Global Optical Microscopes Market Outlook and Growth Forecast for the Period 2016-2025

Market Research Report Search Engine (MRRSE) recently announced the addition of a new research study to its comprehensive collection of research reports. The research report, titled “Optical Microscopes Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2025” offers a detailed analysis of the market, providing insights into the market dynamics that are expected to influence the overall market positively in the next few years. Furthermore, the product segmentation, drivers, barriers, key geographical segments, and the competitive scenario of the Global Optical Microscopes market have been elaborated upon in the research report.

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A microscope is an instrument used to see objects that are too small to be seen by the naked eye. Microscopy is the science of investigating small objects and structures using such an instrument. An optical microscope is a device that uses one lens or a series of lenses to magnify images of small samples with visible light. The lenses are placed between the sample and the viewer’s eye to magnify the image so that it can be examined in greater detail. Optical microscopes are used in many research areas including microbiology, microelectronics, nanophysics, biotechnology, laboratories in educational institutes, and pharmaceutical research. They are also used to view biological samples for medical diagnosis. The global optical microscope market is expected to expand at a significant rate driven by increase in demand from innovation science. The optical microscope market was valued at about US$ 1.6 Bn in 2016 and is projected to expand at a CAGR of around 6% during the forecast period.          

Factors such as increase in R&D expenditure, advancements in nanotechnology, development in the field of optical microscopy, and development in software technology are expected to drive demand for optical microscopes during the forecast period. Discovery of blood cells in the human body opened the doors for advanced studies in cell biology. Discovery of genes involved in human development through microscopes is a clear demonstration of their importance in the life sciences. These developments are anticipated to propel demand for optical microscopes. Limitations of optical microscopy in the field of research as compared to electron microscopes and small scale manufactures offering low-cost products are the main restraints for the optical microscopes market.

Key players in the optical microscopes market are increasingly focusing on software-based differentiation to remain competitive. Technologically advanced products and end- user specific product development are the strategies adopted by key players in the optical microscopes market.

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Major players in the optical microscopes market are engaged in collaborations and innovative product development as their key strategies to maintain long term relationships and diversify product offerings. For instance, in 2015, Nikon Corporation entered into a collaboration with Lonza, a developer and manufacturer of cells for regenerative medicine therapeutics, in the field of cell and gene therapy manufacturing in Japan. This collaboration will give Nikon access to Lonza’s quality and operating systems, facility design, and ongoing consulting services to facilitate Nikon to develop its own cell and gene therapy contract manufacturing business. Considering the demand from the life sciences industry, Olympus has launched the IXplore microscope range to cater to modern laboratory life sciences and medical application needs. This product comes with automated imaging technology for accurate and efficient experiments and the IXplore Live feature for precise live cell imaging. Flinn Scientific Inc. launched Flinn Advanced Compound Microscopes that deliver high-quality optics, which are considered the best for advanced biological science courses and include easy-to-use software.

Key Takeaways

An extensive analysis of the optical microscopes market trends and shares from 2016 to 2025 to identify the market opportunities and analyze industry development
A list of key developments in the optical microscopes market made by key players
A list of key factors responsible for building the upcoming opportunistic roadmap for the optical microscopes market at a global, regional, and country level
Comprehensive analysis with respect to investments and price trends that impact the outlook of the global optical microscopes market between 2016 and 2025
The report provides insights into market opportunities for various stakeholders in the value chain and a detailed competition landscape for key players dominating the industry to understand competition level
Porters’ Five Forces highlight the potency of buyers and suppliers and enable stakeholders to make profit-oriented business decisions. They analyze the strengths and weaknesses to gain strategic position in the market.

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This release was published on openPR.