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A Scientist's Guide to Purchasing Lab Equipment in New York City

Last Updated on 

January 6, 2022

By 

Excedr
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Table of Contents

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While New York City is often associated with fast-paced urban life, its ambitions to grow into a leading hub for biotech and life science industries are equally compelling. Although the city has faced challenges with securing adequate space for laboratories, research, and development teams, organizations and government entities have collaborated to overcome these barriers. Today, New York’s lab equipment industry is rapidly expanding, with a vibrant biotech scene that mirrors the city's bustling energy.

This guide will help you navigate the landscape of purchasing laboratory equipment in New York City, providing insights into the industry, key resources, and reputable vendors. Whether you’re setting up a new lab or expanding an existing one, you'll find valuable information to ensure your equipment procurement process is smooth and informed.

Overview of the Lab Equipment Industry in New York City

New York City's lab industry is thriving, thanks in part to its proximity to prestigious universities, research institutions, and innovation hubs. The region's growing emphasis on life sciences, biotechnology, and environmental sciences has solidified its place as a key player in the lab equipment sector.

Key Institutions Contributing to the Growth

Several notable academic and research institutions in New York have fueled the expansion of the lab equipment market, including:

  • Cornell University: As one of the nation's leading research institutions, Cornell University invested over $270 million in biomedical and biological research in 2019. With a wealth of graduate and undergraduate research opportunities, Cornell continues to drive innovation in the life sciences.
  • Colgate University: A leader in liberal arts education, Colgate University is known for its intellectual rigor and impactful research fellowship programs, making significant contributions to various scientific fields.
  • New York Hall of Science (NYSCI): Serving as a hub for STEM education, the NYSCI offers hands-on learning through exhibits, programs, and labs, nurturing curiosity and fostering the next generation of scientists.

With over 150 laboratories in New York City alone—not counting those in the Bronx and Brooklyn—the city’s laboratory sector is more robust than one might assume. Iconic companies like Pfizer, known for their innovations in biologics, vaccines, and the development of the COVID-19 vaccine, call NYC home. In addition to biotech giants, incubators and accelerators like BioBAT and New York Digital Health Innovation Lab play crucial roles in nurturing growth-stage companies and fostering technological advancements in healthcare.

Where to Find Laboratory Equipment Suppliers in NYC

As New York’s biotech scene flourishes, so too does the market for lab equipment. Whether you’re in need of high-quality tools for life science, biotech, or environmental science, NYC is home to several reputable suppliers offering both new and refurbished lab equipment.

York Scientific Technology

Founded in 1994, York Scientific Technology has built a strong reputation as a provider of laboratory equipment and IT equipment in New York. Specializing in sourcing hard-to-find testing and measuring equipment, York Scientific is a great partner for any lab looking for unique tools. They also offer warranties to ensure you get the quality equipment you need.

New York Microscope Company

Specializing in microscopes and related lab supplies, New York Microscope Company is a trusted vendor for a range of high-quality products, including digital and stereo microscopes, microscope cameras, and necessary accessories. Their offerings also include comprehensive microscope services to ensure your equipment is always functional and well-maintained.

Key Considerations When Purchasing Lab Equipment

When acquiring lab equipment, it’s crucial to assess not just the price but also the quality, compatibility, and long-term value of the equipment. Below are several key factors to consider:

1. Warranty & Service Contracts

Look for equipment that comes with a warranty or the option to purchase a service contract. This ensures that your lab will have reliable access to repairs or replacements, keeping downtime to a minimum.

2. Condition: New vs. Refurbished Lab Equipment

When considering used lab equipment, assess whether it has been thoroughly refurbished. Refurbished equipment that has undergone testing and recalibration can be just as reliable as new equipment while being more cost-effective.

3. Quality and Compatibility

Ensure the piece of equipment you purchase is compatible with your existing lab setup and meets your research needs. Investing in high-quality equipment from a trusted reseller helps guarantee optimal performance and durability over time.

4. Space and Utility Considerations

Depending on the size of your lab and its layout, you may need to choose between compact benchtop units or larger pieces like incubators, freezers, or centrifuges. Make sure you factor in utility costs and operational efficiency when selecting laboratory equipment.

5. Purchasing or Leasing

While buying lab equipment outright is the traditional approach, leasing is increasingly becoming an attractive alternative. Leasing allows you to acquire state-of-the-art equipment without the hefty upfront costs, making it an ideal option for new labs or those scaling up operations.

Final Thoughts: Equip Your Lab for Success in NYC

New York City’s biotech and life sciences sector is a hub of innovation, offering unparalleled opportunities for labs to thrive. To make the most of this dynamic market, take the time to plan your equipment strategy carefully. Research your options, connect with trusted suppliers, and explore leasing opportunities to maximize your lab’s potential.

Start by reaching out to reputable vendors like York Scientific Technology and New York Microscope Company for new, used, or refurbished lab equipment. If flexibility is a priority, consider Excedr’s leasing solutions to access high-quality lab equipment without the upfront financial burden. By leveraging the wealth of resources available in NYC, you can confidently equip your lab with the tools needed to drive innovation and achieve your goals.

Excedr: Equipment Leasing Options

At Excedr, we understand that outfitting a lab can be a complex and costly endeavor. Our leasing options provide an opportunity to obtain the right equipment for your lab’s needs while managing your operating costs effectively.

Why Lease with Excedr?

  • Flexible Financing: Spread out payments over time to preserve capital for other critical needs.
  • Access to the Latest Technology: Stay current with the most advanced lab instruments available, without the burden of ownership.
  • Comprehensive Service: Enjoy maintenance and service support throughout the lease term, ensuring your lab equipment operates smoothly.

Whether you need centrifuges, incubators, fume hoods, or other lab supplies, Excedr can help you navigate the process and secure high-quality equipment for your research and development efforts.

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