MarketsandMarkets: Microscopy Market in Latin America to be Worth $173,932 Thousands by 2015

DALLAS, March 29, 2011 /PRNewswire/ — According to a new market research
report, ‘Microscopy market in Latin America‘, published by MarketsandMarkets
(http://www.marketsandmarkets.com), the microscopy market in Latin America
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.

Browse 26 market data tables and in-depth TOC on Microscopy Market in
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As of 2009, the Latin American region contributes to approximately 4.3%
of the global microscopy instruments market. 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 the mechanism of operation or functioning, the microscopy
market can be segmented as optical microscopes, electron microscopes, and
scanning probe microscopes.

The optical microscopy segment represented the largest market share of
the overall advanced microscopy instruments market in Latin America. However,
this is the slowest growing market with an expected CAGR of 8.9% during
2010-2015. Optical microscopes are losing their market to electron and
scanning probe microscopes which are expected to grow at a CAGR of 12.1% and
19% respectively during 2010-2015.

Scope of the report

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

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