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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