Microscopy Market 2021 Is Booming Worldwide: Carl Zeiss, Danaher Corporation, Thermo Fisher Scientific, Nikon, Bruker Corporation, Olympus

Microscopy Market report employs a number of steps for collecting, recording, analyzing, and interpreting market data to make this report all-inclusive. The data and information concerning the Medical Devices industry are derived from consistent sources such as websites, annual reports of the companies, journals, and others and were checked and validated by the market experts. This market report makes available statistics on the current state of the industry as a valuable source of guidance and direction for companies and investors interested in this market. Microscopy Market research report also endows with the list of the leading competitors and their moves such as joint ventures, acquisitions, and mergers, etc.

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Microscopy Market analysis report comprises market data that can be relatively essential when it comes to dominate the market or make a mark in the market as a new emergent. The purpose of this market report is to provide a detailed analysis of the Medical Devices industry and its impact based on applications and on different geographical regions. This market research report is a resource for getting current as well as upcoming technical and financial details of the industry to 2026. It also strategically analyses the growth trends and future prospects. An influential Microscopy Market report also lists down the leading competitors and provides insights about the strategic industry analysis of the key factors influencing the Medical Devices industry.

The microscopy market is projected to reach USD 8.9 billion in 2026 from USD 6.5 billion in 2020, at a CAGR of 5.6% during the forecast period. Market growth is driven largely by factors such as favorable funding scenario for R&D in microscopy, technological advancements in microscopes, and rising focus on nanotechnology and regenerative medicine. However, the high cost of the advanced microscopes is expected to restrain the growth of this market during the forecast period.

By product, the software segment is expected to witness above-average growth in the microscopy market during the forecast period.

Software is expected to show the highest growth in the forecast period. The introduction of novel image acquisition software for microscopes is the recent trend in the microscopy market. Increasing research in life sciences and other application areas have resulted in the generation of a large amount of data, mainly due to advances in image quality. Present software can no longer handle these images, which indicates the potential opportunities offered in the area of software development. Recent key microscopy software launches include ZEISS ZEN Connect, Zeiss ZEN Core, ZEISS ZEN Intelleis software, and arivis Vision4D and patent-pending arivis inViewR.

By type, the optical microscopes accounted for the largest share of the microscopy market during the forecast period.

Based on type, the global microscopy market is segmented into optical microscopes, electron microscopes, scanning probe microscopes, and other microscopes. In 2020, optical microscopes accounted for the largest share of the microscopy market, primarily due to the increasing applications of digital and confocal microscopes in the materials science, semiconductor, and life science industries and the increased focus on developing advanced digital microscopes. However, the electron microscopes segment is estimated to grow at the highest CAGR during the forecast period. Growing life science and materials science research activities and the emergence of correlative light and electron microscopy are expected to drive the demand for electron microscopes in the coming years.

By application, the semiconductor applications segment is expected to account for the largest share of the microscopy market during the forecast period.

Based on applications, the microscopy market is segmented into semiconductor, life science, materials science, and other applications. In 2020, semiconductor applications accounted for the largest share of the microscopy market. Microscopy is extensively used in the semiconductor industry for R&D, quality control, monitoring, process development, and failure analysis. This factor, along with the growing demand for miniature transistor chips, nanoelectronics, quantum dots, and optoelectronics, drives the demand for microscopes in the semiconductor industry. However, the materials science applications segment is expected to be the fastest-growing application segment during the forecast period. In recent years, research in materials science has increased significantly. This is expected to drive the adoption of microscopes as they are used in the structural and chemical analysis of materials, including polymers, metals, alloys, ceramics, and biomaterials.

By end-user, the industries settings segment is growing at the highest rate.

Based on end users, the microscopy market is segmented into industries, academic & research institutes, and other end users. In 2020, the industries segment accounted for the largest share of the microscopy market. It is also the fastest-growing segment. Light and electron microscopes are widely used in industries for identification and particle analysis, material characterization, process control, quality control, and failure analysis, which is a major factor driving market growth.

North America is expected to account for the largest market share during the forecast period.

The microscopy market is divided into four major regions— Europe, North America, Asia Pacific, Latin America and the Middle East & Africa. North America accounted for the largest share of the global market, closely followed by Europe. Factors such as the significant R&D budgets, availability of advanced microscopy systems offered by market leaders, high and growing focus on nanotechnology, and the presence of a large number of major research institutes and universities in the region are driving the growth of the microscopy market in North America.

Asia Pacific is estimated to grow at the highest CAGR during the forecast period. Factors such as the rising R&D funding for microscopy, increasing application of correlative microscopy in life sciences and nanotechnology research, establishment of collaboration centers for microscopy research, and the low material cost and the availability of low-cost skilled labor for OEMs in these countries are the major factors supporting the growth of the Asia Pacific microscopy market.

A breakdown of the primary participants referred to for this report is provided below:

By Company Type: Tier 1–20%, Tier 2–45%, and Tier 3– 35%
By Designation: C-level–30%, Director-level–20%, and Others–50%
By Region: North America–36%, Europe–25%, Asia Pacific–27%, Latin America–9%, and the Middle East & Africa–3%

Key Market Players

The major companies in the microscopy market include

Carl Zeiss (Germany),
Danaher Corporation (US),
Thermo Fisher Scientific (US),
Nikon (Japan),
Bruker Corporation (US),
Olympus (Japan),
Oxford Instruments (UK),
JEOL (Japan),
and Hitachi High-Technologies (Japan), among others.

Research Coverage

This report studies the microscopy market based on type, product, application, end user, and region. It studies significant factors (such as drivers and restraints) affecting market growth. The report also analyzes opportunities and challenges in the market for stakeholders and provides details of the competitive landscape for market leaders. It explains micro markets with respect to their growth trends, prospects, and contributions to the total market. The report forecasts the revenue of the market segments with respect to five major regions and their respective major countries.

Reasons to Buy the Report

The report will enable established firms as well as entrants/smaller firms to gauge the pulse of the market, which, in turn, would help them to garner a larger market share. Firms purchasing the report could use one or a combination of the below-mentioned strategies for strengthening their market presence.

This report provides insights on the following pointers:

Market Penetration: Comprehensive information on the products offered by the top players in the microscopy market
Product Development/Innovation: Detailed insights on the upcoming trends, R&D activities, and product launches in the microscopy market
Market Development: Comprehensive information on lucrative emerging regions
Market Diversification: Exhaustive information about new products, growing geographies, and recent developments in the microscopy market
Competitive Assessment: In-depth assessment of market segments, growth strategies, revenue analysis, and products of the leading market players.

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