PUBLISHER: The Business Research Company | PRODUCT CODE: 1582541
PUBLISHER: The Business Research Company | PRODUCT CODE: 1582541
Microscope accessories are additional tools that enhance the functionality of a microscope, such as objective lenses, illumination systems, and camera attachments. These accessories improve imaging quality, specimen manipulation, and data collection.
The main types of microscope accessories are optical-based, electron-based, and scanning probe-based. Optical-based accessories are extra components or devices used with optical microscopes to boost their performance, improve image quality, or support specific applications. These accessories find applications in fields such as material science, nanotechnology, life sciences, and semiconductors, and are used by various end users, including pharmaceutical and healthcare sectors, industrial users, and academia.
The microscope accessories market research report is one of a series of new reports from The Business Research Company that provides microscope accessories market statistics, including the microscope accessories industry global market size, regional shares, competitors with microscope accessories market share, detailed microscope accessories market segments, market trends, and opportunities, and any further data you may need to thrive in the microscope accessories industry. These microscope accessories market research reports deliver a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The microscope accessories market size has grown strongly in recent years. It will grow from $0.78 billion in 2023 to $0.85 billion in 2024 at a compound annual growth rate (CAGR) of 8.9%. The growth during the historic period can be attributed to advancements in biomedical research, increases in diagnostics and pathology, the transition from analog to digital imaging, and rising healthcare demands due to aging populations.
The microscope accessories market size is expected to see strong growth in the next few years. It will grow to $1.20 billion in 2028 at a compound annual growth rate (CAGR) of 9.0%. The anticipated growth in the forecast period can be attributed to the shift toward fully digital systems, a growing emphasis on personalized medicine, increasing demand for compact and portable microscopes, and a rise in the need for remote collaboration tools. Major trends during this period include the integration of Internet-of-Things technology, the adoption of augmented reality for enhanced visualization, the use of AI for automating image analysis, innovation in tailored solutions, and the development of eco-friendly accessories and materials.
The expansion of the biotechnology industry is expected to drive the growth of the microscope accessories market. The biotechnology industry involves the development and use of biological processes and organisms to create products and technologies for healthcare, agriculture, and environmental solutions. This sector is growing due to advancements in genetic research, increased investments in biopharmaceuticals, and rising demand for innovative solutions in these fields. Microscope accessories play a crucial role in biotechnology by providing precise visualization and analysis of biological samples, which supports advanced research and diagnostics. For example, in May 2024, the India Brand Equity Foundation reported that biotech startup registrations in India surged from about 1,128 in 2021 to 6,756 in 2022, with projections to reach 10,000 by 2025. Consequently, the growth in the biotechnology industry is fueling the expansion of the microscope accessories market.
Key companies in the microscope accessories market are developing advanced products to improve imaging precision, enhance efficiency, and provide a better user experience. These next-generation products focus on precision, automation, and digital integration, offering customizable, ergonomic, and sustainable solutions. For instance, in October 2021, Leica Microsystems, a Germany-based microscope manufacturer, introduced the next generation of its M320 microscope, equipped with a 4K camera accessory. This updated model features enhanced optics for superior clarity, improved ergonomics for comfort during extended use, and advanced illumination technologies to ensure precise and reliable dental treatments.
In May 2024, Bruker Corporation, a US-based scientific instruments manufacturer, acquired Nanophoton Corporation for $17.5 million. This acquisition enhances Bruker's molecular microscopy capabilities, particularly in Raman microscopy. Nanophoton Corporation, based in Japan, specializes in developing and manufacturing optical components for microscopes.
Major companies operating in the microscope accessories market are Thermo Fisher Scientific Inc., Keyence Corporation, Olympus Corporation, Hitachi High-Tech Corporation, Nikon Corporation, Bruker Corporation, Carl Zeiss AG, HORIBA Group, Hamamatsu Photonics K.K., Jenoptik AG, JEOL Ltd., Leica Microsystems GmbH, Motic Microscopes, Thorlabs Inc., Oxford Instruments plc, Edmund Optics Inc., Chroma Technology Corp., Prior Scientific Instruments Ltd, Zaber Technologies, Navitar Inc., Teledyne Photometrics, CoolLED Limited, DeltaPix, Lyncee Tec
North America was the largest region in the microscope accessories market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the microscope accessories market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the microscope accessories market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The microscope accessories market consists of sales of objective lenses, eyepieces, illumination systems, stage accessories, focus mechanisms, camera attachments, filters, and specimen preparation tools. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Microscope Accessories Global Market Report 2024 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on microscope accessories market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for microscope accessories ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The microscope accessories market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
The impact of higher inflation in many countries and the resulting spike in interest rates.
The continued but declining impact of COVID-19 on supply chains and consumption patterns.