Microscope Market Analysis by Application and Competitive Insights to 2024

Microscope Market Analysis by Application and Competitive
Insights to 2024
“The global Microscope Market is projected to reach USD 12.7
billion by 2024, exhibiting a 7.8% CAGR over the forecast period.
The magnification and visualization devices such as microscope
are the important part of scientific research and research and
development activities.”
The global Microscope Market is projected to reach USD 12.7 billion by 2024, exhibiting a 7.8% CAGR over the
forecast period. The magnification and visualization devices such as microscope are the important part of
scientific research and research and development activities. The newer industries such as polymer industry,
nanotechnology, agriculture and atomic science are the key customer of this device. The new technology
advancements such as faster performance and easy sample preparation fuel the market growth for microscope.
The devices are capable of displaying images in high definition and in 3-dimensional views.
The optical technology captures the highest market shares at academic institutes and science research institutes
for cellular or subcellular imaging activities. The adoption of devices at academic institutes such as schools,
colleges, universities and private institutes and the growing research culture in developing countries as well as
at small scale industries raises the product penetration. The another reason for industry growth is government
and private organizations funding for the research and technology development The price plays an important
role in product acceptance, the affordable price of the device increases the product adoption. Thus, the above
factors are the main driver for the business growth.
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Product Insights
The product is categorized into optical, electron, and scanning probe microscopes. The electron microscope
captures the highest shares due to its various applications and functions. Currently, the electron microscope
dominate the marketplace.
With technological advancement, scanning probe microscope are gaining popularity in the market space due to
accurate magnifying capacity at atomic level giving sharp images. Thus, this segment is expecting the fastest
growth over the forecast period.
Application insights
The application segment is classified in material science, nanotechnology, life science and semiconductors. The
life science segment holds 29.22% of revenue share and dominates the industry followed by the
semiconductors.
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With recent development in sciences, nanotechnology is gaining space in the industry. the recent research and
developments in pharmaceuticals, chemicals, biotechnology and other fields are boosting the
nanotechnological applications. Hence, this segment is anticipated to be the fastest growing segment overt he
forecast period.
Regional insights
North America accounts for 34.13% revenue share in 2016. The largest share in North America is accounted due
to its strong economy, technology advancement and high adoption rate in the region. In addition, the
government provides heavy funding and investment in the R&D, thus opening more opportunities for the
market players.
Asia Pacific incorporated the growing economies such as India, Japan and China. Japan is the largest
manufacturer of technology products with the vast number of local manufacturers. The government initiatives
such as project funding for R&D development and funding for the infrastructure development at the schools
and colleges increase the market. Thus, this region is projected to be the fastest growing over the forecast
period.

Competitive Insights
The major player for Microscope industry includes Hitachi High-Technologies Corporation, Asylum Research, FEI
Company, Olympus Corporation, CAMECA Instruments, Nikon Corporation, Bruker Corporation, NT-MDT
Company, Carl Zeiss AG, and JeoL Ltd.
The major players invest in research and development for the better opportunities and industry growth. The
mergers and acquisitions are the key strategies for the market expansion.
Market Segment:
Product Type Outlook (Revenue, USD Million, 2012 - 2024)
• Optical Microscopes
• Inverted Microscopes
• Stereomicroscopes
• Phase Contrast Microscopes
• Fluorescence Microscopes
• Confocal Scanning Microscopes
• Near Field Scanning Microscopes
• Other Optical Microscopes
• Electron Microscopes
• Transmission Microscopes
• Scanning Electron Microscopes
• Scanning Probe Microscopes
Application Outlook (Revenue, USD Million, 2012 - 2024)
• Material Sciences
• Nanotechnology
• Life Sciences
• Semiconductors
• Other Applications
Regional Outlook (Revenue, USD Million, 2014 - 2024)
• North America
• U.S.
• Canada
• Europe
• UK

• Germany
• Asia Pacific
• Japan
• China
• Latin America
• Brazil
• Mexico
• MEA
• South Africa
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