A major shift towards biophysics is opening new life science opportunities for atomic force microscopy, which is widely used in drug discovery for the visualization, probing and manipulation of biological systems from living cells down to single molecules.
According to the current analysis of Reports and Data, the global atomic force microscope market was valued at USD 463.7 Million in 2020 and is expected to reach USD 714.3 Million by year 2028, at a CAGR of 5.60 percent. Emerging application areas of AFM such as study of chemical reaction rules for manipulation/creation of novel molecules; and nano-medicine applications for imaging, diagnosis, pathological analysis and drug delivery; provides ample opportunities for the growth of global AFM market. Additionally, AFM applications for biological research and semiconductor, LED, battery, solar cells, data storage hard drive, polymers and pharmaceutical product development and manufacturing are other promising areas for growth in this market. The major driving interest in both the cell membrane and in measuring the cell’s Nano-mechanical properties (both at the cellular and molecular level) is the field of Biophysics. This major shift is opening new life science opportunities for AFM which is widely used in drug discovery for the visualization probing and manipulation of biological systems from living cells down to single molecules.
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Further key findings from the report suggest
- The market for Life Sciences and Biology segment is speculatedto grow significantly and deliver a CAGR of 5.1% owing to the number of technological advancements and growing investments in semiconductor industry particularly in North America. The U.S. industry share of the global market was approximately 50% in 2015, and over 82% of the U.S. semiconductor industry sales occur overseas. Additionally, international semiconductor firms accounted for approximately 14% of total U.S. semiconductor fab capacity
- Several European countries offer technologically advanced microscopes for the food Industry. Microorganisms play a significant role in food industry and knowledge of the surface structural and physical properties of food microorganism cells is essential to gain a detailed understanding of their functions in their natural environment and to explore them effectively in various food processes.
- The new imaging technologies enable the acquisition of in vivo and in situ microscopic images at the cellular resolution of any part of the living body. Thus, life sciences and biology are anticipated to continue to be the fastest growing segment during the forecasted period globally owing to the increase in the demand for high resolution and accurate microscopy.
- The number of technological advancements and growing investments in semiconductor industry particularly in North America will aid the growth of the AFM market. In 2015, the U.S. semiconductor industry generated global sales of USD166 billion witha USD335 billion international market.
Regional Outlook:
North America is the largest market for healthcare, followed by Asia-Pacific, Western Europe and then the other regions. Due to favorable regulations and policies in these regions, healthcare industry is rapidly growing. As the market in developed countries is nearly saturated, market players have shifted their focus toward the developing regions, especially the emerging economies of Asia Pacific.
Competitive Outlook:
The prominent factors favoring market growth include increasing launches and initiatives by the market players to provide rapid treatment for addressing the diseases of the patients in the healthcare industry. Market-trend-based strategies for the healthcare market include increasing the adoption of bundled payments, using digital tools, increasing collaborations across industries and companies, focusing on the development of new medicines, and adopting hybrid imaging technology. Players adopted strategies in the healthcare industry include acquiring companies in similar industries to expand their presence and focusing on offering quality products and services.
The competitive landscape section of the report discusses in detail the company overview, product and services portfolio, business expansion plans, production and manufacturing capacity, financial standing, and global market position. It further sheds light on the recent mergers and acquisitions, collaborations, partnerships, corporate and government deals, agreements, and product launches.
Top companies operating in the market and profiled in the report include:
Bruker Corporation. (USA), Zao NT-MDT (Russia), Park Systems (South Korea), WITec Wissenschaftliche Instrumente und Technologie GmbH (Germany), Asylum Research (Oxford Instruments) {USA}, Nanonics Imaging (Israel), Nanosurf (Switzerland), Hitachi High-Technologies Corporation (Japan), Keysight Technologies (USA), Concept Scientific Instruments AFM (France)
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Further, the report segments the Atomic Force Microscope market on the basis of product types, applications, end-use industries, and technology among others. The report offers insights into key factors influencing the revenue growth of the segment and provides information about lucrative investment opportunities to stakeholders, investors, and clients.
Atomic Force Microscope Market Segmentation:
Mode (Revenue, USD Million; 2020-2028)
- Contact AFM
- Non-contact AFM
- Dynamic contact AFM
- Tapping AFM
Grade (Revenue, USD Million; 2020-2028)
- Research Grade Atomic Force Microscope (AFM)
- Industrial Grade Atomic Force Microscope (AFM)
Applications (Revenue, USD Million; 2020-2028)
- Life Sciences and Biology
- Semiconductors and Electronics
- Nanomaterial science
- Others
Regional Analysis covers:
- North America
- US.
- Canada
- Mexico
- Europe
- Germany
- Italy
- UK.
- Rest of EU
- Asia Pacific
- India
- China
- Japan
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Argentina
- Rest of Latin America
- Middle East & Africa
- Saudi Arabia
- South Africa
- A.E
- Rest of MEA
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