Life Science Microscopes Industry Data Book - Surgical, In-vitro Fertilization, Super Resolution And Scanning Electron Microscopes Market Size, Share, Trends Analysis And Segment Forecasts, 2022 - 2030

Product Overview

Grand View Research’s life science microscopes Industry data book is a collection of market sizing information & forecasts, regulatory data, reimbursement structure, competitive benchmarking analyses, macro-environmental analyses, and regulatory & technological framework studies. Within the purview of the database, all such information is systematically analyzed and provided in the form of presentations and detailed outlook reports on individual areas of research.

Life Science Microscopes Industry Data Book Scope

Life Science Microscopes Industry Data Book Coverage Snapshot

The global life science microscopes industry generated over USD 3.35 billion in 2021 and is expected to grow at a CAGR of 8.9% over the forecast period. These microscopes find their applications in a wide array of life science applications such as clinical diagnostics, drug discovery, minimally invasive surgical procedures, advanced therapies such as gene & immune therapies, IVF, and others. Super resolution microscopy used for plant & human cell research, gene therapy, and other life cell imaging held the largest share of life science microscopes revenue.

The rapid growth of minimally invasive surgeries and the usage of microscopes in these surgeries is a pivotal factor attributing to the rapid growth of surgical microscopes globally. Within the surgical applications, ENT and plastic & reconstruction surgeries will witness a CAGR of nearly 10% in the coming years. Leica Microsystems, Carl Zeiss Meditec AG, Olympus Corporation, and Nikon Corporation are some of the key players spearheading the growth of these applications.

Surgical Microscopes Market Analysis & Forecast

The global surgical microscopes market was valued at USD 1.10 billion in 2021 and is anticipated to witness growth at a rate of 11.37% over the forecast period. Complex minimally invasive neurosurgery and ENT procedures demand more precision from the surgeons performing the operations. With the advent of surgical microscopes, it became easier for surgeons to perform such procedures more accurately in less time. In addition, the introduction of technologically advanced products is driving the demand for surgical microscopes as they are more precise, offer better illumination sources, and provide options for customization and technology integration based on the complexity of the procedures. Emerging technologies such as wide-angle illumination, Red Reflex illumination, automation and augmented reality microscopy are expected to boost the demand for surgical microscopes. International players like Carl Zeiss Meditec AG and Leica Microsystems are contributing to the market by providing highly advanced, automated, and robotic surgical microscopes for more precision.

The surgical microscopes market is segmented based on type, applications, and end-use. Based on type it is divided into casters, wall-mounted, tabletop, and ceiling-mounted. The on-caster microscopes held a significant share in 2021 and are anticipated to grow at the highest CAGR over the forecast period. Portability and flexibility of the devices for better adjustment during surgeries and easy maintenance are some of the key factors governing this segment's growth.

Based on application the market is divided into neurosurgery and spine surgery, ENT surgery, dentistry, ophthalmology, plastic & reconstructive surgeries, gynecology, urology, and other surgeries. Ophthalmic surgery dominated the application segment attributed to the increasing number of procedures performed annually in every region to treat various eye disorders. The ENT segment is expected to witness high growth attributed to the growing demand for advanced equipment for performing complex surgeries. 

The end-user segment includes hospitals and physician clinics & other settings. The hospitals dominated the segment with a large number of minimally invasive microsurgeries still being performed in inpatient settings. The physician clinic and other settings are expected to witness a high growth rate due to shifting trends towards daycare surgeries. The availability of smaller operational microscopes and the booming dentistry industry are anticipated to drive the demand for this segment.

In-vitro Fertilization Microscopes Market Analysis & Forecast

The in-vitro fertilization microscopes market was valued at USD 94.03 million in 2021 and is expected to reach USD 193.3 million by 2030 at a CAGR of 8.37% from 2022 to 2030. Improving the success rate of In Vitro Fertilization (IVF) procedures and the availability of financial assistance are expected to boost the market growth. Moreover, product innovations by manufacturers are increasing treatment efficiency and are expected to reduce the procedure cost.

The inverted microscope segment dominated the overall in vitro fertilization microscopes market in terms of revenue share in 2021 due to its compatibility with micromanipulators for use in Intracytoplasmic Sperm Injection (ICSI) procedures and comparatively high product cost. The stereo microscope held the second-largest revenue share due to innovations in time-lapse microscopy, reducing the time required for embryo assessment.

