8.46 = $1). Sales for all major product lines expanded, including double-digit sales growth for sample preparation, purification and industrial products. Continued demand for the Isolera purification system as well as for […]
The Semiconductor Equipment and Materials Institute (SEMI) presented the Semicon West 2016 trade show at Moscone Center in San Francisco from July 12 to July 14. For several years, the show has been colocated with two other related meetings focusing on solar energy and photovoltaics: Solar 2016 and Intersolar North America. Organizers estimated that 30,000 […]
The rate of productivity growth, as measured by sales per employee for instrument and laboratory product companies, more than doubled in FY15 compared to the previous year, and grew slightly above the average 3.2% growth rate from FY10 to FY14. Based on currency-neutral sales, the average sales-per-employee ratio for the 19 companies in the table […]
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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.
