Global Life Science Microscopy Devices Market is Forecast to Reach US$ 2,472.2 Million by 2019; CAGR of 6.8% from 2015 to 2019

SA-BRC announces the release of its report on "Global Life Science Microscopy Devices Market Assessment & Forecast 2015 - 2019." Scanning probe microscopy will be the fastest growing imaging modality within the life science microscopy market. High demand of fast Atomic Force Microscope systems will be responsible for the segment growth. AFM systems are projected to grow at a CAGR of 8.7% from 2015 to 2019.

Houston, TX, March 21, 2016 --( The study focuses on all major microscopy devices used in the life sciences sector. This includes academics, research, healthcare, biology, forensics, biochemistry, nanotechnology and microfluidics along with other niche areas such as archeology. Since microscopes used in life sciences are identical to those used in other industrial sectors, the research isolates and studies that division assumed to be in use primarily for life sciences purpose. This report segments the global life science microscopy devices market into four primary segments; Optical Microscopy, Electron Microscopy, Scanning Probe Microscopy and Others. Sub-segments analyzed within these major market segments include fluorescence microscopes, stereo microscopes, inverted microscopes, compound microscopes, scanning electron microscopes, transmission electron microscopes, atomic force microscopes, confocal laser scanning microscopes, phase contrast microscopes and polarizing light microscopes, scanning tunneling microscopes, scanning near-field microscopes and helium ion microscopes among others.

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Pricing remains a major challenge to growth of the market as potential buyers still continue to rely on refurbished sales. Spares and additional parts of several high-resolution microscopes are considerably expensive. Moreover several microscopes use radiation for which shielding is of extreme importance. Thus a large variety of modern microscopy technology continues to be out of reach for most academic and research organizations in emerging countries. In well-funded institutions within emerging countries such as India, Malaysia, Brazil, China students and researchers are required to accommodate with using just one or two systems. Since the average cost of scanning probe and electron microscopes can exceed beyond US$ 500,000 – US$ 2,000,000 the cost accounts for a sizable portion of the total funds allotted. Although economy in these regions is improving, their purchase power is expected to be strong only by the end of the forecast period or may even extend into the next decade.

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The report covers over 20 major players operating in multiple or single product segments. Leica Microsystems, Olympus Corporation, JEOL, Carl Zeiss, FEI, Meiji Techno, Tescan Orsay are the major players in the global market. Top three companies have expanded operations globally into new markets in recent years. Leica expanded operations into Latin America and Middle-East and Olympus is anticipated to penetrate emerging countries such as China and India. Growing demand of digitization and automation in microscopy is being targeted even as smaller domestic players continue to slowly bite into the shares of international players.
John Whitmore