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Life Science Tech Trends: Purchasing Dynamics
Drug Discovery & Development - May 01, 2008

Life Science Tech Trends Supplement
Back to Survey Index

Does software drive the purchase?
How do you place orders?
What do you buy online?
More online purchases in the future?
What is the market for used equipment?

Software Drives the Selection of a New Lab System
When purchasing new lab systems (chromatography, mass spec, etc.), virtually all respondents (95%) indicate that the system’s software helps drive the decision to select that equipment.

Software Drives Selection of Lab Systems 

 

Methods for Ordering Lab Products and Equipment
Life science researchers are less hesitant to make online purchases of commodities and lower-priced equipment.

% Respondents

 

Reagents

Lab Instruments

Labware

Lab Apparatus

Software

Place orders by phone

27.1

23.5

25.3

22.8

22.3

Place orders online

53.5

21.6

51.7

38.2

43.8

Give orders to reps when they visit

1.5

19.7

4.1

11.6

10.7

Mail/fax orders

17.9

35.2

19.0

27.4

23.1

 

 

 

 

 

 

Types of Lab Products/Equipment Purchased Online
Vendor/distributor Web sites are becoming more important as destinations for purchasing commodities, reagents, and some equipment.

Types of Products/Equipment Purchased Online

 

 

 

 

 

 

 

 

 

Trends in Purchasing Lab Products/Equipment Online
The Web continues to grow as a medium for purchasing and order filling. Sophisticated instruments, equipment, and chemicals are typically purchased through more traditional channels.

Trends in Purchasing Lab Products/Equipment Online 

 

 

 

 

 

 

 

 

Frequency of Purchasing Used Lab Products/Equipment
More than half the organizations (59%) now purchase used lab products or equipment.

Frequency of Purchasing Used Lab Products/Equipment 

 

 

 

 

About This Survey
This survey was prepared and conducted by Martin Akel & Associates, Chester, N.J. for the Advantage Business Media Science Group’s publications, Bioscience Technology and Drug Discovery & Development magazines. The survey was sent to a random sample of readers in November, 2007.






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