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Lab Equipment and Supplies

Equment and supplies used in a R&D discovery and analysis lab.

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    Lab Equipment and Supplies Suppliers

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    Sample Supplier
    Company
    IQVIA HOLDINGS INC.
    Location
    Jackson, Mississipi
    Duns number
    3862211
    D&B SER Rating
    dnb logo

    Up to 3 months

    1 9
    4
    Low Risk High Risk

    The Supplier Evaluation Risk (SER) Rating is Dun & Bradstreet’s proprietary scoring system used to assess the probability that a business will seek relief from creditors or cease operations within the next 12 months. SER ratings range from 1 to 9, with 9 indicating the highest risk of failure. We’ve prepared an infographic to help business owners better understand what influences their SER Rating.

    Moody`s ESG Solution
    ESG Profile
    Company and Sector Performance
    36
    100
    Limited (1)
    ESG Perfomance (/100)
    Environment
    41
    Social
    30
    Governance
    43
    6 Domains Performance (/100)
    Business behaviour
    48
    Human rights
    39
    Community Environment
    31
    Corporate governance
    40
    Human resources
    22
    Security Scorecard
    77
    Threat indicators
    C
    75
    Network Security
    Detecting insecure network settings
    A
    100
    Hacker Chatter
    Monitoring hacker sites for chatter about your company
    D
    63
    DNS Health
    Detecting DNS insecure configuration and vulnerabilities
    C
    70
    Application Security
    Detecting common website application vulnerbilities
    C
    77
    Endpoint Security
    Detecting unprotected enpoints or entry points of user tools, such as desktops, laptops mobile devices, and virtual desktops
    A
    100
    Cubic Score
    Proprietary algorithms checking for implementation of common security best practices
    D
    60
    Patching Cadence
    Out of date company assets which may contain vulnerabilities of risk
    A
    100
    Social Engineering
    Measuring company awareness to a social engineering or phising attack
    A
    100
    IP Reputation
    Detecting suspecious activity, such as malware or spam, within your company network
    A
    100
    Information Leak
    Potentially confidential company information which may have been inadvertently leaked
    Industry Comparison
    iqvia.com
    Industry average
    Adverse Media Appearances
    Environmental Issues
    0
    Workforce Health Safety Issues
    0
    Product Service Issues
    1
    Human Rights Issues
    0
    Production Supply Chain Issues
    0
    Environmental Non Compliance Flags
    1
    Corruption Issues
    0
    Regulatory Non Compliance Flags
    2
    Fraud Issues
    0
    Labor Health Safety Flags
    0
    Regulatory Issues
    2
    Workforce Disputes
    0
    Sanctions
    0
    esg energy transition
    28
    Discrimination Workforce Rights Issues
    0
    esg controversies critical severity
    No

    Lab Equipment and Supplies market report transcript

    Economic Stagnancy in Established Markets

    • In 2016, the US and Europe contributed 48 percent and 32 percent respectively to the global lab supplies and equipment market
    • Moderate speed of economic recovery of the US would continue to influence the lab supplies purchases by academic, research, and federal institutions

    Economic Slowdown in Emerging Markets

    • During 2011–2014, the lab products industry (consumables, chemicals, and equipment) performed well in India and China and witnessed yearly growth of around 12 percent and 9 percent respectively
    • During 2015 - 16, the economic slowdown in China and India impacted the growth rate of lab consumables industry

    End-user Segmentation

    Suppliers view the pharmaceutical industry buyers as core accounts with whom they are willing to engage in a strategic partnership and offer better options for technology updates and equipment replacement

    Buyer Segment Trends

    • Pharmaceutical companies are the primary buyers of lab equipment and the suppliers are keen on meeting buyer's interest
    • Pharmaceutical end-user often look up for new hybrid technologies, such as UHPLC, HILIC, SFC, LC-MS, LC-NMR, and LC-FTIR
    • High growth potential of demand from CROs make them an attractive buyer for suppliers along with biotechnology and food and beverage industry
    • Financial crisis and high acquisition cost decelerated the adoption rate of advanced technology and automation

    Regional Demand 

    • In 2016, stronger dollar negated the growth of many regional markets. Suppliers have reported double digit negative effects on revenue post the currency conversion from European and LATAM markets
    • In 2017, it is expected that stronger dollar would be a challenge for suppliers, as most of them are based out of the US
    • Rebalancing of Indian and Chinese economy along with stabilizing the US economy would drive the growth in market

    Technology Trends

    Sustainability

    • Energy efficiency, minimizing operating cost, increasing researchers' productivity and decreasing waste productions, would continue as focus points of lab equipment buyers in future

    IP Protection

    • Increasing popularity of cloud computing and mobiles in analytical and quality laboratories is demanding the organizations to redefine the information access protocols

    Automation

    • Lab equipment automation would be more focused towards enabling the continuous flow and decreasing the batching requirements during experiments

    Focus on High Resolution

    • Super resolution is the focus of imaging equipment future, which would be more living-cell-friendly and allow the researchers to image whole organisms through development

    3-D Printing

    • 3-D printers are expected to provide cost-effective ways to customize costly equipment in future

    Integrated Systems

    • Waters introduced ionkey/MS system. This device integrates the UPLC separation into the source of a mass spectrometer and delivered enhanced sensitivity, performance, and ease of use

    Portability of Devices

    • Suppliers are focusing on developing the portable equipment, which can work as a supplement to the primary lab equipment that makes things easier for field scientists. It is cost-effective, as all samples would not be required to send to labs

    Increased Focus on Data Integrity

    • Demand for efficient software for managing clinical workflow, in terms of regulatory compliance and data security, is increasing. Life science, healthcare industry contributed to the major share in the overall laboratory informatics (LIMS, CDS and others) market. TetraScience developed a data-integration platform that connects disparate types of lab equipment and software systems, in-house and outsourced drug developers and manufacturers. It then unites the data from all these sources in the cloud for speedy and more accurate research, cost savings, and other benefits

     

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