Another Year of Low-Growth Laboratory Product Budgets Anticipated in 2013.

The laboratory industry enjoyed several years of robust growth from the late 1990s until 2003. Record research and development (R&D) investments by the biopharmaceutical industry, in combination with the doubling of the U.S. National Institutes budget, allowed for continual double-digit growth rates.

To better ascertain the spending trends among laboratories, the editors of Lab Manager and Frost & Sullivan conducted a survey of 146 Lab Manager readers