USD 6.81 billion
Global Microscopy Market Size, Share, Growth Analysis, By Product(Microscope, Software), By Microscope Type(Optical Microscopes, (Confocal Microscopes), By Application(Semiconductor & Electronics, Healthcare & Life Sciences), By End-Use Industry(Semiconductor & Electronics, Automotive) - Industry Forecast 2024-2031
Report ID:
SQMIG35A2209 |
Region:
Global |
Published Date: February, 2024
Pages:
237
|
Tables:
132 |
Figures:
79
Global Microscopy Market Insights
Microscopy Market size was valued at USD 6.81 billion in 2019 and is poised to grow from USD 7.2 billion in 2023 to USD 11.31 billion by 2031, growing at a CAGR of 5.8% in the forecast period (2024-2031).
Microscopes are the scientific imaging instrument that uses an accelerated electron beam as a light source. Electron microscopes offer a higher resolving power than light microscopes and may produce high-quality images that can expose the structure of smaller objects because electrons have far shorter wavelengths than visible light photons. One of the main drivers of market growth is the advancement of microscopy technology. The market is also being driven ahead by the expanding research and development activity in the field of microscopy. Additionally, market expansion is facilitated by the increased focus on research into nanotechnology and regenerative medicine. Further, expanding application landscape and a rising need for technologically advanced magnification equipment, strong demand from the healthcare industry and the rapidly increasing semiconductor industry are also projected to drive the market's growth in the upcoming years.
US Microscopy Market is poised to grow at a sustainable CAGR for the next forecast year.
Market snapshot - 2024-2031
Global Market Size
Largest Segment
Microscope
Fastest Growth
Microscope
Growth Rate
5.8% CAGR
Global Microscopy Market ($ Bn)
Country Share for North America Region (%)
Global Microscopy Market By Type ($ Bn)
Global Microscopy Market By Type (%)
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Global Microscopy Market Segmental Analysis
Global Microscopy market is segmented based on product, microscope type, application, end-use industry, and region. Based on the product, the market is segmented into microscope, software, accessories. Based on the microscope type, the market is segmented into optical microscopes, (confocal microscopes, stereo microscopes, digital microscopes, compound microscopes, other optical microscopes), electron microscopes (scanning electron microscopes, transmission electron microscopes), scanning probe microscopes (atomic force microscopes, scanning tunneling microscopes, near-field scanning optical microscopes, conductive atomic force microscopes, fluidic force microscopes), X-ray microscopes, other microscopes. Based on the application, the market is segmented into semiconductor & electronics, healthcare & life sciences, materials science, other applications. Based on the end-use industry, the market is segmented into semiconductor & electronics, automotive, food & beverage, healthcare, others. Based on the region, the market is segmented into North America, Europe, Asia-Pacific, South America, and MEA.
Microscopy Market Analysis by Product
Based on the product, the Microscopy market is segmented into microscope, software, accessories. Among these, the microscope segment of the market is projected to hold the most substantial share in the market. The market penetration of microscopes is anticipated to increase with the development of technologically advanced products with attributes such as faster performance and simple sample preparation processes. Additionally, during the forecast period, technology developments to interface with display modalities for high quality and 3-dimensional pictures are anticipated to increase demand. The sector is expanding thanks to the use of cutting-edge technologies like deep learning, extended ultraviolet lithography (EUVL), and the internet of things (IoT). Some other factors affecting the growth of the global microscope market include increased demand for electron microscopes in semiconductors and microelectronics, use of electron microscopy in healthcare and life science, and rise in demand due to advancements in electron microscopes.
Global Microscopy Market By Type, 2023 (%)
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Global Microscopy Market Regional Insights
In 2021, North America is expected to have the biggest share of the Microscopy market. The market leaders in the industry offer advanced microscopy equipment, there is a strong and expanding focus on nanotechnology, and there are many important research institutions and universities in the region, which all contribute to North America's dominance in the microscopy market. Whereas, Asia-Pacific is predicted to grow at the fastest rate due to increased funding for microscopy research and development, increased use of correlative microscopy in nanotechnology and life sciences research, the establishment of collaboration centers for microscopy research, and the accessibility of inexpensive skilled labor for OEMs.
Further, due to the increasing interest of major pharmaceutical and biotechnology companies in Latin American countries as locations for their clinical trial initiatives, it is predicted that the Latin American microscopy market would experience significant growth. This growth is also attributable to the existence of a supportive regulatory environment, the accessibility of cutting-edge research facilities, and the simplicity of patient recruitment. Imperatively, governments of different nations in the area have expedited the approval procedures for conducting clinical trials, taking into account the benefits of the subsequent competitive clinical trials.
