Instrumentation: Caution Prevails In Light Of Varied Market Opportunities | Chemical & Engineering News
 
 
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Volume 90 Issue 2 | p. 13
Issue Date: January 9, 2012 | Web Date: January 12, 2012

Cover Stories: World Chemical Outlook 2012

Instrumentation: Caution Prevails In Light Of Varied Market Opportunities

Department: Business
Keywords: instrumentation, lab equipment, life sciences tools

The $40 billion global lab instrumentation market is expected to grow in 2012 despite uncertain academic and government funding.

After a downturn in 2009 and a strong uptick in 2010, many companies were upbeat going into 2011. But the year turned out more challenging than expected, with many economic upheavals and no consistent recovery. For 2012, although macroeconomic data remain mixed, the life sciences tools industry “should grow in excess of global GDP given steady . . .

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