In healthcare, spending has increased drastically due to the need to counter COVID-19. Companies are allocating resources to conduct research, produce test kits, develop potential vaccines, and manufacture or supply medical equipment. Government bodies across the world are investing in damage control and disease prevention. This means that while companies other than those manufacturing medical devices or infrastructure that are not directly connected to COVID-19 will face some disruption in the supply chain, the healthcare sector itself is expected to grow in the mid-to-long term.

The demand for microscopy software in the automobile industry is expected to decline, mainly due to low consumer focus on purchasing cars and other automobiles. On the defense side, contractors are better positioned since they will not feel the impact of COVID-19 in the short-to-mid-term. The overall industry is expected to register a negative effect due to the potential global recession.

The COVID-19 outbreak has disrupted business and economic activities globally but is expected to aid the microscope software market for the healthcare and semiconductor industries. However, the automobile and aerospace markets for microscopic software will see negative impacts.

Semiconductors have a wide range of applications, including automobile, aerospace, medical devices, life sciences, and healthcare. As a result, demand for microscopy software solutions can be expected to grow, or perhaps stabilize—especially given the use of semiconductors in healthcare. Other contributing factors include the rising focus on computing & storage, strong demand in consumer smart home categories, increasing use of IoT for digitalization, and the need for strengthening network & communications.

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Challenge: Availability of open-source microscopy software

The availability of open-source software is an important challenge for this market. Any programmer with access to the software can inspect and improve that program or, if required, can fix any issues as needed. In contrast, most software solutions available in the market are closed-source and proprietary—and, more importantly, expensive where open-source software is usually free. Some open-source confocal microscopy analysis solutions—available freely—are ImageJ/FIJI, Cell Profiler/Cell Analyst, Neuronstudio, Volume Integration and Alignment System (VIAS), and L-measure. Most small-scale end-users, academic institutes, and research centers show a high preference for open-source solutions, which directly hampers end-user demand for licensed closed-source software.

Driver: Tecnologicaladvancements in microscopy software & microscopes

Technological advancements in microscopy include digitization, live-cell imaging, super-resolution, and high-throughput methods. These advancements serve to reduce product and test costs. Moreover, recent developments in microscopes include expansion microscopes, scanning helium microscopes, multi-view microscopes, and integrated microscopy workflows. Another significant trend in this market is digital microscopy, which offers enhanced image resolution with greater precision, leading to fewer distorted images and better viewing of samples.

Opportunity: Emerging Markets

Developing countries, including BRIC, offer significant growth opportunities for players in the microscope software market. Government funding for R&D in advanced microscopes and software has increased considerably in these countries. Due to the low manufacturing cost and higher production volumes, these countries will further require advanced microscopes along with enhanced software to compete in the international market. The growth of their life sciences, semiconductor, and automotive industries will also support their demand for microscopes and software.

Recent Developments:

# In 2019, Leica Microsystems ( A part of Danaher) launched LAS X Steel Expert software for the fast and accurate rating of non-metallic inclusions in steel.
# In 2020, JOEL Ltd had an agreement with DI Corporation (South Korea) to acquire all of the DI-owned shares of JEOL Korea Ltd. and make JK a wholly-owned subsidiary of JEOL.
# In 2019, Carl Zeiss AG launched the ZEISS ZEN core software suite that offers new analysis and connectivity modules

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Projected Revenue Surge During Forecast Period:

The global microscope software market size is projected to reach USD 1,021 million by 2025 from USD 567 million in 2020, at a CAGR of 12.5% between 2020 and 2025.

Data Triangulation:

After arriving at the overall market size from the market size estimation process explained above, the global microscope software market was split into segments and subsegments. To complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments, data triangulation and market breakdown procedures were employed, wherever applicable.

The data was triangulated by studying various factors and trends from both the demand and supply sides. Along with this, the global microscope software market was validated using both top-down and bottom-up approaches.

Asia Pacific (APAC) is the largest regional market for microscope software in 2019

Asia Pacific (comprising Japan, China, India, and the Rest of Asia Pacific) accounted for the largest share of the global microscope software market, followed by North America. Factors such as the significant R&D budgets, wide availability of advanced microscopy software offered by market leaders, growing focus on nanotechnology, and the presence of a large number of major research institutes and universities in the region are driving the growth of the microscope software market in the Asia Pacific. Emerging markets such as China, India, Brazil, and countries in the Middle East are expected to offer significant growth opportunities for market players in the coming years, primarily due to the rising R&D funding for microscopy.