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

As per The Business Research Company’s Electron Microscopy And Sample Preparation Global Market Report 2024, the electron microscopy and sample preparation market is expected to show significant growth in the forecast period.

Market Overview

• Strong Market Growth: The electron microscopy and sample preparation market is expanding rapidly, growing from $2.72 billion in 2023 to $3 billion in 2024, with a compound annual growth rate (CAGR) of 10.2%.
• Drivers of Growth: Key drivers include advancements in scientific research, increased investments in life sciences, medical diagnostics, academic research, and the burgeoning field of nanotechnology.

Future Market Expansion

• Continued Market Growth: The market is projected to reach $4.41 billion by 2028, maintaining a CAGR of 10.2%.
• Key Growth Factors: This growth will be driven by rising demand in the pharmaceutical and biotechnology industries, increased research funding, the growth of digital pathology and histology, environmental and energy studies, and biomedical applications.

Trends Shaping the Market

• Innovative Technologies: Major trends include the development of cryo-electron microscopy (cryo-EM), correlative microscopy, in situ sample preparation, 3D visualization techniques, and the miniaturization of portable systems.
• Wider Application: These advancements are expanding the use of electron microscopy beyond traditional fields, enhancing its role in diverse scientific and industrial applications.

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Rising Chronic Disease Rates Propel Market Demand

Increasing Need for Advanced Diagnostic Tools

• Chronic Disease Impact: The growing incidence of chronic diseases is significantly boosting demand for electron microscopy and sample preparation technologies.
• Diagnostic Utility: These technologies are essential for examining samples and diagnosing chronic diseases, particularly when symptoms are not attributed to bacterial causes.

Growing Aging Population

• Aging Population: In the United States, the number of individuals aged 50 and older with at least one chronic condition is expected to increase by nearly 100%, from 71.5 million in 2020 to 142.7 million by 2050.
• Market Implications: This demographic shift underscores the critical need for advanced diagnostic tools like electron microscopy in healthcare, driving market growth.

Key Players and Market Segmentation

Leading Companies

• Market Leaders: Major players in the market include Nikon Inc., Thermo Fisher Scientific Inc., Danaher Corporation, Olympus Corporation, Hitachi High-Tech Corporation, Bruker Corporation, and more.
• Expanding Portfolios: These companies are constantly innovating and expanding their product offerings to maintain their market position and meet the growing demand.

Market Segmentation

• Products: The market is segmented by product types, including microscopes, software, and other related products.
• Applications: Key applications of electron microscopy include semiconductors, life sciences, and material sciences.
• End-Users: The primary end-users are industries, academic and research institutes, and other specialized sectors.

Technological Advancements Fueling Market Growth

Adoption of New Technologies

• Cutting-Edge Innovations: Companies in the electron microscopy and sample preparation market are embracing new technologies to enhance their products and maintain a competitive edge.
• Example: In January 2022, JEOL Ltd. launched the JSM-IT510, a new scanning electron microscope (SEM) featuring advanced automation and analytical capabilities.

Strategic Acquisitions

• Portfolio Expansion: Strategic acquisitions are also playing a crucial role in market expansion.
• Case Study: Oxford Instruments PLC acquired WITec GmbH in September 2021, broadening its portfolio to include Raman microscopy, which is widely used in academic and industrial research.

Regional Market Insights

North America and Asia-Pacific

• Largest Market:

North America was the largest region in the electron microscopy and sample preparation market in 2023.

Asia-Pacific is expected to be the fastest-growing region in the forecast period.

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