Microscopy Devices Market Size & Share by Top 10 Players | Covered Major Segments, Regions and Key Drivers Outlook 2022-2030
Microscopy Devices Market Outlook 2028
The global microscopy devices market was valued at US$ 8.1 Bn in 2020
It is estimated to expand at a CAGR of 5.6% from 2021 to 2028
The global microscopy devices market is expected to reach the value of US$ 12.4 Bn by the end of 2028
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Analysts’ Viewpoint on Microscopy Devices Market Scenario
Companies in the global microscopy devices market should accelerate their product development and unlock revenue opportunities to obtain competitive benefits. Market stakeholders are extending their services arms to gain competitive edge in the healthcare sector. Increasing incidences of diseases and rising applications of microscopic devices are driving the global market. Market contributors in the global microscopy devices market should focus on the production of cost-efficient microscopy devices. Rising prices of electron microscopes and scanning probe microscopes hamper the growth of the global microscopy devices market.
Impact of COVID-19 on Global Microscopy Devices Market
With significant impact on the global economy and businesses, the coronavirus pandemic has put intense pressure on medical & healthcare systems. The global microscopy devices market is negatively affected due to the coronavirus pandemic. Shortage of raw materials required for microscopy devices and disrupted supply chain have hampered the growth of the global microscopy devices market. However, due to significant efforts taken by healthcare providers and market stakeholders, the global microscopy devices market is expected to show potential growth opportunities in the upcoming years.
The increasing demand for integrated microscopes in research laboratories, hospitals, and diagnostic laboratories is driving the global market. Manufacturers operating in the global microscopy devices are focusing on product innovations due to growing demand at the global level. In addition, microscopic devices are increasingly being used in nanotechnology and semiconductor industries.
Growth and Advancement in Semiconductor Industry to Boost Market Growth
The global microscopy devices market is projected to witness value-grab opportunities in the near future, owing to increasing investments in research laboratories, healthcare advancement, and rising prevalence of diseases across the globe. With rapid advancements in technology, research & development activities are also increasing in developing countries. Moreover, application of microscopes in the semiconductor industry is rising. These devices are widely being used in the semiconductor industry for research & development, quality checking, monitoring, quality control, analysis of process development, etc.
The increasing popularity of nanotechnology, quantum dots, and optoelectronics boosts the demand for microscopic devices.
Increasing Demand Due to Rising Applications in Life Sciences
Manufacturers operating in the global microscopy devices market are increasing their production portfolio to fulfill the demand from healthcare and life sciences sectors. Microscopes are popularly used in the field of cellular biology for stem cells and cancer cells research. Growth and advancement in the field of biomedical engineering boost the demand for microscopy devices. Due to various benefits and unique properties of these microscopic devices, many diagnostic laboratories, ambulatory surgery centers, and physicians make use of them for research and analysis. Fluorescence microscopes, electron microscopes, microscopy accessories, and optical microscopes are extremely beneficial for the biomedical and biological research applications. This growth is expected to continue in the foreseeable future, which, in turn, drives the global microscopy devices market.
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Expanding Contact Research Organizations (CROs) Drives Market Growth
Manufacturers operating in the global microscopy devices market are bolstering their research & development capabilities to experiment with new technologies and applications. Microscopy devices companies are establishing their foot in outsourcing R&D activities from various contact research organizations to stay ahead of the competition and generate more revenue opportunities.
Increasing government expenditure on healthcare and research & development activities strengthens the scope and expansion of contact research organizations. Many CROs provide clinical-study and clinical-trial support for different medical devices such as microscopy devices.
In addition, emerging contract research organizations in developing nations are attracting new players in the global microscopy devices market. Several pharmaceutical and biotechnology companies are outsourcing their R&D in order to focus on core business segments, and reduce manpower and other expenditure. This has encouraged CROs to expand their field of expertise and solutions, enter diverse research segments, and provide a range of R&D solutions to the companies.
Opportunities for Prominent Market Players in North America
The increasing presence of highly developed research institutes and laboratories in North America is a major factor driving the microscopy devices market in the region. Investments on R&D, availability of advanced microscopy devices by top market leaders, and rising focus on nanotechnology are some of the factors positively contributing to the market growth in North America.
