Grand scale: Biotechnology growth will offset slowed demand from pharmaceuticals

IBISWorld’s Laboratory Supply Wholesaling market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.


Industry Threats & Opportunities

  • Demand from biotechnology will drive revenue growth moving forward
  • Pharmaceutical manufacturers cut spending on supplies, hurting industry demand
  • As downstream operators merge, they will require fewer lab supplies, stifling demand for the industry

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    Industry Analysis & Industry Trends

    Demand for laboratory and scientific supplies will remain inexorably linked to downstream industries like pharmaceuticals and biotechnology. An increase in scientific research and development, as well as economic growth, will result in modest revenue increases during the next five years. Most prominently, accelerated growth in the biotechnology sector will bolster demand for industry products. Acquisitions are expected to continue as laboratory distributors aim to further diversity their product offerings. Wholesale bypass is nonetheless anticipated to limit growth...

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    Industry Report - Industry Investment Chapter

    The Laboratory Supply Wholesaling industry has a low level of capital intensity. Expenditure on wages accounts for a larger portion of revenue compared to capital expenditure. Costs allocated to purchases and labor are the largest expense items for this industry; for every dollar spent on labor the industry is expected to spend about $0.05 on capital improvements in 2016.

    Capital equipment requirements are low. Main areas of expenditure include delivery vehicles, fuel, storage (warehousing) and logistics and computerized inventory systems. In this industry, service and product knowledge (neither of which have a high capital component) often set one company apart from another.


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    Additional Insights for the Laboratory Supply Wholesaling Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Laboratory Supply Wholesaling Industry are

  • Guaranteed supply of key inputs
  • Having an extensive distribution/collection network
  • Having contacts within key markets
  • IBISWorld analysts also discuss how external factors such as Research and development expenditure and Demand from laboratory testing services in the Laboratory Supply Wholesaling industry impact industry performance..

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    Industry Products

    What is the Laboratory Supply Wholesaling Industry?

    Industry operators engage in the wholesale distribution of laboratory, scientific and school equipment and supplies. This industry excludes wholesalers that predominantly sell medical, hospital, and dental equipment and supply distribution.

    Industry Products
    School equipment and supplies
    Laboratory equipment and supplies
    Scientific equipment and supplies
    Other professional equipment
    Veterinarian's equipment and supply
    Surgical, medical, and hospital supplies
    Industry Activities
    Analytical instruments (e.g. chromatographic, photometers and spectrographs) wholesaling
    Architect, drafting, engineer, surveying, and veterinarian equipment and supplies wholesaling
    Laboratory equipment, including balances and scales wholesaling
    Professional instruments, equipment and supplies wholesaling
    School equipment and supplies wholesaling
    Scientific instruments and scientific laboratory equipment wholesaling
    Veterinary equipment wholesaling

    Table of Contents

    About this Industry
    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry at a Glance
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Industry Performance
    Executive Summary
    Key External Drivers
  • Research and development expenditure
  • Demand from laboratory testing services
  • commerce sales
  • Government funding for universities

  • Current Performance
  • Regulation and standards
  • Pharmaceutical demand stagnates
  • Industry consolidation and competition
  • Chart: Revenue Growth

  • Industry Outlook
  • Test lab purchases
  • Restructuring
  • Pharmaceuticals and R&D
  • Table: Laboratory Supply Wholesaling Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Laboratory Supply Wholesaling Industry Lifecycle vs The Economy

  • Products & Markets
    Supply Chains
    Key Buying Industries
  • Architects
  • Building Inspectors
  • Geophysical Services
  • Surveying & Mapping Services
  • Laboratory Testing Services
  • Graphic Designers
  • Scientific Research & Development
  • Educational Services

  • Key Selling Industries
  • Household Furniture Manufacturing
  • Medical Device Manufacturing
  • Navigational Instrument Manufacturing

  • Products & Services
  • Laboratory equipment and supplies
  • Other professional equipment
  • Scientific equipment and supplies
  • School equipment and supplies
  • Veterinarian's equipment and supply
  • Surgical, medical, and hospital supplies
  • Chart: Laboratory Supply Wholesaling Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Businesses for end use
  • Government facilities (excluding educational institutions)
  • Wholesalers for resale
  • Other
  • Retailers for resale
  • Export sales
  • Manufacturing and mining industrial use for inputs
  • Chart: Major Market Segmentation for the Laboratory Supply Wholesaling Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Competitive Landscape
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
    ProfitPurchasesLabor and capitalOther expenses
  • Chart: Cost Structure Benchmarking – Sector vs Laboratory Supply Wholesaling

  • Basis of Competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Laboratory Supply Wholesaling Industry

  • Industry Globalization
    Major Companies
    Thermo Fisher Scientific Inc.VWR Corporation
  • Table: Thermo Fisher Scientific Inc. - financial performance
  • Table: VWR Corporation - financial performance

  • Operating Conditions
    Capital Intensity
  • Chart: Level of Capital Intensity for the Laboratory Supply Wholesaling Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Key Statistics
    Table: Industry Data for the Laboratory Supply Wholesaling Industry
  • Industry Revenue (2007-2021)
  • Industry Gross Product (2007-2021)
  • Establishments (2007-2021)
  • Businesses (2007-2021)
  • Employment (2007-2021)
  • Wages (2007-2021)
  • Price of Diesel (2007-2021)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Table: Industry Financial Ratios
    Jargon & Glossary
    Mergers And Acquisitions (M&A)
  • The buying, selling and combining of companies.
  • Research And Development (R&D)
  • Creative work undertaken by a company in order to increase the stock of knowledge, which can then be applied to developing a new product or improving an existing one.
  • Wholesale Bypass
  • A popular trend within retail and manufacturing industries where producers supply goods directly to stores, eliminating the middleman.
  • Why buy this report?

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    • Identify threats and opportunities
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    This report on Laboratory Supply Wholesaling:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Laboratory Supply Wholesaling market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Laboratory Supply Wholesaling, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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