DUBLIN--(BUSINESS WIRE)--The "Global Super-resolution Microscopes Market Size, Share & Trends Analysis Report by Technology (STED, STORM, SIM, PALM, FPALM), by Application (Life Science, Nanotechnology), by Region, and Segment Forecasts, 2021-2028" report has been added to ResearchAndMarkets.com's offering.
The global super-resolution microscopes market size is expected to reach USD 5.5 billion by 2028 and is expected to expand at a CAGR of 8.9%.
Increasing application in cell biology and biomedical imaging and technological advancements are factors expected to drive the market over the forecast period.
In the nanotechnology application segment, techniques such as Stochastic Super-resolution Microscopy (SSRM) have proved to give better results for various catalysis processes, such as metal nanoparticle catalysis, and they promise to accelerate the development and discovery of new and better catalysts. The SIM technology segment is projected to account for the largest market share by 2028. STORM technology is estimated to register the fastest CAGR from 2021 to 2028.
The U.S. is one of the leading markets owing to technological advancements and surging R&D expenditure. In addition, the rising incidence of cancer and neurological disorders on account of the growing elderly population is driving demand for super-resolution microscopy. Europe is anticipated to hold a significant share in the coming years due to the easy availability of high-end systems.
Moreover, the COVID-19 pandemic has led to severe restrictions in both private and public business environments. During the pandemic, a decrease in the manufacturing and supply of all kinds of medical devices, including super-resolution microscopes, has been recorded due to the sudden shut down of activities to prevent the spread of infection. In most countries, any ongoing research has been paused as most of the research labs are involved in studies of the novel coronavirus as well as relevant diagnostics.
Super-resolution Microscopes Market Report Highlights
- By application, the life science segment held the largest share in 2020 as super-resolution microscopes are used in place of electron microscopes as they allow researchers to image biological specimens more precisely. The rise in research activities in neurology and cell biology is expected to fuel the segment growth
- The STED technology segment held the largest market share in 2020 due to its ability to deliver diffraction-unlimited images, with no need for further computational processing
- North America held the largest market share in 2020. Increasing research activities in different segments of life science and nanotechnology and initiatives taken by the government in past years, where research funding agencies encouraged researchers to adopt super-resolution microscopes, are expected to drive the regional market
- Asia Pacific is expected to expand at the fastest CAGR in the coming years. High product sales in countries, like China, and the growing interest of photonics companies and venture capitalists in the field of electronics and life sciences are the factors driving the regional market
Market Dynamics
Market Driver Analysis
- Rising R&D expenditure catering to emerging application areas
- Increasing demand for super-resolution in cell & microbiology and technological advancement
- Increasing demand for nanotechnology-based research
Market Restraint Analysis
- High cost of super-resolution microscopes impeding market penetration
- Complexities associated with the operations
Business Environment Analysis Tools
- Porter's Five Forces Analysis
- PESTEL Analysis
Regulatory Framework & Reimbursement Scenario
Major Deals & Strategic Alliances Analysis
- Joint ventures, mergers & acquisitions
- Licensing & partnership
Impact of COVID-19 on Super-resolution Microscopes Market
Companies Mentioned
- ZEISS
- Applied Precision (GE Healthcare)
- Nikon Corporation
- Olympus Corporation
- Leica Microsystem (Danaher Corporation)
- Bruker Corporation
- Hitachi High-Technologies Corporation
For more information about this report visit https://www.researchandmarkets.com/r/ckqbzl
