Microscope Software Market by Type (Optical Microscope, Electron, Raman), Application (Lifescience, Material Science, Automotive), End User (Pharma Industry, Biotech, Academics, Research Institute (Neuroscience Application)) - Global Forecast to 2023
[106 Pages Report] The microscope software market is projected to reach USD 780 million by 2023 from USD 414 million in 2018, at a CAGR of 13.5%. Growth in this market is driven by the rapid adoption of imaging solutions, the development of new Microscopy methods, and increasing volumes of biological imaging data.
By type of microscope, the Raman microscopes segment is expected to be the fastest-growing segment in the microscope software market during the forecast period.
The Raman microscopes segment is projected to grow at the highest CAGR during the forecast period. Growth in this application segment is mainly driven by the growing adoption of Raman microscopes among end users due to the various advantages associated with these microscopes. Raman microscopes are cost-effective and non-destructive and provide users with the ability to acquire spectra within seconds.
By application, the life sciences segment is expected to account for the largest market share during the forecast period.
The life sciences segment is expected to account for the largest share of the market in 2018, and this trend is expected to continue during the forecast period. The large share of the life sciences segment is primarily driven by the rapid adoption of imaging solutions in the life sciences field due to available funding.
North America is expected to account for the largest market share during the forecast period.
North America is the major revenue-generating region in the global microscope software market. Factors such as the strong life sciences industry and a large base of academic and research institutes in the US are driving the growth in this region. Similarly, Canada is also a potential market for microscopy owing to favorable government support and the growing academic excellence in nanotechnology-based R&D programs.
Key Market Players
The major microscope software vendors include Danaher (US), Oxford Instruments (US), Carl Zeiss (Germany), Olympus (Japan), Nikon (Japan), and Thermo Fisher Scientific (US). Danaher is the leading player in the market. The company has the broadest portfolio in the market since two of its subsidiaries—Molecular Devices and Leica Microsystems—are leaders in the microscopy business. These two companies’ combined have 14 microscopy software products on the market.
Oxford Instruments serves end users in various industries such as life sciences, astronomy, and physical sciences through its two subsidiaries—Andor Technology and Bitplane. The company offers products for image acquisition, 3D visualization, and analysis, as well as software development kits, deconvolution software, and image-stitcher software. Due to its broad portfolio and established customer base, Oxford Technology holds a strong position in the market.
Recent Developments:
- In 2018, DRVISION technologies partnered with Etaluma systems to provide Aivia image analysis solutions with Etaluma’s microscope systems.
- In 2017, Carl Zeiss collaborated with VIB Bioimaging Core to develop and patent an innovative software-based super-resolution image processing technology.
- In 2017, Carl Zeiss partnered with Glencoe software to extend the open-source Bio-Formats image file conversion library to support whole-slide images compressed with the JPEG XR compression scheme.
Key questions addressed by the report:
- Who are the major players in the microscope software market?
- What are the growth trends and the largest revenue-generating regions for microscope software?
- How are microscope software sold to customers?
- What are the major types of microscope software?
- Who are the major end users of microscope software in the life sciences industry?
