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Student Microscope Market by Application, Type, and Geography - Forecast and Analysis 2020-2024

  • Published: Apr 2020
  • Pages: 120
  • SKU: IRTNTR40600
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The student microscope market size has the potential to grow by USD 335.95 million during 2020-2024, and the market’s growth momentum will accelerate during the forecast period.

This report provides a detailed analysis of the market by application (life science research, material science research, and others), type (compound microscope, stereo microscope, and inverted microscope), and geography (APAC, Europe, MEA, North America, and South America). Also, the report analyzes the market’s competitive landscape and offers information on several market vendors, including ACCU-SCOPE Inc., Bresser GmbH, Carl Zeiss AG, Celestron Acquisition LLC, Danaher Corp., Nikon Corp., Olympus Corp., Parco Scientific Co., Thermo Fisher Scientific Inc., and United Scope LLC.

Market Overview

Market Competitive Analysis

The market is fragmented. Nikon Corp., Olympus Corp., Parco Scientific Co., Thermo Fisher Scientific Inc., and United Scope LLC are some of the major market participants. Although the growing research requirements across industries will offer immense growth opportunities, Long product life will challenge the growth of the market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

To help clients improve their market position, this student microscope market forecast report provides a detailed analysis of the market leaders and offers information on the competencies and capacities of these companies. The report also covers details on the market’s competitive landscape and offers information on the products offered by various companies. Moreover, this student microscope market analysis report also provides information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities.

This report provides information on the production, sustainability, and prospects of several leading companies, including:

  • ACCU-SCOPE Inc.
  • Bresser GmbH
  • Carl Zeiss AG
  • Celestron Acquisition LLC
  • Danaher Corp.
  • Nikon Corp.
  • Olympus Corp.
  • Parco Scientific Co.
  • Thermo Fisher Scientific Inc.
  • United Scope LLC

Student Microscope Market: Segmentation by Region

APAC will offer several growth opportunities to market vendors during the forecast period. Almost 33% of the market’s growth will originate from APAC during the forecast period. China is the key market for student microscopes in APAC. Market growth in this region will be faster than the growth of the market in other regions.

Student Microscope Market: Segmentation by Application

Many research institutions, national institutions, and pharmaceutical companies are funding doctoral students and academic institutions to conduct research on target identification and drug development. Additionally, scholarships and financial assistance from governments and various organizations are encouraging students to adopt life science studies, which is increasing the use of student microscopes.

The growth of the student microscope market share by the life science research segment will be faster than the growth of the market by other segments. This report provides an accurate prediction of the contribution of all the segments to the growth of the student microscope market size.

Student Microscope Market: Key Drivers and Trends

Improving education standards across the world is leading to an increase in number of doctorate students conducting research across various industries such as pharmaceuticals, food, and environmental engineering. Academic institutions are also playing a vital role in the identification of targets and the development of novel drugs in the pharmaceutical industry. The high unmet need for advanced therapeutics is driving various pharmaceutical institutions to collaborate with educational institutions to research and develop novel therapies.

The growing research on environmental engineering has induced most of the students and academic institutions to adopt student microscopes due to their strong efficiency and accuracy. Despite their high price, factors such as increased funding and the presence of high unmet need in the market are driving their adoption. The rising research requirements across various industries is one of the key factors boosting the global student microscope market growth.

The increasing penetration of e-commerce will be one of the critical student microscope market trends. E-retailers cut down costs associated with middlemen such as wholesalers and retailers. This is enabling them to provide customer benefits such as discounts, free shipping, quick delivery, and extended warranty. Several e-retailers are offering free additional components for student microscopes. These factors are encouraging consumers to purchase student microscopes through online platforms. Moreover, online platforms allow consumers to compare and choose student microscopes that are ideal for their applications. The rapid growth of the e-commerce industry is expected to have a positive impact on the sales of student microscopes. As a result of these factors, the student microscope market will register a CAGR of over 6% during 2020-2024.

Student Microscope Market: Key Highlights of the Report for the Forecast Period 2020-2024

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

Executive Summary

  • Market Overview

Market Landscape

  • Market ecosystem
  • 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 Application

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

Market Segmentation by Type

  • Market segments
  • Comparison by Type placement
  • Compound microscope - Market size and forecast 2019-2024
  • Stereo microscope - Market size and forecast 2019-2024
  • Inverted microscope - Market size and forecast 2019-2024
  • Market opportunity by Type

Customer landscape

  • Overview

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

Drivers, Challenges, and Trends

  • Market drivers
  • Volume driver - Demand led growth
  • Volume driver - Supply led growth
  • Volume driver - External factors
  • Volume driver - Demand shift in adjacent markets
  • Price driver - Inflation
  • Price driver - Shift from lower to higher-priced units
  • Market challenges
  • Market trends

Vendor Landscape

  • Overview
  • Vendor landscape
  • Landscape disruption

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • ACCU-SCOPE Inc.
  • Bresser GmbH
  • Carl Zeiss AG
  • Celestron Acquisition LLC
  • Danaher Corp.
  • Nikon Corp.
  • Olympus Corp.
  • Parco Scientific Co.
  • Thermo Fisher Scientific Inc.
  • United Scope LLC

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
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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
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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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Student Microscope market growth will increase by $335.95 million during 2019-2024.
The student microscope market is expected to grow at a CAGR of 6.46% during 2019-2024.
Technavio has segmented the student microscope market by type (Compound microscope, Stereo microscope, and Inverted microscope) and geographic (North America, Europe, APAC, and South America).
ACCU-SCOPE Inc., Bresser GmbH, Carl Zeiss AG, Celestron Acquisition LLC, Danaher Corp., Nikon Corp., Olympus Corp., Parco Scientific Co., Thermo Fisher Scientific Inc., United Scope LLC are a few of the key vendors in the student microscope market.
APAC will register the highest growth rate of 33.38% among the other regions. Therefore, the student microscope market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
The key factors driving the student microscope market growth are:
  • Low cost of student microscopes
  • Technological advancements in AI
The student microscope market vendors should focus on grabbing business opportunities from the compound microscope segment as it accounted for the largest market share in the base year.
  • What are the key global market and the regional market share?
  • What are the revenue-generating key market segments?
  • What are the key factors driving and challenging this market’s growth?
  • Who are the key market vendors and their growth strategies?
  • What are the latest trends influencing the growth of this market?
  • What are the variables influencing the market growth in the primary regions?
  • What are the factors influencing the growth of the parent market?
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