Instrument Business Outlook Releases Forecast Issue

Instrument Business Outlook estimates the Analytical Instruments and Lab Products Industry is expected to grow at 9.4% in 2021. Is your business best positioned to take advantage of opportunities in this massive market?   That’s the results from  the 2021 IBO Annual Review and Industry Forecast Issue as an accurate source for predictions, news, and information that drives their business strategy in a competitive landscape.

Instrument and Laboratory Product Industry Revenues and Growth 2015–21Industry Growth 2015-2021


  • Life Science: Double-Digit Growth Ahead
  • Mass Spectrometry: Industrial Markets to Improve
  • Chromatography: Growth to Bounce Back
  • Laboratory Automation: COVID-19 Testing Stokes Demand
  • Surface Science: Electron and Super-Resolution Microscopy Sustain Growth
  • Molecular Spectroscopy: Pent-up Demand to Fuel Growth
  • Atomic Spectroscopy: Poised for a Come Back
  • Materials Characterization: Life Science to Lead Increases
  • Sample Preparation: Nucleic Acid Prep to Continue to Benefit from COVID-19 Testing
  • Laboratory Equipment: Steady Climb Led by Select Technologies
  • End-Market Forecast: Pharma and Biotech Strong but Academia Slow to Improve
  • Regional Forecast: North America and Europe Lag Behind
  • 2020 Developments and Trends

Executive Briefing

  • Featuring news from PerkinElmer, Neogen etc.


  • Laboratory Tool Companies’ Preliminary Results Show Ongoing Sales Recovery

Bottom Line

The IBO Industry Forecast is a comprehensive set of market data and growth forecasts for the laboratory tools industries, based on Strategic Directions International’s leading market intelligence and data gathering methods.

Subscribers of IBO receive 24 issues throughout the year (twice monthly), including the Forecast Issue and the mid-year update.

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