Global Digital Microscopes Market, By Product Type (Digital Biological Microscopes, Digital Surgical Microscopes and Others {Digital Inspection Camera, and Others}), By Modality (Desktop Digital Microscope and Portable Digital Microscope), By Connectivity (Wired Digital Microscope and Wireless Digital Microscope), By Application (Research & Development, Medical Diagnostics, and Forensic Testing), By End User (Hospitals, Clinics, Biopharmaceutical Companies, Academic Research Institute, and Others (Forensic and Pathology Laboratory) and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) is estimated to be valued at US$ 674.4 Million in 2023 and is expected to exhibit a CAGR of 8.6% during the forecast period (2023-2030), as highlighted in a new report published by Coherent Market Insights.
Market players are engaged in conducting inorganic activities, such as partnerships, in order to address operative care facility needs, and this is expected to drive the global digital microscopes market growth during the forecast period. For instance, on 22 November 2020, at the occasion of seminar “Artificial Intelligence (AI) on microscopy” Phenix Optics, is a renowned professional optical manufacturer and service provider, launched a new product of LCD (Liquid Crystal Display) digital intelligent integrated microscope. The seminar was sponsored by CETHIK (Cethik is a safety electronics subsidiary of Chinese state-owned firm China Electronics Technology Group.), undertaken by Phenix Optics and co-organized by Zhejiang Wuzhen Street Technology Co., Ltd., held at Wuzhen of Zhejiang, China where, the World Internet Conference is located.
Global Digital Microscopes Market– Impact of Coronavirus (COVID-19) Pandemic
The COVID-19 pandemic has significantly influenced the adoption and growth of digital microscopes in the healthcare sector. As the coronavirus outbreak led to lockdowns and social distancing norms across the globe, healthcare practitioners were forced to limit physical examinations and face-to-face consultations. This drove the demand for telemedicine and remote diagnostic solutions using digital tools like digital microscopes.
Digital microscopes help doctors and pathologists examine slides and tissue samples digitally from a remote location. The high-resolution digital images captured by these microscopes can be shared over secure online networks, thus allowing physicians to collaborate and consult peers or specialists without having to physically pass around samples. This proved advantageous during pandemic times when minimizing physical contact was paramount. Various hospitals and laboratories adopted digital microscope solutions during the pandemic to avoid the risk of disease transmission through physical examination of samples under standard microscopes.
For example, the University of Alabama at Birmingham deployed digital microscope products from Olympus in 2020 across its anatomy laboratories and pathology departments to enable remote teaching and diagnostics. according to a case study published by Olympus Corporation in April 2021. The digital images were shared over secure online networks among faculty members and residents. This allowed teaching and collaborations to continue smoothly without exposing individuals to infection risks. Such successful deployments showcased how digital microscopes can support healthcare even during emergencies. It is expected that more hospitals will integrate similar remote digital solutions going forward as telemedicine becomes increasingly vital.
Global Digital Microscopes Market: Key Developments
In March 2020, Sony ISS, Sony Europe's Image Sensing Solutions division, under partnership with TAGARNO, manufacturer of state-of-the-art digital microscope solutions developed the world’s first digital microscope Featuring a 4K Camera with 60 Frames per second. The highest quality cameras to provide unrivalled visualization, magnification, and image capture, thus allowing ultra-high-definition inspection of objects, surfaces and specimens, depending on the application.
Browse 55 Market Data Tables and 41 Figures spread through 193 Pages and in-depth TOC on “Global Digital Microscopes Market”- Forecast to 2030, Global Digital Microscopes Market, By Product Type (Digital Biological Microscopes, Digital Surgical Microscopes, and Others {Digital Inspection Camera, and Others}), By Modality (Desktop Digital Microscope and Portable Digital Microscope), By Connectivity (Wired Digital Microscope and Wireless Digital Microscope), By Application (Research & Development, Medical Diagnostics, and Forensic Testing), By End User (Hospitals, Clinics, Biopharmaceutical Companies, Academic Research Institute, and Others (Forensic and Pathology Laboratory) and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa).
To know the latest trends and insights prevalent in this market, click the link below:
https://www.coherentmarketinsights.com/market-insight/digital-microscopes-market-511
Key Takeaways of the Global Digital Microscopes Market:
- Global digital microscopes market is expected to exhibit a CAGR of 8.6% during the forecast period, due to strong focus of key players on inorganic growth strategies such as product launches, acquisitions, mergers, collaborations, and others to enhance market position, strengthen product portfolios, and increase product reach, which is expected to drive growth of the global digital microscopes market. For example, under product type segment, the global digital biological microscopes make up the bulk of global sales, digital surgical microscopes represents the fastest growing segment. Surgical procedures are becoming more complex which is driving the need for high-powered magnification and enhanced visualization offered by digital surgical microscopes. According to the analysis published by the American College of Surgeons, in 2020, revealed that the number of comprehensive and specialty surgical facilities has grown significantly between 2015-2020. With operating rooms utilizing more advanced equipment, digital surgical microscopes are being incorporated into an increasing number of complex medical procedures. Their advantages over traditional operating microscopes such as integrated LED illumination and larger HD monitors allow surgeons an improved view of delicate anatomy and tissues.
- Among the product type segments, movable pendants are witnessing the highest growth. Movable pendants can be wheeled to the patient's bedside on carts for temporary use. They are then repositioned easily when it is no longer required. With rising demand for enhanced patient mobility and flexibility of care delivery, movable pendants are gaining popularity. For example, Leica Microsystems, a Germany based microscope manufacturing company, launched Leica Nano workflow: a new live-cell correlative light and electron microscopy (CLEM) workflow solution that is designed to increase experimental success rates, improve reproducibility, and simplify light and electron microscopy (EM) integration. The Leica Nano workflow combines high-contrast live cell imaging with EM sample preparation provides a streamlined all-in-one workflow to answer a wide range of biological questions.
- Among regions, North America accounts for the largest share in the product type category. This is due to the widespread adoption of digital microscopy across academic and research institutions over conventional microscope techniques. According to the data published by the National Science Foundation in 2022, federal funding for biological research projects utilizing digital microscopy increased by over 15% between 2018 to 2021. Several universities have upgraded their biology labs and teaching facilities with new generation digital microscopes from reputed brands owing to their advanced features like high resolution live imaging, greater magnification capability, integrated analysis software, and ease of capturing and storing digital samples electronically. Major microscope manufacturers have also introduced affordable entry-level biological microscopes integrated with WiFi and touchscreen controls thus making the technology more accessible. This growing preference of digital biological microscopes over traditional models in educational and research setups has reinforced their leadership position within the North American market.
- Major players operating in the global digital microscopes market include Keyence Corporation, Hirox Co., Ltd, Carl Zeiss AG, Olympus Corporation, Danaher Corporation, Thermo Fisher Scientific, Nikon Instruments Inc., PCE Instruments, Celestron LLC, Vision Engineering Ltd., Leica Microsystems Inc., Motic Instruments Inc.AmScope, Meiji T, Echno and Prior Scientific Instruments Ltd.