Growing adoption of technologically advanced microscopy devices such as electron microscopy, scanning probe microscopy, etc., and advancements in life sciences and pharmaceutical industries further boost market growth. However, high cost of advanced microscopy devices and high customs duty & excise tax are factors affecting the growth of the market in North America. Top players in the microscopy devices market are focusing on various strategies to strengthen their market presence.
Microscopy Devices Market: Overview
According to Transparency Market Research’s latest report on the global microscopy devices market for the historical period 2017–2028 and forecast period 2021–2028, increase in incidence of diseases across the globe and technological advancements in the field of microscopy are projected to drive the global microscopy devices market during the forecast period
Rapidly Growing Contract Research Organization Market and High Application of Microscopes in Life Sciences: Key Drivers
Significant and rapid growth of the contract research organization market is attracting new players
Several pharmaceutical and biotechnology companies are outsourcing their R&D in order to focus on core business segments and to reduce manpower and other expenditure
This has encouraged CROs to expand their field of expertise and solutions, enter diverse research segments, and provide a range of R&D solutions to the companies
Hence, increase in focus of CROs in R&D in life sciences drives the global microscopy devices market
Rise in Applications of Microscope in Semiconductor Industry to Boost Market Growth
Major applications of microscope are nanotechnology, semiconductor technology, and life sciences. In the semiconductor business, microscopy is widely utilized for R&D, quality control, monitoring, process development analysis. Moreover, increase in demand for small transistor chips, nano electronics, quantum dots, and optoelectronics has driven for microscopes in the semiconductor industry.
Microscopes have significant applications in the cellular biology segment, including high growth fields such as stem cells research and cancer cells research, along with other fields such as biomedical engineering
Fluorescence microscopes and new & advanced electron microscopes, such as the scanning electron microscopes, have been instrumental in biomedical and biological research applications owing to their distinct advantages
These ever-increasing application areas of microscopes in the life sciences field are expected to drive the global microscopy devices market during the forecast period
High Cost of Microscopy Devices to Hamper Market
High-end performance microscopes such as electron microscopes or scanning probe microscopes, have premium prices due to their advantages and distinct additional features
However, premium pricing of microscopes has limited their penetration and adoption in the global market, especially in the emerging economies where there is more emphasis on life sciences research
Price of an atomic force microscope ranges from US$ 25,000 to US$ 70,000 (some requiring additional instruments such as scanners), while a more advanced and integrated scanning probe microscope costs between US$ 100,000 to US$ 300,000
Microscopy Devices Market: Competition Landscape
This report profiles major players in the global microscopy devices market based on various attributes such as company overview, financial overview, product portfolio, business strategies, and recent developments
Key market players such as Olympus Corporation, Hitachi High-Technologies Corporation, Carl Zeiss Microscopy GmbH, and Nikon Corporation have strong presence in the global microscopy devices market
Leading players operating in the global microscopy devices market are
- Olympus Corporation
- Hitachi High-Technologies Corporation
- Carl Zeiss Microscopy GmbH
- Nikon Corporation
- Shimadzu Corporation
- Leica Microsystems
- Bruker Corporation
- FEI Company
- JOEL Ltd.
- Cameca SAS
- NT-MDT SI
- Keysight Technologies, among others
Microscopy Devices market: Key Developments
Key players in the global microscopy devices market are engaged in technologically advanced products, launch of new products, and acquisition & collaborative agreements with other companies. These strategies are likely to fuel the growth of the global microscopy devices market. A few expansion strategies adopted by players operating in the global microscopy devices market are:
In February 2021, Thermo Fisher Scientific released the Thermo Scientific Helios 5 PXL PFIB Wafer DualBeam. For inline through-stack metrology and verification of high-aspect ratio structures, the technology, a plasma focused ion beam scanning electron microscope, decreases time-to-data from days to hours.
