New York, April 14, 2023 (GLOBE NEWSWIRE) -- According to Market.us, The global electron microscope market is estimated to be valued at USD 8.4 billion by 2032 from USD 3.9 billion in 2022 and is expected to exhibit a CAGR of 8.14% during the forecast period 2023 to 2032. Electron microscopes use a beam of electrons that is focused and directed onto the specimen. They are used for imaging and analyzing biological samples, materials samples, and nanoscale structures, among other things. As a result of the COVID-19 pandemic, there has been an increase in the use of electron microscopes in several aspects, including research into the virus, drug discovery, and vaccine development.
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Key Takeaway:
- By type, in 2022, the Electron Microscope market was dominated by the scanning electron microscope segment due to its increased usage in the fields of material science, biology nanotechnology, etc.
- By application, the material science segment dominated the largest market share in application type analysis and accounted for the largest revenue share in the Electron Microscope market in 2022.
- In 2022, Asia-Pacific dominated the market with the highest revenue share of 34.8%.
- North America is anticipated to have the highest CAGR among all the regions.
Factors affecting the growth of the Electron Microscope industry?
- There are several factors that can have an impact on the growth of the Electron Microscope industry. Some of these factors include:
- Technological advancements: Advances in electron optics, detector technology, and computational methods have greatly improved the performance and resolution of electron microscopes, enabling researchers to better understand and manipulate materials and biological systems at the nanoscale.
- Research and development: Ongoing research and development efforts by manufacturers and researchers are essential for improving the quality and performance of electron microscopes. This, in turn, drives demand and growth in the industry.
- Government and private sector investment: Investment from governments and private sector organizations can greatly impact the growth of the electron microscope industry, as funding for research, development, and infrastructure can enable manufacturers to develop new products and expand their operations.
- Market demand: The demand for electron microscopes is driven by a range of industries, including materials science, life sciences, and semiconductors. As research in these areas expands, so too does demand for electron microscopes.
- Competition: Competition among manufacturers drives innovation and can result in better products at lower prices, ultimately leading to increased adoption of electron microscopes across various industries.
- Education and training: Education and training in electron microscopy are essential for fostering a skilled workforce and advancing research. Investment in education and training programs can improve the uptake of electron microscopes and contribute to growth in the industry.
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Market Growth
The prevalence of chronic diseases like cancer is rising, which has increased demand for cutting-edge diagnostic equipment like electron microscopes. The market for electron microscopes has been significantly driven by both public and private sector spending in R&D. The financing that research institutions and businesses receive for equipment upgrades and research initiatives increases the need for electron microscopes.
Regional Analysis
With the greatest market share of 34.8% in the global market for electron microscopes, Asia-Pacific is predicted to be the most lucrative region, and it is anticipated that throughout the forecast period, it would grow at an 8.4% CAGR. However, it is anticipated that North America would have the quickest rate of growth in the regional market for electron microscopes. The increased acceptance of electron microscopy in a variety of sectors, including nanotechnology, life sciences, and the semiconductor industry, as well as the rising demand for cutting-edge materials and technologies, all occur throughout Asia-Pacific. The biggest markets in the Asia-Pacific area include China, Japan, India, and South Korea.
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Scope of the Report
| Report Attribute | Details |
| Market Value (2022) | USD 3.9 Billion |
| Market Size (2032) | USD 8.4 Billion |
| CAGR (from 2022 to 2032) | 8.14% |
| Asia-Pacific Revenue Share | 34.8% |
| Historic Period | 2016 to 2022 |
| Base Year | 2022 |
| Forecast Year | 2023 to 2032 |
Market Drivers
Continuous technological developments in the electron microscope include the creation of greater resolution and quicker imaging capabilities. The accuracy and precision of electron microscopes have improved as a result of these developments, increasing their appeal to a larger range of researchers and companies. In order to do research in materials science and nanotechnology, electron microscopes are a crucial tool. The market for electron microscopes is anticipated to rise along with the demand for materials science and nanotechnology research. To examine the structure and operation of cells and biological substances, electron microscopes are also utilized in the life sciences and pharmaceutical industries.
