In a recently published report, Microscopy Market report for till 2030. The report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to regain 25% by the end of 2021- Positive Growth in the economic demand and supply.
U S Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analysis and U.S. Census Bureau mention the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) average exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilst imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Microscopy Market products.
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Moreover, increasing expenditure on healthcare, backed by the need amongst individuals for quality healthcare services, is also anticipated to contribute to the market growth. According to the statistics by the World Bank, the current health expenditure (% of GDP) around the world increased from 9.08% in 2001 to 9.84% in 2018. Additionally, the current health expenditure per capita (current US$) increased from USD 492.99 in 2001 to USD 1110.84 in 2018.
Global Microscopy Market is valued approximately at USD 5.92 billion in 2018 and is anticipated to grow with a healthy growth rate of more than 6.50% over the forecast period 2019-2026. A microscopy have three well-recognized branches of microscopy that are optical, electron, and scanning probe microscopy, along with the evolving field of X-ray microscopy. Microscopy is a general term where light is being transmitted from a source which is on the other side of the sample, to the objective lens. Mostly, the light is passed via a condenser to emphasis on the sample to have extreme brightness. After the light has passed over the sample, it goes through the objective lens to amplify the image of the sample & subsequently to the oculars, where the enlarged image is seen. Growing interest of nanotechnology and regenerative medicines, favorable funding scenario for R&D in microcopy, and technological advancements in microscopes such as high-definition image and 3-D views are the few factors responsible for high CAGR of the market over the forecast period.
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For instance, according to national Cancer Institute, in 2018, USA will have an assessment of 1,735,350 new cases of cancer and roughly 609,640 people will die from the disease. The high resolution power of microscopes facilitates in studying cancer cells and obtaining cure for the same as electron microscope helps in the visualization of cytoplasmic deposits of virus-like particulates in tumors of demonstrated viral etiology. Owing to surging cancer cases, the acceptance of microscopy is growing at significant rate over the forecast period. Moreover, growing application areas of microscopy along with the integration of microscopy with spectroscopy is the major factor likely to create lucrative growth opportunities to the market growth in the forecasting years. However, high cost of advanced microscopes may act as a major restraint for the growth of global microscopy market during the forecast period.
The regional analysis of global Microscopy Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the significant research and development budgets, high availability of advanced microscopy systems and growing focus on nanotechnology in the region. However, Asia-Pacific is anticipated to exhibit highest growth rate / CAGR over the forecast period 2019-2026. Factors such as increasing application of correlative microscopy in life sciences and nanotechnology research, surging R&D funding for microscopy and the low material cost and the availability of low-cost skilled labor for OEMs would be influencing the growth of the market in the Asia-Pacific region.
Major market player included in this report are:
Carl Zeiss AG
Danaher Corporation
Thermo Fisher Scientific
Nikon Corporation
Bruker Corporation
Olympus Corporation
Oxford Instruments PLC
JEOL Ltd.
Hitachi High-Technologies
Semilab Semiconductor Physics Laboratory Co. Ltd.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product:
Microscopes
Software
Accessories
By Type:
Optical Microscopes
Electron Microscopes
Scanning Probe Microscopes
Others
By Application:
Semiconductors
Lifesciences
Material Science
Others
By End-User:
Industries
Academic & Research Institutes
By Region:
North America
U.S.
Canada
Europe
UK
Germany
Asia Pacific
China
India
Japan
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2016, 2017
Base year – 2018
Forecast period – 2019 to 2026
Target Audience of the Global Microscopy Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
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Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2017-2026 (USD Billion)
1.2.1. Microscopy Market, by Product, 2017-2026 (USD Billion)
1.2.2. Microscopy Market, by Type, 2017-2026 (USD Billion)
1.2.3. Microscopy Market, by Application, 2017-2026 (USD Billion)
1.2.4. Microscopy Market, by End-User, 2017-2026 (USD Billion)
1.2.5. Microscopy Market, by Region, 2017-2026 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Microscopy Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Microscopy Market Dynamics
3.1. Microscopy Market Impact Analysis (2018-2026)
3.1.1. Market Drivers
3.1.2. Market Challenges
3.1.3. Market Opportunities
Chapter 4. Global Microscopy Market: Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2016-2026)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Microscopy Market, by Product
5.1. Market Snapshot
5.2. Global Microscopy Market by Product, Performance – Potential Analysis
5.3. Global Microscopy Market Estimates & Forecasts by Product 2016-2026 (USD Billion)
5.4. Microscopy Market, Sub Segment Analysis
5.4.1. Microscopes
5.4.2. Software
5.4.3. Accessories
Chapter 6. Global Microscopy Market, by Type
6.1. Market Snapshot
6.2. Global Microscopy Market by Type, Performance – Potential Analysis
6.3. Global Microscopy Market Estimates & Forecasts by Type 2016-2026 (USD Billion)
6.4. Microscopy Market, Sub Segment Analysis
6.4.1. Optical Microscopes
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