Water quality testing is essential for human health, environmental protection and industrial processing. Water testing is conducted in laboratory, manufacturing and field settings. Testing parameters are determined by the test purpose, which in many cases is based on regulatory requirements. New environmental regulations in developing nations and more sensitive testing techniques are driving market growth […]
This year’s 59th American Society for Mass Spectrometry (ASMS) meeting was held in Denver, Colorado, on June 4–9. There were 169 exhibitors, which was more than the previous two years, but still down from the 2007 peak of 183 exhibitors. Attendance this year increased 6.3% to 6,477 over last year’s show, which was held in […]
US equity markets trended lower in May following disappointing economic data, including weaker-than-expected manufacturing and durable goods orders. Other economic threats, such as inflation, unemployment and the European sovereign debt crisis, further soured investor sentiment. For the month, the Dow Jones Industrial Average, S&P 500 and NASDAQ fell 1.9%, 1.4% and 1.3%, respectively. Despite some […]
In the first quarter of the new year, instrument and laboratory product companies faced some challenges, including the aftereffects of the Japanese disaster and, in some cases, tough year-over-year comparisons. Despite these difficulties, the eight businesses whose quarterly results are profiled on pages 9–11 recorded total sales growth of 16.9% in the calendar-year first quarter. […]
For the first time in a decade, the growth rate of science and engineering (S&E) research space at US academic institutions has reversed its decline. The amount of S&E research space grew 4.4% from fiscal year (FY) 2007 to FY 2009 to comprise 196.1 million net assignable square feet (NASF), according to the NSF’s latest […]
From its start as a niche market supplier, WITec has evolved to cater to multiple, larger markets. The company supplies high-resolution microscopy techniques for applications in materials research and life science. Specific applications include thin-film analysis and the study of living cells in their physiological surroundings. “Nanotechnology, life science, biomedical research and pharmaceutical research can […]
Despite certain companies being negatively affected by the natural disaster in Japan, first-quarter revenues for IBO’s Laboratory Instrument Sales Index climbed 6.9% to $5,600.42 million, including a loss of 1.0% from currency transactions. Operating profit improved 11.6% to $1,160.42 million, but operating margin slipped 60 basis points to 19.2% of sales. Financial estimates are included […]
If executive compensation plans are designed to reward financial performance and increase shareholder returns, then fiscal 2010 was an exemplary year. In fiscal 2010, total median compensation for the 55 executives at 40 analytical instrument and laboratory product companies in the four IBO Stock Indexes (see IBO 4/30/11) soared 34.3% to $2,761,689. For those same […]
Instrument and laboratory product company executives’ expectations have improved from last fall but are not where they were a year ago, according to the results of IBO’s Spring 2011 Business Climate Survey. IBO’s biannual business climate surveys gauge executives’ outlook for industry sales and opinions about economic issues and market trends. Twenty-eight executives were surveyed […]
Revised attendance figures released by Pittcon in early April indicated that total 2011 attendance increased 1.9% to 17,199. This figure compares to the 1.3% increase reported in IBO last month (see IBO 3/31/11). The number of attendees, excluding exhibitors, media and undergraduate students, was down a marginal 0.3% to 9,599 to make up 56% of […]
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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.
