HTStec's Lab Instruments Rental Trends 2012 report was published on 3 October
2012. This 53 page market report summarizes the results of HTStec's
industry-wide global web-based benchmarking survey on lab instrument rental
carried out in September 2012. Many labs are experiencing serious budgetary
constraints in purchasing new lab instruments today. But owning laboratory
instrumentation and the outright purchase model still remains the norm in life
science research in academia, pharma and biotech today. This may all change,
as organisations increasingly realize that owning expensive assets that
depreciate rapidly and are costly to service may not make best business sense.
Discussion and debate around alternative acquisition strategies involving
instrument rental/lease has started to occur as a few vendors begin to
offer/consider instrument rental. The aim of this global benchmarking study
was to track to emergence of this life science trend. The objective was to
understand the appetite for change and willingness to engage in investigating
lab instrument rental/lease as a viable alternative to the outright purchase
model. The results of this survey are intended to be used by instrument
vendors/suppliers considering if they should make more instruments available
for rental/lease. The report is based on 105 responses mainly from University,
Pharma and Biotech research labs in North America and Europe.
Table of Contents
Table of Contents
Executive Summary
Table of Contents
Survey Methodology
Respondent's Main Group Activity and Response to Survey
Respondent's Geographic Origin
Respondent's Company or Organisational Origin
Respondent's Job Role
Best Describes Respondent's Use of Instruments
Budgetary Constraints on Purchasing New Lab Instruments
Main Reasons Budgetary Constraints on Purchasing New Lab Instruments
as Money Available to Purchase New Capital Equipment Changed
Has Money Available to Purchase Consumables Changed
What Impacts Ability to Purchase New Lab Instruments Today (1)
What Impacts Ability to Purchase New Lab Instruments Today (2)
Procedures Used to Evaluate New Instruments Prior to Purchase
Summary of Survey Findings (1)
Provision Made at Time of Purchase for Future Service/Maintenance Costs
New Instrument Trial Periods
Difficulties Encountered During a Trial/Evaluation Period
Inability to Purchase a New Instrument Due to Internal Procedures
Previous Experience of Renting or Leasing Laboratory Instruments
Feedback on Previous Renting or Leasing Laboratory Instruments
Openness to Consider Alternative Purchasing Scenarios
Interest in Alternative Purchasing Strategies for Lab Instruments (1)
Interest in Alternative Purchasing Strategies for Lab Instruments (2)
Main Motivators to Consider Lab Instrument Rental Today
Approval Needed Internally to Sign a Lab Instrument Rental Agreement
Categories of Lab Instruments Respondents Most Interested in Renting
Monthly $ Limit for Renting a Single Instrument
Annual Budget for Instrument Rental/Lease Agreements
Estimated Potential Market for Instrument Rental/Lease
Segmentation of Potential Market for Instrument Rental/Lease
Preferred Way to Pay a Monthly Rental/Lease Agreement
Summary of Survey Findings (2)
Advantage of Features of Outright Instrument Purchase Model
Advantages of Features of Instrument Rental/Lease Model
Comparison of Instrument Outright Purchase Versus Rental/Lease Model
Preferred Provision of Laboratory Instrument Rental and Support
Importance of Technical Su
Issues in a Lab Instrument Rental Situation (1)
Importance of Technical Su
Issues in a Lab Instrument Rental Situation (2)
Likelihood Will Rent/Lease a Lab Instrument Over the Next 3 Years
Outright Purchase Price Respondents Would Pay Annually to Rent
Awareness of the Instrument Business Norm in Diagnostics
Why Respondents Think Instrument Vendors to the Academic, Pharma & Biotech
Community Have Rarely Adopted or Promoted Rental in the Past?
Interest in a Wider Offering of Instruments Available for Rent/Lease
Awareness of Companies Offering Monthly Rental of Instruments
Summary of Survey Findings (3)
Lab Instrument Rental Trends 2012 published by HTStec Ltd in October 3, 2012. This report consists of 53 Pages and the price starts from US $ 2500.
