Optical Microscopes Market- Limitations as Compared to its Electron Variant May Influence the Market Growth

Certain limitations of optical microscope compared to its electron variant may pose challenges pertaining to the adoption. Moreover, low-cost products offered by small-scale manufactures may act as a roadblock in the growth trajectory of optical microscopes market. These insights are according to a new report, titled “Optical Microscopes Market– Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016- 2025,” recently added to the all-inclusive repository of Market Research Reports Search Engine (MRRSE). This report encompasses market attractiveness analysis, wherein end-users are benchmarked based on their market size, growth rate, and general attractiveness.

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With applications across areas including microbiology, microelectronics, nanophysics, biotechnology, laboratories in educational institutes, and pharmaceutical research, Optical microscopes have gathered significant momentum globally. They are also used to view biological samples for medical diagnosis, which is another aspect boosting the global demand. The global optical microscope market is envisioned to expand at a stellar rate, mostly driven by high demand in innovation science.

The optical microscope market valued around US$ 1.6 Bn in 2016 and is poised to grow at an impressive CAGR of around 6% from 2016 to 2025. Increase in R&D expenditure, progression in nanotechnology, innovation in optical microscopy, and development in software technology are projected to push the demand for optical microscopes during the forecast period. Aspects like discovery of blood cells and genes in the human body through microscopes clearly portray their importance in life sciences. These developments are anticipated to pave ways for optical microscopes with respect to global demand.       

Optical Microscopes Market- Rising Educational Institutes to Fortify Demand Scale

With booming educational & training organizations, the market for optical microscopes is foreseen to have a positive outlook over the time. Increase in the number of education centers across the globe is further reinforcing the uptake in the demand for optical microscopes market. In the past, use of microscopes in science was quite limited. With striking developments such as phase contrast microscopy and fluorescence microscopy, wide-scale usage of optical microscopes is augmented across various applications. Innovations and advancements in optical microscopy have made optical microscopes an ideal tool used across semiconductor, healthcare & research, and many other industries.

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North America & Asia Pacific to Stand Out as Key Regions in the Global Market

From a geographical standpoint, North America & Asia Pacific are foreseen to be distinctive as key regions in the optical microscopes market. With North America and Europe holding a considerable share of the global market, Asia Pacific had recorded notable expansion in 2016. This expansion is attributed to the research and development activities in Japan, China, South Korea, and India. Pharmaceutical & biotechnology companies can be a focal point with ample scope in Asia for manufacturers to take note, owing to the extensive presence of pharmaceutical companies in China & India. Moreover, high expenditure in R&D makes Japan a prominent region in the Asia Pacific market.

Key players who are well-established in the global optical microscopes market include Carl Zeiss AG, Leica Microsystems, Meiji Techno, Nikon Instruments Inc., Olympus Corporation, Labomed, Inc., Oxford Instruments Asylum Research, Inc., Bruker, and CAMECA. Among all the key stakeholders, Carl Zeiss AG, Leica Microsystems, Nikon Instruments Inc., and Olympus Corporation account for a major share of the global market.

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This release was published on openPR.