Microscopy Market worth $7.3 billion by 2022.
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Release date- 27072019 - The global Microscopy Market was valued at USD 5.6 billion in 2017 and is estimated to grow at a CAGR of 5.7% during the forecast period of 2017 to 2022, to reach USD 7.3 billion by 2022.
The availability of R&D funding across various application areas, technological advancements in microscopes, the increasing focus on nanotechnology and regenerative medicine, and a favorable regulatory scenario are the key factors contributing to the growth of this market.
Browse 209 market data Tables and 33 Figures spread through 201 Pages and in-depth TOC on 'Microscopy Market by Product (Microscopes, Accessories), Type (Optical Microscope, Electron Microscope, AFM, STM, NSOM), Application (Semiconductor, Nanotechnology, Electronics), End User (Industrial, Research Institute, Blood Bank) - Global Forecast to 2022'
View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/world-microscopy-399.html
The microscopes segment accounted for the largest share of the overall microscopy products market in 2017
Based on product, the microscopy market is segmented into microscopes and accessories & software. In 2017, the microscopes segment commanded the largest market share. A favorable funding scenario mainly supports the growth of this market segment for R&D in microscopy as well as technological advancements in microscopes.
The industries segment is expected to register the highest CAGR in the microscopy end-user market during the forecast period
Based on end user, the microscopy market is segmented into industries, academic & research institutes, and other end users. Of these, industries are expected to witness the highest growth during the forecast period. This end-user segment includes the biotechnology and pharmaceutical, semiconductor, textile, mining, and natural resources industries. Several manufacturers are focusing on developing specialized and customized microscopy modules catering to specific industrial needs; this is a key factor supporting the growth of the industries end-user segment.
North America dominated the microscopy market, by region, in 2017
By region, North America commanded the largest share of the global microscopy market in 2017. This is mainly due to the availability of funding and grants for microscopy research and the favorable regulatory scenario in North America. Europe and the Asia Pacific are other key regional markets.
Prominent players operating in this market include Carl Zeiss (Germany), Danaher (US), Thermo Fisher Scientific (US), Nikon (Japan), Bruker Corporation (US), Olympus (Japan), Oxford Instruments (UK), JEOL (Japan), and Hitachi High-Technologies (Japan).
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