Enjoy complimentary customisation on priority with our Enterprise License!
Technavio’s market research analyst predicts the global beginner microscope market to grow steadily at a CAGR of around 4% during the forecast period. Much of this growth can be attributed to the increasing global demand for educational and scientific equipment from various end-user segments. Factors such as the introduction of new learning aids and the growing emphasis on practical learning techniques are expected to foster the demand for beginner microscopes during the predicted period.
A major factor that will hinder the prospects for growth in this market is the low revenue generated from the replacement market, which is primarily due to the low frequency of repurchase. The gradual shift towards other forms of entertainment will also hamper market growth during the forecast period. However, factors like improvements in manufacturing and assembly methods will result in market growth as it helps to reduce the final cost of a beginner microscope.
In this market study, analysts have estimated the toy microscopes segment to account for around 66% of the total market share during the forecast period. Since most consumers in the age category of 6-12 years are too young to use a beginner-level scientific microscope, the sale of toy microscopes is envisaged to witness a rapid increase until the end of 2020.
Technavio’s market research analysts have estimated the educational institutions segment to be the largest market segment during the forecast period. This segment currently accounts for approximately 60% of the total revenue generated and is envisaged to increase its overall market share to nearly 63% by the end of 2020. The growing preference for practical learning techniques will aid in the growth of this market segment during the estimated period.
The global beginner microscope market is fragmented due to the presence of large vendors like Amscope and Celestron. Though these vendors control the market with their strong global presence and a broad range of products, the high cost of these products has led to the emergence of several domestic players. These domestic players have the capability to provide inexpensive products consumers, but their products lack reliability, durability, and energy efficiency.
The leading vendors in the market are -
Other prominent vendors in the market include Ample Scientific, Aven, BestScope, Frey Scientific, Ken-A-Vision, LGS Microscopes, Parco Scientific, Phil Seltzer, and Radical.
Technavio also offers customization on reports based on specific client requirement.
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by product
PART 07: Market segmentation by end-user
PART 08: Geographical segmentation
PART 09: Market drivers
PART 10: Impact of drivers
PART 11: Market challenges
PART 12: Impact of drivers and challenges
PART 13: Market trends
PART 14: Vendor landscape
PART 15: Key vendor analysis
PART 16: Appendix
PART 17: Explore Technavio
Get lifetime access to our
Technavio Insights
Cookie Policy
The Site uses cookies to record users' preferences in relation to the functionality of accessibility. We, our Affiliates, and our Vendors may store and access cookies on a device, and process personal data including unique identifiers sent by a device, to personalise content, tailor, and report on advertising and to analyse our traffic. By clicking “I’m fine with this”, you are allowing the use of these cookies. Please refer to the help guide of your browser for further information on cookies, including how to disable them. Review our Privacy & Cookie Notice.