The global microscopes market has been forecast to increase at a compound annual growth rate (CAGR) of 6% over the next five years, increasing from a value of $4 billion during 2013, to hit a value of $5.4 billion by 2018.
The rapidly evolving imaging technologies and growing requirements of researchers, advancements in confocal and electron microscopy, cytometry, laser scanning, and the developments in the quantum dots area are also expected to play a major role in boosting the demand for microscopes in the near future.
Microscopy devices find major application in research and development, in industries such as nanotechnology, material sciences, semiconductors, life sciences and other precision manufacturing industries.
New microscopy technologies have been developed to overcome the limitations of light microscopes. Electron, scanning probe, and focused ion beam microscopy are essential aspects of different approaches to visualization at the nanoparticle level. The field of microscopy continues to evolve rapidly, as new requirements and imaging technologies are developed.
According to a recent market report, 'Microscopy: The Global Market,' the fastest-growing segment of the global microscopes market is scanning probe microscopes, with a CAGR of 10% between 2013 and 2018. Charged particle microscopes have a projected CAGR of 6.8%, and optical microscopes 4.7%.
As a result, charged particle microscopes are projected to increase their market share from 41.7% in 2012 to 43.4% in 2018. Optical microscopes are projected to lose market share, from 39.1% in 2012 to 36.6% in 2018, while scanning probe microscopes' share is projected to grow from 5.9% to 7.1%.
With image analysis becoming an important criterion for shaping the design of microscopes, a key trend witnessed in the microscope industry in recent years has been the integration of digital imaging in microscopes. Further, the market is also witnessing growing demand for compact and lightweight instruments and custom-assembled systems that enable users to incorporate existing workflows.
The United States accounted for the largest share of the overall global microscope market in 2012 with nearly one-third of the market for all types of microscopes. Japan had the second-largest market share, with 20% of the global market, followed by other Asian countries with 19% and the EU with 18%.
Key players currently dominating the global microscopes market include Carl Zeiss AG, FEI Company, Hitachi High Technologies Corporation, JEOL Ltd, Leica Microsystems, Nikon Corporation, Olympus Corporation, and Danish Micro Engineering.
For more information on the global microscopes market, see the latest research: Global Microscopes Market
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