In retrospect, 2012 was a major disappointment. After two years of solid growth, it was expected that in 2012 growth would come back to earth. Unfortunately, the landing was not pretty. Many of the same economic problems facing the industry in 2012 were evident in 2011. Such problems did little to halt labs purchasing plans, […]
Each year since 2005, IBO has selected 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 that year. Such achievements are measured by financial performance, market leadership, product introductions and key strategic […]
Overview Despite the slowing economic situation in China, it still represents the best growth opportunity for the instrument industry. Latin America is also an attractive market, especially Mexico and, a bit less so, Brazil, which is experiencing a decline in exports. Other developing countries like India and Korea also offer good prospects. It is the […]
Overview Life science industries continue to be the instrument and lab product market growth leaders. However, the agriculture/food market is estimated to offer slightly greater sales opportunities this year than pharmaceutical labs, as contamination issues are a growing global problem. Both pharmaceutical and biotechnology segments, along with their support counterparts, CROs, will have above average […]
IBO has made some major modifications to the forecast issue’s laboratory equipment market. IBO has expanded the number of categories in the market from eight to 13. The added segments are: gas generators, laboratory washers, shakers and stirrers, laboratory water purification, and concentrators and evaporators. The total market demand for laboratory equipment is forecast to […]
The general analytical techniques (GAT) market is a collection of the most basic laboratory instruments, including electrochemistry systems, laboratory balances, radioactivity equipment, dissolution testers, and continuous flow 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 have revenues generated primarily […]
Materials characterization instruments measure various physical properties of a wide variety of materials. Although industrial applications predominate, there are important life science applications in some of the product segments. The total market demand for materials characterization instruments is forecast to reach $2.38 billion in 2013, representing growth of 2.6% over last year’s total of $2.31 […]
Surface science includes a number of different microscopic techniques that make use of different forms of illumination or probes to create images of samples. While some instruments provide only imaging data, most can also provide various forms of analytical information about the sample. The total market demand for surface science instrumentation is forecast to reach […]
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 […]
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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.