In January 2019, Bruker launched JPK NanoWizard ULTRA Speed 2 advanced AFM system. The JPK NanoWizard ULTRA Speed 2 advanced AFM system combines the fastest speed and resolution AFM with sophisticated bio-imaging capabilities. The system is the first new product to emerge out of Bruker’s JPK BioAFM Company, which was founded in July 2018 with the purchase of JPK Instruments AG. It was developed in close collaboration with their expanding global user base. The JPK NanoWizard ULTRA Speed 2 sets the standard in technical performance for advanced microscopy applications with a scanning speed of 10 frames per second, genuine atomic resolution, and improved life-science capabilities.
On April 3, 2019, Hitachi High-Technologies Corporation announced that it will begin selling the SU3800 and SU3900 scanning electron microscopes (SEMs), which have the ability to accommodate large, heavy specimens and advanced functionalities such as automated measurement and wide-angle camera navigation
The report on the global microscopy devices market discussed individual strategies, followed by company profiles of manufacturers of microscopy devices. The competition landscape section has been included in the report to provide readers with a dashboard view and a company market share analysis of key players operating in the global microscopy devices market.
Key Questions Answered in Microscopy Devices Market Report
- What is the scope of growth of product type companies in the global microscopy devices market?
- What will be the Y-o-Y growth of the global microscopy devices market between 2017 and 2028?
- What is the influence of changing trends in technologies on the global microscopy devices market?
- Will North America continue to be the most profitable market for microscopy devices providers?
- Which factors are anticipated to hamper the growth of the global microscopy devices market during the forecast period?
- Which are the leading companies in the global microscopy devices market?