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Table of Contents
1 Executive Summary
2 Research Methodology
2.1 Research Design
2.2 Data Triangulation
3 Market Overview
3.1 Introduction
3.2 Product Portfolio of Key Companies
3.3 Key Developments
3.4 Key Insights
4 Microscopy Software Market, By Type of Microscope
4.1 Optical Microscopes
4.2 Electron Microscopes
4.3 Raman Microscopy
4.4 Other
4.5 Insights From Industry Experts
5 Microscopy Software Market, By Application
5.1 Introduction
5.2 Life Sciences
5.3 Material Sciences
5.4 Other Application
6 Microscopy Software Market, By End User
6.1 Pharma & Biotech Industries
6.2 Academic & Research Institutes
6.2.1 Neuroscience Application
6.2.2 Other Application
6.3 Other End User
7 Competitive Analysis
7.1 Introduction
7.2 Market Ranking Analysis
7.3 Competitive Situation and Trends
7.3.1 Collaborations, Agreements, and Partnerships
7.3.2 Product Launches and Approvals
7.3.3 Expansions
8 Company Profiles
8.1 Danaher Corporation
8.2 Oxford Instruments
8.3 Carl Zeiss
8.4 Olympus Corporation
8.5 Nikon Corporation
8.6 Thermo Fisher Scientific
8.7 Hitachi High-Technologies
8.8 Jeol
8.9 Scientific Volume Imaging
8.10 Arivis AG
8.11 Drvision Technologies
8.12 Media Cybernetics
8.13 Object Research Systems
9 Appendix
9.1 Discussion Guide
9.2 Knowledge Store: Marketsandmarkets’ Subscription Portal
9.3 Introducing RT: Real-Time Market Intelligence
9.4 Author Details
List of Tables (15 Tables)
Table 1 Microscopy Software Market, By Region, 2016–2023 (USD Million)
Table 2 Microscopy Software Market, By Type of Microscope, 2016–2023 (USD Million)
Table 3 Microscopy Software Market for Optical Microscopes, By Region, 2016–2023 (USD Million)
Table 4 Microscopy Software Market for Raman Microscopes, By Region, 2016–2023 (USD Million)
Table 5 Microscopy Software Market for Electron Microscopes, By Region, 2016–2023 (USD Million)
Table 6 Microscopy Software Market for Other Microscopes, By Region, 2016–2023 (USD Million)
Table 7 Microscopy Software Market, By Application, 2016–2023 (USD Million)
Table 8 Microscopy Software Market for Life Science Applications, By Region, 2016–2023 (USD Million)
Table 9 Microscopy Software Market for Material Science Applications, By Region, 2016–2023 (USD Million)
Table 10 Microscopy Software Market for Other Applications, By Region, 2016–2023 (USD Million)
Table 11 Life Science Microscopy Software Market, By End User, 2016–2023 (USD Million)
Table 12 Life Science Microscopy Software Market for Pharma & Biotech Industries, By Region, 2016–2023 (USD Million)
Table 13 Life Science Microscopy Software Market for Academic & Research Institutes, By Region, 2016–2023 (USD Million)
Table 14 Academic & Research Institutes Market, By Type of Research, 2016–2023 (USD Million)
Table 15 Life Science Microscopy Software Market for Other End Users, By Region, 2016–2023 (USD Million)
List of Figures (18 Figures)
Figure 1 Microscopy Software Market Snapshot
Figure 2 Microscopy Software Market, By Application, 2018 (USD Million)
Figure 3 Microscopy Software Market for Life Sciences, By End User, 2018 (USD Million)
Figure 4 Microscopy Software Market Share, By Type, 2018
Figure 5 Optical Microscopy Market Share, By Region, 2018
Figure 6 Geographical Snapshot: Microscopy Software Market, 2018
Figure 7 Paradigm Shift: Microscopy Systems and Software
Figure 8 Optical Microscopes Held the Largest Share of the Microscopy Software Market in 2017
Figure 9 Key Developments in the Microscopy Software Market Between 2015 and 2018
Figure 10 Market Evolution Framework
Figure 11 Company Snapshot (2017) : Danaher
Figure 12 Company Snapshot (2018) : Oxford Instruments
Figure 13 Company Snapshot (2017) : Carl Zeiss
Figure 14 Company Snapshot (2018) : Olympus Corporation
Figure 15 Company Snapshot (2018) : Nikon Corporation
Figure 16 Company Snapshot (2017) : Thermo Fisher Scientific
Figure 17 Company Snapshot (2017): Hitachi High-Technologies
Figure 18 Company Snapshot (2018): Jeol
The study involved 4 major activities in estimating the current size of the microscope software market. Exhaustive secondary research was done to collect information on the market as well as its peer and parent markets. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Both the top-down and bottom-up approaches were employed to estimate the complete market size. Thereafter, market breakdown and data triangulation procedures were used to estimate the market size of segments and subsegments.
