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Europe Microscopy Market Forecast 2019-2027

The Europe microscopy market is projected to rise at a CAGR of 5.14% over the forecast years of 2019-2027. In Europe, the market finds significant applications in drug manufacturing. It has been on a constant rise in the European market as there is a presence of many pharmaceutical companies and clinical research labs.

The European market utilizes microscopy for the extensive scientific research which goes about in the country. Microscopy finds its application in pathological testing, drug manufacturing, and research. The presence of top pharmaceutical companies in the region provides an added benefit to this market. The microscopes have application in many sectors like that of biotechnology, agriculture and the medical sector where they are widely used in the research & development of new drugs with respect to the treatment of various diseases in the region.
The Germany market accounted for the highest share in 2018. However, it is Germany, which is expected to exhibit the highest CAGR over the forecast period. The country is a medical tourism hub, and its market is chiefly driven by the supportive government norms and policies. The Rest of Europe market which includes Austria, Russia, and other regions is also expected to exhibit a steady growth due to the growing research work in the field of biotechnology and nanotechnology.

GE Healthcare, Hitachi, Ltd., JPK Instruments AG, Alcon Laboratories (acquired by Novartis), Oxford Instruments PLC, Thermo Fisher Scientific Inc., Danish Micro Engineering (acquired by SemiLab ZRT), Olympus Corporation, JEOL Ltd., Nikon Corporation, Danaher Corp., Bruker Corporation, Bayer AG, Carl Zeiss Meditec AG, and Agilent Technologies, Inc. are some of the important companies in this market.
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Europe Microscopy Market Forecast 2019-2027
Published By :Inkwood Research
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