2020-2027 Analysis and Review Microscopes Market

Microscopes Market

Microscopes Market By Product (Optical Microscopes, Electron Microscopes, Scanning Probe Microscopes and Others), By Application (Life Sciences, Material Sciences and Others) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2020 – 2027

18-01-2020 REP-HC-5010 40 Tables 119 pages Format

The Microscopes market was valued at USD2,100.9 Mn by 2019. A constant rise in the drug discovery activities and technological advancement in the microscopic lenses will together determine the microscopes market growth. Furthermore rising prevalence of infectious disease and the looming threat associated with antibiotic resistance will consolidate the microscopes market growth. The major obstacle associated with this market is the high cost associated with initial capital investment and later subsequent maintenance of its costly accessories.

 Microscopes Market

Several disciplines pertaining to life sciences such as cell biology, microbiology, pathology, toxicology, and pharmacology etc., find immense application and use of microscopic devices. Significant demand for novel drug discovery and burgeoning requirement of developing prophylactic treatment options for viral diseases such as Swine flu, Coronavirus, and Ebola infection further accentuates the market demand for microscopic devices. The value addition of automation and generation of high definition images and capability to integrate it with several display modalities is the primary goal of microscopic device manufacturers across the globe.

The major segments related to the microscopes market are:

By Product (2017–2027; US$ Mn)

Optical Microscopes

Electron Microscopes

Scanning Probe Microscopes

Others

By Application (2017–2027; US$ Mn)

Life Sciences

Material Sciences

Others

Geography Segment(2017–2027; US$ Mn)

North America

United States
Canada

Europe

United Kingdom
Germany
Rest of Europe

Asia Pacific

China
Japan
Rest of Asia Pacific

Latin America (LATAM)

Brazil
Mexico
Rest of Latin America

Middle East and Africa (MEA)
GCC
Rest of MEA 

Justification for study?

  • The intention of the study is to give a comprehensive outlook of the global microscopes market
  • The overall segmentation of the microscopes market, by product, application, and geography is minutely studied. Optical microscopes and life sciences are dominating the product and application segments respectively
  • A constant rise in the number of infectious disease worldwide and the looming threat of antibiotics resistance will drive the microscopes market growth
  • Technological advancement in the lenses utilized in the microscopes will further consolidate the microscopes market growth  

Report gist?

  • The study of the global microscopes market includes qualitative analysis of factors such as drivers, restraints, and opportunities
  • The report covers qualitative and quantitative analysis of the overall market segmented on the basis of product and application and categorization of the same at geography level
  • This research report presents the analysis of each segment from 2017 to 2027 considering 2019 as the base year for the research. CAGR for each respective segments are calculated for the forecast period from 2020 to 2027
  • The study includes the profiles of major market players with a significant global and regional presence along with top company positioning 

Significant customers?

  • This study is suitable for industry participants and stakeholders in the medical device manufacturers engaged in the manufacturing and marketing of microscopes which is gaining huge demand on account of the rising prevalence of infectious diseases worldwide
  • The report will benefit researchers engaged in conducting an investigation of vectors spreading infectious diseases
  • Managers with financial institutions looking to publish recent and forecasted statistics pertaining to microscopes market
  • Financial institutions venture capitalist, analysts, investors, government organizations, policymakers, regulatory authorities, researchers, looking for insights into the market to determine future strategies

Segment Analysis

In the current situation optical microscopes are spearheading the product segment for microscopes market. A significant increase in the adoption rate of optical microscopes in academic research institutes throughout the globe is responsible for its burgeoning requirement in the life sciences and material science disciplines respectively. The conducive balance between the capability in achieving high-resolution images and the corresponding device cost has further consolidated the optical microscopy devices market. It is expected that scanning probe microscopes are keen to register rampant market growth in the near future on account of its ability to perform a study of real-time three-dimensional shaped objects with excellent magnification and resolution.

The applications segment is further categorized as life sciences, material science, and other applications. The life sciences segment is dominating the application segment on account of the increasing novel drug discovery activities and spontaneous emergence of life-threatening infectious disease such as Swine flu, Coronavirus, Ebola, etc., will result in the further demand for microscopes in the life sciences domain. Significant development in the nanotechnology in the last 2 decades material science has developed significant interest among the research fraternity to understand the properties of nanoscience and its application in anthropological activities.

North America is representing the largest market share in the geography segment for the microscopes market. The major attributes which determine its market dominance is the huge investment made in the research and development of the magnification, resolution, and development of microscopic lenses. The presence of major players such as Bruker Corporation, Nikon Corporation, Olympus Corporation, Thermo Fisher Scientific Corporation, etc. will further bolster the microscopes market growth in the region. Comparatively Europe stands in the 2nd place owing to its strategic partnership between medical device manufacturers and academic research institutes for the research and development of accessories pertaining to microscopy. Moreover supportive regulatory environment provided by the European Medical Agency (EMA) will further accentuate the microscopes market growth in the Eastern European region. It is anticipated that the Asia Pacific is set to showcase sturdy growth during the forecast period on account of developing healthcare infrastructure, potential market opportunities for major players to establish retail outlets and subsidiaries.

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