Microscope Slide Market Report Overview
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The global microscope slide market size was USD 204.6 million in 2021, as per our research, the market is expected to reach USD 347.64 million in 2031, exhibiting a CAGR of 5.4 % during the forecast period.
The global COVID-19 pandemic has been unprecedented and staggering, with the market experiencing lower-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden rise in CAGR is attributable to the market’s growth and demand returning to pre-pandemic levels once the pandemic is over.
The microscope slide is a thin flat piece of glass. The slide is used to hold objects for examination under a microscope. It is typically 75 by 26 mm. The slide is about 1mm thick.
The market growth is attributed to the growing need for microscopes and increased funding for biological research activities. The increased awareness about the benefits of microscope slides and growing number of R&D activities, the equipment is anticipated to witness potential opportunities in research institutes. The slide us used to examine several specimens in microscopes. Growing investments by market players and huge need to improve the vision and protect the specimen in a microscope slide is anticipated to accelerate market growth in the coming years. Huge usage of microscopes in pathologists and researchers is anticipated to boost product demand. Increased demand from hospitals, laboratories, and others and rapid expansion in healthcare sector is predicted to propel market growth. Further, easy availability of improved devices and rise in need for advanced products is anticipated to fuel market growth in the coming years. On the contrary, high costs associated with microscope slides and coverslip consumption is anticipated to limit market growth in the coming years.
COVID-19 Impact: Growing Demand for R&D Activities and Rise in Adoption of the Equipment for Research Activities to Boost Market Growth
The market witnesses a positive growth due to outbreak of COVID-19. The increased demand for the equipment in healthcare sector. Growing demand for R&D activities and rise in adoption of the equipment for research activities and huge need for vaccines to accelerate market growth.
LATEST TRENDS
"Rise in Surging Levels of Investments for the Frequency of Advanced Products to Foster Market Growth "
The rise in number of surging levels of investments for the frequency of advanced products. The product helps to protect microscope’s objective lens from contacting the specimen and vice versa. The slides are used to prevent contact between the specimen and immersion liquid. Extensive use of the product in medical sector is anticipated to fuel market growth. The microscope slide is a thin flat piece of glass. The slide is used to hold objects for examination under a microscope. It is typically 75 by 26 mm. The slide is about 1mm thick. These advanced features connected with the slide is anticipated to drive market growth in the coming years.
Microscope Slide Market Segmentation
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- By Type
Based on type, the market is divided into regular (non-adhesive, non-printed) microscope slides, adhesive microscope slides, pattern printed microscope slides, and others.
Regular (non-adhesive, non-printed) microscope slides are expected to be the top part of type segmentation.
- By Application
Based on the application, the market is divided into tissue samples and anatomic pathology, diagnostics, biological sciences, geology, material sciences, and others
Tissue samples and anatomic pathology is expected to be the top part of application segmentation.
DRIVING FACTORS
"Increased Usages of Microscopes to Foster Market Progress "
The increasing demand for the product by researchers and pathologists is estimated to fuel market growth. Rapid expansion in healthcare sector and easy availability of advanced equipment is creating opportunities for market expansion. Growing need for the product to reduce the usually complex preparation. Rise in disposable income and increased spending capacity is anticipated to drive market growth. The increased awareness about the benefits of microscope slides and growing number of R&D activities, the equipment is anticipated to witness potential opportunities in research institutes.
"Increased Funding for Biological Research Activities to Propel Market Growth "
The market growth is attributed to the growing need for microscopes and increased funding for biological research activities. The slide us used to examine several specimens in microscopes. Growing investments by market players and huge need to improve the vision and protect the specimen in a microscope slide is anticipated to accelerate market growth in the coming years. Huge usage of microscopes in pathologists and researchers is anticipated to boost product demand. Increased demand from hospitals, laboratories, and others and rapid expansion in healthcare sector is predicted to propel market growth. Further, easy availability of improved devices and rise in need for advanced products is anticipated to fuel market growth in the coming years.
RESTRAINING FACTORS
"Higher Cost of Microscope Slide to Harm Market Growth "
The high costs associated with microscope slides and coverslip consumption is anticipated to limit market growth in the coming years.
Microscope Slide Market Regional Insights
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"Presence of Advanced Laboratories and Pathogens in North America to Drive Market Share"
North America is anticipated to account for the largest microscope slide market share owing to growing need for microscopes and increased funding for biological research activities. The increased awareness about the benefits of microscope slides and growing number of R&D activities, the equipment is anticipated to witness potential opportunities in research institutes. The slide us used to examine several specimens in microscopes. Growing investments by market players and huge need to improve the vision and protect the specimen in a microscope slide is anticipated to accelerate market growth in the coming years. Huge usage of microscopes in pathologists and researchers is anticipated to boost product demand. Increased demand from hospitals, laboratories, and others and rapid expansion in healthcare sector is predicted to propel market growth. Further, easy availability of improved devices and rise in need for advanced products is anticipated to fuel market growth in the coming years.
KEY INDUSTRY PLAYERS
"Leading Players Adopt New Strategies to Stay Competitive"
The report covers information about the list of market players and their latest development in the industry. The information includes mergers, partnerships, acquisitions, technological developments, and production lines. Other aspects examined for this market include complete research on companies producing and introducing the latest products, regions they conduct their operations in, automation, technology adoption, generating the most revenue, and making a difference with their products.
List of Market Players Profiled
- Epredia (PHC Holdings) (U.S.)
- Waldemar Knittel Glasbearbeitungs (Germany)
- BioWorld (U.S.)
- Corning (U.S.)
- Leica Biosystems (Germany)
- Hirschmann (Germany)
- Globe Scientific (U.S.)
- DURAN Group (Germany)
- Paul Marienfeld (Germany)
- Matsunami (Japan)
- Chemglass (U.S.)
- MUTO PURE CHEMICALS (Japan)
- C & A Scientific (U.S.)
- Propper
- Citotest
- Huida
- Feizhou
REPORT COVERAGE
This research profiles a report with general studies that explain the firms that exist in the market affecting the forecasting period. With detailed studies done, it also offers a comprehensive analysis by examining the factors like segmentation, opportunities, industrial developments, trends, growth, size, share, restraints, and others. This analysis is subject to alteration if the key players and probable analysis of market dynamics change.
| REPORT COVERAGE | DETAILS |
|---|---|
Market Size Value In |
US$ 204.6 Million in 2021 |
Market Size Value By |
US$ 347.64 Million by 2031 |
Growth Rate |
CAGR of 5.4% from 2021 to 2031 |
Forecast Period |
2023-2031 |
Base Year |
2023 |
Historical Data Available |
Yes |
Regional Scope |
Global |
Segments Covered |
Type and Application |
Frequently Asked Questions
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What value is microscope slide market expected to touch by 2031?
The global microscope slide market size is expected to reach USD 347.64 million in 2031.
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What CAGR is microscope slide market expected to exhibit by 2031?
The microscope slide market is expected to exhibit a CAGR of 5.4% by 2031.
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Which are the driving factors of the microscope slide market?
The driving factors of the microscope slide market are increased usages of microscopes and increased funding for biological research activities.
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Which are the key player or most dominating companies functioning in the microscope slide market?
Epredia (PHC Holdings), Waldemar Knittel Glasbearbeitungs, BioWorld, Corning, Leica, Biosystems, Hirschmann, Globe Scientific, DURAN Group, Paul Marienfeld, Matsunami, Chemglass, MUTO PURE CHEMICALS, C & A Scientific, Propper, Citotest, Huida, and Feizhou are the key player or most dominating companies functioning in the microscope slide market.
