Market OverviewPathological microscopes are utilized in the diagnostic centers for diagnosis of infectious and chronic diseases. More precisely, it is used to examine cells and body fluids in the laboratory and assess, type, quantity, and characteristics of the blood cells.
The growing use of pathological microscopes in the drug discovery, increasing prevalence of the infectious and chronic diseases, growing automation in the laboratories and growth in number of private and public diagnostic centers are major drivers driving the market growth. Though, unfavourable reimbursement policies and the high cost associated with the microscopes constrain growth of the market.
Segment OverviewGrowing use of pathological microscopes in the drug discovery is anticipated to drive growth of market. Pharmaceutical industry is observing rapid change in the technology due to growing research and development activities lead by the private as well as the public partners. Majority of players in pharmaceutical market are capitalizing huge money in development of the new drugs. With growing research and development activities, use and demand for the advanced instruments including pathological microscopes in pharmaceutical industry are growing.
Growing pathological microscopes in the drug discovery is the primary factor accelerating growth of market. According to International Federation of the Pharmaceutical Manufacturers and Associations, in 2015, global pharmaceutical industry expended over USD 149.8 billion on the research and development activities. Furthermore, rising prevalence of the chronic and infectious diseases, growing automation in laboratories fuelled the growth of market. Moreover, growth in number of public and private diagnostic facilities are likely to upkeep the market growth. On the other hand, high costs associated with the microscopes and unfavourable reimbursement policies is expected to hamper market growth.
Regional OverviewThe North America is projected to dominate global pathological microscopes market over the forecast period. This is accredited to developed healthcare infrastructure, rising number of the academic institutes, and growing research and development activities in this region.
The market for the pathological microscopes in the Europe is anticipated to be second-largest during forecast period, owing to the factors such as support provided by the government bodies for healthcare sector, growths in life science sector and swelling research and development activities. Moreover, companies operating in market are mainly concentrating on the mergers and acquisition, which is anticipated to support the market growth.
Asia-Pacific is projected to be fastest-growing market due to developing healthcare infrastructure and the growing disposable income. Additionally, growing healthcare infrastructure has augmented the number of various research activities in the region.
Competitor overviewIn August 2018, company, Nikon Corporation announced launch of A1R HD25 confocal microscope. This microscope with high resolution and the high-throughput and is recognised as world's largest twenty five mm field view confocal microscope.
In June 2018, company Olympus Corporation announced its partnership with the MedTech innovator to increase the clinical outcomes and also to reduce the overall cost coupled with improved quality.
In March 2017, company Hitachi High-Technologies Corporation opened the High-Tech Science Park Shanghai Lab in the city Shanghai. This helped company develop and sell the analytical instruments in Chinese market.
Key Players
- Nikon Corporation
- Leica Biosystems Nussloch GmbH
- Olympus Corporation
- ZEISS International
- Sakura Finetek USA, Inc.
- Celestron, LLC.
- Labomed Inc.
- Hitachi High-Technologies Corporation
- Bruker Corporation
- Euromex Microscopen BV
Market SegmentationBy Type
- Compound Microscope
- Electron Microscope
- Optical Microscope
- Digital Microscope
- Fluorescence Microscope
- Others
By End User
- Pathology & Diagnostic laboratories
- Forensic Laboratories
- Hospitals & Clinics
- Others
By Geography
- North America
- Europe
- UK
- Germany
- France
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- Japan
- China
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- LAMEA
- Brazil
- Saudi Arabia
- UAE
- Rest of LAMEA
Research Process
Data Library Research are conducted by industry experts who offer insight on
industry structure, market segmentations technology assessment and competitive landscape (CL), and penetration, as well as on emerging trends. Their analysis is based on primary interviews (~ 80%) and secondary research (~ 20%) as well as years of professional expertise in their respective industries. Adding to this, by analysing historical trends and current market positions, our analysts predict where the market will be headed for the next five years. Furthermore, the varying trends of segment & categories geographically presented are also studied and the estimated based on the primary & secondary research.
In this particular report from the supply side Data Library Research has conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager
and SOFT) of the companies that active & prominent as well as the midsized organization
FIGURE 1: DLR RESEARH PROCESS
Primary Research
Extensive primary research was conducted to gain a deeper insight of the market and industry performance. The analysis is based on both primary and secondary research as well as years of professional expertise in the respective industries.
In addition to analysing current and historical trends, our analysts predict where the market is headed over the next five years.
It varies by segment for these categories geographically presented in the list of market tables. Speaking about this particular report we have conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and many more) of the major players active in the market.
Secondary Research
Secondary research was mainly used to collect and identify information useful for the extensive, technical, market-oriented, and Friend’s study of the Global Extra Neutral Alcohol. It was also used to obtain key information about major players, market classification and segmentation according to the industry trends, geographical markets, and developments related to the market and technology perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, sec filings, journals, white papers, SOFT presentations, and company web sites.
Market Size Estimation
Both, top-down and bottom-up approaches were used to estimate and validate the size of the Global market and to estimate the size of various other dependent submarkets in the overall Extra Neutral Alcohol. The key players in the market were identified through secondary research and their market contributions in the respective geographies were determined through primary and secondary research.
Forecast Model