Spinning Disk Confocal Microscope Market - Forecast(2024 - 2030)

Spinning Disk Confocal Microscope Market Overview

The Spinning Disk Confocal Microscope Market is forecast to reach $299.4 million by 2027 at a CAGR of 3.5% during the forecast period 2022-2027. The market growth is attributed to its high-performance live-cell imaging applications. Similarly, rapid expansion in biomedical research for live cell imaging over the past years has fueled combination of dramatic advances in spinning disk confocal microscopy instrumentation coupled with the introduction of novel ultra-sensitive detectors and fluorescence anisotropy. According to the report given by WHO in 2021, Globally, approximately 2.3 billion people have a vision impairment or blindness, and at least 1 billion have a vision impairment that could have been prevented or has yet to be addressed. This confocal microscope which helps to provide valuable information about wound healing in the postsurgical cornea, especially after keratorefractive and transplant surgery, which in turn, creates a huge opportunity for the growth of the spinning disk confocal microscope market share. Besides, in the pharmaceutical industry, increasing usage of this confocal microscopy in the classification of systems such as tablets, film coatings, plasma membranes and colloidal systems, which in turn, spur the growth of the spinning disk confocal microscope market size in the forecast period 2022-2027.

Report Coverage

The report: “Spinning Disk Confocal Microscope Market – Forecast (2022-2027)”, by IndustryARC covers an in-depth analysis of the following segments of the Spinning Disk Confocal Microscope Market.

Key Takeaways

• Spinning disk confocal microscope market is driven by the ongoing research and development on life science. With the growing number of application in cell biology, confocal technology is proving to be one of the most important advances in optical microscopy which further contributes the market to grow.
• North America dominated the Spinning Disk Confocal Microscope market share due to growing adoption of the confocal microscope in living cell imaging and rising government funding and policies for medical research.
• Spinning disk confocal microscope has been emerging as a powerful tool for rapid spatial and temporal imaging of living cells, which would further boost the market to grow.

Spinning Disk Confocal Microscope Market Segment Analysis – By Technology

Dual Spinning Disk confocal microscopy is growing at the highest CAGR of 3.9% in the forecast period owing to its applications such as higher speed, higher-sensitivity and simple implementation. This confocal method is popular for applications that require fast image acquisition. Apart from that explosive growth in biomedical research using live-cell imaging techniques has fueled the use of Dual Spinning Disk confocal microscopy. Dual Spinning Disk confocal is the widely used optical technology across a wide range of biological sciences, from plant science to mammalian models. This optical technique offers high contrast 3D image sets, image discrete optical sections in thick samples and others, thereby these benefits make the confocal microscope best suited for plant and mammalian study. Growing advancements in life science offer leverage for the growth of Spinning Disk confocal microscopy. For instance, In 2019 Denmark researchers has developed a new method for microscopically profiling tiny cells which allow them to analyses more than 3,000 cells from the immune cell. This research activity needs large investment in specialized microscope equipment, which further set to contribute to the growth of Spinning Disk confocal microscopy.

Spinning Disk Confocal Microscope Market Segment Analysis – By Application

Spinning Disk Confocal Microscope In life science applications is expected to grow with at a CAGR of 4.2% in the forecast period 2022-2027 owing to its applications such as observing the internal workings of cellular processes in the living cells and use lower light levels to provide accurate cell physiology through real-time image acquisition. Thus, the cell study is aiding the growth of the life sciences segment in the global spinning disk confocal microscope market.

Spinning Disk Confocal Microscope Market Segment Analysis – By Geography

North America dominated the Spinning Disk Confocal Microscope market share with more than 34.4% in 2021 and is expected to have significant growth during the forecast period. Growing adoption of the confocal microscope in living cell imaging, increasing application in dentistry, and government funding and policies for medical research are key factors triggering the growth of the spinning disk confocal microscope market in this region. In 2021, the government of Canada has decided to spend approximately $4.2 billion on basic medical research and this funding is given to The Stem Cell Network, a non-profit organization in Ottawa that is active in clinical application research. Also in 2020, Genome Canada, a non-profit organization in Ottawa that supports genomic research, will get about $77 million from the government for medical research. Hence, these rising investments in research activities accelerate the market for the spinning disk confocal microscope market in the forecast period 2022-2027.

Spinning Disk Confocal Microscope Market Drivers

Rising Nano-technology based research

Nanotechnology is one of the emerging vertical of importance for energy, healthcare, electronics, and many more. Nanotechnology application requires high resolution and technically advance microscopes for catering its application in high tech industries such as life science and others. The necessity of analyzing three-dimensional images, fast dynamic process, detailed inside the cell membrane has to propel the growth of the spinning disk confocal microscope market. The investment into nanotechnology research is rising significantly. For instance, NSF's total NNI (Nanotechnology) funding in 2021 reached $453.53 million. This will drive the market for spinning disk confocal microscope market.

Growing R&D activities across industries such as Pharmaceutical, life science

R&D activities across several industries such as semiconductor, life science, pharmaceutical and others are projected to compliment the spinning disk confocal microscope market. Further growing chronic diseases has propelled research and development of advance drug delivery and life science for efficient health care and diagnosis to drive adoption of nanomaterial in drug delivery and to develop advance diagnosis technique. For instance, there was $46 billion raised for new venture capital and private equity funds targeting China life science investments in 2021, with the average fund size increasing to $765 million. Also, in 2021, the UK received the highest level of life science foreign direct investment projects in Europe, a big rebound post Covid-19 and only second to the United States. In U.K., the life science sector continues to grow and the Government has strong ambitions that more can be done. As part of the sector deal, investment will be increased in R&D to 2.4 percent of GDP by 2027 and 3 percent over the longer term – delivering an estimated increase of $99.80bn between 2019-2027.

Spinning Disk Confocal Microscope Market Challenges

Limited image acquisition of single-beam laser confocal microscope

The single-beam laser confocal microscope is limited in image acquisition speed due to the need for extremely precise control of galvanometer mirrors that are used to raster scan the beam across the specimen, as well as the limited number of photons emitted by the specimen during the pixel dwell time. These technical limitations would further hinder the growth of the spinning disk confocal microscope.

Spinning Disk Confocal Microscope Market Landscape

Partnerships, acquisitions and R&D activities are key strategies adopted by players in the Spinning Disk Confocal Microscope. In 2019, Spinning Disk Confocal Microscope Industry outlook has been consolidated by few companies. Spinning Disk Confocal Microscope market top 10 companies include: 

1. Olympus Corporation
2. Leica Microsystem
3. ZEISS Group (Carl Zeiss Meditec AG)
4. Nikon Corporation
5. Bio-Rad Laboratories, Inc.
6. Bruker Corporation
7. Oxford Instruments plc
8. ISS.Inc
9. Thorlabs, Inc
10. Yokogawa

Recent Developments

• In May 2021, Aurox launched a new unity product, the all-in-one bench-top, laser-free confocal microscope.
• In October 2021, CrestOptics introduced a DeepSIM super resolution confocal microscope module. The DeepSIM module can be used with Crest’s X-light V3 spinning disk, or alternative confocal systems, to offer high-resolution images for life science researchers.

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