Global Automated Microscopy Market: Snapshot
Microscopes are used to view items that are invisible to the naked eye and are thus used as scientific instruments for investigating and understanding the subject in question in a microscopic way. Automated microscopy adjusts and determines the light shutter, wavelength selection, focus and stage control, illumination source for live-cell imaging and software for live-cell imaging in an electromechanical way. Presently the global automated microscopy market is showing a steady growth rate due to the rapid technological advancements, increasing number of application areas and rising government funding in emerging application areas like nanotechnology. Owing to these reasons, the global market is projected to progress at a CAGR of 8.5% between 2016 and 2024. Analysts anticipate that the global market will be worth US$8.05 bn by the end of 2024 from at US$3.86 bn in 2015.
Increasing Funding for Nanotechnology Research Boosts Global Market
The increasing focus on nanotechnology research, which is heavily funded by corporate enterprises and governments, is enabling the purchase of advanced automated microscopes by various research institutes. The growth of this market is primarily attributed to increasing global funding towards major application areas, growing demand of advanced microscopes for more precise and high-resolution magnification, and increasing focus of various organizations on research and development activities.
The report states that the automated microscopy market has tremendous scope for growth and several lucrative opportunities in the emerging markets of Asia Pacific and North America due to growing acceptance of nanotechnology and miniaturized semiconductor industries. Countries such as China, India, Japan, Russia, the U.S., Canada, and Australia are expected to be major contributors to the overall market in the coming years. With the increasing development of nanotechnology and downsizing of semiconductor devices, the automated microscopy is set to improve in the coming years.
On the basis of application, the global automated microscopy market is segmented into medical diagnostic, nanotechnology, material science, life science, and semiconductors. Among the various application areas of microscopy devices, life sciences industry held the largest share in 2015 and is expected to lose it by a small margin by 2024. The factors responsible for this loss will be decreased government funding towards life sciences industry, which has resulted in the slow procurement of microscopy devices in the life sciences application market. However, this segment is still projected to dominate the global market in the coming years. The report also indicates that the nanotechnology, material sciences and semiconductors segments will show steady progress in the coming years.
Asia Pacific to Lead Global Market with Steady Government Support in the Region
Geographically, Asia Pacific accounts for the largest market share of approximately 38% in 2015 in the global automated microscopy devices market in 2015 followed by the North America region. The dominance of Asia Pacific region is attributable to the presence of a large number of manufacturers in this region particularly in Japan, favorable government support, and increasing number of contract manufacturing organizations. In addition, cost-effective manufacturing of devices and components, growing healthcare infrastructure, and tremendous funding towards modern emerging technologies like nanotechnology further accentuating the growth of this market.
The key players operating in the global automated microscopy market are Bruker Corporation, Carl Zeiss AG, FEI Co., Hitachi High-Technologies Corporation, JEOL Ltd., Leica Microsystems, and Nikon Corporation among others.
Global Automated Microscopy Market: Overview
Automated Microscopy devices, electromechanically determines and adjusts the correct wavelength, required focus, light shutter control, stage control, and illumination source for imaging live-cell. Automated microscopy accessories and components enable the investigator or the user to automate live-cell image procurement and are particularly useful for experimentations such as time-lapse that ranges in period intervals from milliseconds to hundreds or tens of minutes. A wide variety of aftermarket secondary components, such as microprocessor-controlled filter changers, electromechanical shutters, axial focus control mechanisms and motorized stages mechanisms can be retrofitted to a research grade microscope.
A comprehensive analysis of the market dynamics that is inclusive of market drivers, restraints and opportunities is included in the purview of the report. Market dynamics are the factors which impact the market growth, thereby helping to understand the ongoing trends of the global automated microscopy market. Therefore, the report provides the forecast of the global market for the period from 2016 to 2024, along with offering an inclusive study of the Automated Microscopy market.
