The global Optical Microscopes Market is estimated to be valued at US$ 2,604.0 Mn or billion in 2023 and is expected to exhibit a CAGR of 5.6% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Optical microscopes help produce enhanced images of samples through the use of visible light and a system of lenses. They provide magnification ranging from 10x to over 2000x and are used across various industries like healthcare, electronics, automotive and more for inspection, documentation and research purposes.
Market key trends:
The increasing usage of optical microscopes in life sciences research and diagnostics is one of the key trends driving the growth of this market. Optical microscopes are widely utilized in pathology labs and research institutes for primary cell imaging, tissue analysis, drug discovery and disease investigation. Furthermore, the rising R&D spending on microscopy technologies across different industry verticals along with growing demand for high resolution microscopy imaging for nanotechnology research will also contribute to the market growth over the forecast period.
The global Optical Microscopes Market Size has been segmented on the basis of product, application, end use and geography. By product, the market has been classified into stereo microscopes, inverted microscopes, accessories, digital microscopes and other. Stereo microscopes dominated the market in 2023 as they offer 3D vision of specimens without requiring experience and skills of medical professionals, pathologists or researchers. By application, the optical microscopes market has been divided into material science, nanotechnology, life sciences, semiconductor and others. The life sciences segment accounted for the largest share in 2023 due to rising demand for optical microscopes in histopathology, cell biology and microbiology studies. By end use, the market has been categorized into industry & scientific research institute, academic & research institute and hospitals & diagnostic laboratories.
The global optical microscopes market is expected to witness high growth, exhibiting CAGR of 5.6% over the forecast period, due to increasing demand for advanced microscopy systems from healthcare and industrial sectors.
North America dominated the optical microscopes market in 2023, owing to rising adoption of digital microscopy and presence of key players in the region. Asia Pacific is expected to witness the fastest growth during the forecast period due to growing pharmaceutical and biotechnology industry.
Key players operating in the optical microscopes market are ACCU-SCOPE Inc., Agilent Technologies, AmScope, Bruker Corporation, Labomed, Inc., Olympus Corporation, Celestron, Nikon Instruments Inc., Meiji Techno, Carl Zeiss AG, Hitachi High-Tech Corporation, and Danaher Corporation (Leica Microsystems), among others.