Global Life Science Microscopy Devices Market
By Device Type (Optical Microscopy Devices, Electron Microscopy Devices, Others), By Application (Microbiology, Bioengineering, Pharmacology & Toxicology, Pathology, Drug Discovery, Neuroscience, Others), By End User (Pharmaceutical & Biotechnology Industries, Contract Research Organizations (CROs), Academic & Research Institutes, Others), and Geography – Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2013-2017 and Forecast 2018-2024.
Global life science microscopy devices market was valued at US $ XX Mn and expected to grow at 9.4% Compound Annual Growth Rate (CAGR) from 2018 to 2024.
Microscopy plays a major role in the life sciences segment to study the details of biological tissues and cells. In majority of the life-science fields, electron microscopy contributes a wide range including virus discovery, prevention of infection, organelle structure clarification, food safety, and drug development among others. Life science microscopy devices are widely used in field of cellular and molecular biology, botany, pharmacology and toxicology, and microbiology among others.
Increase in the R&D activities in the life sciences segment is a key factor drives the growth of global life science microscopy devices market. Moreover, fund raising by the public and private sectors for the life sciences research, technological advancements of the devices, wide range of applications of devices in nanotechnology, biotechnology, material science, and other life science industries, rise in number of academic and research institutes, and flourishing CRO market are anticipated to propel the global life science microscopy devices market over the forecast years. However, high cost and lack of skilled personnel for operating the advanced microscopes are major restrains for the global life science microscopy devices market.
Market Scope: Global Life Science Microscopy Devices Market
Global life science microscopy devices market is segmented based on device type, application, and end user
Based on device type, market is segmented into the following:
- Optical Microscopes
- Stereo Microscopes
- Fluorescence Microscopes
- Phase contrast Microscopes
- Inverted Microscopes
- Confocal Scanning Microscopes
- Electron Microscopes
- Scanning Electron Microscopes (SEMs)
- Transmission Electron Microscopes (TEMs)
- Other Microscopy Devices
Based on application, the market is segmented into the following:
- Pharmacology & Toxicology
- Drug Discovery
Based on the end users, the market is segmented into the following:
- Pharmaceutical & Biotechnology Industries
- Contract Research Organizations (CROs)
- Academic & Research Institutes
Regional Analysis: Global Life Science Microscopy Devices Market
Geographically, global life science microscopy devices market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. North America life science microscopy devices market is growing due to rise in R&D for the innovative microscopy devices, grow in funding for the biomedical and life science research, and huge number of end user industries present in U.S. and Canada are boost the market. Europe life science microscopy devices market is poised to grow due to high adoption of advanced instruments, collaboration between the industries and research institutes for life science research and drug development, and government support for the life sciences research are bolster the market. Asia Pacific life science microscopy devices market has prominent share attributed to rise in R&D activities in life sciences segment in India, China, and Japan, flourishing contract research organizations market, and raise in funding by the public and private sectors are surge the market.
Competition Assessment: Global Life Science Microscopy Devices Market
Some of the players in the global life science microscopy devices market include:
- NT-MDT SI (Russia)
- Nikon Corporation (Japan)
- FEI Company (Thermo Fisher Scientific) (U.S.)
- Leica Microsystems (Danaher Corporation) (Germany)
- CAMECA SAS (AMETEK Holdings SARL) (France)
- Olympus Corporation (Japan)
- Hitachi high-Technologies Corporation (Japan)
- Bruker Corporation (U.S.)
- JEOL Ltd. (Japan)
- TESCAN a.s. (Czech Republic)
Notable Market Developments: Global Life Science Microscopy Devices Market
- In April 2017, Olympus Corporation launched its biological microscope CX43 and CX33 used in life science research