Global automated microscopy market to grow by US$1.84b from 2024 to 2028

It is estimated to grow at a compound annual growth rate of 10.87%.

The global automated microscopy market size is estimated to grow by US$1.84b from 2024 to 2028 at a compound annual growth rate of 10.87%, according to Technavio. 

This will be driven by the growing adoption of automated systems in laboratories, as well as government funding and advancements in artificial intelligence and machine learning technology.

Countries with potential market growth include the US, which leads the roster with a 46% contributed growth, China, Germany, Canada, and France.

However, the high cost of these instruments poses a challenge as companies closely monitor research and development expenses. 

The cost of automation systems, ranging from US$500,000 to US$3m, limits adoption to only a few large hospitals and commercial labs. Additionally, conducting over two million tests annually necessitates investments with an average price of around US$10,000.