Following a slight decline in demand in 2012, sales of molecular spectroscopy instruments should grow once again in 2013, though still be fairly weak. Most segments of the market are expected to experience fairly flat demand this year, with the strongest sales growth of any one technology segment not expected to break 5%. Weakness in […]
Atomic spectroscopy instruments generally provide information about the elemental composition of a sample, based on some form of light used to probe the sample. IBO identifies nine specific subtechnologies in this market, and each has its pluses and minuses for particular applications. The total market demand for atomic spectroscopy instruments is forecast to grow to […]
The laboratory automation market accounts for approximately 7% of the analytical and life sciences instrumentation market. It consists of four technology categories, which are liquid handling, microplate readers, robotics and management informatics. It is a medium-size market that encompasses technologies designed to automate repetitive laboratory procedures to increase the speed, efficiency and accuracy of the […]
Overall growth in demand for MS is expected to be in the mid-single digits in 2013, which is somewhat stronger than 2012, but still well under the more typical pace in recent history of around 10%. Aside from portable and in-field MS, all categories of instrumentation are expected to experience much better growth in 2013. […]
The life science instrumentation (LSI) market is the largest technology sector, accounting for about a quarter of the total analytical instruments industry. It encompasses a broad spectrum of technologies grouped into 13 categories. Unlike most other instrument markets, the LSI market is heavily reliant on the aftermarket. Consumables, reagents, kits and other aftermarket products make […]
IBO has made some minor changes to the separations market compared with last year’s forecast issue (see IBO 1/15/12). The overall market size and definition remain consistent, but how we account for a few categories has been updated. Perhaps the most obvious change is the addition of supercritical fluid chromatography (SFC), which was disaggregated from […]
Competitive Pressures Tough government and academic markets and, toward year end, slowing industrial markets, plus lagging global growth, made 2012 a year when instrument and lab product companies had to compete harder than usual in many markets. Many companies noted pricing pressure across product lines, particularly for sales to industrial markets. This effect also played […]
US equity markets recorded strong gains in 2012 despite only modest economic growth. For the year, the Dow Jones Industrial Average, S&P 500 and NASDAQ climbed 7.3%, 13.4% and 15.9%, respectively. The markets shrugged off anxious headlines brought by the “fiscal cliff” crisis, European sovereign debt problems and slowing growth in emerging markets. Instead, investors […]
Due to IBO’s annual January 15 forecast issue, third-quarter results for the Lab Equipment/Consumables Index are presented in this issue. Third-quarter revenues for the Index grew 0.4%, 2.2% excluding currency, to $4,007 million. Operating profits rose 1.1% to $672 million. Based on continuing operations, operating margin slipped 10 basis points to 17.8% of sales. Kewaunee […]
India’s most recent Five-Year Plan, the 12th Five-Year Plan, was approved by the National Development Council on December 27. Five-Year Plans, created, implemented and monitored by India’s Planning Commission, outline budget estimates for different agencies, as well as address areas and list initiatives that the government will prioritize for the next five years. The most […]
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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.