Microscopy Devices Market – Segmentation
Product Type
- Optical Microscopy
- Scanning Probe Microscopy
- Electron Microscopy
- Microscopy Accessories
Application
- Cell and Molecular Biology
- Pharmacology and Toxicology
- Clinical Pathology & Diagnostics
- Surgery
- Biomedical Engineering
- Neuroscience
End-user
- Hospitals
- Diagnostic Laboratories
- Ambulatory Surgery Centers
- Physician Offices
- Academic & Research Institutes
Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
TABLE OF CONTENT
1. Preface
1.1. Market Definition and Scope
1.2. Market Segmentation
1.3. Key Research Objectives
1.4. Research Highlights
2. Assumptions and Research Methodology
3. Executive Summary: Global Microscopy Devices Market
4. Market Overview
4.1. Introduction
4.1.1. Product Type Definition
4.1.2. Industry Evolution / Developments
4.2. Overview
4.3. Market Dynamics
4.3.1. Drivers
4.3.2. Restraints
4.3.3. Opportunities
4.4. Global Microscopy Devices Market Analysis and Forecast, 2017–2028
4.4.1. Market Revenue Projections (US$ Mn)
5. Key Insights
5.1. Key Industry Events (mergers, acquisitions, partnerships, etc.)
5.2. Technological Advancements
5.3. COVID-19 Impact Analysis
6. Global Microscopy Devices Market Analysis and Forecast, by Product Type
6.1. Introduction & Definition
6.1.1. Key Findings / Developments
6.2. Global Microscopy Devices Market Value Forecast, by Product Type, 2017–2028
6.2.1.1. Optical Microscopy
6.2.1.2. Scanning Probe Microscopy
6.2.1.3. Electron Microscopy
6.2.1.4. Microscopy Accessories
6.3. Global Microscopy Devices Market Attractiveness Analysis, by Product Type
7. Global Microscopy Devices Market Analysis and Forecast, by Application
7.1. Introduction & Definition
7.1.1. Key Findings / Developments
7.2. Global Microscopy Devices Market Value Forecast, by Application, 2017–2028
7.2.1.1. Cell and Molecular Biology
7.2.1.2. Clinical Pathology and Diagnostics
7.2.1.3. Biomedical Engineering
7.2.1.4. Pharmacology and Toxicology
7.2.1.5. Neuroscience
7.2.1.6. Surgery
7.2.1.7. Others
7.3. Global Microscopy Devices Market Attractiveness Analysis, by Application
8. Global Microscopy Devices Market Analysis and Forecast, by End-user
8.1. Introduction & Definition
8.1.1. Key Findings / Developments
8.2. Global Microscopy Devices Market Value Forecast, by End-user, 2017–2028
8.2.1.1. Hospitals
8.2.1.2. Diagnostic Laboratories
8.2.1.3. Ambulatory Surgery Centers
8.2.1.4. Physician Offices
8.2.1.5. Academic & Research Institutes
8.3. Global Microscopy Devices Market Attractiveness Analysis, by Application
9. Global Microscopy Devices Market Analysis and Forecast, by Region
9.1. Key Findings
9.2. Global Microscopy Devices Market Value Forecast, by Region
9.2.1. North America
9.2.2. Europe
9.2.3. Asia Pacific
9.2.4. Latin America
9.2.5. Middle East & Africa
9.3. North America Microscopy Devices Market Attractiveness Analysis, by Region
10. North America Microscopy Devices Market Analysis and Forecast
10.1. Introduction
10.1.1. Key Findings
10.2. North America Microscopy Devices Market Value (US$ Mn) Forecast, by Product Type, 2017–2028
10.2.1.1. Optical Microscopy
10.2.1.2. Scanning Probe Microscopy
10.2.1.3. Electron Microscopy
10.2.1.4. Microscopy Accessories
10.3. North America Microscopy Devices Market Value (US$ Mn) Forecast, by Application, 2017–2028
10.3.1.1. Cell and Molecular Biology
10.3.1.2. Clinical Pathology and Diagnostics
10.3.1.3. Biomedical Engineering
10.3.1.4. Pharmacology and Toxicology
10.3.1.5. Neuroscience
10.3.1.6. Surgery
10.3.1.7. Others
10.4. North America Microscopy Devices Market Value (US$ Mn) Forecast, by End-user, 2017–2028
10.4.1.1. Cell and Molecular Biology
10.4.1.2. Hospitals
10.4.1.3. Diagnostic Laboratories
10.4.1.4. Ambulatory Surgery Centers
10.4.1.5. Physician Offices
10.4.1.6. Academic & Research Institutes
10.5. North America Microscopy Devices Market Value (US$ Mn) Forecast, by Country, 2017–2028
10.5.1. U.S.
10.5.2. Canada
