Microscope Software Types Market growth is largely driven by factors such as the rapid adoption of imaging solutions, the development of new microscopy methods, and increasing volumes of biological imaging data. The microscope software market is projected to reach USD 780 million by 2023 from USD 414 million in 2018, at a CAGR of 13.5%.

By type of microscope, the Raman microscopes segment is expected to be the fastest-growing segment in the microscope software market during the forecast period.

The Raman microscopes segment is projected to grow at the highest CAGR during the forecast period. Growth in this application segment is mainly driven by the growing adoption of Raman microscopes among end users due to the various advantages associated with these microscopes. Raman microscopes are cost-effective and non-destructive and provide users with the ability to acquire spectra within seconds.

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The life sciences application segment is projected to occupy the largest share of the market and grow at the highest CAGR during the forecast period.

The life sciences application segment is projected to be the fastest-growing segment during the forecast period. The large share of this segment is primarily due to the rapid adoption of imaging solutions in the life sciences field and the various opportunities created by new microscopy methods such as light sheet microscopy that gather huge amounts of biological imaging data.

North America is projected to account for the largest share of the microscope software market during the forecast period.

North America is estimated to account for the largest share of the Microscope Software Types Market in 2017. Factors such as the presence of a strong life sciences industry and a large base of academic and research institutes in the US are driving the growth in this region. Canada is also a potential market for microscopy owing to favorable government support and growing academic excellence in nanotechnology-based R&D programs.

Major vendors in the microscope software market include Danaher (US), Oxford Instruments (US), Zeiss (Germany), Olympus (Japan), Nikon (Japan), and Thermo Fisher Scientific (US).

These players in the Microscope Software Market adopt various growth strategies such as expansions, acquisitions, and new product launches to expand their presence in the global microscope software market. Product launches and collaborations were the most widely adopted strategy by major players during 2015–2018. This helped them to expand their consumer base and address the unmet needs of end users.

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