India Microscope Market Size & Outlook, 2022-2030
India microscope market, 2018-2030 (US$M)
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India microscope market highlights
- The India microscope market generated a revenue of USD 857.4 million in 2022 and is expected to reach USD 1,762.6 million by 2030.
- The India market is expected to grow at a CAGR of 9.4% 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 857.4 million |
| Market revenue in 2030 | USD 1,762.6 million |
| Growth rate | 9.4% (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, India accounted for 7.7% 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 Asia Pacific, China microscope market is projected to lead the regional market in terms of revenue in 2030.
- Japan is the fastest growing regional market in Asia Pacific and is projected to reach USD 1,621.1 million by 2030.
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Microscope Market Scope
Microscope Market Companies
| Name | Profile | # Employees | HQ | Website |
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India 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 43.34% in 2022. Horizon Databook has segmented the India 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.
The country is witnessing innovations in the design of microscopes. In June 2021, the Indian Institute of Technology (IIT) Hyderabad developed Mus cope, which claims to be the world’s smallest microscope. It is an on-chip microscope that utilizes only a few off-the-shelf electronic chips, namely a micro-LED display & an image sensor, and has applications across domains, including disease research, agriculture, & animal husbandry, among others.
Measures are being taken to acquire products with latest advancements in the field of microscopy to promote research. In December 2020, the establishment of National Cryo-Electron Microscopy facilities at IIT Madras, IIT Kanpur, Bose Institute, and IIT Bombay was approved by the Science and Engineering Research Board (SERB).
The access to a cryo-electron microscope will promote research in medical science as it allows visualization of protein structures in high-resolution in their native environment or a form complexed with ligands. Increasing demand to upgrade microscopy infrastructure is driving the market 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 India microscope market , including forecasts for subscribers. This country databook contains high-level insights into India microscope market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India microscope market size, by product, 2018-2030 (US$M)
India Microscope Market Outlook Share, 2022 & 2030 (US$M)
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