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According to the research firm Frost & Sullivan, the estimated size of the North American used test and measurement equipment market was $446.4 million in 2004 and is estimated to grow to $654.5 million by 2011. For over 50 years, companies and governments have procured used test and measurement instruments. According to the research firm Frost & Sullivan, the estimated size of the North American used test and measurement equipment market was $446.4 million in 2004 and is estimated to grow to $654.5 million by 2011 For over 50 years, companies and governments.