If you are new to TikTikTalk ? Your first verification mail might be in your spam folder.Check there and move it to your inbox to complete registration or account verification process..
Sponsored
sociofans

Microscopy Market worth $9.5 Billion

0
1K

The global microscopy market size reached $7.2 billion in revenue in 2022 and is expected to grow to $9.5 billion by 2027 at a solid compound annual growth rate (CAGR) of 5.8%, according to a new report published by MarketsandMarkets. This growth is being driven by technological innovations in microscopes, increased funding for R&D, and rising focus in the areas of regenerative medicine and nanotechnology.

Request for Free Sample Report

There has been a shift towards high-end microscopes recently, as traditional microscopes are increasingly being replaced by more advanced options like electron, scanning probe, and digital microscopes due to their enhanced resolution, magnification, and features. However, with price tags ranging from $25,000 to $2 million, cost has become a limiting factor for adoption by smaller organizations. The market is expected to benefit from strong demand coming from the healthcare sector as well as the thriving semiconductor business.

Increased use of microscopes in regenerative medicine and nanotechnology research will drive revenues for microscopy hardware, software, and accessories over the next five years. Emerging application areas like optogenetics, nanophotonics, and photochemical catalysis are widening the scope for microscopes and opening up significant opportunities for market players. However, the availability of capable open-source microscopy software, which are usually free of cost, is posing a unique challenge for commercial providers in this space.

Optical microscopes will continue to dominate market revenues in the coming years, thanks to the expanding use of digital and confocal microscopes across industries like life sciences and material sciences. Technological advancements leading to improved digital microscopes are contributing to their surging popularity. Electron and scanning probe microscopes will record faster growth rates, driven by advancements leading to new capabilities and increased adoption in materials research and semiconductor inspection applications.

From a regional perspective, North America is expected to remain the largest microscopy market, holding the highest revenue share of total revenues. Increased investment in R&D, strong focus on areas like nanotechnology, and availability of advanced microscopes are key factors positioning the region as the leader in this industry. On the other hand, the Asia Pacific region will demonstrate the most rapid growth over 2022-2027. Growing funding for microscopy research, expanding use of correlative microscopy in life sciences, establishment of microscopy research collaborative centers, and access to cost-effective skilled labor are tailwinds propelling market expansion in Asia Pacific countries.

Request for Free Sample Report

The global microscopy market remains fragmented currently, with top players including Carl Zeiss, Danaher Corporation, Thermo Fisher Scientific, Nikon Corporation, Bruker Corporation, Oxford Instruments, JEOL Ltd., and Hitachi High-Technologies Corporation, amongst others. These companies are focused on launching innovative products and advancing microscopy technology through strategic partnerships and M&A deals to strengthen their foothold. With microscopy and nano-scale imaging finding increased relevance across scientific disciplines and industries alike, investors can expect a rich pipeline of innovations that will unfold to accelerate market growth over the next five years.

Top 10 Companies in the Tissue Diagnostics Market
Top 10 Companies in Human Capital Management Market
Top 10 Companies Leading the Patient Engagement Solutions Market
Top 10 Companies in the Blood Collection Devices Market

Sponsored
Sponsored
Search
Sponsored
Categories
Read More
Other
Food Authenticity Market Size, Industry Trends, Share, Growth and Report 2024-2032
Summary: The global food authenticity market size reached US$ 7.8 Billion in 2023. The market...
By jamessmithjimmy12 2024-09-11 07:24:02 0 833
Networking
Fantasy Games Market Demand and Growth Analysis with Forecast up to 2033
According to the Regional Research Reports, the global fantasy games market size is...
By Nit234 2023-08-01 08:08:20 0 3K
Other
Online Education Market Size, Share and Global Forecast to 2032
Online Education Market Overview: The online education market has experienced remarkable growth...
By Trending_Technology 2024-10-16 07:34:18 0 521
Networking
IT Management as a Service Market size See Incredible Growth during 2033
According to the Regional Research Reports, the global it management as a service...
By Nit234 2023-11-28 09:27:27 0 2K
Other
Future of The Smart Skis Market size is expected to grow at a CAGR of 11.9% from 2023 to 2033
According to the Market Statsville Group (MSG), the Global Smart Skis Market size is...
By marketstatsvillegroup 2023-11-30 09:46:33 0 2K
Sponsored