Microscope Market Size, Share, Growth and Forecast to 2031

 According to a recent report published by Allied Market Research, titled, “Microscope Market By Type and End Use: Opportunity Analysis and Industry Forecast, 2020-2027”, the global microscope market size was valued at $1.39 billion in 2019, and is projected to reach $1.64 billion by 2027, registering a CAGR of 3.2% from 2020 to 2027. 

In 2019, North America dominated the microscope market share among all regions analyzed, contributing more than 35% share of the overall revenue. The major industries that are backbone to the North American economy are healthcare, construction, technology, general manufacturing, and food processing. The industries find various applications for electron microscope such as precision analysis, fault detection, and molecular imaging, among others. 

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A scanning electron microscope (SEM) creates images of a sample by scanning the surface sing, a focused beam of electrons. The electrons focused interact with atoms of the sample. This creates signals which contain information about the composition of the sample and the surface topography. Scanning electron microscope are adopted in small- to medium-scale R&D institutes and pharmaceutical companies. SEM offers quality assurance personnel and researchers with data regarding surface morphology and properties such as topography, chemical analysis, and fractography. Therefore, the benefits and features provided by SEM drives the market demand.  

The key players that have a major microscope market share include: 

  • Angstrom Advanced INC, 

  • Hitachi High Technologies,  

  • TESCAN GMBH,  

  • Thermo Fisher Scientific,  

  • Carl ZEISS AG,  

  • JEOL LTD.,  

  • Horiba Ltd.,  

  • Olympus Corporation,  

  • Nikon 

  • Leica Microsystems, 

The semiconductor industry is the aggregation of companies which are engaged in designing and fabrication of semiconductors. As microelectronics industry relies on critical dimensions of the components and product developed, it demands the use of electron microscopes. Market leaders offer electron microscopes for applications in microelectronics and semiconductors for precision in measuring, analysis of surface nature of the materials used, and others. Thereby, offering accurate and reproducible results from quality control and process control. Therefore, there is high demand for electron microscopes in this sector.   

Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. North America was the highest revenue generator in 2019, accounting for $536.2 million, and is estimated to garner $625.0 Million by 2027, growing at a CAGR of 2.5%.  

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The microscope market is segmented on the basis of type, end use, and region. On the basis of type, the market is categorized into scanning electron microscope, transmission electron microscope, focused ion beam, and others. On the basis of end use, it is divided into semiconductor & microelectronics, healthcare, general manufacturing, food processing, construction, and other. By region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. 

Key Findings of the Study 

  • By type, the scanning electron microscope held the highest revenue of $755.3 million in 2019, and contributed a major part in microscope market share. 

  • By end use, the semiconductor & microelectronics segment held the highest revenue share of the market in 2019, generating $526.2 million as per the microscope market analysis. 

  • By region, North America is expected to dominate the market, garnering a major microscope market share during the forecast period. 

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