Microscopy Market in Europe 2016-2020
A microscope is used to observe objects that are too small to be seen with a naked eye. Microscopes can be used to see fine structures in a sample as they offer a magnified image. The science of investigating small or tiny objects using such an instrument is called microscopy. Microscopy devices are known to provide knowledge about biological processes at a cellular level.
Technavio’s analysts forecast the microscopy market in Europe to grow at a CAGR of 6.48% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the microscopy market in Europe for 2016-2020. The report also presents the vendor landscape and a corresponding detailed analysis of the major vendors operating in the market.
The market is divided into the following segments based on end user:
Technavio Announces the Publication of its Research Report – European Microscopy Market 2016-2020
Technavio recognizes the following companies as the key players in the report European microscopy market: Carl Zeiss, FEI Company, Leica Microsystems, Nikon Corporation, Asylum Research, Bruker corporation, Danish Micro Engineering, Delong America, DELMIC, Hitachi High-Technologies Corporation, Jeol, Keysight Technologies, Olympus Corporation, Phenom-World, Siemens, Sigma Aldrich, TESCAN, WITecm, Vision Engineering, and Yancy Corporation
Commenting on the report, an analyst from Technavio’s team said that advances in technology is one the key trends. Technological advances are the foundations of research equipment and its applications. With digitization and the introduction of better resolution microscopes, the research domain is benefitting continuously. Super resolution imaging has resulted in the development of absorption-based detection, measurements, and live digital imaging cameras. These new advances have contributed to 3D imaging. Also, the increasing complexity and shrinking dimensions of devices being manufactured by the life sciences and biomedical industries have increased the demand for high-resolution and focused electron beam producing microscopes.
According to the report, increased use in root-cause failure analysis is one of the drivers promoting growth. Advances in the semiconductor and embedded industries have resulted in a high degree of complexity in the designing and production of ICs and printed circuit boards (PCBs). Often, the failure of a product in terms of strength and other features occurs at the micro level. So chip and board designers are developing high-density products that support high-end applications. By using high-resolution imaging and the in-depth reality of product structure that SEM instruments provide, firms are able to analyze and develop high-quality products; finding the root cause of product failures allows firms to improve productivity and efficiency. Root-cause failure analysis is used in a range of industries, such as manufacturing and automotive, and in the 3D construction of biological structures like proteins and viruses.
Further, the report states that high cost is one of the challenges that the market is facing. The cost of microscopy devices is increasing because of additions in features and components. Although new features like live imaging, digitization, and 3D imaging have benefited research in various ways, they have increased the net price of medical research and microscope equipment. For instance, the cost of low-quality STMs start at approximately $8,000. However, STMs of professional quality are priced in the range of $30,000-$150,000 depending on the manufacturer and the additional parts included.
Carl Zeiss, FEI Company, Leica Microsystems, Nikon Corporation, Asylum Research, Bruker corporation, Danish Micro Engineering, Delong America, DELMIC, Hitachi High-Technologies Corporation, Jeol, Keysight Technologies, Olympus Corporation, Phenom-World, Siemens, Sigma Aldrich, TESCAN, WITecm, Vision Engineering, and Yancy Corporation
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