Flow Imaging Microscopy Market Research Report, Market size, Business Growth, Career Opportunities, Industry Trend, Forecast 2025

Flow Imaging Microscopy Market size is projected to reach USD 45 million by 2025 from USD 32 million in 2020, growing at a CAGR of 7.4%. Increasing research activities in the field of nanotechnology, increasing investments in pharmaceuticals, stringent regulatory guidelines for product quality across industries are some of the key factors driving the flow imaging microscopy market. However, technological limitation hinder the growth of this market.

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Driver: Increased investments in pharmaceutical

Pharmaceutical and biotechnology companies are making significant investments in research to meet the growing needs of the healthcare sector. For instance, According to 2019 Pharmaceutical Research and Manufacturers of America (PhRMA) member annual survey, in 2018 its member companies invested a USD 79.6 billion in research and development (R&D).Moreover, collaborations between pharma companies and healthcare stakeholders for R&D into therapeutics will also stimulate the use of lab automation., hence exceeding the production levels this will likely to drive the demand of flow imaging microscopy market.

Restraints: Technological limitations

The major drawback of flow imaging microscopy is that particle size is limited to the flow cell depth. Thus, only particles within a certain range can be characterized using single magnification/flow cell depth combination. This could pose bottlenecks in processes wherein samples contain varying sizes of particles, thereby affecting the process as a whole. Such limitations of flow imaging microscopy can be expected to affect market growth during the forecast period.

Opportunities: Growing opportunities in emerging countries

Emerging markets are expected to offer significant growth opportunities to flow imaging microscopy product manufacturers and distributors during the forecast period. This can be attributed to the growing number of research activities in the field of nanotechnology, increasing R&D initiatives, and the rising focus of key market players in this region. Market growth across emerging countries is further supported by improvements in healthcare infrastructures, growing healthcare expenditure, and the availability of flow imaging microscopy manufacturers. This offer a lucrative opportunity for flow imaging microscopy.

Challenges: Lack of well-established distribution networks among SMEs

There are several small and medium-sized organizations offering niche technologies. SMEs, in particular, are facing issues in the marketing and distribution of instruments owing to budgetary constraints. This may adversely affect their revenues and survival in the market. This create an challenge flow imaging microscopy.

The large biomolecule segment accounted for the largest share of the flow imaging microscopy market, by technology, in 2019

Based on sample type, the market is segmented into large biomolecules, small biomolecules, microfibers & nanofibers, liquid & viscous samples, and other samples. The large biomolecule segment accounted for the largest share of the flow imaging microscopy market in 2019, driven by the growing regulatory recommendations to analyze subvisible particles in biologics to maintain the safety and efficiency of final products.

Wet dispersion is the fastest growing segment during the forecast period

Based on sample dispersion, the imaging market is segmented into two major types—wet and dry. Rising applications of nanoparticles, and increasing research & development activities in the pharma & biotechnology industries for the development of novel drugs are the key factors contributing to the high growth rate of the wet dispersion market segment.

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The North American region accounted for the largest share of the flow imaging microscopy market in 2019.

The flow imaging microscopy industry is segmented into five regional segments, namely, North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. The North American region accounted for the largest share of the flow imaging microscopy market in 2019. Presence of a large customer base in the region. Significant funding for nanotechnology development and strict industrial regulations for flow imaging microscopy for pharmaceutical drugs and food products with respect to drug development and quality control are some of the major factors driving the growth of this market

Key Market Players

The major players operating in the global flow imaging microscopy market include Bio-Techne (US), Yokogawa Electric Corporation (Japan), Microtrac MRB (Germany), Micromeritics Instrument Corporation (US), Fritsch (Germany), Haver & Boecker (Germany), Spectris (UK), HORIBA (Japan),Shimadzu Corporation (Japan), (Germany), Anton Paar (Austria), Bettersize Instruments (China), and Occhio (Germany).

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