Atomic Force Microscopy Market Expected to Reach $806 Million by 2031—Allied Market Research

According to a new report published by Allied Market Research, titled, “Atomic Force Microscopy Market," the atomic force microscopy market was valued at $480.53 million in 2021, and is estimated to reach $806 million by 2031, growing at a CAGR of 5.4% from 2022 to 2031.

Atomic force microscopy (AFM) is a powerful, multifunctional imaging platform that allows biological samples, from single molecules to living cells, to be visualized and manipulated. Soon after the instrument was invented, it was recognized that in order to maximize the opportunities of AFM imaging in biology, various technological developments would be required to address certain limitations of the method.

The growth of the atomic force microscopy market share is majorly driven by increase in demand high-resolution microscopy and growing demand for atomic force microscopy and scanning force microscopy in the healthcare and pharmaceutical industry. Moreover, the growing R&D funding for the development of microscopes, increasing nanotechnology research, and growing expertise and academic excellence, along with the availability of nanomaterials are anticipated to provide lucrative opportunities for the atomic force microscopy market size during the forecast period.

According to atomic force microscopy market analysis, the industrial grade AFM segment was the highest contributor to the market in 2021 and is expected to follow the same trend during the forecasted period. The material science segment accounted for around 40.9% market share in 2021. Surge in adoption of atomic force microscopes in domains like life sciences and biology, semiconductors, electronics, nanomaterial science, and other Industries has driven the atomic force microscopy market growth.

The outbreak of the COVID-19 has significantly impacted the growth of the AFM market.

The market key players profiled in the report include Bruker, Horiba, Park Systems, Oxford Instruments, Hitachi High-Tech, Nanosurf, WITec, NT-MDT Spectrum Instruments, NanoMagnetics Instruments, Nanonics Imaging, AFM Workshop, Attocube Systems, Anton Paar, Semilab, Concept Scientific Instruments, Nano Scan Technologies and Advanced Technologies Center. Market players have adopted various strategies, such as product launch, collaboration & partnership, joint venture, and acquisition, to expand their foothold in the market.

Key Findings of the Study

• In 2021, the atomic force microscopes segment was the major revenue contributor to the atomic force microscopy industry, and is projected to grow at a notable CAGR of 5.61% during the forecast period.
• The material science and semiconductors & electronics segments together accounted for around 72.2% of the atomic force microscopy market trends in 2021.
• The industrial grade AFM segment is projected to growth at a CAGR of 6.08% during the forecast period.
• North America contributed for the major atomic force microscopy share, accounting for more than 38.7% share in 2021.

Key players profiled in the report include Bruker, Horiba, Park Systems, Oxford Instruments, Hitachi High-Tech, Nanosurf, WITec, NT-MDT Spectrum Instruments, NanoMagnetics Instruments, Nanonics Imaging, AFM Workshop, Attocube Systems, Anton Paar, Semilab, Concept Scientific Instruments, Nano Scan Technologies and Advanced Technologies Center. Market players have adopted various strategies, such as product launch, collaboration& partnership, joint venture, and acquisition to expand their foothold in the market.