Fact.MR – A Market Research and Competitive Intelligence Provider: As per insights by Fact.MR, the global market for multiphoton microscopy is expected expand at a 5% CAGR over the forecast period 2021-2031, on the back of increasing adoption of multiphoton microscopy in the cancer research centres.
Application of Multiphoton Microscopy in Deep Tissue Imaging to Grow at a 16% CAGR
The global multiphoton microscopy market survey conducted by Fact.MR offers insights into key drivers and upcoming opportunities in the market over the forthcoming decade. The report also highlights key factors influencing multiphoton microscopy demand outlook in terms of type and end user through 2031.
Fact.MR – A Market Research and Competitive Intelligence Provider: As per insights by Fact.MR, the global market for multiphoton microscopy is expected expand at a 5% CAGR over the forecast period 2021-2031, on the back of increasing adoption of multiphoton microscopy in the cancer research centres.
The rising incidence of cancer is boosting need for early detection and treatment, which is projected to drive the multiphoton microscopy market forward.
Multiphoton microscopy, meantime, is gaining popularity around the world due to properties such as deep tissue penetration, less light damage, useful in live cell imaging, and reduced out-of-focus bleaching. Deep tissue imaging is expected to generate the majority of revenue among the various applications, accounting for approximately 16 percent of the market share in 2021.
The multiple advantages of this imaging technology, which include early diagnosis, staging, and monitoring of therapy response, will continue to drive demand. As a result, the market will see an increase in the number of applications in cancer screening programs.
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Some of the market's leading players are increasingly focusing on new product offerings and innovative diagnostic techniques, such as 3D reconstructed images of live cells, high-resolution, high-sensitivity, deep multiphoton imaging, multi wavelength excitation for broader spectral coverage, and multiphoton software. As a result, substantial chances for market expansion will emerge.
The multiphoton microscopy market in the United States will continue to be dominating. The outlook for demand in the United States remains strong owing to increased cancer incidence, favorable healthcare policies, and rising healthcare spending.
“With increasing penetration of technological innovations and novel product launches, the market for multiphoton microscopy is expected to surge at a rapid pace. Also, two-photon microscopy is gaining immense popularity, which will further bolster future growth prospects,” says a Fact.MR analyst.
Key Takeaways:
- The multiphoton microscopy market in the United States is predicted to increase significantly over the forecast period, owing to rising healthcare spending.
- The U.K. market for multiphoton microscopy is poised to grow at a steady rate owing to the rising prevalence of cancer.
- Based on application, the deep tissue imaging will account for over 16% of the market revenue in 2021.
Key Drivers
- The market is expected to rise due to the development of new diagnostic techniques and products.
- Market expansion will be aided by favorable reimbursement conditions for multiphoton microscopy research and development.
Key Restraints
- High cost of multiphoton microscopic devices is expected to hamper the market growth.
- Lack of skilled professionals to operate instruments to hinder sales prospects.
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Competitive Landscape
Several multiphoton microscopy manufacturers are focusing on new product launches to consolidate their footprint. Other companies are also emphasizing on acquisitions to gain a competitive edge.
For instance, in 2020, HORIBA, a global leader in Raman microscopy and nanoscopy announced the launch of its new imaging tool named EasyImageTM. It offers assistance to new users, allowing them to rapidly produce publication-ready results.
In 2020, ZEISS announced the acquisition of Arivis AG. With this acquisition, ZEISS is focusing at solidifying its software expertise in image processing, 3D image visualization and analysis software for research microscopy.
Some of the leading players operating in the multiphoton microscopy market profiled by Fact.MR are:
- Olympus Corporation
- Bruker
- Leica Microsystems (Danhar)
- Nikon
- ZEISS
- Thorlabs, Inc
- Lavision Biotech
- Semrock
- Becker & Hickl GmbH
- Scientifica (Judges Scientific plc)
- Sutter Instrument
- Femtonics Ltd
More Valuable Insights on Multiphoton Microscopy Market
Fact.MR, in its new report, offers an unbiased analysis of the global multiphoton microscopy market, analyzing forecast statistics through 2021 and beyond. The study reveals growth projections on multiphoton microscopy market with detailed segmentation:
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
Key Questions Covered in the Multiphoton Microscopy Market Report
- The market survey also highlights projected sales growth for multiphoton microscopy market between 2021 and 2031
- The report offers insight into multiphoton microscopy demand outlook for forecast period 2021-2031
- Multiphoton microscopy market share analysis of the key companies within the industry and coverage of strategies such as mergers & acquisitions, collaborations or partnerships, and others
- Multiphoton microscopy market analysis identifies key growth drivers, restraints, and other forces impacting prevailing trends and evaluation of current market size and forecast and technological advancements within the industry
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