South America Optical Microscopy Market Worth $130.9 Million by 2019

Thursday 17 November 2016, Amsterdam

The Report, now available on ASDReports, “South America Optical Microscopy Market by Type (Inverted Microscope, Stereo Microscope, Phase Contrast Microscope, Fluorescence Microscope, Confocal Microscope, Near Field Microscope), by Application, & by Geography - Analysis and Forecast to 2019” is estimated to reach $130.9 million by 2019, growing at a CAGR of 6.3% from 2014 to 2019.

This market is segmented and analyzed based on type, application, and geography. The type segment of this market comprises inverted microscope, stereo microscope, phase contrast microscope, fluorescence microscope, confocal microscope, near field microscope, and others. The market is further segmented and analyzed based on application, into semiconductor, life sciences, materials sciences, nanotechnology, and others.

Countries contributing towards the optical microscopy market in South America are Brazil and Argentina. Currently, Brazil is considered to be a huge market for optical microscopy due to high demand from the country’s life sciences and materials sciences application.

The demand for optical microscope is expected to rise due to its low price as compared to other microscopes in the South American region during the forecast period. Moreover, new product developments and the increasing use of optical microscopes in life sciences and materials sciences application is a driving force for the market. The low cost of the optical microscope is projected to increase the use of optical microscopes in many other applications, such as semiconductor and nanotechnology. The life sciences application is the largest in the application segment and is expected to grow at a CAGR of 7.0% through the forecast period.

In the South America optical microscopy market, inverted microscope has the highest share by type due to its wider use in life sciences, materials sciences, and other applications, and its market is expected to grow at a CAGR of 6.4% through the period under review.

This report also includes market share and value chain analyses, along with market metrics such as drivers and restraints. In addition, it presents the competitive landscape of the market and company profiles of key players in the market.