Microscopy Devices Market by Product, Application, and Geography - Forecast and Analysis 2020-2024

  • Published: Jan 2021
  • Pages: 120
  • SKU: IRTNTR46400
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The microscopy devices market size has the potential to grow by USD 2.12 billion during 2020-2024, and the market’s growth momentum will accelerate at a CAGR of 6.56%. 

This report provides a detailed analysis of the market by product (optical microscope, electron microscope, and scanning probe microscope), application (semiconductor, life science, material science, nanotechnology, and others), geography (North America, Europe, APAC, South America, and MEA), and key vendors. 

Market Overview

Browse TOC and LoE with selected illustrations and example pages of Microscopy Devices Market 

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Market Competitive Analysis

The report analyzes the market’s competitive landscape and offers information on several market vendors, including: 

 

  • Bruker Corp.
  • Carl Zeiss AG
  • Euromex Microscopen BV
  • Hitachi High-Technologies Corp.
  • JEOL Ltd.
  • Leica Microsystems
  • Nikon Corp.
  • NT-MDT Spectrum Instruments Group
  • Olympus Corp.
  • Thermo Fisher Scientific Inc.

 

The microscopy devices market is fragmented and the vendors are deploying growth strategies such as product promotion and marketing to compete in the market. Click here to uncover other successful business strategies deployed by the vendors. 

The market players also significantly leverage external market drivers such as increased funding for R&D activities to achieve growth opportunities. However, factors such as the high cost of sample preparation equipment will challenge the growth of the market participants. To make the most of the opportunities and recover from post COVID19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Download a free sample of the microscopy devices market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies, 

This microscopy devices market analysis report also provides detailed information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of their future growth opportunities. 

Microscopy Devices Market: Key Drivers and Trends

  • The rising need for better analysis from researchers and increasing technological advances are supporting the growing number of research projects and research studies that use microscopy devices.
  • The use of microscopy devices aids in extracting information and gaining insights about diseases and materials in fields such as healthcare, automotive, and semiconductors. 
  • Regions are investing steadily in R&D to save time and efforts in the drug approval process and due to the increasing need for new drugs.
  • Globally, the demand for high-performance vehicles is steadily increasing, influenced by the rising disposable income that makes high-performance vehicles affordable. 
  • Vendors are focusing on offering high-performance variants after using testing methods that examine materials. 
  • Microscopy devices such as scanning electron microscope (SEM) have been used for multiple tests such as engine calibrations, tire material examinations, safety calculations, etc.
  • The growing product penetration in the automotive industry is identified as one of the key trends microscopy devices market trends.

 

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Microscopy Devices Market: Segmentation by Geography

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31% of the market’s growth will originate from North America during the forecast period. The US is one of the key markets for microscopy devices in North America. Market growth in this region will be slower than the growth of the market in other regions.

The increasing investment in multi-photon microscopy along with the rising applications of microscopes in other sectors such as life sciences is one of the prime factors that will facilitate the microscopy devices market growth in North America over the forecast period. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report. 

Microscopy Devices Market: Segmentation by Product

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With a global increase in the number of educational and research institutions, the demand for optical microscopes will increase, and this will support the growth of the market for this segment throughout the forecast period. However, the optical microscope market segment will record a slow growth rate during the forecast period.

This report provides an accurate prediction of the contribution of all the segments to the growth of the microscopy devices market size. Fetch actionable market insights on post COVID19 impact on each segment.   

 

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Microscopy Devices Market: Key Highlights of the Report for 2020-2024

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will drive microscopy devices market growth during the next five years
  • Precise estimation of the microscopy devices market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the microscopy devices industry across North America, Europe, APAC, South America, and MEA
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of microscopy devices market vendors

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Microscopy Devices Market Scope

Report Coverage

Details

Page number

120

Base year

2019

Forecast period

2020-2024

Growth momentum & CAGR

Accelerate at a CAGR of 7%

Market growth 2020-2024

USD 2.12 billion

Market structure

Fragmented

YoY growth (%)

5.51

Regional analysis

North America, Europe, APAC, South America, and MEA

Performing market contribution

North America at 31%

Key consumer countries

US, UK, China, Germany, and Japan

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Bruker Corp., Carl Zeiss AG, Euromex Microscopen BV, Hitachi High-Technologies Corp., JEOL Ltd., Leica Microsystems, Nikon Corp., NT-MDT Spectrum Instruments Group, Olympus Corp., and Thermo Fisher Scientific Inc.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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Executive Summary

