South Africa Microscope Market Size & Outlook, 2022-2030
South Africa microscope market, 2018-2030 (US$M)
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South Africa microscope market highlights
- The South Africa microscope market generated a revenue of USD 152.9 million in 2022 and is expected to reach USD 304.6 million by 2030.
- The South Africa market is expected to grow at a CAGR of 9% from 2023 to 2030.
- In terms of segment, electron microscope was the largest revenue generating product in 2022.
- Optical Microscope is the most lucrative product segment registering the fastest growth during the forecast period.
Microscope market data book summary
| Market revenue in 2022 | USD 152.9 million |
| Market revenue in 2030 | USD 304.6 million |
| Growth rate | 9% (CAGR from 2022 to 2030) |
| Largest segment | Electron microscope |
| Fastest growing segment | Optical Microscope |
| 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, South Africa 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 Middle East & Africa, South Africa microscope market is projected to lead the regional market in terms of revenue in 2030.
- UAE is the fastest growing regional market in Middle East & Africa and is projected to reach USD 125.8 million by 2030.
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Microscope Market Scope
Microscope Market Companies
| Name | Profile | # Employees | HQ | Website |
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South Africa 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 41.6% in 2022. Horizon Databook has segmented the South Africa 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.
Mhlanga lab laboratory has undertaken projects to evolve the area of super-resolution microscopes. A new project is undertaken to overcome the limitations of current technologies such as lack of RNA and DNA probes available for dynamic switching in STED, cell damage caused due to laser cycling, and dynamic imaging possible with cell nucleus and time-resolved resolution.
By overcoming all these challenges, the project intends to establish new relation between gene territories and gene networking. Research on advances in super-resolution microscopes such as single cell localization, high-sensitivity microscopes, and photo-switchable fluorophores is being conducted, wherein two instruments are dedicated for this work.
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Horizon Databook provides a detailed overview of country-level data and insights on the South Africa microscope market , including forecasts for subscribers. This country databook contains high-level insights into South Africa microscope market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Africa microscope market size, by product, 2018-2030 (US$M)
South Africa Microscope Market Outlook Share, 2022 & 2030 (US$M)
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