The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2024 and forecasted to 2033

According to The Business Research Company’s Automated Microscopy Global Market Report 2024, the automated microscopy market is expected to show promising growth in the forecast period.

Strong Growth in the Automated Microscopy Market

• The automated microscopy market has experienced robust growth in recent years, with the market size increasing from $7.31 billion in 2023 to an anticipated $7.85 billion in 2024 at a CAGR of 7.3%.
• This growth is driven by advancements in imaging technology, the increasing complexity of biological research, and the rising demand for high-throughput screenings.
• Additional factors include automation and workflow integration, cost reductions, improved accessibility, and the emergence of multimodal imaging techniques.

Projected Market Expansion by 2028

• Looking forward, the market is expected to grow to $10.37 billion by 2028, reflecting a steady CAGR of 7.2%.
• Key drivers for future growth include the integration of artificial intelligence, miniaturization and portability of devices, and the rise of multiplexed imaging and multimodal integration.
• The demand for personalized medicine, precision diagnostics, and interdisciplinary research challenges will also play a significant role in the market’s expansion.

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Impact of Personalized Medicine on Market Growth

• The increasing demand for personalized medicine is a major factor contributing to the growth of the automated microscopy market.
• Personalized medicine, which tailors healthcare to individual genetic, environmental, and lifestyle factors, is gaining traction due to advances in genomics and the rise in chronic diseases.
• Automated microscopy aids this field by providing tools for understanding disease mechanisms, identifying biomarkers, and optimizing treatments.
• As of October 2022, over 75,000 genetic testing products and 300 personalized medicines were available, further driving market growth.

Innovations in Automated Cryo PFIB Microscopes

• Major players in the automated microscopy market, such as Thermo Fisher Scientific Inc., are developing advanced products like the Automated Cryo PFIB microscope.
• This innovative technology is designed for high-throughput preparation of cryo-lamellae, crucial for cellular cryo-electron tomography, enhancing workflow efficiency and improving application outcomes.
• The Cryo PFIB microscope offers rapid sample preparation, minimized contamination risks, and automation features that enable remote operation, significantly advancing life sciences research.

Strategic Acquisitions and Market Leadership

• In June 2021, CELLINK acquired Discover Echo for $110 million, strengthening its position in the market by integrating innovative hybrid microscopes into its portfolio.
• Discover Echo’s products, which combine advanced optical technologies with disruptive software, align with CELLINK’s bio convergence strategy, enabling significant biological breakthroughs.
• North America dominated the automated microscopy market in 2023, while the Asia-Pacific region is poised to be the fastest-growing region in the coming years.

Market Segmentation

• The automated microscopy market is segmented by product type into Optical Microscopes, Electron Microscopes, and Scanning Probe Microscopes.
• Applications of these technologies span across Medical Diagnostics, Nanotechnology, Material Science, Life Sciences, and Semiconductors.
• End users include Hospitals, Research Facilities, and Diagnostic Clinics, with North America leading the market and Asia-Pacific expected to show rapid growth during the forecast period.

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