Microscopy Market is Projected To Reach USD 8.9 Billion in 2026 With CAGR of 5.6%
According to a new market research report, “Microscopy Market by Product (Microscopes, Software, Accessories), Type (Optical Microscope (Stereo, Digital), Electron Microscope (SEM, TEM), AFM, STM), Application (Semiconductor, Life science), End User (Industrial, Research) — Global Forecast to 2026”, is projected to reach USD 8.9 billion in 2026 from USD 6.5 billion in 2020, at CAGR of 5.6% during the forecast period.
The introduction of novel image acquisition software for microscopes is a recent trend in the microscopy market. Increasing research in life sciences and other application areas have resulted in the generation of a large amount of data, mainly due to advances in image quality. Present software can no longer handle these images, which indicates the potential opportunities offered in the area of software development.
Growing life science and materials science research activities and the emergence of correlative light and electron microscopy are expected to drive the demand for electron microscopes in the coming years.
[232 Pages Report] The microscopy is projected to reach USD 8.9 billion in 2026 from USD 6.5 billion in 2020, at a CAGR of 5.6% during the forecast period. Market growth is driven largely by factors such as favorable funding scenario for R&D in microscopy, rising demand for electron microscopes in applied industries (such as semiconductor manufacturing).
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Recent developments in microscopes include expansion microscopes, scanning helium microscopes (SHeM), multi-view microscopes, and integrated microscopy workflows. Digital microscopy is the latest trend in the microscopy market. Digital imaging offers enhanced image resolution with greater precision, leading to fewer distorted images and allowing for better viewing of samples. The development of whole-slide scanning systems is a major factor that has accelerated the adoption of digital microscopy.
Owing to technological advancements, there has been a shift in the usage patterns of microscopes. Conventional microscopes are gradually losing their popularity to high-end microscopes such as electron microscopes, scanning probe microscopes, and digital microscopes due to their advanced features, higher resolution, and magnification power.
In 2020, optical microscopes accounted for the largest share of the microscopy market, primarily due to the increasing applications of digital and confocal microscopes in the materials science, semiconductor, and life science industries and the increased focus on developing advanced digital microscopes.
It is also the fastest-growing segment. Light and electron microscopes are widely used in industries for identification and particle analysis, material characterization, process control, quality control, and failure analysis, which is a major factor driving market growth.