Microscopy Devices Market Size Expected to Demonstrate Optimal Growth at a Healthy CAGR by 2027

Microscopy Devices Market

Market Highlights:

It has been noted that global Microscopy Devices Market is growing at rapid pace and is expected to grow at a CAGR of 7.8%. Market Research Future (MRFR) reveals factors that can play a prominent role in triggering growth for the global market in the coming years.

Microscopy refers to the field of the utilization of microscopes to view and study various objects that are outside of the resolution range of a normal human eye. There are multiple fields of microscopy used for different purposes in the research and development processes in numerous relevant areas. Most well-known branches in microscopy are optical/light microscopy, electron microscopy, and scanning probe microscopy. Another popularly emerging field is the x-ray microscopy.

 

Furthermore, the snowballing number of research and development activities initiated by various schools, universities, governments, research institutes is likely to fuel sizeable growth microscopy devices market. Accelerating research and development activities in the healthcare sector are expected to push the demand for microscopy to new heights, promoting profitable growth.

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Global Microscopy Devices Competitive Analysis:      

Carl Zeiss (Germany)

Hitachi High-Technologies (Japan)

Danaher Corporation (US)

JEOL (Japan)

Thermo Fisher Scientific (US)

Oxford Instruments (UK)

Olympus (Japan)

Nikon (Japan)

Bruker Corporation (US)

Regional analysis
The Global Microscopy Devices Market is anticipated to record a market valuation of USD 10.5 billion by 2022. Regionally, the global microscopy devices market is segmented into North America, Europe, Asia Pacific, and the Rest of the World. Among these, the APAC region is expected to dictate the microscopy market through the review period. Such market domination can be owed to the rapid growth of the semiconductor industry in the region. Asia Pacific is anticipated to expand at a lucrative CAGR of 7.3% between 2016-2022. Additionally, proliferated research and development activities in the various relevant field of study are likely to promote sizeable ascension of the regional microscopy devices market.

North America is expected to follow Asia Pacific and hold the second largest share in the global microscopy devices market, ascending at an 11.5% CAGR over the review period. The regional microscopy devices market is mainly driven by the presence of many advanced healthcare institutes in North America that are pushing the demand for microscopy devices.

Europe is estimated to record substantial growth in the demand for microscopy devices through the assessment period. This growth is accredited to the rising investments in the development of advanced microscopy devices in the region. Further, the presence of various research institutions in the region, coupled with the active undertaking of research and development in the region is projected to contribute to the regional microscopy devices market growth by 2022..

Market Segmentation:

The global market for microscopy devices, as per the notions set by MRFR, can be segmented on the basis of type, application, and end user. These segments have been backed by ample market factors and various analyses regarding volume-wise and value-specific moves.

By type, the global market report on the microscopy devices covers Electron Microscope, Optical Microscopes, and Scanning Probe Microscope (SPM).

By application, the global market study of the microscopy devices includes Pathology, Material Science, Life Science, and Nanotechnology.

By end user, the report covering the global microscopy devices market incorporates Academic & Research Institutes, Hospitals & Clinics, and Diagnostics Centers.

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