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Microscope Market Analysis by ProductType, by Application and Segment Forecasts To 2024LONDON, Sept. 26, 2016 /PRNewswire/ -- The global microscope market is expected to reach USD 12.7 billion by 2024, according to the study performed by Grand View Research, Inc. The market for microscopes is majorly driven by the booming semiconductor industry and the rising research and development (R&D) initiatives in the fields of nanotechnology and life sciences. In addition, the continually rising number of investments deployed for the emerging application areas and the miniaturization trend of transistor chips is further driving the global market growth. The nanotechnology segment is expected to show significant growth due to its vast applications in varied fields including medicine, food, fuel cell, solar cell, chemical sensors, space programs, fabric development, and air and water purification. North America dominated with revenue share of 34.4% in 2015. The dominance of the region is mainly attributed to the presence of numerous academic and research institutes and advanced healthcare infrastructure. In addition, the significant number of major players are domiciled in this region are further contributing to the revenue of North America. Asia Pacific is expected to show the fastest growth during the forecast period. Notable segments in the region include Japan, China, and India. The rapidly booming medical tourism industry and the flourishing R&D industry are collectively pushing the demand for microscopes in the Asia Pacific region. In addition, the availability of advanced manufacturing facilities and advanced technology at cheaper cost in the region is fueling the growth of the market by reducing the manufacturing cost and thus increasing the penetration of the products. The majority of the global players such as Carl Zeiss AG, Bruker Corporation, CAMECA Instruments, Inc., FEI Company, Nikon Corporation,Hitachi High-Technologies Corporationand Olympus Corporation. The global market is consolidated in nature with mergers and acquisitions. Key players includebut are not limited to Carl Zeiss AG, Bruker Corporation, CAMECA Instruments, Inc., FEI Company, Nikon Corporation, Asylum Research Oxford Instruments, JEOL Ltd., Hitachi High-Technologies Corporation, NT-MDT Company, and Olympus Corporation. Download the full report: https://www.reportbuyer.com/product/4144282/ About Reportbuyer Reportbuyer is a leading industry intelligence solution that provides all market research reports from top publishers http://www.reportbuyer.com For more information: Sarah Smith Research Advisor at Reportbuyer.com Email: [email protected] Tel: +44 208 816 85 48 Website: www.reportbuyer.com To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/microscope-market-analysis-by-producttype-by-application-and-segment-forecasts-to-2024-300334434.html SOURCE ReportBuyer 
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