(PharmaNewsWire.Com, April 18, 2019 ) The microscopy market is expected to reach USD 7.39 Billion by 2022 from USD 5.30 Billion in 2016 at a CAGR of 5.7%.
The base year considered for the study is 2016 and the forecast for the market size is provided for the period between 2017 and 2022. In the current market scenario, there is a growing demand for microscopes. The objective of this report is to define, describe, and forecast the market on the basis of product, type, application, end user, and region. It provides detailed information regarding the major factors influencing the growth of the market. This report also tracks and analyzes competitive developments of the key players in terms of market developments, product portfolios, and financials.
In 2017, in terms of value, North America is expected to account for the largest share of the global microscopy market, followed by Europe, Asia Pacific, and RoW. In terms of growth rate, Asia Pacific region is expected to register the highest growth rate from 2017 to 2022. Rising R&D funding for the development of microscopes, increasing nanotechnology research, low material costs, and growing expertise and academic excellence in emerging APAC countries such as China and India are the major factors driving the growth of this market.
The key players in the microscopy market include Carl Zeiss (Germany), Danaher (US), Thermo Fisher Scientific (US), Nikon (Japan), Bruker (US), Olympus (Japan), Oxford Instruments (UK), JEOL (Japan), and Hitachi High-Technologies (Japan).
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