Microscopy Market Size to Surpass USD 24.21 Billion By 2032

The global microscopy market size reached USD 11.8 billion in 2022 and is projected to surpass around USD 24.21 billion by 2032, expanding at a healthy CAGR of 7.5% from 2023 to 2032.


Ottawa, Nov. 28, 2023 (GLOBE NEWSWIRE) --

The global microscopy market size accounted for USD 12.63 billion in 2023, According to Precedence Research. Asia Pacific has held the maximum market share of 37% in 2022.

Microscopes are extensively utilized in academic and research institutions for studying specimens and conducting various research activities. They find applications in diverse industries such as food and beverages, electronics, semiconductors, chemicals, automotive, healthcare, aerospace, synthetic rubber, ceramics, paints, coatings, plastics, and environmental research. The microscopy field attracts substantial investments for research and development, particularly in areas like regenerative medicine and nanotechnology, fostering increased collaborations between academia and industry.

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Over the past two decades, significant advancements in light microscopic techniques have rendered them indispensable for delving into molecular events at the subcellular level, providing crucial high-resolution temporal and spatial information. Microscope development is evolving, with a shift from hardware to software, notably integrating neural networks and artificial intelligence for automatic microscope control. Carl Zeiss from Germany is leading this innovation, recognized as the market leader. Their extensive range of microscopy products drives revenue growth, primarily propelled.

Key Insights:

  • The life science segment has contributed more than 35% in 2022.
  • For the duration of the projection, growth in the material science segment is anticipated.
  • The electron microscope segment has accounted for over 44% of revenue share in 2022.

Regional Stance

The Asia Pacific area achieved the greatest revenue share of 37% in 2022 due to increased investments in research and development for microscopy, which has numerous applications in correlative microscopy, including research, nanotechnology, and the life sciences. Due to the abundance of inexpensive, skilled labour and inexpensive materials, the industry is predicted to expand. Additionally, it is anticipated that the market will be driven throughout the forecast period by the existence of original equipment manufacturer businesses in this area.

Growth Factors

  • In the dynamic field of microscopy, substantial progress is underway to optimize product affordability and reduce testing expenses. Innovations encompass live cell imaging, digitization, super-resolution, and high-throughput methodologies, reflecting a commitment to advancing cost-effective solutions. The introduction of diverse microscopes, such as expansion and multi-view variations, along with integrated microscopy workflows, stands out as a notable trend, promising enhanced versatility and efficiency in research and analysis.
  • A significant stride in this landscape is the ascendancy of digital microscopy, where the integration of digital imaging elevates the quality of captured images, offering heightened resolution and precision. This transformative shift fosters more precise insights and proves invaluable for academic and research pursuits, underscoring the continuous evolution within the microscopy domain.
  • The significant driver for market growth is the advancement of whole slide scanning systems within the realm of digital microscopy, poised for substantial expansion throughout the forecast period. Digital microscopy systems, particularly those employing full slide scanning technology, facilitate the examination of specimens by offering both 3D and 2D images. These images find applications in research and development, quality control, and forensics. Notably, emerging economies such as India, China, Brazil, and Russia present lucrative opportunities for various market players in the microscopy sector.
  • As developing nations invest more in advanced microscope technologies with support from their governments, the microscopy industry is set to grow. This financial backing emphasizes how important microscopy is for scientific exploration and technological advancements.
  • Recent improvements in microscopy are opening up exciting possibilities in areas like optogenetics, nanophotonic, and materials science. Imagine using light to understand how individual brain cells work! This is what happens with optogenetics combined with microscopy. Researchers are exploring layers of cells to understand how signals move through nerves and how cells communicate. These new applications in microscopy offer great opportunities for companies in the microscope market.

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Microscopy Market Scope

Report CoverageDetails
Growth Rate from 2023 to 2032CAGR of 7.5%
Global Market Size in 2023USD 12.63 Billion
Asia Pacific Market Size in 2023USD 4.54 Billion
Global Market Size by 2032USD 24.21 Billion
Asia Pacific Market Size by 2032USD 8.55 Billion
Forecast Period2023 to 2032
Segments CoveredType, Application, Product, End User, Region

Market Potential

Nanotechnology, exploring the molecular scale, combines various scientific fields like chemistry, biology, physics, materials science, and engineering. Microscopes are crucial in understanding tiny structures that are too small for regular microscopes. Advanced microscopes are essential for detailed analysis at the molecular and atomic levels. This use of microscopy is growing, especially in nanotechnology.

Microscopy is also vital in regenerative medicine, focusing on therapeutic cells and tissue engineering for creating functional organs. The regenerative medicine field has rapidly expanded, contributing to the overall growth of the microscopy market. This growth aligns with the continuous advancements in nanotechnology and regenerative medicine.

Recent software and graphics processing advancements have revolutionized our ability to visualize samples with remarkable clarity and precision. Thanks to these technological strides, the capacity to record, store, and analyze the generated data has soared. Manufacturers are diligently pursuing strategies to maximize the information extracted from samples, and a standout method is confocal laser scanning microscopy, renowned for its prowess in accurate 3D-resolved fluorescence imaging.

