The North America optical microscopes market is expected to reach US$ 1,229.9 Mn in 2027 from US$ 815.3 Mn in 2018.The market is estimated to grow with a CAGR of 5% from 2019-2027.
The growth of the market is driven by the factors such as, to increasing advancement in nanotechnology and rising innovative product development However, the market is likely to get impacted due to limitations associated with optical microscopes in the region.
To gain a high number of market share companies are investing in the development of a new microscope. These microscopes are produced by keeping in consideration of the requirement from the end user. This technologically advanced product gives the company an edge over the competitor. The market is highly competitive, which requires continuous improvement in technology. Companies in the optical microscopes market are gradually focusing on software-based variation to remain competitive. Since the demand from the life sciences industry for research is rising, Olympus one of the player in optical microscope has launched the IXplore microscope range for modern laboratory life sciences and medical application requirements. This product comes with an automated imaging technology feature for accurate and efficient experiments and the IXplore Live feature for precise live cell imaging. Flinn Advanced Compound Microscopes that deliver high-quality optics launched by Flinn Scientific Inc. which are considered the best for advanced biological science courses and include easy-to-use software. Companies like Carl Zeiss, BioTek Instruments. Developing products with integrated automated platforms to increase their application in life science. Development of new advanced products with faster performance and easy sample preparation techniques are expected to boost product demand. Technical development to integrate with display modalities to display images in High Definition (HD) and 3-dimensional (3D) views are expected to increase the demand further.
US is expected to lead the market in the North America region owing to rapidly growing US biotechnology industry and growth in nanotechnology in the region. However, the country lags behind the other developed countries that can be a restrain to the market growth. Therefore, considering the above mentioned factors the growth of the market in the country is likely to contribute largest share in the North America region during the forecast period.
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NORTH AMERICA DIABETES CARE DEVICES – MARKET SEGMENTATION
By Product
- Inverted Microscope
- Stereo Microscope
- Digital Microscope
- Accessories
By End User
- Academics & Research Institute
- Diagnostic Laboratories
- Hospitals & Clinics
- Pharmaceuticals & Biotechnology Companies
By Geography
North America
- US
- Canada
- Mexico
Company Profiles
- Agilent Technologies, Inc
- Nikon Corporation
- Bruker
- JEOL Ltd,
- Leica Microsystems
- Olympus Corporation
- Carl Zeiss AG
- Accu-Scope Inc
- Ken-A-Vision, Inc.
- Crest Optics
- MEIJI TECHNO CO.
North America Optical Microscopes Report Scope
Report Attribute | Details |
---|---|
Market size in 2018 | US$ 815.3 Million |
Market Size by 2027 | US$ 1,229.9 Million |
Global CAGR (2019 - 2027) | 5% |
Historical Data | 2016-2017 |
Forecast period | 2019-2027 |
Segments Covered |
By Product
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
- Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
- PEST and SWOT Analysis
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