Laboratory Equipment

Market Report 2008

Publication Date	September 2008
Publisher	Key Note
Product Type	Report
Pages	95
ISBN Number	not applicable
Product Code	KEY00038

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Summary

The UK market for laboratory equipment, which includes research equipment/instrumentation and laboratory consumables, was worth an estimated 2.79bn in 2007, having increased in value by 31.2% across the review period (2003 to 2007). Year-on-year growth over the period averaged 7%, reflecting a sharp increase in spending on the NHS and a relatively buoyant economy that supported corporate expenditure on research and development (R&D).

Instrumentation and equipment forms the largest sector of the market. With sales worth an estimated 1.66bn in 2007, it accounted for 59.5% of the total markets value. Over the review period, sales increased by 30.3%, with average growth of around 6.9%. The laboratory consumables sector accounted for the remaining 40.5% of the market in 2007, with sales worth an estimated 1.13bn. This sector has shown slightly higher growth than the instrumentation and equipment sector, the value of sales having risen by 32.5% over the review period at an average of 7.3% per year. However, the market shares of these two sectors have stabilised.

The laboratory equipment industry encompasses the technologies of a wide range of activities, including electronics, engineering, computer hardware, computer software, plastics, glass, paper, textiles and consumer products.

Consequently, there is also a wide range of companies operating in the industry, from multinationals to low-tech companies, supplying basic products and services, and hi-tech firms supplying cutting-edge goods and services.

However, the very large companies, many of which are subsidiaries of US firms, have an increasingly strong grip on the market. Merger and takeover activity is likely to remain intense, given the drive from customers in the public sector, and industries such as pharmaceuticals and chemicals, to cut costs in the face of the economic downturn. The small, technology-driven companies tend to operate in the fields of software, instrumentation and electronics.

In terms of marketing activity, laboratory equipment is a highly specialised market, aimed at fragmented groups of scientific professionals and purchasers in a wide variety of industries and institutions. Many of these organisations, such as the NHS, are large, bureaucratic and have centralised buying systems. As a result, companies target their advertising to highly selected groups, mainly via trade publications, direct marketing and events such as exhibitions.

Key Note forecasts that the market will grow more slowly over the 5-year forecast period (2008 to 2012) than it did during the previous 5 years.

Economic growth is set to slow sharply in 2008, with the UK possibly entering a recession. Given the state of government finances, spending on the NHS is likely to be tightened, while customers in key industries such as chemicals and aerospace face problems of overcapacity that are likely to undermine R&D expenditure. The pharmaceuticals industry, another major customer, faces a growing regulatory burden and an increasing threat from generic drugs, so that R&D budgets in this industry are also likely to be curtailed.