Market Restraints
The cost of an electron microscope can range from tens of thousands to millions of dollars, depending on its features and design. For smaller research organizations, the high cost of electron microscopes can be a barrier to entry. Using an electron microscope can be difficult and time-consuming, and it requires trained workers.
Market Opportunities
Significant prospects for expansion are presented by improvements in electron microscope technology, including the creation of novel imaging techniques, enhanced resolution, and faster imaging rates. Cooperation and partnerships with universities, research organizations, and other industry actors can open up new possibilities for development. These partnerships can aid manufacturers in discovering fresh uses and applications for electron microscopes, opening up fresh routes of distribution, and stimulating innovation.
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Report Segmentation of the Electron Microscope Market
Type Insight
The market for electron microscopes is divided into two types based on type: scanning electron microscopes and transmission electron microscopes. With a predicted CAGR of 8.3%, the scanning electron microscope is the type that currently dominates the worldwide electron microscope market. A concentrated electron beam is used in an electron microscope, a form of scanning electron microscope (SEM), to produce high-resolution, three-dimensional photographs of a sample's surface. Several disciplines, including materials science, biology, geology, and nanotechnology, can benefit from the usage of SEM pictures.
Application Insight
Since electron microscopes are widely utilized for the characterization and study of diverse materials at the nanoscale level, the materials science segment is the market's largest application section. While creating new materials with special features, materials scientists utilize electron microscopes to analyze the structure, makeup, and characteristics of existing materials including metals, ceramics, and polymers.
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Market Segmentation
Based on Type
Based on Application
- Life Science
- Material Science
- Nanotechnology
- Semiconductors
- Others
By Geography
- North America
-
- The US
- Canada
- Mexico
- Western Europe
-
- Germany
- France
- The UK
- Spain
- Italy
- Portugal
- Ireland
- Austria
- Switzerland
- Benelux
- Nordic
- Rest of Western Europe
- Eastern Europe
-
- Russia
- Poland
- The Czech Republic
- Greece
- Rest of Eastern Europe
- APAC
- China
- Japan
- South Korea
- India
- Australia & New Zealand
- Indonesia
- Malaysia
- Philippines
- Singapore
- Thailand
- Vietnam
- Rest of APAC
- Latin America
-
- Brazil
- Colombia
- Chile
- Argentina
- Costa Rica
- Rest of Latin America
- Middle East & Africa
-
- Algeria
- Egypt
- Israel
- Kuwait
- Nigeria
- Saudi Arabia
- South Africa
- Turkey
- United Arab Emirates
- Rest of MEA
Competitive Landscape
Major players are continuously working towards the development of new-generation technologies. For example, in 2020, Thermo Scientific Verios 5 G4 scanning electron microscope, which offers superior automation and imaging capabilities for high-resolution imaging and analysis of complex samples, was introduced by Thermo Fisher Scientific Inc.
Some of the major players include:
- Thermo Fisher Scientific Inc.
- JEOL Ltd.
- Bruker Corporation
- Hitachi High-Technologies Corporation
- Carl Zeiss AG
- Leica Microsystems
- Olympus Corp.
- Nikon Instruments Inc.
Recent Development of the Electron Microscope Market
- In 2021, JEOL Ltd. launched the JEM-F2800 low-temperature electron microscope, which enables high-resolution imaging of biological specimens at cryogenic temperatures. The JEM-F2800 also features advanced detectors for enhanced sensitivity and imaging speed.
- In 2021, Carl Zeiss AG launched the ZEISS GeminiSEM 560 scanning electron microscope, which features advanced imaging and analysis capabilities for materials science, life sciences, and semiconductor research. The GeminiSEM 560 also features advanced automation and imaging software for efficient and reliable data analysis.
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