Tag: Multiphoton Microscopy Market Forecast

Growing biomedical research for drug development and diagnostics of cancer is expected to build a favorable atmosphere for the growth of the multiphoton microscopy market in the near future. Moreover, various clinical development programs in several countries are focused at increasing cancer screening programs with the help of governments. This is leading to the early screening and diagnosis of cancer patients. Multiphoton microscopy is now also being used for imaging in clinical oncology diagnostic tests. Growing prevalence of cancer across the world is expected to fuel demand for multiphoton microscopy across geographies.

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Currently, players in the multiphoton microscopy space are consistently making changes in their product categories and technologies in order to enhance device capabilities. For instance, in December 2020, ZEISS introduced ZEISS Lattice lightsheet 7; this product is tailored to observe cellular processes within cells and small organisms in 3D over extended time periods, all at a subcellular resolution with minimum light dosage.

The global multiphoton microscopy market was valued at around US$ 150 Mn in 2019, and is projected to expand at a CAGR of close to 5% through 2031.

Key Takeaways from Multiphoton Microscopy Market Study

• Two-photon microscopy accounted for 94.2% market share in 2020.
• Deep tissue imaging is the most lucrative segment and holds nearly 18% of the market share.
• North America and Europe collectively hold over half of the global multiphoton microscopy market share, owing to technological advancements and increasing mergers and collaborations in these regions.

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• Hospitals & clinics account for over 5% value share, since they serve as the primary centers for disease diagnosis and treatment.
• The COVID19 pandemic has resulted in a temporary pause of all non-essential and elective procedures. Medical device manufacturers have been severely impacted, with companies reporting significant drop in revenue due to the cancellation of diagnostic procedures.

“Rising adoption of e-Commerce and increasing technological advancements are factors anticipated to aid growth of the global multiphoton microscopy market over the coming years,” says a Fact.MR analyst.

Addition of Innovative Products in Portfolio through Partnerships

To retain their positions in the market, prominent medical device manufacturers are identifying potential assets from smaller firms, which typically have limited resources to see projects through to the market.

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Through licensing deals and partnerships, companies are acquiring new products, while continuing to pursue their own in-house development strategies.

• For instance, in September, 2020, Bruker Corporation announced the acquisition of Canopy Biosciences, LLC, a leader in high multiplex biomarker imaging for immunology, immuno-oncology, and cell therapy. This acquisition enhances Bruker’s offerings in targeted multi-omics and fluorescence-based imaging techniques.

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Globally, the prevalence of cancer is increasing, resulting in rising demand for early diagnosis and treatment. According to the National Cancer Institutes, as of January 2019, there were an estimated 16.9 million cancer survivors in the United States alone.

This number is projected to increase to 22.2 million by 2030. Rising prevalence of cancer is expected to create significant demand for multiphoton microscopy across the globe. Fact.MR, in its latest research report, tracks the global sales of multiphoton microscopy in 20+ high-growth markets, with North America and Europe the largest regional markets.

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The research report published by Fact.MR on the Multiphoton Microscopy Market provides a detailed overview of the demands and consumptions of various products/services associated with the growth dynamics of the market during the forecast period. The in-depth market estimation of various opportunities in the segments is expressed in volumes and revenues. The insights and analytics on the Multiphoton Microscopy Market span several pages.

These are covered in numerous sections, including, drivers and restraints, challenges and opportunities, regional segmentation and opportunity assessment, end-use/application prospects analysis, and competitive landscape assessment.

Key Segments of Multiphoton Microscopy Market

Product

• Two-photon Microscopy
• Three-photon Microscopy

Application

• Skin Imaging
• Neuroscience
• Oncology
• Immunology
• Immunology
• Deep Tissue Imaging
• Functional and Molecular Imaging
• Intravital Imaging
• Cell Culture
• Virology
• Others

End User

• Hospitals & Clinics
• Clinical & Diagnostic Laboratories
• Academic & Research Institutes

Region

• North America
• Latin America
• Europe
• South Asia
• East Asia
• Oceania
• Middle East and Africa

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Regional analysis includes

• North America (U.S., Canada)
• Latin America (Brazil, Mexico, Argentina, Chile, Peru, Rest of LATAM)
• EU – (Germany, France, Italy, Spain), UK, BENELUX (Belgium, Netherlands, Luxemburg), NORDIC (Norway, Denmark, Iceland, Sweden), Eastern Europe (Poland, Ukraine, Czech Rep. etc.), Rest of Europe
• CIS & Russia
• Japan
• Asia Pacific Excluding Japan (Greater China, India, S. Korea, ASEAN Countries, Rest of APEJ)
• Middle East and Africa (GCC Countries, Turkey, Iran, Israel, South Africa, Rest of MEA)

The Multiphoton Microscopy Market report offers detailed assessments and quantitative evaluations that shed light on numerous key aspects that have shaped its evolution over the historical period. In coming years, some of the key aspects that will shape the growth prospects during the forecast period are objectively covered in the study.

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The research attempts to answer many queries such as:

1. What needs are the leading manufacturers trying to meet by the forecast period?
2. What challenges will vendors running the Multiphoton Microscopy Market go through?
3. What aspects do the consumers look up while buying Multiphoton Microscopy?
4. How will the competitive framework look like between the foreseeable Period ?
5. At present, who is buying your product or service globally?
6. Who are your primary contenders?
7. What will be the cost of the products and facilities across various regions?
8. What are the trends affecting the performance of the Multiphoton Microscopy Market?

Analysis on Market Size Evaluation

The market has been analyzed for each market segment in terms of volume (Tons) and value (US$ Mn).Market estimates at global and regional levels for Multiphoton Microscopy are available in terms of “US$ Mn” for value and in “‘Tons” for volume. A Y-o-Y growth contrast on prominent market segments, along with market attractiveness evaluation, has been incorporated in the report. Furthermore, absolute dollar opportunity analysis of all the segments adds prominence to the report. Absolute dollar opportunity plays a crucial role in assessing the level of opportunity that a manufacturer/distributor can look to achieve, along with identifying potential resources, considering the sales and distribution perspective in the global Multiphoton Microscopy market.

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About Us:

Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analysed. Our sales offices in United States and Dublin, Ireland. Headquarter based in Dubai, UAE. Reach out to us with your goals, and we’ll be an able research partner.

Contact:

US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583

Corporate Headquarter:
Unit No: AU-01-H Gold Tower (AU),
Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers,
Dubai, United Arab Emirates
Email: sales@factmr.com
Visit Our Website: https://www.factmr.com