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Updated: July 8th, 2008 05:26 PM CDT

Nanotechnology Research Spurs Growth in the Global Microscopes Market

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PALO ALTO , Calif., July 17 /PRNewswire/ -- 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.

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."

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