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Optical Microscopes Market Size
Optical Microscopes Market size was valued at USD 2.6 billion in 2023 and is estimated to grow at over 5.8% CAGR from 2024 to 2032. An optical microscope, also known as a light microscope, is a type of microscope that utilizes visible light and lenses to magnify tiny objects. It is one of the oldest and most common types of microscopes, widely used in various scientific fields such as biology, medicine, research, and education. The continuous advancement in optical microscopy serves as a significant driver for the market.
For instance, in 2020, EU-funded researchers employed quantum physics to develop an optical microscope that has the potential to directly observe the tiniest of objects, including many viruses, for the first time. The goal of this EU-funded SUPERTWIN project was to create a new generation of microscopes utilizing advanced technologies.
Report Attributes | Details |
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Base Year: | 2023 |
Market Size in 2023: | USD 2.6 Billion |
Forecast Period: | 2024 - 2032 |
Forecast Period 2024 - 2032 CAGR: | 5.8% |
2032 Value Projection: | USD 4.3 Billion |
Historical Data for: | 2018 – 2023 |
No. of Pages: | 100 |
Tables, Charts & Figures: | 156 |
Segments covered: | Product, End-use, and Region |
Growth Drivers: |
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Pitfalls & Challenges: |
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Furthermore, market growth is credited to multiple factors, including the increasing research activities in life sciences, rising government initiatives and funding, growing awareness and accessibility, rising adoption of automated microscopy, which is estimated to reach 13.8 billion by 2032, and increasing digitalization and connectivity.
Optical Microscopes Market Trends
Market growth is expected to be propelled by increasing government initiatives and funding, leading to new discoveries and innovations in optical microscope design and capabilities.
- For example, in 2021, the Chan Zuckerberg Initiative (CZI) announced a commitment of over USD 5 million to advance bioimaging technologies, aiming to broaden access to these microscopes and enhance capacity for biomedical researchers.
- Similarly, in the U.S., the National Institutes of Health (NIH) and the National Science Foundation (NSF) serve as major sources of funding for optical microscopy research, particularly in life sciences and materials science.
- Funding programs are directed towards assisting researchers and companies in bringing new optical microscope technologies to market, thereby making these tools more accessible to scientists and industries.
- Moreover, grants can be allocated to training programs for scientists, technicians, and engineers specializing in microscopy, contributing to the development of a skilled workforce capable of utilizing and advancing optical microscope technologies.
Optical Microscopes Market Analysis
Based on product, the market is divided into inverted microscopes, digital microscopes, stereo microscopes, and other microscopes. The inverted microscopes segment held the market size of USD 1.3 billion in 2023.
- These microscopes are designed to observe samples from the bottom allowing for the examination of live cells in culture dishes, petri dishes, or other multi-well plates. This is crucial for cell biology where observing cells in their natural state is essential.
- Due to the advancements in video microscopes and camera technology, these microscopes can produce high-quality images and videos, making them attractive for both research and educational purposes.
- For instance, in November 2021 Nikon Instruments Inc launched the AX R MP multiphoton confocal microscope, a type of inverted microscopy that can acquire high-resolution, large field-of-view images, within living organisms at high speed.
- Additionally, automation is becoming more prevalent in microscopy with motorized stages, autofocus systems, and software for image acquisition and analysis, making inverted microscopes more efficient and user-friendly, thereby driving the segmental growth.
Based on end-use, the optical microscopes market is segmented into hospitals and clinics, diagnostic laboratories, academic & research institutes, and other end-users. The hospitals and clinics segment to reach USD 1.7 billion by the end of 2032.
- These settings use optical microscopes in microbiology labs to identify and study bacteria, viruses, and other microorganisms responsible for infections. Similarly, intraoperative consultation during surgeries can benefit from rapid evaluation of tissue samples using microscopes.
- Hospitals and clinics are increasingly adopting optical microscopes for their ability to capture and store high-quality images, aiding in documentation and sharing with other medical professionals. Further, digital microscopes are used for examining fluorescently labeled specimens, especially in cancer diagnosis, immunology, and genetics.
- Additionally, portable and handheld microscopes are becoming more common for point-of-care testing, enabling rapid diagnostics directly at the patient's bedside. Thus, the aforementioned factors are expected to drive the market’s growth.
North America optical microscopes market size accounted for USD 1.1 billion in 2023.
- The region is home to numerous renowned research institutions, universities, and laboratories conducting cutting-edge research in life sciences, biotechnology, and medicine. These institutions require advanced optical microscopes for their studies.
- The growing funding and policies created a demand for the advanced screening and diagnostic microscopes in North America. For instance, as per the report of National Institute of Health, the total budget of funding for various Research, Condition, and Disease Categories (RCDC) was USD 2.9 billion in 2020, USD 3.2 billion and USD 3.3 billion in 2022.
- North America has strict regulatory standards for optical microscopes. Compliance with these standards ensures quality and safety, driving the market towards reliable and reputable manufacturers.
Optical Microscopes Market Share
The optical microscopes industry is competitive in nature, with several large multinationals and small and mid-sized companies competing in the industry. Companies are developing innovative optical microscopes for complex imaging and interpretation. These microscopes range from inverted to digital, reflecting the various technological advancements. Regulatory approvals and collaborations with research institutions further influence market positioning.
Optical Microscopes Market Companies
Some of the eminent market participants operating in the optical microscopes industry include:
- ACCU-SCOPE
- Agilent Technologies, Inc.
- Bruker Corporation
- Carl Zeiss AG
- Celestron, LLC
- Danaher Corporation
- Hitachi High-Tech Solutions Corporation
- Meiji Techno
- Nikon Corporation
- Olympus Corporation
Optical Microscopes Industry News
- In June 2022, Hitachi High-Tech Corporation announced the launch of the AFM100 Pro High-Sensitivity Scanning Probe Microscope System, a high-end scanning probe microscope (AFM 1/SPM 2) equipped with a newly developed high-sensitivity optical head that improves sensitivity when measuring physical properties and enables measurement at atomic and molecular scales. This launch propelled the product portfolio and helped in generating sales.
- In April 2022, Carl Zeiss AG released the next generation of ZEISS Lattice Lightsheet 7 with improved gentleness and truly simultaneous multi-color imaging. This microscopy was tailored to observ cellular processes within cells and small organisms in 3D over extended time periods. Thus, the improved feature in optical microscopes boosted the sales of the company.
The optical microscopes market research report includes an in-depth coverage of the industry with estimates & forecast in terms of revenue in USD Million from 2018 – 2032 for the following segments:
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Market, By Product
- Inverted microscopes
- Digital microscopes
- Stereo microscopes
- Other microscopes
Market, By End-use
- Hospitals and clinics
- Diagnostic laboratories
- Academic & research institutes
- Other end-users
The above information is provided for the following regions and countries:
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- France
- Spain
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- Middle East and Africa
- Saudi Arabia
- South Africa
- UAE
- Rest of Middle East and Africa
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