Technological Advancements Such As Super Resolution and High Throughput Techniques and Emerging Countries like China, India, Brazil, and Middle East Are New Revenue Pockets for the Microscopy Market

The global microscopy market is segmented on the basis of products, applications, end users, and regions. By type of product, the market is categorized into optical microscopes, confocal microscopes, electron microscopes, and scanning probe microscopes. The optical microscopes segment is further divided into fluorescence microscopes and super-resolution microscopes. The confocal microscopes segment is divided into multi-photon microscopes and confocal disk spinning microscopes. The electron microscopes segment is further categorized into transmission electron microscopes and scanning electron microscopes). The scanning probe microscopes segment is divided into scanning tunneling microscopes, atomic force microscopes, and near-field scanning optical microscopes. The electron microscopy segment is expected to account for the largest share of the microscopy products market in 2016. This large share can be attributed to the growing demand for electron microscopes in semiconductors and electronics.

The microscopy applications market is divided into semiconductors, life sciences, material sciences, and nanotechnology. Nanotechnology is the fastest growing application, while semiconductors form the largest application segment in 2016.

On the basis of end users, the microscopy market is classified into academic institutes, industries (pharmaceutical & biotech, material sciences, natural resources, and semiconductor), and other end users (such as government research institutes and private laboratories). Academic institutes are the major end user of the microscopy market in 2016.

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 for R&D activities 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 microscopes and electron microscopes market segments are estimated to witness tremendous growth from 2016 to 2021. 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. However, factors such as the high cost of advanced microscopes, implementation of excise tax by the U.S. government, and high custom duty charged on medical devices are restraining the growth of this market.