September 02, 2022 04:00 ET | Source: FACT.MR FACT.MR
Dublin, Ireland, Sept. 02, 2022 (GLOBE NEWSWIRE) -- Fact.MR – A Market Research and Competitive Intelligence Provider: The global microscopy devices market is expected to witness a CAGR of 8.5% during the forecast period (2020-2025).
Increase in growth of contract research organizations has boosted the demand for microscopy devices. Moreover, major key companies are outsourcing their research and development to focus more on their key segment and reduce their expenditures.
Increasing emphasis on life sciences such as nano science and pharmacology & toxicology has boosted the need for advanced microscopes. Moreover, major applications of microscopes also include semiconductor technology, nanotechnology and cellular biology.
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Surge in incidence of chronic diseases, rising emphasis on the study of diseases mechanisms are expected to boost the growth of the clinical pathology segment. Moreover, surge in applications of microscopy devices is witnessed to assess the pathological changes in various diseases such as Alzheimer and Parkinson’s diseases. In addition to this, increasing incidence of chronic diseases, surge in focus on the study of disease mechanisms are poised to boost the clinical pathology segment.
Due to covid-19 pandemic, many key players are accelerating their production of microscopes owing to their wide usage to detect the presence of novel coronavirus in the samples. For instance, Nikon Corporation is enhancing its supply chain to ensure supply of electron microscopes to various medical facilities, hospitals and diagnostic laboratories.
Besides this, most healthcare institutions across are rapidly adopting optical microscopes due to their applications in drug discovery, cell biology, and clinical pathology.
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Competitive Landscape: The global microscopy devices market is highly consolidated with the presence of various key players. Various key players in the market are expanding their portfolio and offering diverse range of microscopy devices.
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