The high proportion of demand from government and academic laboratories, as well as its association with life science applications, has helped to insulate the molecular spectroscopy market from the recession. In 2009, the molecular spectroscopy market contracted 3.3% to $3.4 billion, but it should show a solid rebound in 2010, with more than 8% growth. […]
Despite the ill effects of the downturn in global economies, the life science instrumentation market has remained relatively stable. The market accounted for the largest share of the analytical instrumentation market, which was nearly $10.3 billion in revenues in 2009. Sales are expected to increase 5.9% in 2010, with demand driven by government-funded research initiatives […]
Last year, IBO speculated that environmental applications would help to keep demand for several of the relevant atomic spectroscopy techniques stable in 2009; this turned out to be only partially the case. Although certain elemental analyzers and sum parameter instruments like Total Organic Carbon (TOC) did continue to achieve growth, the workhorse environmental techniques of […]
Surface science techniques provide microscopic analysis of surfaces and samples. The individual technologies span an enormous range of sophistication, from light microscopes that cost thousands of dollars to complicated confocal microscopes and ultra high-vacuum surface analysis systems with price tags a thousand times larger. Microscopic analysis of surfaces and samples together represented nearly $4.3 billion […]
As a regular feature of our annual forecast issue, IBO selects a firm from our industry as the “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, […]
The Organization for Economic Cooperation and Development (OECD) asserts that government measures will lead to global growth in 2010 and have already resulted in modest recoveries for some economies. The GDP of OECD countries is forecast to grow 1.9% in 2010, in comparison to a 3.5% decline in 2009. OECD countries will benefit from economic […]
Chemicals Following one of the worst years in its history, the global chemical industry is expected to resume growth this year, led by the specialty chemical sector. The American Chemistry Council forecasts global chemical production to rise 4.6% this year, compared to a 4.6% decline in 2009. Production in emerging nations is estimated to rise […]
The category of general analytical techniques includes a number of technologies, such as laboratory balances, centrifuges and radioactivity-measuring instruments. These techniques do not easily aggregate into a single category, yet are found in most laboratories. Combined, these techniques accounted for about $2.7 billion in sales in 2009, and sales are forecast to grow at a […]
Instruments for materials characterization utilize a diverse range of individual techniques to explore the material properties of the sample, as opposed to chemical or optical properties. With the exception of calorimetry, sales in all of the individual markets declined in 2009, with the total market dipping below $2 billion. Fortunately, the forecast for 2010 is […]
Laboratory automation equipment increases laboratory efficiency, especially in areas where processes depend on repetition and precision. It also increases productivity, throughput and lowers the cost per-sample analyzed. However, this segment of the instrument market was perhaps the most affected by the recession last year. Demand for the overall lab automation market declined 6.5% in 2009 […]
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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.