10.6. North America Microscopy Devices Market Attractiveness Analysis
10.6.1. By Product Type
10.6.2. By Application
10.6.3. By End-user
10.6.4. By Country
11. Europe Microscopy Devices Market Analysis and Forecast
11.1. Introduction
11.1.1. Key Findings
11.2. Europe Microscopy Devices Market Value (US$ Mn) Forecast, by Product Type, 2017–2028
11.2.1.1. Optical Microscopy
11.2.1.2. Scanning Probe Microscopy
11.2.1.3. Electron Microscopy
11.2.1.4. Microscopy Accessories
11.3. Europe Microscopy Devices Market Value (US$ Mn) Forecast, by Application, 2017–2028
11.3.1.1. Cell and Molecular Biology
11.3.1.2. Clinical Pathology and Diagnostics
11.3.1.3. Biomedical Engineering
11.3.1.4. Pharmacology and Toxicology
11.3.1.5. Neuroscience
11.3.1.6. Surgery
11.3.1.7. Others
11.4. Europe Microscopy Devices Market Value (US$ Mn) Forecast, by End-user, 2017–2028
11.4.1.1. Cell and Molecular Biology
11.4.1.2. Hospitals
11.4.1.3. Diagnostic Laboratories
11.4.1.4. Ambulatory Surgery Centers
11.4.1.5. Physician Offices
11.4.1.6. Academic & Research Institutes
11.5. Europe Microscopy Devices Market Value (US$ Mn) Forecast, by Country/Sub-region, 2017–2028
11.5.1. Germany
11.5.2. U.K.
11.5.3. France
11.5.4. Spain
11.5.5. Italy
11.5.6. Rest of Europe
11.6. Europe Microscopy Devices Market Attractiveness Analysis
11.6.1. By Product Type
11.6.2. By Application
11.6.3. By End-user
11.6.4. By Country/Sub-region
12. Asia Pacific Microscopy Devices Market Analysis and Forecast
12.1. Introduction
12.1.1. Key Findings
12.2. Asia Pacific Microscopy Devices Market Value (US$ Mn) Forecast, by Product Type, 2017–2028
12.2.1.1. Optical Microscopy
12.2.1.2. Scanning Probe Microscopy
12.2.1.3. Electron Microscopy
12.2.1.4. Microscopy Accessories
12.3. Asia Pacific Microscopy Devices Market Value (US$ Mn) Forecast, by Application, 2017–2028
12.3.1.1. Cell and Molecular Biology
12.3.1.2. Clinical Pathology and Diagnostics
12.3.1.3. Biomedical Engineering
12.3.1.4. Pharmacology and Toxicology
12.3.1.5. Neuroscience
12.3.1.6. Surgery
12.3.1.7. Others
12.4. Asia pacific Microscopy Devices Market Value (US$ Mn) Forecast, by End-user, 2017–2028
12.4.1.1. Cell and Molecular Biology
12.4.1.2. Hospitals
12.4.1.3. Diagnostic Laboratories
12.4.1.4. Ambulatory Surgery Centers
12.4.1.5. Physician Offices
12.4.1.6. Academic & Research Institutes
12.5. Asia Pacific Microscopy Devices Market Value (US$ Mn) Forecast, by Country/Sub-region, 2017–2028
12.5.1. China
12.5.2. Japan
12.5.3. India
12.5.4. Australia & New Zealand
12.5.5. Rest of Asia Pacific
12.6. Asia Pacific Microscopy Devices Market Attractiveness Analysis
12.6.1. By Product Type
12.6.2. By Application
12.6.3. By End-user
12.6.4. By Country/Sub-region
13. Latin America Microscopy Devices Market Analysis and Forecast
13.1. Introduction
13.1.1. Key Findings
13.2. Latin America Microscopy Devices Market Value (US$ Mn) Forecast, by Product Type, 2017–2028
13.2.1.1. Optical Microscopy
13.2.1.2. Scanning Probe Microscopy
13.2.1.3. Electron Microscopy
13.2.1.4. Microscopy Accessories
13.3. Latin America Microscopy Devices Market Value (US$ Mn) Forecast, by Application, 2017–2028
13.3.1.1. Cell and Molecular Biology
13.3.1.2. Clinical Pathology and Diagnostics
13.3.1.3. Biomedical Engineering
13.3.1.4. Pharmacology and Toxicology
13.3.1.5. Neuroscience
13.3.1.6. Surgery
13.3.1.7. Others
13.4. Latin America Microscopy Devices Market Value (US$ Mn) Forecast, by End-user, 2017–2028
13.4.1.1. Cell and Molecular Biology
13.4.1.2. Hospitals
13.4.1.3. Diagnostic Laboratories
13.4.1.4. Ambulatory Surgery Centers
13.4.1.5. Physician Offices
13.4.1.6. Academic & Research Institutes
13.5. Latin America Microscopy Devices Market Value (US$ Mn) Forecast, by Country/Sub-region, 2017–2028
13.5.1. Brazil
13.5.2. Mexico
13.5.3. Rest of Latin America Latin America
13.6. Latin America Microscopy Devices Market Attractiveness Analysis
13.6.1. By Product Type
13.6.2. By Application
13.6.3. By End-user
