Market Size – USD 568.51 Million in 2020, Market Growth – CAGR of 12.8%, Market Trends – Accelerated technological progress in microscopy techniques
The global Microscope Software Market is expected to be valued at USD 1,490.0 Million by 2028 from USD 568.51 Million in 2020, registering a CAGR of 12.8% through the forecast period. The growing investment in the field of medical technology, the rising usage of microscopy in varied applications, and the advent of technically advanced software solutions are contributing to the market growth. The software helps generate 3D data of the sample and enables the researchers to gather vital information in real-time. This is further projected to drive market growth.
Advances in biomedical and
pharmaceutical research have led to the generation of enormous biological data
that are bolstering the demand for robust software solutions and advanced
microscopy, thereby augmenting the market growth. Moreover, the surging
emphasis on R&D across various industrial verticals such as automotive,
aerospace, healthcare, and the increasing incorporation of microscopes in
industries such as polymers are further predicted to propel the industry’s
growth in the timeframe.
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However, the dearth of skilled
professionals, the high costs of the microscopes and software subscriptions,
and the availability of numerous open-source software are projected to bolster
the market growth over the estimated timeframe.
Key Highlights from the Report:
- The electron microscope segment is
estimated to register significant growth in the estimated timeframe
accredited to the increasing advancement in the field of electron
microscopy, augmenting investment in biomedical research, and the growing
adoption of the electron microscope in various science disciplines.
- The life sciences application segment is
foreseen to occupy a sizeable share of the market in the projected
timeframe owing to the growing demand for microscopes from life sciences
institutions accelerated development in nanotechnology research, and
growing investment in R&D activities.
- The pharmaceutical and biotechnology
organizations segment is projected to occupy a significant share of the
market in the projected timeline ascribed to the soaring adoption of the
microscope and microscopy software for quality assurance and R&D
activities. The emergence of high-throughput techniques is further adding
traction to the market growth.
- North America is projected to occupy the
second-largest share of the market in the estimated timeframe ascribed to
the increasing penetration of advanced microscopes, the existence of major
players in the region, and the increasing strategic collaboration in the
region.
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- Major companies in the market include Carl Zeiss AG, Arivis AG, Nikon
Corporation, Thermo Fisher Scientific, Inc., Danaher Corporation, Olympus
Corporation, Scientific Volume Imaging B.V., Oxford Instruments Plc.,
Object Research Systems, Inc., Hitachi High-Tech Corporation, and JEOL
Ltd., among others.
- In 2019, Thermo Fisher Scientific unveiled
a new software “Thermo Scientific Avizo2D software” at the Microscopy and
Microanalysis 2019, which is an AI-powered software that enables automated
imaging and analysis to help researchers obtain data faster and
efficiently through electron microscopy.
- In 2020, ZEISS gained a controlling stake
in the German software developer, arivis AG, to expand its microscopy
business globally. The latter develops software solutions that enable
seamless visualization of 2D, 3D, and 4D imaging data.
For the purpose of this report,
Reports and Data has segmented the global Microscope Software Market based on
Microscope Type, Application, End-user, and Region:
Microscope Type Outlook
(Revenue, USD Million; 2018-2028)
- Electron Microscope
- Optical Microscope
- Raman Microscope
- Others
Application Outlook (Revenue,
USD Million; 2018-2028)
- Life Sciences
- Material Sciences
- Aerospace
- Healthcare
- Automotive
- Others
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End-User Outlook (Revenue, USD
Million; 2018-2028)
- Pharmaceutical and Biotechnology
Organizations
- Academic and Research Institutes
- Neuroscience Research
- Others
Regional Outlook (Revenue, USD
Million; 2018-2028)
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- U.K.
- Italy
- France
- BENELUX
- Rest of Europe
- Asia Pacific
- China
- Japan
- South Korea
- India
- Rest of APAC
- Latin America
- Brazil
- Rest of LATAM
- Middle East & Africa
- Saudi Arabia
- U.A.E.
- South Africa
- Rest of MEA
Key Points Covered in the Report:
·
Comprehensive
analysis of opportunities and risks in the Microscope Software market
·
Recent
mergers and acquisitions, collaborations, and technological innovations in the
Microscope Software market
·
Conclusive
assessment of the growth rate and dynamics in the Microscope Software market
·
In-depth
study of key market drivers, restraints, macro- and micro-economic factors,
threats, opportunities, and limitations
·
Analysis
of current and emerging market trends in the Microscope Software market
·
Revenue
growth estimations for the period of 2021-2028
·
Analysis
of top companies and new players operating in the market to offer competitive
edge to the readers
·
Comprehensive
study of the key market dynamics and their latest trends and insights into key
segments and sub-segments
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Table of Content:
Introduction
1.1 Objectives Of The Study
1.2 Market Definition
1.2.1
Markets Covered
Figure 1 Microscope Software Market Segmentation
1.2.2
Years Considered For The Study
1.3 Currency
1.4 Limitations
1.5 Stakeholders
1.6 Summary Of Changes
2 Research Methodology
2.1 Research Data
Figure 2 Research Design
2.1.1
Secondary Research
2.1.1.1 Key Data From Secondary Sources
2.1.1.2 Primary Research
Figure 3 Primary Sources
2.1.1.3 Key Data From Primary Sources
2.1.1.4 Key Industry Insights
2.1.1.5 Breakdown Of Primaries
Figure 4 Breakdown Of Primary Interviews (Supply
Side): By Company Type, Designation, And Region
Figure 5 Breakdown Of Primary Interviews (Demand
Side): By Type Of End-Use Industry, And Region
2.2 Market Size Estimation
2.2.1
Bottom-Up Approach
2.2.2
Top-Down Approach
Figure 6 Microscope Software Market: Top-Down
Approach
2.2.3
Growth Forecast
2.3 Market Breakdown And Data
Triangulation
Figure 7 Data Triangulation Methodology
2.4 Market Player Ranking
2.5 Assumptions For The Study
3 Executive Summary
Microscope Software Market, By Type, 2021
& 2028 (Usd Million)
Microscope Software Market, By Type Of
Microscope, 2020 Vs. 2028 (Usd Million)
Microscope Software Market, By
Application, 2021 & 2028 (Usd Million)
Microscope Software Market, By Region, 2021
& 2028 (Usd Million)
4 Premium Insights
Continued…
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