Global Microscopy Device Market - Segmented by Type of Microscopy, Applications, End User, and Geography - Growth, Trends, and Forecast (2022 - 2030)
The microscopy device market is expected to register a CAGR of 7.8% during 2018 to 2023 (the forecast period). North America dominates the global market due to the rapid technological advances.
Increasing Demand for Focus on Nanotechnology & Life Science Research
An increasing focus on nanotechnology research is a major driving factor for the market. Nanotechnology has extensive applications in the field of life science, and therefore, it is encouraging governments and private companies across the world to support the R&D initiatives through public funding. Nanotechnology is, thus, boosting the adoption rate of advanced microscopes, which is driving the microscopy devices market significantly. One of the major use of microscopes is in surgical interventions. These procedures are related to cancer and neurosciences have high demand for magnified imaging systems to increase successful surgeries.
Additionally, rise in number of inventions in the field of microscopy and increase in public and private funding are also fueling the growth of the microscopy device market.
High Cost of Technologically Advanced Microscopes
High cost of technologically advanced microscopes, such as electron microscopes and exaggerated notions about the complexities and difficulties of operating and maintaining them has hindered the growth of the microscopy devices market. Additionally, there is huge capital investment in the manufacturing of these advanced microscopes as they require pre-setup work of computer configuration, user interface and high cost in maintaining the software.
North America is dominating the Market
North America is dominating the market, due to the presence of large number of academic institutes, advanced healthcare infrastructure, and R&D institutes are driving the market in that region. Additionally, constantly increasing number of healthcare facilities and increase in demand of diagnostic centers is also responsible for the dominance of North America in the microscopy device market.
Key Developments in the Market
• January 2018: Olympus launched TruResolution Objective for multiphoton laser scanning microscopes for neuroscience research.
Major Players - Nikon, Olympus, Leica, Carl Zeiss, Labomed, Accu-scope, Motic, American Optical, Bruker Corporation, FEI Company, JEOL Company and Bausch & Lomb, among others.
Reasons to Purchase this Report
• Current and future microscopy device market outlook in the developed and emerging markets
• Analyzing various perspectives of the market with the help of Porter’s five forces analysis
• The segment that is expected to dominate the market
• Regions that are expected to witness the fastest growth during the forecast period
• Identify the latest developments, market shares, and strategies employed by the major market players
• 3 months analyst support, along with the Market Estimate sheet (in excel)
Customization of the Report
• This report can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs.
Increasing Demand for Focus on Nanotechnology & Life Science Research
An increasing focus on nanotechnology research is a major driving factor for the market. Nanotechnology has extensive applications in the field of life science, and therefore, it is encouraging governments and private companies across the world to support the R&D initiatives through public funding. Nanotechnology is, thus, boosting the adoption rate of advanced microscopes, which is driving the microscopy devices market significantly. One of the major use of microscopes is in surgical interventions. These procedures are related to cancer and neurosciences have high demand for magnified imaging systems to increase successful surgeries.
Additionally, rise in number of inventions in the field of microscopy and increase in public and private funding are also fueling the growth of the microscopy device market.
High Cost of Technologically Advanced Microscopes
High cost of technologically advanced microscopes, such as electron microscopes and exaggerated notions about the complexities and difficulties of operating and maintaining them has hindered the growth of the microscopy devices market. Additionally, there is huge capital investment in the manufacturing of these advanced microscopes as they require pre-setup work of computer configuration, user interface and high cost in maintaining the software.
North America is dominating the Market
North America is dominating the market, due to the presence of large number of academic institutes, advanced healthcare infrastructure, and R&D institutes are driving the market in that region. Additionally, constantly increasing number of healthcare facilities and increase in demand of diagnostic centers is also responsible for the dominance of North America in the microscopy device market.
Key Developments in the Market
• January 2018: Olympus launched TruResolution Objective for multiphoton laser scanning microscopes for neuroscience research.
Major Players - Nikon, Olympus, Leica, Carl Zeiss, Labomed, Accu-scope, Motic, American Optical, Bruker Corporation, FEI Company, JEOL Company and Bausch & Lomb, among others.
Reasons to Purchase this Report
• Current and future microscopy device market outlook in the developed and emerging markets
• Analyzing various perspectives of the market with the help of Porter’s five forces analysis
• The segment that is expected to dominate the market
• Regions that are expected to witness the fastest growth during the forecast period
• Identify the latest developments, market shares, and strategies employed by the major market players
• 3 months analyst support, along with the Market Estimate sheet (in excel)
Customization of the Report
• This report can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs.
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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