report #13-008: lab budgets and sources of funding in 2014 - the market outlook for the united...
DESCRIPTION
In this multi-sponsor report, BioInformatics LLC will conduct an in-depth exploration of projected lab budgets and sources of funding by region, and the implications of these findings for the life science tools market in the coming year. The objective of this study is to assess sources of funding, the competitive landscape and market opportunities for life science tools companies. From the perspective of end-users, the goals of this assignment will be to: -Understand current sources of funding from government/stimulus/private foundation grants, distribution time frame and how labs initiate applications for funding. -Compare and contrast FY2013 (actual), and FY2014 (projected) average lab budgets in total by broad product category, region and market segment; providing directional information for FY2014. -Estimate scientists' budget for purchases and anticipated purchases in instrumentation and consumables, examining trends across key product categories. -Assess how optimistic scientists are regarding funding and the future of life science research. Contents, pricing and deadline ----------------------------------- BioInformatics LLC will deliver an in-depth analysis of the study's significant findings and their implications for your 2014 marketing strategy. A hard copy and an electronic version (PDF) of the final report will be provided to each sponsor. The final report will consist of the following sections: SECTION 1 - Overview and Regional Comparisons SECTION 2 - Market Analysis and Funding Situation for the United States SECTION 3 - Market Analysis for Funding Situation in Europe SECTION 4 - Market Analysis for Asia SECTION 5 - Study Methodology and Demographics SECTION 6 - Verbatim Comments from Survey Respondents Due to the high level of interest in this topic expressed by multiple life science suppliers and to defray the costs inherent in such a complex study, we are offering the report as a multi-sponsor opportunity. The fee for this study is $15,000 for each sponsor, but the report you will receive would be a $50,000-$60,000 investment for a single company to commission it individually. Please note that the deadline for inclusion in the October 2013 study is Friday, October 18, 2013.* For more information on this report, contact: Mary Follin Marketing/Sales Manager BioInformatics LLC 703.778.3080 ext. 13 [email protected] www.gene2drug.com *We will require a minimum of 6 sponsors to move forward with this study, so if you could indicate your intention to participate as soon as you've made a decision, that will be helpful to us for planning purposes.TRANSCRIPT
gene2drug.com Life Science Industry Market Research
Life Science Industry Market Research gene2drug.com
Why We’re Here
• Economic landscape
• Report scope
• Being a sponsor
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Your Feedback (Type questions in the box on the side of your screen)
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About BioInformatics LLC
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§ A full-service market research firm since 1994:
• Published and syndicated reports
• Consulting and strategy development
• Expert interviews
• Focus groups
• Surveys
• RateMyProduct™
Life Science Industry Market Research gene2drug.com
About BioInformatics LLC
§ Conducting market research exclusively on scientific markets:
• Lab products
• Analytical instrumentation
• Biotechnology research & bioprocessing
• Drug discovery & development
• Molecular diagnostics
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manufacturing & material science
chemical, food & beverage
environmental testing
clinical diagnostics
pharmaceutical agriculture biotech
laboratory products
life sciences
Life Science Industry Market Research gene2drug.com
About BioInformatics LLC
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Project team includes scientists, statisticians and business analysts.
Instant access to a 74,000+ member expert scientific panel.
An Overview of Your Epigenetic Research
© 2009 BioInformatics, LLC www.gene2drug.com 3-17
* Totals are based on number of times an item was selected.* Percentages are based on number of respondents.
68%
57%
55%
47%
23%
20%
14%
10%
10%
5%
0% 10% 20% 30% 40% 50% 60% 70% 80%
Gene regulation
Disease mechanisms
Biomarkers
Basic biology of epigenetics
Therapeutic targets
Stem cells
Genomic imprinting
Transgenerational epigenetic
inheritance
Tissue repair/regeneration
X chromosome inactivation
Respondents 200
Gene regulation 135
Disease mechanisms 115
Biomarkers 110
Basic biology of epigenetics 94
Therapeutic targets 46
Stem cells 41
Genomic imprinting 27
Transgenerational epigenetic
inheritance 21
X chromosome inactivation 10
Question 9*
(check all that apply)
Conduct market research for major suppliers in the industry.
Life Science Industry Market Research gene2drug.com
Introduction
Robin Rothrock, Ph.D.
