Microscope Market Size, Share & Trends Report

Microscope Market Size, Share & Trends Analysis Report By Product (Optical, Electron, Scanning Probe), By Application (Material Science, Nanotechnology, Life Science, Semiconductors), By Region, And Segment Forecasts, 2021 - 2027

  • Published Date: Jan, 2021
  • Base Year for Estimate: 2020
  • Report ID: 978-1-68038-033-0
  • Format: Electronic (PDF)
  • Historical Data: 2016 - 2019
  • Number of Pages: 140

Report Overview

The global microscope market size was valued at USD 9.5 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 7.9% from 2021 to 2027. Growing applications and high demand for technologically advanced magnification devices are the factors driving the market. High demand from the healthcare sector and the rapidly growing semiconductor industry are some of the factors boosting the market growth. Moreover, the establishment of microscopy to promote research activities is contributing to the increase in the demand for microscopes.

U.S. microscope market size, by product, 2016 - 2027 (USD Billion)

The development of technically advanced products with capabilities such as faster performance and easy sample preparation techniques are expected to boost the penetration of microscopes in the market. Furthermore, technical advancement to integrate with display modalities to display images in high definition and 3-dimensional views are expected to boost the demand for microscopes during the forecast period.

The advent of advanced technologies such as the internet of things (IoT), deep learning, and extended ultraviolet lithography (EUVL) is contributing to the growth of the industry. IoT generates demand for memory, connectivity, sensors, and microcontrollers, using the neural networks for analyzing data improve the manufacturing of Integrated Circuits (ICs), and EUVL contributes to high-end computing chip manufacturing. Electron microscopy provides high-resolution imaging and enables a wide evaluation range from packaged devices to the atomic level gate structure. Electron beam-based systems have applications in analyzing device failure sources to improve the manufacturing process.

Increasing focus on R&D for applications such as neuroscience, life sciences, nanotechnology, and semiconductor is expected to increase the adoption rate of super-resolution microscopes. These microscopes provide image resolution as high as 10 nm, which is necessarily required while investigating cell signaling pathways and studying cancer cell proliferation.

One of the major uses of microscopes extends in surgical interventions. Surgical procedures related to cancers and neurosciences have a high demand for magnified imaging systems to increase procedural success. Major market players are focusing to develop dedicated offerings related to microsurgeries including the spine, cranial, and other multi-disciplinary surgeries.

Product Insights

The electron microscope segment dominated the market and captured the largest revenue share of 42.0% in 2020. Electron microscopes in contrast to optical microscopes use an accelerated electron beam as the source of illumination. The shorter wavelength of electrons as compared to visible light results in the high resolving power of electron microscopes. Industries and established research laboratories are among the end-users of electron microscopes, as the cost of these microscopes is relatively high as compared to optical microscopes. The market penetration of electron microscopes is expected to increase due to the association between manufacturers and academic/research organizations.

The scanning probes microscope segment is expected to show the fastest growth during the forecast period owing to its ability to visualize subcellular components. The growing number of applications and rapid technological advances are the factors driving the growth of scanning probe microscopes. SPMs are used in fields such as natural surface topography, study nanostructures including integrated circuits and diffraction grating, and biological materials including DNA and cell membranes. In addition, the manufacturing industries, such as microelectronics, automotive, aerospace, and medical device manufacturers utilize these instruments to monitor the entire production process, enhance the output & quality, and reduce costs. The introduction of novel techniques, such as piezoelectric techniques, to view the specimen accurately at standard temperature and pressure is expected to drive the market during the forecast period.

Optical technology-based products are widely used in academic and life science research institutes for cellular or subcellular imaging. The increasing number of academic institutions is fueling the demand for optical devices.

Application Insights

The life science segment dominated the market and accounted for the largest revenue share of more than 30.0% in 2020. The instrument used in the life sciences studies includes compound microscopes, such as upright, inverted, and fluorescence; laser microdissection, and digital microscopes. The usage of microscopes with high magnification such as atomic force and electron microscopy is significantly increasing in order to observe genetic structures of viruses and bacteria. In addition, growing applications in the diagnosis of diseases is spurring the growth of the market.

Global microscope market share, by application, 2020 (%)

The nanotechnology industry is one of the fastest-growing industries. A large number of investments in nanotechnology research and developments and thereby expanding the scope of this application is expected to fuel the demand for these devices in the near future.

Material sciences include microscopes that are required to understand properties, atomic and subatomic structures, and associated functions. A wide range of microscopes from compound to highly efficient electron microscopes is used based on the degree of magnification required.

This material sciences segment also includes applications in chemistry and solid-state physics along with industrial applications, such as inspection of metallic, ceramic, and polymeric surfaces for different industries.

