Frequently Asked Question:
The global life science microscopy devices market was valued at USD 1.3 Billion in 2022.
The life science microscopy devices market is expected to grow at a CAGR of 4.0% between 2023 and 2030, reaching USD 1.7 Billion in 2030.
Optical microscopes are the leading segment by product type, holding over 60% share in value in 2022.
The research laboratories and institutes segment governs the world’s demand for life science microscopy devices, holding a massive share of over 40% in 2022.
The biotechnology and pharmaceutical companies segment will post the highest CAGR during the forecast period.
North America is fueling the growth of the life science microscopy devices industry, with an over one-third share in 2022.
Top players are Olympus Corporation, Thermo Fisher Scientific, Inc., Nikon Corporation, and Carl Zeiss AG.
The growing prevalence of microbiology is the major market driver.
High maintenance costs of microscopy devices are the major market restraint.
Development in the field of nanotechnology.