Cryo-Electron Microscopy Market - Global Industry Analysis

Cryo-Electron Microscopy Market

Cryo-Electron Microscopy Market Size, Share, Price, Forecasts by 2028

Category: Medical Device Report Format : PDF Pages: 130 Report Code: ZMR-4445 Published Date: Jul-2019 Status : Published
Market Size in 2019 Market Forecast in 2025 CAGR (in %) Base Year
USD 327 million USD 598 million 9% 2019

Cryo-Electron Microscopy Market

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Methodology

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Cryo-electron microscopy (Cryo-EM) is a powerful microscopy technique that is different from using normal microscopes, as the former uses electron beams instead of light. Biologists use cryo-electron microscopy to capture pictures of biological samples that have been frozen in their natural states. It is a more effective and faster way to look deep inside molecules when compared to other structural biology tools. Cryo-EM is an ideal tool for performing analyses at near-native conditions and within a feasible timeframe. Cryo-electron microscopes are a leap in the imaging of complex biological structures, as they provide accurate imaging of complex molecules in their original environment and form. Cryo-electron microscopes further offer molecular resolution in the imaging sector, which has widened the scope of research and diagnostics. Rising investments made by pharmaceutical companies in drug development has widened the possibilities for cryo-electron microscopes globally. These microscopes have a crucial role in detailing the behavior of biological matter with drugs.

Development of capabilities and technological advancements like effective sample preparation techniques and faster processing are likely to boost the cryo-electron microscopy market in the upcoming years globally. Additionally, the integration of display modalities with these advancements to enhance 3-D images and high definition will fuel the demand of cryo-electron microscopy in various applications, which is likely to drive the cryo-electron microscopy market globally. Recently, an advanced device was developed by California’s NanoSystems Institute by integrating a microscope and Artificial Intelligence (AI) to identify cancer cells. Furthermore, wide applications and high demand in advanced technology magnification devices are also driving this market. Visualization and magnification devices are an integral part of the microscopy industry, as they are used in various sectors like polymer, agriculture, nanotechnology, healthcare, and atomic studies, which is further propelling the cryo-electron microscopy market globally.

The global cryo-electron microscopy market is fragmented on the basis of method and application. On the basis of method, the market includes cryo-electron tomography, electron crystallography, single particle analysis, and others. The application segment of the cryo-electron microscopy market comprises lifesciences, semiconductors, material sciences, nanotechnology, and others.

North America dominated the global cryo-electron microscopy market in 2018, due to the presence of a large number of well-established players, high-quality standards maintained by the medical device manufacturers, growth in the adoption of advanced technology, and higher health coverage. The Asia Pacific cryo-electron microscopy market is likely to witness notable growth in the years to come, owing to the rising healthcare expenditure, mandatory healthcare insurance, technological advancements, and increasing number of global companies catering the unmet health needs in China, Japan, and India.

Some key players operating in the global cryo-electron microscopy market are Thermo Fisher Scientific, Hitachi, JEOL, Zeiss, Cordouan, and Delong.

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