Flow Imaging Microscopy Market Size to Reach USD 56 Million in 2028 Growing at a CAGR of 7.2%, according to Emergen Research
Emergen Research has published its latest report titled “Flow Imaging Microscopy Market, By Sample Type (Large Biomolecules, Small Biomolecules, Liquid & Viscous Samples, Microfibers and Nano fibers, Others), By Sample Dispersion (Wet Dispersion, Dry Dispersion), By End-use (Biotechnology and Pharmaceutical Companies, Water Testing Laboratories, Food & Beverage Companies, Metal Manufacturing, Chemical & Petrochemical Industries, Research & Academia, Others), and By Region, Forecast to 2028”
According to Emergen Research, the global flow imaging microscopy market size was USD 31.9 Million in 2020 and is expected to reach USD 56 Million in 2028 and register a revenue CAGR of 7.2% during the forecast period, 2021-2028.
Steady revenue growth of the global flow imaging microscopy market is supported by factors such as increasing investments by pharmaceutical and biotechnology companies in the field of nanotechnology, stringent regulatory norms for safety and quality of biopharmaceutical, food & beverage, and chemical products, and increasing applications of flow imaging microscopy in the pharmaceutical, food & beverage, chemical, petrochemical, manufacturing, oil & gas, and water treatment industries. Flow imaging microscopy refers to the method of particle analysis based on size, shape, distribution, color, roughness, and symmetry. The technique involves microscopic examination of each magnified particle in a sample, and subsequently characterizes these particles. In the pharmaceutical and biopharmaceutical sectors, industry, the flow imaging microscopy technique is used in new drug design and development. Hence, the technique finds extensive use in the food & beverage and water treatment industries for detection, identification, and quantification of pollutants and contaminants.
The global flow imaging microscopy market revenue growth is further boosted by factors including increasing government investments in the life sciences sector, increasing applications of nanotechnology in various industries, and growing need for faster and more efficient imaging techniques in manufacturing.
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COVID-19 Impact Analysis:
- Social distancing and restrictions severely disrupted businesses and operations
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- Impacted manufacturing activities and mining operations globally
- Took a toll on economy of various countries
- Caused sudden and drastic downturn in economic activity
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- Caused loss of employment and financial crisis
- Supply impacts were further compounded owing to reduced disposable income
- Emergence of variants continue to cause concerns and impact normal routines
Large Biomolecules Segment Accounted for Largest Revenue Share in 2020:
Based on sample type, the global flow imaging microscopy market is segmented into large biomolecules, small biomolecules, liquid & viscous samples, microfibers and nano fibers, and others. The large biomolecules segment accounted for largest revenue share in the global market in 2020, supported by factors such as rising focus on development of advanced biologics and pharmaceutical formulations, and stringent regulations regarding safety and quality of pharmaceutical drugs and food & beverage products.
Segment to Account for Fastest Revenue CAGR:
Based on end-use, the global flow imaging microscopy market is segmented into biotechnology and pharmaceutical companies, water testing laboratories, food & beverage companies, metal manufacturing, chemical & petrochemical industries, research & academia, and others. The biotechnology and pharmaceutical companies segment is projected to register the fastest revenue CAGR in the global market over the forecast period. Key factors such as increasing government investments in biotechnology and pharmaceutical industries, growing emphasis on development of novel, more advanced drugs and therapeutics to address unmet medical needs, and increasing pharmaceutical and biotechnological research & development activities are driving revenue growth of this segment.
North America Accounted for Largest Revenue Share in 2020:
North America dominated other regional markets in terms of revenue share in the global flow imaging microscopy market in 2020. Rising government investments in the healthcare sector, rapidly thriving food & beverage and chemical industries, increasing adoption of advanced imaging techniques for laboratory tests of pharmaceutical and food & beverage products, and presence of highly developed research facility infrastructure and key market players in the region, including Micromeritics Instrument Corporation and Bio-Techne Corporation, are some of the major factors driving the North America market revenue growth.
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Major Companies in the Global Flow Imaging Microscopy Market Include:
- Bio-Techne Corporation
- Yokogawa Electric Corporation
- Microtrac MRB
- Micromeritics Instrument Corporation
- Fritsch, Haver & Boecker
- Spectris Plc.
- HORIBA Ltd.
- Shimadzu Corporation
- Bettersize Instruments Ltd.
For the purpose of this report, Emergen Research has segmented the global flow imaging microscopy market based on sample type, sample dispersion, end-use, and region:
Sample Type Outlook (Revenue, USD Million; 2018–2028)
- Large Biomolecules
- Small Biomolecules
- Liquid & Viscous Samples
- Microfibers and Nano Fibers
Sample Dispersion Outlook (Revenue, USD Million; 2018–2028)
- Wet Dispersion
- Dry Dispersion
End-use Outlook (Revenue, USD Million; 2018–2028)
- Pharmaceutical and Biotechnology Companies
- Water Testing Laboratories
- Food & Beverage Companies
- Chemical & Petrochemical Industries
- Metal Manufacturing
- Research & Academia
Region Outlook (Revenue, USD Million; 2018-2028)
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
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