At 7.1% CAGR, the North America Microscope Market is projected to be worth US$ 6,857.58 million by 2028, says Business Market Insights

According to Business Market Insights’ research, the North America microscope market was valued at US$ 4,540.15 million in 2022 and is expected to reach US$ 6,857.58 million by 2028, registering a CAGR of 7.1% from 2022 to 2028. Development of novel microscopes and increasing awareness and use of microscopes in academics are the critical factors attributed to the North America Microscope Market expansion.

High resolution, live-cell imaging, and digitalization are a few technological advancements in the microscope field. A few new enhanced microscopes include expansion microscopes, scanning helium microscopes, multi-view microscopes, and integrated microscopy workflows. In May 2022, the Department of Energy's Oak Ridge National Laboratory announced that its researchers are teaching microscopes to drive discoveries with an intuitive algorithm developed at the lab's Center for Nanophase Materials Sciences, which can guide breakthroughs in new materials for energy technologies, sensing, and computing. The study results demonstrated faster results than conventional workflows and represented a new direction in smart automation. According to Nature Machine Intelligence, the intuitive algorithm approach combines physics and machine learning to automate microscopy experiments designed to study materials’ functional properties at the nanoscale.  In addition, the digital microscope, including LED screen instead of an eyepiece, is gaining traction in the market. In February 2021, ZEISS launched ZEISS Visioner 1, an innovative digital microscope enabling all-in-one focus in real-time. So, growing development of novel microscopes is expected to drive the North America Microscope Market growth across the region.

On the contrary, high price of advanced microscope hurdles the growth of North America microscope market. 

Based on product type, the North America microscope market is segmented into optical microscope, electron microscope, and other. The electron microscope segment held 45.4% of the North America microscope market share in 2022, amassing US$ 2,063.18 million. It is projected to garner US$ 3,198.50 million by 2028 to expand at 7.6% CAGR during 2022–2028.  The optical microscope segment is further segmented into confocal microscope, stereo microscope, digital microscope, and others. Similarly, electron microscope segment is further bifurcated into scanning electron microscope and transmission microscope.

Based on application, the North America microscope market is segmented into material science, nanotechnology, life sciences, semiconductors, and others. The life sciences segment held 28.9% of the North America microscope market share in 2022, amassing US$ 1,310.18 million. It is projected to garner US$ 1,952.51 million by 2028 to expand at 6.9% CAGR during 2022–2028.

Based on end user, the North America microscope market is segmented into industries, academic & research institutes, and others. The industries segment held 61.1% market share in 2022, amassing US$ 2,771.96 million. It is projected to garner US$ 4,259.66 million by 2028 to expand at 7.4% CAGR during 2022–2028.           

Based on country, the North America microscope market has been categorized into the US, Canada, and Mexico. Our regional analysis states that the US captured 84.8% market share in 2022. It was assessed at US$ 3,848.68 million in 2022 and is likely to hit US$ 5,767.91 million by 2028, exhibiting a CAGR of 7.0% during the forecast period

Key players dominating the North America microscope market are Bruker Corporation; Carl Zeiss AG; COXEM Co., Ltd; Euromex Microscopen bv; Hitachi High-Tech Corporation; KLA Corporation; Leica Microsystems; Nikon Corporation; Olympus Corporation; and Thermo Fisher Scientific Inc. among others.  

• In June 2022, Hitachi High-Tech Corporation launched the AFM100 Pro High-Sensitivity Scanning Probe Microscope System, a high-end scanning probe microscope equipped with a newly developed high-sensitivity optical head that improves sensitivity when measuring physical properties and enables measurement at atomic and molecular scales. The AFM100 Pro met the requirement for on-site analysis and solves customer issues.
• In June 2022, Bruker Corporation introduced the new XFlash 7 detector series for its QUANTAX energy dispersive X-ray spectrometer (EDS) systems, enabling chemical analysis of material samples in electron microscopes with ultimate speed, sensitivity, and reliability. The XFlash 7 users in academic and in industrial research benefitted from further increased analytical performance, higher productivity, and lower cost of ownership.  

Contact Us
Phone: +16467917070
Email Id: sales@businessmarketinsights.com