Secondary Research
In the secondary research process, various secondary sources such as Hoovers, Bloomberg BusinessWeek, Forbes, and Dun & Bradstreet have been referred to so as to identify and collect information useful for a technical, market-oriented, and commercial study of the microscope software market. These secondary sources included annual reports, press releases & investor presentations of companies, white papers, World Bank (US), Organisation for Economic Co-operation and Development (OECD), US Food and Drug Administration (FDA), World Health Organization (WHO), Microscope Society of America, European Microscope Society, National Institutes of Health (NIH), Austrian Society for Electron Microscopy, German Society for Electron Microscopy, and the Journal of Microscopy.
Secondary data was collected and analyzed to arrive at the overall market splits, which were further validated using primary research. Secondary research was mainly used to obtain key information about the industry’s supply chain, the total pool of key players, market classification, and segmentation, according to the industry trends to the bottom-most level and regional markets. It was also used to obtain information about the key developments from a market-oriented perspective.
Primary Research
Extensive primary research was conducted after acquiring extensive knowledge about the microscope software market through secondary research. Primary interviews were conducted with market experts from both the demand-side (such as diagnostic centers, researchers, and professors) and supply-side respondents (such as microscope device manufacturers and distributors as well as software developers) across all four major geographies. Approximately 30% and 70% of primary interviews were conducted with both the demand and supply sides, respectively. This primary data was collected through questionnaires, e-mails, online surveys, and telephonic interviews. Given below is the breakdown of the primary respondents:
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Market Size Estimation
Both the top-down and bottom-up approaches were used to estimate and validate the total size of the microscope software market. These approaches were also used extensively to estimate the size of various subsegments in the market. The research methodology used to estimate the market size includes the following:
- Key players were identified through extensive secondary research
- Software product portfolios were studied for each player
- All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources
- All the possible parameters that affect the market covered in this research study were accounted for, viewed in extensive detail, verified through primary research, and analyzed to obtain the final quantitative and qualitative data
Data Triangulation
After deriving the overall microscope software market value data from the market size estimation process explained above, the total market value data was split into several segments and subsegments. To complete the overall market engineering process and arrive at the exact statistics for all the segments, data triangulation and market breakdown procedures were employed wherever applicable. The data was triangulated by studying various qualitative & quantitative variables as well as by analyzing regional trends for both the demand- and supply-side macroindicators.
Report Objectives
- To define, describe, segment, and forecast the microscope software market by application, type, and end user
- To provide detailed information about the factors influencing market growth (drivers, restraints, opportunities, and challenges)
- To strategically analyze micromarkets1 with respect to individual growth trends, prospects, and contributions to the overall market
- To analyze market opportunities for stakeholders and provide details of the competitive landscape for key players
- To forecast the size of market segments in North America, Europe, Asia Pacific (APAC), and the Rest of the World (RoW)
- To profile the key players and comprehensively analyze their core competencies in terms of key market developments, product portfolios, and financials
- To track and analyze competitive developments such as acquisitions, product developments, partnerships, agreements, collaborations, and expansions in the microscope software market
Scope of the Report
Report Metric |
Details |
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Market size available for years |
2016–2023 |
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Base year considered |
2017 |
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Forecast period |
2018–2023 |
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Forecast units |
Values (USD Million), |
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Segments covered |
Type, application, and End User (Life Sciences) |
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Geographies covered |
North America, Europe, APAC, and RoW |
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Companies covered |
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This research report categorizes the microscope software market based on type of microscope, application, and end user.
On the basis of type, the microscope software market is segmented as follows:
- Optical Microscopes
- Electron Microscopes
- Raman Microscopes
- Others Microscopes
On the basis of application, the microscope software market is segmented as follows:
- Life Sciences
- Material Sciences
- Others Applications
On the basis of end user, the life science microscope software market is segmented as follows:
- Pharma & Biotech Industries
- Academic & Research Institutes
- Other End Users
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Growth opportunities and latent adjacency in Microscope Software Market