Microscopy Market Analysis

Microscopy Market Analysis - Forecasts to 2025 By Product Type (Electron Microscope, Optical Microscope, Scanning Probe Microscope, & Others), By Application (Life Science, Material Science, Nanotechnology & Semiconductors), By Region (North America, Europe, Asia Pacific, Central & South America, Middle East & Africa); End-use Landscape; Vendor Landscape and Competitor Analysis - Global Market Estimates

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This report was recently updated on September 28 2024 with the latest and most recent market numbers

Market Insights:

Magnification and visualization devices play an important role in influencing market growth. These devices are mainly used in polymer industry, nanotechnology, and agriculture & atomic studiesin microscopy market.

The shifting focus towards nanotechnology, increased government & corporate fundings, advancement in technology such as high-throughput techniques and digitization of microscopes are few of the factors which are likely to fuel the market growth.  However, factors such as high cost of advanced microscopes, execution of excise tax by the U.S. government, and heavy customs duty on medical devices are likely to restrict the market growth over the forecast period.

Increased public and private funding in R&D is anticipated to be one of the key factors stimulating market growth over the coming years. This increasing trend is expected to continue in the future as research institutions and companies are looking to innovate and create breakthroughs in various fields.

Product Insights:

Electron technology based products segment has accounted for the highest market share owing to increased R&D expenditure. The segment is anticipated to dominate throughout the forecast period due to rising popularity of advanced electron technology product base such as SPM.

Optical technology bases products with more accuracy and innovative behaviour are likely to display a significant growth rate. They are widely used in academic and life science research institutes for cellular or subcellular imaging.

The innovation in products including faster performance and easy sample preparation techniques are anticipated to help the market grow over the coming years. In addition, linking of display modalities to display images in high quality and 3-D views are likely to drive the demand for microscopes over the forecast period.

Application Insights:

Based on applications, market is segmented into nanotechnology, material science, life science and semiconductors. Life science segment dominated the market accounting for more than 30% of the total revenue share in 2016. Nanotechnology is estimated to be the rapidly growing segment over the coming years. Increasing investment in nanotechnology Research & Development is expected to boost the demand for these devices in the near future.

Microscopy Market

Regional Insights:

North America accounted for more than 30% of the revenue share in 2016. Availability of a large number of research and development centres, high acceptance rate for the advanced technology among others are few of the factors that led to this dominance.  Moreover, increased government expenditures in R&D in various fields is driving the demand for this sector in North America.

Asia Pacific is anticipated to witness fastest growth over the forecast period. The presence of major players in countries such as Japan along with few local manufacturers of China and India are contributing towards the microscopy market growth.

End Use Landscape:

The end-use landscape includes a list of current and prospective consumers prevailing across the regions. This section provides company addresses, contact details, products, and regional presence of companies who are purchasing or are likely to purchase from microscopy market. The major consumers of the product are Harvard University, University of Oxford and Stanford University.

Competitive Scenario:

Few of major players of the market include Asylum Research, Nikon Corporation, JeoL Ltd., FEI Company, CAMECA Instruments, Hitachi High-Technologies Corporation, Bruker Corporation, NT-MDT Company, Carl Zeiss AG, and Olympus Corporation.

Please note: This is not an exhaustive list of companies profiled in the report.

In 2013, the Biotechnology and Biological Sciences Research Council invested around USD 16 million in advanced scientific research instruments.

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The microscopy market research report has been studied from the year 2016 till 2025. However, the CAGR provided in the market study is from the year 2017 to 2025. The market research methods involved three stages: Desk research, Primary survey research, and Analysis & Output from the entire research process.

microscopy market

The desk research involved a robust background study which meant referring to paid and unpaid databases to understand the industry analysis; industry trends; market analysis; market trends; market dynamics; mapping contracts from press releases; identifying the key players in the market, studying their product portfolio, competition level, annual reports/SEC filings & investor presentations; and learning the demand and supply side analysis for the microscopy market.

microscopy market

The primary research activity included telephonic conversations with more than 50 tier 1 industry consultants, VPs, CEOs, COOs, financial consultants, business consultants, strategy consultants, project management consultants, business management consultants, distributors, and end-use product manufacturers.

microscopy market

Finally, based on the above thorough research process, an in-depth analysis was carried out considering the following aspects: market attractiveness, current & future market trends, demand forecasting, market share analysis, SWOT analysis of the companies, and customer analytics.

microscopy market

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