Key industry players like Olympus, Nikon, Oxford Instruments, KEYENCE, and Vision Engineering are enhancing microscopy hardware, integrating extensive software solutions, and increasingly incorporating deep learning methods. This innovation in

microscopy is not just a technological leap; it's a paradigm shift. As a result, the demand for cutting-edge microscopy solutions is soaring, propelling the microscopy market to new heights during the forecast period. Embrace the future of more precise, more insightful imaging.

Industry Spotlight

  • In May 2022, scientists at Columbia University in New York City developed a speedy 3D microscope for real-time imaging inside the body, aiding in disease diagnosis, including cancers.
  • In April 2022, Thermofisher Scientific Inc. revealed a state-of-the-art cryo-transmission electron microscope at the Centre for Cellular and Molecular Biology (CCMB). This cutting-edge tool accelerates scientists' efforts in potential cures, drug discoveries, and diagnostic research.
  • A report from March 23 highlights substantial growth prospects for the cryo-electron microscopy (cryo-EM) industry. This expansion is fueled by increased use in fields like drug discovery, structural biology, and material science. Advanced technologies, such as automated sample preparation and improved electron microscopes, are set to drive industry growth. Moreover, heightened government funding and the growing adoption of cryo-EM in academic and industrial spheres are pivotal factors propelling the industry's expansion.

Related Reports:

  • Fluorescence Lifetime Imaging Microscopy Market: The global fluorescence lifetime imaging microscopy market size was reached at USD 300 million in 2022 and it is expected to be worth around USD 534.22 million by 2032, expanding at a CAGR of 5.94% during the forecast period from 2023 to 2032.
  • Electron Microscopy Market: The global electron microscopy market size was estimated at USD 3.94 billion in 2022 and it is expected to hit over USD 8.67 billion by 2032, poised to grow at a CAGR of 8.4% during the forecast period from 2023 to 2032.
  • Ophthalmic Microscopes Market: The global ophthalmic microscopes market size was valued at USD 710.33 million in 2022 and it is projected to be worth around USD 1,592.77 million by 2032, growing at a compound annual growth rate (CAGR) of 8.41% throughout the projection period 2023 to 2032.

Market Key Players:

  • Zeiss Group
  • Bruker Corp.
  • CAMECA
  • Hitachi High-Tech Corp.
  • JEOL Ltd.
  • Oxford Instruments (Asylum Corporation)
  • Thermo Fisher Scientific, Inc.
  • Nikon Corp.
  • Olympus Corp.
  • NT-MDT SI

Company Synopsis:

  • JEOL Ltd.

JEOL Ltd, a leading provider of electron optical equipment and instrumentation, specializes in manufacturing, marketing, and researching scientific, metrology, semiconductor, industrial, and medical equipment. They focus on delivering high-quality solutions for scientific and industrial research and development.

On October 23, in a significant move, JEOL, a renowned Japanese manufacturer, selected Pittsburgh as the ideal location to unveil its state-of-the-art JAM-5200EBM Electron Beam-Powder Bed Fusion system. This marks the first time the cutting-edge technology has been stationed outside Japan. The world-renowned precision equipment manufacturer introduced the innovative system at Cumberland Additive's facility in Neighborhood 91, situated on the campus at Pittsburgh International Airport.

  • Nikon Corp.

Nikon, a Japanese multinational corporation headquartered in Tokyo, specializes in creating and marketing optics and imaging products. The various companies under Nikon collectively constitute the Nikon Group.

On September 23, Nikon Corporation introduced the "ECLIPSE Ji," an intelligent imaging system leveraging AI for automated acquisition and analysis of cellular images. This digital inverted microscope, designed without eyepieces, aims to streamline research workflows related to cancer and nerve diseases. The system, available for purchase from September 8, incorporates the NIS-Elements SE imaging software (to be released alongside "ECLIPSE Ji"), facilitating standardized assays for image acquisition, analysis, and data display.

  • Olympus Corp

Olympus Corp specializes in precision machinery and instruments for optics and digital technology. The company, known for its contributions to medical, healthcare, imaging, information, and various industrial markets, engages in developing, manufacturing, and commercializing innovative equipment and devices.

On June 6, 2023, Olympus Corporation, a global medical technology company dedicated to enhancing people's lives, announced the market availability of its latest electrosurgical generator. This device is designed to treat bladder cancer and enlarged prostate, reflecting Olympus's commitment to promoting health, safety, and fulfillment in people's lives.

Market Segmentation

By Type

  • Microscopes
  • Accessories
  • Software

By Application

  • Semiconductor & Electronics
  • Healthcare & Life Sciences
  • Clinical Diagnostics
  • Drug Discovery & Development
  • Pharma-biopharma Manufacturing
  • Other Healthcare Applications
  • Materials Science
  • Others

By Product

  • Optical Microscopes

    • Upright
    • Inverted
    • Stereomicroscopes
    • Phase Contrast
    • Fluorescence
    • Confocal Scanning
    • Near Field Scanning
    • Other
  • Electron

    • Scanning Electron
    • Transmission
  • Digital Microscopes
  • Compound Microscopes
  • Confocal Microscopes
  • Stereo Microscopes
  • Other

By End User

  • Industries

    • Electronics and Semiconductor Industry
    • Healthcare Industry
    • Food & Beverages Industry
    • Other
  • Academic & Research Institutes
  • Other

By Geography

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East & Africa (MEA)

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