The global microscope software market size is expected to grow from $649.76 million in 2021 to $744.24 million in 2022 at a compound annual growth rate (CAGR) of 14.5%. The change in the microscope software market growth trend is mainly due to the companies stabilizing their output after catering to the demand that grew exponentially during the COVID-19 pandemic in 2021. The market is expected to reach $1255.23 million in 2026 at a CAGR of 14.0%.
What is the Global Microscope Software Market?
The microscope software market consists of sales of microscope software and related services by entities (organizations, sole traders, and partnerships) that are engaged in providing integrated and standalone software services. Microscope software is used for the collection, analysis, and presentation of images produced from a microscope using digital image processing techniques. The software reconstructs a 3D model of the sample and the processing turns a 2D into a 3D instrument.
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What drives the Global Microscope Software Market?
The rise in funding from governments in the area of scientific equipment is expected to drive the market for microscope software in the forecast period. Globally, there has been a surge in bacterial infections. Several public investments are being made to combat bacterial infections and to determine their structure through the use of a microscope. The growing applications of microscope software in virus imaging and precision modeling attracts government funding. For instance, in January 2021, UK Research and Innovation (UKRI), a UK government department announced funding of $293.15 million (£213 million) for scientific equipment including high-tech microscopes to accelerate virus testing and replace machines that were widely used in COVID-19 research during the epidemic. Therefore, the rise in funding from governments propels the growth of the microscope software market.
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Global Microscope Software Market Segments
The global microscope software market is segmented:
By Type: Integrated Software, Standalone Software
By Microscope Type: Electron Microscope, Optical Microscope, Raman Microscope, Others
By Application: Life Sciences, Material Sciences, Aerospace, Healthcare, Automotive, Others
By End-User: Pharmaceutical and Biotechnology Organizations, Academic and Research Institutes, Neuroscience Research, Others
By Geography: The regions covered in the microscope software market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
Microscope Software Global Market Report 2022provides market size and growth forecasts for the global microscope software market, global microscope software market share, microscope software market segments and geographies, microscope software market competitive landscape including leading competitors’ revenues, profiles and market shares. The microscope software market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
Global Microscope Software Industry Playersinclude Carl Zeiss AG, Oxford Instruments plc, Olympus Corporation, Leica Microsystems, Nikon Corporation, Gatan Inc, Basler AG, Arivis AG, Object Research Systems Inc., Thermo Fisher Scientific, Scientific Volume Imaging B.V., Media Cybernetics Inc and SVision LLC. Based on industry trends and company analysis, the report explains a number of strategies for companies in the market.