Content

Executive Summary
1. Market Definition
- Report Coverage
- Market Sectors
  - Equipment And Instrumentation
  - Consumables
  - User Groups
- Market Trends
  - Healthcare Expenditure Increases
  - Uks R&d Expenditure Lags Behind
  - Table 1: Uk Expenditure On Research And Development By Sector (m), 2002-2006
  - Uk Leads Europe In Pharmaceutical R&d
- Economic Trends
  - Gross Domestic Product
  - Table 2: Uk Gross Domestic Product At Current And Annual Chain-Linked Prices
  - (m), 2003-2007
  - Household Disposable Income
  - Table 3: Uk Household Disposable Income Per Capita (), 2003-2007
  - Inflation
  - Table 4: Uk Rate Of Inflation (%), 2003-2007
  - Population
  - Table 5: Uk Resident Population Estimates By Sex (000), Mid-Years 2003-2007
- Market Position
  - The Uk
  - Overseas
2. Market Size
- The Total Market
  - Table 6: The Total Uk Market For Laboratory Equipment By Sector
  - By Value At Current Prices (m), 2003-2007
  - Figure 1: The Total Uk Market For Laboratory Equipment By Sector
  - By Value At Current Prices (m), 2003-2007
- By Market Sector
  - Instrumentation And Equipment
  - Table 7: The Uk Instrumentation And Equipment Sector By Value
  - At Current Prices (m And %), 2003-2007
  - Laboratory Consumables
  - Table 8: The Uk Laboratory Consumables Sector By Value At Current Prices
  - (m And %), 2003-2007
- Overseas Trade
  - Table 9: Uk Imports And Exports Of Instruments And Appliances For Measuring,
  - Checking, Testing, Navigating And Other Purposes By Value (000), 2002-2006
3. Industry Background
- Recent History
  - The Changing Face Of The Laboratory
- Number Of Companies
  - Table 10: Number Of Uk Vat-Based Enterprises Engaged In The Manufacture
  - Of Instruments And Appliances For Measuring, Checking, Testing, Navigating
  - And Other Purposes By Turnover Sizeband (Number And %), 2007
- Employment
  - Table 11: Number Of Uk Local Units Engaged In The Manufacture Of Instruments
  - And Appliances For Measuring, Checking, Testing, Navigating And Other Purposes
  - By Employment Sizeband (Number And %), 2007
- Regional Variations In The Marketplace
- Distribution
  - How Robust Is The Market?
- Regulatory Environment And Legislation
  - Medicines And Healthcare Products Regulatory Agency
  - Eu Directives
  - Ce Marking
  - Notified Bodies
- Key Trade Associations
  - Association Of The British Healthcare Industries
  - Association Of The British Pharmaceutical Industry
  - British In-Vitro Diagnostics Association
  - Chemical Industries Association
- Gambica
4. Competitor Analysis
- The Marketplace
- Market Leaders
  - Abbott Laboratories Ltd
  - Agilent Technologies Uk Ltd
  - Barloworld Scientific
  - Beckman Coulter Uk Ltd
  - Becton Dickinson Uk Ltd
  - Carl Zeiss Ltd
  - Fisher Scientific Uk Ltd
  - Millipore (Uk) Ltd
  - Perkinelmer (Uk) Holdings Ltd
  - Whatman Ltd
- Other Companies
  - Advanced Chemistry Development Inc
  - Cambridge Bioscience Ltd
  - Malvern Instruments Ltd
  - Mettler-Toledo Ltd
  - Metrohm Uk Ltd
  - Porvair Sciences Ltd
  - Qiagen Ltd
  - Thurlby Thandar Instruments Ltd
- Outside Suppliers
- Marketing Activity
  - Exhibitions
5. Strengths, Weaknesses, Opportunities And Threats
- Strengths
- Weaknesses
- Opportunities
- Threats
6. Buying Behaviour
- Customer Profile
  - Healthcare
  - Government And Education
  - Industry
- Healthcare
  - Healthcare Spending
  - Nhs Structural Organisation
  - England
  - Table 12: Nhs Expenditure In England (bn), 2002/2003-2006/2007
  - Wales
  - Scotland
  - Nhs Purchasing And Supply Agency
  - Health Protection Agency
  - Centre For Emergency Preparedness And Response
  - Centre For Infections
  - Chemical Hazards And Poisons Division
  - Radiation Protection Division
  - National Institute For Health And Clinical Excellence
  - Independent Healthcare Sector
- Government And Education
  - Research Councils
  - Higher Education
  - Research Equipment Affinity Group
- Industry
  - Pharmaceuticals
  - Table 13: The Top Five Pharmaceutical Companies In The Uk
  - By Research And Development Expenditure (m), 2006
  - Aerospace And Defence
  - Table 14: The Top Five Aerospace And Defence Companies In The Uk
  - By Research And Development Expenditure (m), 2006
7. Current Issues
- Obesity Poses Threat To The Future Of The Nhs
- Plan To Restructure Nhs In Wales
- Pharmaceutical Industry
  - Demand For Medicines Set To Surge By 2020
- Corporate Developments
  - Glaxosmithkline To Adopt A More Aggressive Approach To R&d
8. The Global Market
- Market Size
  - Table 15: The Global Market For Laboratory Equipment By Value
  - (bn), 2003-2007
- China And India
  - The Us
- The Eu And Japan
9. Forecasts
- Introduction
  - The Economy
  - Table 16: Forecast Uk Growth In Gross Domestic Product In Real Terms
  - (%), 2008-2012
  - Table 17: Forecast Uk Rate Of Inflation (%), 2008-2012
  - Table 18: Forecast Actual Number Of Unemployed Persons In The Uk
  - (Million), 2008-2012
  - Forecasts 2008 To 2012
  - Table 19: The Forecast Uk Market For Laboratory Equipment By Sector
  - By Value At Current Prices (m), 2008-2012
  - Figure 2: The Forecast Uk Market For Laboratory Equipment By Sector
  - By Value At Current Prices (m), 2008-2012
- Market Growth
  - Figure 3: Growth In The Uk Market For Laboratory Equipment
  - By Value At Current Prices (m), 2002-2011
- Future Trends
  - Demographics
  - Table 20: Projected Uk Population By Age (000), 2006-2031
  - Market Segmentation
  - Product Development
  - Competitor Forecasts
10. Company Profiles
- Abbott Laboratories Ltd
- Agilent Technologies Uk Ltd
- Beckman Coulter Uk Ltd
- Becton Dickinson Uk Ltd
- Carl Zeiss Ltd
- Fisher Scientific Uk Ltd
- Millipore (Uk) Ltd
- Perkinelmer (Uk) Holdings Ltd
- Whatman Ltd
11. Further Sources
- Associations
- Government Sources
- Other Sources
- Bisnode Sources
- Key Note Research
- The Key Note Range Of Reports