Confocal Laser Scanning Microscopy is Fastest Growing Segment Fueling Growth of Microscopy Devices Market

 

The global Microscopy Devices Market is estimated to be valued at US$ 9.82 Bn or Mn in 2023 and is expected to exhibit a CAGR of 7.5% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.

Market Overview:
Microscopy devices are used for direct microscopic examination, measurement and analysis of biological and non-biological specimens. These devices offer high resolution visualization with penetrating depth of specimen. Confocal laser scanning microscopy is widely used across various industries like life sciences, material science and semiconductors industries due to its ability to collect serial optical sections from thick specimens.

Market Key Trends:
Technological advancements in microscopy is one of the key trends fueling growth of the microscopy devices market. Manufacturers are focusing on development of advanced microscopy techniques and integration of various modalities into single platform. For instance, in 2019, Thermo Fisher launched Ariol SL-50, an advanced automated digital pathology platform that uses confocal microscopy to acquire high-resolution images from microscope slides. The platform uses confocal laser microscopy, fluorescent staining and artificial intelligence-based algorithms to efficiently scan and analyze digital slides. Similarly, in 2021, Nikon launched A1R Confocal Laser Microscope System that uses galvano resonant scanning and HD confocal imaging to provide high-speed image acquisition up to 60fps for live cell imaging applications. Such innovative product launches are expected to drive the confocal laser scanning microscopy segment during forecast period.
Segment Analysis
The global microscopy devices market is dominated by optical microscopy segment. Optical microscopy segment accounted for over 55% share of the global market in 2023. Optical microscopy devices are widely used in research laboratories, academic institutes and industries for basic sample examination, material characterization and quality control applications due to their ease of use and ability to provide macro to micro level high resolution images. Within optical microscopy, inverted microscopes sub-segment dominated the market due to their versatility and ability to accommodate larger and complex samples.

Key Takeaways
The global microscopy devices market is expected to witness high growth, exhibiting CAGR of 7.5% over the forecast period, due to increasing research and development activities in the field of life sciences, materials science and semiconductors.

Regional analysis: North America dominated the global microscopy devices market in 2023 with over 30% market share. However, Asia Pacific region is expected to witness highest growth during the forecast period supported by increasing government investments in healthcare and pharmaceutical research in China and India.

Key players: Key players operating in the microscopy devices market are Danaher Corporation, Olympus Corporation, Thermo Fischer Scientific, Bruker Corporation, Nikon Corporation, Hitachi, Ltd., Alltion (Wuzhou) Co., Ltd., Park Systems Corp., ACCU-SCOPE Inc., Semilab Germany GmbH, JEOL Ltd., Carl Zeiss Meditec AG, TESCAN ORSAY HOLDING a.s. and Nanosurf AG. Danaher Corporation and Olympus Corporation are the market leaders owing to their broad product portfolio and global sales and distribution network.

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