Automated microscopy find its application in a number of applications such as medical diagnostics, nanotechnology, material science, life science and semiconductors. Life science applications holds the leading market share among the other application segments. Microscopic devices have been the most vital tool to researchers in the field of life sciences to explore the mechanism of diseases at a molecular level, to construct a three dimensional structure of tissues and to understand the microstructure of the tissues and cells. Microscopy also has applications in the medical world for surgeries relating to ophthalmology, gynecology, urology, otolaryngology, plastic and reconstructive medicine and dentistry.
Global Automated Microscopy Market: Segmentation Analysis
Based on the product type the automated microscopy market is segmented into two broad categories; by product type, and by application. By product type the market is further segmented into optical microscopes, electron microscopes and scanning probe microscopes. The optical microscope segment is further segmented into inverted microscopes, stereomicroscopes, phase contrast microscopes, fluorescence microscopes, confocal scanning microscopes, near field microscopes and others. The electron microscopes market is further segmented to Transmission Electron Microscopes (TEM) and Scanning Electron Microscopes (SEM). Whereas, the scanning probe microscopes segment comprise Scanning Tunneling Microscopes (STM) and Atomic Force Microscopes AFM). Optical microscopes are extensively used in fields such as microelectronics, material sciences, nanophysics, pharmaceutical research and biotechnology. For example, optical microscopes in material sciences, which use nanophysics extensively, are used to identify the metal or the alloy used, to analyze the results of heat treatment, which is used to improve the physical properties of an alloy, to examine metal surface coating, and for dimension analysis, apart from many other uses. In microelectronics, optical microscopes are used to analyze densely populated circuit boards for imperfections and determination of possible new designs. Optical microscopes have many variants depending on the designs.
Global Automated Microscopy Market: Trends and Drivers
The major drivers driving the global automated microscopy market includes ongoing miniaturization in semiconductor and electronics industry, developments in nanotechnology and rising demand for affordable renewable energy sources. Increasing global focus on research and development for application areas such as nanotechnology, material science and semiconductor industry would enhance the adoption rate of advanced microscopes such as automated electron and scanning probe microscopes. These microscopes offer image resolution as high as 0.1 nm, which is essentially required by these precision manufacturing industries. Moreover, scanning probe microscopes, which are not dependent on the wavelength of light source for magnification are suitable in liquid and gas environment and can view both conductor and insulator specimens. Increased adoption rate of these advanced microscopes by precision manufacturing industries would drive the global microscopy devices market significantly during the forecast period.
Global Automated Microscopy Market: Competitive Landscape
The competitive profiling of the key players in the global automated microscopy market across four broad geographic regions is included in the study. These include different business strategies adopted by the leading players and their recent developments as in the field of automated microscopy.
Some of the major players in the global automated microscopy market Bruker Corporation (U.S.), Carl Zeiss AG (Germany), FEI Co. (U.S.), Hitachi High-Technologies Corporation (Japan), JEOL Ltd. (Japan), Leica Microsystems (Germany) and Nikon Corporation (Japan) among others.
The global Automated Microscopy market has been segmented into:
Global Automated Microscopy Market: Product Type
- Optical microscope
- Inverted Microscope
- Phase Contrast Microscopes
- Fluorescence Microscopes
- Confocal Scanning Microscopes
- Near Field Scanning Microscopes
- Electron Microscopes
- Transmission Electron microscopes (TEM)
- Scanning Electron Microscopes (SEM)
- Scanning Probe Microscopes
- Scanning Tunneling Microscopes
- Atomic Force Microscopes
Global Automated Microscopy Market: By Application
- Medical Diagnostics
- Material Science
- Life Science
Global Automated Microscopy Market: By Geography
- North America
- Rest of North America
- Rest of Europe
- Asia Pacific
- Rest of Asia Pacific
- Middle East and Africa (MEA)
- South Africa
- Rest of MEA
- Latin America (LATAM)
- Rest of LATAM