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

The microscopy devices market size has the potential to grow by USD 2.12 billion during 2019-2024, 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 the 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 effort in the drug approval process 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.