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Microscopy Devices Market on Track to Reach $9.00 Billion by 2020

Global Microscopy Devices Market to Expand at 7.0% CAGR till 2020


Deerfield Beach, FL -- (SBWIRE) -- 10/10/2017 -- According to the report, global demand for microscopy devices market was valued at USD 6.0 billion in 2014 and is expected to reach USD 9.00 billion in 2020, growing at a CAGR of 7.0% between 2015 and 2020. Zion Market Research has published a new report titled "Microscopy Devices (Scanning Probe Microscopes, Electron Microscopes, Optical Microscopes, and Others) Market for Nanotechnology, Life Sciences, Semiconductors, Material Sciences and Others Applications: Global Industry Perspective, Comprehensive Analysis, and Forecast, 2014 – 2020."

The report covers forecast and analysis for the microscopy devices market on a global and regional level. The study provides historic data of 2014 along with a forecast from 2015 to 2020 based on revenue (USD million). The study includes drivers and restraints for the microscopy devices market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the microscopy devices market on a global level.

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In order to give the users of this report a comprehensive view on the microscopy devices, we have included a detailed competitive scenario and product portfolio of key vendors. To understand the competitive landscape in the market, an analysis of Porter's Five Forces model for the microscopy devices market has also been included. The study encompasses a market attractiveness analysis, wherein application segments are benchmarked based on their market size, growth rate, and general attractiveness.

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Optical microscopes lead the microscopy device market and accounted over 35% share of the overall market revenue generated in 2014. The increasing demand for digital devices in the sectors of material science, medicines and life sciences is projected to boost the growth of this segment over the forecast period. The optical microscope is sub-segmented as an inverted microscope, stereo microscope, phase contrast, fluorescence microscope, confocal microscope and near-field scanning. Electron microscopes were the second highest product segment in 2014 and it also includes segment like scanning electron microscopes and transmission electron microscopes. However, it is also expected to exhibit rapid growth throughout the years to come.

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Semiconductors, life sciences, nanotechnology, material sciences are the key products involved in the microscopy devices market. Life sciences applications segment was the largest segment of global microscopy devices market and accounted for more than 30% share of the entire market in 2014. Semiconductor segment was the second highest region of the microscopy device market is expected to grow at a rising CAGR within the forecast period.

Asia-Pacific was the dominating region in the global market of microscopy devices and accounted for over 40% share of the total market in 2014. However, it also expected to continue this trend until the end of 2020 due to the rising industrialization and the increase in nanotechnology associated R&D investments are propelling the increase of this region. Japan is the market that leads in this region while developing countries such as China and India are anticipating as the emerging market during the forecast period.

Some of the key player for globe microscopy market includes Carl Zeiss, Danish Micro Engineering A/S Olympus, Bruker Corporation, FEI Company, JEOL Company, Cameca SAS, Hitachi High Tech, and NT-MDT amongst others.