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Published by: Key Note Publications Ltd
Published: Feb. 1, 2006
Table of Contents
- Executive Summary
- 1. Market Definition
- REPORT COVERAGE
- MARKET SECTORS
- Equipment and Instrumentation
- Consumables
- User Groups
- MARKET TRENDS
- Sharp Rise in Health Spending...
- ...but Local Trusts Still Face Financial Difficulties
- UK's R&D Record Remains Poor
- Table 1: UK Expenditure on Research and Development by Sector (£m), 1999-2003
- Global Competition Stimulates R&D Growth
- Technological Advances Drive New Product Development
- Biotechnology Fuels Demand for Laboratory Equipment
- The Impact of the New Era of Biological Drugs
- ECONOMIC TRENDS
- Gross Domestic Product
- Table 2: UK Gross Domestic Product at Current and Annual Prices (£m), 2000-2004
- Inflation
- Table 3: UK Rate of Inflation (%), 2000-2004
- Population
- Table 4: UK Resident Population Estimates by Sex (000), Mid-Years 2000-2004
- MARKET POSITION
- The UK
- Overseas
- 2. Market Size
- THE TOTAL MARKET
- Table 5: The Total UK Market for Laboratory Equipment by Sector by Value at Current Prices (£m), 2001-2005
- Figure 1: The Total UK Market for Laboratory Equipment by Sector by Value at Current Prices (£m), 2001-2005
- BY MARKET SECTOR
- Instrumentation and Equipment
- Table 6: The UK Instrumentation and Equipment Sector by Value at Current Prices (£m and %), 2001-2005
- Laboratory Consumables
- Table 7: The UK Laboratory Consumables Sector by Value at Current Prices (£m and %), 2001-2005
- OVERSEAS TRADE
- Table 8: UK Imports and Exports of Instruments and Appliances for Measuring, Checking, Testing, Navigating and Other Purposes by Value (£000), 2000-2004
- 3. Industry Background
- RECENT HISTORY
- The Changing Face of the Laboratory
- Key Drivers of Growth
- NUMBER OF COMPANIES
- Table 9: Number of UK VAT-Based Enterprises Engaged in the Manufacture of Instruments and Appliances for Measuring, Checking, Testing and Other Purposes by Turnover Sizeband (number and %), 2005
- EMPLOYMENT
- Table 10: Number of UK VAT-Based Enterprises Engaged in the Manufacture of Instruments and Appliances for Measuring, Checking, Testing and Other Purposes by Employment Sizeband (number and %), 2004
- 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 British Healthcare Industries
- British In-Vitro Diagnostics Association
- GAMBICA
- 4. Competitor Analysis
- THE MARKETPLACE
- MARKET LEADERS
- Abbott Laboratories Ltd
- Company Structure
- Current and Future Developments
- Financial Results
- Agilent Technologies UK Ltd
- Company Structure
- Current and Future Developments
- Financial Results
- Barloworld Scientific Ltd
- Company Structure
- Current and Future Developments
- Financial Results
- Beckman Coulter UK Ltd
- Company Structure
- Current and Future Developments
- Financial Results
- Becton Dickinson UK Ltd
- Company Structure
- BD Biosciences
- BD Diagnostics
- BD Medical
- Current and Future Developments
- Financial Results
- Carl Zeiss Ltd
- Company Structure
- Current and Future Developments
- Financial Results
- Fisher Scientific UK Ltd
- Company Structure
- Current and Future Developments
- Financial Results
- Millipore (UK) Ltd
- Company Structure
- Current and Future Developments
- Financial Results
- PerkinElmer (UK) Ltd
- Company Structure
- Current and Future Developments
- Financial Results
- Thermo Electron Ltd
- Company Structure
- Current and Future Developments
- Financial Results
- Whatman PLC
- Company Structure
- Current and Future Developments
- Financial Results
- 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
- The NHS
- Table 11: Department of Health Public Spending — NHS Consumption of Resources (£m), 1999/2000-2007/2008
- NHS Purchasing and Supply Agency
- Pathology
- Health Protection Agency
- HPA Laboratory of Enteric Pathogens
- Food Safety Microbiology Laboratory
- Enteric, Respiratory and Neurological Virus Laboratory 49
- National Institute for Clinical Excellence
- Independent Healthcare Sector
- 3GOVERNMENT AND EDUCATION
- Research Councils
- Research Councils' Procurement Organisation
- Higher Education
- Research Equipment Affinity Group
- INDUSTRY
- Pharmaceuticals
- Table 12: The Top Ten Pharmaceutical Companies in the UK by Research and Development Expenditure (£m), 2004/2005
- Chemicals
- Table 13: The Top Ten Chemical Companies in the UK by Research and Development Expenditure (£m), 2004/2005
- Food Producers
- Table 14: The Top Ten Food Producers in the UK by Research and Development Expenditure (£m), 2004/2005
- Healthcare
- Table 15: The Top Ten Healthcare Companies in the UK by Research and Development Expenditure (£m), 2004/2005
- 7. Current Issues
- NHS FINANCE
- NHS Trust Cash Crisis Deepens
- `Stop Spending' Memo Reveals NHS Cash Crisis
- CORPORATE DEVELOPMENTS
- American Medical Instruments Holdings Buys Point Technologies
- Tessella Support Services Completes Acquisition of Analyticon
- ClinPhone Named One of Europe's Fastest Growing Companies
- Deerac Launches US Subsidiary
- BFi Optilas and Bristol Instruments Announce Pan-European Sales Agreement
- NEW PRODUCT DEVELOPMENT
- Cecil Instruments — Range of Spectrophotometers
- Carl Zeiss — Scanning Electron Microscopes
- GX Laboratories — Revolutionary Disinfectant
- Malvern Instruments — High-Sensitivity Particle Image Analyser
- The Baker Company — Barrier Isolator for Pharmacy Applications
- Hernon Manufacturing — Non-Contact Dispensing Unit
- Nikon Instruments — New Software Suite
- Cambridge University — Microscopic Lasers for Analysis in the Field
- OTHER ISSUES
- US Concerned About Laboratory Security
- Work Resumes on Laboratories Hit by Animal-Rights Protests
