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Nanotech Tool Market Set for Boom

September 15, 2005

A new study from Lux Consultants found that the US Market for nanotech tools — products for working at small scales — is set to double over the next five years. Sales of tools ranging from microscopes to software are expect to grow from $580 million in 2004 to $1.1 billion in 2010. Based on interviews with 49 potential buyers at corporate and academic labs nationally, a co-author of the study mentioned that interviewees were very excited about Imago Scientific Instruments and what the company was capable of doing.

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