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Regions studied under this global market report are North America, Europe, Asia-Pacific, Latin America, Middle East and Africa.
As per our research report, the global scanning electron microscopes market size is predicted to be growing at a CAGR of 9.12% from 2021 to 2026 and worth USD 6.82 billion by 2026.
The COVID-19 pandemic has overwhelmed the healthcare system around the world, causing an economic downturn. The World Health Organization (WHO) has reported millions of people were affected by the COVID-19 pandemic, prioritizing the need for vaccinations to control the rate of infection. The COVID-19 outbreak also influences the demand for SEM during the projection period. Various factors like better R&D activities, growing prevalence of infectious diseases, and increasing need for detailed studies about micro-organisms will witness substantial adoption in the coming years. Advanced SEM provides fast analysis, compact size, and efficient results with higher resolution and 3D images. All these factors are anticipated to increase the sale of SEM. So, the scanning electron microscope market is expected to grow steadily in the future.
The growing specialization in nanotechnology and significant demand for product miniaturization, including improving consumer demand for smaller and more powerful devices at lower prices, has increased the adoption of nanotechnology in various industries. Scanning electron microscopy is used to examine morphology and surface properties concerning topography, qualitative analysis, among others, is estimated to drive the market. Also, improvements in resolving power and features like connectivity of other devices like energy dispersive X-ray spectrometer are anticipated to drive the market growth over the forecast period. So, technological advancements in SEM are expected to significantly increase the market demand for the latest devices like benchtop scanning electron microscopy, which has improved standard control procedures.
The growing prevalence of various chronic disorders is anticipated to drive the demand for cutting-edge research and development activities. The increasing demand for R&D and funding is improving the various applications of the scanned electron microscope in various healthcare and other industries. The growing application of products in the semiconductor, electronics, and pharmaceutical industries is anticipated to drive the market over the forecast period. Moreover, many laboratories in academic institutes and biotechnological industries will support the market.
However, scanning electron microscopes requires significant start-up funding, and there is a risk of magnetic, vibration, and electrical interference that can hamper this market growth. In addition, since these microscopes are large-scale devices, they require maintenance, challenging the growth.
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