Microscope Market Size, Share, Trends | Report 2022, 2028

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Microscope Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Product Type (Optical Microscopes, Electron Microscopes, and Others), Application (Material Science, Nanotechnology, Life Sciences, Semiconductors, and Others), and End User (Industries, Academic & Research Institutes, and Others)

Publication Month: Sep 2022 | Report Code: TIPRE00029683 | No. of Pages: No. of Pages257 | Category: Medical Device | Status: Published

The microscope market is expected to grow US$ 20,500.98 million by 2028. It is estimated to grow at a CAGR of 7.3% from 2022 to 2028.

The development of novel microscopes acts as a standalone factor driving the overall microscope market. Further, the high price of advanced microscopes acts as a restraining factor for the overall market.

High resolution, live-cell imaging, and digitalization are a few technological advancements in the microscope field. A few new enhanced microscopes include expansion microscopes, scanning helium microscopes, multi-view microscopes, and integrated microscopy workflows. In September 2020, researchers from the University of Hong Kong in collaboration with Biefield University developed a compact laser microscope. The microscope is stable and generates less noise than customary designs. Also, it does not require fluorescent markers to obtain images of cell molecules, eliminating the potential of label-induced toxicity.

Strategic Insights

Report Coverage - Microscope Market
Report CoverageDetails
Market Size Value inUS$ 12,568.28 Million in 2021
Market Size Value byUS$ 20,500.98 Million by 2028
Growth rateCAGR of 7.3% from 2022 to 2028
Forecast Period2022-2028
Base Year2021
No. of Pages257
No. of Tables138
No. of Charts & Figures85
Historical data availableYes
Segments coveredProduct Type, Application, and End User
Regional scopeNorth America; Europe; Asia Pacific; Latin America; MEA
Country scopeUS, UK, Canada, Germany, France, Italy, Australia, Russia, China, Japan, South Korea, Saudi Arabia, Brazil, Argentina
Report coverageRevenue forecast, company ranking, competitive landscape, growth factors, and trends
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Significant advances have been made in the field of neuroscience. For instance, in December 2020, a group of researchers at the Center for Molecular Spectroscopy and Dynamics within the Institute of Basic Science (IBS) in Seoul made a breakthrough in deep-tissue optical imaging. They developed an enhanced optical microscope that can form an image through an intact mouse skull and acquire a microscopic map of neural networks in the brain tissues without losing spatial resolution. Researchers named it a reflection matrix microscope, which combines the powers of hardware and computational adaptive optics.

Lucrative Regions for Microscope Market 

Lucrative Regions for Microscope Market 

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In May 2022, the Department of Energy's Oak Ridge National Laboratory announced that its researchers are teaching microscopes to drive discoveries with an intuitive algorithm developed at the lab's Center for Nanophase Materials Sciences, which can guide breakthroughs in new materials for energy technologies, sensing, and computing. The study results demonstrated faster results than conventional workflows and represented a new direction in smart automation.

According to Nature Machine Intelligence, the intuitive algorithm approach combines physics and machine learning to automate microscopy experiments designed to study materials’ functional properties at the nanoscale. In addition, the digital microscope, including an LED screen instead of an eyepiece, is gaining traction in the market.

  • In November 2021, Vision Engineering announced the launch of VE Cam, a simple-to-use compact digital microscope, in Productronica 2021 in Munich. The product VE Cam is available in two variants—VE Cam 50 (50mm FOV) and VE Cam 80 (80mm FOV) with different fields of view (FOV). The microscope offers the power, speed, and efficiency of digital imaging in a compact package.
  • In February 2021, ZEISS launched ZEISS Visioner 1, an innovative digital microscope enabling all-in-one focus in real-time.

These factors accelerate the demand for microscopes, ultimately fueling the growth of the overall market during the forecast period.

The high price of advanced microscopes acts as a significant restraint for the market. Due to technological advancements, conventional microscopes are being replaced by high-end microscopes, such as electron microscopes, scanning probe microscopes, and digital microscopes. Advanced microscopes are highly-priced due to their enhanced feature, higher resolution, and magnification power. For instance, the cost of an electron microscope is high due to in-built electrons, which enhance the level of the screen with the help of beams and make the image realistic, restraining its widespread adoption. Depending on the type, configuration, components, resolution, and other essential factors, the microscope can cost up to US$ 75,000–US$ 10,000,000. Thus, small and medium healthcare research institutions and small-scale academic institutions in developing countries cannot afford to use advanced microscopes. Therefore, the high cost of advanced microscopes hinders the microscope market growth.

Microscope Market - Regional Overview

China holds a considerable share in the Asia Pacific microscope market. As China moves ahead in microbiology and molecular science fields, the demand for high-end, super-resolution optical microscopes has surged, and the country has become a large consumer of optical microscopes. However, high-end microscopes depend on imports, and the country had to import most of the core components for these powerful microscopes. Thus, super-resolution optical microscopes and their key components had been a bottleneck restricting the research in biological science in China. Although in December 2018, the project, "Development of Core Components and Systems of Super-Resolution Optical Microscopes," succeeded in Suzhou Institute of Biomedical Engineering and Technology (SIBET), Chinese Academy of Sciences (CAS), and after 5 years of research, the SIBET scientists broke through the key technologies.

