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Lab Budgets and Sources of Funding in 2014: The Market Outlook for the United States, Europe and Asia

Report # 13-008
Publication Date Dec 2013
Page Count 210
Publisher BioInformatics LLC
Cost

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Lab Budgets and Sources of Funding in 2014: The Market Outlook for the United States, Europe and Asia

Report Scope & Objectives

euro_microscope Life science research is weathering an economically challenging time, exacerbated by the federal budget sequestration in the United States and by continued austerity in Europe. Grant money from all sources, both public and private, is increasingly difficult to obtain; and pharmaceutical spending on R&D has flattened following years of solid gains. Adds to this mix a decreased level of reimbursement for molecular diagnostic testing and a slow recovery from the "Great Recession" to establish the external macro economic environment that has led to a new normal that is defined by increasingly constrained budgets.

By contrast, developing nations in Asia (China in particular) are making significant investments in higher education, with a focus on science and technology, to include biotechnology. In addition, many global pharmaceutical and biopharmaceutical firms are establishing research centers in these countries; taking advantage of lower cost structures and the new availability of a well-trained work force. Our 2013 studies suggest that average laboratory budgets in Asia are larger than those in the United States and Europe. In this complex macroeconomic environment, life science suppliers are seeking guidance as to how to anticipate market trends in the United States, Europe and Asia in 2014.

money_flask In this multi-sponsor report, BioInformatics LLC has conducted an in-depth exploration of projected lab budgets and sources of funding by region, and the implications of these findings for the life science tools market in the coming year.

The objective of this study is to assess sources of funding, the competitive landscape and market opportunities for life science tools companies. From the perspective of end-users, the goals of this assignment will be to:

• Understand current sources of funding from government/stimulus/private foundation grants, distribution time frame and how labs initiate applications for funding.
• Compare and contrast FY2013 (actual), and FY2014 (projected) average lab budgets in total by broad product category, region and market segment; providing directional information for FY2014.
• Estimate scientists' budget for purchases and anticipated purchases in instrumentation and consumables, examining trends across key product categories.
• Assess how optimistic scientists are regarding funding and the future of life science research.

 

Contents & Pricing

BioInformatics LLC will deliver an in-depth analysis of the study's significant findings and their implications for your 2014 marketing strategy. An electronic version (PDF) of the final report, data set and data legend will be provided to each sponsor. The final report will consist of the following sections:

SECTION 1 - Overview and Regional Comparisons
SECTION 2 - Market Analysis and Funding Situation for the United States
SECTION 3 - Market Analysis for Funding Situation in Europe
SECTION 4 - Market Analysis for Asia
SECTION 5 - Study Methodology and Demographics
SECTION 6 - Verbatim Comments from Survey Respondents

Due to popular demand, we are making this report available to a wider audience following early access by the study’s syndicating sponsors. In addition, new purchasing options are available for region-specific sections of the report. This report will only be available electronically with a site license, and a complimentary dataset in Excel (regularly a $1,200 value) will be included with your order.

$6,200 - United States Only (Primary & Secondary Research)
$6,200 - Europe Only (Primary & Secondary Research)
$6,200 - Asia Only (Primary Research)
$18,000 - United States, Europe & Asia (Primary & Secondary Research)

With your purchase of this report, we invite you to set up a meeting with our report team of scientific and business analysts. We can answer any questions you may have about the study results and we can share with you what we believe to be the significant trends affecting your market.

Please note, sponsorship opportunities for this report are no longer available.

To purchase this report as a non-sponsor and/or for any interest in region specific report information, please contact:

Angela Fernandez
Marketing/Sales Coordinator
BioInformatics LLC
703.778.3080 ext. 14
reports@gene2drug.com
www.gene2drug.com

Company-wide License (includes print copy) $18,000
Site License (includes print copy) $18,000
Print Copy $18,000
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"Thank you for all of your work, you and your team. This is great! After reading the transcripts and the summary, I find all of the conclusions to be consistent, logical and reasonable. " - Business Development Manager, Nonprofit Biological Resource Center

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