In the field of drug development and research, use of microscopy devices for studies has become important to avoid failures and repetitions. Moreover, digitally enhanced images provided by microscopes could provide insights into target identification and validation, and drug discovery. Hence, the changing approach towards drug development, imaging diagnostic techniques, nanoscience, and structural biology, which incorporates the use of technologically advanced microscopes are expected to increase the demand for life science microscopy devices, in turn boosting growth of life science microscopy devices market. Advantages of life science microscopy devices such as 2 and 3 dimensional measurements of an object, flexibility to increase feasibility of various investigations, and one point focused images are major factors responsible for increasing application of these devices in forensic testing.
Life Science Microscopy Devices Market: Key Players
The research study includes profiles of leading companies operating in the global life science microscopy devices market. Key players profiled in the report include: Olympus, Nikon, Carl Zeiss Microscopy, Bruker, FEI Company, JOEL Ltd, Cameca, Hitachi High-Technologies, Leica Microsystems & NT-MDT Company.
Drivers for the Global Life Science Microscopy Devices Market:
The advancements in several research domains including pathology and cell biology has played a crucial role in the growth of the global life science microscopy devices market. Furthermore, the need for improved research practices in the domain of microbiology has also aided the growth of the global life science microscopy devices market. Moreover, the quest of the medical fraternity to find new and improved drugs and medications shall also propel demand within the global life science microscopy devices market. Automation and Artificial Intelligence (AI) in magnified imaging equipment is one of the principal factors having high impact on the market dynamics.
Opportunities for the Global Life Science Microscopy Devices Market:
Growing applications and high demand for technologically advanced magnification devices are the factors driving the market growth as magnification and visualization devices are an integral part of science. Thus, increasing scope of application of these devices, such as in polymer industry, agriculture, nanotechnology, and atomic studies, will boost the market further. Development of technically advanced products with faster performance and easy sample preparation techniques are expected to boost the product demand. Technical advancement to integrate with display modalities to display images in High Definition (HD) and 3-dimensional (3D) views are expected to boost the demand further.
Restrains for the Global Life Science Microscopy Devices Market:
The high cost of the advanced microscopes is restraining the growth of life science microscopy devices market. However, the maintenance of these systems is expensive and requires more time and effort, which is expected to restrain growth of life science microscopy devices market. While the high cost complicated setup & maintenance is restraining the growth of the global life science microscopy devices market. Thus all these factors are hampering the growth of the life science microscopy devices market.
Region Wise, Global Life Science Microscopy Devices Market Analysis:
Report covers the region wise analysis, global life science microscopy devices market can be segmented into North America, Europe, Asia Pacific, Latin America, Middle East and Africa. Among all, North America leads the global life science microscopy devices market share followed by Asia-pacific and Europe. While the North America leads the global life science microscopy devices market due to the Factors such as the significant R&D budgets, availability of advanced microscopy systems offered by market leaders, high and growing focus on nanotechnology, and the presence of a large number of major research institutes and universities in the region are driving the growth of the market in North America.
Global Life Science Microscopy Devices Market: Product analysis
• Optical Microscopes
o Inverted Microscopes
o Stereo Microscopes
o Phase Contrast Microscopes
o Fluorescence Microscopes
o Confocal Scanning Microscopes
o Near Field Scanning Microscopes
• Electron Microscopes
o Transmission Electron Microscopes
o Scanning Electron Microscopes
• Scanning Probe Microscopes
o Atomic Force Microscopes
o Scanning Tunneling Microscopes
On the basis of type, Electron Microscopes accounted for largest share of total revenue generated. Due to the high magnification ratio, electron microscopes have vital applications in biology, material sciences, nanotechnology, and semiconductor industries. Growing R&D activities and easy availability of funds have resulted in increasing life science and material science research. This, in turn, is expected to drive the demand for electron microscopes. The growing trend of correlative light and electron microscopy is also responsible for the growth of the electron microscopes segment.
Global Life Science Microscopy Devices Market: Application analysis
- Research Institutes
- Other end-users (hospitals, diagnostic centers, blood banks, and forensic labs)
Global Life Science Microscopy Devices Market: Region analysis
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of L.A.
- Middle East and Africa
- South Africa
- Rest of Middle East
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