Global Microscopy Market By Region, 2024-2031
- Largest
- Fastest
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Global Microscopy Market Dynamics
Microscopy Market Driver
- The increasing demand for microscopy from the healthcare segment is one of the prominent drivers of the market. In healthcare, the growing trend of nanotechnology is propelling the market forward. The study of molecularly scaled functional systems is known as nanotechnology. It is a multidisciplinary field that encompasses a wide range of scientific disciplines, including engineering, chemistry, biology, physics, and materials science. An important stage in the study of nanomaterials is structural characterization, which makes considerable use of microscopes. Advanced microscopes and tools are preferred because they can adequately characterize nanostructures' structure and surface in detail at the molecular and atomic levels. This is because nanostructures are too small to be seen with traditional optical microscopes. As a result, nanotechnology has seen an upsurge in the use of microscopy. Research on regenerative medicine frequently makes use of microscopes. For the purpose of creating functional organs, regenerative medicine entails the creation and application of therapeutic stem cells, skin cells, and tissues, as well as tissue engineering.
Microscopy Market Restraint
- High cost of advanced microscopes and software subscriptions is one of the major factors that hinders the growth of the market. There has been a shift in the usage patterns of microscopes as a result of technological development. Due to their high-end features, superior resolution, and magnification power, high-end microscopes like electron, scanning probe, and digital ones are replacing conventional ones in terms of popularity. However, the price of these microscopes, which ranges from USD 25,000 to USD 2,000,000, severely restricts their use in small-scale businesses, pathology labs, and hospitals, which acts as a limiting factor to the growth of the Microscopy market.
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Global Microscopy Market Competitive Landscape
The Microscopy market is fragmented in nature. The prominent players operating in the market are constantly adopting various growth strategies in order to stay afloat in the market. Product launches, innovations, mergers, and acquisitions, collaborations and partnerships, and intensive R&D are some of the growth strategies that are adopted by these key players to thrive in the competitive market. The key market players are also constantly focused on R&D in order to supply industries with the most efficient and cost-effective solutions.
Microscopy Market Top Player’s Company Profiles
- Carl Zeiss AG
- Thermo Fisher Scientific, Inc.
- Nikon Corporation
- Olympus Corporation
- Hitachi High-Technologies Corporation
- Bruker Corporation
- Leica Microsystems GmbH
- Jeol Ltd.
- FEI Company
- Asylum Research (Oxford Instruments)
- Keysight Technologies, Inc.
- Danaher Corporation (Leica Biosystems)
- Carl Zeiss Microscopy GmbH
- Oxford Instruments plc
- Gatan, Inc.
- Aifotec AG
- Agilent Technologies, Inc.
- Nanolive SA
- PhaseView
- WITec GmbH
Microscopy Market Recent Developments
- In July 2021, Carl Zeiss launched the ZEISS DeepRecon Pro and ZEISS PhaseEvolve reconstruction technologies in the ZEISS Xradia 3D X-ray platforms. These innovations will use AI to accelerate decision-making by enhancing data collecting and processing.
- In June 2021, Danaher Corporation introduced the Leica Nano workflow. The new live-cell correlative light and electron microscopy (CLEM) workflow solution designed to increase experimental success rates, improve reproducibility, and simplify light and electron microscopy (EM) integration.
Global Microscopy Key Market Trends
- The expansion of the Microscopy market was aided by the increasing number of applications of microscopy. For instance, in the healthcare segment, there has been an increased use of microscopy. New applications for microscopes in optogenetics, nanophotonic, photochemical catalysis, and the fabrication of superhydrophobic materials have been made possible by recent advancements in microscopy techniques. A neuromodulation technique called optogenetics employs light as a trigger to regulate and track the actions of specific neurons in living tissue. Optogenetics and microscopy have recently been used in studies on layers of cultured excitable cells in order to comprehend the biology of action, potential generation, axonal signal transmission, and synaptic activity. In the upcoming years, Microscopy market participants may anticipate to see strong growth in these new microscopy application areas.
Global Microscopy Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates and Analyses the Data collected by means of Primary Exploratory Research backed by the robust Secondary Desk research.
According to our analysis, Global Microscopy market is segmented based on product, microscope type, application, end-use industry, and region. Based on the product, the microscope segment is projected to hold the most substantial share in the market. Based on the microscope type, the electron microscopes segment is projected to hold the most substantial share in the market. Based on the application, the healthcare & life sciences segment is projected to hold the most substantial share in the market. Based on the end-use industry, the healthcare segment is projected to hold the most substantial share in the market. Based on the region, the North America region is projected to hold the most substantial share in the market.
| Report Metric | Details |
|---|---|
| Market size value in 2023 | USD 6.81 billion |
| Market size value in 2031 | USD 11.31 billion |
| Growth Rate | 5.8% |
| Forecast period | 2024-2031 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
|
| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
Microscopy Market Recent Developments
|
| Customization scope | Free report customization with purchase. Customization includes:-
|
| Historical Year | 2019 |
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Global Microscopy Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Global Microscopy Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Global Microscopy Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Global Microscopy Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Global Microscopy Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Global Microscopy Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
Global Microscopy Market Report Snapshots
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