Global Microscopes Market to Reach US$3.98 Billion by 2017, According to New Report by Global Industry Analysts, Inc.

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GIA announces the release of a comprehensive global report on Microscopes market. The global market for Microscopes is projected to reach US$3.98 billion by the year 2017, primarily driven by rising end-user demand for high precision and high resolution imaging technology. Further, developments in areas involving semiconductors, MEMS, nanotechnology and other material sciences are also catalyzing demand for microscopes. In the coming years, technology innovations and robust demand from developing markets, especially from the Asia-Pacific region, are expected to drive demand for microscopes.

Microscopes: A Global Strategic Business Report

Follow us on LinkedIn – With the automation of microscopic processes, the market for microscopes is set for significant growth. Technology integration – marking the convergence of information technology and digital imaging – is expected to change standard laboratories into advanced research centers. Current innovations in the microscopy market are towards development of microscopes with higher precision and resolution. Developments in image restoration, reconstruction, and other related fields would continue to influence the market in the coming years. Besides, innovations in the electronic, engineering, and industrial materials pave path for the market to effectively combat conventional barriers. Rising end-user demand for high-quality imaging has propelled manufacturers to invest resources into developing new and advanced microscopes that enable tracking and imaging of live cells for biological applications such as atomic force microscope (AFM), and scanning probe microscopes (SPM). Demand for sophisticated microscopes with special sampling handling capability, in various industries, especially in the life sciences sector, is scaling to greater heights.

Over the years, the global market for microscopes has largely been driven by the increased demand from the industrial and biological sectors. Developments in areas involving semiconductors, MEMS (micro electrical mechanical systems), nanotechnology and other material sciences have also helped propel the use of microscopes. The rapidly evolving imaging technologies and growing requirements of researchers, advancements in confocal and electron microscopy, cytometry, laser scanning, and the developments in the quantum dots area are also expected to play a major role in boosting the demand for microscopes in the near future. With image analysis becoming an important criterion for shaping the design of microscopes, a key trend witnessed in the microscope industry in recent years has been the integration of digital imaging in microscopes. Further, the market is also witnessing growing demand for compact and lightweight instruments and custom-assembled systems that enable users to incorporate existing workflows.

Developing markets comprising Asia-Pacific, Latin America, the Middle East and Africa are expected to pitch in to drive future growth, given the rapid pace of industrialization. Other factors driving demand in these regions include economic prosperity, and rising production and inspection activities. Developing markets are additionally emerging into hot-spots for production activities with manufacturers increasingly relocating production activities from the saturating Western Europe and North America markets to Eastern Europe and Asia Pacific, in an attempt to cut costs. The shift in manufacturing facilities, however, has resulted in the tremendous rise in demand for microscopes in these developing regions.

The US commands the leading position as the largest regional market, garnering a significant share of the global market, as stated by the new research report on Microscopes. Asia-Pacific represents one of the world’s major manufacturing hubs for microscopes, with manufacturers from around the world carrying out production activities in this region. As a result, the region offers substantial growth prospects for the domestic light and electron microscopes markets. Asia-Pacific is poised to expand over the years at the fastest CAGR of about 14% over the analysis period. By product segment, the market for Charged Particle Microscopes accounts for a significant chunk of the global microscopes market.

Key market participants profiled in the report include Bruker Corporation, Carl Zeiss, AG, FEI Company, Hitachi High Technologies America, Inc., Jeol USA, Inc., Leica Microsystems GmbH, Nikon Corporation, Olympus Corporation, Optiscan Pty. Ltd., Prior Scientific, Inc., Thermo Fisher Scientific Inc., among others.

The research report titled “Microscopes: A Global Strategic Business Report” announced by Global Industry Analysts Inc., provides market insights as well as comprehensive review of key market trends, industry overview, product introductions, recent industry activity and profiles of market players worldwide. Analytics are presented in dollar value for major geographic markets such as United States, Canada, Japan, Europe, Asia-Pacific, Middle East and Latin America. Major product segments analyzed include Optical Microscopes, Charged Particle Microscopes and Scanning Probe Microscopes. The study also provides historic data for an insight into market evolution over the period 2003 through 2008.

For more details about this comprehensive market research report, please visit – http://www.strategyr.com/Microscopes_Market_Report.asp

About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a leading publisher of off-the-shelf market research. Founded in 1987, the company currently employs over 800 people worldwide. Annually, GIA publishes more than 1300 full-scale research reports and analyzes 40,000+ market and technology trends while monitoring more than 126,000 Companies worldwide. Serving over 9500 clients in 27 countries, GIA is recognized today, as one of the world's largest and reputed market research firms.

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Global Industry Analysts, Inc.
Telephone: 408-528-9966
Fax: 408-528-9977
Email: press(at)StrategyR(dot)com
Web Site: http://www.StrategyR.com/

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