NEW YORK, April 5, 2011 /PRNewswire/ -- Reportlinker.com announces that a new market research report is available in its catalogue:
As of 2009, the Latin American region contributes to approximately 4.3% of the global microscopy instruments market. This market shows a significant growth potential and is expected to reach $173,932 thousand in 2015 from $87,416 thousand in 2009 at a CAGR of 11.4% during 2010-2015.
In Latin America, initiatives of government towards development and promotion of nanotechnology research and growing interest of pharma and biotechnology companies towards expansion of their global clinical trials projects to the Latin American region are expected to be the primary drivers of this market during the forecasted period of 2010-2015.
On the basis of mechanism of operation or functioning, the microscopy market can be segmented as optical microscopes, electron microscopes, and scanning probe microscopes.
The optical microscopes form the largest share of the advanced microscopy market; both in terms of value and volume. However, electron microscopes are expected to outpace this segment in terms of value owing to rising demand for advanced microscopy instruments from the end user market consisting of academic research institution and universities, pharma and biotech companies, and government owned research institutions. Along with growth of clinical research activities in Latin America, government initiatives to boost research activities, and easy availability of research funding are expected to fuel the growth of mi
Copyright©2010 PR Newswire.
All rights reserved