Market Overview:
The Global Compound Microscopes Market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for compound microscopes in various applications such as industry, biology, medical care, experiment, and others. Additionally, the growing adoption of compound microscopes in educational institutes is also propelling the market growth. However, high cost associated with compound microscopes may restrain the market growth during the forecast period.
Product Definition:
A compound microscope is a type of microscope that uses two or more optical lenses to magnify an image. The image is seen through one lens (the eyepiece) and is projected onto a screen or other surface inside the microscope tube. Compound microscopes are used to view specimens that are too small to be seen with the naked eye.
Vertical Microscope:
Vertical microscope is a type of microscopes which are used to observe the surface of an object, which is at a very high angle. It has advantages over regular microscopes as it provides a closer view and also helps in studying small things. The market for vertical microscope was estimated to be around USD 1 billion in 2015 and is expected to grow at CAGR (Compound Annual Growth Rate) of 7% from 2016 to 2024.
Inverted Microscope:
Inverted microscope is also known as negative or basculin microscope. It's an optical device which allows viewing of objects under the microscope at the inverted level. In other words, light source and eyepiece are at the bottom of the inverted scope while object to be observed is placed on top. This type of microscopes can be used for both small and large scale objects since they provide clear image even for far off objects with maximum magnification levels up to 200x power.
Application Insights:
The industry application segment dominated the global compound microscopes market in 2017, accounting for a share of over 60.0% and is expected to maintain its lead over the forecast period. The growth can be attributed to increasing demand from various industries such as pharmaceutical, biotechnology, food & beverage and others.
The biology application segment is expected to exhibit the fastest CAGR during the forecast period owing to rising research activities in this field particularly related to cell biology and microbiology. Moreover, an increase in funding for biological research coupled with technological advancements will propel growth further driving revenue towards 2020 at a predicted CAGR of XX%.
Medical care was another major application that accounted for a significant market share owing to high demand from hospitals.
Regional Analysis:
North America dominated the global market in 2017. The growth of this region can be attributed to the presence of major industry participants, such as Zeiss and Nikon Corporation, which manufacture compound microscopes. These players are engaged in strategic initiatives such as geographical expansion and product development to gain a competitive edge. Moreover, increasing R&D activities by pharmaceutical companies for drug discovery purposes is expected to drive regional growth over the forecast period.
Asia Pacific is anticipated to witness lucrative growth during the forecast period owing to factors such as rapidly growing biotechnology sector and rising number of research laboratories involved in virus isolation & study projects (in-vitro). In addition, increasing government funding for basic science research has led researchers from various universities around Asia Pacific region focusing on cell culture techniques that would eventually lead them into new avenues of biomedical research products demand generation through compound microscopes manufacturing processes or services providers thereby driving regional market growth over the projected time frame.
Growth Factors:
- Increasing demand for compound microscopes in the life sciences sector for research and development purposes.
- Rising number of academic and research institutes that are using compound microscopes for advanced scientific research.
- Growing application of compound microscopes in the medical diagnostics sector for detection and diagnosis of various diseases.
- Technological advancements in microscope design and construction that is making these devices more user-friendly and versatile.
Scope Of The Report
Report Attributes
Report Details
Report Title
Compound Microscopes Market Research Report
By Type
Vertical Microscope, Inverted Microscope
By Application
Industry, Biology, Medical Care, Experiment, Other
By Companies
Olympus, Carl Zeiss, Britannica, Fisher Scientific, Edmund Optics, AmScope, Nova-Tech International, Grainger, Kramer Scientific, Lab Essentials, Leica Microsystems, Celestron, Seiler Instrument
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
159
Number of Tables & Figures
112
Customization Available
Yes, the report can be customized as per your need.
Global Compound Microscopes Market Report Segments:
The global Compound Microscopes market is segmented on the basis of:
Types
Vertical Microscope, Inverted Microscope
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Industry, Biology, Medical Care, Experiment, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Olympus
- Carl Zeiss
- Britannica
- Fisher Scientific
- Edmund Optics
- AmScope
- Nova-Tech International
- Grainger
- Kramer Scientific
- Lab Essentials
- Leica Microsystems
- Celestron
- Seiler Instrument
Highlights of The Compound Microscopes Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Vertical Microscope
- Inverted Microscope
- By Application:
- Industry
- Biology
- Medical Care
- Experiment
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Compound Microscopes Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Consumer Insights
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A compound microscope is a microscope that has more than one optical element. This allows the user to see objects at different magnifications.
Some of the major players in the compound microscopes market are Olympus, Carl Zeiss, Britannica, Fisher Scientific, Edmund Optics, AmScope, Nova-Tech International, Grainger, Kramer Scientific, Lab Essentials, Leica Microsystems, Celestron, Seiler Instrument.
The compound microscopes market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Compound Microscopes Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Compound Microscopes Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Compound Microscopes Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Compound Microscopes Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Compound Microscopes Market Size & Forecast, 2020-2028 4.5.1 Compound Microscopes Market Size and Y-o-Y Growth 4.5.2 Compound Microscopes Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Vertical Microscope
5.2.2 Inverted Microscope
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Industry
6.2.2 Biology
6.2.3 Medical Care
6.2.4 Experiment
6.2.5 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Compound Microscopes Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Compound Microscopes Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Vertical Microscope
9.6.2 Inverted Microscope
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Industry
9.10.2 Biology
9.10.3 Medical Care
9.10.4 Experiment
9.10.5 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Vertical Microscope
10.6.2 Inverted Microscope
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Industry
10.10.2 Biology
10.10.3 Medical Care
10.10.4 Experiment
10.10.5 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Vertical Microscope
11.6.2 Inverted Microscope
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Industry
11.10.2 Biology
11.10.3 Medical Care
11.10.4 Experiment
11.10.5 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Vertical Microscope
12.6.2 Inverted Microscope
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Industry
12.10.2 Biology
12.10.3 Medical Care
12.10.4 Experiment
12.10.5 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Vertical Microscope
13.6.2 Inverted Microscope
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Industry
13.10.2 Biology
13.10.3 Medical Care
13.10.4 Experiment
13.10.5 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Compound Microscopes Market: Competitive Dashboard
14.2 Global Compound Microscopes Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Olympus
14.3.2 Carl Zeiss
14.3.3 Britannica
14.3.4 Fisher Scientific
14.3.5 Edmund Optics
14.3.6 AmScope
14.3.7 Nova-Tech International
14.3.8 Grainger
14.3.9 Kramer Scientific
14.3.10 Lab Essentials
14.3.11 Leica Microsystems
14.3.12 Celestron
14.3.13 Seiler Instrument