In vitro fertilization microscope product volume, 2019, (Units)

The end-user segment is classified into clinical and academic research. The clinical segment dominated the overall in vitro fertilization microscopes market in terms of revenue share in 2021 due to factors such as increased adoption of IVF treatment. Europe dominated the in vitro fertilization microscopes market in 2021 due to factors such as growing fertility tourism, legal reforms, and product innovation. However, Asia Pacific is expected to witness the fastest growth over the forecast period owing to key factors such as increasing awareness and availability of IVF services.

Super-Resolution Microscopes Market Analysis & Forecast

The global super-resolution microscopes market was valued to be USD 1.2 billion in 2021 and is expected to reach USD 2.7 billion by 2030, growing at a CAGR of 9.22% over the forecast period. Increasing demand for super-resolution microscopy in nanotechnology and its wide application in the life science industry mainly in microbiology, oncology for cancer cell proliferation, biomedical imaging, and drug discovery are the key reasons for the growth of the market. Furthermore, technological advancements in diagnostic techniques, increasing government support, and corporate funding for microscopy are a few other key factors driving the market.

By technology, STORM is relatively new and is gaining popularity. The STED segment held the largest market share in 2021. Key factors attributed to this are wide applications of STED in microbiology and technological advancements with the introduction of variants such as 3D STED, pulsed STED, gated STED, and RESCue STED. However, the STORM segment is expected to emerge with the fastest CAGR over the forecast period.  

The Life Science application segment held the largest revenue share in 2021 owing to the growth in applications of super-resolution microscopy in the life science verticals such as molecular biology, biomedical imaging, and drug discovery. However, the nanotechnology segment is expected to grow with the fastest CAGR over the forecast period.

Comparison of available technology for super-resolution microscopy

North America accounted for the largest revenue share in 2021. This can be attributed to the significant development of technology in the U.S. and the local presence of top market leaders in the country. Various initiatives and funding to support the development of advanced technology by the U.S. government are also driving market growth in North America.

Asia Pacific is expected to grow with the fastest CAGR over the forecast period. Economic development in this region, a growing number of advanced life science research centers, and favorable initiatives are the key factors driving the market growth. For instance, to encourage researchers to develop super-resolution microscopes for biomedical data analysis, a funding program was sponsored by the Council for Science and Technology Policy, the Japan Society for Promotion of Science, and the Cabinet Office. Countries like Japan & China in the Asia Pacific region have made significant investments in R&D and supported the latest technologies by making their regulations transparent.

Scanning Electron Microscopes Market Analysis & Forecast

The global life science scanning electron microscope market size was valued at USD 912.02 million in 2021 and is expected to exhibit a CAGR of 7.73% during the forecast period to reach an estimated value of USD 1.79 billion by 2030. Increasing R&D activities in the field of nanotechnology & life sciences, and product innovations are some of the key factors driving the market growth. However, the high cost of scanning electron microscopes may hamper the growth of the market.

Based on end users, the market is segmented into material science, nanotechnology, life science, semiconductors, and other applications. In 2021, life science dominated the market due to the availability of several products with special applications in the field of life science. However, the nanotechnology segment is expected to grow at the fastest rate during the forecast period. This can be attributed to the expected launch of technologically advanced products due to growing investments by several major players and the rising adoption of such products in emerging countries.

The Asia Pacific dominated the scanning electron microscope market in 2019. Moreover, the region is expected to grow at a rapid rate over the forecast period. Emerging countries in the region have been witnessing strong economic growth. Improving healthcare infrastructure and the presence of various small & large players are some of the major factors expected to boost the market growth during the forecast period.

Competitive Landscape

Key players operating in the life science microscopes industry are Carl Zeiss Meditec AG, Leica Microsystems, Olympus Corporation, Nikon Corporation, Applied Precision (GE Healthcare), Haag-Streit Surgical GmbH, Synaptive Medical, Alcon, Inc. (Novartis), Topcon Corporation, ARI Medical Technology Co., Ltd., Takagi Seiko Co., Ltd., Seiler Instrument Inc., Chammed Co. Ltd, etc. Development of innovative products, acquisitions, and partnerships or collaborations for the development & commercialization of products are some of the key strategies undertaken by companies to remain competitive in the market.

Furthermore, the development of advanced imaging tools with the utilization of proprietary technology, growing investments by local & major players, and mergers & acquisitions are the key strategic initiatives being undertaken by the market players to maintain the competition. For instance, in October 2020, Bruker launched a super-resolution fluorescence microscope, Vutara VXL, equipped with Single-molecule Localization (SML) technology.