Digital microscopes are integrated with high quality image sensors, digital cameras, rechargeable batteries, and also has storage options for saving the images. There are various types of digital microscopes such as desktop digital microscope and portable digital microscope. Furthermore, few microscopes have display systems attached and are wireless. Digital microscopes require at least one power source to function. Integration of technologies in microscopic procedures such as 3D illumination, image sharing functions, and others eliminate the need for purchasing additional instruments. Digital microscopes come under Class 1 medical device in the list of the U.S. Food & Drugs Administration (FDA), as these devices do not interfere with the human body functioning, these regulations applicable to the devices is not as stringent as compared to class 2 and class 3 medical devices. Moreover, European Commission also classifies digital microscopes under the combined nomenclature published in the Official Journal of European Union. Commercially available digital microscopes include DSX Series digital microscopes, ShuttlePix, and Smartzoom 5.
The global digital microscopes market is estimated to be valued at US$ 1,124.0 million in 2020 and is expected to exhibit a CAGR of 6.5% over the forecast period (2020-2027).
Figure 1. Global Digital Microscopes Market Value (US$ Mn) & Y-o-Y Growth Analysis, (2016-2027)
Continuous product launches from leading players such as Hirox Corporation and Olympus Corporation is expected to drive growth of the digital microscopes market.
Development and launching of the innovative digital microscopes such as desktop digital microscope, wired, and wireless digital microscope by leading players operating in medical device industry such as Keyence Corporation, Olympus Corporation, Nikon Corporation, and Hirox Corporation are expected to drive growth of the global digital microscopes market. For instance, in 2015, Hirox Corporation expanded its digital microscope portfolio with the launch of its new RH-2000 digital microscope. Similarly, in 2016, Hirox Corporation launched its new innovative RH-8800 digital microscope. Furthermore, in 2015, Olympus Corporation launched three new models of digital microscope such as DSX510, DSX510i, and DSX110.
|Base Year:||2019||Market Size in 2019:||USD 1,124.0 Mn|
|Historical Data for:||2016 to 2019||Forecast Period:||2020 to 2027|
|Forecast Period 2020 to 2027 CAGR:||6.5%||2027 Value Projection:||USD 1,743.9 Mn|
Olympus Corporation, Nikon Corporation, Leica Microsystems , Carl Zeiss AG, Celestron, LLC, Hirox Corporation, Danaher Corporation, Keyence Corporation, and Tagarno A/S.
|Restraints & Challenges:||
Global Digital Microscopes Market- Regional Analysis
On the basis of region, the global digital microscopes market is segmented into North America, Latin America, Europe, Asia Pacific, Middle East, and Africa.
Among regions, North America is expected to exhibit high growth potential over the forecast period in the digital microscopes market, owing to presence of major pharmaceutical organizations such as Pfizer and Novartis, which are engaged in research and development of innovative therapies, and this is expected to drive demand for digital microscopes. Moreover, presence of leading players such as Carl Zeiss and Leica Microsystems in the Europe region is expected to drive growth of the Europe digital microscopes market, as these players are continuously focusing on product development and launches. For instance, in May 2016, ioLight Limited, a U.K.-based startup, launched pocket digital microscope for scientists to capture and share professional quality image. It can record and share 5MP still images and real time HD video at a magnification of x200, on an iPad Air.
Global Digital Microscopes Market - Impact of Coronavirus (Covid-19) Pandemic
The demand for digital microscopes is expected to increase in the current coronavirus (Covid-19) pandemic. Due to this, pathologists and laboratory worker have started to work from home or remotely. Moreover, digital pathology (digital microscopes) which includes the capturing of high-resolution images of tissue specimen, is one of the factor that has enabled the pathologists to maintain and regulate operations remotely during the pandemic. These digital images can be viewed anywhere and easily shared for second opinions and consults, or in digital teaching sets, overcoming the limitations of working with physical glass slides and microscopes.
Figure 2: Global Digital Microscopes Market Share (%) in terms of Value, By Region (2020 & 2027)
Global Digital microscopes market- Competitive Landscape
Key players operating in the global digital microscopes market include Olympus Corporation, Nikon Corporation, Leica Microsystems, Carl Zeiss AG, Celestron, LLC, Hirox Corporation, Danaher Corporation, Keyence Corporation, and Tagarno A/S.
Digital microscopy is increasingly adopted in the education sector, as it allows projection of images for large audiences. Moreover, image sharing, as well as multiple profile storage features benefit scientific researchers as well as other users. Moreover, advancements in technology in digital microscopes such as on-screen inspection systems, image sharing, and measurement are expected to drive growth of the market. Moreover, advanced digital microscopes have built-in LED illumination, zoom/focus controls, and video/snapshot recording function. Image sharing functions are possible with software systems. Portable microscopes allows USB connectivity and television connectivity via adapter systems. These technological advances have positively impacted growth of the digital microscopes market.
Advantages offered by digital microscopes over conventional optical microscopes such as functional design and overall ergonomics provides it an edge over conventional microscopes. Furthermore, inexperienced users can easily process a sample in digital microscope and obtain the images whereas, conventional microscopes require specific skill set to operate. This factors are expected to boost growth of the digital microscopes market over the forecast period. Digital microscopes have features such as advanced software for image processing, sharing, and storage. For instance, LAS X by Leica Microsystems, and SPOT software by Spot Imaging. These features offered by digital microscopes are beneficial in research and development as well as other applications, and is expected to drive growth of the digital microscopes market over the forecast period.
Key features of the study:
“*” marked represents similar segmentation in other categories in the respective section