Yahoo Finance Global Laboratory Product Purchasing Trends Report 2020-2021 with Impacts of COVID-19
Dublin, April 20, 2021 (GLOBE NEWSWIRE) -- The "Global Laboratory Product Purchasing Trends, 2020-2021" report has been added to ResearchAndMarkets.com's offering.
Readers of one of the publisher's media partners were invited to participate in an online survey in September 2020 that centered on the state of their laboratories in 2020 and their expectations for 2021.
The publisher has conducted similar studies among the same targeted respondents since 2012. Where applicable, the study presents year-over-year data to illustrate yearly trend developments.
To qualify for survey participation, readers had to play a role in their laboratory's purchasing process, be familiar with their laboratory's product budgets, and represent a laboratory that either uses or plans to use products in one or more of the seven specified laboratory product categories: instruments, equipment, chemicals, reagents and kits, general lab supplies, plasticware, and glassware.
A total of 211 decision makers qualified for and completed the survey, answering questions on purchases, budgets, top companies, and purchasing preferences. Respondents were segmented by type of laboratory: academic/government, biopharmaceutical, industrial, and clinical.
This end-user survey polled researchers on their preferences in order to understand the laboratory product purchasing process and how that differs among the various organization types.
The data collected was quantitative in respect to budgets and qualitative with reference to end-user trends such as budget expectations, brand selection preferences, purchasing process steps, evaluation and sourcing of lab products, recent and expected instrument and equipment purchases, frequency of price comparisons, funding trends, unmet needs, product purchasing preferences, and the impact of COVID-19 on lab shutdowns and spending.
This survey provides companies with actionable and trending information from laboratory professionals that will help drive business strategies and develop growth expectations.
For the purpose of this analysis, respondents identifying as manufacturing, environmental testing, chemical or petrochemical, and food, beverage, or agricultural are combined as industrial laboratories. Biotechnology, pharmaceutical, and contract research organization are combined as biopharmaceutical laboratories.
State government and federal government laboratories are combined as government laboratories. Hospital laboratories and clinical reference laboratories fall under the clinical segment. Respondents indicated a wide range of job titles including researcher, scientist, investigator, director, manager, and technician.
Key Topics Covered:
1. Research Objectives and Methodology
Research Objectives
Research Methodology
Respondent Profiles
2. Executive Summary
Key Findings
Budget Changes
Laboratory Product Budget Breakdown and Trend
COVID-19 Impact on Laboratories
Growth Opportunity Areas
3. Laboratory Product Purchases and Influential Factors of Selection
Annual Comparison of Lab Product Information Sources
Most Frequently Used Information Sources
Lab Product Purchases
Annual Comparison of Product Purchases
Lab Product Purchases by Organization Type
Annual Comparison of Experience with Lab Product Purchases
Product Features
Product Origin
Manufacturer Features
Ordering and Shipment Features
Comparing Market Prices
Purchase Channels
Most Frequently Used Purchase Channels
4. Purchasing Experience - Opportunity Analysis
Purchasing Experience Aspects
Laboratory Product Purchase Improvement Areas
Purchasing Experience Aspect Assessment
Purchasing Experience Opportunity Areas
5. Laboratory Product Budgets and Growth Expectations
2020 Laboratory Product Budget
Laboratory Budget Breakdown and Trend
2020 Laboratory Product Budget Breakdown and 2021 Trend
Laboratory Product Funding Sources
Laboratory Product Funding Source Changes
6. Impact of COVID-19 on Laboratory Product Purchasing Trends
COVID-19 Impact on Laboratories
Laboratory Operating Status
Laboratory Shutdown
COVID-19 Impact on Q4 Spending
7. List of Exhibits
For more information about this report visit https://www.researchandmarkets.com/r/2xd3yu
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