[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).
The COVID-19 outbreak has disrupted business and economic activities globally. However, it is expected to have a positive impact on the microscopy market for the healthcare industry.
Technological advancements in microscopy include digitization, live-cell imaging, super-resolution, and high-throughput methods. These advancements serve to reduce product and test costs.
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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.
These systems offer deep visualization of specimens with 2D and 3D images used in R&D, forensics, quality control, as well as failure analysis. Market players offer various digital microscopy products such as ShuttlePix P-400R (Nikon), Leica DVM6 (Danaher), and Celldiscoverer 7 (Carl Zeiss).
Owing to technological advancements, there has been a shift in the usage patterns of microscopes. 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.
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.