PUBLISHER: Stratistics Market Research Consulting | PRODUCT CODE: 1308612
PUBLISHER: Stratistics Market Research Consulting | PRODUCT CODE: 1308612
According to Stratistics MRC, the Global Electron Microscopes Market is accounted for $1.91 billion in 2023 and is expected to reach $4.48 billion by 2030 growing at a CAGR of 12.9% during the forecast period. Electron microscopes are powerful scientific instruments that use a beam of electrons instead of light to magnify and visualize samples at a high resolution. They are capable of producing detailed images and providing insights into the structure, composition, and properties of various materials at the microscopic and nanoscale levels. Electron microscopes find extensive applications in scientific research, materials science, nanotechnology, life sciences, and various other fields where high-resolution imaging is crucial.
According to the American Cancer Society, Inc. in 2022, an estimated 1.9 million new cancer cases will be diagnosed and an estimated 609,360 cancer deaths in the country.
Digitization, live-cell imaging, ultra-high resolution, and high throughput techniques are examples of technological developments in microscopy. This progress lowers the price of the product and testing. Recent advancements in microscope technology include the development of expansion microscopes, scanning helium microscopes (SHeM), multi-view microscopes, and integrated microscopy processes. The newest development in the markets for sample preparation and electron microscopy is digital microscopy. Enhanced image quality and increased precision provided by digital imaging result in fewer distorted images and better sample viewing. Digital microscopy has been more widely adopted as a result of the introduction of entire slide scanning technologies.
Any programmer with access to the software can review and enhance it or if necessary, solve any problems as they arise. Open-source software, on the other hand, is typically free, whereas the majority of commercial software solutions are closed-source, proprietary, and expensive. Several open-source, free confocal microscopy analysis tools include ImageJ/FIJI, Cell Profiler/Cell Analyst, Neuronstudio, Volume Integration and Alignment System (VIAS), and L-measure. The majority of small-scale end customers, academic institutions, and research facilities exhibit a strong preference for open-source solutions, directly reducing the demand for licensed closed-source software.
Companies in the markets for electron microscopy and sample preparation can grow significantly in emerging nations like China, India, Russia, and Brazil. Government financing for advanced microscope R&D has significantly grown in these nations. For example, in February 2017, the Indian government contributed USD 45,000 to the design and creation of multimodal optical microscopes that used Fourier optical image processing. Since its founding in 2011, the Center of Nanotechnology and Nanomaterials has produced distinctive nanopincers for microscopes that enable the capture of particles as small as 30 nanometers. This market-changing trend in sample preparation and electron microscopy has numerous potential applications in electronics and healthcare.
Standard compound microscopes are simple for physicists and lab professionals to use, but as sophisticated microscopes are developed, trained personnel are needed. For instance, to study the characterization of chemical and biological compounds at the atomic or molecular level, atomic force scanning tunnelling microscopes widely used in nanotechnology require physicists or technicians to have in-depth interdisciplinary knowledge in the field of surface physics and surface analyses. But the long-term outlook for the market may affect growth over the anticipated period.
The outbreak of the COVID-19 pandemic across the globe has impacted the overall semiconductor industry to a great extent. With the governments of several countries announcing nationwide lockdowns and temporary closures of various industries, business continuity and the supply chain have been severely affected. The prices of semiconductor components have increased by 2-3% owing to a shortage of supplies due to the shutdown of manufacturing units. Moreover, the trade barriers have further impacted the demand-supply gap. In order to balance costs with better assurance for business sustainability and to prevent single points of failure, the key players in the electron microscopy market have shifted toward an agile supply chain network model that has multiple pathways.
The material sciences segment is projected to witness the largest share as compared to other segments over the forecast period. The scanning electron microscope is one of the most commonly used characterization tools for studying materials. Materials science uses scanning electron microscopes for failure analysis, research, and quality control. SEM utilization is crucial in modern materials science for investigations into nanofibers and nanotubes. High mesoporous architecture, temperature superconductors, and alloy strength are expected to drive the global Electron microscope market during the forecast period.
A focused stream of high-energy electrons is utilized by scanning electron microscopes (SEMs) to produce a range of signals at the surface of solid specimens. Up to 100,000x of magnification is possible with SEMs. These microscopes create 3-dimensional images with a high depth of field, high resolution (less resolution than TEMs), and information on the topography, morphology, and composition of objects. As a result, they are crucial research instruments in the fields of metallurgy, gemology, medical and forensic sciences, and biological sciences.
The North America region has the highest market share for Electron Microscopes globally and is forecast to be the fastest-growing area over the anticipated period. The growth was credited to the presence of research and academic institutes and a high number of clinical trials performed in the region. Research-based activities in the life sciences, biotechnology, and pharmaceutical industries are an integral part of the innovation system in North American countries and this is expected to boost the demand for SEMs in the region over the forecast period.
During the forecast period, Asia Pacific is anticipated to have the fastest growth rate. The Asia Pacific market for electron microscopy and sample preparation, particularly in China, Japan, and India, is likely to rise rapidly during the forecasted period. During the forecast period, growth in the APAC market is anticipated to be fueled by elements including increased R&D funding for microscopy research, growing use of correlative microscopy in nanotechnology and life science research, the establishment of collaboration centers for microscopy research, and the affordability of raw materials and skilled labor for OEMs.
Some of the key players in Electron Microscopes Market include Agilent Technologies, Bruker Corp., Carl Zeiss, COXEM, Danish Micro Engineering (DME), Delong America Inc, itachi High Technologies Corp., JEOL Ltd., Leica Microsystems, Nanoscience Instruments, Inc., Nikon Corp., Olympus Corp., Tescan, Thermo Fisher Scientific and Unisoku Co. Ltd.
In June 2022, Bruker, an American manufacturer of scientific instruments announced remarkable advancements in multi-omic tissue imaging and highly multiplexed spatial proteomics at large field of view. Moreover, key enhancements were introduced for mass spectrometry imaging MALDI HiPLEX-IHC following a strategic partnership of Bruker's with AmberGen
In May 2022, Hitachi High-Tech Corporation announced the establishment of its "Advanced-Technology Innovation Center Naka (ACN)" in Hitachinaka, which will serve as a demonstration and collaboration center. It will improve customer cooperation to boost integrated solution development in electron microscopy and probe microscope-related sectors
In December 2021, Thermo Fisher Scientific Inc., an American supplier of scientific instrumentation, announced the acquisition of PPD, Inc. for USD 17.4 billion. The acquisition of PPD will allow Thermo Fisher to provide a full range of world-class clinical development services, from scientific discovery to analyzing safety, health-care outcomes, efficacy, managing clinical trial logistics, along with drug development and manufacturing
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
11.6 Delong America Inc.