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Frost & Sullivan defines the metaverse as a network of persistent 3D worlds and simulations in which end users possess a sense of social presence and spatial awareness and can participate in an extensive virtual economy. The central concept of the metaverse is straightforward but intriguing: A persistent 3D world in which an infinite number of peop...

The global automotive industry is being completely redefined, from what goes into an automobile to how raw material is mined for production. Every underlying tenet of the industry is changing as the world strives toward sustainability, consumer preferences evolve, and data grows in abundance and significance. This comprehensive Frost & Sullivan...

This analysis examines key trends in the thermoplastics industry as companies focus investment on areas that support long-term growth and competitiveness. Sustainability, circularity, and AI-driven innovation are emerging as pivotal megatrends that significantly influence core aspects of the market, including production processes, R&D priorities, p...

30 Mar 2023  |  North America  |  Customer Research

Global Laboratory Product Purchasing Trends, 2022–2023

End–user Perspectives on Laboratory Spending Reveals Modest 2023 Budget Increases Following robust 2022 Spending

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Readers of one of Frost & Sullivan’s media partners were invited to participate in an online survey from October to November 2022 examining their laboratories’ product purchasing process in 2022 and expectations for 2023. Frost & Sullivan has conducted similar studies among the same targeted respondents since 2012. The study presents year-over-...

This edition of the Industrial Bioprocessing TOE features information on carbon removal with enhanced rock weathering, bio-based mineralization techniques, biofilm-based bioreactor process for conversion of waste feedstocks into renewable chemicals, fermentation process for sustainable animal-free protein production, microbial gas fermentation, bio...

Water is necessary for many applications apart from sustaining life. Because it may not be available in sufficient quantity or at the quality required, some form of treatment may be necessary to meet the needs of an application. More stringent water quality specifications normally require more elaborate treatment methods. Challenges of availing cle...

This edition of the Industrial Bioprocessing TOE features information on innovations in advanced fermentation technology, biocatalysis application in pharma industry, enzymatic bioconversion, sustainable protein production, plastic recycling, carbon capture, among others.The Industrial Bioprocessing TOE provides intelligence on technologies, proces...

This research service provides detailed and up-to-date market intelligence on production and investment in Mozambique's mining industry. The Mozambique economy has grown sharply in the past decade due to increased production in its mining sector and stable macroeconomic environment. The country's coal and aluminium sectors have attracted significan...

Qualified respondents to this Frost & Sullivan survey were invited to participate in a telephone interview examining their laboratory’s product purchasing process in 2024 and expectations for 2025. Frost & Sullivan has conducted similar studies among the same targeted respondents since 2012. The survey provides companies with actionable and trendin...