13.6.4. By Country/Sub-region
14. Middle East & Africa Microscopy Devices Market Analysis and Forecast
14.1. Introduction
14.1.1. Key Findings
14.2. Middle East & Africa Microscopy Devices Market Value (US$ Mn) Forecast, by Product Type, 2017–2028
14.2.1.1. Optical Microscopy
14.2.1.2. Scanning Probe Microscopy
14.2.1.3. Electron Microscopy
14.2.1.4. Microscopy Accessories
14.3. Middle East & Africa Microscopy Devices Market Value (US$ Mn) Forecast, by Application, 2017–2028
14.3.1.1. Cell and Molecular Biology
14.3.1.2. Clinical Pathology and Diagnostics
14.3.1.3. Biomedical Engineering
14.3.1.4. Pharmacology and Toxicology
14.3.1.5. Neuroscience
14.3.1.6. Surgery
14.3.1.7. Others
14.4. Middle East & Africa Microscopy Devices Market Value (US$ Mn) Forecast, by End-user, 2017–2028
14.4.1.1. Cell and Molecular Biology
14.4.1.2. Hospitals
14.4.1.3. Diagnostic Laboratories
14.4.1.4. Ambulatory Surgery Centers
14.4.1.5. Physician Offices
14.4.1.6. Academic & Research Institutes
14.5. Middle East & Africa Microscopy Devices Market Value (US$ Mn) Forecast, by Country/Sub-region, 2017–2028
14.5.1. GCC Countries
14.5.2. South Africa
14.5.3. Rest of Middle East & Africa
14.6. Middle East & Africa Microscopy Devices Market Attractiveness Analysis
14.6.1. By Product Type
14.6.2. By Application
14.6.3. By End-user
14.6.4. By Country/Sub-region
15. Competition Landscape
15.1. Market Player – Competition Matrix (by tier and size of companies)
15.2. Market Share / Position Analysis, by Company, 2020
15.3. Competitive Business Strategies
15.4. Company Profiles
15.4.1. Olympus Corporation
15.4.1.1. Company Overview (HQ, Business Segments, Employee Strength)
15.4.1.2. Financial Analysis
15.4.1.3. Growth Strategies
15.4.1.4. SWOT Analysis
15.4.2. Carl Zeiss Microscopy GmbH
15.4.2.1. Company Overview (HQ, Business Segments, Employee Strength)
15.4.2.2. Financial Analysis
15.4.2.3. Growth Strategies
15.4.2.4. SWOT Analysis
15.4.3. Bruker Corporation
15.4.3.1. Company Overview (HQ, Business Segments, Employee Strength)
15.4.3.2. Financial Analysis
15.4.3.3. Growth Strategies
15.4.3.4. SWOT Analysis
15.4.4. Nikon Corporation
15.4.4.1. Company Overview (HQ, Business Segments, Employee Strength)
15.4.4.2. Financial Analysis
15.4.4.3. Growth Strategies
15.4.4.4. SWOT Analysis
15.4.5. Leica Microsystems
15.4.5.1. Company Overview (HQ, Business Segments, Employee Strength)
15.4.5.2. Financial Analysis
15.4.5.3. Growth Strategies
15.4.5.4. SWOT Analysis
15.4.6. FEI Company
15.4.6.1. Company Overview (HQ, Business Segments, Employee Strength)
15.4.6.2. Financial Analysis
15.4.6.3. Growth Strategies
15.4.6.4. SWOT Analysis
15.4.7. Hitachi High-Technologies Corporation
15.4.7.1. Company Overview (HQ, Business Segments, Employee Strength)
15.4.7.2. Financial Analysis
15.4.7.3. Growth Strategies
15.4.7.4. SWOT Analysis
15.4.8. JOEL Ltd.
15.4.8.1. Company Overview (HQ, Business Segments, Employee Strength)
15.4.8.2. Financial Analysis
15.4.8.3. Growth Strategies
15.4.8.4. SWOT Analysis
15.4.9. Cameca SAS
15.4.9.1. Company Overview (HQ, Business Segments, Employee Strength)
15.4.9.2. Financial Analysis
15.4.9.3. Growth Strategies
15.4.9.4. SWOT Analysis
15.4.10. NT-MDT SI
15.4.10.1. Company Overview (HQ, Business Segments, Employee Strength)
15.4.10.2. Financial Analysis
15.4.10.3. Growth Strategies
15.4.10.4. SWOT Analysis
15.4.11. Shimadzu Corporation.
15.4.11.1. Company Overview (HQ, Business Segments, Employee Strength)
15.4.11.2. Financial Analysis
15.4.11.3. Growth Strategies
15.4.11.4. SWOT Analysis
15.4.12. Keysight Technologies.
15.4.12.1. Company Overview (HQ, Business Segments, Employee Strength)
15.4.12.2. Financial Analysis
15.4.12.3. Growth Strategies
15.4.12.4. SWOT Analysis
15.4.13. Nanosurf AG.
15.4.13.1. Company Overview (HQ, Business Segments, Employee Strength)
15.4.13.2. Financial Analysis
15.4.13.3. Growth Strategies
15.4.13.4. SWOT Analysis
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