Laboratory Instrumentation Market - Internationalization Opportunities

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Category: Business and Industry

Date Submitted: 02/17/2013 02:05 AM

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Table of contents

Executive Summary 4

Introduction 5

1. Global trends in laboratory analytical instrumentation market 6

1.1. Market definition and structure 6

1.2. Historical overview and size of the market 7

1.3. Current industry state: globalization and recession impacts 8

1.4. General trends and drivers of the market 9

1.5. Outlook for the future development 10

2. Essential aspects of targeted market in Russia 12

2.1. Key macroeconomic indicators 12

2.2. Business environment in Russia 13

2.3. Analysis of R&D segment in Russia 13

2.4. Related industries overview 15

Conclusions 17

Appendixes 18

References 19

Executive Summary

This report shows analysis of the current state of the global market for laboratory analytical instrumentation and points out the opportunities for foreign players in case of internationalization to Russia.

The market is mature in the US and Western Europe. Meanwhile it’s becoming more affected by the globalization involving the emerging economies in Asia and the Pacific Ocean region.

Russia as well can be considered as potentially attractive market for laboratory instrumentation vendors. A huge social potential for R&D due to a relatively high level of education amongst the population supported by the special-purpose governmental programs, economy modernization and a general focus on innovation in all industries may generate a significant demand for the state-of-art instruments in the coming years.

Definitely the international players should keep an eye on Russia as it would represent a new interesting geographical market for the expansion when the Chinese and Indian markets are saturated.

Introduction

This report has been prepared on the request from Swiss laboratory analytical instrumentation manufacturer Büchi Labortechnik AG. This company currently has subsidiaries in 14 countries outside Switzerland and plan to establish a representative office in Russia. At the time being the company...