Lab / Laboratory Equipment refers to all the devices and tools used in a laboratory to carry out tests, examine samples, and conduct research. It primarily comprises of instruments such as incubators, autoclaves, spectrophotometers, centrifuges, microscopes, other disposable products such as pipette tips, petri dishes, test tubes, etc. The products offered in the category has wide range of application in sectors such as research institutes, biotechnology, microbiology labs, drug development laboratories, etc.
Browse Report @ https://www.grandviewresearch.com/pipeline/lab-equipment-procurement-intelligence-report
Lab Equipment Sourcing Intelligence Highlights
- The lab equipment category exhibits a fragmented landscape, with intense competition among the service providers.
- India is the preferred low-cost/best cost country for sourcing lab equipment owing to supportive government policies, including tax breaks and funding for research & development.
- Buyers in the category possess high negotiating capability owing to the intense competition among the service providers based on the number of products and prices, enabling the buyers with flexibility to switch to a better alternative.
- Cost of raw materials, labor, machinery & tools, energy, transportation & storage, and other costs are the major cost components of the lab equipment category.
Pipeline has a team of dedicated, experienced analysts with domain-specific expertise and extensive economic and business training that allows them to solve key client questions. They’re guided by highly experienced team managers and supported by skilled project managers.
Add-on Services
Should Cost Analysis
Component wise cost break down for better negotiation for the client, highlights the key cost drivers in the market with future price fluctuation for different materials (e.g.: steel, aluminum, etc.) used in the production process
Rate Benchmarking
Offering cost transparency for different products / services procured by the client. A typical report involves 2-3 case scenarios helping clients to select the best suited engagement with the supplier
Salary Benchmarking
Determining and forecasting salaries for specific skill set labor to make decision on outsourcing vs in-house.
Supplier Newsletter
A typical newsletter study by capturing latest information for specific suppliers related to: M&As, technological innovations, expansion, litigations, bankruptcy etc.
