Optical Microscopes Market Growth Accelerated by Rising Adoption in Diagnostic Laboratories



Optical microscopes aid in a wide range of medical applications such as diagnosis of diseases, pathology examinations, clinical microbiology, and cellular and tissue analysis. They offer non-destructive and real-time examination capabilities of living and preserved specimens at high magnifications. Features such as easy handling and portability further enhance their demand in diagnostic laboratories and clinical settings.

 The global Optical Microscopes Market is estimated to be valued at US$ 1,444.7 Mn in 2023 and is expected to exhibit a CAGR of 13% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.

Market key trends:
The increased adoption of optical microscopes across diagnostic laboratories and research institutes has accelerated the growth of the optical microscopes market. Optical microscopes offer pathologists and lab technicians ease of viewing high-resolution live cell images and digital pathological slides in real-time. Various types of optical microscopes such as inverted, stereomicroscope, and digital microscope have enabled rapid on-site diagnosis and virtual slide sharing. Furthermore, integration of modern technologies like artificial intelligence and 3D imaging is helping scientists and researchers gain novel insights, fueling the trend.

Segment Analysis
The optical microscopes market can be segmented based on product type, end user, and region. Based on product type, the compound microscopes segment held the largest market share in 2023 and is expected to remain the dominating segment over the forecast period. Compound microscopes are popular among end users due to their advantages such as easy accessibility of various magnification ranges and economical price.

Key Takeaways
The global optical microscopes market is expected to witness high growth over the forecast period of 2023 to 2030.

Regional analysis: North America accounted for the largest share of the optical microscopes market in 2023 due to rising R&D activities in the region. However, Asia Pacific is expected to grow at the fastest pace during the forecast period. Improving healthcare infrastructure and rising medical tourism in countries such as China and India are driving the demand for optical microscopes in the region.

Key players operating in the optical microscopes market are Abbott, Synergy Pharma, Mallinckrodt, Bausch Health Companies Inc., Ardelyx, Astellas Pharma Inc., Novartis AG, GSK plc., Ironwood Pharmaceuticals, Inc., and Takeda Pharmaceutical Company Limited. Abbott holds a significant share in the global market due to its diversified product portfolio and strong global presence.

Comments

Post a Comment

Popular posts from this blog

Neuroendocrine Cancer is the fastest growing segment fueling the growth of Pituitary Cancer Market

Image
The pituitary cancer market comprises of medical treatment options for patients diagnosed with pituitary cancer. Pituitary cancers are rare tumors that start in the pituitary gland which is a pea-sized gland located at the base of the brain.  The global Pituitary Cancer Market is estimated to be valued at US$ 380.7 Mn in 2023 and is expected to exhibit a CAGR of 9.6% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.    Market key trends: One of the key trends fueling the growth of the pituitary cancer market is rising preference of targeted drug therapy over conventional chemotherapy. Targeted drug therapies mainly include somatostatin analogs and dopamine agonists which directly act on cancer cells and have less side effects compared to chemotherapy. These targeted drugs are effective in controlling symptoms and slowing tumor growth in patients with hormone secreting pituitary adenomas and carcinomas. The targe...
Read more

Enhancing Patient Care and Comfort: The Evolution of Hospital Beds

Image
  Hospital beds play a crucial role in patient care, providing comfort, safety, and functionality for individuals requiring medical attention. Over the years, advancements in technology and design have revolutionized hospital beds, leading to improved patient outcomes and caregiver efficiency. From basic adjustable beds to sophisticated models equipped with cutting-edge features, the evolution of hospital beds has transformed the healthcare landscape. Evolution of Hospital Beds: Historically, hospital beds were simple in design, primarily consisting of a metal frame with adjustable height and manual controls. However, as medical practices advanced and patient needs became more complex, the demand for more versatile and ergonomic hospital beds grew. In recent decades, significant strides have been made in the development of hospital bed technology. Modern hospital beds are designed with a focus on patient comfort, safety, and mobility. Features such as electronic controls, motorize...
Read more

Dry Eye Disease Market is Estimated to Witness High Growth Owing to Rising Awareness About Disease Management

Image
  Dry eye disease, also known as keratoconjunctivitis sicca, is a multifactorial disease of the ocular surface characterized by lack of sufficient moisture and tear film instability. Common symptoms of dry eye include stingy or burning sensation in eyes and blurred vision.   Market Dynamics : The Dry Eye Disease Market is witnessing high growth owing to rising awareness about disease management and increasing number of people experiencing symptoms of dry eyes. According to the report, increasing usage of electronic devices and prolonged screen time is a major driver fueling the demand for dry eye treatments. Additionally, growing geriatric population worldwide who are more prone to dry eyes is also contributing to the market growth. Availability of various treatment options along with new product launches is further expected to boost the market during forecast period.   Increasing Prevalence of Dry Eye Disease is Driving Market Growth   One of the major market drive...
Read more