Microscopy Global Market Report 2024

The microscopy market size has grown strongly in recent years. It will grow from $9.14 billion in 2023 to $9.81 billion in 2024 at a compound annual growth rate (CAGR) of 7.4%. The growth observed in the historic period can be attributed to factors such as increased research and development in life sciences, the demand for drug discovery and development, applications in material science and nanotechnology, rising adoption in clinical diagnostics, and the need for quality control in manufacturing processes.

The microscopy market size is expected to see strong growth in the next few years. It will grow to $13.37 billion in 2028 at a compound annual growth rate (CAGR) of 8.0%. The anticipated growth in the forecast period can be attributed to an increased demand for point-of-care diagnostics, applications in environmental monitoring, the expansion of the aerospace and automotive industries, the use of remote microscopy and digital pathology, and enhanced imaging in neuroscience research. Notable trends in the forecast period include advancements in super-resolution microscopy, the integration of artificial intelligence (AI), multiplexed imaging, the utilization of cryo-electron microscopy (cryo-EM), 3D imaging and reconstruction, and the adoption of quantitative microscopy techniques.

The microscopy market is anticipated to experience growth, propelled by the rising demand for pharmaceutical and cell biology research. This research sector focuses on the discovery and development of potential drug candidates and compounds for medicinal use, aiming to cure, alleviate symptoms, and vaccinate against various diseases. Microscopy techniques play a crucial role in pharmaceutical and cell biology research, aiding projects such as biosimilar stem cell research, pharmacology, and biomedical research. In February 2022, IQVIA reported increased venture capital deal activity and investment flows in the United States, with significant R&D spending of $133 billion by the 15 largest pharmaceutical firms in 2021. The heightened interest in life sciences is expected to drive the microscopy market through the rising demand for pharmaceutical and cell biology research.

The microscopy market is poised for growth due to the increasing demand in the semiconductor industry. This industry encompasses the design, development, manufacturing, and distribution of semiconductor devices. Microscopy is integral to ensuring the quality, reliability, and performance of semiconductor devices by facilitating detailed inspection, defect identification, and optimization of manufacturing processes. In April 2022, global semiconductor sales exhibited a 21.1% increase compared to April 2021, as reported by the World Semiconductor Trade Statistics Organization. The surge in demand within the semiconductor industry is a driving force behind the growth of the microscopy market.

Key players in the microscopy market are strategically focusing on innovative products to boost revenues. Nikon Corporation, a Japan-based optics and imaging products company, introduced Eclipse Ui in April 2023. This digital imaging microscope enhances medical diagnosis and research by offering advanced imaging capabilities, eliminating the need for an eyepiece lens, and facilitating image sharing on a screen. The Eclipse Ui's unique design enhances the pathologist's observation workflow, reduces physical strain, and improves the overall pathological observation experience.

The microscopy market is witnessing the development of advanced solutions, such as high-sensitivity scanning probe microscope systems. Hitachi High-Tech Corporation, a Japan-based company operating in various high-tech fields, launched AFM100 Pro in June 2022. This high-sensitivity scanning probe microscope system provides enhanced sensitivity and high-precision measurement at the atomic and molecular scales. It finds applications in diverse industries, including semiconductor, polymer, and biomedical, for research and development as well as quality control.

In November 2022, Bruker Corporation, a US-based scientific equipment manufacturer, acquired Inscopix, Inc This acquisition aims to strengthen Bruker Corporation's position in in vivo brain functional imaging and preclinical MRI systems, gaining a competitive advantage in neurotherapeutics. Inscopix, Inc., a US-based company specializing in medical devices and microscopy technology development, adds valuable capabilities to Bruker Corporation's portfolio.

Major companies operating in the microscopy market report are Nikon Instruments Inc., Bruker Corporation, Olympus Corporation, Carl Zeiss AG, Thermo Fisher Scientific Inc., Danaher Corporation, JEOL Ltd., Hitachi Ltd., Oxford Instruments plc., AMETEK Inc., NT-MDT Spectrum Instruments, Meiji Techno Co Ltd, Accu-Scope Inc., Takagi Seiko Corporation, Sonix Inc., Konan Medical Inc., Woodley Equipment Company Ltd, Radical Scientific Equipments Private Limited, Mauna Kea Technologies, Topcon Healthcare, ATMOS Medizintechnik GmbH, Agilent Technologies Inc., General Electric Company, Labomed Inc., Alltion Co Ltd, Alcon Inc., ARI Medical Technology Co Ltd, Avante Health Solutions, Buehler, Celestron, Danish Micro Engineering, HAAG-STREIT Surgical GmbH.

North America was the largest region in the microscopy market in 2023. Asia-Pacific is expected to be the fastest-growing region in the microscopy market during the forecast period. The regions covered in the microscopy market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the microscopy market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The main categories within microscopy include microscopes, accessories, and software. Microscopes are optical devices equipped with magnifying lenses or lens collections, allowing the inspection of items that may not be clearly visible or detailed enough for the naked eye. Microscopy finds applications across various fields such as semiconductors, life sciences, materials science, nanotechnology, and more. The end-users encompass industries such as industrial, electronics, and semiconductor, as well as the automotive, food and beverages, diagnostic and pathology labs, pharmaceutical and biopharmaceutical companies, CROs (Contract Research Organizations), academic and research institutes, among others.

The microscopy market research report is one of a series of new reports that provides microscopy market statistics, including the microscopy industry global market size, regional shares, competitors with a microscopy market share, detailed microscopy market segments, market trends and opportunities, and any further data you may need to thrive in the microscopy industry. This microscopy market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.


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