    Market Landscape

    • Market ecosystem
    • Market characteristics
    • Value chain analysis

    Market Sizing

    • Market definition
    • Market segment analysis
    • Market size 2019
    • Market outlook: Forecast for 2019 - 2024

    Five Forces Analysis

    • Five forces summary
    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition

    Market Segmentation by Product

    • Market segments
    • Comparison by Product
    • Optical microscope - Market size and forecast 2019-2024
    • Electron microscope - Market size and forecast 2019-2024
    • Scanning probe microscope - Market size and forecast 2019-2024
    • Market opportunity by Product

    Market Segmentation by Application

    • Market segments
    • Comparison by Application
    • Semiconductor - Market size and forecast 2019-2024
    • Life science - Market size and forecast 2019-2024
    • Material science - Market size and forecast 2019-2024
    • Nanotechnology - Market size and forecast 2019-2024
    • Others - Market size and forecast 2019-2024
    • Market opportunity by Application

    Customer landscape

      Geographic Landscape

      • Geographic segmentation
      • Geographic comparison
      • North America - Market size and forecast 2019-2024
      • Europe - Market size and forecast 2019-2024
      • APAC - Market size and forecast 2019-2024
      • South America - Market size and forecast 2019-2024
      • MEA - Market size and forecast 2019-2024
      • Key leading countries
      • Market opportunity by geography
      • Market drivers
      • Market challenges
      • Market trends

      Vendor Landscape

      • Competitive scenario
      • Vendor landscape
      • Landscape disruption
      • Industry risks

      Vendor Analysis

      • Vendors covered
      • Market positioning of vendors
      • Bruker Corp.
      • Carl Zeiss AG
      • Euromex Microscopen BV
      • Hitachi High-Technologies Corp.
      • JEOL Ltd.
      • Leica Microsystems
      • Nikon Corp.
      • NT-MDT Spectrum Instruments Group
      • Olympus Corp.
      • Thermo Fisher Scientific Inc.

      Appendix

      • Scope of the report
      • Currency conversion rates for US$
      • Research methodology
      • List of abbreviations

      Research Framework

      Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

      TechnavioINFORMATION SOURCES

      Primary sources

      • Manufacturers and suppliers
      • Channel partners
      • Industry experts
      • Strategic decision makers

      Secondary sources

      • Industry journals and periodicals
      • Government data
      • Financial reports of key industry players
      • Historical data
      • Press releases
      Technavio

      TechnavioDATA ANALYSIS

      Data Synthesis

      • Collation of data
      • Estimation of key figures
      • Analysis of derived insights

      Data Validation

      • Triangulation with data models
      • Reference against proprietary databases
      • Corroboration with industry experts
      Technavio

      TechnavioREPORT WRITING

      Qualitative

      • Market drivers
      • Market challenges
      • Market trends
      • Five forces analysis

      Quantitative

      • Market size and forecast
      • Market segmentation
      • Geographical insights
      • Competitive landscape
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      The microscopy devices market growth will increase by $2127.87 million during 2019-2024.
      The microscopy devices market is expected to grow at a CAGR of 6.56% during 2019-2024.
      Technavio has segmented the microscopy devices market by product (Optical microscope, Electron microscope, and Scanning probe microscope) ,application (Semiconductor, Life science, Material science, Nanotechnology, and Others) , and geographic (North America, Europe, APAC, South America, and MEA).
      Bruker Corp., Carl Zeiss AG, Euromex Microscopen BV, Hitachi High-Technologies Corp., JEOL Ltd., Leica Microsystems, Nikon Corp., NT-MDT Spectrum Instruments Group, Olympus Corp., Thermo Fisher Scientific Inc. are a few of the key vendors in the microscopy devices market.
      North America will register the highest growth rate of 30.89% among the other regions. Therefore, the microscopy devices market in North America is expected to garner significant business opportunities for the vendors during the forecast period.
      The key factors driving the microscopy devices market growth are:
      • Increase in nanotechnology research
      The microscopy devices market vendors should focus on grabbing business opportunities from the optical microscope segment as it accounted for the largest market share in the base year.
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