- 8. The Global Market
- MARKET SIZE
- Table 16: The Global Market for Laboratory Equipment by Value (£bn), 2001-2005
- CHINA AND INDIA
- THE US
- The EU and Japan
- 9. Forecasts
- INTRODUCTION
- The Economy
- Table 17: Forecast UK Growth in Gross Domestic Product in Real Terms (%), 2005-2009
- Table 18: Forecast UK Rate of Inflation (%), 2005-2009
- FORECASTS 2006 to 2010
- Table 19: The Forecast UK Laboratory Equipment Market by Sector by Value at Current Prices (£m), 2006-2010
- Figure 2: The Forecast UK Laboratory Equipment Market by Sector by Value at Current Prices (£m), 2006-2010
- MARKET GROWTH
- Figure 3: Growth in the UK Laboratory Equipment Market by Value at Current Prices (£bn), 2001-2010
- FUTURE TRENDS
- Demographics
- Table 20: Projected UK Population by Age, 2002, 2006 and 2011
- Market Segmentation
- Product Development
- Competitor Forecasts
- 10. Company Profiles
- Abbott Laboratories Ltd
- Agilent TEchnologies Uk Ltd
- Barloworld Scientific Ltd
- Beckman Coulter UK Ltd
- Becton Dickinson Uk Ltd
- Carl Zeiss Ltd
- Fisher Scientific Uk Ltd
- Millipore (UK) Ltd
- Perkinelmer (uk) Ltd
- Thermo Electron Ltd
- Whatman PLC
- 11. Consumer Confidence
- METHODOLOGY
- THE WILLINGNESS TO BORROW
- Table A: The Average Amount Consumers Are Willing to Borrow in Order to Purchase Expensive Items at Current and Constant November 2004 Prices (£ and £bn), November 2004, February 2005, May 2005, August 2005 and November 2005
- The Desire to Borrow Stays Strong
- Table B: The Number of Adults Willing to Borrow in Order to Purchase Expensive Items (000 and %), November 2004, February 2005, May 2005, August 2005 and November 2005
- THE WILLINGNESS TO SPEND FROM SAVINGS
- Table C: The Average Amount Consumers Are Willing to Spend from Savings in Order to Purchase Expensive Items at Current and Constant November 2004 Prices (£ and £bn), November 2004, February 2005, May 2005, August 2005 and November 2005
- Consumers Increasingly Cautious
- Table D: The Average Amounts Adults are Confident Spending to Purchase Expensive Items (£ and %), November 2004, February 2005, May 2005, August 2005 and November 2005
- 12. Further Sources
- Associations
- Publications
- General Sources
- Government Publications
- Bonnier Information Sources
AbstractThis Key Note Market Report examines the UK market for laboratory equipment, which is defined as the equipment/instrumentation and consumables used in science laboratories in the NHS, government, industry, etc. The laboratory equipment industry in the UK has a long history, having developed in tandem with the country's industrial revolution, and reflects the strength of the UK's science base. With estimated sales of £2.44bn in 2005, it is a relatively small industry (by contrast, the turnover of the chemical sector is estimated to have exceeded £56bn in the same year). Year-on-year growth between 2001 and 2005 reflects large increases in spending on the NHS and a relatively buoyant business environment that has supported expenditure on research and development (R&D).
Technological developments, such as miniaturisation and automation, are driving growth in the industry. Consumers are increasingly demanding space-saving options when purchasing new equipment, in order to contain or cut costs. The miniaturisation of instruments is also boosting the portability of laboratory equipment and manufacturers are increasingly focusing on mobility. Indeed, lab-on-a-chip technology will increase the trend towards miniature and more portable equipment over the next 5 years. Reproducing the functionality of a complete laboratory system at the size of a microchip no more than a few square centimetres in size offers huge advantages in terms of cost and time.
The market is not heavily reliant on any one sector. Indeed, the fact that public-sector organisations such as hospitals, schools and universities provide an important source of demand means that the industry is relatively well protected from the vagaries of the economic cycle — since governments tend to drive through annual increases in spending on these politically sensitive areas, whatever the state of the economy. However, industrial sectors also account for a large proportion of overall demand, and some of these industries, e.g. chemicals, are heavily influenced by the economic cycle. Nevertheless, the pharmaceuticals industry, which is this market's most important industrial customer, is relatively resilient to recession. It is also largely dependent on public- and private-sector spending on healthcare, and governments and consumers are reluctant to reduce expenditure in this area, even in times of economic hardship.
The laboratory equipment market should continue to grow rapidly, fuelled by technological developments that are boosting sales of added-value equipment, as well as the robust growth of R&D expenditure by industry — in particular, pharmaceuticals. However, spending by the NHS is likely to be less supportive from 2008, as the Government seeks to rein in the growth of public expenditure. According to newspaper reports in December 2005, which suggest that the cash crisis in the NHS is leading to a freeze on new spending, healthcare spending might already be slowing down. It is likely that an increasing proportion of sales will be supplied by emerging economies, such as China and India, where many of the multinationals that dominate the industry have already outsourced production. As their own scientific bases develop, these countries are likely to become increasingly important suppliers of laboratory equipment to the UK and other advanced countries.
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