Canada Microscope Market Size & Outlook, 2022-2030
Canada microscope market, 2018-2030 (US$M)
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Canada microscope market highlights
- The Canada microscope market generated a revenue of USD 160.1 million in 2022 and is expected to reach USD 320.2 million by 2030.
- The Canada market is expected to grow at a CAGR of 9.1% from 2023 to 2030.
- In terms of segment, electron microscope was the largest revenue generating product in 2022.
- Scanning Probes Microscopes is the most lucrative product segment registering the fastest growth during the forecast period.
Microscope market data book summary
| Market revenue in 2022 | USD 160.1 million |
| Market revenue in 2030 | USD 320.2 million |
| Growth rate | 9.1% (CAGR from 2022 to 2030) |
| Largest segment | Electron microscope |
| Fastest growing segment | Scanning Probes Microscopes |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Optical Microscope, Electron Microscope, Scanning Probes Microscopes, Other Microscopes |
| Key market players worldwide | ZEISS Group, Bruker Corp, AMETEK Inc, Thermo Fisher Scientific Inc, Nikon Corp, Olympus Corp, Spectrum Brands Holdings Inc, Hitachi Ltd, Jeol Ltd, Oxford Instruments PLC |
Other key industry trends
- In terms of revenue, Canada accounted for 1.4% of the global microscope market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. microscope market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 320.2 million by 2030.
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Microscope Market Scope
Microscope Market Companies
| Name | Profile | # Employees | HQ | Website |
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Canada microscope market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to microscope market will help companies and investors design strategic landscapes.
Electron microscope was the largest segment with a revenue share of 40.35% in 2022. Horizon Databook has segmented the Canada microscope market based on optical microscope, electron microscope, scanning probes microscopes, other microscopes covering the revenue growth of each sub-segment from 2018 to 2030.
Increasing investments by public & private players and growing research in the field of cell & microbiology are contributing to the growth of the market in Canada. Technological advancements in medical imaging are resulting in improved health outcomes. Canada provides a significant platform for medical device manufacturers, especially in Quebec, Ontario, and Atlantic Canada.
A large share of the country’s medical devices’ revenue is generated by exporting products to the U.S. In December 2015, the Ontario Fertility Program (OFP) was launched by the Ministry of Health and Long-Term Care (MOHLTC) with an annual budget of USD 54.3 million.
Around 22 fertility clinics performed 7,884 IVF cycles in 2001 and the number increased to 33,092 cycles performed by 36 clinics in 2017. Increase in adoption of IVF supported by financial assistance is fueling the demand for IVF microscopes in the country.
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Our clientele includes a mix of microscope market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada microscope market , including forecasts for subscribers. This country databook contains high-level insights into Canada microscope market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada microscope market size, by product, 2018-2030 (US$M)
Canada Microscope Market Outlook Share, 2022 & 2030 (US$M)
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