Microscopy Market is Expected to Reach $5,756.0 Million by 2019 - New Research Report by MarketsandMarkets
(PRWEB) February 02, 2015 -- The global microscopy market is poised to reach $5,756.0 million by 2019 from $4,065.8 million in 2014, at a CAGR of 7.2% from 2014 to 2019. The global microscopy market is segmented on the basis of products, applications, end users and regions.
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By type of product, the market is categorized into optical microscopes, confocal microscopes, electron microscopes and scanning probe microscopes. The optical microscopy segment is further divided into fluorescence microscopy (FM) and super-resolution microscopy. The sub-segments of fluorescence microscopy included in this report are total internal reflection fluorescence microscopy (TIRF), fluorescence resonance energy transfer (FRET), fluorescence recovery after photo-bleaching (FRAP) and fluorescence lifetime imaging microscopy (FLIM).
The super-resolution microscopy segment is divided into stochastic optical reconstruction microscopy (STORM), structured illumination microscopy (SIM), stimulated emission depletion microscopy (STED), coherent anti-strokes Raman scattering microscopy (CARS), photo-activated localization microscopy (PALM), and reversible saturable optical fluorescence transitions (RESOLFT). The confocal microscopy segment is divided into multi-photon microscopy and confocal disk spinning microscopy. The electron microscopy segment is further categorized into transmission electron microscopy (TEM) and scanning electron microscopy (SEM). The scanning probe microscopy segment is divided into scanning tunneling microscopy (STM), atomic force microscopy (AFM), and near-field scanning optical microscopy (NSOM).
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The microscopy applications market is divided into semiconductors, life sciences, nanotechnology, and material science. Nanotechnology is the fastest growing application, while semiconductors form the largest application segment.
On the basis of end users, the microscopy market is classified into academic institutes, industries, and others (government research institutes and private laboratories). Academic institutes are the major end user of the microscopy market.
North America and Europe are established markets for microscopy; however, developing regions such as the Middle East, Asia (China and Japan), and Pacific countries, are expected to witness a higher growth rate. The rising worldwide focus on nanotechnology and favorable government and corporate funding are the major drivers for the market. Technological advancements like high-throughput techniques, super resolution, digitization of microscopes, and spending power of consumers in the developing regions are also driving market growth.
The super resolution microscopy and electron microscopy market segments are estimated to witness tremendous growth in the next five years. Factors such as technologically advanced super-resolution microscopes, high throughput techniques, live-cell imaging, and digitization of microscopes are expected to fuel the growth of the microscopy market.
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Technological advancements such as super-resolution microscopy, high-throughput techniques, live-cell imaging, and digitization of microscopes are revenue-generating pockets for the microscopy market. China, India, Brazil, and Middle East are also revenue pockets for market players, due to growing R&D initiatives and academic excellence.
The microscopy market is dominated by established players such as Carl Zeiss (Germany), Leica Microsystems (Danaher Corp.) (U.K.), Nikon Corporation (Japan), FEI Co. (U.S.), and Olympus Corporation (Japan).
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