Applications of Microscopy Devices Market in Various Fields

  • Published On : Jul 28, 2014
The microscopy devices market over the years has been influenced by ongoing developments in technology. Research and development has contributed to evolution of products in various fields, microscopes are one such product. Currently, there is broad range of microscope products available. Microscopes are required for studying details of a substance, which is too small and cannot be studied by the naked eye. Microscopes, optical devices help to magnify a sample several hundred times that allows for close inspection of the sample. Microscopy devices find their application in several fields, which ranges from life sciences to nanotechnology.

Types of Microscopes and Application of Microscopy Devices Market

In 1590s, two Dutch spectacle makers invented the first microscope, which was more of a novelty rather than a scientific tool. Currently, the microcopy devices industry is marked with proliferation of microscopes. Presently, the microscopes are available in attractive colors and designs to attract young enthusiasts. Microscopy devices in the market today are available for a hundred dollars to thousands of dollars. The industry of microscopy devices is segmented into three major sections which are products, applications, and geography.

Types of Microscopy Devices

Based on the product type, the industry is segmented into optical microscopes, scanning probe microscopes, electron microscopes, and others. Optical microscopes are divided further into stereomicroscopes, inverted microscopes, fluorescence microscope, phase contract microscopes, near filed scanning microscopes, confocal scanning microscopes, and others. Scanning probe microscopes are segmented as atomic force microscope and scanning tunneling microscopes. Electron microscopes are classified based on the principle they use, hence, they can be either scanning-based electron microscope or transmission-based electron microscope.

Applications of Microscopes

Some examples of applications of microscopy devices are life sciences, semiconductors, nanotechnology, pathology, material sciences, etc. Histologists commonly study tissues or cells using a microscope and other tools to check if the sample is cancerous. Microscopes are also used for examining forensic evidence, which cannot be studied by the naked eye. Powerful microscopes are used to study atomic force and structure by scientists.

Microscopy Devices Market Determinants and Opportunities

The dynamics of microscopy devices industry gets affected by elements such as market drivers, restraints, and opportunities. One of the primary drivers for this market is the increasing global funding for the nanotechnology industry. Nanostructures can be as minute as 1/1000th the diameter of a human hair, hence, the most sophisticated optical microscopes is used to study these tiny structures.

Two other key microscopy devices market drivers are the developing semiconductor market in emerging countries and growth in the research and development activities in several application areas of these devices. However, complexities arising from sample preparation and instrumentations hamper the development of the market. Also, premium pricing suppresses the penetration of the market in the advanced microscopes sector.

Brief Analysis of the Global Microscopy Devices Market

The global microscopy devices industry is divided into four main zones which are North America, Europe, Asia, and rest of the world. The key companies in the industry include Carl Zeiss AG, Hitachi High Technologies Corporation, FEI Company, JEOL Ltd, Nikon Corporation, Leica Microsystems, Danish Micro Engineering, and Olympus Corporation.

The global microscopy devices market in 2014 was valued at USD 5.75 billion and estimated to reach a market value of USD 9.69 billion in 2020, according to a market intelligence company. The company stated that a growth of 7.6% CAGR will be observed during the forecast period of 2014 to 2020. Optical microscopes market dominated the market by 38.9% shares. Among applications, life sciences industry sector accounted for the dominant market share in 2013, and is estimated to grow at a CAGR of 6.4% during the forecast period, followed by material sciences and semiconductor segment.

The microscopy devices market will develop due to opportunities arising from emerging markets of developing nations and introduction of niche application sectors such as quantum dots and miniature transistor chips.
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