As is usual for our annual forecast issue, IBO selects a firm from our industry as “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, market leadership, innovative […]
This year, instrument sales-growth potential by geographic region differs significantly. China leads the pack with solid growth, albeit tempered by external influences and government policies. The US and Canada are a bright spot as the largest market, expanding over 5%. US economic improvement coupled with lower energy costs makes this an enviable market. India should […]
CROs will again be the leading growth end-market in 2015. Pharmaceutical and biotechnology firms continue to outsource analytical-research activities and clinical trials, especially to China and India. The CRO market is followed closely in forecast growth by biotech, agriculture and food, hospital and clinical, and pharmaceutical labs, all which have similar analysis requirements, creating a […]
IBO includes the following technologies in its lab-equipment section: lab centrifuges, water-purification equipment, transfection techniques, extraction techniques, gas generators, concentrators and evaporators, incubators, fume hoods, biological safety cabinets, microwave-assisted chemistry, fermentors and bioreactors, lab washers, and shakers and stirrers. The total market for lab equipment grew 3.5% to more than $4.2 billion in 2014 and […]
Electrochemistry systems, lab balances, radioactivity-analysis systems, dissolution-testing equipment, and continuous-flow (CF) and discrete analyzers make up the market referred to as general analytical techniques (GAT). The markets for each of these lab techniques share several characteristics: routine usage, mid-to-low price ranges and a large share of replacement sales. Many diverse vendors participate in this market, […]
Material properties of samples, such as thermal and viscoelastic properties, hardness and particle size, are measured using instruments for materials characterization. In 2015, the global market for materials-characterization instrumentation is projected to grow 2.6% to $2.5 billion. The relatively flaccid growth is due to weakened industrial demand globally, particularly in the oil and gas industry, […]
The market for surface-science techniques consists of five individual technology segments made up of instruments that provide 2-D and 3-D imaging of microscopic samples. Traditional optical microscopes are the largest individual market, but other varieties of microscopes are also considered in this segment. Growth for the surface-science market is expected to be over 4% in […]
Led by demand for Raman spectrometers, the total molecular spectroscopy market is expected to grow 3.7% in 2015 to more than $4 billion. This technology segment, which consists of nine techniques, has an extensive range of applications, from identifying water contaminants to determining protein structure. Offering a wide variety of molecular spectroscopy techniques, Bruker is […]
The total market for atomic spectroscopy reached $3.6 billion in 2014, and the category as a whole is forecast to experience growth of 3% in 2015, slightly less than the growth achieved in 2014. Environmental applications, which commonly focus on specific elements, are significant for these instruments, which are generally used to determine elemental composition […]
Comprising about 7% of the analytical- and life science–instrumentation market, the lab-automation segment covers five categories: liquid handling, microplate readers, management informatics, multiplex and high-throughput (HT) ELISA, and robotics. A medium-sized market, lab-automation techniques increase lab productivity by managing workflow, and increasing the speed, efficiency and accuracy of lab work. The overall lab-automation market grew […]
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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.
