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Frost & Sullivan: Technological Developments Offer Growth Opportunities for Microscope Market, Despite Saturation in Certain Segments

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Frost & Sullivan: Technological Developments Offer Growth Opportunities for Microscope Market, Despite Saturation in Certain Segments PR Newswire MOUNTAIN VIEW, California, June 27, 2012 - Spending on life sciences and nanotechnology will lead to sustained industry growth MOUNTAIN VIEW, California, June 27, 2012 /PRNewswire/ -- The need to overcome long sales cycles and the saturation of the light microscope segment represent some of the key industry challenges today within the global microscope market. Leaders in this market are overcoming this challenge by offering software-defined architectures with better statistical analysis performance capabilities that acquire a higher quality of data. Software applications are giving end-users different ways to improve complexity in sample data analysis. New analysis from Frost & Sullivan (http://www.measurement.frost.com), Analysis of the Microscopes Market, finds that the global microscope markets earned revenues of $3.18 billion in 2011 and is expected to grow at a compound annual growth rate (CAGR) of 8.0 percent during the forecasted period between 2012 and 2018. If you are interested in more information on this research, please send an email to Jeannette Garcia, Corporate Communications, at jeannette.garcia@frost.com, with your full name, company name, job title, telephone number, company email address, company website, city, state and country.

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Frost & Sullivan: Technological Developments
Offer Growth Opportunities for Microscope
Market, Despite Saturation in Certain Segments
PR Newswire
MOUNTAIN VIEW, California, June 27, 2012
- Spending on life sciences and nanotechnology will lead to sustained
industry growth
MOUNTAIN VIEW, California
,
June 27, 2012
/PRNewswire/ -- The need to
overcome long sales cycles and the saturation of the light microscope segment
represent some of the key industry challenges today within the global
microscope market. Leaders in this market are overcoming this challenge by
offering software-defined architectures with better statistical analysis
performance capabilities that acquire a higher quality of data. Software
applications are giving end-users different ways to improve complexity in
sample data analysis.
New analysis from Frost & Sullivan (http://www.measurement.frost.com),
Analysis of the Microscopes Market
, finds that the global microscope
markets earned revenues of
$3.18 billion
in 2011 and is expected to grow at a
compound annual growth rate (CAGR) of 8.0 percent during the forecasted
period between 2012 and 2018.
If you are interested in more information on this research, please send an
email to Jeannette Garcia, Corporate Communications, at
jeannette.garcia@frost.com, with your full name, company name, job title,
telephone number, company email address, company website, city, state and
country.
Although the growth of the market is focused on advanced research
microscopes and complex digital imaging systems, there is a large and
saturated market for light microscopes with high longevity to serve traditional
applications and educational use. The light microscopes longevity and
saturation thus restrains growth of the market.
"The market has reached a highly saturated growth phase," said Senior
Research Analyst Mariano Kimbara. "There is minimal capacity for alternative
techniques in this segment within the long-term."
Nevertheless, microscope manufacturers are constantly driven to increase the
performance capabilities of their products, acquire data and add new features
for image processing to meet demands in emerging applications such as
nanotechnology.
"A main driving factor driving demand for microscopes is the development of
nanotechnology and increasing spending in life sciences," said Kimbara. "There
has been a significant rise in funds allocated for characterization and synthesis
of nanomaterials research."
For example, there have been significant technological advancements in the
field of nanolithography. These include the analysis of nanometer structures in
a wide range of dimensions related to dip pen nanolithography, electron beam
direct or ultraviolet lithography, thereby creating significant demand for