Entries by Michael Tice

Secondary Market Research: 7 Tips for Effective Market Sizing 

Market sizing offers businesses a foundational understanding of the scale and boundaries of a prospective market. Precise assessment of market size empowers companies to pinpoint avenues for growth, foresee challenges from competitors, and customize strategies to meet customer demands.   In this blog, we provide quick tips for one specific method for conducting market sizing using […]

Business Divestments Shake up the Industry Leaderboard

While the laboratory analytical and life science instrumentation industry has seen some significant business divestments in the past, such as the sale of GE Healthcare Life Sciences (now known as Cytiva) to Danaher in 2020, the overall trend in the industry for many years has largely been one of acquisition and consolidation. And this has […]

Laboratory Consumables a Major Area of Industry Acquisition Activity

While M&A and IPO activity tends to ebb and flow in the laboratory industry, the current trend seems to be on the upswing. Just over the past few weeks, there seems to be a hotbed of activity particularly in the area of laboratory consumables. Most notably, near the end of July, PerkinElmer announced a $5.25 […]

2 Billion Dollar Tools Market for Cell and Gene Therapy, Says Report

The market for selected technologies and supplies commonly used in cell and gene therapy (CGT) research, development, clinical trial, and product manufacturing exceeded $2.1 billion in 2020. This was the finding made in Cell & Gene Therapy Technologies and Supplies, a market research report by Strategic Directions International, part of Science and Medicine Group. SDi’s report […]

SDi Publishes Global Assessment Report: Laboratory Analytical and Life Science Instrument Market Will Exceed $69 Billion in 2021

Strategic Directions International (SDi) announced today the publication of its 2021 Global Assessment Report: The Laboratory Analytical & Life Science Instrumentation Industry. The report was released on February 28th. The report is widely considered to be the gold standard of market intelligence for the $60+ billion laboratory market for analytical and life science instruments. The report will […]

Google’s DeepMind Makes a Quantum Leap in Solving the Protein Folding Problem

Artificial Intelligence has made something of a breakthrough in the prediction of protein structures. The results came about as part of the 14th Critical Assessment of Structure Prediction, a friendly contest and conference organized by the Protein Structure Prediction Center with sponsorship from the US NIH’s National Institute of General Medical Sciences (NIH/NIGMS). The challengers […]

CRISPR: Saving the World or Playing with Dynamite?

It’s an oft-told story that the fortune of Swedish chemist and businessman Alfred Nobel was founded on patented explosives, including dynamite. While his products were used beneficially in mining and construction applications, their wartime use in munitions gave him concern that he would be remembered solely as a ‘merchant of death’. Consequently, Nobel set aside […]

Outsized Growth and Profits in $25 Billion-Dollar Lab Consumables Market, Report Says

A new report from SDi (Strategic Directions International, part of Science and Medicine Group) says the sometimes overlooked market for consumable supplies used in laboratory research will reach 25.9 billion dollars in 2020. These products also represent the make-or-break portion of the business for many instrument companies; the business line where they earn their profits and increase […]

The Four Top Laboratory Consumable Markets: New Report by SDi

An upcoming report from Strategic Directions International will estimate and project the entire market for research laboratory instrument consumables; items required to keep instruments running and performing experiments and tests. According to this report, four categories dominate: HPLC, sequencers, nucleic acid extraction and purification platforms, and PCR. HPLC: High-Performance Liquid Chromatography is one of the […]