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Nanotechnology Research Spurs Growth in the Global Microscopes
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PRNewswire
July 17, 2007
Palo Alto , CA -- As the light microscopes marketapproaches
maturity, the market for electron and scanning probe
microscopesappears set to grow at a steady pace.
Nanotechnology applications inbioscience and material science
research will likely boost demand formicroscopic imaging and
analysis systems. In addition, a wide spectrum ofemerging
end-user opportunities in bioscience and genome research,
holdpromise for future market growth. |
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New
analysis from Frost & Sullivan(http://www.testandmeasurement.frost.com),
World Microscopes Markets, revealsthat revenues in this market
totaled $1.87 billion in 2006, and estimates thisto reach
$3.54 billion in 2013 due to sustained demand from end-userindustries
such as biomedical research and material science research
innanotechnology applications.
If you are interested in a virtual brochure, which provides
manufacturers,end users, and other industry participants an
overview of the latest analysisof the World Microscopes
Markets, then send an e-mail to Sara Villarruel --Corporate
Communications at sara.villarruel@frost.com with the
followinginformation: your full name, company name, title,
telephone number, e-mailaddress, city, state, and country. We
will send you the information via emailupon receipt of the
above information.
Increased investment and research in the biomedical industry
will likelyheighten the need for more accurate and
higher-resolution microscopes. Apartfrom scientific research
and nanotechnology, emerging opportunities inbioscience and
genome research also drives the market for microscopes.
Inorder to keep pace with changing end-user needs, vendors
have also begundeveloping advanced microscopes with imaging
software to track living cells inbiomedical applications and
genome research.
"With the continued miniaturization of semiconductors and
electronicproducts, there exists a growing need for easier and
more accurate materialinspection," notes Frost & Sullivan
Research Analyst Lakshman Koundinya."Consequently, there has
been a significant increase in funds allocated forresearch
into fields such as nanotechnology and nanosciences, thereby
creatingsignificant demand opportunities for microscopes."
However, physical limitations and lack of technological
innovation,especially in the light microscope segment, have
led to other analyticaltechniques gaining more prominence
thereby restricting market growth.Additionally, high
manufacturing costs and the need for considerableinvestment in
research and development restrict the entry of new
participantsin the market.
"Since financial limitations hamper manufacturers' response to
theindustry's continued technology advancements, consolidation
in certainindustries such as the disk drive industry has
resulted in fewer manufacturerswith high financial stability,"
explains Koundinya. "Companies must identifyopportunities for
technology innovation by proactively monitoring the
changingneeds of customers in various end-user industries."
Considering the decline in technical expertise, it has become
imperativefor vendors to make microscopes more user-friendly
and easy to operate.Techniques that require minimum sample
preparation and enable the safeinspection of samples will be
well received. Additionally, vendors need toalso focus on
incorporating new softwares, integrating instruments
withothers, and improving flexibility.
World Microscopes Markets is part of the Analytical
Instrumentation (Test& Measurement) Growth Partnership
Services program, which also includesresearch in the
following: world laboratory analytical instrumentationmarkets,
world process analytical instrumentation markets, world
physicalproperties instrumentation markets, world X-ray
instrumentation markets. Allresearch services included in
subscriptions provide detailed marketopportunities and
industry trends that have been evaluated following
extensiveinterviews with market participants. Interviews with
the press are available.
Frost & Sullivan, a global growth consulting company, has been
partneringwith clients to support the development of
innovative strategies for more than40 years. The company's
industry expertise integrates growth consulting,growth
partnership services, and corporate management training to
identify anddevelop opportunities. Frost & Sullivan serves an
extensive clientele thatincludes Global 1000 companies,
emerging companies, and the investmentcommunity by providing
comprehensive industry coverage that reflects a uniqueglobal
perspective, and combines ongoing analysis of markets,
technologies,econometrics, and demographics. For more
information, visithttp://www.frost.com. |
