Microscopy Devices Market In-depth Analysis, Business Strategies, and Growth Rate

Microscopy Devices Market: Overview

• According to Transparency Market Research’s latest report on the global microscopy devices market for the historical period 2017–2028 and forecast period 2021–2028, increase in incidence of diseases across the globe and technological advancements in the field of microscopy are projected to drive the global microscopy devices market during the forecast period

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Rapidly Growing Contract Research Organization Market and High Application of Microscopes in Life Sciences: Key Drivers

• Significant and rapid growth of the contract research organization market is attracting new players

• Several pharmaceutical and biotechnology companies are outsourcing their R&D in order to focus on core business segments and to reduce manpower and other expenditure

• This has encouraged CROs to expand their field of expertise and solutions, enter diverse research segments, and provide a range of R&D solutions to the companies

• Hence, increase in focus of CROs in R&D in life sciences drives the global microscopy devices market

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Rise in Applications of Microscope in Semiconductor Industry to Boost Market Growth

• Major applications of microscope are nanotechnology, semiconductor technology, and life sciences. In the semiconductor business, microscopy is widely utilized for R&D, quality control, monitoring, process development analysis. Moreover, increase in demand for small transistor chips, nano electronics, quantum dots, and optoelectronics has driven for microscopes in the semiconductor industry.

• Microscopes have significant applications in the cellular biology segment, including high growth fields such as stem cells research and cancer cells research, along with other fields such as biomedical engineering

• Fluorescence microscopes and new & advanced electron microscopes, such as the scanning electron microscopes, have been instrumental in biomedical and biological research applications owing to their distinct advantages

• These ever-increasing application areas of microscopes in the life sciences field are expected to drive the global microscopy devices market during the forecast period

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High Cost of Microscopy Devices to Hamper Market

• High-end performance microscopes such as electron microscopes or scanning probe microscopes, have premium prices due to their advantages and distinct additional features

• However, premium pricing of microscopes has limited their penetration and adoption in the global market, especially in the emerging economies where there is more emphasis on life sciences research

• Price of an atomic force microscope ranges from US$ 25,000 to US$ 70,000 (some requiring additional instruments such as scanners), while a more advanced and integrated scanning probe microscope costs between US$ 100,000 to US$ 300,000

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Microscopy Devices Market: Competition Landscape

• This report profiles major players in the global microscopy devices market based on various attributes such as company overview, financial overview, product portfolio, business strategies, and recent developments

• Key market players such as Olympus Corporation, Hitachi High-Technologies Corporation, Carl Zeiss Microscopy GmbH, and Nikon Corporation have strong presence in the global microscopy devices market

• Leading players operating in the global microscopy devices market are

  • Olympus Corporation

  • Hitachi High-Technologies Corporation

  • Carl Zeiss Microscopy GmbH

  • Nikon Corporation

  • Shimadzu Corporation

  • Leica Microsystems

  • Bruker Corporation

  • FEI Company

  • JOEL Ltd.

  • Cameca SAS

  • NT-MDT SI

  • Keysight Technologies, among others

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Microscopy Devices market: Key Developments

• Key players in the global microscopy devices market are engaged in technologically advanced products, launch of new products, and acquisition & collaborative agreements with other companies. These strategies are likely to fuel the growth of the global microscopy devices market. A few expansion strategies adopted by players operating in the global microscopy devices market are:

  • In February 2021, Thermo Fisher Scientific released the Thermo Scientific Helios 5 PXL PFIB Wafer DualBeam. For inline through-stack metrology and verification of high-aspect ratio structures, the technology, a plasma focused ion beam scanning electron microscope, decreases time-to-data from days to hours.

  • In January 2019, Bruker launched JPK NanoWizard ULTRA Speed 2 advanced AFM system. The JPK NanoWizard ULTRA Speed 2 advanced AFM system combines the fastest speed and resolution AFM with sophisticated bio-imaging capabilities. The system is the first new product to emerge out of Bruker's JPK BioAFM Company, which was founded in July 2018 with the purchase of JPK Instruments AG. It was developed in close collaboration with their expanding global user base. The JPK NanoWizard ULTRA Speed 2 sets the standard in technical performance for advanced microscopy applications with a scanning speed of 10 frames per second, genuine atomic resolution, and improved life-science capabilities.

  • On April 3, 2019, Hitachi High-Technologies Corporation announced that it will begin selling the SU3800 and SU3900 scanning electron microscopes (SEMs), which have the ability to accommodate large, heavy specimens and advanced functionalities such as automated measurement and wide-angle camera navigation

• The report on the global microscopy devices market discussed individual strategies, followed by company profiles of manufacturers of microscopy devices. The competition landscape section has been included in the report to provide readers with a dashboard view and a company market share analysis of key players operating in the global microscopy devices market.

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