This market research study presents a detailed segmentation of the global optical microscope market by application (life sciences, semiconductors, healthcare, and others), by product (stereo microscope, inverted microscope, and accessories), and by geography (Americas, APAC, Europe, and MEA). The key vendors in the market are Carl Zeiss, Leica Microsystems, Meiji Techno, Nikon Instruments, and Olympus.
Technavio’s market research analysts estimate the global optical microscope market to grow at a CAGR of 7% between 2016 and 2020. Optical microscopes have found wide applications in the field of life sciences, semiconductors, and nanotechnology. Of late, several types of optical microscopes are available that use digital cameras and detectors to obtain high-resolution digital images of the specimen under observation. The Americas is the largest revenue-contributing region in the optical microscope market due to the growing investments by pharmaceutical companies in drug discovery and testing.
The new market research report from Technavio provides a breakdown and analysis of the optical microscope segments by technology.
“Advancements in optics and display technology have led to the development of microscopes with higher resolutions. Growing application of microscopes across different industries has stimulated the manufacturing of optical microscopes with higher resolving power and flexibility. Of late, the resolution of a typical optical microscope has seen an increase from 100x to 400x,” says Amber Chourasia, Lead Analyst, Lab Automation and Health and Wellness, Technavio Research
Currently, the stereo microscope segment dominated this market and accounted for more than 31% of the market share. Stereo microscopes are used for a broad range of applications in microsurgery, watch-making, circuit board fabrication, and forensic engineering. Moreover, stereo microscopes are used in secondary schools and also in the manufacturing industry for inspection and quality control. The extensive applications of stereo microscopes in educational establishments and manufacturing units will impel growth of this market segment until the end of 2020.
The leading vendors in the global optical microscope market are Carl Zeiss, Leica Microsystems, Meiji Techno, Nikon Instruments, and Olympus. The market is highly competitive with the presence of a few leading vendors. The competition among the vendors is based on quality and specifications of the microscope like magnification power, features, associated software, pricing, and product performance. With increasing investments made in R&D, particularly in the pharmaceutical, healthcare, and electronics sectors, the competition in the market is expected to intensify.
A more detailed analysis is available in the Technavio report, Global Optical Microscope Market 2016-2020.
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