Wilmington, New Castle, Delaware, Jan. 22, 2024 (GLOBE NEWSWIRE) -- Allied Market Research published a report, titled, “Automated Microscopy Market by Product (Optical Microscope, Electron Microscope, and Scanning Probe Microscope), Application (Medical Diagnosis, Life Science Research and Drug Discovery and Development), End User (Diagnostic Laboratories, Research Laboratories, and Pharmaceutical Industry): Global Opportunity Analysis and Industry Forecast, 2023–2032". According to the report, the global automated microscopy market was valued at $7,102.4 million in 2022 and is estimated to reach $13,041.8 million by 2032, exhibiting a CAGR of 6.4% from 2022 to 2032.
Prime Determinants of Growth
The automated microscopy market has experienced significant growth attributed to high adoption of automated microscopes in research and rise in demand for automated microscopes for precise disease diagnosis.
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Report Coverage & Details:
| Report Coverage | Details |
| Forecast Period | 2023–2032 |
| Base Year | 2022 |
| Market Size in 2022 | $7,102.4 million |
| Market Size in 2032 | $13,041.8 million |
| CAGR | 6.4% |
| No. of Pages in Report | 240 |
| Segments covered | Product type, Application, End Use, and Region. |
| Drivers | Surge in adoption of automated microscope for research and development activities. |
| Growth in demand for automated microscopes in disease diagnosis. | |
| Opportunities | Integration of artificial intelligence in automated microscope. |
| Restraints | High cost of automated microscope. |
2023 Recession Impact Analysis
- The global recession has a significant impact on the automated microscopy market.
- The high inflation rate and the economic uncertainty have impacted the potential investment for new product development and research activities.
- However, the market for automated microscopy market is expected to recover owing to rise in the prevalence of cancer.
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The optical microscope segment to maintain its leadership status throughout the forecast period
Based on product type, the optical microscope segment held the highest market share in 2022, accounting for more than half of the automated microscopy market revenue, owing to cost efficiency and real-time imaging for dynamic processes and optical microscopy being non-destructive to biological samples. However, the electron microscope segment is expected to witness the fastest CAGR of 6.9% from 2023 to 2032, owing to ability of the electron microscope to produce extremely high-resolution images.
The medical diagnosis segment to maintain its leadership status throughout the forecast period
Based on application, the medical diagnosis segment held the highest market share in 2022, accounting for one-third of the automated microscopy market revenue. This is attributed to high adoption of automated microscopes to examine biological samples for diagnosis. However, the life science research segment is expected to witness the fastest CAGR of 6.9% from 2023 to 2032, owing to high research and development activity in the pharmaceutical field.
The diagnostic laboratories segment to maintain its leadership status throughout the forecast period
Based on end user, the diagnostic laboratories segment held the highest market share in 2022, accounting for one-third of the automated microscopy market revenue. This is attributed to surge in the prevalence of chronic diseases and rise in the need of automated microscopes for efficient disease diagnosis.
North America to maintain its leadership status throughout the forecast period
Based on region, North America held the highest market share in 2022, accounting for two-fifths of the automated microscopy market revenue. This is attributed to increase in demand for automated microscopes for healthcare research, and the strong presence of major key players.
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Leading Market Players:
- AGILENT TECHNOLOGIES, INC
- ETALUMA, INC.
- THERMO FISHER SCIENTIFIC
- BRUKER CORPORATION
- HORIBA SCIENTIFIC
- NIKON CORPORATION.
- CARL ZEISS AG
- HITACHI HIGH-TECHNOLOGIES
- OLYMPUS CORPORATION
- DANAHER CORPORATION
The report provides a detailed analysis of these key players in the automated microscopy market. These players have adopted different strategies such as product launch to increase their market share and maintain dominant shares in different regions. The report is valuable in highlighting business performance, operating segments, product portfolio, and strategic moves of market players to showcase the competitive scenario.
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About Allied Market Research:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains. AMR offers its services across 11 industry verticals including Life Sciences, Consumer Goods, Materials & Chemicals, Construction & Manufacturing, Food & Beverages, Energy & Power, Semiconductor & Electronics, Automotive & Transportation, ICT & Media, Aerospace & Defense, and BFSI.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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