The overall growth of various sectors has been heavily impacted, specifically in countries with a high incidence rate of COVID-19, such as India, China, the US, and several European countries (Russia, Italy, and Spain, among others). While industries such as oil and petroleum, aeronautics, and mining are experiencing a steep fall in revenues, the healthcare, biotechnology, and pharmaceutical industries are optimizing this situation to serve a maximum number of patients and healthcare professionals.
[232 Pages Report] The microscopy market is projected to reach USD 8.9 billion in 2026 from USD 6.5 billion in 2020, at a CAGR of 5.6% during the forecast period. Market growth is driven largely by factors such as favorable funding scenario for R&D in microscopy, rising demand for electron microscopes in applied industries (such as semiconductor manufacturing).
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Advantages :-
1. Technological advancements in microscopy include digitization, live-cell imaging, super-resolution, and high-throughput methods. These advancements serve to reduce product and test costs.
2. Recent developments in microscopes include expansion microscopes, scanning helium microscopes (SHeM), multi-view microscopes, and integrated microscopy workflows. Digital microscopy is the latest trend in the microscopy market. Digital imaging offers enhanced image resolution with greater precision, leading to fewer distorted images and allowing for better viewing of samples. The development of whole-slide scanning systems is a major factor that has accelerated the adoption of digital microscopy.
3. Conventional microscopes are gradually losing their popularity to high-end microscopes such as electron microscopes, scanning probe microscopes, and digital microscopes due to their advanced features, higher resolution, and magnification power.
Disadvantages :-
1. For instance, in February 2017, the Indian government provided funds worth ~USD 45,000 to design and develop multimodal optical microscopes using Fourier optical image processing.
2. Since its inception in 2011, the Centre of Nanotechnology and Nanomaterials (Saransk, Russia) has been manufacturing unique nano pincers for microscopes that allow particles on a scale of 30 nanometers to be captured.
3. From 2016 to 2019, the company launched several microscopes and software, including the DVM6 microscope, DM8000/12000 microscope, SP8 LIGHTNING microscope, SP8 DIVE, and Software LAS X.
The major companies in the microscopy market include Carl Zeiss (Germany), Danaher Corporation (US), Thermo Fisher Scientific (US), Nikon (Japan), Bruker Corporation (US), Olympus (Japan), Oxford Instruments (UK), JEOL (Japan), and Hitachi High-Technologies (Japan), among others.