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Meticulous Research®– a leading global market research company, published a research report titled “Microscopy Market Size, Share, Forecast, & Trends Analysis by Product (Microscopes (Optical [Compound, Stereo, Digital] Electron [SEM, TEM] Scanning Probe [AFM, STM]), Software) Application (R&D, Material Analysis) End User – Global Forecast to 2031.”
According to this latest publication from Meticulous Research®, the microscopy market is projected to reach $13.25 billion by 2031, at a CAGR of 4.8% from 2024 to 2031. The growth of this market is mainly attributed to the encouraging funding scenario for R&D in microscopy, technological innovations and advancements in microscopes, the increasing focus on regenerative medicine and nanotechnology, and rising academia-industry collaborations. However, the high cost associated with technically advanced microscopes restrains market growth.
Moreover, increasing demand for surgical microscopes and advancements in portable microscopy offer growth opportunities for players operating in the microscopy market. However, the complexities associated with instrument handling & sample preparation and the lack of skilled professionals are major challenges for the market’s growth.
Key Players
The key players operating in the microscopy market are CARL ZEISS AG (Germany), Nikon Corporation (Japan), Bruker Corporation (U.S.), Olympus Corporation (Japan), JEOL Ltd. (Japan), Danaher Corporation (U.S.), Hitachi High-Tech Corporation (Japan), Thermo Fisher Scientific Inc. (U.S.), Oxford Instruments plc (U.K.), Accu-Scope Inc. (U.S.), Meiji Techno Co., Ltd. (Japan), and Labomed, Inc. (U.S.).
Microscopy Market: Future Outlook
The microscopy is segmented by Product (Microscopes [Electron Microscopes, Optical Microscopes, Scanning Probe Microscopes, and Others Microscopes], Accessories, and Software), Application (Research & Development, Diagnostics, Surgical Applications, Material Analysis, and Quality Assurance & Quality Check), End User (Industries, Academic & Research Institutes, and Other End Users) and Geography. The study also evaluates industry competitors and analyzes their market share at the global and regional levels.
Among all the products studied in this report, in 2024, the microscopes segment is estimated to account for the largest share of the microscopy market. The microscopes segment is further segmented into electron microscopes, optical microscopes, scanning probe microscopes, and other microscopes. In 2024, the electron microscopes segment is estimated to account for the largest share of the microscopy market. The large share of this segment is mainly attributed to factors such as the wide range of applications of electron microscopes and the growing demand for advanced magnification devices in various industries. Additionally, rising demand for the 3D analysis of materials and the increasing applications of transmission electron microscopy and scanning electron microscopy in various fields such as life sciences, nanotechnology, and others contribute to the segment’s large share.
Among all the applications studied in this report, in 2024, the research & development segment is estimated to account for the largest share of the microscopy market. The large share of this segment is mainly attributed to the increasing use of microscopes in pharmaceutical research & infectious disease research and the availability of funding for the R&D of microscopes. The increased funding has allowed universities and academic institutions to set up new facilities for developing high-tech microscopes, enabling scientists and researchers to explore new research areas, thus contributing to the largest share of the segment.
Among all the end users studied in this report, in 2024, the industries segment is estimated to account for the largest share of the microscopy market. The segment’s large share is attributed to the increasing need for microscopes in pharmaceutical research, rising demand for microscopes for qualitative and quantitative analyses in the semiconductor industry, growing sales of electronic products globally, increased utilization of microscopes in food testing laboratories, and increasing focus on bioplastics. In the bioplastics industry, microscopy is used for surface characterization to determine the color, size, roughness, and other physical properties of plastics.
Geographic Review
This research report analyzes major geographies and provides comprehensive analysis for North America (U.S. and Canada), Europe (Germany, France, U.K., Italy, Spain, Switzerland, and Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, and Rest of Asia-Pacific), Latin America (Brazil, Mexico, Rest of Latin America), and the Middle East & Africa.
Among all the geographies studied in this report, Asia-Pacific is projected to witness the highest growth rate during the forecast period of 2024–2031. The growth of the region is attributed to the rising healthcare and R&D expenditures, increasing pharmaceutical research outsourcing in the region owing to lower cost advantages, increasing government funding, and improving healthcare infrastructure. In addition, the significantly growing pharmaceutical, biotechnology, and medical devices industry in Asia, primarily due to the rising demand for medical care from a large population base with increasing incidence & prevalence of chronic disease and the aging population are expected to support the adoption of microscopy equipment market in the region.
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