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Global Electron Microscope Market Expected to register at a CAGR of 8.2%, Key Players-Nikon Metrology Inc., Thermo Fisher Scientific., ZEISS, International, JEOL Ltd., Angstrom Advanced Inc., Hirox Europe Ltd., and Hitachi High-Technologies Europe GmbH.
Global Electron Microscope Market
The size of the global electronic microscope market was estimated at USD 3.2 billion in 2017. It is expected to grow at a CAGR of 8.2% during the forecast period. The diversity of applications and the high demand for next-generation magnification devices are driving market growth. Augmentation and visualization devices are an integral part of the microscopy industry. They are used in sectors such as the polymer industry, agriculture, nanotechnology and atomic studies.
Electron microscopes are widely used in the field of semiconductors. It is used in the field of circuit editing and circuit fault analysis. In life sciences, they find use in clinical trials, pathology, disease diagnosis, toxicology and several other subdisciplines. Microscopy can also be used to characterize materials, to study their internal structures and for other applications. Microscopes are also used in the food, forensic, chemical, health and other industries. The nanotechnology sector dominated the market in 2017 and is expected to experience the fastest growth during the forecast period. TEM allows to obtain images at the molecular level, which increases its applicability in chemistry to study composite structures. In biology, TEMs are used to understand bacteria and viruses. The segment is expected to experience profitable growth during the forecast period.
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Global Electron Microscope Market-Drivers and Restraints:
Extensive applications in a variety of fields, including medicine, food, fuel cells, solar cells, chemical sensors, space programs, tissue development and air and water purification, among others, should stimulate the market growth. The increase in R & D activities in different sectors should contribute to the growth of the segment in the coming years. Advances in technology and capacity development, such as faster processing and efficient sample preparation techniques should stimulate the demand for electron microscopes in the coming years. In addition, it is expected that the integration of these advances in the visualization modalities to improve three-dimensional and high-definition images will increase the demand of several application segments during the forecast period.
Global Electron Microscope Market-Geographic Segmentation:
Geographically, the electronic microscope market is segmented into Europe, North America, Asia-Pacific, the Middle East and Africa, and Latin America. North America had the largest market share in terms of revenues in 2017 due to the widespread adoption of advanced technologies and broader health coverage.
The Asia Pacific region is expected to experience the fastest growth during the forecast period. Notable markets in the region include Japan, China, India and Australia. The region is expected to grow faster due to the rapid growth of the medical tourism industry and the rapid development of healthcare infrastructure. In addition, the growing R & D sector is also expected to stimulate the demand for electronic microscopes in the Asia-Pacific region.
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Key players in the Global Electron Microscope Market Report are:
Some of the prominent players of the market include Nikon Metrology Inc., Thermo Fisher Scientific., ZEISS, International, JEOL Ltd., Angstrom Advanced Inc., Hirox Europe Ltd., and Hitachi High-Technologies Europe GmbH.
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Research Cosmos is a provider of standard and customized Industry research, business intelligence and consulting services across more than 100 domains in different industries of the world. We host the trending Industry reports of the world’s top-notch publishing companies, offering services to a wide range of customers from students to fortune 500 companies and discloses the hidden opportunities in every leading industry of the world.
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