Life Science Microscopy Devices Market To Reflect Significant Incremental Opportunity During 2018-2026

Life Science Microscopy Devices Market Demands
and Growth Prediction, Outlook 2018-2026
Life Science Microscopy Devices Market, By Product Type (Optical Microscopes
(Stereo Microscopes, Phase Contrast Microscopes, Fluorescence Microscopes,
Confocal Scanning Microscopes, and Others), Electron Microscopes
(Transmission Electron Microscope and Scanning Electron Microscope), and
Scanning Probe Microscope (Atomic Force Microscope and Scanning Tunneling
Microscope)), By End User (Research Laboratories and Institutes, Forensic and
Diagnostic Laboratories, and Pharmaceutical and Biotechnology Companies) Global Forecast to 2025
Technological advancements to enhance the quality of microscopes have become common over the
past years. Rising demand for microscopy devices by researchers and academic institutes have
encouraged manufacturers to develop new products with novel technologies to investigate different
kinds of substances, cells, and materials at nanometer size. Thus, these microscopy devices are highly
significant in nanotechnology, biotechnology, semiconductor, material science, and life science
industries. Out of these, life science microscopy devices have high demand, as these instruments aid in
the investigation or study of cellular interactions at biological levels and various other functions. The
Global Life Science Microscopy Devices Market was valued at US$ 1,350.6 million in 2017 and is
expected to witness a CAGR of 6.8% over the forecast period (2017–2025).
Market Dynamics
The global life science microscopy devices market is projected to witness significant growth over the
forecast period, owing to the increasing utilization of microscopes for research purpose in life science.
For instance, in February 2015, the National Institute of Standards and Technology (NIST) researchers
demonstrated the autonomous computer-controlled assembly of atoms in perfect nanostructures using a
low temperature scanning tunneling microscope. Furthermore, some of the devices such as stereo
microscopes are specifically used in production processes for soldering on a miniature scale and
dissecting specimens in biology. Thus, adoption of these devices by pharmaceutical and biotechnology
manufacturers for the production of new drugs and therapies is expected to drive growth of the market.
Moreover, increasing research and development expenditure by government bodies fosters growth of
the life science microscopy devices market.
Rising development of technologically advanced products is expected to drive growth of the life
science microscopy devices market
The market is expected to gain significant growth, owing to the rapid development activities for the
launch of technologically advanced and cost-effective quality products such as robotic visualization
systems for ease of use in surgeries. For instance, on November 9, 2017, Olympus Corporation planned
to launch two types of Upright FV3000 confocal laser scanning microscope by January 2018 to observe
phenomena such as super-fast signal propagation in the nervous system.
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Key players operating in the global life science microscopy devices market include Olympus
Corporation, Thermo fisher Scientific, Inc., Nikon Corporation, Carl Zeiss AG, Keyence Corporation,
JEOL Ltd., Bruker, Hitachi High-Technologies Corporation, Leica Microsystems, and F. Hoffman-La
Roche Ltd.
Detailed Segmentation:
•Global Life Science Microscopy Devices Market, By Product Type:
•Optical Microscopes
•Stereo Microscopes
•Phase Contrast Microscopes
•Fluorescence Microscopes
•Confocal Scanning Microscopes
•Others
•Electron Microscopes
•Transmission Electron Microscope
•Scanning Electron Microscope
•Scanning Probe Microscopes
•Atomic Force Microscope
•Scanning Tunneling Microscope
•Global Life Science Microscopy Devices Market, By End User:
•Research Laboratories and Institutes
•Forensic and Diagnostic Laboratories
•Biotechnology and Pharmaceutical Companies
Increasing nanotechnology research is also driving growth of the life science microscopy devices
market
The field of nanotechnology witnessed significant progress in the past few decades and has impacted
dentistry, health care, and human life more profoundly than many other developments in the past.
Moreover, it can be used in drug delivery, biosensors, and other biomedical applications. Thus,
increasing nanotechnology research and development activities and demand for appropriate tools to
characterize the functional properties of nanomaterials are expected to drive growth of life science
microscopy devices market over the forecast period. For instance, in 2013, the U.S. Federal
Government proposed a budget of US$ 1.8 billion for 15 agencies for nanotechnology research and
development.
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Technological advancements to enhance the quality of microscopes have become common over the past years. Rising demand for microscopy devices by researchers and academic institutes have encouraged manufacturers to develop new products with novel technologies to investigate different kinds of substances, cells, and materials at nanometer size.