KEY FINDINGS The Europe microscopy market is projected to be worth $2434 million by the end of the forecast years of 2017-2025, rising at a CAGR of 7.25%. This is a considerable increase from the year 2016, where it accounted for just $1313 million.
MARKET INSIGHTS The European market utilizes microscopy for the extensive scientific research which goes about in the country. Microscopy finds its application in pathological testing, drug manufacturing, and research. The presence of top pharmaceutical companies in the region provides an added benefit to this market. The United Kingdom market accounted for the highest share in 2016. However, it is Germany, which is growing at the highest CAGR of 7.81% for the forecast period. The country is a medical tourism hub, and its market is driven by the supportive government norms and policies. The rest of Europe market which includes Austria, Russia, and other regions is also expected to exhibit a steady growth due to the growing research work in the field of biotechnology and nanotechnology.
COMPETITIVE INSIGHTS Bayer Ag, GE Healthcare, Bruker Corporation, Nikon Corporation, Agilent Technologies, Danaher Corp, Thermo Fisher Scientific Inc, Oxford Instruments, Olympus Corporation, Danish Micro Engineering (Acquired by Semilab ZRT), Jeol Ltd, JPK Instruments Ag, and Carl Zeiss Ag are some of the important companies in this market.