Director of Publications
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Overview of the Economic Landscape
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Life Science Industry Market Research gene2drug.com
United States
§ Sequester
§ Uncertainty regarding healthcare reform
§ Changes in molecular diagnostic tests coding and reimbursement
§ Flat to declining pharmaceutical R&D budgets
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Life Science Industry Market Research gene2drug.com
Europe
§ Continued fiscal austerity
§ Changes in healthcare institutions and funding
§ Funding of research is complex and multilayered
§ Cross-border collaboration is increasing
§ Leading institutions are taking action to be competitive with the U.S. in recruiting postdocs from India and China
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Life Science Industry Market Research gene2drug.com
China
§ Government and commercial investment: >$260 billion over the next 5 years
• 500 universities
• More than 150,000 life science graduates per year
• Four innovation clusters
• 7,500 life science companies
• 200 life science incubators
• 100 life science parks
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§ “Sea turtles” return § Growth in pharmaceutical
market
Life Science Industry Market Research gene2drug.com
A New Normal for Life Science Research
§ Slow global recovery
§ Unfavorable research funding
§ ñ pricing pressure
§ Growth in Asian markets may be slowing
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Report Scope
Life Science Industry Market Research gene2drug.com
Objectives
§ Understand current sources of funding
§ Compare and contrast FY2013 (actual), and FY2014 (projected) average lab budgets
§ Estimate scientists’ budget for purchases and anticipated purchases in instrumentation and consumables
§ Take the pulse of the life science community regarding funding and the future of life science research
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Life Science Industry Market Research gene2drug.com
Framework
Secondary research
§ An extensive review of relevant research councils, funding agencies and private funding sources
§ United States and Europe
Primary research
§ Quantitative survey administered to life scientists in the United States, Europe and Asia
§ Have budget authority
§ Sample size ≅ 1,000
§ 75% academic/gov’t and 25% life science industry
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Life Science Industry Market Research gene2drug.com
Questionnaire
§ Funding & Budgets • Current sources of funding
• Average lab budgets (2013 and 2014)
• Average lab budgets for instrumentation
• Average lab budgets for consumables
• Percent budget allocation for overhead and salaries
• Laboratory headcount
§ Techniques • Current usage
• Explore adoption of new products/techniques in the next 12 months
• Purchase of instrumentation (actual in 2013 and expected in 2014)
• Identify new and emerging technologies
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Life Science Industry Market Research gene2drug.com
Customer Sentiment
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Will my project be funded next year?
Life Science Industry Market Research gene2drug.com
Product Categories
§ Instrumentation for… • Cell-based analysis (flow cytometers,
high content analyzers, all microscopes, high throughput screening and analysis systems, etc.)
• Genome analysis (thermal cyclers, real-time PCR instrumentation, microarray instrumentation, NGS, capillary electrophoresis, etc.)
• Protein analysis (chromatography, electrophoresis, mass spectrometry, label-free detection, calorimetry, NMR, CD, etc.)
§ Consumables • Cell-based analysis kits and reagents
(cell culture media and reagents, antibodies, cell biology kits, etc.)
• Genome analysis kits and reagents (enzymes, kits, ladders, nucleic acid purification and separation products, oligonucleotides [primers, RNAi], etc.)
• Protein purification and separation kits and reagents (chromatography media, electrophoresis matrices, protein ladders, etc.)
• General laboratory chemicals, plasticware, glassware and disposables
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Life Science Industry Market Research gene2drug.com
Cell-Based Techniques
§ Bacteria Culture § Cell-Based Assays § Confocal Microscopy
§ Eukaryotic Cell/Tissue Culture § Flow Cytometry
§ Fluorescence Microscopy § Gene Expression Analysis § High Content Screening
§ High-Throughput Screening (HTS)
§ Immunohistochemistry
§ Light Microscopy § Stem Cell Culture/Analysis
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Life Science Industry Market Research gene2drug.com
Genomics Techniques
§ Classical End-Point PCR § Cloning/Molecular biology
Techniques
§ DNA/RNA Microarrays § Genotyping
§ Next Generation Sequencing § Real-Time PCR § RNAi (including siRNA, miRNA)
§ Sanger DNA Sequencing § Single Nucleotide Polymorphism
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Life Science Industry Market Research gene2drug.com
Protein Techniques
§ 2-D Gel Electrophoresis
§ Calorimetry (including ITC, DSC)
§ Enzyme-linked Immunosorbent Assay (ELISA)
§ Label-Free Detection/Analysis (Including Biosensors, SPR, etc.)
§ Light Scattering (MALS, DLS)
§ Mass Spectrometry
§ Multiplex Bead Assays
§ Protein Purification & Separation
§ Protein Structural Analysis (NMR, CD, etc.)
§ Western Blotting
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Deliverable
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UK, France, Germany,
Spain, Italy, Switzerland & Scandinavia
China, India, South Korea, Singapore &
Japan
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Why this report?
Life Science Industry Market Research gene2drug.com
Share Gain/Share Protect Strategies
§ Where is the growth?
§ Funding trends?
§ Are researchers pitching their grants to follow the money?
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How You Can Use It
§ Check assumptions
§ Make decisions
§ Forecast revenues
§ Identify potential growth
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Benefits of Being a Sponsor
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Cost Control
Start-up Time
Expertise
Objectivity
Efficiency
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Fees
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$80,000-$100,00
Cost of sponsorship is $15,000
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Questions?
Life Science Industry Market Research gene2drug.com
Contact
Mary Follin
Marketing/Sales Manager
703.778.3080 x13
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Lab Budgets and Sources of Funding in 2014 Multi-Sponsor Research December 2013
CALL TODAY to BECOME A SPONSOR!