PUBLISHER: Grand View Research | PRODUCT CODE: 1301224
PUBLISHER: Grand View Research | PRODUCT CODE: 1301224
The global microscope software market size is expected to reach USD 1.49 billion by 2030, registering a CAGR of 8.03% from 2023 to 2030, according to a new report by Grand View Research, Inc. The growth of the market is attributed to the factors such as increasing demand for R&D in the life sciences and material science industry, rising adoption of digital pathology, and growing awareness about the benefits of a microscope. Technological advancements have also played an important role in driving market growth, as they have led to the development of advanced software solutions that are capable of providing detailed imaging and analysis of biological and other specimens.
Furthermore, advancements in microscopy have been done at a rapid pace and it has become an important tool in cell biology labs using 3D and fluorescent microscopy. Some of the advancements include the ability to capture high-resolution images and videos of microscopic samples, as well as proper image processing and analysis capabilities. Furthermore, the ability to automate and streamline many aspects of microscopy, allows researchers to perform experiments more efficiently and accurately. For instance, automated software can help to quickly identify specific structures or cells within an image, reducing the time and effort required for manual analysis
The COVID-19 pandemic had a positive impact on the market. There was a significant increase in demand for microscopes for research purposes related to the virus and other diseases. Researchers and scientists needed to quickly analyze and interpret large amounts of data from samples, which required advanced microscope software solutions. Owing to this, several companies operating in this market experienced an increase in demand for their products and services.
Several developments by the key players operating in this market have contributed to the significant growth. For instance, in March 2023, WITec GmbH announced the launch of "Suite SIX" software, it offers regulatory compliance support, advanced sample navigation and multiple user profiles. Similarly, in March 2021, EUROIMMUN, a PerkinElmer, Inc. company, announced the launch of an automated microscope and intelligent software for its cutting-edge diagnostics portfolio. The joint system allows for pattern recognition, titer estimation and automated immunofluorescence image acquisition along with modern diagnostics at the screen.
Microscope Software Market Highlights