Electron Microscope Market - Forecasts from 2022 to 2027

The global electron microscope market is projected to grow at a CAGR of 7.09% during the forecast period, reaching a market size of US$3.897 billion in 2027 from US$2.412 billion in 2020.

The global electron microscope market is witnessing healthy growth due to the requirement for advanced and magnified image output of objects up to several nanometers. In comparison to the optical microscope, an electron microscope generates a much more magnified and detailed output. An electron microscope makes use of an electron-optical lens which helps in generating an image of an object with up to 10,000,000x magnification on a shorter wavelength. A key application of an electron microscope is to collate information about microorganisms, cells, biopsy samples, and so on. Its application in the healthcare industry has drove the growth of the market. An electron microscope is also used in other appliances like material research, data storage, and Biology & life Science.

Market Drivers

The Electron Microscope market is driven by its ability to showcase higher and finer images, to magnify an object to several nanometers. It has also increased the demand for nanotechnology. Semiconductors also use an electron microscope for inspection of small-sized semiconductors like wafers. In the field of circuit editing and analyzing circuit failure. The electron microscope is used in the polymer industry, agriculture, nanotechnology, and atomic studies. The addition of advanced display modalities like the high definition and 3-Dimensional technology is expected increase the demand for the electron microscope market. Growing applications in life sciences and chemistry will boost the electron microscope market. A microscope can also be used for the characterization of materials, to study their internal structures, and for other related applications.

Lack of Skilled Professionals to restrain growth

Individuals like physicists and laboratory technicians are professionally equipped to easily operate standard compound microscopes. However, with the development of advanced microscopes, like the electron microscope, the requirement of skilled professionals becomes a mandate. For instance, the atomic force scanning tunnelling microscopes, which are widely used in nanotechnology, require physicists or technicians to have deep interdisciplinary knowledge in the field of surface physics and surface analysis in order to study the characterization of biological and chemical compounds at the atomic or molecular level, which is true for electron microscopes as well. The prevalence of incompetency in this field is thus projected to act as a constraint towards the growth of the market

By Geography

Regionally, the electron microscope market is classified into North America, South America, Europe, the Middle East, and Africa, and the Asia Pacific. The report also analyses major countries across these regions with a complete analysis and forecast, along with prevailing market trends and opportunities that each of these countries presents for the manufacturers. The APAC region is expected to grow significantly in the forecasted period, particularly in countries like India, China and Japan, owing to the factors like increasing R&D investments, availability of low-cost materials and low-cost labour for production, increasing application of microscopy in life sciences and setting up of centres for research. Developing countries are projected to see substantial growth due to the rise in the medical tourism industry and developing healthcare infrastructure. Increasing research and development on an electron microscope will further increase its demand in developing countries. For example, in February 2017, the government of India provided with approximately USD 45,000 for the designing and development of multimodal optical microscopes using the technique of Fourier optical image processing. Since its inception in 2011, the Centre of Nanotechnology and Nanomaterials in Saransk, Russia has been active in manufacturing unique nano pincers for microscopes that allow particles on a scale of 30 nanometres to be captured. This is a transformative trend in electron microscopy with many potential applications in electronics and medicine and is expected to propel the growth of the market significantly in the analysed period.

Key developments

• June 2022: The Department of Biochemistry of the University of Wisconsin announced the launch of its new cryo-electron microscopy research centre.
• February 2022: Monash university partnered with WEHI, the University of Wollongong and the University of Melbourne in order to launch a new centre for cryo-electron microscopy for membrane proteins.
• November 2020: ZEISS launches its 3 latest models of field emission scanning electron microscopes, namely, ZEISS GeminiSem 360, 460 and 540.

COVID-19 Insights

The outbreak of the coronavirus pandemic affected many markets due to the subsequent lockdowns that followed. This is because they caused a disruption in the supply chain and demand for the products owing to the shutting down of production facilities. However, the electron microscope market saw a positive impact as well overall due to the increased usage of these microscopes, especially in the healthcare and life sciences sector for the development of COVID-19 vaccinations and studying the virus to get more information about it.

Market Segmentation

• By Product Type

Scanning Electron Microscope

Transmission Electron Microscope

Reflection Electron Microscope

• By Application

Material Sciences

Lifesciences

Nanotechnology

• By Geography

North America

• USA
• Canada
• Mexico

South America

• Brazil
• Argentina
• Others

Europe

• Germany
• France
• United Kingdom
• Spain
• Others

Middle East and Africa

• Saudi Arabia
• Israel
• UAE
• Others

Asia Pacific

• China
• Japan
• South Korea
• India
• Indonesia
• Thailand
• Taiwan
• Australia
• Others