The global life sciences microscopy devices market was valued at USD 5,334.2 Mn in 2018. Increasing drug discovery activities across healthcare segment and technological advancement in the microscopic devices together drive the life sciences microscopy devices market.
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As per the latest research citing brought forward by World Health Organization (WHO), antibiotic resistance is a looming threat commonly encountered during the treatment of infectious diseases such as tuberculosis, pneumonia, sepsis, gonorrhea, food borne diseases. It has become imperative to understand the microorganism’s ability to develop resistance against antibiotics by studying their metabolism. The hurdle faced by life science microscopy devices market is the low magnification power of the light microscopes. The opportunity related to the market is its rampant adoption of microscopy devices in educational and research institutes worldwide.
The Life Sciences Microscopy Devices Market is expected to reach N/A during the forecast period at a 10.% CAGR.
The major segments pertaining to the life science microscopy devices market are by device type and application. Optical microscopy devices and microbiology are leading the device type and application segment respectively.
North America is the clear leader in the regional segment holding 36.69% in 2018. Factors such as increasing RnD fundings, high adoption of technological advanced devices, and presence of significant number of players are major factors driving the growth of the market in the region. Asia Pacific is the fastest growing market on account of rising prevalence of infectious diseases and burgeoning requirement of novel drug development to counteract antibiotic resistance.
Life Sciences Microscopy Devices Market Scope
| Metrics | Details |
| Base Year | 2021 |
| Historic Data | 2019-2020 |
| Forecast Period | 2022-2029 |
| Study Period | 2019-2029 |
| Forecast Unit | Value (USD) |
| Revenue forecast in 2029 | NA |
| Growth Rate | CAGR of 10% during 2021-2029 |
| Segment Covered | By Product Type, Application, Regions |
| Regions Covered | North America, Europe, Asia Pacific, South America, Middle East and Africa |
| Key Players Profiled | Olympus Corporation, Thermo fisher Scientific, Inc., Nikon Corporation, Carl Zeiss AG, Keyence Corporation, JEOL Ltd., Bruker, Hitachi High-Technologies Corporation, Leica Microsystems, and F. Hoffman-La Roche Ltd |
Key Segments of the Life Sciences Microscopy Devices Market
Product, 2022-2029 (USD Million)
• Scanning Electron Microscope
• Compound
• Transmission Electron Microscope
• Confocal
• Stereoscope
Application, 2022-2029 (USD Million)
• Microbiology
• Bioengineering
• Pharmacology
• Toxicology
• Cell Biology
• Pathology
• Neuroscience
End User, 2022-2029 (USD Million)
• Research Laboratories & Institutes
• Forensic and Diagnostic Laboratories
• Pharmaceutical Companies
• Biotechnology Companies
Regional Overview, 2022-2029 (USD Million)
North America
• US
• Canada
Europe
• Germany
• France
• UK
• Rest of Europe
Asia Pacific
• China
• India
• Japan
• Rest of Asia Pacific
South America
• Mexico
• Brazil
• Rest of South America
Middle East and South Africa
Reason for the study?
- The purpose of the study is to give an exhaustive outlook of the global life science microscopy devices market
- The overall segmentation of the life science microscopy devices market, by device type, application and region is thoroughly studied. Optical microscopy devices and microbiology are the dominating the life science microscopy devices market
- Rising prevalence of infectious disease and developing healthcare infrastructure in Asia Pacific will accentuate the market growth
- Technological advancement in the microscopic devices and increasing drug development activities bolster the market growth
What does the report include?
- The study of the global life science microscopy devices market includes qualitative analysis of factors such as drivers, restraints and opportunities
- The report covers qualitative and quantitative analysis of the overall market segmented on the basis of device type and application and breakdown of the same at regional level
- Actual market sizes and forecasts have been provided for all considered segments
- The study includes the profiles of key market players with a significant global and regional presence along with top company positioning
Who should buy this report?
- This study is suitable for industry participants and stakeholders in the medical device segment focusing on the technological development of optical lenses and resolution power of images.
