PUBLISHER: Coherent Market Insights | PRODUCT CODE: 1550555
PUBLISHER: Coherent Market Insights | PRODUCT CODE: 1550555
The Global Cryo Electron Microscopy Market is estimated to be valued at USD 1.30 Billion in 2024 and is expected to reach USD 2.81 Billion by 2031, exhibiting a compound annual growth rate (CAGR) of 11.6% from 2024 to 2031.
Report Coverage | Report Details | ||
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Base Year: | 2023 | Market Size in 2024: | US$ 1.30 Bn |
Historical Data for: | 2019 To 2023 | Forecast Period: | 2024 To 2031 |
Forecast Period 2024 to 2031 CAGR: | 11.60% | 2031 Value Projection: | US$ 2.81 Bn |
The global cryo electron microscopy market has been gaining significant traction over the past few years. Cryo electron microscopy is a specialized technique that uses low temperature electron microscopy to obtain structural and functional information about biological molecules and assemblies. It offers several advantages over other high-resolution microscopy techniques such as x-ray crystallography, as it does not require crystallizing the sample and can image non-symmetric and highly flexible molecules. Growing biomedical R&D expenditures as well as increasing government funding for structural biology projects are some of the key factors driving the adoption of cryo electron microscopy in research and development. With continued technological advancements, the global cryo electron microscopy market is expected to grow at a robust pace during the forecast period.
The global cryo electron microscopy market is witnessing strong growth driven by a few key factors. Rising investments in structural biology and macromolecular research by pharmaceutical companies and academic institutes is a major growth driver. Increasing popularity of cryo-EM over traditional x-ray crystallography for studying disease mechanisms at the molecular level is bolstering demand. Continuous technological advancements aimed at improving resolution capabilities and expanding applications are also propelling the market forward. However, high costs of cryo electron microscopy systems and dearth of skilled workforce are some of the key challenges restraining widespread adoption. On the other hand, development of user-friendly cryo-EM software and emergence of correlative light and electron microscopy present significant opportunities for market players.
This report provides in-depth analysis of the global cryo electron microscopy market, and provides market size (USD Billion) and compound annual growth rate (CAGR%) for the forecast period (2024-2031), considering 2023 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global cryo electron microscopy market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include Thermo Fisher Scientific, JEOL Ltd., Hitachi, and Carl Zeiss AG
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global cryo electron microscopy market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global cryo electron microscopy market.