The fluorescence microscopy global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Fluorescence Microscopy Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The fluorescence microscopy market size has grown rapidly in recent years. It will grow from $10.33 billion in 2023 to $11.52 billion in 2024 at a compound annual growth rate (CAGR) of 11.5%. The growth in the historic period can be attributed to biomedical research demand, government funding and research grants, expanded clinical and diagnostic applications, adoption in clinical and diagnostic applications.
The fluorescence microscopy market size is expected to see rapid growth in the next few years. It will grow to $17.37 billion in 2028 at a compound annual growth rate (CAGR) of 10.8%. The growth in the forecast period can be attributed to advancements in super-resolution imaging, expansion of multiplexing capabilities, integration with single-cell analysis, advances in labeling technologies. Major trends in the forecast period include super-resolution imaging, multiplexed imaging, live-cell and dynamic imaging, correlative and integrated imaging.
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Scope Of Fluorescence Microscopy Market
The Business Research Company’s reports encompass a wide range of information, including:
- Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
- Drivers: Examination of the key factors propelling market growth.
- Trends: Identification of emerging trends and patterns shaping the market landscape.
- Key Segments: Breakdown of the market into its primary segments and their respective performance.
- Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
- Macro Economic Factors: Assessment of broader economic elements impacting the market.
Fluorescence Microscopy Market Overview
Market Drivers –
The rising drug discovery development is expected to propel the fluorescence microscopy market going forward. Drug discovery is identifying and developing new pharmaceutical compounds to be used as medications. It involves multiple stages, from the initial idea or concept to a new drug’s final approval and market launch. It arises because of technological advances, unmet medical needs, investment, and emerging infectious diseases. Fluorescence microscopy is a powerful tool used in drug discovery to facilitate the visualization, characterization, and evaluation of drug candidates and provide mechanistic insights into disease biology and therapeutic interventions. For instance, according to reports published by IQVIA Inc., a US-based pharmaceutical company, the projected total expenditure on pharmaceuticals in the US is anticipated to range between $380 and $400 billion by the year 2025, up from $359 billion in 2020, reflecting a compound annual growth rate of 0-3%. Therefore, rising drug discovery development is driving the growth of the fluorescence microscopy market.
Market Trends –
Major companies operating in the fluorescence microscopy market focus on developing innovative advancements, such as ECLIPSE Ji, to stay competitive and meet the growing demand for advanced imaging solutions. ECLIPSE Ji includes various components arranged in an inverted configuration compared to traditional microscopes, allowing for unique applications such as observing cells growing on the bottom of dishes in cell culture. For instance, in September 2023, Nikon Corporation, a Japan-based optics and photographic equipment manufacturer, launched ECLIPSE Ji, a digital inverted microscope that utilizes artificial intelligence (AI) to automate the acquisition and analysis of cellular images. This aims to streamline research workflows, particularly in cancer and nerve disease research. Additionally, it features an eyepiece less design, AI-powered automation, image analysis, high-quality optics, and expandability. It empowers researchers by streamlining workflows, improving accessibility, fostering collaboration, and enhancing the quality and consistency of research data.
The fluorescence microscopy market covered in this report is segmented –
1) By Type: Upright Fluorescence Microscopy, Inverted Fluorescence Microscopy
2) By Application: Biology, Medical Science, Material Science, Other Applications
3) By End User: Hospitals, Diagnostic Laboratories, Academic And Research Institutes
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Regional Insights –
North America was the largest region in the fluorescence microscopy market in 2023. The regions covered in the fluorescence microscopy market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Key Companies –
Major companies operating in the fluorescence microscopy market are Thermo Fisher Scientific, GE HealthCare Technologies Inc., Agilent Technologies Inc., Keyence Corporation, Olympus Corporation, Roper Technologies Inc., Hitachi High-Tech Corporation, Nikon Corporation, PerkinElmer Inc., Bio-Rad Laboratories Inc., Bruker Corporation, Carl Zeiss AG, Excelitas Technologies Corp., Hamamatsu Photonics K.K., Horiba Scientific, Delta Vision Corporation, Leica Microsystems GmbH, Thorlabs Inc., Gooch & Housego Plc, Molecular Devices, Spectra Services Inc., JEOL Ltd., Quorum Technologies Ltd., ZEISS Microscopy, Lumencor Inc
Table of Contents
- Executive Summary
- Fluorescence Microscopy Market Characteristics
- Fluorescence Microscopy Market Trends And Strategies
- Fluorescence Microscopy Market – Macro Economic Scenario
- Global Fluorescence Microscopy Market Size and Growth
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- Global Fluorescence Microscopy Market Competitive Dashboard
- Key Mergers And Acquisitions In The Fluorescence Microscopy Market
- Fluorescence Microscopy Market Future Outlook and Potential Analysis
- Appendix
List Of Tables:
Table 1: Global Historic Market Growth, 2018-2023, $ Billion
Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
Table 3: Global Fluorescence Microscopy Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 4: Global Fluorescence Microscopy Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 5: Global Fluorescence Microscopy Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
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Table 74: Thermo Fisher Scientific Financial Performance
Table 75: GE HealthCare Technologies Inc. Financial Performance
Table 76: Agilent Technologies Inc. Financial Performance
Table 77: Keyence Corporation Financial Performance
Table 78: Olympus Corporation Financial Performance
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