Global Microscopy Market Growing Due To Rising Focus on Nanotechnology

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The global microscopy market is poised to reach USD 6.72 Billion by 2021 from USD 4.68 Billion in 2016, at a CAGR of 7.5% from 2016 to 2021.

(EMAILWIRE.COM, February 04, 2017 ) Browse 146 market data Tables and 62 Figures spread through 210 Pages and in-depth TOC on "Microscopy Market by Product (Optical Microscopy-Fluorescence & Super Resolution Microscope), Confocal Microscopy, Electron Microscopy), Application - Semiconductor, Life Sciences) & End Users (Academic Institutes, Industries) - Global Forecast to 2021"
http://www.marketsandmarkets.com/Market-Reports/world-microscopy-399.html

In this report, the global microscopy market is broadly segmented by product, application, end user, and region. By type of product, the microscopy market is categorized into optical microscopes, confocal microscopes, electron microscopes, and scanning probe microscopes. The optical microscopes segment is further segmented into fluorescence microscopes, and super-resolution microscopes. The confocal microscopes segment is categorized into multi-photon microscopes and confocal disk spinning microscopes. The electron microscopes segment is further divided into transmission electron microscopes and scanning electron microscopes. The scanning probe microscopes segment is further segmented into scanning tunneling microscopes, atomic force microscopes, and near-field scanning optical microscopes.

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Based on application, the microscopy market is broadly classified into semiconductors, life sciences, nanotechnology, and material sciences. Nanotechnology is the fastest-growing segment. The high growth rate of this market can be attributed to growing global focus on nanotechnology, favorable government and corporate funding, and technological advancements.

On the basis of end user, the microscopy market is categorized into academic institutions, industries, and other end users (government research institutes and private laboratories). Academic institutions are estimated to emerge as the major end users of the microscopy market in 2016. This can be attributed to the growing research and development in the field of neuroscience, optogentics, and nanotechnology, and increasing government funding for research purpose.

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Growth of this market is propelled by the rising worldwide focus on nanotechnology and favorable government and corporate funding. The market is further driven by technological advancements like high-throughput techniques, super resolution, and digitization of microscopes. Integration of microscopy with spectroscopy, novel application areas such as optogenetics, and emerging markets such as Brazil, China, India, and the Middle East provide new growth opportunities to players in the microscopy market. However, the high cost of advanced microscopes, implementation of excise tax by the U.S. government, and heavy custom duty charged on medical devices are the key factors limiting the growth of this market. In addition, the time-consuming sample preparation process and high degree of technical expertise required are key market challenges.

Key players operating in the microscopy market are Carl Zeiss (Germany), FEI Co. (U.S.), Danaher Corporation (Leica Microsystems) (U.K.), Nikon Corporation (Japan), and Olympus Corporation (Japan).

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