According to the report, global demand for microscopy devices market was valued at USD 6.0 billion in 2014, and is expected to reach USD 9.00 billion in 2020, growing at a CAGR of 7.0% between 2015 and 2020.
Zion market Research has published a new report titled “Microscopy Devices (Scanning Probe Microscopes, Electron Microscopes, Optical Microscopes, and Others) Market for Nanotechnology, Life Sciences, Semiconductors, Material Sciences and Others Applications: Global Industry Perspective, Comprehensive Analysis and Forecast, 2014 – 2020.” The analysis provides significant information of the key player for globe microscopy market includes Carl Zeiss, Danish Micro Engineering A/S Olympus, Bruker Corporation, FEI Company, JEOL Company, Cameca SAS, Hitachi High Tech, and NT-MDT amongst others.
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Microscopy devices are the equipments that are used for examining the objects that are too tiny for the naked eye. These devices are classified in various types and have distinct use according to their types. They are especially used for analysis and for generating images. They have wide range of applications includes research department, medical sector, sciences, nanotechnology, etc.
The major driving factor for microscopy devices market is robust increase in universal financial support for nanotechnology industry. Ongoing research & development and introduction of new technologies in the field of microscopy devices are expected to provide future growth opportunity to industry participants. Moreover, the growing R&D expenditure and soaring usage rates of drug discovery and growth are contributing to the semiconductor application segment for elevating the market share. The growth of the electronic and renewable energy industries is also expected to drive the sales of microscopy devices in semiconductors within the forecast period.
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Optical microscopes lead the microscopy device market and accounted over 35% share of the overall market revenue generated in 2014. The increasing demand for digital devices in the sectors of material science, medicines and life sciences is projected to boost the growth of this segment over the forecast period. The optical microscope is sub-segmented as inverted microscope, stereo microscope, phase contrast, fluorescence microscope, confocal microscope and near field scanning. Electron microscopes was the second highest product segment in 2014 and it also includes segment like scanning electron microscopes and transmission electron microscopes. However, it is also expected to exhibit rapid growth throughout the years to come.
Semiconductors, life sciences, nanotechnology, material sciences are the key products involved in the microscopy devices market. Life sciences applications segment was the largest segment of global microscopy devices market and accounted for more than 30% share of the entire market in 2014. Semiconductor segment was the second highest region of the microscopy device market is expected to grow at a rising CAGR within the forecast period.
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Asia-Pacific was the dominating region in the global market of microscopy devices and accounted for over 40% share of the total market in 2014. However, it also expected to continue this trend till the end of 2020 due to the rising industrialization and the increase in nanotechnology associated R&D investments are propelling the increase of this region. Japan is the market that leads in this region while developing countries such as China and India are anticipating as the emerging market during the forecast period.