The analytical instrumentation industry is driven by the need for productive solution that reduces the total operating costs for a customer. Advanced analytical technologies that enable faster analysis will help customers to achieve high productivity in their operations. Key manufacturers are trying to merge with companies to strengthen their product portfolio with additional offerings and to have a solid presence in all market segments. By this, companies are transforming to offer their customers a total solution from basic product offering. Solution selling is the way forward as customers value it and it also increases the revenue generated by vendors. For example, Pharmaceutical industry, which cannot survive without analytical instruments for their routine operations, has requirements for sophisticated equipment that will help them to meet tightening regulations. End users’ demand push manufacturers to offer sophisticated equipment that resolves customers’ day-to-day challenges.
Frost & Sullivan’s Analytical Instrumentation Market sector provides in-depth analysis of the global industry trends either through syndicated research or growth consulting. This program also assists companies in understanding key market scenarios and trends such as:
- New Changing Business Models: Pay-Per-Use Model, Platform-based Partnership, Value for Many
- Service Trends: Product as a Service, Profit-Centric Value Added Services
- Internet of Things: Adoption of IoT in the analytical field for faster analysis
- Dedicated Product Focus: Chromatography, Spectroscopy, Material Analysis, LIMS, Mass Spectrometry, Gas Analyzers, Microscopy and many more
16 Jul 2014  |  Global
Growing Demand for Online Analyzers with Lower Cost of Ownership
The global process analytical instrumentation market consists of 4 key segments: process chromatographs, process spectrometers, process gas analyzers, and process liquid analyzers. End users are challenged by the cost of maintaining process analytical instrumentation, resulting in a noticeable drive toward online analyzers with low cost of ownershi...
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