DUBLIN, May 11, 2016 /PRNewswire/ --
Research and Markets has announced the addition of the "Global Nanoparticles Instrumentation Market in the Life Sciences Sector 2016-2020" report to their offering.
The report forecasts the global nanoparticles instrumentation market to grow at a CAGR of 5.06% during the period 2016-2020.
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.
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.
- Backman Coulter
Key Topics Covered:
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by technology
PART 07: Market segmentation by application
PART 08: Geographical segmentation
PART 09: Buying criteria
PART 10: Market drivers
PART 11: Impact of drivers
PART 12: Market challenges
PART 13: Impact of drivers and challenges
PART 14: Market trends
PART 15: Vendor landscape
PART 16: Key vendor analysis
For more information visit http://www.researchandmarkets.com/research/zmr776/global
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SOURCE Research and Markets