The global Cryo-electron Microscopy Market in terms of revenue was estimated to be worth $1.1 billion in 2022 and is poised to reach $2.1 billion by 2028, growing at a CAGR of 11.6% from 2022 to 2028. The increasing focus on nanotechnology has risen the use of cryo-electron microscopes globally. Different academic and research institutes has increased the adoption of technologically advanced cryo-electron microscopes.
Cryo-electron Microscopy Market Key Players:
The prominent players in the Cryo-electron Microscopy market include Thermo Fisher Scientific (US), Danaher (US), JEOL (Japan), Intertek Group Plc (UK), Charles River Laboratories (US), Hitachi High-Technologies Corporation (Japan), Carl Zeiss (Germany), Gatan, Inc. (US), Oxford Instruments (UK) among others.
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By Technology, single particle analysis segment of cryo-electron microscopy market, accounted for the largest share in 2021.
Based on technology, the global market is segmented into electron crystallography, single particle analysis, cryo-electron tomography, and other technologies. In 2021, single particle analysis segment accounted for the largest share of market. Rising use of technological advanced instruments neurodegenerative research, rapid freezing of the samples, and requirement of small amount of purified sample is driving the growth of this segment.
By product & service, instruments segment of cryo-electron microscopy market, accounted for the largest share in 2021
Based on product & services, the global market is segmented into instruments, software, and services. The instruments segment is further segmented into fully automated instruments and semi-automated instruments. In 2021, fully automated instruments accounted for the largest share of market. The highest share of this segment is attributed to the technological advancements and new product launches in the segment.
By application, life science research & academia segment of cryo-electron microscopy market, to register significant growth in near future
Based on application, the global market is segmented into life science research & academia, pharma & biotech manufacturing, healthcare/medical applications, material analysis, and nanotechnology. Life science research & academia to register the highest growth rate during the forecast period. The major factors responsible for the highest growth rate of this segment are numerous fundings to promote research and development in structural biology and rising assistance by the major players in the market by providing different grants for cryo-EM installation.
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By Region, North America is expected to be the largest region of cryo-electron microscopy market, during the forecast period
North America, comprising the US and Canada, accounted for the largest share of market market in 2021. Factors such as increase in the funding to support research activities, rise in the number of clinical trials, and growing applications in healthcare/medical sector are driving the growth of the of market in North America.
