Electron Microscopes Market Analysis and Forecast to 2031: By Product Type (Transmission Electron Microscope, Scanning Electron Microscope, Scanning Transmission Electron Microscope), Application (Semiconductor, Material Science, Life Sciences, Earth Sciences), End User (Industries, Academic & Research Institutes, Others), and Region
The electron microscope market was valued at USD 2.6 billion in 2021 and it is anticipated to grow up to USD 5.9 billion by 2031, at a CAGR of 8.4% during the forecast period.
Microorganisms, cells, big molecules, biopsy samples, metals, and crystals are just a few of the biological and inorganic specimens that can be studied under an electron microscope to learn more about their ultrastructure. For quality assurance and failure analysis in the workplace, electron microscopes are frequently employed. Modern electron microscopes record the images with specialized digital cameras and frame grabbers to create electron micrographs.
Global Electron Microscope Market Scope and Report Structure
Market Trends and Drivers
Digitization, live-cell imaging, ultra-high resolution, and high throughput techniques are examples of technological developments in microscopy. This progress lowers the price of the product and testing. Recent advancements in microscope technology include the development of expansion microscopes, scanning helium microscopes (SHeM), multi-view microscopes, and integrated microscopy processes. The most recent development in the market for electron microscopy and sample preparation is digital microscopy. Enhanced image quality and increased precision provided by digital imaging result in fewer distorted images and better sample viewing. Digital microscopy has been more widely adopted as a result of the introduction of entire slide scanning technologies. In R&D, forensics, quality control, and failure analysis, these devices provide detailed imaging of specimens with 2D and 3D images.
Market Restraints and Challenges
Open-source software's accessibility is a market limitation. Any programmer with access to the software can examine it, make changes, or, if necessary, correct any bugs. In contrast, the majority of commercial software products are closed-source, pricey, and proprietary, while open-source software is typically free. ImageJ/FIJI, Cell Profiler/Cell Analyst, Neuron studio, Volume Integration and Alignment System (VIAS), and L-measure are some of the open-source, free confocal microscopy analysis tools. The market for licensed closed-source software is directly hampered by the high preference for open-source solutions among most small-scale end customers, academic institutions, and research organizations.
Global Electron Microscope Market Segmental Overview
The report analyses the global electron microscope market based on product type, application, end user, and region.
Global Electron Microscope Market by Product Type
Based on product type, it is segmented into the transmission electron microscope, scanning electron microscope, and scanning transmission electron microscope. The scanning electron microscope segment is likely to hold the largest size of the electron microscope market. The key factors such as microscopes create 3-dimensional images with a high depth of field, high resolution (less resolution than TEMs), and information on the topography, morphology, and composition of objects. As a result, they are crucial research instruments in the fields of metallurgy, gemology, medical and forensic sciences, and biological sciences are boosting the growth of the market.
Global Electron Microscope Market by Application
Based on application, it is segmented into semiconductors, material sciences, life sciences, and earth sciences. The life science segment is likely to hold the major share of the market. The rising prevalence of chronic diseases leads to increased R&D expenditure and demand for the digital microscope in the areas of life sciences and medicines are some factors boosting the growth of the market.
Global Electron Microscope Market by End User
Based on end user, it is segmented into industries, academic & research institutes, and others. The industries segment is anticipated to hold the majority of the share of the market. The key factors boosting the growth of the segment are the electronic industry uses electron microscopes for high-resolution imaging in the development and manufacturing process of semiconductors and other electronics. Other industries that commonly use electron microscopes as a part of their production process include aeronautics, automotive, apparel, and pharmaceutical. An electron microscope can also be applied in industrial failure analysis and process control of diverse industries.
Geographical Analysis of Global Electron Microscope Market
Region-wise, it is studied across North America, Europe, Asia Pacific, and the Rest of the World. The Asia Pacific region is likely to register the highest CAGR during the forecast period. The key factors such as rapid growth witnessed in application areas like semiconductors, automobiles, pharmaceuticals, and nanotechnology, in this region are boosting the growth of the market.
Major Players in the Global Electron Microscope Market
The COVID-19 outbreak has affected trade and economic activity all across the world. The tiny software market for the healthcare and semiconductor industries is anticipated to benefit, whereas the microscopic software market for the automotive and aerospace industries will suffer.
Production and manufacturing have been significantly impacted by the announcements of widespread lockdowns and temporary closures of various industries by a number of nations throughout the world. The demand-supply mismatch has been made worse by trade obstacles. The COVID-19 epidemic will have a mixed impact on businesses working in the semiconductors for the electron microscope market both now and in the future. Semiconductors are used in a variety of end-use industries, including the automotive and aerospace sectors as well as the life sciences, healthcare, and medical device sectors. The semiconductor application sector is anticipated to see good effects in some areas and negative effects in other areas, depending on how different parent industries are impacted. The total effect of COVID-19 will, however, probably be marginally to the positive side for this application area. This is due to the growing importance of computation and storage, the high demand for consumer smart home categories, the expansion of IoT for digitalization, and the requirement for reliable network and communications.
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