Latin America Microscope Market Size & Outlook, 2022-2030
Latin America microscope market, 2018-2030 (US$M)
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Latin America microscope market highlights
- The Latin America microscope market generated a revenue of USD 937.0 million in 2022.
- The market is expected to grow at a CAGR of 8.6% 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.
- Country-wise, Brazil is expected to register the highest CAGR from 2023 to 2030.
Latin America data book summary
| Market revenue in 2022 | USD 937.0 million |
| Market revenue in 2030 | USD 1,806.5 million |
| Growth rate | 8.6% (CAGR from 2022 to 2030) |
| Largest segment | Electron microscope |
| Fastest growing segment | Scanning Probes Microscopes |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 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, Latin America region accounted for 8.5% of the global microscope market in 2022.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 8,177.3 million by 2030.
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Microscope Market Scope
Microscope Market Companies
| Name | Profile | # Employees | HQ | Website |
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Latin America 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 42.63% in 2022. Horizon Databook has segmented the Latin America 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.
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Microscope manufacturers are working along with nongovernmental organizations to promote the use of the microscope in the education system. Researchers are developing affordable technologies to enhance access to microscopy.
In April 2021, the University of La Serena in Chile developed a device for academic institutes, which could transform any mobile phone with a camera into a microscope. As the product cost is lower than USD 2.0, it is expected to help reduce the technology gap among educational institutions in the region.
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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 continent-level data and insights on the Latin America microscope market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America microscope market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America microscope market size, by country, 2018-2030 (US$M)
Latin America Microscope Market Outlook Share, 2022 & 2030 (US$M)
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