Europe Microscope Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Product Type [Optical Microscope (Confocal Microscope, Stereo Microscope, Digital Microscope, and Others), Electron Microscope (Scanning Electron Microscope and Transmission Microscope), and Others], Application (Material Science, Nanotechnology, Life Sciences, Semiconductors, and Others), and End User (Industries, Academic & Research Institutes, and Others)
The Europe microscope market is expected to grow from US$ 2,710.64 million in 2022 to US$ 4,046.38 million by 2028; it is estimated to grow at a CAGR of 6.9% from 2022 to 2028.
Development of Novel Microscopes Fuels Europe Microscope Market
High resolution, live-cell imaging, and digitalization are a few technological advancements in the microscope field. A few new enhanced microscopes include expansion microscopes, scanning helium microscopes, multi-view microscopes, and integrated microscopy workflows. In September 2020, researchers from the University of Hong Kong in collaboration with Biefield University developed a compact laser microscope. The microscope does not require fluorescent markers to obtain images of cell molecules, eliminating the potential of label-induced toxicity. In addition, the digital microscope, including LED screen instead of an eyepiece, is gaining traction in the market. In February 2021, ZEISS launched ZEISS Visioner 1, an innovative digital microscope enabling all-in-one focus in real-time. Hence, growing development of novel microscopes is fueling the market growth across Europe.
The Europe microscope market is segmented into the UK, Germany, France, Italy, Spain, and the Rest of Europe. Germany dominated the market in 2022. The new state-of-art microscope provides researchers the tools for advancing cutting-edge work for cancer treatments. Also, Germany is a hub for manufacturing microscopes. For example, in July 2020, The Hormel Institute, University of Minnesota, announced acquiring US$ 350,000 Zeiss LSM 900 confocal microscopes. The new confocal instrument weighed ~600 pounds and was shipped from Germany. The new confocal microscope enables precise, 3D imaging, improved analysis of cellular organelles, and intracellular localization of proteins for accurately detecting cancer cell development for gaining knowledge and insights regarding cancer prevention and control. Germany is also the base for material science research. For example, the large-scale facility at the German Aerospace Center (DLR)—Institute of Material Research, Cologne. The center assists in mapping microstructure and analyzing the atomic level of the biological specimen. The results obtained through analysis assist in investigating the processes and mechanisms for their relevance to the production and properties of high-performance materials and identifying damages. Further, with the wide range of microscopy techniques that are available at the center, DLR's analytical transmission electron microscopy (TEM) system gains significant attention for its high spatial resolution and versatility. Moreover, TEM is specialized in detecting modern materials with increasingly fine structures for comprehensive identification of topology, crystal structure, and composition. Such aforementioned factors are responsible for the microscope market growth in Germany.
Europe Microscope Market Revenue and Forecast to 2028 (US$ Million)
Europe Microscope Market Segmentation
The Europe microscope market is segmented based on product type, application, end user, and country.
Based on product type, the Europe microscope market is segmented into optical microscope, electron microscope, and other. The electron microscope segment held the largest market share in 2022. The optical microscope segment is further segmented into confocal microscope, stereo microscope, digital microscope, and others. Similarly, electron microscope segment is further bifurcated into scanning electron microscope and transmission microscope.
Based on application, the Europe microscope market is segmented into material science, nanotechnology, life sciences, semiconductors, and others. The life sciences segment held the largest market share in 2022.
Based on end user, the Europe microscope market is segmented into industries, academic & research institutes, and others. The industries segment held the largest market share in 2022.
Based on country, the Europe microscope market is segmented into the UK, Germany, France, Italy, Spain, and the Rest of Europe. Further, Germany dominated the market in 2022.
Bruker Corporation; Carl Zeiss AG; COXEM Co., Ltd; Euromex Microscopen bv; Hitachi High-Tech Corporation; KLA Corporation; Leica Microsystems; Nikon Corporation; Olympus Corporation; and Thermo Fisher Scientific Inc. are the leading companies operating in the Europe microscope market.
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