Microscopy Global Market Report 2023

“Microscopy Global Market Report 2023 ” from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on microscopy market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase

• Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
• Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
• Assess the Russia - Ukraine war's impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
• Measure the impact of high global inflation on market growth.
• Create regional and country strategies on the basis of local data and analysis.
• Identify growth segments for investment.
• Outperform competitors using forecast data and the drivers and trends shaping the market.
• Understand customers based on the latest market shares.
• Benchmark performance against key competitors.
• Suitable for supporting your internal and external presentations with reliable high quality data and analysis
• Report will be updated with the latest data and delivered to you within 3-5 working days of order along with an Excel data sheet for easy data extraction and analysis.
• All data from the report will also be delivered in an excel dashboard format.

Where is the largest and fastest growing market for microscopy? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? “The microscopy market global report ” from The Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

• The market characteristics section of the report defines and explains the market.
• The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
• The forecasts are made after considering the major factors currently impacting the market. These include:

The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.

The impact of higher inflation in many countries and the resulting spike in interest rates.

The continued but declining impact of COVID-19 on supply chains and consumption patterns.

• Market segmentations break down the market into sub markets.
• The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
• The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
• The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

Scope

Markets Covered:

• 1) By Type: Microscopes; Accessories; Software

• 2) By Application: Semiconductor; Life Sciences; Materials Science; Nanotechnology; Other Applications

• 3) By End User: Industrial; Electronics And Semiconductor Industry; Automotive Industry; Food And Beverages Industry; Diagnostic And Pathology Labs; Pharma-Biopharma Companies And CRO's; Academic And Research Institutes; Other End-Users

• Companies Mentioned: Nikon Instruments Inc; Bruker Corporation; Olympus Corporation; Carl Zeiss AG; Thermo Fisher Scientific Inc

• Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA

• Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

• Time series: Five years historic and ten years forecast.

• Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,

• Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.

• Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.

• Delivery format: PDF, Word and Excel Data Dashboard.

Executive Summary

Major players in the microscopy market are Nikon Instruments Inc., Bruker Corporation, Olympus Corporation, Carl Zeiss AG, Thermo Fisher Scientific Inc., Danaher Corporation, JEOL Ltd., Hitachi Ltd., Oxford Instruments plc, AMETEK Inc., NT-MDT Spectrum Instruments, Meiji Techno Co Ltd., Accu-Scope Inc., Takagi Seiko Corporation, Sonix Inc., Konan Medical Inc., Woodley Equipment Company Ltd., Radical Scientific Equipments Private Limited, Mauna Kea Technologies, Topcon Healthcare, ATMOS Medizintechnik GmbH, Agilent Technologies Inc., General Electric Company, and Labomed Inc.

The global microscopy market is expected to grow from $8.55 billion in 2022 to $9.19 billion in 2023 at a compound annual growth rate (CAGR) of 7.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The microscopy market is expected to grow to $12.09 billion in 2027 at a CAGR of 7.1%.

The microscopy market includes revenues earned by entities by providing services such as optical microscopy, fluorescence microscopy, phase contrast microscopy, scanning electron microscopy, transmission electron microscopy, and scanning probe microscopy. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

Microscopy refers to the technical practice of viewing samples and objects through microscopes that need magnification or resolution beyond the human eye.

North America was the largest region in the microscopy market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the microscopy market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The main types are microscopes, accessories, and software. Microscopes refer to an optical device with a magnifying lens or a collection of lenses for inspecting items that the unaided eye cannot see clearly or in sufficient detail. It is used for various applications such as semiconductors, life sciences, materials science, nanotechnology, and others by different end users such as the industrial, electronics and semiconductor industry, automotive industry, food, and beverages industry, diagnostic and pathology labs, pharma-biopharma companies and CRO's, academic and research institutes, and others.

The rising demand for pharmaceutical and cell biology research is expected to propel the microscopy market. Pharmaceutical and cell biology research refers to the discovery and development of potential drug candidates and compounds manufactured to be used as medicinal drugs for treating diseases. This industry discovers, develops, and manufactures medicines that are used to cure, alleviate symptoms, and vaccinate against various diseases. Microscopy techniques are widely used in various research projects, including biosimilars stem cell research projects, pharmacology, and other biomedical research to visualize and study the structure and function of cells. For instance, in February 2022, according to IQVIA, a US-based multinational company serving the combined industries of health information technology and clinical research, with more than 2,000 agreements and $47 billion in deal value expected to close in 2021, venture capital deal activity and investment flows in the United States have increased over the last two years as interest in life sciences has grown. Additionally, the 15 biggest pharmaceutical firms spent a record $133 billion on R&D in 2021. Therefore, rising demand for pharmaceutical and cell biology research is expected to drive the growth of the microscopy market.

Technological advancement is a key trend in the microscopy market. Major companies are focusing on developing cutting-edge technology to maintain their place in the microscopy industry. For instance, in September 2020, CytoSMART Technologies, Inc., a Netherlands-based technology company specializing in developing smart devices and instruments for life science research and imaging, launched Multi Lux Technology. Multi Lux Technology is a cutting-edge live-cell imaging system with four miniature digital microscopes and automated image analysis software that is particularly helpful for life science research studies. This technology helps conduct studies and side-by-side comparisons between cell cultures, run long-term experiments, and monitor cells from the comfort of their homes.

In November 2022, Bruker Corporation, a US-based company specializing in the manufacturing of scientific equipment for industrial and applied analysis as well as molecular and materials research acquired Inscopix, Inc for an undisclosed amount. Through this acquisition, Bruker Corporation aims to strengthen its position as a market leader in vivo brain functional imaging using ultima multiphoton microscopes at the cellular level and preclinical MRI systems at the organismal level and to gain a competitive advantage in neurotherapeutics. Inscopix, Inc is a US-based medical device and microscopy technology development company.

The countries covered in the microscopy market report are: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The microscopy market research report is one of a series of new reports from The Business Research Company that provides microscopy market statistics, including the microscopy industry global market size, regional shares, competitors with a microscopy market share, detailed microscopy market segments, market trends and opportunities, and any further data you may need to thrive in the microscopy industry. This microscopy market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.