Driven by Advanced Research, Global Microscopy Devices Market to surpass US$9 Bn by 2020: Transparency Market Research
Microscopy Devices Market – Products (Optical Microscopes, Electron Microscopes, Scanning Probe Microscopes and Others) and Applications (Semiconductors, Life Sciences, Nanotechnology, Material Sciences and Others) – Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 – 2020
Albany, United States – July 21, 2015 /MarketersMedia/ —
Exhaustive research and innovations in the field of microscopy have led to the growth of the global microscopy devices market, states Transparency Market Research in its latest report. The study, titled “Microscopy Devices Market [Products (Optical Microscopes, Electron Microscopes, Scanning Probe Microscopes and Others) and Applications (Semiconductors, Life Sciences, Nanotechnology, Material Sciences and Others)] – Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 – 2020”, states that the microscopy devices market is poised to grow from US$5.75 billion in 2013 to US$9.69 billion by 2020. If these values hold true, the global microscopy devices market is forecast to register a CAGR of 7.6% from 2014 to 2020.
The microscopy devices market is also fueled by the developing semiconductor industry in emerging countries and rising global funding toward nanotechnology. However, premium pricing has limited the penetration of advanced microscopes in developing countries. In addition, instrumentation and sample preparation complexities are likely to restrict the microscopy devices market.
On the basis of product, the global microscopy devices market is divided into electron microscopes, optical microscopes, scanning probe microscopes, and others. Optical microscopes held the largest share of the overall market in 2013, with 38.9%. This segment recorded global sales of US$2,235.1 million in 2013 and comprises stereo microscopes, inverted microscopes, fluorescence microscopes, phase contrast microscopes, near field scanning microscopes, and confocal scanning microscopes.
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Electron microscopes were the second largest product segment in 2013 and consist of scanning electron microscopes and transmission electron microscopes. The segment of scanning probe microscopes includes scanning tunneling microscopes and atomic force microscopes.
Based on application, the market for microscopy devices is segmented into life sciences, semiconductors, nanotechnology, material sciences, and others. Among these, the demand for microscopy devices from the life sciences industry enjoyed a majority share in 2013 and is anticipated to develop at a 6.4% CAGR from 2014 to 2020. While semiconductors formed the second largest application segment of the microscopy devices market, the segment of nanotechnology is expected to grow at the fastest CAGR of 12.4% during the forecast period.
The global microscopy devices market is segmented on the basis of geography into North America, Europe, Asia Pacific, and Rest of the World. Accounting for 40.9% of the overall market, Asia Pacific emerged as the leader in the worldwide microscopy devices market in 2013. The growth of the Asia Pacific microscopy devices market can be attributed to the consistent research and development activities by several governments, universities, schools, and research institutions in the region. In fact, China is presently the second largest investor in R&D, according to the World Bank.
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The prominent players participating in the global microscopy devices market include NT-MDT Company, FEI Company, Carl Zeiss AG, Leica Microsystems, Danish Micro Engineering A/S, Nikon Corporation, Bruker Corporation, JEOL Limited, Hitachi High-Technology Corporation, Cameca SAS, and Olympus Corporation. The competitive landscape of the microscopy devices market has been discussed at length, profiling major companies on the basis of business and financial overview, strategies, recent developments, and product portfolio.
Global Microscopy Devices Market, by Product
Optical Microscopes
– Inverted Microscopes
– Stereo Microscopes
– Phase contrast Microscopes
– Fluorescence Microscopes
– Confocal Scanning Microscopes
– Near Field Scanning Microscopes
Electron Microscopes
– Transmission Electron Microscopes (TEM)
Scanning Electron Microscopes (SEM)
– Scanning Probe Microscopes
– Atomic Force Microscope (AFM)
– Scanning Tunneling Microscopes (STM)
Others
Global Microscope Devices Market, by Application
– Semiconductors
– Life Sciences
– Material Sciences
– Nanotechnology
– Others
Global Microscopy Devices Market, by Geography
– North America
– Europe
– Asia-Pacific
– Rest of the World (RoW)
About Us
Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.
TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.
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