(EMAILWIRE.COM, May 30, 2017 ) Major factors fueling market growth are the rising global focus on nanotechnology, favorable government and corporate funding, and technological advancements such as super-resolution microscopy, high-throughput techniques, and digitization of microscopes. However, the high cost of advanced microscopes; implementation of excise tax by the U.S. government; and heavy custom duty on medical devices are restricting the growth of the microscopy market.
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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.

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.

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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.

Geographically, North America (comprising the U.S. and Canada) is expected to account for the largest share of the global microscopy market in 2016. Factors such as favorable funding scenario, rising focus on nanotechnology, and technological advancements are driving the growth of this region. However, the implementation of excise tax by the U.S. government and a dearth of skilled labor are the major factors restraining the growth of this market.

Compared to mature markets, the Asia-Pacific region is expected to grow at the highest rate from 2016 to 2021. Growth in this region is propelled by factors such as improving R&D infrastructure, rising focus of market players, and increasing government initiatives.

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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