December 10, 2019
According to the latest study titled ‘North America Optical Microscopes Market to 2027 - Regional Analysis and Forecasts by Product (Inverted Microscope, Digital Microscopes, Stereo Microscope, and Accessories Market), By End User (Hospitals & Clinics, Academics & Research Institute Market, Diagnostic laboratories Market, Pharmaceuticals & Biotechnology Companies), and Country’ available with Market Study Report, North America optical microscopes market is estimated to accumulate US $1,229.9 million by the year 2027.
The growth of North America optical microscopes market is propelled by factors such as increasing advancement in nanotechnology, rising innovative product development, high GDP, and growing investment towards R&D. Moreover, development of advanced products having efficient performance, automated imaging feature, easy sample preparation techniques, user-friendly software, and integrated HD image display will continue to augment the industry trends across the region.
As per the study, North American optical microscopes market was worth US $815.3 million in 2018 and is anticipated to register a growth rate of 5% over the forecast period. The report further delivers insights pertaining to market dynamics and analyzes each segment for revenue shares.
Based on product, North America optical microscopes market is segmented into digital microscopes, inverted microscope, stereo microscope, and accessories. The inverted microscope segment registered largest market share in 2018 and is presumed to dominate the market in the upcoming years, as these are widely used for research in histology and cell biology fields.
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While speaking of application spectrum, North America optical microscopes market from academics & research institute segment is expected to register accelerated growth through the year 2027, owing to inflow of funds from government, academies, and industries for R&D activities, cites the report.
Some of the vendors that operate in North America optical microscopes market are Nikon Corporation, Agilent Technologies, Inc., JEOL Ltd., Bruker, Olympus Corporation, Leica Microsystems, Carl Zeiss AG, Ken-A-Vision, Inc., ACCU-SCOPE, Inc., and Crest Optics among others.