The instrument industry is expected to grow by 3.6%

It is generally believed that 2013 is a frosty year for the instrumentation industry, but there are special analysis institutions that show that this can increase by 3.6% in this cold current. In recent days, SDI, the US market research organization, has released the market for analysis and life science instruments. Looking forward to 2013, it forecasts that the global analysis and life science market will reach US$46.3 billion in 2013, but growth will continue to slow down, and the growth rate is expected to be 3.6%.

Retrospective analysis and trend of the life science instrument market over the past four years, the global market experienced a trend from low to high, and then gradually declined.

In 2009, affected by the global economic crisis, the analysis and life science instrument market suffered a severe setback and global market revenue fell by 3%. In 2010, after experiencing “hibernation” in 2009, the analysis and life science instrument market ushered in. Rebounding, global market revenue reached 39.6 billion U.S. dollars, with a growth rate of 7%. In 2011, the market continued its strong growth in 2010. Its growth rate was basically the same as in 2010, reaching 7.1%, and global market revenue was 42.4 billion U.S. dollars.

In the past 2012, the analysis and life science instrument market experienced a “cold stream” after two years of high growth. As predicted by industry insiders in early 2012, the impact of the European debt crisis triggered a new round of economic downturn in Europe and the United States has also affected the analysis. In the life sciences instrument industry, the market turned to a downward trend, with the growth rate falling to 5.5%. The declining trend of market growth in 2012 can also be seen in the financial company's 2012 financial report that has recently been released. Waters' revenue in 2012 was US$1.84 billion, a slight decrease of 0.05% from 2011's US$1.85 billion; Agilent’s 2012 revenue was 6.9 billion. The US dollar rose by approximately 4.5% from the US$6.6 billion in 2011, while Waters and Agilent both had double-digit growth rates in 2011, at 13% and 20% respectively.

For 2013, the forecast given by SDI is a further slowdown in growth, and the impact of the economic downturn will still have a further impact on the market for analysis and life science instruments. In terms of products, mass spectrometry and surface science and technology will continue to drive the growth of instrument sales after 2012; in the industry, demand for food, agriculture, and biotech industries is expected to stimulate sales; in terms of regions, China and Latin America are expected growth. Strong area.