Europe Microscopy market to reach value of $1,798.4 million by 2020

According to the market report, the Europe microscopy market is estimated to reach market value of $1,798.4 million by 2020, at a CAGR of 7.0 % till 2020.

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Rising research & developments in nanotechnology, government and corporate funding & support, and technological development like super resolution microscopy, high-throughput techniques, and digitization of microscopes are the factors propelling the growth of microscopy market.

The report studies the Europe microscopy market on the basis of product, application, end user, and region.

Optical microscopes, confocal microscopes, electron microscopes, and scanning probe microscopes are the different range of products of microscopy market, in which Fluorescence microscopy (FM) and super-resolution microscopy, total internal reflection fluorescence microscopy (TIRF), fluorescence resonance energy transfer (FRET), fluorescence recovery after photo-bleaching (FRAP), and fluorescence lifetime imaging microscopy (FLIM), stochastic optical reconstruction microscopy (STORM), structured illumination microscopy (SIM), stimulated emission depletion microscopy (STED), coherent anti-strokes Raman scattering microscopy (CARS), photo-activated localization microscopy (PALM), and reversible saturable optical fluorescence transitions (RELSOFT) and others are the sub-segments. Out of all, the optical microscopy segment accounted for the largest share 39.5% of the European microscopy market in 2014.

The report analyses the semiconductors, life sciences, nanotechnology, and material science application fields of microscopy market. Nanotechnology field is the fastest growing application sector for microscopy.

Europe microscopy market study also analyses the performance of the market with respect to its end-user segment which includes academic institutes, industries, government research institutes and private laboratories. Academic institutes are the major end users.

In 2014, U.K accounted for the largest share of the Europe microscopy market, followed by Germany. Companies operating in Europe microscopy market also focusing on the issues like reducing the cost of advanced microscopes and others.

Some of the big names operating in Europe microscopy market are Carl Zeiss (Germany), Leica Microsystems (Danaher Corp.), Nikon Corporation (Japan), FEI Co. (U.S.) and others.

The statistics are given by the report, ‘European Microscopy Market by Product (Optical (Fluorescence, Super-Resolution), Confocal, Electron (Transmission), Scanning (AFM)), Application (Semiconductor, Life Science, Nanotechnology), End User (Academic Institute, Industries) - Forecast to 2020.’

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