This industry research report presents a comprehensive analysis of the key drivers and trends that influence market growth. It also includes a detailed segmentation of the market by key geographies, including regions like South America, North America, Europe, APAC, and Africa. The top leading countries highlighted in the report are the US, South Korea, and Japan. The prominent vendors analyzed in this report are ACCU-SCOPE, Amscope, Celestron, Magnus Analytics, and Swift Optical Instruments.
Technavio’s market research analysts estimate the global student microscope market, to grow at a CAGR of over 7% between 2016 and 2020. The advent of new learning aids and the augmented emphasis on practical learning techniques has led to the increased demand for student microscopes. APAC occupies 64% of the overall market share, owing to the rapid increase in educational institutions in the region.
The new market research report from Technavio provides a breakdown and analysis of the student microscope segments by technology.
“Due to the growing emphasis on practical education, the implementation of e-learning and other interactive activities in educational institutions is rapidly gaining traction. The usage of optical and simple microscopes in primary and secondary schools will help students to better apply their knowledge. This augmented usage of optical microscopes in educational institutions will lead to market growth during the forecast period,” says Abhay Sinha, Lead Analyst, New Coverage, Technavio Research.
Compared to compound microscopes or scanning probe microscopes, student microscopes are low power, low-cost instruments that have limited resolving power and application. Student microscope cost a fraction of that of an advanced compound microscope, and thus, they sell in much larger volumes compared to any other type of microscope. Though there have not been any major innovations in the design of the instrument, incremental changes over the years have led to the simplification of the instrument for younger users and advancements in production technology has resulted in reduction of cost of these instruments.
The major players in the global student microscope market include ACCU-SCOPE, Amscope, Celestron, Magnus Analytics, and Swift Optical Instruments. The market includes several vendors, but the majority of the market share is dominated by companies like Amscope and Celestron. Though these vendors control the market with their global presence and a wide range of products, the high cost of their products has led to the emergence of several domestic players, especially in the APAC and European regions.
A more detailed analysis is available in the Technavio report, Global Student Microscope Market 2016-2020.
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