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 and life science instrument maker that has accomplished technical, operational and financial achievements. Such achievements are a function of strong financial performance, market […]
IBO includes the following technologies in its laboratory equipment section: laboratory centrifuges, water purification equipment, transfection techniques, extraction techniques, gas generators, concentrators and evaporators, incubators, fume hoods, biological safety cabinets, microwave-assisted chemistry, fermentors and bioreactors, lab washers, and shakers and stirrers. The laboratory equipment market totaled more than $3.83 billion in 2013 for growth of […]
The general analytical techniques (GAT) market is a collection of the most basic lab instruments, including electrochemistry systems, lab balances, radioactivity systems, dissolution testing equipment, and continuous flow (CF) and discrete analyzers. While these technologies are fundamentally different from each other, they share similar market characteristics. These instruments are somewhat low-end technologies and market demand […]
Instruments for materials characterization provide several different methods for measuring or characterizing the material properties of samples, including thermal properties, viscoelastic properties, hardness and particle size. In total, the global market for materials characterization instrumentation is forecast to reach nearly $2.5 billion in 2014, representing growth of 6.4% for the year. Although this is relatively […]
The surface science technology category contains a broad range of instruments that can loosely be called microscopes. Traditional optical microscopes are included, but there are also other instruments that probe and image surfaces at the microscopic scale. Overall, the surface science market is forecast to achieve growth of 9.1% for 2014, with total market demand […]
The total market for molecular spectroscopy is forecast to grow 7.1% in 2014. Total demand for all of the technologies will approach $4 billion. These instruments generally use some form of electromagnetic radiation to probe samples in order to determine chemical composition. The largest market segment is NMR, which makes up more than a quarter […]
The technologies in this category are primarily used to determine the elemental composition of samples, since they analyze at the atomic level. The total market demand for atomic spectroscopy is forecast to grow 5.8% for 2014, reaching $3.67 billion. The largest individual product segment is X-ray fluorescence spectroscopy (XRF), which makes up more than a […]
The laboratory automation market accounts for approximately 7% of the analytical and life sciences instrumentation market. It consists of four technology categories: liquid handling, microplate readers, management informatics and robotics. It is a medium-sized market and consists of technologies designed to automate repetitive laboratory procedures to increase the speed, efficiency and accuracy of work done […]
Last year was somewhat of a pedestrian year for mass spectrometry (MS), with the market growing modestly in the mid-single digit range. Market growth was driven mainly by demand for LC/MS technologies, offset by weak demand for portable and in-field MS and magnetic sector MS instruments. For 2014, the overall market for MS is forecast […]
The life science instrumentation (LSI) market is the largest technology sector of the instrument market. It accounts for nearly a quarter of total analytical instruments demand and includes a broad spectrum of technologies grouped into 13 technology categories. In 2013, the LSI market increased 3.3% to $11.1 billion. Most LSI technologies are heavily reliant on […]
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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.
