MEA Microscopy Market

MEA Microscopy Market Size (2023 to 2028)

The size of the Microscopy market in the Middle East and Africa was around USD 255.43 Million in 2023. It is expected to grow at a CAGR of 2.17% to reach USD 284.37 Million by 2028.

Microscopy is the specialist area of using microscopes to see particles and elements invisible to the human eye and objects beyond the range of vision of the average person. The diffraction, reflection, or refraction of electromagnetic radiation communicating with the sample and the accumulation of dispersed radiation or another signal to form an image is all part of optical and electron microscopy. Microscopy has revolutionized biology, spawned histology, and is still a key activity in the life and physical sciences sector.

The microscopy market in the MEA region is forecasted to be driven by the growing application scope and rising demand for technologically improved magnification devices. The market is expected to increase due to the strong demand from the healthcare sector and the constantly expanding semiconductor industry. Furthermore, the development of microscopy to support research activities is adding to rising product demand. The market penetration of microscopes is likely to be boosted by introducing technically sophisticated devices with characteristics such as quicker performance and simple sample preparation procedures.

Major corporations are developing specialist microsurgery services, such as the spine, cranial, and other multidisciplinary surgical. These gadgets are classed as class I medical equipment and are authorized for commercialization immediately.

Furthermore, technological advances to integrate with display modalities to present pictures in high quality and 3-dimensional perspectives are likely to enhance product demand throughout the projected period. Moreover, advanced technologies such as the Internet of Things (IoT), deep learning, and Extended Ultraviolet Lithography (EUVL) are helping to propel the sector forward.

However, the intense competition from local treatments is anticipated to reduce demand for conventional compound microscopes. Furthermore, expensive costs and highly complex items are likely to hinder their uptake in underdeveloped countries. The market is restrained by the scarcity of specialists, a lack of knowledge, and the imposition of excise taxes.

This research report on the MEA microscopy market has been segmented and sub-segmented into the following categories:

By Product: 

• Microscopes
• Accessories

By Type: 

• Optical Microscope
• Electron Microscope
• AFM
• STM
• NSOM

By Application: 

• Semiconductor
• Nanotechnology
• Electronics

By End User: 

• Industrial
• Research Institutes
• Blood Bank

By Country: 

• KSA
• UAE
• Israel
• rest of GCC countries
• South Africa
• Ethiopia
• Kenya
• Egypt
• Sudan
• rest of MEA

The MEA microscopy market is expected to record a considerable share in the global market during the forecast period. Recent advances in electron microscopy methods have made it feasible to regulate the structure of micro-scale devices and components. In the Middle East, electron microscopes check various applications, from packaged electronics to atomic-level structures. Furthermore, the MEA region's thriving Research and development economy is expected to drive demand for electron microscopes.

Based on the area, the private sector plays a significant role in financing Africa's healthcare industry, accounting for more than half of all investments. The surgical microscope market is developing slowly because of the region's various challenges in terms of conflicts and an uncertain economy. However, nations such as the United States, China, and the United Kingdom are investing in the area, and this increased financial revenue will benefit the region's healthcare industries.

On the other hand, the UAE microscopy market is growing due to technological improvements in healthcare, an increase in the elderly population, chronic illnesses, government investment for R&D, and an increase in the number of surgeries performed.

KEY MARKET PLAYERS:

A few of the noteworthy companies in the MEA microscopy market profiled in this report are Carl Zeiss, Danaher, Thermo Fisher, Nikon, Bruker Corporation, Olympus, Oxford Instruments, JEOL Hitachi High-Technologies, Keyence, Vision Engineering, and Helmut Hund.