The report will benefit:
- Executives of medical device companies that are engaged in the manufacturing of microscopic devices
- Managers with financial institutions looking to publish recent and forecasted statistics pertaining to life science microscopy devices market
- Venture capitalist, investors, financial institutions, analysts, government organizations, regulatory authorities, policymakers, researchers, strategy managers and academic institutions looking for insights into the market to determine future strategies
- Medical device companies who are looking for new avenues of revenue generation
Frequently Asked Questions (FAQ) :
The global market size collective to Electron and Optical Microscopy Devices is valued at USD 5,334.2 Million in 2018; of which, Optical Microscopy Devices held the market share of ~45% in 2018.
Leica Microsystems, Nikon Corporation, Bruker Corporation, Olympus Corporation, Carl Zeiss Microscopy GmbH, TESCAN, Jeol Ltd. Hitachi High Technologies Corporation are some of the key players in the life sciences microscopy devices market
North America, followed by Europe are the largest regional markets for life sciences microscopy devices.
Microscopy devices in healthcare are used in surgeries, treatment monitoring, and in medical and clinical laboratories in research and development and disease diagnostics.
Optical microscopic devices held the largest market in 2018, representing a market share of 44.92%.
Compound microscopy devices, confocal microscopy devices, Phase contrast microscopy devices, Fluorescence microscopy devices, Stereo microscopy devices are the major segments considered in Optical Microscopy Devices.
Both optical and electron microscopes find the most application healthcare industry across usage areas such as diagnostics and R&D.
During the forecast period from 2019 to 2025, the market is projected to grow at a CAGR of 7.1%
The microscopic devices finds immense application in various life science disciplines such as microbiology, cell biology, pathology, pharmacology, toxicology etc. It is noteworthy to understand that growing antibiotic resistance during treatment of infectious diseases has resulted in burgeoning requirement of understanding the microorganism metabolism. In depth study will help physicians worldwide to implement effective treatment regimen to counteract antibiotic resistance. Biopharmaceutical companies throughout the globe are investing heavily in their research & development wing for the novel drug development for treatment of vector borne diseases having no satisfactory cure. Increasing adoption of microscopic devices in academic research institutes, technological advancement in the optical lenses, generation of high resolution images bolster the life science microscopy devices market.
Medical device manufacturers are working diligently to achieve value addition to existing microscopic devices. Optical microscopy devices are highly employed for achieving high magnification images of cell organelles such as lysosomes, golgi apparatus, ribosomes etc. It is highly popular owing to its excellent ergonomic features and low device cost. Major players are continuously focusing in enhancing the resolution and magnification power of optical microscopy devices. Electron microscopic devices are majorly utilized in achieving precise images of microorganisms and drug molecule testing studies. Scanning probe microscopy devices are popular in generating real time 3 dimensional images of objects at atomic level.
Optical microscopic devices held the largest market in 2018, representing a market share of 44.92%. The major parameters responsible for its magnificent growth is growing adoption of optical microscopes in academic and research institutes worldwide. The optimum balance between the device price, excellent magnification and resolution power achieved -further bolster the optical microscopy devices market. The optical microscopes are further sub segmented as compound microscopy devices, confocal microscopy devices, phase contrast microscopy devices, fluorescence microscopy devices, stereo microscopy devices and others. Scanning probe microscopy devices will be growing at a faster pace on account of its capability to study real time 3-D shaped objects with high magnification.
_1.png "Global life science microscopy devices market, by device type, 2018 (USD Million)")
In 2018, microbiology held the dominant market share of more than 20% in the application segment for life science microscopy devices. The key factors responsible for its positive market growth are increasing investment in the research and development of vaccines against life threatening vector borne diseases such as Zika, Ebola, Swine flu etc. Pharmacology will be growing at rapid pace during the forecast period owing to increasing drug development activities in the biopharmaceutical industry throughout the globe._1.png "Global life science microscopy devices market, by application, 2018 (USD Million)")
North America held 36.69% market share in 2018, for the regional segment of life science microscopy devices market. The primary factors responsible for its impressive market growth are increasing funds invested in the research and development of optical lens, magnification power and superior resolution of microscopic devices. The European Medical Agency (EMA) has expedited the clearance protocols for microscopic devices for its rampant adoption in research institutes in collaboration with major biopharmaceutical players for novel drug development. Asia Pacific will register faster growth during the forecast period on account of rising prevalence of infectious disease and developing healthcare infrastructure. Presence of major players such as Olympus Corporation, Nikon Corporation, etc., will further accentuate growth of the life science microscopy devices market in the region
