The global microscopy market in terms of revenue was estimated to be worth $7.2 billion in 2022 and is poised to reach $9.5 billion by 2027, growing at a CAGR of 5.8% from 2022 to 2027. Key factors driving market growth are technological innovations and advancements in microscopes; encouraging funding scenarios for R&D in microscopy; rising attention towards regenerative medicine and nanotechnology; and increasing academia-industry collaborations. 

Recent advances in microscopy techniques have opened new avenues for microscopes to be used in optogenetics, nanophotonics, photochemical catalysis, and the fabrication of superhydrophobics. 

Optogenetics is a neuromodulation technique that uses light as a stimulus to control and monitor the activities of individual neurons in living tissue. A recent application of optogenetics in combination with microscopy is in research on layers of cultivated excitable cells to understand the general biology of action, potential generation, axonal signal transmission, and synaptic activities.

These emerging application areas of microscopy are expected to offer significant growth opportunities to market players in the coming years. 

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=399

Browse in-depth TOC on “Microscopy Market”
194 – Tables
42 – Figures
260 – Pages

By application, the materials science applications segment is witness the highest growth rate in the microscopy market during the forecast period.

Based on applications, the microscopy market is segmented into semiconductor & electronics, healthcare & life science, materials science, and other applications. During the projection period, material sciences are expected to expand at the fastest CAGR. The expansion of this application area is projected to be fueled by a greater focus on material science research. Materials such as polymers, metals, alloys, ceramics, and biomaterials are analyzed structurally and chemically using microscopes. In mineralogical and structural analyses of geological and archaeological samples, optical microscopy and scanning electron microscopy (SEM) are typical techniques.

North America dominated the global microscopy market in 2021

The microscopy market is divided into five major regions— Europe, North America, Asia Pacific, Latin America and the Middle East & Africa. North America accounted for the largest share of the global market, closely followed by Europe. The market in North America is increasing due to factors such as huge R&D budgets, availability of advanced microscopy systems offered by market players, a high and growing focus on nanotechnology, and the presence of a large number of prominent research organizations and universities in the region. During the projected period, Asia Pacific is expected to grow at the fastest rate owing to the presence of leading manufacturers in countries, such as Japan, coupled with a thriving number of local manufacturers in countries, such as China and India, are the factors spurring the growth of the region.

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.