2nd May 2019 - Global electron microscopy market is expected to grow at a significant CAGR in the upcoming period as the scope and its applications are rising enormously across the globe. Electron microscopy (EM) implies usage of a beam of accelerated electrons to generate a high-resolution image of the non-biological and biological specimens. It has a higher magnification capability and great resolving power in comparison with a light microscope. It allows seeing much smaller objects in finer detail such as macromolecular complexes, tissues, and cell organelles.
The factors that are playing a major role in the growth of the market are technological enhancement in the field of analytical instruments, developed research centers and laboratories, and growing coalitions among key research institutes to enhance drug discovery. However, the high cost of electron microscopy may restrain overall market growth in the years to come. Electron microscopy market is segmented based on type, application, end-user, and region.
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Focused ion beam scanning electron microscope (FIB-SEM), transmission electron microscope (TEM), field emission scanning electron microscope (FEG SEM), tungsten filament scanning electron microscope (W-SEM), and other types could be explored in electron microscopy in the forecast period.
The market could be categorized based on applications such as material science, life science, earth science, nanotechnology, and others. The life science sector accounted for the substantial market share of electron microscopy and is estimated to lead the overall market in the years to come. Academic institutions, hospitals, universities, government & private laboratories, and other end-users could be explored in electron microscopy in the forecast period.
Globally, North America accounted for the substantial market share of electron microscopy and is estimated to lead the overall market in the years to come. The reason behind the overall market growth could be the presence of key manufacturers in the region, developed research laboratories, and the rising use of the latest technology. The United States and Canada are the major consumers of electron microscopy in this region.
Europe and the Asia Pacific are also estimated to have a positive influence on future growth. Europe is the second largest region with significant market share. However, Asia Pacific is estimated to grow at the highest CAGR in the forecast period. The aspects that may be ascribed to the growth comprise government initiative for the development of research centers, growing R&D expenditure, and developing life sciences applications. The developing countries like India and China are the major consumers of electron microscopy in this region.
The key players of electron microscopy market are Leica Microsystems (Danaher Corp.), Asylum Research, Thermo Fisher Scientific, Bio-Rad Laboratories, Sigma Aldrich Corp., Bruker Corporation, Roche Holdings AG, Carl Zeiss AG, Olympus Corporation, Danish Micro Engineering, Nikon Corporation, FEI Co., Jeol Ltd., and Hitachi High-Technologies Corporation. These players are concentrating on inorganic growth to sustain themselves amidst fierce competition.
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