Microscopy Devices Market - Business Opportunities, Future Demands, and Growth Challenges Report
Microscopes have enabled researchers to conduct in-depth academic and exploratory research. Increasing interest in life science areas such as nanoscience and pharmacology & toxicology has created a need for advanced microscopes that employ mediums much more penetrative than light such as electron and X-ray. Based on device type, the global microscopy devices market has been segmented into optical microscopes, electron microscopes, and scanning probe microscopes. Rapid expansion of the global microscopy devices market is attributed to increase in innovations and technological advancements in microscopes, focus on R&D activities by pharmaceutical and biotechnology companies, and growth of the life science industry. The global microscopy devices market has been segmented based on product type, application, end-user, and region.
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Microscopy Devices Market - Snapshot
Microscopes have enabled researchers to conduct in-depth academic and exploratory research. Rise in interest in life science areas such as nanoscience and pharmacology & toxicology has created a need for advanced microscopes that employ mediums much more penetrative than light such as electron and X-ray. Based on device type, the global microscopy devices market has been segmented into optical microscopes, electron microscopes, and scanning probe microscopes. The global microscopy devices market was valued at US$ 6,218.0 Mn in 2016 and is anticipated to expand at a CAGR of 8.0% from 2017 to 2025 to reach US$ 12,351.4 Mn by 2025. The scanning probe microscopy segment is likely to fuel the growth of the global microscopy devices market from 2017 to 2025.
Rapid expansion of the global microscopy devices market is attributed to increase in innovations and technological advancements in microscopes, focus on R&D activities by pharmaceutical and biotechnology companies, and growth of the life science industry. The biomedical research and engineering sector is rapidly growing, driving innovation in products and technologies used in the field. For instance, localization microscopy is a new technique designed by a scientist at the Delft University of Technology (the Netherlands). A fluorescence microscope usually produces images within the resolution range of 200 nanometers to 300 nanometers. However, scientists can use the new localization microscopy technique to produce better and more informative images of cellular functions, including internal images of cells.
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The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.
Key Players of Microscopy Devices Market Report -
Key companies operating in the global microscopy devices market and profiled in the report include Olympus Corporation, Hitachi High-Technologies Corporation, Carl Zeiss Microscopy GmbH, and Nikon Corporation. These players are adopting advanced techniques in development of microscopy devices to expand their product offerings, strengthen their geographical reach, increase customer base, and garner market share. In April 2016, Olympus Corporation introduced a new confocal laser scanning microscope, the FLUOVIEW FV300, which combines usability with high-performance imaging capabilities to enable researchers in fields such as cell biology, cancer research, and stem cell research. In November 2016, Nikon Corporation launched new inverted microscope, the ECLIPSE Ti2, which provides improved stability and usability in research applications in the life sciences segment.
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