Microscopes Market Share, Size, Trends, Growth, Industry Analysis and Forecast to 2020 | Hexa Research
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Microscopes Market Share, Size, Trends, Growth, Industry Analysis and Forecast to 2020 | Hexa Research
" Rising focus on nanotechnology and growing government & private sector funding are the factors propelling the growth of microscopes market."
The global microscopes market is projected to reach nearly USD 7.4 billion by 2020. Key factors that drive the industry are technological innovations and surging private sector & government sector investments. Nanotechnology being a continuously evolving field has a favorable impact on overall market demand. Intensive R & D in life sciences & semiconductors is expected to fuel industry growth over the forecast period( 2012 to 2020). Popularity of super resolution microscopes can be attributed to continuous technological innovations. Such microscopes are highly effective & convenient especially when it comes to examining complex human body parts, such as the neurological system & the brain.
Introduction of high resolution & cost effective microscopes, such as the dSTORM( direct stochastic optical reconstruction optical microscopy) may catapult demand till 2020. The microscopes market in most developing economies is driven by availability of cheap labor and favorable government policies. Interestingly, these factors fuel demand for semi-conductors and induce greater research in life sciences & nanotechnology.
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