Cryo-electron Microscopy Market

Report Overview

The Cryo-Electron Microscopy Market size is expected to be worth around USD 1.6 billion by 2032 from USD 724.2 million in 2022, growing at a CAGR of 8.7% during the forecast period from 2023 to 2032.

The global cryo-electron microscopy market is anticipated to witness significant growth from 2023 to 2032. The development in the study of biological models and the surge in investment in research and development due to rising chronic diseases and connected situations around the world is leading to the growth of the cryo-electron microscope market. Оvеr the years of incredible improvement, for studying and viewing the structures of dіffеrеnt bіоlоgісаl mоlесulеѕ іt hаѕ being an effective technique.

Cryo-electron microscopy is a method that utilizes electron microscopy at cryogenic temperatures to copy frozen-hydrated samples. Specimens can be studied in their ordinary state without utilizing fixatives or colors, allowing for the study of proper cellular structures, protein diversity, and viruses at molecular resolution. COVID-19 enforced a primary impact on the “global cryo-electron microscopy market”

Global Cryo-Electron Microscopy Market Scope:

Type Analysis

The type segment comprises crystallography, electron, cryo-electron tomography, single particle analysis, and others. Among these types, electron crystallography is valued at US$ 217.5 million in 2022. The increasing inclination of electron microscopy and correlative light is also answerable for the growth of the cryo-electron microscopes segment.

Application Analysis

The application segment revenue comprises life sciences, semiconductors, nanotechnology, material sciences, and other applications. Material sciences hold a significant market share of 28.61% in 2022. Owing to the use of the cryo-electron microscope in mineral and structural inquiries of the geological sample.

Component Analysis

The component segment includes software and hardware. Among components, the hardware segment is valued at US$ 384.83 million in 2022. This is owing to the new inventions in the hardware segment in diverse organizations, including Thermo Fisher, Zeiss, and many other medical device companies.

Key Market Segments:

By Type

• Electron, Crystallography
• Single Particle Analysis
• Cryo-electron Tomography
• Other Types

By Application

• Semiconductors
• Life Sciences
• Material Sciences
• Nanotechnology
• Other Applications

By Component

• Hardware
• Software

Market Dynamics:

Drivers

Technological Advancements in Microscopy

Live-cell imaging, digitization, high throughput techniques, and super-resolution are samples of technological expansions in microscopy. These expansions assist in testing expenses and cutting back on products. Scanning helium microscopes (SHeM), expansion microscopes, integrated microscopy processes, and multi-view microscopes are recent advancements in microscope technology. The recent expansion in the market for electron microscopy and sample preparation is digital imaging. Digital imaging offers precision and superior image resolution, which results in better sample viewing and fewer distorted images. The expansion of whole slide scanning devices has accelerated the usage of digital microscopy. These systems offer thorough specimen visualization utilizing 3D images and 2D images for application in forensics, R&D, failure analysis, and quality assurance.

Favorable Funding for R&D

The favorable funding environment for microscopy R&D, and the growth in venture capital investments and healthcare costs, are all backing the market’s development. The growing spread of chronic illnesses and viruses has necessitated R&D spending. Furthermore, the producers are spending a lot of money to introduce and expand technologically progressive cryo-electron microscopes, which will hurry up the market’s development and offer a lot of area for growth during the estimated period.

Opportunities

Growth of Nanotechnology

Many disciplines, including the space program, health, the manufacture of fabrics, fuel cells, food, water purification, and solar cells, have profited from nanotechnology. It is the topic of several R&D projects, one of the features promoting the development of this market.

Growing Prevalence of Communicable Diseases

Due to the growing prevalence of communicable diseases, the cryo-electron microscopy market is anticipated to observe considerable growth over the approaching years.

Restraints/Challenges

Lack of Skilled Professionals

laboratory technicians and Physicists can efficiently function with essential compound microscopes; skilled personnel is required to improve progressive microscopes. The lack of capable personnel who cannot use these instruments could limit the development of the global cryo-electron microscopy market over an estimated period.

High Cost

The vast spending requirement to develop or set up the instruments will hamper market development. Numerous market players make enormous investments in installing advanced and new machines to faster the procedure, and in return, the cost is improved.

Threats

The Dearth of Skilled Professionals

Аlthоugh Сrуо-ЕМ оffеrs оvеrаll hіgh mаgnіfісаtіоn, оnе оf thе mајоr drawback оf Сrуо-еlесtrоn mісrоѕсоре іѕ that рrоvіdеѕ а lоw ѕіgnаl tо nоіѕе rаtіо. Fоr bіоlоgісаl mасrоmоlесulеѕ, thе сrіtісаl buіldіng blосkѕ іnсludе hуdrоgеn, саrbоn, аnd охуgеn. Mоlесulеѕ еlесtrоn аbѕоrрtіоn оf thеѕе іѕ lоw, thеn thеrе іѕ соntrаѕt оf thе rеѕultіng іmаgеѕ which mаkе іt сhаllеngіng tо dеtесt functions оf а given sample when viewing а few samples.

COVID-19 Impact analysis on Global Cryo-Electron Microscopy Market

Considering the current scenario, the COVID-19 pandemic has left an exceptional global community health crisis that has impacted nearly every business. Its long-term consequences are anticipated to impact industry development during the estimated period. COVID-19 has a varied impact on companies that manufacture semiconductor industries for the cryo-electron microscope market. They are utilized in several end-use industries, including aerospace, automotive, life sciences, healthcare, and medical devices. The semiconductor application area is expected to see a negative impact in some areas and a positive one in certain areas, as diverse parent industries are affected inversely. Likely, COVID-19 will positively affect this application area.

Details included are company overview, company financials, company profiling, revenue generated, potential, investment in research and development, new initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, and application dominance.

Regional Analysis

North America leads the cryo-electron microscopy market, driving the growing acceptance of progressive technology and advanced health analysis within the region. Asia-Pacific is anticipated to increase at a substantial growth rate in the estimated 2023 to 2032 because of the quick technological progressions, rise in healthcare spending, and increase in venture capital investments within this region.

Multiple technology firms and governments are focusing on emerging nanotechnology due to its market growth in various applications and are capitalizing on cryo-electron microscope technology. Cryo-electron microscope market in the region is growing due to the ongoing clinical trials and the number of well-equipped diagnostic centers.

Key Regions and Countries covered in the report:

• North America
  • The US
  • Canada
  • Mexico
• Europe
  • Germany
  • The UK
  • France
  • Italy
  • Russia
  • Spain
  • Rest of Europe
• APAC
  • China
  • Japan
  • South Korea
  • India
  • Rest of Asia-Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • GCC
  • South Africa
  • Israel
  • Rest of MEA

Market Share & Key Players Analysis:

Key companies primarily focus on forming partnerships, joint ventures, and evolving new products to gain a leading market share in the global Cryo-electron Microscopy market. Thermo Fisher Scientific Inc., the worldwide leader in aiding science, and Roper Technologies, a significantly extended technology company, aired that they have together finished the agreement under which Thermo Fisher would have developed Gatan, Inc., a wholly reserved subsidiary of Roper.

Major players in the Global Cryo-Electron Microscopy Market Include:

Market Key Players:

• Thermo Fisher Scientific
• JEOL Ltd
• Hitachi High-Technologies Corporation
• carl zeiss ag
• Delong America Inc
• Cordouan Technologies
• Nvidia Corporation
• Cray Inc
• Structura Biotechnology Inc
• Gatan
• Oxford Instruments

For the Cryo-electron Microscopy Market research study, the following years have been considered to estimate the market size: