As per our report, the size of the global microscopy market was worth around USD 6.15 Billion in 2020 and forecasted to grow at a CAGR of 6% to reach USD 8.23 Billion by 2025.
MARKET DRIVERS
Increasing applications and high demand for advanced technological magnification devices are factors affecting market growth as magnification and visualization devices are an essential part of science. Expanding the use of these devices, like in the polymer industry, agriculture, nanotechnology, and atomic studies, is anticipated to boost the growth rate of the market further.
It is expected that the production of technically advanced products with faster performance and more straightforward sample preparation techniques would improve consumer demand. Likely, technological advances to integrate with display modalities to display images in High Definition (HD) and 3-dimensional (3D) views will further fuel demand. Automation and Artificial Intelligence (AI) in magnified imaging technology is one of the main factors that affect the dynamics of the market.
MARKET RESTRAINTS
Major companies focus on building specialized microsurgery-related services, including the spine, cranial, and other multi-disciplinary surgery. These devices are classified as medical devices of Class I and are quickly approved for marketing. The demand for traditional compound microscopes is likely to be limited by fierce competition from local producers. Furthermore, high prices of technologically advanced products in developing regions are expected to limit their penetration.
REPORT COVERAGE
|
REPORT METRIC |
DETAILS |
|
Market Size Available |
2019 to 2025 |
|
Base Year |
2019 |
|
Forecast Period |
2020 to 2025 |
|
Segments Covered |
By Product, Type, Application, End-User, and Region |
|
Various Analyses Covered |
Global, Regional & Country Level Analysis, Segment-Level Analysis, Drivers, Restraints, Opportunities, Challenges, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities |
|
Regions Covered |
North America, Europe, Asia Pacific, Latin America, Middle East & Africa |
This market research report on Global Microscopy Market has been segmented and sub-segmented into the following categories and analyzed market size and forecast until 2024.
Microscopy Market Analysis – By Product
Based on the product, in the forecast period, the microscopes segment is expected to show the highest growth. The recent trend in the industry is the introduction of new image acquisition technology for microscopes. Increasing work in life sciences and other fields of application has resulted in a large amount of data being generated, mainly due to improvements in image quality.
Microscopy Market Analysis – By Type
Based on type, the highest growth in the forecast period is anticipated to be shown by electron microscopes. Electron microscopes have vital applications in the biology, materials, nanotechnology, and semiconductor industries due to the high magnification ratio. Growing R&D activities and easy funding access have led to increased research into life science and material science. It, in effect, is expected to drive electron microscope demand. Thus responsible for the growth of the segment of electron microscopes is the growing trend of correlative light and electron microscopy.
Microscopy Market Analysis – By Application
Based on the application, As a result of increased use of products such as chips and microchips in electronics, space research, and household appliances, the semiconductor is among the quickest-growing industries. Microscopes are extensively used for R&D, manufacturing, and quality analysis in the semiconductor industry. Throughout the forecast period, nanotechnology is expected to be the fastest-growing segment.
Microscopy Market Analysis – By End User
Microscopy Market Analysis – By Region
Regionally, North America holds a significant market share, followed by Europe. The future growth prospects of the microscopy market lie in the emerging economies, with companies investing heavily in countries such as India, Japan, China, UAE, Israel, and Nigeria.
TOP COMPANIES IN THE MARKET
Some of the major manufacturers present in the microscopy market include Carl Zeiss, Danaher, Thermo Fisher, Nikon, Bruker Corporation, Olympus, Oxford Instruments, JEOL, and Hitachi High-Technologies, Keyence, Vision Engineering, Helmut Hund.
RECENT MARKET DEVELOPMENTS:
1. Introduction
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2. Research Methodology
2.1 Introduction
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3. Overview
3.1 Executive Summary
3.2 Key Inferences
3.3 Epidemology
4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5. Market Segmentation
5.1 Product
5.1.1 Introduction
5.1.2 Microscopes
5.1.3 Accessories
5.1.4 Y-o-Y Growth Analysis, By Product
5.1.5 Market Attractiveness Analysis, By Product
5.1.6 Market Share Analysis, By Product
5.2 Type
5.2.1 Introduction
5.2.2 Optical Microscope
5.2.3 Electron Microscope
5.2.4 AFM (Atomic force microscopy)
5.2.5 STM (Scanning tunneling microscope)
5.2.6 NSOM (Near-field scanning optical microscope)
5.2.7 Y-o-Y Growth Analysis, By Type
5.2.8 Market Attractiveness Analysis, By Type
5.2.9 Market Share Analysis, By Type
5.3 Application
5.3.1 Introduction
5.3.2 Semiconductor
5.3.3 Nanotechnology
5.3.4 Electronics
5.3.5 Y-o-Y Growth Analysis, By Application
5.3.6 Market Attractiveness Analysis, By Application
5.3.7 Market Share Analysis, By Application
5.4 End User
5.4.1 Introduction
5.4.2 Industrial
5.4.3 Reseach institution
5.4.4 Blood banks
5.4.5 Y-o-Y Growth Analysis, By End-user
5.4.6 Market Attractiveness Analysis, By End-user
5.4.7 Market Share Analysis, By End-user
6. Geographical Analysis
6.1 Introduction
6.1.1 Regional Trends
6.1.2 Impact Analysis
6.1.3 Y-o-Y Growth Analysis
6.1.3.1 By Geographical Area
6.1.3.2 By Product
6.1.3.3 By Type
6.1.3.4 By Application
6.1.3.5 By End User
6.1.4 Market Attractiveness Analysis
6.1.4.1 By Geographical Area
6.1.4.2 By Product
6.1.4.3 By Type
6.1.4.4 By Application
6.1.4.5 By End User
6.1.5 Market Share Analysis
6.1.5.1 By Geographical Area
6.1.5.2 By Product
6.1.5.3 By Type
6.1.5.4 By Application
6.1.5.5 By End User
6.2 North America
6.1.1 Introduction
6.1.2 United States
6.1.3 Canada
6.3 Europe
6.2.1 Introduction
6.2.2 U.K
6.2.3 Spain
6.2.4 Germany
6.2.5 Italy
6.2.6 France
6.4 Asia-Pacific
6.3.1 Introduction
6.3.2 China
6.3.3 India
6.3.4 Japan
6.3.5 Australia
6.3.6 South Korea
6.5 Latin America
6.4.1 Introduction
6.4.2 Brazil
6.4.3 Argentina
6.4.4 Mexico
6.4.5 Rest of Latin America
6.6 Middle East & Africa
6.5.1 Introduction
6.5.2 Middle-East
6.5.3 Africa
7. Strategic Analysis
7.1 PESTLE analysis
7.1.1 Political
7.1.2 Economic
7.1.3 Social
7.1.4 Technological
7.1.5 Legal
7.1.6 Environmental
7.2 Porter’s Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry
8. Market Leaders' Analysis
8.1 Olympus
8.1.1 Overview
8.1.2 Product Analysis
8.1.3 Financial analysis
8.1.4 Recent Developments
8.1.5 SWOT analysis
8.1.6 Analyst View
8.2 Oxford Instruments
8.3 JEOL
8.4 Hitachi High-Technologies
8.5 Keyence
8.6 Vision Engineering
8.7 Helmut Hund
8.8 Danaher
8.9 Thermo Fisher
8.10 Nikon
9. Competitive Landscape
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, collaborations and Joint Ventures
9.4 New Product Launches
10. Market Outlook and Investment Opportunities
Appendix
a) List of Tables
b) List of Figures
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