Every year, IBO selects a firm from our industry as Company of the Year. This designation is based on IBO’s recognition that the selected analytical instrument maker has accomplished significant technical, operational and financial achievements during the year. Such achievements are measured by financial performance, market leadership, product introductions and key strategic investments. IBO’s 2010 […]
The Organization for Economic Co-operation and Development (OECD) expects the economy to improve slowly over the next two years. In its Economic Outlook, released in December 2010, the OECD predicts growth of 2.3% for OECD countries in 2011, compared with a 2.8% increase in 2010. It expects emerging markets to grow more rapidly, helping to […]
Chemicals The chemical industry bounced back in 2010, as Asian demand and higher prices led to decreased capacity and higher profitability. According to the American Chemical Council (ACC), chemical production volumes improved 8.8% last year (see IBO 12/15/10), driven by a 12.2% increase in emerging markets. Oxford Economics estimates worldwide production of chemicals and man-made […]
The laboratory equipment market consists of centrifuges, transfection, extraction techniques, fume hoods, biological safety cabinets (BSCs), incubators, microwave-assisted chemistry and fermentors/bioreactors. The lab equipment market accounted for nearly $2.5 billion in revenues in 2010 and will experience modest growth of 4.4% in 2011 to exceed $2.5 billion. Much of this growth will be due to […]
The pace of growth in demand for molecular spectroscopy will be far more moderate in 2011, following a healthy rebound in 2010. As government stimulus spending, which has been a huge boon to academic and government demand for NMR, dwindles in 2011, the growth rate for NMR will be cut in half for the coming […]
White Plains, NY 1/12/11—ITT plans to separate into three separate publicly traded companies. The company’s Residential & Commercial Water, Flow Control and Water & Wastewater businesses will be spun off to create a stand-alone water technology corporation with estimated pro forma 2011 revenues of $3.6 billion. This company will include ITT’s analytical instrument business, consisting […]
New York, NY 1/12/11—Bloomberg has reported that Thermo Fisher Scientific is planning to sell its Athena Diagnostics and Lancaster Lab businesses. A reference laboratory, Athena Diagnostics develops and provides diagnostic tests for neurological disorders. Lancaster Labs is a commercial contract lab that provides testing services for the pharmaceutical, biopharmaceutical and environmental markets. Bloomberg reported that […]
Darmstadt, Germany 1/5/11—Merck KGaA has acquired 100% of the share capital of Beijing Skywing Technology for CYN 120 million ($18 million = CNY 6.60 = $1). Beijing Skywing Technology supplies cell-culture media products, related technical services and bioreactors for the Chinese biopharmaceutical industry. “These capabilities will enable Merck Millipore Process Solutions to strengthen the upstream […]
San Diego, CA 1/11/11; San Diego, CA 1/11/11—Illumina has acquired Epicentre Biotechnologies, a supplier of nucleic acid sample preparation reagents and specialty enzymes used in sequencing and microarray applications, including the Nextera technology for next-generation sequencing library preparation. Financial details were not provided. “Epicentre’s Nextera technology provides a step-change improvement in library prep that will […]
The general analytical techniques (GAT) segment is a collection of the most basic laboratory instruments, including electrochemistry instruments, laboratory balances, radioactivity measurement systems, dissolution testing equipment and continuous flow analyzers (CFAs)/discrete analyzers. While these technologies are fundamentally different from each other, they share similar market characteristics. These instruments are somewhat low-end technologies and have revenues […]
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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.
