About Nanoparticles Instrumentation Market in the Life Sciences Sector
Nanoparticles are small particles that fall in the size range of 1nm–100nm and often exhibit a size-related intensive property. Nanoparticles have a wide range of potential applications in the biomedical, optical, and electronic fields. Instruments that are used to observe, track, or analyze the characteristics and functions of nanoparticles are called nanoparticle instruments. These instruments may use different technologies or techniques such as nanoparticle tracking analysis, X-ray diffraction, dynamic light scattering microscopy, and electron imaging among others to track and analyze nanoparticles.
Technavio’s analysts forecast the global nanoparticles instrumentation market to grow at a CAGR of 5.06% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global nanoparticles instrumentation market in the life sciences for the period 2015-2020. The market size calculated is exclusive of the market for reagents, supplies, and sample preparation instruments.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Nanoparticles Instrumentation Market in the Life Sciences Sector 2016-2020
Technavio recognizes the following companies as the key players in the Global Nanoparticles Instrumentation Market in the Life Sciences Sector: Agilent, Backman Coulter, Bruker, HORIBA, and TSI.
Other Prominent Vendors in the market are: Asylum Research, BD Biosciences, Bio-Rad Laboratories, Carl Zeiss, Delong America, DELMIC, EMD Millipore, FEI, GE Life Sciences, Hitachi Instruments, Malvern, Micromeritics Instrument, Miltenyi Biotec, Nikon, Particle Sizing Systems, and Thermo Fisher Scientific.
Commenting on the report, an analyst from Technavio’s team said: “With the growing competition in the Western markets, manufacturers have established or expanded their current manufacturing and sales network in APAC. With the US market already exhibiting the lowest growth rate and the US market to saturate by the end of 2016, vendors are migrating their manufacturing facilities to APAC countries where it is not only more economical but will also give them access to domestic markets.”
According to the report, the global spending on R&D has shown consistent growth in the last 20 years. The global expenditure of R&D went up from $522 billion in 1996 to $1.3 trillion in 2009 to an estimated $1.6 trillion in 2014. With the economies of developing countries growing faster than those of developed countries, these countries will have more research facilities being set up over the next five years. The increase in the number of research and testing facilities will, in turn, lead to a rise in demand for nanoparticle analyzers and other commonly used laboratory analysis equipment.
Further, the report states that the limited number of trained professionals will pose a challenge to the growth of the market.
Agilent, Backman Coulter, Bruker, HORIBA, TSI, Asylum Research, BD Biosciences, Bio-Rad Laboratories, Carl Zeiss, Delong America, DELMIC, EMD Millipore, FEI, GE Life Sciences, Hitachi Instruments, Malvern, Micromeritics Instrument, Miltenyi Biotec, Nikon, Particle Sizing Systems, Thermo Fisher Scientific.
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