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Microscopy Market in Latin America
Markets and Markets, March 2011, Pages: 127
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 forecast 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 microscopy market in the Latin American region.
Markets Covered
The report evaluates market for advanced microscopy technologies in Latin America with respect to revenues, growth, and industry focus in the following markets:
- Microscopy market by products
- Microscopy market by end users
The report provides market estimates and forecasts for the microscopy technologies market in Brazil, Mexico, Argentina and Rest of Latin America (RoLA). In addition to market sizing and forecasts, the report also offers a detailed analysis of the market trends, opportunities, and the factors influencing the growth of each segment of the microscopy market in Latin America.
Stakeholders
The targeted audience for this report includes:
- Manufacturers of microscopy instruments
- Distributors and suppliers of microscopy instruments
- Potential investors in the microscopy technology market
Research Methodology
The report analyses advanced microscopy technologies market in Latin America from 2010 to 2015. The portfolio of the advanced microscopy technologies covered in this report is limited to application of microscopy instruments in life sciences sector.
The market forecasts are based on the data collected from primary and secondary research. The market structure is designed on the basis of secondary research of the product portfolios of the major market players within each segment. This structure has been cross validated through primaries conducted with the industry players and key opinion leaders.
Due to limitations on the part of availability of secondary data for the Latin American region, this market research report is made using large amount of data collected though primary research. A sufficient amount of information is sourced from proprietary databases, secondary research, and our in-house team of industry experts.
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