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Europe Microscopy Market Research Report - Segmented By Product, Type, Application, End User & Country(UK, France, Spain, Germany, Italy, Russia, Sweden, Denmark, Switzerland, Netherlands, Turkey, Czech Republic and Rest of Europe) - Industry Analysis, Size, Share, Growth, Trends, And Forecasts (2023 to 2028)

Published: March, 2023
ID: 7718
Pages: 145
Formats: report pdf report excel report power bi report ppt

Europe Microscopy Market Size (2023 to 2028)

The size of the Microscopy market in Europe is estimated to grow USD 2.23 billion by 2028 and USD 1.67 billion in 2023, growing at a CAGR of 5.90% during the forecast period.

The European microscopy market is majorly expected to be driven by technological improvements in microscopes, encouraging funding situations for R&D in microscopy, increasing applications and rising demand for technologically improved magnification devices, and expanding academia-industry partnerships. The rapidly increasing semiconductor industry and high demand from the healthcare sector are two drivers driving market expansion. Advanced technologies such as the internet of things (IoT), deep learning, and extended ultraviolet lithography (EUVL) are helping to propel the industry forward. IoT creates a need for memory, connection, sensors, and microcontrollers, and EUVL adds to high-end computing chip production by utilizing neural networks to analyze data. The adoption rate of super-resolution microscopes is projected to rise as the focus on R&D for applications such as neuroscience, biological sciences, and semiconductors increases. In addition, the diagnostic rate has risen in line with the growing elderly population and chronic disease prevalence. As a result, there has been an increase in the use of microscopes in this region.

Optogenetics and microscopy-spectroscopy integration and new application areas like quantum dots and rising markets in countries like the United Kingdom and Germany present fresh growth opportunities for participants in the European microscopy industry. The market penetration of microscopes is likely to be boosted by introducing technically sophisticated devices with features such as quicker performance and simple sample preparation procedures. Technological advancements to combine with display modalities to present pictures in high resolution and 3-dimensional perspectives are likely to drive demand for microscopes during the forecast period. Furthermore, as the healthcare industry grows, so will the number of applications from developing markets, resulting in more opportunities for the microscopy market to grow in this region.

The high cost of advanced microscopes is one of the major issues restricting the growth of the European microscopy market. The challenges to the market include the time-consuming sample preparation process and the high level of technical expertise required.

This research report on the Europe Microscopy has been segmented and sub-segmented into the following categories:

By Product: 

  • Microscopes
  • Accessories

By Type: 

  • Optical Microscope
  • Electron Microscope
  • AFM
  • STM
  • NSOM

By Application: 

  • Semiconductor
  • Nanotechnology
  • Electronics

By End User: 

  • Industrial
  • Research Institutes
  • Blood Bank

By Country: 

  • UK
  • France
  • Spain
  • Germany
  • Italy
  • Russia
  • Sweden
  • Denmark
  • Switzerland
  • Netherlands
  • Turkey
  • Czech Republic
  • Rest of Europe

Europe occupies the second largest market share after North America and is expected to show consistent growth during the forecast period. The German microscopy market is expected to account for the largest proportion in the European market during the forecast period. Germany, on the other hand, is anticipated to have the greatest CAGR throughout the forecast period. The country is a medical tourism center, with supporting government standards and regulations driving the market. Microscopy is used extensively in the European market for the considerable scientific research that takes place there. Miniaturization of electronic devices by vendors utilizing microelectromechanical systems (MEMSs) and nanoelectromechanical systems (NEMSs) that use less power is one of the key microscope industry trends driving the market's development prospects in Europe. The presence of leading pharmaceutical businesses in the region adds to the market's potential. Microscopes are employed in various fields, including biotechnology, agriculture, and medicine, where they are commonly utilized in the study and development of new medicines for the treatment of various diseases in the region. Growing interest in nanotechnology and regenerative medicines, advances in microscope technology, and improved regulatory procedures are expected to propel the microscopy market forward in the forecast period.

KEY MARKET PLAYERS:

A few notable companies operating in the European microscopy market profiled in this report are Carl Zeiss, Danaher, Thermo Fisher, Nikon, Bruker Corporation, Olympus, Oxford Instruments, JEOL Hitachi High-Technologies, Keyence, Vision Engineering, and Helmut Hund.

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