Cryogenic Electron Microscopy Market Scope
Cryogenic Electron Microscopy (cryo-EM) is a technique that is applied to the samples which are cooled to cryogenic temperatures and embedded in an environment of vitreous water. Moreover, it is a method that enables the imaging of frozen-hydrated specimens. The ability of a cyro-electron microscope to provide precise and accurate imaging of complex molecules in their original form and environment has won the market relentless praise. The market is expected to grow in the future due to growth in the pharmaceutical and healthcare industry and rise in the research and development sector in emerging countries. Additionally, the integration of display modalities with 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.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | Thermo Fisher Scientific (United States), JEOL (Japan), Hitachi (Japan), Zeiss (Germany), Delong (Singapore), Cordouan (France), Leica Microsystem (Germany), Olympus Corporation (Japan), Sigma Aldrich Corp. (United States), Nikon Corporation (Japan) and Danish Micro Engineering (United States) |
CAGR | % |
Cryogenic Electron Microscopy is a fragmented market due to the presence of several regional and international players. The players are focusing on planning strategic activities like partnerships, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge. Research Analyst at AMA estimates that Global Players will contribute to the maximum growth of Global Cryogenic Electron Microscopy market throughout the predicted period.
Thermo Fisher Scientific (United States), JEOL (Japan), Hitachi (Japan), Zeiss (Germany), Delong (Singapore), Cordouan (France), Leica Microsystem (Germany), Olympus Corporation (Japan), Sigma Aldrich Corp. (United States), Nikon Corporation (Japan) and Danish Micro Engineering (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research are OPTIKA (Italy), Intertek Group Plc. (United Kingdom) and Others.
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.
Segmentation Overview
The study have segmented the market of Global Cryogenic Electron Microscopy market by Type , by Application (Material Sciences, Semiconductors, Nanotechnology, Lifesciences and Others) and Region with country level break-up.
On the basis of geography, the market of Cryogenic Electron Microscopy has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
region held largest market share in the year 2022.
Market Leaders and their expansionary development strategies
In June 2023, JEOL has completed installation of the two CRYO ARMs at Generate Biomedicines’ laboratory space in Andover, Massachusetts. The new facility expands beyond the company’s Somerville, Mass headquarters to specifically house their microscopy labs. Generate Biomedicines unveiled the new CryoEM facility.
In April 2022, Thermo Fisher's Scientist cryoelectron microscope to enhance structural biology research in India. Scientific service provider, Thermo Fisher Scientific recently deployed its cryo-transmission electron microscope at the Centre for Cellular and Molecular Biology (CCMB), Hyderabad in Telangana. According to the company’s press statement, the advanced cryo-electron microscopes has support advanced research in molecular and cellular biology and enable scientists to accelerate potential cures, drug discoveries and diagnostics research.
Influencing Trend:
Investment within Drug Development by Pharmaceutical Companies
Market Growth Drivers:
Growth in Pharmaceutical and Healthcare Industry in Developing Countries and Rise in Research and Development Sector in Emerging Countries
Challenges:
Lack of Knowledge Among Developing Nations and Need Skilled Healthcare Professionals
Restraints:
High-Cost Associated With the R&D of this Microscopy
Opportunities:
The market has its opportunity from the Asia Pacific region as the cryo-electron microscopy market is likely to witness notable growth in the years to come, because of the rising healthcare expenditure, mandatory healthcare insurance, and technological advancements.
Key Target Audience
Manufacturers, Distributors/Traders/Wholesalers, Subcomponent Manufacturers, Industry Association and Downstream Vendors