On Friday March 16, 2018, the Centers for Medicare & Medicaid Services (CMS) took action to advance innovative personalized medicine for Medicare patients with cancer. CMS announced it has finalized a National Coverage Determination that covers diagnostic laboratory tests using Next Generation Sequencing (NGS) for patients with advanced cancer. This decision is likely to accelerate […]
BioInformatics Inc., the leading market research firm supporting the analytical instrumentation and life science industries, and owner of The Science Advisory Board®, is pleased to announce the acquisition of IMV Publishing. This latest acquisition by BioInformatics Inc. creates an integrated business information and media group delivering high-value content to the market’s buyers and sellers using […]
In our Global Assessment series, we’ve already covered many exciting technologies and topics, such as portable spectroscopy machines, NGS, Triple quadrupole ICP-MS, atomic spectroscopy, and their respective roles in the industry. Today our analyst, Ivan, will give us some insight into the role of chromatography in cannabis testing.
Strategic Directions International (SDi), a division of BioInformatics Inc., just released the SDi Global Assessment Report 2018: The Laboratory Analytical & Life Science Instrumentation Industry. In this article we discuss some of key trends we observed in 2018 and our analysis of where the industry will find opportunities for growth in 2018. The 800+ page […]
The day you’ve all been waiting for has FINALLY arrived: The gold standard of market research, the 2018 SDi Global Assessment Report, is officially available!
Last week, we highlighted key advantages of Portable Molecular Spectroscopy. While portable spectrometers make it possible to analyze unknown materials, analyzing unknown and unexplored information from DNA is just as crucial. Recently, scientists have been able to gather much information from our exons, the parts of DNA that are considered coding regions for proteins. However, […]
The overall analytical and life science instrument market is now valued at over $56 billion, and only continues to grow in strength. When looking ahead to 2018, we predict that the overall market size for the analytical and life science instrument industries will grow to $58.7 billion, with the growth rate staying consistent with 2017 […]
Scientists often claim to be rational in their purchase decisions and consider only price, availability or quality. But for more than 20 years we at BioInformatics LLC have argued that brand awareness, perceptions and loyalty have a very influential role in scientists’ decisions about which instruments and consumables they will purchase for their labs.
Agilent Technologies is one of the world’s largest providers of laboratory solutions, with $4.5 billion in annual revenues. Agilent is the second largest supplier of analytical and life science instruments, according to IBO’s list of the top 30 industry companies in 2016 (see IBO 4/15/17). IBO named Agilent its Company of the Year for 2017 […]
Life science tools companies are under increasing pressure to reduce time-to-market and the cost of introducing new products. As product lifecycles continue to decrease, compressing development cycles and accelerating new product introductions are becoming critical. Companies that fail to consistently launch new products will lose ground to more innovative competitors who invest in new and improved […]
