Optical Microscopes MarketSize and Trends

The global optical microscopes market was valued at US$ 2,473.0 Mn in 2022 and is forecast to reach a value of US$ 3,824.1 Mn by 2030 at a CAGR of 5.64% between 2023 and 2030. The global optical microscopes market is experiencing strong growth due to the rise in funding for R&D in cell biology and biotechnology and technological advancements in optical microscopes. Moreover, rise in demand for optical microscopes and rise in prevalence of chronic and infectious diseases across the globe is expected to boost the growth of the market. However, factors such as limitations of optical microscopes and the availability of low-cost products are expected to hamper the growth of the global optical microscopes market.

Figure 1. Global Optical Microscopes Market Share (%), by Region, 2023

Global Optical Microscopes Market Trends:

Product development is a recent trend

Players in the market are focusing on developing and launching novel products in the market, as optical microscopes are commonly used in research areas such as microbiology, microelectronics, biotechnology, nanophysics, and pharmaceutical research. Moreover, the increase in new product development in the diagnostic domain and growing approval from the regulatory bodies encourage the further opportunities in the market. This trend is expected to continue over the forecast period, driving the growth of the global optical microscopes market.

Research and development (R&D) is another trend

Technological advancements have allowed digital images to be taken with complementary metal-oxide semiconductors and charge-coupled device cameras for optical microscopes. As a result, the image can be projected onto a computer screen in real-time to inspect a sample with these digital microscopes. For instances, focal modulation microscopy is a new method that combines confocal spatial filtering with focal modulation to reject out-of-focus backgrounds. Thus, an advancement over the optical microscopy expected to drive the market.