Additionally, the increasing usage of various microscopy techniques will also help the market grow in the future. TEM has become a great analytical tool for materials science. Shanghai Institute of Ceramics, Chinese Academy of Sciences (SICCAS) was among the first institutions in China to use TEMs in materials research. The main work was to provide structural analysis services for the research groups in the institute and minorly for exterior institutions or companies. These all are likely to contribute to the rise in the adoption of the microscope in the near future.

Microscope Market - Product Type Insights

Based on product type, the microscope market is segmented into optical microscopes, electron microscopes, and others. The optical microscope segment is sub-segmented into confocal, stereo, digital, and others. Further, the electron microscope segment is bifurcated into scanning and transmission electron microscopes. The electron microscope held the largest market share in 2021. Furthermore, the same segment is anticipated to register the highest CAGR during the forecast period. According to The University of Waikato report, an electron microscope uses a beam of electrons rather than visible light to illuminate the sample. These microscopes focus on the electron beam using electromagnetic coils instead of glass lenses (similar to a light microscope) because electrons do not pass through glass. However, an electron microscope enables researchers to look in far more detail at objects than a light microscope. For example, an electron microscope can detect objects that are approximately 1/12th of a nanometer (10-9) in size; it is efficient to visualize objects as small as viruses, molecules, or atoms. Thus, these factors are responsible for accelerating the uptake of electron microscopes, ultimately driving the overall microscope market growth during the forecast period.

Microscope Market, by Product Type – 2021 and 2028

Microscope Market, by Product Type – 2021 and 2028

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Companies operating in the microscope market adopt the product innovation strategy to meet the evolving customer demands worldwide, which also permits them to maintain their brand name in the market.

Microscope Market – Segmentation

Based on the product type, the microscope market is segmented into the global microscope market is segmented into optical microscopes, electron microscopes, and others. The optical microscope segment is sub-segmented into confocal, stereo, digital, and others. Further, the electron microscope segment is bifurcated into scanning and transmission electron microscopes. Based on the application, the market is segmented into material science, nanotechnology, life sciences, semiconductors, and others. Based on end user, the market is segmented into industries, academic & research institutes, and others. Based on geography, the microscope market is segmented into North America (the US, Canada, and Mexico), Europe (the UK, Germany, France, Italy, Spain, and the Rest of Europe), Asia Pacific (China, Japan, India, Australia, South Korea, and the Rest of Asia Pacific), the Middle East & Africa (the UAE, Saudi Arabia, South Africa, and the Rest of the Middle East & Africa), and South & Central America (Brazil, Argentina, and the Rest of South & Central America).

Some of the companies present in the market are ZEISS GROUP, Bruker Corporation, Leica Microsystems, Nikon Corporation, Hitachi High-Tech Corporation, Olympus Corporation, ACCU-SCOPE, Thermo Fischer Scientific Inc., Euromex Microscopen bv, Oxford Instruments, COXEM Co. Ltd., KLA Corporation, and UNITRON.

Frequently Asked Questions

Microscope is defined as an instrument that can observe small objects, even cells. With time, technological innovations have made the microscope easier to use and improved image quality.
Growing range of applications of microscope and development of novel microscopes are the most significant factors responsible for the overall market growth.
Based on product type, the electroscope segment took the forefront leaders in the worldwide market by accounting largest share in 2021 and is expected to continue to do so during the forecast period.
Based on the application, life sciences segment took the forefront leaders in the worldwide market by accounting largest share in 2021. However, nanotechnology segment accounts for maximum CAGR during the forecast period of 2022-2028.
The industries segment dominated the global microscopes market and accounted for the largest market share of 60.64% in 2021.
ZEISS GROUP, Bruker Corporation, Leica Microsystems, Nikon Corporation, Hitachi High-Tech Corporation, Olympus Corporation, ACCU-SCOPE, Thermo Fischer Scientific Inc., Euromex Microscopen bv, Oxford Instruments, COXEM Co., Ltd., KLA Corporation, and UNITRON are among the leading companies operating in the microscopes market.
Global microscopes market is segmented by region into North America, Europe, Asia Pacific, the Middle East & Africa, and South & Central America. In North America, the U.S. held the largest market for microscopes market in 2021. According to the American University report in 2019, in the rapidly evolving field of microscopy, the scanning electron microscope (SEM), and transmission electron microscope (TEM) are gaining popularity in ongoing research projects in the US. Such factor acts as a standalone factor responsible for the overall market growth of microscope in the US during the forecast period of 2022-2028.

The List of Companies - Microscope Market

  1. Carl Zeiss AG
  2. Bruker Corporation
  3. Leica Microsystems
  4. Nikon Corporation
  5. Hitachi High-Tech Corporation
  6. Olympus Corporation
  7. ACCU-SCOPE
  8. Thermo Fisher Scientific Inc.
  9. Euromex Microscopen bv
  10. Oxford Instruments
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the microscope market.
  • Highlights key business priorities in order to assist companies to realign their business strategies.
  • The key findings and recommendations highlight crucial progressive industry trends in the microscope market, thereby allowing players across the value chain to develop effective long-term strategies.
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
  • Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
  • Enhancing the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing and distribution.
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