Regional Insights

Asia Pacific dominated the microscope market and captured the largest revenue share of more than 35.0% in 2020. The presence of giant players 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 constantly increasing number of healthcare facilities, increasing demand for diagnostic centers, and growing R&D projects are anticipated to maintain the dominance of the market throughout the forecast period.

North America is also expected to gain significant market share over the forecast period. The presence of a large number of academic institutes, advanced healthcare infrastructure, and research and development (R&D) institutes are primarily driving the growth of the market. In addition, a significant number of market players are based in the U.S. Therefore, revenue generated by these players is contributing to the growth of the market in North America.

Latin America has been attracting the attention of major pharmaceutical and biotechnology companies for their clinical trial projects in the region because of the presence of a less stringent regulatory framework, easy availability of patient pool, and presence of advanced research infrastructure. The governments of several countries in the region have simplified the approval processes of conducting clinical trials, foreseeing the advantages of competitive clinical trials. As a result, higher demand for microscopes was observed in the region.

Key Companies & Market Share Insights

The market is highly fragmented with the presence of many local players competing with international players. Major market players implement the strategies such as mergers, acquisitions, and liaisons to expand their market share. Major players are more focused on the research and development of new products to remain competitive in the sector.

High R&D activities, global expansion strategies, wide product offerings, and frequent introduction of advanced versions of existing products are some of the strategies followed by major market players to maintain their dominance. Some of the prominent players in the microscope market include:

  • Carl Zeiss Meditec AG

  • Bruker Corporation

  • CAMECA

  • Thermo Fisher Scientific, Inc.

  • Nikon Corporation

  • Olympus Corporation

  • NT-MDT SI

  • Hitachi High-Tech Corporation

  • JEOL Ltd.

  • Oxford Instruments (Asylum Corporation)

Microscope Market Report Scope

Report Attribute

Details

Market size value in 2021

USD 10.3 billion

Revenue forecast in 2027

USD 16.2 billion

Growth Rate

CAGR of 7.9% from 2021 to 2027

Base year for estimation

2020

Historical data

2016 - 2019

Forecast period

2021 - 2027

Quantitative units                          

Revenue in USD million and CAGR from 2021 to 2027

Report coverage  

Revenue forecast, company share, competitive landscape, growth factors and trends

Segments covered

Product, application, region

Regional scope

North America; Europe; Asia Pacific; Latin America; Middle East & Africa

Country scope

U.S.; Canada; U.K.; Germany; France; Italy; Spain; China; India; Japan; Thailand; South Korea; Mexico; Brazil; Colombia; Argentina; South Africa; Saudi Arabia; UAE

Key companies profiled

Carl Zeiss Meditec AG; Bruker Corporation; CAMECA; Thermo Fisher Scientific, Inc.; Nikon Corporation; Olympus Corporation; NT-MDT SI; Hitachi High-Tech Corporation; JEOL Ltd.; Oxford Instruments (Asylum Corporation)

Customization scope

Free report customization (equivalent up to 8 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope.

Pricing and purchase options

Avail customized purchase options to meet your exact research needs. Explore purchase options


Segments Covered in the Report

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2016 to 2027. For the purpose of this study, Grand View Research has segmented the global microscope market on the basis of product, application, and region:

  • Product Outlook (Revenue, USD Million, 2016 - 2027)

    • Optical microscopes

      • Upright Microscopes

      • Inverted Microscopes

      • Stereomicroscopes

      • Phase Contrast Microscopes

      • Fluorescence Microscopes

      • Confocal Scanning Microscopes

      • Near Field Scanning Microscopes

      • Other Optical Microscopes

    • Electron microscopes

      • Transmission Microscopes

      • Scanning Electron Microscopes

    • Scanning probe microscopes

    • Other microscopes

  • Application Outlook (Revenue, USD Million, 2016 - 2027)

    • Material Science

    • Nanotechnology

    • Life Science

    • Semiconductors

    • Other Applications

  • Regional Outlook (Revenue, USD Million, 2016 - 2027)

    • North America

      • U.S.

      • Canada

    • Europe

      • U.K.

      • Germany

      • France

      • Italy

      • Spain

    • Asia Pacific

      • India

      • China

      • Japan

      • Thailand

      • South Korea

    • Latin America

      • Brazil

      • Mexico

      • Argentina

      • Colombia

    • Middle East & Africa

      • South Africa

      • Saudi Arabia

      • UAE

Frequently Asked Questions About This Report

gvr icn

GET A FREE SAMPLE

gvr icn

This FREE sample includes market data points, ranging from trend analyses to market estimates & forecasts. See for yourself...

gvr icn

NEED A CUSTOM REPORT?

We can customize every report - free of charge - including purchasing stand-alone sections or country-level reports, as well as offer affordable discounts for start-ups & universities.

Contact us now to get our best pricing.

BBB icon D&B icon

We are GDPR and CCPA compliant! Your transaction & personal information is safe and secure.